XML 484 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 4 Months Ended 9 Months Ended 12 Months Ended
Jul. 03, 2016
Apr. 10, 2016
Sep. 27, 2015
Jul. 05, 2015
Apr. 12, 2015
Sep. 28, 2014
Jul. 06, 2014
Apr. 13, 2014
Jan. 17, 2016
Jan. 18, 2015
Jan. 19, 2014
Jul. 03, 2016
Jul. 05, 2015
Sep. 27, 2015
Sep. 28, 2014
Sep. 29, 2013
Income Statement [Abstract]                                
Sales $ 3,703   $ 3,438 [1] $ 3,632 [1] $ 3,647 [1] $ 3,256 [1] $ 3,377 [1] $ 3,322 [1]   $ 4,671 [1] $ 4,239 [1] $ 12,227 $ 11,951 $ 15,389 $ 14,194 $ 12,917
Cost of goods sold and occupancy costs 2,417   2,252 [1] 2,339 [1] 2,337 [1] 2,102 [1] 2,163 [1] 2,131 [1]   3,045 [1] 2,754 [1] 8,010 7,721 9,973 9,150 8,288
Gross profit 1,286   1,186 [1] 1,293 [1] 1,310 [1] 1,154 [1] 1,214 [1] 1,191 [1]   1,626 [1] 1,485 [1] 4,217 4,230 5,416 5,044 4,629
Selling, general and administrative expenses 1,057   1,080 [1] 1,032 [1] 1,029 [1] 925 [1] 951 [1] 947 [1]   1,330 [1] 1,209 [1] 3,458 3,392 4,472 4,032 3,682
Pre-opening expenses 18   14 [1] 12 [1] 20 [1] 22 [1] 18 [1] 11 [1]   21 [1] 16 [1] 49 53 67 67 52
Relocation, store closure and lease termination costs 2   4 [1] 2 [1] 6 [1] 2 [1] 2 [1] 2 [1]   4 [1] 5 [1] 8 12 16 11 12
Operating income 209   88 [1] 247 [1] 255 [1] 205 [1] 243 [1] 231 [1]   271 [1] 255 [1] 702 773 861 934 883
Investment and other income, net of interest expense (1)   4 [1] 5 [1] 4 [1] 2 [1] 4 [1] 2 [1]   3 [1] 4 [1] 8 12 17 12 11
Income before income taxes 196   92 [1] 252 [1] 259 [1] 207 [1] 247 [1] 233 [1]   274 [1] 259 [1] 680 785 878 946 894
Provision for income taxes 76   36 [1] 98 [1] 101 [1] 79 [1] 96 [1] 91 [1]   107 [1] 101 [1] 261 306 342 367 343
Net income $ 120   $ 56 [1] $ 154 [1] $ 158 [1] $ 128 [1] $ 151 [1] $ 142 [1]   $ 167 [1] $ 158 [1] $ 419 $ 479 $ 536 $ 579 $ 551
Basic earnings per share (in dollars per share) $ 0.37   $ 0.16 [1] $ 0.43 [1] $ 0.44 [1] $ 0.35 [1] $ 0.41 [1] $ 0.38 [1]   $ 0.46 [1] $ 0.42 [1] $ 1.27 $ 1.33 $ 1.49 $ 1.57 $ 1.48
Weighted average shares outstanding (in shares) 320.6     358.5               328.4 359.6 358.5 367.8 371.2
Diluted earnings per share (in dollars per share) $ 0.37   0.16 [1] $ 0.43 [1] 0.44 [1] 0.35 [1] 0.41 [1] 0.38 [1]   0.46 [1] 0.42 [1] $ 1.27 $ 1.32 $ 1.48 $ 1.56 $ 1.47
Weighted average shares outstanding, diluted basis (in shares) 321.2     360.5               329.3 362.2 360.8 370.5 374.5
Dividends declared per common share (in dollars per share) $ 0.135 $ 0.135 $ 0.13 $ 0.13 $ 0.13 $ 0.12 $ 0.12 $ 0.12 $ 0.135 $ 0.13 $ 0.12 $ 0.405 $ 0.39 $ 0.52 $ 0.48 $ 1.40
[1] Sum of quarterly amounts, including per share amounts, may not equal fiscal year totals due to the effect of rounding and the independent quarterly computation of per share amounts.