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Condensed Consolidated Statements Of Income - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 8 Months Ended
May 12, 2019
May 13, 2018
May 12, 2019
May 13, 2018
REVENUE        
Total Revenue $ 34,740 $ 32,361 $ 105,205 $ 97,165
OPERATING EXPENSES        
Merchandise costs 30,233 28,131 91,576 84,481
Selling, general and administrative 3,371 3,155 10,310 9,613
Preopening expenses 14 8 45 37
Operating income 1,122 1,067 3,274 3,034
OTHER INCOME (EXPENSE)        
Interest expense (35) (37) (105) (111)
Interest income and other, net 36 41 104 70
INCOME BEFORE INCOME TAXES 1,123 1,071 3,273 2,993
Provision for income taxes 207 309 679 867
Net income including noncontrolling interests 916 762 2,594 2,126
Net income attributable to noncontrolling interests (10) (12) (32) (35)
NET INCOME ATTRIBUTABLE TO COSTCO $ 906 $ 750 $ 2,562 $ 2,091
NET INCOME PER COMMON SHARE ATTRIBUTABLE TO COSTCO:        
Basic (in dollars per share) $ 2.06 $ 1.71 $ 5.83 $ 4.77
Diluted (in dollars per share) $ 2.05 $ 1.70 $ 5.79 $ 4.74
Shares used in calculation (000's)        
Basic (shares) 439,859 438,740 439,767 438,576
Diluted (shares) 442,642 441,715 442,565 441,383
Net sales        
REVENUE        
Total Revenue $ 33,964 $ 31,624 $ 102,903 $ 95,020
Membership fees        
REVENUE        
Total Revenue $ 776 $ 737 $ 2,302 $ 2,145