Quarterly
Annual
| Unit: USD | 2025-08-01 | 2025-05-02 | 2025-01-31 | 2024-11-01 | 2024-08-02 | 2024-05-03 | 2024-02-02 | 2023-11-03 | 2023-08-04 | 2023-05-05 | 2023-02-03 | 2022-10-28 | 2022-07-29 | 2022-04-29 | 2022-01-28 | 2021-10-29 | 2021-07-30 | 2021-04-30 | 2021-01-29 | 2020-10-30 | 2020-07-31 | 2020-05-01 | 2020-01-31 | 2019-11-01 | 2019-08-02 | 2019-05-03 | 2018-11-02 | 2018-08-03 | 2018-05-04 | 2017-11-03 | 2017-08-04 | 2017-05-05 | 2016-10-28 | 2013-08-02 | 2012-11-02 | 2010-04-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
current earnings | ||||||||||||||||||||||||||||||||||||
net sales | 23,959,100,000,000 | 20,930,100,000,000 | 18,554,000,000,000 | 20,170,100,000,000 | 23,586,100,000,000 | 21,364,100,000,000 | 18,602,000,000,000 | 20,471,100,000,000 | 24,956,100,000,000 | 22,347,100,000,000 | 22,445,000,000,000 | 23,479,100,000,000 | 27,476,100,000,000 | 23,659,100,000,000 | 21,339,000,000,000 | 22,918,100,000,000 | 27,570,100,000,000 | 24,422,100,000,000 | 20,311,000,000,000 | 22,309,100,000,000 | 27,302,100,000,000 | 19,675,100,000,000 | 16,027,000,000,000 | 17,388,100,000,000 | 20,992,100,000,000 | 17,741,100,000,000 | 17,415,100,000,000 | 20,888,100,000,000 | 17,360,100,000,000 | 16,770,100,000,000 | 19,495,100,000,000 | 16,860,100,000,000 | 15,739,100,000,000 | 100,000,000 | ||
yoy | 1.58% | -2.03% | -0.26% | -1.47% | -5.49% | -4.40% | -17.12% | -12.81% | -9.17% | -5.55% | 5.18% | 2.45% | -0.34% | -3.12% | 5.06% | 2.73% | 0.98% | 24.13% | 26.73% | 28.30% | 30.06% | 10.90% | -7.97% | -16.76% | 20.92% | 5.79% | -10.67% | 23.89% | 10.30% | 19495000.00% | ||||||
qoq | 14.47% | 12.81% | -8.01% | -14.48% | 10.40% | 14.85% | -9.13% | -17.97% | 11.67% | -0.44% | -4.40% | -14.55% | 16.13% | 10.87% | -6.89% | -16.87% | 12.89% | 20.24% | -8.96% | -18.29% | 38.76% | 22.76% | -7.83% | -17.17% | 18.32% | 1.87% | -16.63% | 20.32% | 3.52% | -13.98% | 15.63% | 7.12% | ||||
cost of sales | 1,585,866,190,000 | 1,394,466,620,000 | 1,245,700,130,000 | 1,337,466,310,000 | 1,569,166,530,000 | 1,427,466,810,000 | 1,257,500,280,000 | 1,358,066,340,000 | 1,655,766,340,000 | 1,482,066,320,000 | 1,518,800,280,000 | 1,566,166,700,000 | 1,834,366,760,000 | 1,560,965,970,000 | 1,431,200,110,000 | 1,533,166,900,000 | 1,825,866,220,000 | 1,629,266,710,000 | 1,385,500,350,000 | 1,500,967,280,000 | 1,799,865,920,000 | 1,316,266,900,000 | 1,104,600,210,000 | 1,174,867,560,000 | 1,425,267,890,000 | 1,216,068,540,000 | 1,175,567,500,000 | 1,368,965,540,000 | 1,134,865,370,000 | 1,105,765,930,000 | 1,282,565,790,000 | 1,106,065,600,000 | 1,033,265,650,000 | |||
gross margin | 810,133,810,000 | 698,633,380,000 | 609,699,870,000 | 679,633,690,000 | 789,533,470,000 | 709,033,190,000 | 602,699,720,000 | 689,133,660,000 | 839,933,660,000 | 752,733,680,000 | 725,699,720,000 | 781,833,300,000 | 913,333,240,000 | 805,034,030,000 | 702,699,890,000 | 758,733,100,000 | 931,233,780,000 | 813,033,290,000 | 645,599,650,000 | 730,032,720,000 | 930,434,080,000 | 651,333,100,000 | 498,099,790,000 | 564,032,440,000 | 674,032,110,000 | 558,131,460,000 | 566,032,500,000 | 719,934,460,000 | 601,234,630,000 | 571,334,070,000 | 667,034,210,000 | 580,034,400,000 | 540,734,350,000 | 33,930,000 | 34,323,400 | |
yoy | 2.61% | -1.47% | 1.16% | -1.38% | -6.00% | -5.81% | -16.95% | -11.86% | -8.04% | -6.50% | 3.27% | 3.04% | -1.92% | -0.98% | 8.84% | 3.93% | 0.09% | 24.83% | 29.61% | 29.43% | 38.04% | 16.70% | -12.00% | -21.66% | 12.11% | -2.31% | -15.14% | 24.12% | 11.19% | 1683761.10% | 1943280.35% | |||||
qoq | 15.96% | 14.59% | -10.29% | -13.92% | 11.35% | 17.64% | -12.54% | -17.95% | 11.58% | 3.73% | -7.18% | -14.40% | 13.45% | 14.56% | -7.39% | -18.52% | 14.54% | 25.93% | -11.57% | -21.54% | 42.85% | 30.76% | -11.69% | -16.32% | 20.77% | -1.40% | -21.38% | 19.74% | 5.23% | -14.35% | 15.00% | 7.27% | 1593576.25% | -1.15% | ||
gross margin % | 3.38% | 3.34% | 3.29% | 3.37% | 3.35% | 3.32% | 3.24% | 3.37% | 3.37% | 3.37% | 3.23% | 3.33% | 3.32% | 3.40% | 3.29% | 3.31% | 3.38% | 3.33% | 3.18% | 3.27% | 3.41% | 3.31% | 3.11% | 3.24% | 3.21% | 3.15% | 3.25% | 3.45% | 3.46% | 3.41% | 3.42% | 3.44% | 3.44% | 34.32% | ||
expenses: | ||||||||||||||||||||||||||||||||||||
selling, general and administrative | 417,517,420,000 | 404,619,330,000 | 382,200,520,000 | 382,718,970,000 | 402,517,070,000 | 400,918,770,000 | 389,700,790,000 | 376,118,370,000 | 408,616,380,000 | 382,417,120,000 | 513,200,560,000 | 644,327,450,000 | 445,516,220,000 | 430,318,190,000 | 474,200,910,000 | 437,319,080,000 | 469,317,020,000 | 449,418,400,000 | 454,100,500,000 | 477,021,380,000 | 502,018,390,000 | 419,621,320,000 | 368,500,480,000 | 377,221,690,000 | 404,819,290,000 | 386,221,770,000 | 427,024,510,000 | 469,122,450,000 | 418,724,120,000 | 380,822,710,000 | 393,120,160,000 | 387,622,990,000 | 409,025,980,000 | 22,260,000 | 25,032,700 | |
depreciation and amortization | 4,571,910,000 | 4,462,130,000 | 4,450,100,000 | 4,332,150,000 | 4,231,790,000 | 4,282,000,000 | 4,420,110,000 | 4,342,120,000 | 4,271,710,000 | 4,151,850,000 | 4,210,020,000 | 4,511,920,000 | 4,491,630,000 | 4,451,880,000 | 4,360,090,000 | 4,251,850,000 | 4,091,490,000 | 3,911,600,000 | 3,910,100,000 | 3,551,590,000 | 3,271,200,000 | 3,261,660,000 | 3,380,100,000 | 3,101,790,000 | 3,111,480,000 | 3,021,700,000 | 4,332,490,000 | 3,451,650,000 | 3,602,070,000 | 3,582,130,000 | 3,571,830,000 | 3,652,160,000 | ||||
operating income | 346,914,480,000 | 249,411,920,000 | 182,999,250,000 | 253,612,570,000 | 344,714,610,000 | 265,312,420,000 | 168,798,820,000 | 269,613,170,000 | 388,615,570,000 | 328,814,710,000 | 170,399,140,000 | 9,243,930,000 | 422,915,390,000 | 330,213,960,000 | 184,898,890,000 | 278,912,170,000 | 421,015,270,000 | 324,513,290,000 | 152,399,050,000 | 21,759,750,000 | 395,714,490,000 | 199,110,120,000 | 9,579,210,000 | 15,588,960,000 | 238,111,340,000 | 14,177,990,000 | 9,575,500,000 | 216,310,360,000 | 14,658,440,000 | 15,479,230,000 | 238,212,220,000 | 15,599,250,000 | ||||
yoy | 0.64% | -5.99% | 8.41% | -5.93% | -11.30% | -19.31% | -0.94% | 2816.65% | -8.11% | -0.42% | -7.84% | -96.69% | 0.45% | 1.76% | 21.33% | 1181.78% | 6.39% | 62.98% | 1490.94% | 39.58% | 66.19% | 1304.36% | 0.04% | -92.79% | 1524.40% | -8.41% | -95.98% | 1286.67% | ||||||||
qoq | 39.09% | 36.29% | -27.84% | -26.43% | 29.93% | 57.18% | -37.39% | -30.62% | 18.19% | 92.97% | 1743.36% | -97.81% | 28.07% | 78.59% | -33.71% | -33.75% | 29.74% | 112.94% | 600.37% | -94.50% | 98.74% | 1978.57% | -38.55% | -93.45% | 1579.44% | 48.07% | -95.57% | 1375.67% | -5.30% | -93.50% | 1427.07% | |||||
operating margin % | 1.45% | 1.19% | 0.99% | 1.26% | 1.46% | 1.24% | 0.91% | 1.32% | 1.56% | 1.47% | 0.76% | 0.04% | 1.54% | 1.40% | 0.87% | 1.22% | 1.53% | 1.33% | 0.75% | 0.10% | 1.45% | 1.01% | 0.06% | 0.09% | 1.13% | 0.08% | 0.05% | 1.04% | 0.08% | 0.09% | 1.22% | 0.09% | 0% | 0% | ||
interest – net | 3,131,310,000 | 3,371,610,000 | 3,280,060,000 | 3,171,570,000 | 3,171,340,000 | 3,521,650,000 | 3,490,080,000 | 3,451,680,000 | 3,411,360,000 | 3,491,560,000 | 3,210,090,000 | 2,951,250,000 | 2,640,960,000 | 2,431,030,000 | 2,350,060,000 | 2,230,970,000 | 2,160,780,000 | 2,110,870,000 | 2,040,020,000 | 2,210,990,000 | 2,190,800,000 | 2,051,040,000 | ||||||||||||||
pre-tax earnings | 315,613,170,000 | 215,710,310,000 | 150,199,190,000 | 221,911,000,000 | 313,013,270,000 | 230,110,770,000 | 133,898,740,000 | 235,111,490,000 | 354,514,210,000 | 293,913,150,000 | -674,940,950,000 | 6,292,680,000 | 396,514,430,000 | 305,912,930,000 | 161,398,830,000 | 256,611,200,000 | 399,414,490,000 | 303,412,420,000 | 13,199,380,000 | 8,944,010,000 | 373,813,690,000 | 17,869,080,000 | 7,749,150,000 | 13,817,940,000 | 221,210,540,000 | 12,557,070,000 | 8,044,620,000 | 20,109,620,000 | 13,057,520,000 | 13,878,270,000 | 222,311,410,000 | 9,345,540,000 | 7,764,930,000 | 8,400,000 | 5,262,000 | |
income tax provision | 7,583,160,000 | 5,162,470,000 | 3,779,840,000 | 5,242,590,000 | 7,473,170,000 | 5,462,560,000 | 3,189,690,000 | 5,782,830,000 | 8,723,500,000 | 6,793,040,000 | 4,249,760,000 | 4,752,020,000 | 9,733,540,000 | 7,263,070,000 | 4,069,720,000 | 6,702,930,000 | 9,763,540,000 | 7,132,920,000 | 3,419,880,000 | 2,020,910,000 | 9,103,330,000 | 4,492,280,000 | 2,649,940,000 | 3,321,900,000 | 5,362,560,000 | 2,091,170,000 | 1,751,010,000 | 4,902,340,000 | 3,171,830,000 | 5,153,070,000 | 8,044,130,000 | 3,321,970,000 | 3,972,520,000 | 3,150,000 | 1,981,000 | |
net earnings | 239,810,010,000 | 16,417,840,000 | 11,239,350,000 | 16,958,410,000 | 238,310,100,000 | 17,558,210,000 | 10,199,050,000 | 17,738,660,000 | 267,310,710,000 | 226,010,110,000 | 9,579,290,000 | 1,540,660,000 | 299,210,890,000 | 23,339,860,000 | 12,069,110,000 | 18,968,270,000 | 301,810,950,000 | 23,219,500,000 | 9,779,500,000 | 6,923,100,000 | 282,810,360,000 | 13,376,800,000 | 5,099,210,000 | 10,496,040,000 | 16,767,980,000 | 10,465,900,000 | 6,293,610,000 | 15,207,280,000 | 9,885,690,000 | 8,725,200,000 | 14,197,280,000 | 6,023,570,000 | 3,792,410,000 | 941,000,000 | 396,225,000,000 | 489,000,000 |
yoy | 0.63% | -6.49% | 10.20% | -4.40% | -10.85% | -92.23% | 6.47% | 1051.37% | -10.66% | 868.34% | -20.63% | -91.88% | -0.86% | 0.52% | 23.41% | 173.99% | 6.72% | 73.58% | 91.78% | -34.04% | 1586.61% | 27.81% | -18.98% | -30.98% | 69.62% | 19.95% | -55.67% | 152.46% | 160.67% | 827.23% | -96.42% | 1131.81% | ||||
qoq | 1360.67% | 46.07% | -33.72% | -92.88% | 1257.26% | 72.16% | -42.50% | -93.36% | 18.27% | 2259.36% | 521.77% | -99.49% | 1181.97% | 93.39% | -36.37% | -93.72% | 1199.82% | 137.43% | 41.26% | -97.55% | 2014.19% | 162.33% | -51.42% | -37.40% | 60.22% | 66.29% | -58.61% | 53.83% | 13.30% | -38.54% | 135.70% | 58.83% | 303.02% | -99.76% | 80927.61% | |
net income margin % | 1.00% | 0.08% | 0.06% | 0.08% | 1.01% | 0.08% | 0.05% | 0.09% | 1.07% | 1.01% | 0.04% | 0.01% | 1.09% | 0.10% | 0.06% | 0.08% | 1.09% | 0.10% | 0.05% | 0.03% | 1.04% | 0.07% | 0.03% | 0.06% | 0.08% | 0.06% | 0.04% | 0.07% | 0.06% | 0.05% | 0.07% | 0.04% | 0.02% | 396225.00% | ||
weighted-average common shares outstanding – basic | 559,000,000 | 559,000,000 | 565,000,000 | 568,000,000 | 571,000,000 | 576,000,000 | 584,000,000 | 596,000,000 | 618,000,000 | 638,000,000 | 660,000,000 | 690,000,000 | 705,000,000 | 718,000,000 | 752,000,000 | 752,000,000 | 755,000,000 | |||||||||||||||||||
basic earnings per common share | 4,280,000 | 2,930,000 | 2,010,000 | 2,990,000 | 4,180,000 | 3,060,000 | 1,800,000 | 3,070,000 | 4,560,000 | 3,780,000 | 1,640,000 | 250,000 | 4,680,000 | 3,520,000 | 1,840,000 | 2,740,000 | 4,270,000 | 3,220,000 | 1,350,000 | 920,000 | 3,740,000 | 1,760,000 | 680,000 | 1,360,000 | 2,140,000 | 1,310,000 | 780,000 | 1,860,000 | 1,190,000 | 1,050,000 | 1,680,000 | 700,000 | 430,000 | 880,000 | 350,000 | 340,000 |
weighted-average common shares outstanding – diluted | 560,000,000 | 560,000,000 | 566,000,000 | 570,000,000 | 572,000,000 | 577,000,000 | 585,000,000 | 597,000,000 | 620,000,000 | 639,000,000 | 662,000,000 | 692,000,000 | 707,000,000 | 720,000,000 | 754,000,000 | 753,000,000 | 756,000,000 | |||||||||||||||||||
diluted earnings per common share | 4,270,000 | 2,920,000 | 2,010,000 | 2,990,000 | 4,170,000 | 3,060,000 | 1,800,000 | 3,060,000 | 4,560,000 | 3,770,000 | 1,640,000 | 250,000 | 4,670,000 | 3,510,000 | 1,830,000 | 2,730,000 | 4,250,000 | 3,210,000 | 1,340,000 | 910,000 | 3,740,000 | 1,760,000 | 690,000 | 1,360,000 | 2,140,000 | 1,310,000 | 780,000 | 1,860,000 | 1,190,000 | 1,050,000 | 1,680,000 | 700,000 | 430,000 | 880,000 | 350,000 | 340,000 |
loss on extinguishment of debt | -350,000 | 10,604,750,000 | 4,642,750,000 | |||||||||||||||||||||||||||||||||
interest - net | 1,830,060,000 | 1,771,020,000 | 1,690,800,000 | 1,620,920,000 | 1,530,880,000 | 1,530,740,000 | 1,600,920,000 | 1,600,960,000 | 1,590,810,000 | 1,610,960,000 | 1,631,040,000 | 110,000,000 | 11,491,000,000 | 82,000,000 | ||||||||||||||||||||||
weighted-average common shares outstanding - basic | 769,000,000 | 781,000,000 | 796,000,000 | 806,000,000 | 813,000,000 | 825,000,000 | 831,000,000 | 841,000,000 | 857,000,000 | 873,000,000 | ||||||||||||||||||||||||||
weighted-average common shares outstanding - diluted | 770,000,000 | 781,000,000 | 797,000,000 | 807,000,000 | 814,000,000 | 826,000,000 | 832,000,000 | 842,000,000 | 858,000,000 | 874,000,000 | ||||||||||||||||||||||||||
cash dividends per share | 0.55 | 0.55 | 0.55 | 0.48 | 0.48 | 0.48 | 0.41 | 0.41 | 0.41 | 0.35 | 0.35 | |||||||||||||||||||||||||
retained earnings | ||||||||||||||||||||||||||||||||||||
balance at beginning of period | 863 | 2,439 | 3,095 | 3,452 | 5,517 | 5,405 | 5,253 | 5,346 | 6,241 | 6,839 | ||||||||||||||||||||||||||
cumulative effect of accounting change | -65.75 | -263 | 33 | |||||||||||||||||||||||||||||||||
cash dividends declared | -308.25 | -423 | -428 | -382 | -387 | -390 | -338 | -341 | -344 | -299 | ||||||||||||||||||||||||||
share repurchases | -872.25 | -827 | -1,904 | -758 | -603 | -1,018 | -703 | -495 | -1,168 | -1,198 | -535 | |||||||||||||||||||||||||
balance at end of period | 559.5 | 2,238 | 2,439 | 3,095 | 5,156 | 5,517 | 5,405 | 5,289 | 5,253 | 5,346 | 6,376 | |||||||||||||||||||||||||
beginning balance | 5,425 | |||||||||||||||||||||||||||||||||||
net earnings attributable to lowe’s companies, inc. | 872 | 378 | ||||||||||||||||||||||||||||||||||
depreciation | 3,782,400,000 | 2,590,000 | 3,083,000 | |||||||||||||||||||||||||||||||||
total expenses | 463,129,420,000 | 25,530,000 | 29,063,100 | |||||||||||||||||||||||||||||||||
cash dividends | -306 | |||||||||||||||||||||||||||||||||||
liability for extended protection plan claims, beginning of period | 20,000,000 | 2,324,000,000 | ||||||||||||||||||||||||||||||||||
accrual for claims incurred | 29,000,000 | 2,923,000,000 | 17,000,000 | |||||||||||||||||||||||||||||||||
claim payments | -22,000,000 | |||||||||||||||||||||||||||||||||||
liability for extended protection plan claims, end of period | 27,000,000 | 2,323,000,000 | ||||||||||||||||||||||||||||||||||
share repurchase program | 27,100,000 | 29,685,000 | ||||||||||||||||||||||||||||||||||
shares withheld from employees | 100,000 | 100,000 | ||||||||||||||||||||||||||||||||||
total share repurchases | 27,200,000 | 29,785,000 | ||||||||||||||||||||||||||||||||||
basic earnings per common share: | ||||||||||||||||||||||||||||||||||||
less: net earnings allocable to participating securities | -6,000,000 | |||||||||||||||||||||||||||||||||||
net earnings allocable to common shares | 935,000,000 | 393,223,000,000 | 485,000,000 | |||||||||||||||||||||||||||||||||
weighted-average common shares outstanding | 1,067,000,000 | 11,261,250,000,000 | 1,438,000,000 | |||||||||||||||||||||||||||||||||
diluted earnings per common share: | ||||||||||||||||||||||||||||||||||||
dilutive effect of non-participating share-based awards | 1,000,000 | 22,000,000 | 3,000,000 | |||||||||||||||||||||||||||||||||
weighted-average common shares, as adjusted | 1,068,000,000 | 11,281,252,000,000 | 1,441,000,000 | |||||||||||||||||||||||||||||||||
net interest expense is comprised of the following: | ||||||||||||||||||||||||||||||||||||
long-term debt | 103,000,000 | 864,510,183,000,000 | 5,712,000,000 | |||||||||||||||||||||||||||||||||
capitalized lease obligations | 9,000,000 | 910,000,000 | 9,000,000 | |||||||||||||||||||||||||||||||||
interest income | -1,000,000 | |||||||||||||||||||||||||||||||||||
interest capitalized | -1,000,000 | |||||||||||||||||||||||||||||||||||
interest on tax uncertainties | -2,000,000 | -3,000,000 | 2,000,000 | |||||||||||||||||||||||||||||||||
other | 2,000,000 | 21,000,000 | 7,000,000 | |||||||||||||||||||||||||||||||||
supplemental disclosures of cash flow information: | ||||||||||||||||||||||||||||||||||||
cash paid for interest, net of amount capitalized | 226,000,000 | 414,353,000,000 | 130,000,000 | |||||||||||||||||||||||||||||||||
cash paid for income taxes - net | 746,000,000 | |||||||||||||||||||||||||||||||||||
non-cash investing and financing activities: | ||||||||||||||||||||||||||||||||||||
non-cash property acquisitions, including assets acquired under capital lease | 6,000,000 | 25,172,000,000 | 23,000,000 | |||||||||||||||||||||||||||||||||
cash dividends declared but not paid | 192,000,000 | 180,176,000,000 | 130,000,000 | |||||||||||||||||||||||||||||||||
· | ||||||||||||||||||||||||||||||||||||
ebit margin1 | 6,210,000 | |||||||||||||||||||||||||||||||||||
other metrics | ||||||||||||||||||||||||||||||||||||
comparable sales increase/(decrease) 2 | 9,600,000 | |||||||||||||||||||||||||||||||||||
total customer transactions | 240,000,000 | 199,000,000 | ||||||||||||||||||||||||||||||||||
average ticket 3 | 65,600,000 | |||||||||||||||||||||||||||||||||||
at end of period: | ||||||||||||||||||||||||||||||||||||
number of stores | 1,758,000,000 | 17,501,744,000,000 | 1,721,000,000 | |||||||||||||||||||||||||||||||||
sales floor square feet | 198,000,000 | 197,196,000,000 | 194,000,000 | |||||||||||||||||||||||||||||||||
average store size selling square feet (in thousands) 4 | 112,000,000 | |||||||||||||||||||||||||||||||||||
return on invested capital 5 | 10,600,000 | |||||||||||||||||||||||||||||||||||
1 | ||||||||||||||||||||||||||||||||||||
2 | ||||||||||||||||||||||||||||||||||||
3 | ||||||||||||||||||||||||||||||||||||
4 | ||||||||||||||||||||||||||||||||||||
5 | ||||||||||||||||||||||||||||||||||||
calculation of return on invested capital | ||||||||||||||||||||||||||||||||||||
numerator 1 | ||||||||||||||||||||||||||||||||||||
plus: | ||||||||||||||||||||||||||||||||||||
interest expense - net | 447,000,000 | 415,356,000,000 | ||||||||||||||||||||||||||||||||||
benefit from income taxes | 1,299,000,000 | 11,751,074,000,000 | ||||||||||||||||||||||||||||||||||
earnings before interest and taxes | 3,911,000,000 | 35,833,232,000,000 | ||||||||||||||||||||||||||||||||||
less: | ||||||||||||||||||||||||||||||||||||
income tax adjustment 2 | 1,466,000,000 | 13,291,207,000,000 | ||||||||||||||||||||||||||||||||||
net operating profit after tax | 2,445,000,000 | 22,542,025,000,000 | ||||||||||||||||||||||||||||||||||
effective tax rate | 37,500,000 | 37,100,000 | ||||||||||||||||||||||||||||||||||
denominator | ||||||||||||||||||||||||||||||||||||
average debt and equity 3 | 23,016,000,000 | 2,401,924,002,000,000 | ||||||||||||||||||||||||||||||||||
return on invested capital | 10,600,000 | 9,400,000 | ||||||||||||||||||||||||||||||||||
calculation of return on average debt and equity | ||||||||||||||||||||||||||||||||||||
return on average debt and equity | 9,400,000 | 8,300,000 | ||||||||||||||||||||||||||||||||||
unsecured notes | 862,610,160,000,000 | |||||||||||||||||||||||||||||||||||
mortgage notes | 1,923,000,000 | |||||||||||||||||||||||||||||||||||
accrual for exit activities, balance at beginning of period | 6,827,000,000 | |||||||||||||||||||||||||||||||||||
additions to the accrual - net | 1,468,000,000 | |||||||||||||||||||||||||||||||||||
cash payments | ||||||||||||||||||||||||||||||||||||
accrual for exit activities, balance at end of period | 7,792,000,000 | |||||||||||||||||||||||||||||||||||
deferred revenue - extended protection plans, beginning of period | 726,673,000,000 | |||||||||||||||||||||||||||||||||||
additions to deferred revenue | 5,761,000,000 | 68,000,000 | ||||||||||||||||||||||||||||||||||
deferred revenue recognized | ||||||||||||||||||||||||||||||||||||
deferred revenue - extended protection plans, end of period | 720,687,000,000 | |||||||||||||||||||||||||||||||||||
cash paid for income taxes | 1,059,787,000,000 | 100,000,000 | ||||||||||||||||||||||||||||||||||
comparable store sales increase/(decrease) 2, 3 | 1,800,000 | |||||||||||||||||||||||||||||||||||
total customer transactions (in millions) 4 | 191,192,000,000 | |||||||||||||||||||||||||||||||||||
average ticket 4, 5 | 63,116,100 | |||||||||||||||||||||||||||||||||||
average store size selling square feet (in thousands) 6 | 113,113,000,000 | |||||||||||||||||||||||||||||||||||
return on invested capital 7 | 9,400,000 | |||||||||||||||||||||||||||||||||||
6 | ||||||||||||||||||||||||||||||||||||
7 | ||||||||||||||||||||||||||||||||||||
available-for-sale securities: | ||||||||||||||||||||||||||||||||||||
municipal bonds | 276,000,000 | |||||||||||||||||||||||||||||||||||
municipal variable rate demand obligations | 261,000,000 | |||||||||||||||||||||||||||||||||||
money market funds | 84,000,000 | |||||||||||||||||||||||||||||||||||
trading securities: | ||||||||||||||||||||||||||||||||||||
mutual funds | 47,000,000 | |||||||||||||||||||||||||||||||||||
total short-term investments | 675,000,000 | |||||||||||||||||||||||||||||||||||
total long-term investments | 832,000,000 | |||||||||||||||||||||||||||||||||||
extended warranty deferred revenue, beginning of period | 549,000,000 | |||||||||||||||||||||||||||||||||||
extended warranty deferred revenue, end of period | 576,000,000 | |||||||||||||||||||||||||||||||||||
liability for extended warranty claims, beginning of period | 23,000,000 | |||||||||||||||||||||||||||||||||||
liability for extended warranty claims, end of period | 23,000,000 | |||||||||||||||||||||||||||||||||||
foreign currency translation adjustments | 19,000,000 | |||||||||||||||||||||||||||||||||||
net unrealized investment losses | ||||||||||||||||||||||||||||||||||||
comprehensive income | 507,000,000 | |||||||||||||||||||||||||||||||||||
short-term borrowings | ||||||||||||||||||||||||||||||||||||
loss on equity method investments | ||||||||||||||||||||||||||||||||||||
comparable store sales increase2 | 2,400,000 | |||||||||||||||||||||||||||||||||||
average ticket3 | 62,270,000 | |||||||||||||||||||||||||||||||||||
average store size selling square feet (in thousands)4 | 113,000,000 | |||||||||||||||||||||||||||||||||||
a comparable store is defined as a store that has been open longer than 13 months. | ||||||||||||||||||||||||||||||||||||
average ticket is defined as net sales divided by the total number of customer transactions. | ||||||||||||||||||||||||||||||||||||
average store size selling square feet is defined as sales floor square feet divided by the number of stores open at the end of the period. | ||||||||||||||||||||||||||||||||||||
current debt ratings | ||||||||||||||||||||||||||||||||||||
commercial paper | ||||||||||||||||||||||||||||||||||||
senior debt | ||||||||||||||||||||||||||||||||||||
outlook |
The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.