Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Income

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Consolidated Statements of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Nov. 01, 2014
Nov. 02, 2013
Nov. 01, 2014
Nov. 02, 2013
Income Statement [Abstract]        
Net sales $ 6,195 $ 6,276 $ 18,741 $ 18,729
Cost of sales (3,766) (3,817) (11,274) (11,261)
Gross margin 2,429 2,459 7,467 7,468
Selling, general and administrative expenses (2,007) (2,099) (6,031) (6,139)
Operating income (loss) 422 360 1,436 1,329
Interest expense (97) (97) (298) (291)
Interest income 1 1 2 2
Income (loss) before income taxes 326 264 1,140 1,040
Federal, state and local income tax expense (109) (87) (407) (365)
Net income (loss) $ 217 $ 177 $ 733 $ 675
Basic earnings per share $ 0.62 $ 0.47 $ 2.04 $ 1.77
Diluted earnings per share $ 0.61 $ 0.47 $ 2.01 $ 1.74