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Quarterly Results (Unaudited) (Tables)
 12 Months Ended
Jan. 30, 2016
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Results
The table below summarizes quarterly results for 2015 and 2014:

Quarterly Results
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
 
Total Year
(millions, except per share data)
2015

2014

 
2015

2014

 
2015

2014

 
2015

2014

 
2015

2014

Sales
$
17,119

$
16,657

 
$
17,427

$
16,957

 
$
17,613

$
17,254

 
$
21,626

$
21,751

 
$
73,785

$
72,618

Cost of sales
11,911

11,748

 
12,051

11,798

 
12,440

12,171

 
15,594

15,563

 
51,997

51,278

Gross margin
5,208

4,909

 
5,376

5,159

 
5,173

5,083

 
6,032

6,188

 
21,788

21,340

Selling, general, and administrative expenses
3,514

3,376

 
3,495

3,599

 
3,736

3,644

 
3,921

4,058

 
14,665

14,676

Depreciation and amortization
540

511

 
551

537

 
561

535

 
562

545

 
2,213

2,129

Gain on sale
—

—

 
—

—

 
—

—

 
(620
)
—

 
(620
)
—

Earnings before interest expense and income taxes
1,154

1,022

 
1,330

1,023

 
876

904

 
2,169

1,585

 
5,530

4,535

Net interest expense
155

152

 
148

433

 
151

146

 
152

151

 
607

882

Earnings from continuing operations before income taxes
999

870

 
1,182

590

 
725

758

 
2,017

1,434

 
4,923

3,653

Provision for income taxes
348

299

 
409

199

 
249

232

 
596

474

 
1,602

1,204

Net earnings from continuing operations
651

571

 
773

391

 
476

526

 
1,421

960

 
3,321

2,449

Discontinued operations, net of tax
(16
)
(153
)
 
(20
)
(157
)
 
73

(174
)
 
5

(3,600
)
 
42

(4,085
)
Net earnings/(loss)
$
635

$
418

 
$
753

$
234

 
$
549

$
352

 
$
1,426

$
(2,640
)
 
$
3,363

$
(1,636
)
Basic earnings/(loss) per share
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Continuing operations
$
1.02

$
0.90

 
$
1.21

$
0.62

 
$
0.76

$
0.83

 
$
2.33

$
1.51

 
$
5.29

$
3.86

Discontinued operations
(0.03
)
(0.24
)
 
(0.03
)
(0.25
)
 
0.12

(0.28
)
 
0.01

(5.64
)
 
0.07

(6.44
)
Net earnings/(loss) per share
$
0.99

$
0.66

 
$
1.18

$
0.37

 
$
0.88

$
0.55

 
$
2.33

$
(4.14
)
 
$
5.35

$
(2.58
)
Diluted earnings/(loss) per share
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Continuing operations
$
1.01

$
0.89

 
$
1.21

$
0.61

 
$
0.76

$
0.82

 
$
2.31

$
1.49

 
$
5.25

$
3.83

Discontinued operations
(0.03
)
(0.24
)
 
(0.03
)
(0.25
)
 
0.11

(0.27
)
 
0.01

(5.59
)
 
0.07

(6.38
)
Net earnings/(loss) per share
$
0.98

$
0.66

 
$
1.18

$
0.37

 
$
0.87

$
0.55

 
$
2.32

$
(4.10
)
 
$
5.31

$
(2.56
)
Dividends declared per share
$
0.52

$
0.43

 
$
0.56

$
0.52

 
$
0.56

$
0.52

 
$
0.56

$
0.52

 
$
2.20

$
1.99

Closing common stock price:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
High
83.57

62.54

 
85.01

61.38

 
80.87

63.93

 
78.23

77.13

 
85.01

77.13

Low
74.25

55.07

 
77.26

55.34

 
72.94

57.50

 
67.59

61.12

 
67.59

55.07

Note: Per share amounts are computed independently for each of the quarters presented. The sum of the quarters may not equal the total year amount due to the impact of changes in average quarterly shares outstanding and all other quarterly amounts may not equal the total year due to rounding.
Summary of Sales by Product Category
U.S. Sales by Product Category (a)
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
 
Total Year
 
2015

2014

 
2015

2014

 
2015

2014

 
2015

2014

 
2015

2014

Household essentials
28
%
27
%
 
28
%
28
%
 
28
%
27
%
 
21
%
22
%
 
26
%
25
%
Hardlines
14

15

 
14

15

 
13

15

 
24

24

 
17

18

Apparel and accessories
20

19

 
21

20

 
19

19

 
18

17

 
19

19

Food and pet supplies
22

23

 
20

20

 
22

21

 
19

19

 
21

21

Home furnishings and décor
16

16

 
17

17

 
18

18

 
18

18

 
17

17

Total
100
%
100
%
 
100
%
100
%
 
100
%
100
%
 
100
%
100
%
 
100
%
100
%
Supplemental information
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Pharmacy (b)
6
%
6
%
 
6
%
6
%
 
6
%
6
%
 
3
%
5
%
 
5
%
6
%
(a) 
As a percentage of sales.
(b) 
Included in household essentials.