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Segment and Geographic Information
12 Months Ended
Jan. 31, 2026
Segment Reporting [Abstract]  
Segment and Geographic Information Segment and Geographic Information
Revenue information by segment and category was as follows ($ in millions):
202620252024
Domestic:
Computing and Mobile Phones$18,038 $17,103 $16,930 
Consumer Electronics10,527 11,148 12,014 
Appliances4,166 4,589 5,469 
Entertainment2,811 2,641 3,063 
Services2,466 2,456 2,357 
Other270 301 264 
Total Domestic revenue38,278 38,238 40,097 
International:
Computing and Mobile Phones1,676 1,578 1,552 
Consumer Electronics933 917 955 
Appliances303 321 335 
Entertainment281 267 300 
Services190 175 173 
Other30 32 40 
Total International revenue3,413 3,290 3,355 
Total revenue$41,691 $41,528 $43,452 
Adjusted operating income by segment and the reconciliation to consolidated earnings before income tax expense and equity in income of affiliates were as follows ($ in millions):
2026
Domestic (1)
InternationalTotal
Revenue$38,278 $3,413 $41,691 
Cost of sales29,642 2,676 32,318 
Adjusted SG&A (2)
6,966 622 7,588 
Adjusted operating income$1,670 $115 1,785 
Restructuring charges190 
Goodwill and intangible asset impairments171 
Intangible asset amortization14 
Long-lived asset impairment21 
Operating income1,389 
Other income (expense):
Loss on disposal of subsidiaries(6)
Investment income and other68 
Interest expense(47)
Earnings before income tax expense and equity in income of affiliates$1,404 
(1)Domestic segment Adjusted operating income includes certain operations that are based in foreign tax jurisdictions and primarily relate to sourcing products into the U.S.
(2)Adjusted SG&A excludes amortization of definite-lived intangible assets associated with acquisitions and non-cash impairments of certain long-lived assets.

2025
Domestic (1)
InternationalTotal
Revenue$38,238 $3,290 $41,528 
Cost of sales29,591 2,552 32,143 
Adjusted SG&A (2)
7,000 630 7,630 
Adjusted operating income$1,647 $108 1,755 
Restructuring charges(3)
Goodwill impairment475 
Intangible asset amortization21 
Operating income1,262 
Other income (expense):
Investment income and other84 
Interest expense(51)
Earnings before income tax expense and equity in income of affiliates$1,295 
(1)Domestic segment Adjusted operating income includes certain operations that are based in foreign tax jurisdictions and primarily relate to sourcing products into the U.S.
(2)Adjusted SG&A excludes amortization of definite-lived intangible assets associated with acquisitions.
2024
Domestic (1)
InternationalTotal
Revenue$40,097 $3,355 $43,452 
Cost of sales31,247 2,602 33,849 
Adjusted SG&A (2)
7,175 640 7,815 
Adjusted operating income$1,675 $113 1,788 
Restructuring charges153 
Intangible asset amortization61 
Operating income1,574 
Other income (expense):
Gain on sale of subsidiary, net21 
Investment income and other78 
Interest expense(52)
Earnings before income tax expense and equity in income of affiliates$1,621 
(1)Domestic segment Adjusted operating income includes certain operations that are based in foreign tax jurisdictions and primarily relate to sourcing products into the U.S.
(2)Adjusted SG&A excludes amortization of definite-lived intangible assets associated with acquisitions.

Cash flow and other expense information by segment was as follows ($ in millions):
202620252024
Capital expenditures
Domestic$623 $640 $760 
International81 66 35 
Total capital expenditures$704 $706 $795 
Depreciation and amortization
Domestic$788 $825 $880 
International43 41 43 
Total depreciation and amortization$831 $866 $923 

Asset information by segment was as follows ($ in millions):
20262025
Domestic$13,407 $13,567 
International1,263 1,215 
Total assets$14,670 $14,782 

Geographic information was as follows ($ in millions):
202620252024
Revenue from external customers
U.S.$38,278 $38,238 $40,097 
Canada3,413 3,290 3,355 
Total revenue from external customers$41,691 $41,528 $43,452 
20262025
Property and equipment, net
U.S.$1,822 $2,002 
Canada164 120 
Total property and equipment, net$1,986 $2,122