Financial Summary (All financials)
| In millions, except per share items | Jan-28-23 | Jan-29-22 | Jan-30-21 | Feb-01-20 | Feb-02-19 | Feb-03-18 | Jan-28-17 | Jan-30-16 |
| Revenues | 46,298.0 | 51,761.0 | 47,262.0 | 43,638.0 | 42,879.0 | 42,151.0 | 39,403.0 | 39,528.0 |
| Revenue growth | -10.6% | 9.5% | 8.3% | 1.8% | 1.7% | 7.0% | -0.3% | -2.0% |
| Cost of goods sold | 36,386.0 | 40,121.0 | 36,689.0 | 33,590.0 | 32,918.0 | 32,275.0 | 29,963.0 | 30,334.0 |
| Gross profit | 9,912.0 | 11,640.0 | 10,573.0 | 10,048.0 | 9,961.0 | 9,876.0 | 9,440.0 | 9,194.0 |
| Gross margin | 21.4% | 22.5% | 22.4% | 23.0% | 23.2% | 23.4% | 24.0% | 23.3% |
| Selling, general and administrative | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7,547.0 | 7,618.0 |
| EBITA | 1,886.0 | 3,117.0 | 2,460.0 | 2,086.0 | 1,886.0 | 1,804.0 | 1,893.0 | 1,573.0 |
| EBITA margin | 4.1% | 6.0% | 5.2% | 4.8% | 4.4% | 4.3% | 4.8% | 4.0% |
| Amortization of intangibles | 86.0 | 82.0 | 80.0 | 72.0 | 23.0 | | | |
| EBIT | 1,800.0 | 3,035.0 | 2,380.0 | 2,014.0 | 1,863.0 | 1,804.0 | 1,893.0 | 1,573.0 |
| EBIT margin | 3.9% | 5.9% | 5.0% | 4.6% | 4.3% | 4.3% | 4.8% | 4.0% |
| Pre-tax income | 1,788.0 | 3,024.0 | 2,377.0 | 1,993.0 | 1,888.0 | 1,817.0 | 1,816.0 | 1,310.0 |
| Income taxes | 370.0 | 574.0 | 579.0 | 452.0 | 424.0 | 818.0 | 609.0 | 503.0 |
| Tax rate | 20.7% | 19.0% | 24.4% | 22.7% | 22.5% | 45.0% | 33.5% | 38.4% |
| Net income | 1,419.0 | 2,454.0 | 1,798.0 | 1,541.0 | 1,464.0 | 1,000.0 | 1,228.0 | 897.0 |
| Net margin | 3.1% | 4.7% | 3.8% | 3.5% | 3.4% | 2.4% | 3.1% | 2.3% |
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| Diluted EPS | $6.29 | $9.84 | $6.84 | $5.75 | $5.20 | $3.25 | $3.74 | $2.30 |
| Shares outstanding (diluted) | 225.7 | 249.3 | 263.0 | 268.1 | 281.4 | 307.1 | 322.6 | 350.7 |
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| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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