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CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Oct. 31, 2015
Nov. 01, 2014
Oct. 31, 2015
Nov. 01, 2014
Revenue $ 8,819 $ 9,032 $ 25,905 $ 26,130
Cost of goods sold 6,708 6,956 19,661 20,109
Restructuring charges – cost of goods sold (1) 0 4 0
Gross profit 2,112 2,076 6,240 6,021
Selling, general and administrative expenses 1,874 1,866 5,451 5,369
Restructuring charges 8 5 185 12
Operating income 230 205 604 640
Other income (expense)        
Gain on sale of investments 0 5 2 7
Investment income and other 3 0 14 10
Interest expense (20) (22) (60) (68)
Earnings from continuing operations before income tax (benefit) expense 213 188 560 589
Income tax (benefit) expense 84 72 230 (133)
Net earnings from continuing operations 129 116 330 722
Gain (loss) from discontinued operations (Note 2), net of tax benefit (expense) of $-, $3, $3 and $(1) (4) (9) 88 (7)
Net earnings including noncontrolling interests 125 107 418 715
Net earnings from discontinued operations attributable to noncontrolling interests 0 0 0 (1)
Net earnings attributable to Best Buy Co., Inc. shareholders $ 125 $ 107 $ 418 $ 714
Basic earnings (loss) per share attributable to Best Buy Co., Inc. shareholders        
Continuing operations (in dollars per share) $ 0.37 $ 0.33 $ 0.95 $ 2.07
Discontinued operations (in dollars per share) (0.01) (0.03) 0.25 (0.02)
Basic earnings per share (in dollars per share) 0.36 0.30 1.20 2.05
Diluted earnings (loss) per share attributable to Best Buy Co., Inc. shareholders        
Continuing operations (in dollars per share) 0.37 0.33 0.93 2.04
Discontinued operations (in dollars per share) (0.01) (0.03) 0.25 (0.02)
Diluted earnings per share (in dollars per share) 0.36 0.30 1.18 2.02
Dividends declared per common share (in dollars per share) $ 0.23 $ 0.19 $ 1.20 $ 0.53
Weighted-average common shares outstanding (in millions)        
Basic (in shares) 344.7 350.1 348.9 349.0
Diluted (in shares) 349.0 354.0 353.6 352.5