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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Oct. 28, 2017
Oct. 29, 2016
Oct. 28, 2017
Oct. 29, 2016
Revenue $ 9,320 $ 8,945 $ 26,788 $ 25,921
Cost of goods sold 7,040 6,742 20,333 19,511
Gross profit 2,280 2,203 6,455 6,410
Selling, general and administrative expenses 1,932 1,890 5,484 5,407
Restructuring charges (2) 1 0 30
Operating income 350 312 971 973
Other income (expense)        
Gain on sale of investments 0 0 0 2
Investment income and other 12 8 30 22
Interest expense (20) (16) (57) (54)
Earnings from continuing operations before income tax expense 342 304 944 943
Income tax expense 104 112 309 343
Net earnings from continuing operations 238 192 635 600
Gain from discontinued operations (Note 2), net of tax expense of $0, $0, $0 and $7, respectively 1 2 1 21
Net earnings $ 239 $ 194 $ 636 $ 621
Basic earnings        
Continuing operations (in dollars per share) $ 0.80 $ 0.61 $ 2.09 $ 1.87
Discontinued operations (in dollars per share) 0.00 0.00 0.00 0.07
Basic earnings per share (in dollars per share) 0.80 0.61 2.09 1.94
Diluted earnings        
Continuing operations (in dollars per share) 0.78 0.60 2.05 1.85
Discontinued operations (in dollars per share) 0.00 0.01 0.00 0.07
Diluted earnings per share (in dollars per share) 0.78 0.61 2.05 1.92
Dividends declared per common share (in dollars per share) $ 0.34 $ 0.28 $ 1.02 $ 1.29
Weighted-average common shares outstanding (in millions)        
Basic (in shares) 299.1 316.2 304.1 320.2
Diluted (in shares) 305.4 320.0 310.6 323.6