Home Depot Inc. (HD) | Income Statement
The income statement presents information on the financial results of a company's business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.
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Home Depot Inc., Consolidated Income Statement
USD $ in millions
| 12 months ended | Feb 3, 2013 | Jan 29, 2012 | Jan 30, 2011 | Jan 31, 2010 | Feb 1, 2009 | Feb 3, 2008 | |
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| Net sales | |
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| Cost of sales | |
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| Gross profit | |
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| Selling, general and administrative | |
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| Depreciation and amortization | |
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| Operating expenses | |
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| Operating income | |
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| Interest and investment income | |
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| Interest expense | |
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| Other | |
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| Interest and other, net | |
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| Earnings from continuing operations before provision for income taxes | |
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| Provision for income taxes | |
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| Earnings from continuing operations | |
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| Earnings (loss) from discontinued operations, net of tax | |
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| Net earnings | |
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| Item | Description | The company |
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| Net sales | Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains. | Home Depot Inc.'s net sales increased from 2011 to 2012 and from 2012 to 2013. |
| Operating income | The net result for the period of deducting operating expenses from operating revenues. | Home Depot Inc.'s operating income increased from 2011 to 2012 and from 2012 to 2013. |
| Earnings from continuing operations before provision for income taxes | Sum of operating profit and nonoperating income (expense) before income (loss) from equity method investments, income taxes, extraordinary items, cumulative effects of changes in accounting principles, and noncontrolling interest. | Home Depot Inc.'s earnings from continuing operations before provision for income taxes increased from 2011 to 2012 and from 2012 to 2013. |
| Earnings from continuing operations | This represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses and taxes from ongoing operations before extraordinary items, cumulative effects of changes in accounting principles, and noncontrolling interest. | Home Depot Inc.'s earnings from continuing operations increased from 2011 to 2012 and from 2012 to 2013. |
| Net earnings | The portion of consolidated profit or loss for the period, net of income taxes, which is attributable to the parent. If the entity does not present consolidated financial statements, the amount of profit or loss for the period, net of income taxes. | Home Depot Inc.'s net earnings increased from 2011 to 2012 and from 2012 to 2013. |
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