TARGET CORPORATION.docx - TARGET CORPORATION Consolidated...

This preview shows page 1 - 2 out of 2 pages.

TARGET CORPORATION Consolidated Statements of Operations For the years ended February 1, 2020, 2019, 2018 (millions, except per share data) 2019 2018 2017 Sales $ 77,130 $ 74,433 $ 71,786 Other revenue 982 923 928 Total revenue 78,112 75,356 72,714 Cost of sales 54,864 53,299 51,125 Selling, general and administrative expenses 16,233 15,723 15,140 Depreciation and amortization (exclusive of depreciation included in cost of sales) 2,357 2,224 2,225 Operating income 4,658 4,110 4,224 Net interest expense 477 461 653 Net other (income) / expense (9) (27) (59) Earnings from continuing operations before income taxes 4,190 3,676 3,630 Provision for income taxes 921 746 722 Net earnings from continuing operations 3,269 2,930 2,908 Discontinued operations, net of tax 12 7 6 Net earnings $ 3,281 $ 2,937 $ 2,914 Basic earnings per share Continuing operations $ 6.39 $ 5.54 $ 5.32 Discontinued operations 0.02 0.01 0.01 Net earnings per share $ 6.42 $ 5.55 $ 5.32 Diluted earnings per share Continuing operations $ 6.34 $ 5.50 $ 5.29 Discontinued operations 0.02 0.01 0.01 Net earnings per share $ 6.36 $ 5.51 $ 5.29 Weighted average common shares outstanding Basic 510.9 528.6 546.8 Diluted 515.6 533.2 550.3 Antidilutive shares 4.1 Note: Per share amounts may not foot due to rounding.

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture