Segments and Geographic Information

12 Months Ended

Jan. 28, 2017

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 reportable 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 districts and 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 aggregate our Canada and Mexico businesses into one International operating segment. Our Domestic and International 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 2017, 2016 and 2015 ($ in millions):

	2017			2016			2015
Revenue
Domestic	$	36,248		$	36,365		$	36,055
International	3,155			3,163			4,284
Total revenue	$	39,403		$	39,528		$	40,339
Percentage of revenue, by revenue category
Domestic
Consumer Electronics	34		%	32		%	31		%
Computing and Mobile Phones	45		%	46		%	47		%
Entertainment	7		%	8		%	9		%
Appliances	9		%	8		%	7		%
Services	5		%	5		%	5		%
Other	—		%	1		%	1		%
Total	100		%	100		%	100		%
International
Consumer Electronics	31		%	31		%	30		%
Computing and Mobile Phones	48		%	48		%	49		%
Entertainment	7		%	9		%	9		%
Appliances	6		%	5		%	5		%
Services	7		%	6		%	6		%
Other	1		%	1		%	1		%
Total	100		%	100		%	100		%
Operating income (loss)
Domestic(1)	$	1,764		$	1,585		$	1,437
International	90			(210		)	13
Total operating income	1,854			1,375			1,450
Other income (expense)
Gain on sale of investments	3			2			13
Investment income and other	31			13			14
Interest expense	(72		)	(80		)	(90		)
Earnings from continuing operations before income tax expense	$	1,816		$	1,310		$	1,387
Assets(2)
Domestic	$	12,496		$	12,318		$	12,987
International	1,360			1,201			2,258
Total assets	$	13,856		$	13,519		$	15,245
Capital expenditures(2)
Domestic	$	526		$	602		$	519
International	56			47			42
Total capital expenditures	$	582		$	649		$	561
Depreciation(2)
Domestic	$	613		$	613		$	575
International	41			44			81
Total depreciation	$	654		$	657		$	656

(1) The Domestic segment operating income includes certain operations, which are based in foreign tax jurisdictions and primarily relate to sourcing products into the U.S.    

(2) For fiscal 2015, the International segment amounts for assets, capital expenditures and depreciation include amounts from Five Star.

Geographic Information

The following table presents our geographic information in fiscal 2017, 2016 and 2015 ($ in millions):

	2017		2016		2015
Net sales to customers
United States	$	36,248	$	36,365	$	36,055
Canada	2,899		2,917		4,047
Other	256		246		237
Total revenue	$	39,403	$	39,528	$	40,339
Long-lived assets
United States	$	2,120	$	2,189	$	2,100
Canada	156		140		174
Other	17		17		21
Total long-lived assets	$	2,293	$	2,346	$	2,295