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 | |
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