Kroger 2015 Annual Report Download - page 106

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A-32
THE KROGER CO.
CONSOLIDATED STATEMEN TS OF OPERATIONS
Years Ended January 30, 2016, January 31, 2015 and February 1, 2014
(In millions, except per share amounts)
2015
(52 weeks)
2014
(52 weeks)
2013
(52 weeks)
Sales $109,830 $108,465 $98,375
Merchandise costs, including advertising, warehousing, and
transportation, excluding items shown separately below 85,496 85,512 78,138
Operating, general and administrative 17,946 17,161 15,196
Rent 723 707 613
Depreciation and amortization 2,089 1,948 1,703
Operating Profit 3,576 3,137 2,725
Interest expense 482 488 443
Earnings before income tax expense 3,094 2,649 2,282
Income tax expense 1,045 902 751
Net earnings including noncontrolling interests 2,049 1,747 1,531
Net earnings attributable to noncontrolling interests 10 19 12
Net earnings attributable to The Kroger Co. $ 2,039 $ 1,728 $ 1,519
Net earnings attributable to The Kroger Co. per basic common share $ 2.09 $ 1.74 $ 1.47
Average number of common shares used in basic calculation 966 981 1,028
Net earnings attributable to The Kroger Co. per diluted common share $ 2.06 $ 1.72 $ 1.45
Average number of common shares used in diluted calculation 980 993 1,040
Dividends declared per common share $ 0.408 $ 0.350 $ 0.315
The accompanying notes are an integral part of the consolidated financial statements.