Income Statement For Fiscal Years Ended ($ millions) 2008 2007 2006 Sales Credit card revenues $61,471...
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Income Statement For Fiscal Years Ended ($ millions) 2008 2007 2006 Sales Credit card revenues $61,471 $57,878 $51,271 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 $2,408 Balance Sheet ($ millions, except footnotes) February 2, 2008 February 3, 2007 Assets Cash and cash equivalents Credit card receivables Inventory Other current assets Total current assets Property and equipment Land $2,450 $ 813 8,054 6,194 6,780 6,254 1,622 1,445 18,906 14,706 5,522 4,934 Buildings and improvements 18,329 16,110 Fixtures and equipment 3,858 3,553 Computer hardware and software 2,421 2,188 Construction-in-progress 1,852 1,596 Accumulated depreciation (7,887) (6,950) Property and equipment, net 24,095 21,431 Income Statement For Fiscal Years Ended ($ millions) 2008 2007 2006 Sales Credit card revenues $61,471 $57,878 $51,271 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 $2,408 Balance Sheet ($ millions, except footnotes) February 2, 2008 February 3, 2007 Assets Cash and cash equivalents Credit card receivables Inventory Other current assets Total current assets Property and equipment Land $2,450 $ 813 8,054 6,194 6,780 6,254 1,622 1,445 18,906 14,706 5,522 4,934 Buildings and improvements 18,329 16,110 Fixtures and equipment 3,858 3,553 Computer hardware and software 2,421 2,188 Construction-in-progress 1,852 1,596 Accumulated depreciation (7,887) (6,950) Property and equipment, net 24,095 21,431
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