Analysis and Interpretation of Profitability Balance sheets and income statements for Target Corporation follow. Income Statement For Fiscal Years Ended ($ millions) 2008 2007 2006 Sales $ 61,471 $ 57,878 $51,271 Credit card revenues 1,896 1,612 1,349 Total revenues 63,367 59,490 52,620 Cost of sales 41,895 39,399 34.927 Selling, general and administrative expenses 13,704 12.819 11,185 Credit card expenses 837 707 776 Depreciation and amortization 1,659 1,496 1,409 Earnings before interest and income taxes 5,272 5.069 4,323 Net interest expense 647 572 463 Earnings before income taxes 4.625 4.497 3.860 Provisions for income taxes 1,776 1,710 1,452 Net earnings $2.849 $2.787 $2.408 Balance Sheet (5 millions, except footnotes) February 2, 2008 February 3, 2007 Assets Cash and cash equivalents $2,450 $813 Credit card receivables 8,054 6,194 Inventory Other current assets 6,780 6.254 1,622 1.445