Best Buy 2012 Annual Report Download - page 105
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$ in millions, except per share amounts or as otherwise noted
105
2012 2011 2010
Operating income (loss)
Domestic $ 1,855 $ 2,054 $ 2,103
International(1) (770) 320 265
Total operating income 1,085 2,374 2,368
Other income (expense)
Gain on sale of investments 55 — —
Investment income and other 37 43 53
Interest expense (134)(86)(92)
Earnings from continuing operations before income tax expense and equity in (loss)
income of affiliates $ 1,043 $ 2,331 $ 2,329
Assets
Domestic $ 9,592 $ 9,610 $ 10,431
International 6,413 8,239 7,871
Total assets $ 16,005 $ 17,849 $ 18,302
Capital expenditures
Domestic $ 488 $ 481 $ 385
International 278 263 230
Total capital expenditures $ 766 $ 744 $ 615
Depreciation
Domestic $ 612 $ 615 $ 574
International 267 261 245
Total depreciation $ 879 $ 876 $ 819
(1) Included within our International segment's operating loss for fiscal 2012 is a $1.2 billion goodwill impairment charge.
Geographic Information
The following tables present our geographic information in fiscal 2012, 2011 and 2010:
2012 2011 2010
Net sales to customers
United States $ 37,615 $ 37,070 $ 37,138
Europe 5,228 5,316 5,444
Canada 5,635 5,468 5,065
China 2,069 1,779 1,562
Other 158 114 34
Total revenue $ 50,705 $ 49,747 $ 49,243
Long-lived assets
United States $ 2,507 $ 2,741 $ 2,960
Europe 352 438 464
Canada 432 474 462
China 161 147 152
Other 19 23 32
Total long-lived assets $ 3,471 $ 3,823 $ 4,070