Target 2002 Annual Report Download - page 26

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CO N S O L I DATE D R E S U LTS O F O P E R AT I O N S
(millions, except per share data) 2002 2001 2000
Sales $42,722 $39,114 $36,310
Net credit card revenues 1,195 712 541
Total revenues 43,917 39,826 36,851
Cost of sales 29,260 27,143 25,214
Selling, general and administrative expense 9,416 8,461 7,928
Credit card expense 765 463 290
Depreciation and amortization 1,212 1,079 940
Interest expense 588 473 426
Earnings before income taxes 2,676 2,207 2,053
Provision for income taxes 1,022 839 789
Net earnings $ 1,654 $ 1,368 $ 1,264
Basic earnings per share $ 1.82 $ 1.52 $ 1.40
Diluted earnings per share $ 1.81 $ 1.50 $ 1.38
Weighted average common shares outstanding:
Basic 908.0 901.5 903.5
Diluted 914.0 909.8 913.0
See Notes to Consolidated Financial Statements throughout pages 28-36.
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