XML 29 R15.htm IDEA: XBRL DOCUMENT v3.10.0.1
Summary of Significant Accounting Policies (Tables)
 6 Months Ended
Jul. 29, 2018
Accounting Policies [Abstract]  
Schedule of New Accounting Pronouncements and Changes in Accounting Principles
The effect of the adoption of ASU No. 2014-09 on our consolidated balance sheet as of July 29, 2018, follows.
in millions
As
Reported
 
ASU No.
2014-09
Effect(1)
 
Excluding
ASU No.
2014-09
Effect
Receivables, net
$
2,164

 
$
(46
)
 
$
2,210

Other current assets
1,104

 
272

 
832

Other accrued expenses
2,542

 
226

 
2,316

—————
(1) Does not include the cumulative effect of initially applying ASU No. 2014-09 to our consolidated balance sheet as adjusted as of January 29, 2018.
The effect of the adoption of ASU No. 2014-09 on our consolidated statements of earnings follows.
in millions
As
Reported
 
ASU No. 2014-09
Effect
 
Excluding
ASU No. 2014-09
Effect
Three Months Ended July 29, 2018:
 
 
 
 
 
Net sales
$
30,463

 
$
33

 
$
30,430

Cost of sales
20,098

 
(119
)
 
20,217

Gross profit
10,365

 
152

 
10,213

Selling, general and administrative
5,004

 
152

 
4,852

 
 
 
 
 
 
Six Months Ended July 29, 2018:
 
 
 
 
 
Net sales
$
55,410

 
$
66

 
$
55,344

Cost of sales
36,428

 
(217
)
 
36,645

Gross profit
18,982

 
283

 
18,699

Selling, general and administrative
9,783

 
283

 
9,500