Segments (Tables)

3 Months Ended

May 03, 2025

Revenue by Reportable Segment and Product Category


	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

Operating Income by Reportable Segment and Reconciliation to Earnings Before Income Tax Expense


	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 Information


	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