Segments and Geographic Information

12 Months Ended

Feb. 01, 2014

Segment Reporting [Abstract]

Segment and Geographic Information

Segment and Geographic Information

Segment Information

Our chief operating decision maker ("CODM") is our Chief Executive Officer. Our business is organized into two segments: Domestic (which is comprised of all operations within the U.S. and its territories) and International (which is comprised of all operations outside the U.S. and its territories). Our CODM has ultimate responsibility for enterprise decisions. Our CODM determines, in particular, resource allocation for, and monitors performance of, the consolidated enterprise, the Domestic segment and the International segment. The Domestic segment managers and International segment managers have responsibility for operating decisions, allocating resources and assessing performance within their respective segments. Our CODM relies on internal management reporting that analyzes enterprise results to the net earnings level and segment results to the operating income level.

We do not aggregate our operating segments, so our operating segments also represent our reportable segments. The accounting policies of the segments are the same as those described in Note 1, Summary of Significant Accounting Policies.

The following tables present our business segment information in fiscal 2014, 2013 (11-month) and 2012 ($ in millions):

	12-Month			11-Month			12-Month
	2014			2013			2012
Revenue
Domestic	$	35,831		$	33,222		$	37,596
International	6,579			6,605			7,861
Total revenue	$	42,410		$	39,827		$	45,457
Percentage of revenue, by revenue category
Domestic:
Consumer Electronics	30		%	34		%	36		%
Computing and Mobile Phones	48		%	44		%	40		%
Entertainment	8		%	9		%	12		%
Appliances	7		%	6		%	5		%
Services	6		%	6		%	6		%
Other	1		%	1		%	1		%
Total	100		%	100		%	100		%
International:
Consumer Electronics	28		%	31		%	34		%
Computing and Mobile Phones	40		%	39		%	36		%
Entertainment	7		%	8		%	8		%
Appliances	20		%	17		%	17		%
Services	5		%	5		%	5		%
Other	< 1%			< 1%			< 1%
Total	100		%	100		%	100		%
Operating income (loss)
Domestic	$	1,145		$	731		$	1,964
International(1)	(5		)	(850		)	236
Total operating income (loss)	1,140			(119		)	2,200
Other income (expense)
Gain on sale of investments	20			—			55
Investment income and other	27			20			22
Interest expense	(100		)	(99		)	(111		)
Earnings (loss) from continuing operations before income tax expense and equity in income (loss) of affiliates	$	1,087		$	(198	)	$	2,166
Assets
Domestic	$	11,146		$	10,874		$	9,592
International	2,867			5,913			6,413
Total assets	$	14,013		$	16,787		$	16,005
Capital expenditures
Domestic	$	440		$	488		$	488
International	107			217			278
Total capital expenditures	$	547		$	705		$	766
Depreciation
Domestic	$	565		$	561		$	612
International	136			233			267
Total depreciation	$	701		$	794		$	879

(1) Included within our International segment's operating loss for fiscal 2013 (11-month) is a $819 million goodwill impairment charge.

Geographic Information

The following table presents our geographic information in fiscal 2014, 2013 (11-month) and 2012 ($ in millions):

	12-Month		11-Month		12-Month
	2014		2013		2012
Net sales to customers
United States	$	35,831	$	33,222	$	37,596
Canada	4,522		4,818		5,635
China	1,806		1,574		2,069
Other	251		213		157
Total revenue	$	42,410	$	39,827	$	45,457
Long-lived assets
United States	$	2,190	$	2,404	$	2,507
Europe	—		352		352
Canada	244		341		432
China	139		142		161
Other	25		31		19
Total long-lived assets	$	2,598	$	3,270	$	3,471