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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Oct. 29, 2016
Oct. 31, 2015
Oct. 29, 2016
Oct. 31, 2015
Revenue $ 8,945 $ 8,819 $ 25,921 $ 25,905
Cost of goods sold 6,742 6,708 19,511 19,661
Restructuring charges – cost of goods sold 0 (1) 0 4
Gross profit 2,203 2,112 6,410 6,240
Selling, general and administrative expenses 1,890 1,874 5,407 5,451
Restructuring charges 1 8 30 185
Operating income 312 230 973 604
Other income (expense)        
Gain on sale of investments 0 0 2 2
Investment income and other 8 3 22 14
Interest expense (16) (20) (54) (60)
Earnings from continuing operations before income tax expense 304 213 943 560
Income tax expense 112 84 343 230
Net earnings from continuing operations 192 129 600 330
Gain (loss) from discontinued operations (Note 2), net of tax benefit (expense) of $-, $-, $(7) and $3, respectively 2 (4) 21 88
Net earnings $ 194 $ 125 $ 621 $ 418
Basic earnings        
Continuing operations (in dollars per share) $ 0.61 $ 0.37 $ 1.87 $ 0.95
Discontinued operations (in dollars per share) 0.00 (0.01) 0.07 0.25
Basic earnings per share (in dollars per share) 0.61 0.36 1.94 1.20
Diluted earnings        
Continuing operations (in dollars per share) 0.60 0.37 1.85 0.93
Discontinued operations (in dollars per share) 0.01 (0.01) 0.07 0.25
Diluted earnings per share (in dollars per share) 0.61 0.36 1.92 1.18
Dividends declared per common share (in dollars per share) $ 0.28 $ 0.23 $ 1.29 $ 1.20
Weighted-average common shares outstanding (in millions)        
Basic (in shares) 316.2 344.7 320.2 348.9
Diluted (in shares) 320.0 349.0 323.6 353.6