Best Buy 2015 Annual Report Download - page 30

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Table of Contents
23
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 2015(1) 2014(2) 2013(3)(4) 2012(3)(5) 2011(6)
Consolidated Statements of Earnings Data
Revenue $ 40,339 $ 40,611 $ 38,252 $ 43,426 $ 42,683
Operating income 1,450 1,144 90 2,126 2,216
Net earnings (loss) from continuing operations 1,246 695 (259) 1,368 1,410
Gain (loss) from discontinued operations (11) (172) (161) (1,346) (44)
Net earnings (loss) including noncontrolling interests 1,235 523 (420) 22 1,366
Net earnings (loss) attributable to Best Buy Co., Inc.
shareholders 1,233 532 (441) (1,231) 1,277
Per Share Data
Net earnings (loss) from continuing operations $ 3.53 $ 2.00 $ (0.76) $ 3.67 $ 3.39
Net gain (loss) from discontinued operations (0.04) (0.47) (0.54) (6.94) (0.31)
Net earnings (loss) 3.49 1.53 (1.30) (3.27) 3.08
Cash dividends declared and paid 0.72 0.68 0.66 0.62 0.58
Common stock price:
High 40.03 44.66 27.95 33.22 48.83
Low 22.30 13.83 11.20 21.79 30.90
Operating Statistics
Comparable sales gain (decline)(7) 0.5% (1.0)% (2.7)% (2.2)% (1.8)%
Gross profit rate 22.4% 23.1 % 23.6 % 24.5 % 25.0 %
Selling, general and administrative expenses rate 18.8% 20.0 % 20.7 % 19.5 % 19.5 %
Operating income rate 3.6% 2.8 % 0.2 % 4.9 % 5.2 %
Year-End Data
Current ratio(8) 1.5 1.4 1.1 1.2 1.2
Total assets $ 15,256 $ 14,013 $ 16,787 $ 16,005 $ 17,849
Debt, including current portion 1,621 1,657 2,296 2,208 1,709
Total equity 5,000 3,989 3,715 4,366 7,292
Number of stores
Domestic 1,448 1,495 1,503 1,447 1,317
International 283 284 276 264 233
Total 1,731 1,779 1,779 1,711 1,550
Retail square footage (000s)
Domestic 41,716 42,051 42,232 43,785 43,660
International 6,470 6,636 6,613 6,814 6,454
Total 48,186 48,687 48,845 50,599 50,114
(1) Included within operating income and net earnings (loss) from continuing operations for fiscal 2015 is $5 million ($4 million net of taxes) of restructuring
charges from continuing operations. In addition, net earnings (loss) from continuing operations and net earnings (loss) attributable to Best Buy Co., Inc.
shareholders for fiscal 2015 includes $353 million due to a $353 million discrete benefit related to reorganizing certain European legal entities.