v3.26.1
Consolidated Statements of Earnings (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
May 01, 2026
May 02, 2025
Current Earnings    
Net sales $ 23,078 $ 20,930
Cost of sales 15,535 13,944
Gross margin 7,543 6,986
Expenses:    
Selling, general and administrative 4,423 4,046
Depreciation and amortization 566 446
Operating income 2,554 2,494
Interest – net 399 337
Pre-tax earnings 2,155 2,157
Income tax provision 527 516
Net earnings $ 1,628 $ 1,641
Weighted-average common shares outstanding - basic (in shares) 559 559
Basic earnings per common share (in dollars per share) $ 2.90 $ 2.93
Weighted-average common shares outstanding - diluted (in shares) 560 560
Diluted earnings per common share (in dollars per share) $ 2.90 $ 2.92
Current Earnings (Percentages)    
Net sales 100.00% 100.00%
Cost of sales 67.32% 66.62%
Gross margin 32.68% 33.38%
Expenses:    
Selling, general and administrative 19.16% 19.33%
Depreciation and amortization 2.45% 2.13%
Operating income 11.07% 11.92%
Interest – net 1.73% 1.61%
Pre-tax earnings 9.34% 10.31%
Income tax provision 2.29% 2.47%
Net earnings 7.05% 7.84%