Exhibit 99(C)

Target Corporation

(Millions)

(unaudited)

CREDIT CARD CONTRIBUTION OF CONTINUING OPERATIONS

	Three Months Ended
	May 3, 2003			August 2, 2003			November 1, 2003			January 31, 2004			Year Ended January 31, 2004
Revenues
Finance charges, late fees and other revenues	$	246		$	250		$	255		$	264		$	1,015
Merchant fees
Intracompany	9			12			12			16			49
Third-party	19			20			20			23			82
Total revenues	274			282			287			303			1,146
Expenses
Bad debt	111			117			122			126			476
Operations and marketing	64			58			58			66			246
Total expenses	175			175			180			192			722
Pre-tax credit card contribution	$	99		$	107		$	107		$	111		$	424
As a percent of total average receivables (annualized)	8.9		%	9.4		%	9.2		%	9.1		%	9.1		%

ALLOWANCE FOR DOUBTFUL ACCOUNTS

	Three Months Ended
	May 3, 2003			August 2, 2003			November 1, 2003			January 31, 2004
Allowance at beginning of period	$	320		$	327		$	334		$	341
Bad debt provision	111			117			122			126
Net write-offs	(104		)	(110		)	(115		)	(115		)
Allowance at end of period	$	327		$	334		$	341		$	352
As a percent of period-end receivables	7.3		%	7.2		%	7.3		%	7.1		%

SUPPLEMENTAL DATA

	May 3, 2003			August 2, 2003			November 1, 2003			January 31, 2004
Period-end receivables	$	4,484		$	4,623		$	4,634		$	4,973
Total past due as a percent of period-end receivables *	4.0		%	4.1		%	4.4		%	4.2		%

* Accounts with three or more payments past due.

	Three Months Ended
	May 3, 2003			August 2, 2003			November 1, 2003			January 31, 2004			Year Ended January 31, 2004
Total revenues as a percent of average receivables (annualized):	24.4		%	24.8		%	24.7		%	24.9		%	24.6		%
Net write-offs as a percent of average receivables (annualized):	9.2		%	9.7		%	9.9		%	9.5		%	9.5		%
Total average receivables	$	4,511		$	4,553		$	4,640		$	4,881		$	4,661