Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Income

v2.4.1.9
Consolidated Statements of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Jan. 31, 2015
Feb. 01, 2014
Feb. 02, 2013
Income Statement [Abstract]      
Net sales $ 28,105us-gaap_SalesRevenueNet $ 27,931us-gaap_SalesRevenueNet $ 27,686us-gaap_SalesRevenueNet
Cost of sales (16,863)us-gaap_CostOfGoodsAndServicesSold (16,725)us-gaap_CostOfGoodsAndServicesSold (16,538)us-gaap_CostOfGoodsAndServicesSold
Gross margin 11,242us-gaap_GrossProfit 11,206us-gaap_GrossProfit 11,148us-gaap_GrossProfit
Selling, general and administrative expenses (8,355)us-gaap_SellingGeneralAndAdministrativeExpense (8,440)us-gaap_SellingGeneralAndAdministrativeExpense (8,482)us-gaap_SellingGeneralAndAdministrativeExpense
Impairments, store closing and other costs (87)m_Impairmentsstoreclosingandothercosts (88)m_Impairmentsstoreclosingandothercosts (5)m_Impairmentsstoreclosingandothercosts
Operating income (loss) 2,800us-gaap_OperatingIncomeLoss 2,678us-gaap_OperatingIncomeLoss 2,661us-gaap_OperatingIncomeLoss
Interest expense (395)us-gaap_InterestExpense (390)us-gaap_InterestExpense (425)us-gaap_InterestExpense
Premium on early retirement of debt (17)us-gaap_GainsLossesOnExtinguishmentOfDebt 0us-gaap_GainsLossesOnExtinguishmentOfDebt (137)us-gaap_GainsLossesOnExtinguishmentOfDebt
Interest income 2us-gaap_InvestmentIncomeInterest 2us-gaap_InvestmentIncomeInterest 3us-gaap_InvestmentIncomeInterest
Income (loss) before income taxes 2,390us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 2,290us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 2,102us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Federal, state and local income tax expense (864)us-gaap_IncomeTaxExpenseBenefit (804)us-gaap_IncomeTaxExpenseBenefit (767)us-gaap_IncomeTaxExpenseBenefit
Net income $ 1,526us-gaap_NetIncomeLoss $ 1,486us-gaap_NetIncomeLoss $ 1,335us-gaap_NetIncomeLoss
Basic earnings per share $ 4.30us-gaap_EarningsPerShareBasic $ 3.93us-gaap_EarningsPerShareBasic $ 3.29us-gaap_EarningsPerShareBasic
Diluted earnings per share $ 4.22us-gaap_EarningsPerShareDiluted $ 3.86us-gaap_EarningsPerShareDiluted $ 3.24us-gaap_EarningsPerShareDiluted