2022 Q1 Form 10-K Financial Statement

#000155837022004595 Filed on March 29, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2022 2021 Q1
Revenue $33.05B $137.9B $30.74B
YoY Change 7.52% 4.07% 6.38%
Cost Of Revenue $25.72B $106.6B $23.69B
YoY Change 8.56% 5.8% 5.26%
Gross Profit $7.329B $31.33B $7.046B
YoY Change 4.02% -1.43% 10.34%
Gross Profit Margin 22.18% 22.72% 22.92%
Selling, General & Admin $5.708B $24.97B $6.530B
YoY Change -12.59% -4.67% 25.72%
% of Gross Profit 77.88% 79.69% 92.68%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $656.0M $2.824B $674.0M
YoY Change -2.67% 2.8% 2.9%
% of Gross Profit 8.95% 9.01% 9.57%
Operating Expenses $6.364B $27.79B $7.204B
YoY Change -11.66% -3.96% 23.17%
Operating Profit $965.0M $3.477B -$158.0M
YoY Change -710.76% 25.07% -129.42%
Interest Expense -$260.0M $571.0M $106.0M
YoY Change -345.28% 4.96% -24.29%
% of Operating Profit -26.94% 16.42%
Other Income/Expense, Net $10.00M -$34.00M $1.000M
YoY Change 900.0% -217.24% -50.0%
Pretax Income $715.0M $2.051B -$110.0M
YoY Change -750.0% -39.14% -128.21%
Income Tax $146.0M $385.0M -$34.00M
% Of Pretax Income 20.42% 18.77%
Net Earnings $569.0M $1.655B -$77.00M
YoY Change -838.96% -35.98% -123.55%
Net Earnings / Revenue 1.72% 1.2% -0.25%
Basic Earnings Per Share $2.20 -$0.10
Diluted Earnings Per Share $758.4K $2.17 -$0.10
COMMON SHARES
Basic Shares Outstanding 723.3M 744.0M 761.0M
Diluted Shares Outstanding 754.0M 761.0M

Balance Sheet

Concept 2022 Q1 2022 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.821B $1.821B $1.687B
YoY Change 7.94% 7.94% 322.81%
Cash & Equivalents $1.821B $1.821B $1.687B
Short-Term Investments
Other Short-Term Assets $1.742B $1.742B $1.972B
YoY Change -11.66% -11.66% 15.93%
Inventory $6.783B $6.783B $7.063B
Prepaid Expenses
Receivables $1.828B $1.828B $1.781B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $12.17B $12.17B $12.50B
YoY Change -2.63% -2.63% 14.81%
LONG-TERM ASSETS
Property, Plant & Equipment $30.48B $30.48B $29.18B
YoY Change 4.46% 4.46% 33.43%
Goodwill $3.076B $3.076B
YoY Change 0.0% 0.0%
Intangibles $942.0M $997.0M
YoY Change -5.52% -6.47%
Long-Term Investments
YoY Change
Other Assets $2.410B $2.410B $2.904B
YoY Change -17.01% -17.01% 88.69%
Total Long-Term Assets $36.91B $36.91B $36.16B
YoY Change 2.08% 2.08% 5.22%
TOTAL ASSETS
Total Short-Term Assets $12.17B $12.17B $12.50B
Total Long-Term Assets $36.91B $36.91B $36.16B
Total Assets $49.09B $49.09B $48.66B
YoY Change 0.87% 0.87% 7.53%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $7.117B $7.117B $6.679B
YoY Change 6.56% 6.56% 5.2%
Accrued Expenses $2.386B $2.386B $2.080B
YoY Change 14.71% 14.71% 17.85%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $451.0M $555.0M $844.0M
YoY Change -46.56% -39.08% -56.18%
Total Short-Term Liabilities $16.32B $16.32B $15.37B
YoY Change 6.23% 6.23% 7.88%
LONG-TERM LIABILITIES
Long-Term Debt $11.29B $12.81B $11.57B
YoY Change -2.35% 2.46% 2.08%
Other Long-Term Liabilities $2.059B $8.963B $2.660B
YoY Change -22.59% -7.62% 52.0%
Total Long-Term Liabilities $13.35B $21.77B $14.23B
YoY Change -6.14% -1.95% 8.76%
TOTAL LIABILITIES
Total Short-Term Liabilities $16.32B $16.32B $15.37B
Total Long-Term Liabilities $13.35B $21.77B $14.23B
Total Liabilities $39.66B $39.63B $39.11B
YoY Change 1.39% 1.4% 6.62%
SHAREHOLDERS EQUITY
Retained Earnings $24.07B $23.02B
YoY Change 4.55% 9.72%
Common Stock $3.657B $3.461B
YoY Change 5.66% 3.72%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $9.452B $9.452B $9.576B
YoY Change
Total Liabilities & Shareholders Equity $49.09B $49.09B $48.66B
YoY Change 0.87% 0.87% 7.53%

Cashflow Statement

Concept 2022 Q1 2022 2021 Q1
OPERATING ACTIVITIES
Net Income $569.0M $1.655B -$77.00M
YoY Change -838.96% -35.98% -123.55%
Depreciation, Depletion And Amortization $656.0M $2.824B $674.0M
YoY Change -2.67% 2.8% 2.9%
Cash From Operating Activities $1.399B $6.190B $918.0M
YoY Change 52.4% -9.17% 49.03%
INVESTING ACTIVITIES
Capital Expenditures -$606.0M -$2.614B -$803.0M
YoY Change -24.53% -8.76% 4.97%
Acquisitions
YoY Change
Other Investing Activities -$46.00M $150.0M $37.00M
YoY Change -224.32% 31.58% -268.18%
Cash From Investing Activities -$652.0M -$2.611B -$766.0M
YoY Change -14.88% -7.21% -2.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $1.475B
YoY Change 23.22%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.214B -3.445B -645.0M
YoY Change 88.22% 26.98% -2680.0%
NET CHANGE
Cash From Operating Activities 1.399B 6.190B 918.0M
Cash From Investing Activities -652.0M -2.611B -766.0M
Cash From Financing Activities -1.214B -3.445B -645.0M
Net Change In Cash -467.0M 134.0M -493.0M
YoY Change -5.27% -89.6% 237.67%
FREE CASH FLOW
Cash From Operating Activities $1.399B $6.190B $918.0M
Capital Expenditures -$606.0M -$2.614B -$803.0M
Free Cash Flow $2.005B $8.804B $1.721B
YoY Change 16.5% -9.05% 24.62%

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CY2022 us-gaap Fiscal Period
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<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:9pt;margin:0pt;"><i style="font-style:italic;">Fiscal Year</i></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt;">The Company’s fiscal year ends on the Saturday nearest January 31.  The last three fiscal years consist of the <span style="white-space:pre-wrap;">52</span><span style="white-space:pre-wrap;">-week periods ended January 29, 2022, January 30, 2021 and February 1, 2020.</span></p>
CY2020 us-gaap Fiscal Period Duration
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CY2022 us-gaap Fiscal Period Duration
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CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:9pt;margin:0pt;"><i style="font-style:italic;">Pervasiveness of Estimates</i></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt;"><span style="white-space:pre-wrap;">The preparation of financial statements in conformity with generally accepted accounting principles (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities. Disclosure of contingent assets and liabilities as of the date of the consolidated financial statements and the reported amounts of consolidated revenues and expenses during the reporting period is also required.  Actual results could differ from those estimates.</span></p>
CY2022Q1 us-gaap Percentage Of Lifo Inventory
PercentageOfLIFOInventory
0.91
CY2021Q1 us-gaap Percentage Of Lifo Inventory
PercentageOfLIFOInventory
0.92
CY2022Q1 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
1570000000
CY2021Q1 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
1373000000
CY2022 kr Effect Of Lifo Inventory Liquidation On Income Before Tax
EffectOfLifoInventoryLiquidationOnIncomeBeforeTax
-76000000
CY2022 us-gaap Effect Of Lifo Inventory Liquidation On Income
EffectOfLIFOInventoryLiquidationOnIncome
-58000000
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2824000000
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2747000000
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2649000000
CY2022 us-gaap Lessee Operating Lease Existence Of Option To Extend
LesseeOperatingLeaseExistenceOfOptionToExtend
true
CY2022 us-gaap Lessee Finance Lease Existence Of Option To Extend
LesseeFinanceLeaseExistenceOfOptionToExtend
true
CY2022 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
64000000
CY2021 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
70000000
CY2020 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
120000000
CY2022 kr Number Of Planned Store Closures
NumberOfPlannedStoreClosures
35
CY2022 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
66000000
CY2021 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
189000000
CY2020 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-69000000
CY2022 kr Self Insurance Expense
SelfInsuranceExpense
226000000
CY2021 kr Self Insurance Expense
SelfInsuranceExpense
262000000
CY2020 kr Self Insurance Expense
SelfInsuranceExpense
209000000
CY2022 kr Self Insurance Reserve Claim Payments
SelfInsuranceReserveClaimPayments
236000000
CY2021 kr Self Insurance Reserve Claim Payments
SelfInsuranceReserveClaimPayments
220000000
CY2020 kr Self Insurance Reserve Claim Payments
SelfInsuranceReserveClaimPayments
216000000
CY2022Q1 us-gaap Self Insurance Reserve
SelfInsuranceReserve
721000000
CY2021Q1 us-gaap Self Insurance Reserve
SelfInsuranceReserve
731000000
CY2020Q1 us-gaap Self Insurance Reserve
SelfInsuranceReserve
689000000
CY2019Q1 us-gaap Self Insurance Reserve
SelfInsuranceReserve
696000000
CY2021Q1 us-gaap Self Insurance Reserve
SelfInsuranceReserve
731000000
CY2020Q1 us-gaap Self Insurance Reserve
SelfInsuranceReserve
689000000
CY2022Q1 us-gaap Self Insurance Reserve Current
SelfInsuranceReserveCurrent
236000000
CY2021Q1 us-gaap Self Insurance Reserve Current
SelfInsuranceReserveCurrent
220000000
CY2020Q1 us-gaap Self Insurance Reserve Current
SelfInsuranceReserveCurrent
216000000
CY2022Q1 us-gaap Self Insurance Reserve Noncurrent
SelfInsuranceReserveNoncurrent
485000000
CY2021Q1 us-gaap Self Insurance Reserve Noncurrent
SelfInsuranceReserveNoncurrent
511000000
CY2020Q1 us-gaap Self Insurance Reserve Noncurrent
SelfInsuranceReserveNoncurrent
473000000
CY2022 kr Redemption Period For Gift Certificates
RedemptionPeriodForGiftCertificates
P12M
CY2022Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
185000000
CY2021Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
160000000
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
137888000000
CY2022 kr Percentage Of Total Sales
PercentageOfTotalSales
1
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
132498000000
CY2021 kr Percentage Of Total Sales
PercentageOfTotalSales
1
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
122286000000
CY2020 kr Percentage Of Total Sales
PercentageOfTotalSales
1
CY2022 us-gaap Advertising Expense
AdvertisingExpense
984000000
CY2021 us-gaap Advertising Expense
AdvertisingExpense
888000000
CY2020 us-gaap Advertising Expense
AdvertisingExpense
854000000
CY2022 kr Company Retail Operation Percent Of Sales
CompanyRetailOperationPercentOfSales
0.97
CY2022 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
CY2021Q1 us-gaap Goodwill
Goodwill
3076000000
CY2022Q1 us-gaap Goodwill
Goodwill
3076000000
CY2022Q1 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
5737000000
CY2021Q1 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
2661000000
CY2022Q1 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
1389000000
CY2022Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
447000000
CY2021Q1 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
1385000000
CY2021Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
388000000
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
59000000
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
67000000
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
85000000
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
51000000
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
39000000
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
34000000
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
31000000
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
10000000
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
2000000
CY2022Q1 kr Finite Lived Intangible Assets Total Future Estimated Amortization Expense
FiniteLivedIntangibleAssetsTotalFutureEstimatedAmortizationExpense
167000000
CY2022Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
49887000000
CY2021Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
46023000000
CY2022Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
26098000000
CY2021Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
23637000000
CY2022Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
23789000000
CY2021Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
22386000000
CY2022Q1 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
414000000
CY2021Q1 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
321000000
CY2022Q1 kr Net Book Value Property Plant And Equipment Collateralized Mortgages
NetBookValuePropertyPlantAndEquipmentCollateralizedMortgages
136000000
CY2021Q1 kr Net Book Value Property Plant And Equipment Collateralized Mortgages
NetBookValuePropertyPlantAndEquipmentCollateralizedMortgages
152000000
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
349000000
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
577000000
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
454000000
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-46000000
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
75000000
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-50000000
CY2022 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
303000000
CY2021 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
652000000
CY2020 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
404000000
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
67000000
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
133000000
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
70000000
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
15000000
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-3000000
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-5000000
CY2022 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
82000000
CY2021 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
130000000
CY2020 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
65000000
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
385000000
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
782000000
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
469000000
CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.013
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.032
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.030
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.026
CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.007
CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.015
CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements
EffectiveIncomeTaxRateReconciliationTaxSettlements
-0.031
CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements
EffectiveIncomeTaxRateReconciliationTaxSettlements
-0.001
CY2022 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.013
CY2021 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.008
CY2020 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.002
CY2020 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
0.012
CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.006
CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.003
CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.003
CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.003
CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.004
CY2020 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.004
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.188
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.232
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.237
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.188
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.232
CY2022 us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
-47000000
CY2022Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
560000000
CY2021Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
766000000
CY2022Q1 kr Deferred Tax Assets Lease Accounting
DeferredTaxAssetsLeaseAccounting
1926000000
CY2021Q1 kr Deferred Tax Assets Lease Accounting
DeferredTaxAssetsLeaseAccounting
1932000000
CY2022Q1 kr Deferred Tax Assets Closed Store Reserves
DeferredTaxAssetsClosedStoreReserves
46000000
CY2021Q1 kr Deferred Tax Assets Closed Store Reserves
DeferredTaxAssetsClosedStoreReserves
38000000
CY2022Q1 kr Deferred Tax Assets Operating Loss And Tax Credit Carryforwards
DeferredTaxAssetsOperatingLossAndTaxCreditCarryforwards
98000000
CY2021Q1 kr Deferred Tax Assets Operating Loss And Tax Credit Carryforwards
DeferredTaxAssetsOperatingLossAndTaxCreditCarryforwards
86000000
CY2022Q1 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
126000000
CY2021Q1 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
149000000
CY2022Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
36000000
CY2021Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
23000000
CY2022Q1 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
25000000
CY2021Q1 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
46000000
CY2022Q1 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
2817000000
CY2021Q1 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
3040000000
CY2022Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
72000000
CY2021Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
53000000
CY2022Q1 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
2745000000
CY2021Q1 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
2987000000
CY2022Q1 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
2006000000
CY2021Q1 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
2115000000
CY2022Q1 kr Deferred Tax Liabilities Operating Lease Assets
DeferredTaxLiabilitiesOperatingLeaseAssets
1790000000
CY2021Q1 kr Deferred Tax Liabilities Operating Lease Assets
DeferredTaxLiabilitiesOperatingLeaseAssets
1794000000
CY2022Q1 kr Deferred Tax Liabilities Insurance
DeferredTaxLiabilitiesInsurance
54000000
CY2022Q1 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Inventory Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedInventoryCosts
310000000
CY2021Q1 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Inventory Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedInventoryCosts
264000000
CY2022Q1 kr Deferred Tax Liabilities Equity Investments In Excess Of Tax Basis
DeferredTaxLiabilitiesEquityInvestmentsInExcessOfTaxBasis
147000000
CY2021Q1 kr Deferred Tax Liabilities Equity Investments In Excess Of Tax Basis
DeferredTaxLiabilitiesEquityInvestmentsInExcessOfTaxBasis
356000000
CY2022Q1 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
4307000000
CY2021Q1 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
4529000000
CY2022Q1 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
1562000000
CY2021Q1 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
1542000000
CY2022Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
72000000
CY2021Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
53000000
CY2020Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
55000000
CY2021Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
193000000
CY2020Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
174000000
CY2019Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
174000000
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
10000000
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
7000000
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
13000000
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
9000000
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
16000000
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
8000000
CY2022 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
108000000
CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
1000000
CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
19000000
CY2022 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
4000000
CY2021 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
4000000
CY2020 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
1000000
CY2022Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
100000000
CY2021Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
193000000
CY2020Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
174000000
CY2022Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
73000000
CY2021Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
85000000
CY2020Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
74000000
CY2022 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
-15000000
CY2021 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
7000000
CY2020 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
7000000
CY2022Q1 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
22000000
CY2021Q1 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
38000000
CY2020Q1 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
30000000
CY2020Q1 kr Deferred Social Security Tax Payment Period
DeferredSocialSecurityTaxPaymentPeriod
P2Y
CY2021Q1 kr Deferred Social Security Taxes
DeferredSocialSecurityTaxes
622000000
CY2022 kr Payment Of Deferred Social Security Taxes
PaymentOfDeferredSocialSecurityTaxes
311000000
CY2022Q1 us-gaap Long Term Debt
LongTermDebt
11745000000
CY2021Q1 us-gaap Long Term Debt
LongTermDebt
12410000000
CY2022Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
451000000
CY2021Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
844000000
CY2022Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
11294000000
CY2021Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
11566000000
CY2022Q1 kr Number Of Leased Propertied Acquired
NumberOfLeasedPropertiedAcquired
28
CY2022Q1 kr Lease Properties Acquired Purchase Price
LeasePropertiesAcquiredPurchasePrice
455000000
CY2022 kr Proceeds From Sale Of Leased Properties
ProceedsFromSaleOfLeasedProperties
621000000
CY2022 kr Proceeds From Finance Lease Arrangement
ProceedsFromFinanceLeaseArrangement
166000000
CY2022Q1 kr Lease Finance Right Of Use Asset Entered During Period
LeaseFinanceRightOfUseAssetEnteredDuringPeriod
455000000
CY2022Q1 kr Lease Finance Obligation Entered During Period
LeaseFinanceObligationEnteredDuringPeriod
621000000
CY2022Q1 us-gaap Lessee Finance Lease Term Of Contract1
LesseeFinanceLeaseTermOfContract1
P25Y
CY2022Q1 kr Lessee Finance Lease Renewal Number Of Options
LesseeFinanceLeaseRenewalNumberOfOptions
12
CY2022Q1 us-gaap Lessee Finance Lease Renewal Term1
LesseeFinanceLeaseRenewalTerm1
P5Y
CY2022Q1 kr Leased Properties Obligation To Repurchase Assets Price
LeasedPropertiesObligationToRepurchaseAssetsPrice
300000000
CY2022 kr Minimum Number Of Days Notice Required Prior To The Date Of Redemption
MinimumNumberOfDaysNoticeRequiredPriorToTheDateOfRedemption
P5D
CY2022Q1 kr Redemption Event Percentage
RedemptionEventPercentage
0.50
CY2022Q1 us-gaap Long Term Debt
LongTermDebt
11745000000
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
1387000000
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
8688000000
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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