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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Nov. 01, 2014
Nov. 02, 2013
Nov. 01, 2014
Nov. 02, 2013
Sales $ 1,731 $ 1,622 $ 5,240 $ 4,714
Cost of sales 1,157 1,085 3,495 3,163
Selling, general and administrative expenses 353 340 1,051 969
Depreciation and amortization 34 35 106 97
Impairment and other charges 0 0 3 2
Interest expense, net 1 2 3 4
Other income (1) [1] 0 [1] (3) [1] (3) [1]
Costs and Expenses, Total 1,544 1,462 4,655 4,232
Income before income taxes 187 160 585 482
Income tax expense 67 56 211 174
Net income $ 120 $ 104 $ 374 $ 308
Basic earnings per share (in dollars per share) $ 0.84 $ 0.70 $ 2.59 $ 2.06
Weighted-average common shares outstanding (in shares) 143.6 147.7 144.5 149.2
Diluted earnings per share (in dollars per share) $ 0.82 $ 0.70 $ 2.55 $ 2.04
Weighted-average common shares assuming dilution (in shares) 145.7 149.5 146.6 151.2
[1] Other income includes non-operating items, such as lease termination gains, royalty income, and the changes in fair value, premiums paid and realized gains associated with foreign currency option contracts.