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SEGMENT REPORTING AND NET SALES (Tables) | 3 Months Ended
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May 04, 2025
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | The following table presents net sales, significant expenses, and operating income for our Primary segment:
| Three Months Ended
in millions | May 4, 2025 |  | April 28, 2024
Net sales | $ | 37,287 |  |  | $ | 36,418 |
Cost of sales | 24,384 |  |  | 23,985 |
Selling, general and administrative | 7,164 |  |  | 6,667 |
Depreciation and amortization | 693 |  |  | 687 |
Primary segment operating income | $ | 5,046 |  |  | $ | 5,079 |
The following table presents a reconciliation of certain Primary segment information to our consolidated totals:
|  |  | Three Months Ended
|  |  | May 4, 2025
in millions |  |  |  |  |  |  | Primary Segment |  | Other |  | Consolidated
Net sales |  |  |  |  |  |  | $ | 37,287 |  |  | $ | 2,569 |  |  | $ | 39,856 |
Operating income |  |  |  |  |  |  | 5,046 |  |  | 87 |  |  | 5,133 |
Interest income and other, net |  |  |  |  |  |  |  |  |  |  | (24) |
Interest expense |  |  |  |  |  |  |  |  |  |  | 615 |
Earnings before provision for income taxes |  |  |  |  |  |  |  |  |  |  | $ | 4,542 |
Depreciation and amortization (1) |  |  |  |  |  |  | $ | 831 |  |  | $ | 147 |  |  | $ | 978 |
————— (1)Includes depreciation and finance lease amortization in cost of sales. Also includes intangible asset amortization expense of $52 million in our Primary segment and $87 million in Other.
Schedule of Net Sales by Major Product Line | The following table presents our Primary segment major product lines and the related merchandising departments (and related services):
Major Product Line |  | Merchandising Departments
Building Materials |  | Building Materials, Electrical, Lumber, Millwork, and Plumbing
Décor |  | Appliances, Bath, Flooring, Kitchen & Blinds, Lighting, and Paint
Hardlines |  | Hardware, Indoor Garden, Outdoor Garden, Power, and Storage & Organization
Schedule of Net Sales by Products and Services | The following table presents net sales by major product line (and related services) within our Primary segment, as well as Other net sales:
|  |  | Three Months Ended
in millions |  |  |  |  | May 4, 2025 |  | April 28, 2024
Building Materials |  |  |  |  | $ | 12,931 |  |  | $ | 12,602 |
Décor |  |  |  |  | 12,479 |  |  | 12,535 |
Hardlines |  |  |  |  | 11,877 |  |  | 11,281 |
Primary segment net sales |  |  |  |  | 37,287 |  |  | 36,418 |
Other net sales (1) |  |  |  |  | 2,569 |  |  | — |
Net sales |  |  |  |  | $ | 39,856 |  |  | $ | 36,418 |
————— (1) See above for further discussion of Other net sales. Note: During the first quarter of fiscal 2025, we made changes that realigned certain product categories across our merchandising departments and major product lines within our Primary segment. As a result, prior-year amounts have been updated to conform with the current-year presentation. These changes had no impact on our consolidated net sales. The following table presents net sales by products and services:
|  |  | Three Months Ended
in millions |  |  |  |  | May 4, 2025 |  | April 28, 2024
Net sales – products |  |  |  |  | $ | 38,512 |  |  | $ | 35,078 |
Net sales – services |  |  |  |  | 1,344 |  |  | 1,340 |
Net sales |  |  |  |  | $ | 39,856 |  |  | $ | 36,418 |
Schedule of Net Sales, Classified by Geography | The following table presents net sales, classified by geography:
|  |  | Three Months Ended
in millions |  |  |  |  | May 4, 2025 |  | April 28, 2024
Net sales – in the U.S. |  |  |  |  | $ | 37,224 |  |  | $ | 33,569 |
Net sales – outside the U.S. |  |  |  |  | 2,632 |  |  | 2,849 |
Net sales |  |  |  |  | $ | 39,856 |  |  | $ | 36,418 |

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- Definition Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-40 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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