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Consolidated Statements of Operations (USD $)
In Millions, except Per Share data
3 Months Ended 6 Months Ended
Jul. 30, 2011
Jul. 31, 2010
Jul. 30, 2011
Jul. 31, 2010
Sales $ 15,895 $ 15,126 $ 31,475 $ 30,283
Credit card revenues 345 406 700 841
Total revenues 16,240 15,532 32,175 31,124
Cost of sales 10,872 10,293 21,710 20,705
Selling, general and administrative expenses 3,473 3,263 6,705 6,405
Credit card expenses 86 214 174 494
Depreciation and amortization 509 496 1,022 1,012
Earnings before interest expense and income taxes 1,300 1,266 2,564 2,508
Net interest expense        
Nonrecourse debt collateralized by credit card receivables 18 21 37 44
Other interest expense 174 165 338 330
Interest income (1) (1) (1) (1)
Net interest expense 191 185 374 373
Earnings before income taxes 1,109 1,081 2,190 2,135
Provision for income taxes 405 402 797 785
Net earnings $ 704 $ 679 $ 1,393 $ 1,350
Basic earnings per share (in dollars per share) $ 1.03 $ 0.93 $ 2.03 $ 1.84
Diluted earnings per share (in dollars per share) $ 1.03 $ 0.92 $ 2.02 $ 1.82
Weighted average common shares outstanding        
Basic (in shares) 680.8 731.1 686.7 735.5
Diluted (in shares) 685.1 736.6 691.2 741.1