Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

begin{tabular}{|c|c|c|c|} hline begin{tabular}{l} Property and Leases (Net Property and Equipment) (Details) - USO ($) $ in Millions end{tabular} & Jan. 29,2023 & Jan. 30,2022

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
\begin{tabular}{|c|c|c|c|} \hline \begin{tabular}{l} Property and Leases (Net Property and Equipment) (Details) - USO \\ (\$) $ in Millions \end{tabular} & Jan. 29,2023 & Jan. 30,2022 & Jan. 31, 2021 \\ \hline Property, Plant and Equipment [Line Items] & & & \\ \hline Property and equipment, at cost & $52,275 & $51,329 & $48,801 \\ \hline Less accumulated depreciation and finance lease amortization & 26,644 & 26,130 & 24,096 \\ \hline Net property and equipment & 25,631 & 25,199 & 24,705 \\ \hline Land & & & + \\ \hline \multicolumn{4}{|l|}{ Property, Plant and Equipment [Line items] } \\ \hline Property and equipment, at cost & 8,719 & 8,617 & 8,543 \\ \hline Buildings & & & \\ \hline \multicolumn{4}{|l|}{ Property, Plant and Equipment [Line Items] } \\ \hline Property and equipment, at cost & 19,430 & 19,173 & 18,838 \\ \hline Furniture, fixtures, and equipment & & & \\ \hline \multicolumn{4}{|l|}{ Property, Plant and Equipment [Line Items] } \\ \hline Property and equipment, at cost & 16,564 & 16,441 & 15,119 \\ \hline \multicolumn{4}{|l|}{ Leasehold improvements } \\ \hline \multicolumn{4}{|l|}{ Property, Plant and Equipment [Line Items] } \\ \hline Finance lease, right-of-use assets & 2,130 & 2,016 & 1,925 \\ \hline \multicolumn{4}{|l|}{ Construction in progress } \\ \hline \multicolumn{4}{|l|}{ Property, Plant and Equipment [Une items] } \\ \hline Property and equipment, at cost & 1,297 & 1,139 & 1,068 \\ \hline \multicolumn{4}{|l|}{ Finance leases } \\ \hline \multicolumn{4}{|l|}{ Property, Plant and Equipment [Line Items] } \\ \hline Finance lease, right-of-use assets & $4,135 & $3,943 & $3,308 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|} \hline \multirow{3}{*}{\begin{tabular}{l} Consolidated Statements of Earnings - USD (\$) \\ shares in Millions, \$ in Millions \\ Income Statement [Abstract] \end{tabular}} & \multicolumn{3}{|c|}{12 Months Ended } & \\ \hline & Jan. 29,2023 & Jan. 30,2022 & Jan. 31, 2021 & \\ \hline & & & & \\ \hline Net sales & $157,403 & $151,157 & $132,110 & \\ \hline Cost of sales & 104,625 & 100,325 & 87,257 & \\ \hline Gross profit & 52,778 & 50,832 & 44,853 & \\ \hline Operating expenses: & & & & \\ \hline Selling, general and administrative & 26,284 & 25,406 & 24,447 & \\ \hline Depreciation and amortization & 2,455 & 2,386 & 2,128 & \\ \hline Total operating expenses & 28,739 & 27,792 & 26,575 & \\ \hline Operating income & 24,039 & 23,040 & 18,278 & \\ \hline Interest and other (income) expense: & & & & \\ \hline nterest and investment income & (55) & (44) & (47) & \\ \hline nterest expense & 1,617 & 1,347 & 1,347 & \\ \hline nterest and other, net & 1,562 & 1,303 & 1,300 & \\ \hline Earnings before provision for income taxes & 22,477 & 21,737 & 16,978 & \\ \hline & 5,372 & 5,304 & 4,112 & \\ \hline Net earnings & $17,105 & $16,433 & $12,866 & \\ \hline asic weighted average common shares & 1,022 & 1,054 & 1,074 & \\ \hline asic earnings per share & $16.74 & $15.59 & $11.98 & \\ \hline iluted weighted average common shares & 1,025 & 1,058 & 1,078 & \\ \hline liuted earnings per share & $16.69 & $15.53 & $11.94 & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|} \hline \begin{tabular}{l} Property and Leases (Net Property and Equipment) (Details) - USO \\ (\$) $ in Millions \end{tabular} & Jan. 29,2023 & Jan. 30,2022 & Jan. 31, 2021 \\ \hline Property, Plant and Equipment [Line Items] & & & \\ \hline Property and equipment, at cost & $52,275 & $51,329 & $48,801 \\ \hline Less accumulated depreciation and finance lease amortization & 26,644 & 26,130 & 24,096 \\ \hline Net property and equipment & 25,631 & 25,199 & 24,705 \\ \hline Land & & & + \\ \hline \multicolumn{4}{|l|}{ Property, Plant and Equipment [Line items] } \\ \hline Property and equipment, at cost & 8,719 & 8,617 & 8,543 \\ \hline Buildings & & & \\ \hline \multicolumn{4}{|l|}{ Property, Plant and Equipment [Line Items] } \\ \hline Property and equipment, at cost & 19,430 & 19,173 & 18,838 \\ \hline Furniture, fixtures, and equipment & & & \\ \hline \multicolumn{4}{|l|}{ Property, Plant and Equipment [Line Items] } \\ \hline Property and equipment, at cost & 16,564 & 16,441 & 15,119 \\ \hline \multicolumn{4}{|l|}{ Leasehold improvements } \\ \hline \multicolumn{4}{|l|}{ Property, Plant and Equipment [Line Items] } \\ \hline Finance lease, right-of-use assets & 2,130 & 2,016 & 1,925 \\ \hline \multicolumn{4}{|l|}{ Construction in progress } \\ \hline \multicolumn{4}{|l|}{ Property, Plant and Equipment [Une items] } \\ \hline Property and equipment, at cost & 1,297 & 1,139 & 1,068 \\ \hline \multicolumn{4}{|l|}{ Finance leases } \\ \hline \multicolumn{4}{|l|}{ Property, Plant and Equipment [Line Items] } \\ \hline Finance lease, right-of-use assets & $4,135 & $3,943 & $3,308 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|} \hline \multirow{3}{*}{\begin{tabular}{l} Consolidated Statements of Earnings - USD (\$) \\ shares in Millions, \$ in Millions \\ Income Statement [Abstract] \end{tabular}} & \multicolumn{3}{|c|}{12 Months Ended } & \\ \hline & Jan. 29,2023 & Jan. 30,2022 & Jan. 31, 2021 & \\ \hline & & & & \\ \hline Net sales & $157,403 & $151,157 & $132,110 & \\ \hline Cost of sales & 104,625 & 100,325 & 87,257 & \\ \hline Gross profit & 52,778 & 50,832 & 44,853 & \\ \hline Operating expenses: & & & & \\ \hline Selling, general and administrative & 26,284 & 25,406 & 24,447 & \\ \hline Depreciation and amortization & 2,455 & 2,386 & 2,128 & \\ \hline Total operating expenses & 28,739 & 27,792 & 26,575 & \\ \hline Operating income & 24,039 & 23,040 & 18,278 & \\ \hline Interest and other (income) expense: & & & & \\ \hline nterest and investment income & (55) & (44) & (47) & \\ \hline nterest expense & 1,617 & 1,347 & 1,347 & \\ \hline nterest and other, net & 1,562 & 1,303 & 1,300 & \\ \hline Earnings before provision for income taxes & 22,477 & 21,737 & 16,978 & \\ \hline & 5,372 & 5,304 & 4,112 & \\ \hline Net earnings & $17,105 & $16,433 & $12,866 & \\ \hline asic weighted average common shares & 1,022 & 1,054 & 1,074 & \\ \hline asic earnings per share & $16.74 & $15.59 & $11.98 & \\ \hline iluted weighted average common shares & 1,025 & 1,058 & 1,078 & \\ \hline liuted earnings per share & $16.69 & $15.53 & $11.94 & \\ \hline \end{tabular}

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting

Authors: Bev Vickerstaff, Parminder Johal

1st Edition

1444170414, 978-1444170412

More Books

Students also viewed these Accounting questions

Question

3. Use the childs name.

Answered: 1 week ago

Question

Describe the team dynamics at Facebook.

Answered: 1 week ago