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Condensed Consolidated Statements Of Income - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 8 Months Ended
May 13, 2018
May 07, 2017
May 13, 2018
May 07, 2017
REVENUE        
Net sales $ 31,624 $ 28,216 $ 95,020 $ 84,815
Membership fees 737 644 2,145 1,910
Total revenue 32,361 28,860 97,165 86,725
OPERATING EXPENSES        
Merchandise costs 28,131 24,970 84,481 75,185
Selling, general and administrative 3,155 2,907 9,613 8,827
Preopening expenses 8 15 37 52
Operating income 1,067 968 3,034 2,661
OTHER INCOME (EXPENSE)        
Interest expense (37) (21) (111) (81)
Interest income and other, net 41 18 70 40
INCOME BEFORE INCOME TAXES 1,071 965 2,993 2,620
Provision for income taxes 309 259 867 838
Net income including noncontrolling interests 762 706 2,126 1,782
Net income attributable to noncontrolling interests (12) (6) (35) (22)
NET INCOME ATTRIBUTABLE TO COSTCO $ 750 $ 700 $ 2,091 $ 1,760
NET INCOME PER COMMON SHARE ATTRIBUTABLE TO COSTCO:        
Basic (in dollars per share) $ 1.71 $ 1.59 $ 4.77 $ 4.01
Diluted (in dollars per share) $ 1.70 $ 1.59 $ 4.74 $ 3.99
Shares used in calculation (000's)        
Basic (shares) 438,740 438,817 438,576 438,650
Diluted (shares) 441,715 441,056 441,383 440,745
CASH DIVIDENDS DECLARED PER COMMON SHARE $ 0.57 $ 7.50 $ 1.57 $ 8.40