In: Accounting
need the vertical and horizontal analysis
Consolidated Statements of Earnings (USD $) | 12 Months Ended | ||||
In Millions, except Per Share data, unless otherwise specified | Feb. 01, 2015 | Vertical Analysis | Feb. 02, 2014 | Vertical Analysis | Horizontal Analysis |
Income Statement [Abstract] | |||||
NET SALES | $83,176 | $78,812 | |||
Cost of Sales | 54,222 | 51,422 | |||
GROSS PROFIT | 28,954 | 27,390 | |||
Operating Expenses: | |||||
Selling, General and Administrative | 16,834 | 16,597 | |||
Depreciation and Amortization | 1,651 | 1,627 | |||
Total Operating Expenses | 18,485 | 18,224 | |||
OPERATING INCOME | 10,469 | 9,166 | |||
Interest and Other (Income) Expense: | |||||
Interest and Investment Income | -337 | -12 | |||
Interest Expense | 830 | 711 | |||
Other | 0 | 0 | |||
Interest and Other, net | 493 | 699 | |||
EARNINGS BEFORE PROVISION FOR INCOME TAXES | 9,976 | 8,467 | |||
Provision for Income Taxes | 3,631 | 3,082 | |||
NET EARNINGS | $6,345 | $5,385 | |||
Weighted Average Common Shares | 1,338 | 1,425 | |||
BASIC EARNINGS PER SHARE | $4.74 | $3.78 | |||
Diluted Weighted Average Common Shares | 1,346 | 1,434 | |||
DILUTED EARNINGS PER SHARE | $4.71 | $3.76 | |||
[1] | Fiscal years ended February 1, 2015 and February 2, 2014 include 52 weeks. Fiscal year ended February 3, 2013 includes 53 weeks. |
Feb 2015 |
Vertical Analysis |
Feb 2014 |
vertical Analysis | ||
Income Statement | % | % |
HORIZONTAL ANALYSIS % |
||
NET SALES | $83,176 | 100 | $78,812 | 100 | +5.54 |
Cost of Sales | 54,222 | 65.15 | 51,422 | 65.25 | +5.45 |
GROSS PROFIT | 28,954 | 34.85 | 27,390 | 34.75 | +5.71 |
Operating Expenses: | |||||
Selling, General and Administrative | 16,834 | 20.25 | 16,597 | 21.06 | +1.43 |
Depreciation and Amortization | 1,651 | 2.00 | 1,627 | 2.06 | +0.09 |
Total Operating Expenses | 18,485 | 22.25 | 18,224 | 23.12 | +1.43 |
OPERATING INCOME | 10,469 | 12.60 | 9,166 | 11.63 | +14.22 |
Interest and Other (Income) Expense: | |||||
Interest and Investment Income | -337 | -0.41 | -12 |
-0.02 |
+270.83 |
Interest Expense | 830 |
1.00 |
711 | 0.90 | 16.74 |
Other | 0 | 0 | 0 | ||
Interest and Other, net | 493 | 0.6 | 699 | 0.88 | -29.47 |
EARNINGS BEFORE PROVISION FOR INCOME TAXES | 9,976 | 12.00 | 8,467 |
10.75 |
+17.83 |
Provision for Income Taxes | 3,631 | 4.37 | 3,082 | 3.91 | +17.83 |
NET EARNINGS | $6,345 | 7.63 | $5,385 | 6.84 | +17.83 |
Weighted Average Common Shares | 1,338 | 1,425 | -6.11 | ||
BASIC EARNINGS PER SHARE | $4.74 | $3.78 | +25.4 | ||
Diluted Weighted Average Common Shares | 1,346 | 1,434 | -6.14 | ||
Dilured eps | 4.71 | 3.76 | +25.27 | ||