v3.25.1
Segments
3 Months Ended
May 03, 2025
Segments [Abstract]  
Segments 11. Segments

Segment and category revenue information was as follows ($ in millions):

Three Months Ended

May 3, 2025

May 4, 2024

Domestic:

Computing and Mobile Phones

$

3,792 

$

3,588 

Consumer Electronics

2,237 

2,364 

Appliances

1,001 

1,090 

Entertainment

449 

520 

Services

579 

578 

Other

69 

63 

Total Domestic revenue

$

8,127 

$

8,203 

International:

Computing and Mobile Phones

$

324 

$

318 

Consumer Electronics

173 

173 

Appliances

57 

60 

Entertainment

42 

46 

Services

37 

39 

Other

7 

8 

Total International revenue

640 

644 

Total revenue

$

8,767 

$

8,847 


Adjusted operating income by segment and the reconciliation to consolidated earnings before income tax expense and equity in income (loss) of affiliates were as follows ($ in millions):

Three Months Ended

May 3, 2025

May 4, 2024

Domestic (1)

International

Total

Domestic (1)

International

Total

Revenue

$

8,127 

$

640 

$

8,767 

$

8,203 

$

644 

$

8,847 

Cost of sales

6,219 

499 

6,718 

6,286 

497 

6,783 

Adjusted SG&A (2)

1,579 

137 

1,716 

1,592 

139 

1,731 

Adjusted operating income

$

329 

$

4 

$

333 

$

325 

$

8 

$

333 

Restructuring charges

109 

15 

Intangible asset amortization

5 

6 

Operating income

219 

312 

Other income (expense):

Investment income and other

15 

25 

Interest expense

(12)

(12)

Earnings before income tax expense and equity in income (loss) of affiliates

$

222 

$

325 

(1)Domestic segment adjusted operating income includes certain operations that are based in foreign tax jurisdictions and primarily relate to sourcing products into the U.S.

(2)Adjusted SG&A excludes amortization of definite-lived intangible assets associated with acquisitions.

Other information by segment was as follows ($ in millions):

Three Months Ended

May 3, 2025

May 4, 2024

Assets

Domestic

$

12,835 

$

13,483 

International

1,293 

1,269 

Total assets

$

14,128 

$

14,752 

Capital expenditures

Domestic

$

150 

$

138 

International

16 

14 

Total capital expenditures

$

166 

$

152 

Depreciation and amortization

Domestic

$

201 

$

209 

International

10 

10 

Total depreciation and amortization

$

211 

$

219