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SEGMENT REPORTING AND NET SALES (Tables)
12 Months Ended
Feb. 01, 2026
Segment Reporting [Abstract]  
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas
The following table presents net property and equipment, classified by geography:
in millionsFebruary 1,
2026
February 2,
2025
January 28,
2024
Net property and equipment – in the U.S.$25,139 $24,193 $23,347 
Net property and equipment – outside the U.S.2,882 2,509 2,807 
Net property and equipment$28,021 $26,702 $26,154 
The following table presents net sales, classified by geography:
 FiscalFiscalFiscal
in millions202520242023
Net sales – in the U.S.$152,170 $147,007 $140,083 
Net sales – outside the U.S.12,513 12,507 12,586 
Net sales$164,683 $159,514 $152,669 
Schedule of Disaggregation of Revenue
The following table presents our Primary segment major product lines and the related merchandising departments (and related services):
Major Product LineMerchandising Departments
Building Materials
Building Materials, Electrical, Lumber, Millwork, and Plumbing
Décor
Appliances, Bath, Flooring, Kitchen & Blinds, Lighting, and Paint
Hardlines
Hardware, Indoor Garden, Outdoor Garden, Power, and Storage & Organization
The following table presents net sales by major product line (and related services) within our Primary segment, as well as Other net sales:
FiscalFiscalFiscal
in millions202520242023
Building Materials$52,439 $52,862 $52,572 
Décor51,679 52,525 52,750 
Hardlines47,848 47,721 47,347 
Primary segment net sales
151,966 153,108 152,669 
Other net sales (1)
12,717 6,406 — 
Net sales
$164,683 $159,514 $152,669 
—————
(1)Net sales presented in Other relate to the sale of products within our SRS non-reportable operating segments, following our acquisition of SRS in the second quarter of fiscal 2024 and the subsequent acquisition of GMS in the third quarter of fiscal 2025. Roofing and related products accounted for approximately 53% and 68% of Other net sales for fiscal 2025 and fiscal 2024, respectively.
The following table presents net sales by merchandising department (and related services) within our Primary segment, as well as Other net sales:
FiscalFiscalFiscal
202520242023
dollars in millionsNet
Sales
% of
 Net Sales
Net
Sales
% of
Net Sales
Net
Sales
% of
Net Sales
Appliances$13,987 8.5 %$14,068 8.8 %$13,875 9.1 %
Bath
6,495 3.9 6,462 4.1 6,580 4.3 
Building Materials12,375 7.5 12,429 7.8 12,098 7.9 
Electrical
8,010 4.9 7,875 4.9 7,993 5.2 
Flooring
8,232 5.0 8,692 5.4 8,703 5.7 
Hardware
8,983 5.5 8,982 5.6 8,956 5.9 
Indoor Garden
10,176 6.2 10,302 6.5 10,276 6.7 
Kitchen & Blinds
7,982 4.8 7,889 4.9 7,999 5.2 
Lighting
4,006 2.4 4,221 2.6 4,549 3.0 
Lumber11,391 6.9 11,768 7.4 11,734 7.7 
Millwork8,187 5.0 8,328 5.2 8,456 5.5 
Outdoor Garden10,467 6.4 10,329 6.5 10,384 6.8 
Paint10,977 6.7 11,193 7.0 11,044 7.2 
Plumbing12,476 7.6 12,462 7.8 12,291 8.1 
Power
13,168 8.0 13,210 8.3 12,850 8.4 
Storage & Organization
5,054 3.1 4,898 3.1 4,881 3.2 
Primary segment net sales
151,966 92.3 153,108 96.0 152,669 100.0 
Other net sales (1)
12,717 7.7 6,406 4.0 — — 
Net sales
$164,683 100.0 %$159,514 100.0 %$152,669 100.0 %
—————
Note: Certain percentages may not sum to totals due to rounding.
(1)See above for further discussion of net sales presented in Other.
Revenue from External Customers by Products and Services
The following table presents net sales by products and services:
 FiscalFiscalFiscal
in millions202520242023
Net sales – products $159,029 $153,674 $146,835 
Net sales – services 5,654 5,840 5,834 
Net sales$164,683 $159,514 $152,669 
Schedule of Segment Reporting Information, by Segment
The following table presents net sales, significant expenses, and operating income for our Primary segment:
in millions
Fiscal
 2025
Fiscal
 2024
Fiscal
 2023
Net sales
$151,966 $153,108 $152,669 
Cost of sales
99,717 101,194 101,709 
Selling, general and administrative28,885 27,822 26,598 
Depreciation and amortization2,790 2,779 2,673 
Operating income
$20,574 $21,313 $21,689 
The following table presents a reconciliation of certain segment information to our consolidated totals:
Fiscal 2025Fiscal 2024
in millions
Primary
Other (1)
Consolidated
Primary
Other (1)
Consolidated
Net sales
$151,966 $12,717 $164,683 $153,108 $6,406 $159,514 
Operating income
20,574 316 20,890 21,313 213 21,526 
Interest income and other, net
(124)(201)
Interest expense
2,412 2,321 
Earnings before provision for income taxes
$18,602 $19,406 
Depreciation and amortization (2)
$3,344 $715 $4,059 $3,350 $358 $3,708 
—————
(1)Net sales presented in Other relate to the sale of products within our SRS non-reportable operating segments, following our acquisition of SRS in the second quarter of fiscal 2024 and the subsequent acquisition of GMS in the third quarter of fiscal 2025. Operating income presented in Other includes cost of sales and operating expenses totaling $12.4 billion and $6.2 billion for fiscal 2025 and fiscal 2024, respectively, within these SRS non-reportable operating segments.
(2)Includes depreciation and finance lease amortization in cost of sales. Also includes intangible asset amortization expense of $209 million and $207 million for fiscal 2025 and fiscal 2024, respectively, in our Primary segment, and intangible asset amortization expense of $398 million and $218 million for fiscal 2025 and fiscal 2024, respectively, in Other.