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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Oct. 28, 2017
Oct. 29, 2016
Oct. 28, 2017
Oct. 29, 2016
Net sales $ 4,332 $ 4,327 $ 12,319 $ 12,481
Cost of merchandise sold 2,737 2,720 7,693 7,812
Gross margin 1,595 1,607 4,626 4,669
Operating expenses:        
Selling, general and administrative 1,095 1,080 3,053 3,074
Depreciation and amortization 243 232 724 700
Impairments, store closing and other costs 0 (6) 0 186
Operating income 257 301 849 709
Interest expense, net 74 76 225 233
Income before income taxes 183 225 624 476
Provision for income taxes $ 66 $ 79 233 173
Net income     $ 391 $ 303
Net income per share:        
Basic (in dollars per share) $ 0.70 $ 0.83 $ 2.33 $ 1.68
Diluted (in dollars per share) $ 0.70 $ 0.83 2.32 $ 1.68
Dividends declared and paid per share     $ 1.10  
Retained Earnings [Member]        
Operating expenses:        
Net income $ 117 $ 146 $ 391 $ 303