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Condensed Consolidated Statements Of Income - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 8 Months Ended
May 07, 2017
May 08, 2016
May 07, 2017
May 08, 2016
REVENUE        
Net sales $ 28,216 $ 26,151 $ 84,815 $ 80,345
Membership fees 644 618 1,910 1,814
Total revenue 28,860 26,769 86,725 82,159
OPERATING EXPENSES        
Merchandise costs 24,970 23,162 75,185 71,252
Selling, general and administrative 2,907 2,731 8,827 8,372
Preopening expenses 15 18 52 54
Operating income 968 858 2,661 2,481
OTHER INCOME (EXPENSE)        
Interest expense (21) (30) (81) (94)
Interest income and other, net 18 7 40 51
INCOME BEFORE INCOME TAXES 965 835 2,620 2,438
Provision for income taxes 259 286 838 847
Net income including noncontrolling interests 706 549 1,782 1,591
Net income attributable to noncontrolling interests (6) (4) (22) (20)
NET INCOME ATTRIBUTABLE TO COSTCO $ 700 $ 545 $ 1,760 $ 1,571
NET INCOME PER COMMON SHARE ATTRIBUTABLE TO COSTCO:        
Basic (in dollars per share) $ 1.59 $ 1.24 $ 4.01 $ 3.58
Diluted (in dollars per share) $ 1.59 $ 1.24 $ 3.99 $ 3.56
Shares used in calculation (000's)        
Basic (shares) 438,817 438,815 438,650 438,930
Diluted (shares) 441,056 441,066 440,745 441,321
CASH DIVIDENDS DECLARED PER COMMON SHARE $ 7.50 $ 0.45 $ 8.40 $ 1.25