|
Consolidated Statements of Operations (USD $)
In Millions, except Per Share data, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
|
Oct. 27, 2012
|
Oct. 29, 2011
|
Oct. 27, 2012
|
Oct. 29, 2011
|
|
| Sales | $ 16,601 | $ 16,054 | $ 49,589 | $ 47,529 |
| Credit card revenues | 328 | 348 | 986 | 1,048 |
| Total revenues | 16,929 | 16,402 | 50,575 | 48,577 |
| Cost of sales | 11,569 | 11,165 | 34,406 | 32,874 |
| Selling, general and administrative expenses | 3,704 | 3,525 | 10,686 | 10,230 |
| Credit card expenses | 106 | 109 | 333 | 283 |
| Depreciation and amortization | 542 | 546 | 1,603 | 1,568 |
| Gain on receivables held for sale | (156) | (156) | ||
| Earnings before interest expense and income taxes | 1,164 | 1,057 | 3,703 | 3,622 |
| Net interest expense | 192 | 200 | 558 | 574 |
| Earnings before income taxes | 972 | 857 | 3,145 | 3,048 |
| Provision for income taxes | 335 | 302 | 1,107 | 1,100 |
| Net earnings | $ 637 | $ 555 | $ 2,038 | $ 1,948 |
| Basic earnings per share (in dollars per share) | $ 0.97 | $ 0.82 | $ 3.09 | $ 2.85 |
| Diluted earnings per share (in dollars per share) | $ 0.96 | $ 0.82 | $ 3.06 | $ 2.84 |
| Weighted average common shares outstanding | ||||
| Basic (in shares) | 654.8 | 673.2 | 659.3 | 682.2 |
| Diluted (in shares) | 662.2 | 678.3 | 665.8 | 686.9 |
| X | ||||||||||
|
- Definition
The sum of the periodic bad debt provision charged to earnings based on an assessment of expected losses, as well as operations and marketing expenses supporting the credit card portfolio. No definition available.
|
| X | ||||||||||
|
- Definition
Represents the gain or loss on consumer credit card loans classified as held-for-sale during the reporting period. No definition available.
|
| X | ||||||||||
|
- Definition
The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Sum of operating profit and nonoperating income or expense before Income or Loss from equity method investments, income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This element represents the income or loss from continuing operations (before interest income and interest expense) attributable to the economic entity which may also be defined as revenue less expenses from ongoing operations, after income or loss from equity method investments, but before interest income, interest expense, income taxes, extraordinary items, and noncontrolling interest. No definition available.
|
| X | ||||||||||
|
- Definition
The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Interest and fee income from credit card balances due from individuals. Such loans are considered revolving credit arrangements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cost of borrowed funds accounted for as interest that was charged against earnings during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Net income after adjustments for dividends on preferred stock (declared in the period) and/or cumulative preferred stock (accumulated for the period). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|