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Condensed Consolidated Statements Of Income - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 8 Months Ended
May 10, 2020
May 12, 2019
May 10, 2020
May 12, 2019
REVENUE        
Total Revenue $ 37,266 $ 34,740 $ 113,378 $ 105,205
OPERATING EXPENSES        
Merchandise costs 32,249 30,233 98,538 91,576
Selling, general and administrative 3,830 3,371 11,305 10,310
Preopening expenses 8 14 29 45
Operating income 1,179 1,122 3,506 3,274
OTHER INCOME (EXPENSE)        
Interest expense (37) (35) (109) (105)
Interest income and other, net 21 36 101 104
INCOME BEFORE INCOME TAXES 1,163 1,123 3,498 3,273
Provision for income taxes 311 207 843 679
Net income including noncontrolling interests 852 916 2,655 2,594
Net income attributable to noncontrolling interests (14) (10) (42) (32)
NET INCOME ATTRIBUTABLE TO COSTCO $ 838 $ 906 $ 2,613 $ 2,562
NET INCOME PER COMMON SHARE ATTRIBUTABLE TO COSTCO:        
Basic (in dollars per share) $ 1.90 $ 2.06 $ 5.91 $ 5.83
Diluted (in dollars per share) $ 1.89 $ 2.05 $ 5.89 $ 5.79
Shares used in calculation (000's)        
Basic (shares) 442,322 439,859 442,054 439,767
Diluted (shares) 443,855 442,642 443,754 442,565
Net sales        
REVENUE        
Total Revenue $ 36,451 $ 33,964 $ 110,943 $ 102,903