Quarterly Financial Data (Unaudited)

12 Months Ended

Aug. 30, 2015

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Data (Unaudited)

Note 12—Quarterly Financial Data (Unaudited)

The two tables that follow reflect the unaudited quarterly results of operations for 2015 and 2014.

	52 Weeks Ended August 30, 2015
	First Quarter (12 Weeks)			Second Quarter (12 Weeks)				Third Quarter (12 Weeks)			Fourth Quarter (16 Weeks)			Total (52 Weeks)
REVENUE
Net sales	$	26,284		$	26,872			$	25,517		$	34,993		$	113,666
Membership fees	582			582				584			785			2,533
Total revenue	26,866			27,454				26,101			35,778			116,199
OPERATING EXPENSES
Merchandise costs	23,385			23,897				22,687			31,096			101,065
Selling, general and administrative	2,696			2,671				2,579			3,499			11,445
Preopening expenses	15			9				14			27			65
Operating income	770			877				821			1,156			3,624
OTHER INCOME (EXPENSE)
Interest expense	(26		)	(27		)		(31		)	(40		)	(124		)
Interest income and other, net	35			20				9			40			104
INCOME BEFORE INCOME TAXES	779			870				799			1,156			3,604
Provision for income taxes	274			263			(1)	280			378			1,195
Net income including noncontrolling interests	505			607				519			778			2,409
Net income attributable to noncontrolling interests	(9		)	(9		)		(3		)	(11		)	(32		)
NET INCOME ATTRIBUTABLE TO COSTCO	$	496		$	598			$	516		$	767		$	2,377
NET INCOME PER COMMON SHARE ATTRIBUTABLE TO COSTCO:
Basic	$	1.13		$	1.36			$	1.17		$	1.75		$	5.41
Diluted	$	1.12		$	1.35			$	1.17		$	1.73		$	5.37
Shares used in calculation (000’s)
Basic	438,760			440,384				440,070			438,835			439,455
Diluted	442,210			442,896				443,132			442,404			442,716
CASH DIVIDENDS DECLARED PER COMMON SHARE	$	0.355		$	5.355		(2)	$	0.40		$	0.40		$	6.51

_______________

(1) Includes a $57 tax benefit recorded in the second quarter in connection with the special cash dividend paid to employees through the Company's 401(k) Retirement Plan.

(2) Includes the special cash dividend of $5.00 per share paid in February 2015.

	52 Weeks Ended August 31, 2014
	First Quarter (12 Weeks)			Second Quarter (12 Weeks)			Third Quarter (12 Weeks)			Fourth Quarter (16 Weeks)			Total (52 Weeks)
REVENUE
Net sales	$	24,468		$	25,756		$	25,233		$	34,755		$	110,212
Membership fees	549			550			561			768			2,428
Total revenue	25,017			26,306			25,794			35,523			112,640
OPERATING EXPENSES
Merchandise costs	21,824			23,043			22,554			31,037			98,458
Selling, general and administrative	2,501			2,531			2,487			3,380			10,899
Preopening expenses	24			8			16			15			63
Operating income	668			724			737			1,091			3,220
OTHER INCOME (EXPENSE)
Interest expense	(27		)	(26		)	(25		)	(35		)	(113		)
Interest income and other, net	18			30			12			30			90
INCOME BEFORE INCOME TAXES	659			728			724			1,086			3,197
Provision for income taxes	228			255			245			381			1,109
Net income including noncontrolling interests	431			473			479			705			2,088
Net income attributable to noncontrolling interests	(6		)	(10		)	(6		)	(8		)	(30		)
NET INCOME ATTRIBUTABLE TO COSTCO	$	425		$	463		$	473		$	697		$	2,058
NET INCOME PER COMMON SHARE ATTRIBUTABLE TO COSTCO:
Basic	$	0.97		$	1.05		$	1.08		$	1.59		$	4.69
Diluted	$	0.96		$	1.05		$	1.07		$	1.58		$	4.65
Shares used in calculation (000’s)
Basic	437,970			439,776			439,446			437,875			438,693
Diluted	442,420			442,829			442,720			441,887			442,485
CASH DIVIDENDS DECLARED PER COMMON SHARE	$	0.31		$	0.31		$	0.355		$	0.355		$	1.33