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Consolidated Statements of Earnings - USD ($)
$ in Millions
12 Months Ended
Feb. 02, 2024
Feb. 03, 2023
Jan. 28, 2022
Current Earnings      
Net sales $ 86,377 $ 97,059 $ 96,250
Cost of sales 57,533 64,802 64,194
Gross margin 28,844 32,257 32,056
Expenses:      
Selling, general and administrative 15,570 20,332 18,301
Depreciation and amortization 1,717 1,766 1,662
Operating income 11,557 10,159 12,093
Interest – net 1,382 1,123 885
Pre-tax earnings 10,175 9,036 11,208
Income tax provision 2,449 2,599 2,766
Net earnings $ 7,726 $ 6,437 $ 8,442
Basic earnings per common share (in dollars per share) $ 13.23 $ 10.20 $ 12.07
Diluted earnings per common share (in dollars per share) $ 13.20 $ 10.17 $ 12.04
Current Earnings (Percentages)      
Net sales 100.00% 100.00% 100.00%
Cost of sales 66.61% 66.77% 66.70%
Gross margin 33.39% 33.23% 33.30%
Expenses (Percentages)      
Selling, general and administrative 18.02% 20.94% 19.01%
Depreciation and amortization 1.99% 1.82% 1.73%
Operating income 13.38% 10.47% 12.56%
Interest – net 1.60% 1.16% 0.92%
Pre-tax earnings 11.78% 9.31% 11.64%
Income tax provision 2.83% 2.68% 2.87%
Net earnings 8.95% 6.63% 8.77%