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Condensed Consolidated Statements Of Income - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Feb. 18, 2018
Feb. 12, 2017
Feb. 18, 2018
Feb. 12, 2017
REVENUE        
Net sales $ 32,279 $ 29,130 $ 63,396 $ 56,599
Membership fees 716 636 1,408 1,266
Total revenue 32,995 29,766 64,804 57,865
OPERATING EXPENSES        
Merchandise costs 28,733 25,927 56,350 50,215
Selling, general and administrative 3,234 2,980 6,458 5,920
Preopening expenses 12 15 29 37
Operating income 1,016 844 1,967 1,693
OTHER INCOME (EXPENSE)        
Interest expense (37) (31) (74) (60)
Interest income and other, net 7 (4) 29 22
INCOME BEFORE INCOME TAXES 986 809 1,922 1,655
Provision for income taxes 273 288 558 579
Net income including noncontrolling interests 713 521 1,364 1,076
Net income attributable to noncontrolling interests (12) (6) (23) (16)
NET INCOME ATTRIBUTABLE TO COSTCO $ 701 $ 515 $ 1,341 $ 1,060
NET INCOME PER COMMON SHARE ATTRIBUTABLE TO COSTCO:        
Basic (in dollars per share) $ 1.60 $ 1.17 $ 3.06 $ 2.42
Diluted (in dollars per share) $ 1.59 $ 1.17 $ 3.04 $ 2.41
Shares used in calculation (000's)        
Basic (shares) 439,022 439,127 438,494 438,567
Diluted (shares) 441,568 440,657 441,201 440,568
CASH DIVIDENDS DECLARED PER COMMON SHARE $ 0.50 $ 0.45 $ 1.00 $ 0.90