Analysis and Interpretation of Profitability Balance sheets and income statements for Target Corporation follow ncome Statement For Fiscal Years Ended millions) 2006 2005 2004 Sales 51,271 45,682 40,928 1,349 1,157 097 credit card revenues Total revenues 52,620 46,839 42,025 Cost of sales 34,927 31,445 28,389 Selling, general and administrative expenses 11,185 9,797 8,657 Credit card expenses 776 737 722 1,409 1,259 098 Depreciation and amortization Earnings before interest and income taxes 4,323 3,60 3,159 463 570 556 Net interest expense Earnings before income taxes 3,860 3,03 2,603 1,452 1,146 984 Provisions for income taxes Net earnings 2,408 1,885 1,619