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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
May 06, 2012
May 08, 2011
May 06, 2012
May 08, 2011
REVENUE        
Net sales $ 21,849 $ 20,188 $ 65,538 $ 59,460
Membership fees 475 435 1,381 1,277
Total revenue 22,324 20,623 66,919 60,737
OPERATING EXPENSES        
Merchandise costs 19,543 18,067 58,613 53,059
Selling, general and administrative 2,151 1,991 6,472 5,970
Preopening expenses 6 8 22 24
Provision for impaired assets, closing costs and other, net 1 1 2 7
Operating income 623 556 1,810 1,677
OTHER INCOME (EXPENSE)        
Interest expense (19) (27) (73) (80)
Interest income and other, net 18 5 65 14
INCOME BEFORE INCOME TAXES 622 534 1,802 1,611
Provision for income taxes 217 193 657 569
Net income including noncontrolling interests 405 341 1,145 1,042
Net income attributable to noncontrolling interests (19) (17) (45) (58)
NET INCOME ATTRIBUTABLE TO COSTCO $ 386 $ 324 $ 1,100 $ 984
NET INCOME PER COMMON SHARE ATTRIBUTABLE TO COSTCO:        
Basic $ 0.89 $ 0.74 $ 2.53 $ 2.26
Diluted $ 0.88 $ 0.73 $ 2.50 $ 2.22
Shares used in calculation (000's)        
Basic 433,791 436,977 434,180 435,913
Diluted 439,166 443,570 439,748 442,727
CASH DIVIDENDS DECLARED PER COMMON SHARE $ 0.000 $ 0.240 $ 0.480 $ 0.650