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Consolidated Balance Sheets - USD ($) Sep. 02, 2018 Sep. 03, 2017 Common Size Balance Sheet Amount Percent Amount Percent CURRENT ASSETS Cash and cash

Consolidated Balance Sheets - USD ($)

Sep. 02, 2018

Sep. 03, 2017

Common Size Balance Sheet

Amount

Percent

Amount

Percent

CURRENT ASSETS

Cash and cash equivalents

$6,055,000,000

14.83%

$4,546,000,000

12.51%

Short-term investments

1,204,000,000

2.95%

1,233,000,000

3.39%

Receivables, net

1,669,000,000

4.09%

1,432,000,000

3.94%

Merchandise inventories

11,040,000,000

27.04%

9,834,000,000

27.06%

Other current assets

321,000,000

0.79%

272,000,000

0.75%

Total current assets

20,289,000,000

49.69%

17,317,000,000

47.64%

PROPERTY AND EQUIPMENT

Land

6,193,000,000

15.17%

5,690,000,000

15.65%

Buildings and improvements

16,107,000,000

39.45%

15,127,000,000

41.62%

Equipment and fixtures

7,274,000,000

17.82%

6,681,000,000

18.38%

Construction in progress

1,140,000,000

2.79%

843,000,000

2.32%

Gross property and equipment

30,714,000,000

75.22%

28,341,000,000

77.97%

Less accumulated depreciation and amortization

-11,033,000,000

-27.02%

-10,180,000,000

-28.01%

Net property and equipment

19,681,000,000

48.20%

18,161,000,000

49.97%

OTHER ASSETS

860,000,000

2.11%

869,000,000

2.39%

TOTAL ASSETS

40,830,000,000

100.00%

36,347,000,000

100.00%

CURRENT LIABILITIES

Accounts payable

11,237,000,000

27.52%

9,608,000,000

26.43%

Accrued salaries and benefits

2,994,000,000

7.33%

2,703,000,000

7.44%

Accrued member rewards

1,057,000,000

2.59%

961,000,000

2.64%

Deferred membership fees

1,624,000,000

3.98%

1,498,000,000

4.12%

Other current liabilities

3,014,000,000

7.38%

2,725,000,000

7.50%

Total current liabilities

19,926,000,000

48.80%

17,495,000,000

48.13%

LONG-TERM DEBT, excluding current portion

6,487,000,000

15.89%

6,573,000,000

18.08%

OTHER LIABILITIES

1,314,000,000

3.22%

1,200,000,000

3.30%

Total liabilities

27,727,000,000

67.91%

25,268,000,000

69.52%

COMMITMENTS AND CONTINGENCIES

EQUITY

Preferred stock $.01 par value; 100,000,000 shares authorized; no shares issued and outstanding

0

0.00%

0

0.00%

Common stock $0.01 par value; 900,000,000 shares authorized; 438,189,000 and 437,204,000 shares issued and outstanding

4,000,000

0.01%

4,000,000

0.01%

Additional paid-in capital

6,107,000,000

14.96%

5,800,000,000

15.96%

Accumulated other comprehensive loss

-1,199,000,000

-2.94%

-1,014,000,000

-2.79%

Retained earnings

7,887,000,000

19.32%

5,988,000,000

16.47%

Total Costco stockholders' equity

12,799,000,000

31.35%

10,778,000,000

29.65%

Noncontrolling interests

304,000,000

0.74%

301,000,000

0.83%

Total equity

13,103,000,000

32.09%

11,079,000,000

30.48%

TOTAL LIABILITIES AND EQUITY

$40,830,000,000

100.00%

$36,347,000,000

100.00%

Consolidated Statements Of Income - USD ($)

12 Months Ended

shares in Thousands, $ in Millions

Sep. 02, 2018

Sep. 03, 2017

Aug. 28, 2016

Common Size Income Statement

Amount

Percent

Amount

Percent

Amount

Percent

REVENUE

Total revenue

$141,576

100.00%

$129,025

100.00%

$118,719

100.00%

OPERATING EXPENSES

Merchandise costs

123,152

86.99%

111,882

86.71%

102,901

86.68%

Selling, general and administrative

13,876

9.80%

12,950

10.04%

12,068

10.17%

Preopening expenses

68

0.05%

82

0.06%

78

0.07%

Operating Income

4,480

3.16%

4,111

3.19%

3,672

3.09%

OTHER INCOME (EXPENSE)

Interest expense

-159

-0.11%

-134

-0.10%

-133

-0.11%

Interest income and other, net

121

0.09%

62

0.05%

80

0.07%

INCOME BEFORE INCOME TAXES

4,442

3.14%

4,039

3.13%

3,619

3.05%

Provision for income taxes

1,263

0.89%

1,325

1.03%

1,243

1.05%

Net income including noncontrolling interests

3,179

2.25%

2,714

2.10%

2,376

2.00%

Net income attributable to noncontrolling interests

-45

-0.03%

-35

-0.03%

-26

-0.02%

NET INCOME ATTRIBUTABLE TO COSTCO

$3,134

2.21%

$2,679

2.08%

$2,350

1.98%

NET INCOME PER COMMON SHARE ATTRIBUTABLE TO COSTCO:

Basic (in dollars per share)

$7.15

0.01%

$6.11

0.00%

$5.36

0.00%

Diluted (in dollars per share)

$7.09

0.01%

$6.08

0.00%

$5.33

0.00%

Weighted Average Number of Shares Outstanding, Diluted [Abstract]

Basic (shares)

438,515

309.74%

438,437

339.81%

438,585

369.43%

Diluted (shares)

441,834

312.08%

440,937

341.75%

441,263

371.69%

CASH DIVIDEND DECLARED PER COMMON SHARE

$2.14

0.00%

$8.90

0.01%

$1.70

0.00%

Net sales

REVENUE

Total revenue

$138,434

97.78%

$126,172

97.79%

$116,073

97.77%

Membership fees

REVENUE

Total revenue

$3,142

2.22%

$2,853

2.21%

$2,646

2.23%

Profitability, Liquidity and Solvency Ratio Analysis: Calculate the key ratios in each category and evaluate all of them.

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