Best Buy 2016 Annual Report Download - page 33

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25
Item 6. Selected Financial Data.
The following table presents our selected financial data. The table should be read in conjunction with Item 7, Management's
Discussion and Analysis of Financial Condition and Results of Operations, and Item 8, Financial Statements and
Supplementary Data, of this Annual Report on Form 10-K.
Five-Year Financial Highlights
$ in millions, except per share amounts
12-Month 11-Month 12-Month
Fiscal Year 2016(1) 2015(2) 2014(4) 2013(5)(6) 2012(5)(7)
Consolidated Statements of Earnings Data
Revenue $ 39,528 $ 40,339 $ 40,611 $ 38,252 $ 43,426
Operating income 1,375 1,450 1,144 90 2,126
Net earnings (loss) from continuing operations 807 1,246 695 (259) 1,368
Gain (loss) from discontinued operations 90 (11) (172) (161) (1,346)
Net earnings (loss) including noncontrolling interests 897 1,235 523 (420) 22
Net earnings (loss) attributable to Best Buy Co., Inc.
shareholders 897 1,233 532 (441) (1,231)
Per Share Data
Net earnings (loss) from continuing operations $ 2.30 $ 3.53 $ 2.00 $ (0.76) $ 3.67
Net gain (loss) from discontinued operations 0.26 (0.04) (0.47) (0.54) (6.94)
Net earnings (loss) 2.56 3.49 1.53 (1.30) (3.27)
Cash dividends declared and paid 1.43 0.72 0.68 0.66 0.62
Common stock price:
High 42.00 40.03 44.66 27.95 33.22
Low 25.31 22.30 13.83 11.20 21.79
Operating Statistics
Comparable sales gain (decline)(8) 0.5% 0.5% (1.0)% (2.7)% (2.2)%
Gross profit rate 23.3% 22.4% 23.1 % 23.6 % 24.5 %
Selling, general and administrative expenses rate 19.3% 18.8% 20.0 % 20.7 % 19.5 %
Operating income rate 3.5% 3.6% 2.8 % 0.2 % 4.9 %
Year-End Data
Current ratio(3)(9) 1.4 1.5 1.4 1.1 1.1
Total assets(3) $ 13,519 $ 15,245 $ 13,990 $ 16,774 $ 15,994
Debt, including current portion(3) 1,734 1,613 1,647 2,290 2,201
Total equity 4,378 5,000 3,989 3,715 4,366
Number of stores
Domestic 1,415 1,448 1,495 1,503 1,447
International 216 283 284 276 264
Total 1,631 1,731 1,779 1,779 1,711
Retail square footage (000s)
Domestic 41,216 41,716 42,051 42,232 43,785
International 4,543 6,470 6,636 6,613 6,814
Total 45,759 48,186 48,687 48,845 50,599
(1) Included within operating income and net earning (loss) from continuing operations for fiscal 2016 is $201 million ($159 million net of taxes) of
restructuring charges from continuing operations recorded in fiscal 2016 related to measures we took to restructure our business. Net earnings (loss)
attributable to Best Buy Co., Inc. shareholders for fiscal 2016 includes restructuring charges (net of tax and noncontrolling interest) from continuing
operations.