Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED INCOME STATEMENTS

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CONDENSED CONSOLIDATED INCOME STATEMENTS - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jul. 29, 2017
Jul. 30, 2016
Jul. 29, 2017
Jul. 30, 2016
Income Statement [Abstract]        
Net sales $ 5,281.2 $ 4,996.3 $ 10,568.3 $ 10,082.1
Cost of sales 3,653.4 3,483.9 7,313.4 7,015.2
Gross profit 1,627.8 1,512.4 3,254.9 3,066.9
Selling, general and administrative expenses, excluding Receivable impairment 1,205.7 1,155.2 2,393.1 2,291.0
Receivable impairment 2.6 0.0 53.5 0.0
Selling, general and administrative expenses, excluding Receivable impairment 1,208.3 1,155.2 2,446.6 2,291.0
Operating income 419.5 357.2 808.3 775.9
Interest expense, net 75.8 87.3 150.5 174.6
Other (income) expense, net 0.1 0.0 0.4 (0.2)
Income before income taxes 343.6 269.9 657.4 601.5
Income tax expense 109.8 99.7 223.1 198.7
Net income $ 233.8 $ 170.2 $ 434.3 $ 402.8
Basic net income per share (usd per share) $ 0.99 $ 0.72 $ 1.84 $ 1.71
Diluted net income per share (usd per share) $ 0.98 $ 0.72 $ 1.83 $ 1.70