Target Wal-Mart Consolidated Statements of Operations - USD$ in Millions Feb. 01, 2020 Jan. 31, 2020 Total revenue $ 78,112 $ 523,964 Cost of sales 54,864 394,605 Selling, general and administrative 16,233 expenses 108,791 Depreciation and amortization (exclusive of depreciation included in 2,357 cost of sales) Operating income 4,658 20,568 Net interest expense 477 2,410 Net other (income)/ expense (9) (1,958) Earnings from continuing operations before 4,190 income taxes 20,116 Provision for income taxes 921 4,915 Net earnings from continuing 3,269 operations 15,201 Discontinued operations, net of tax 12 0 Net earnings $ 3,281 $ 15,201 Basic net income per share $6.42 $ 5.22 Consolidated Statements of Financial Position - USD ($) $ in Feb. 01, 2020 Jan. 31, Millions 2020 Assets Cash and cash equivalents Inventory Other current assets Total current assets $ 2,577 9,465 8,992 44,435 1,333 7,906 12,902 61,806 Property and equipment, net 26,283 105,208