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Required: 1. What amount of net income was reported (in millions) for the year ended February 2, 2020 ? $110,225 $15,843 $11,242 $11,121 2. What amount of sales revenue (in millions) was earned for the year ended February 2,2020 $110,225 $15,843 $11,242 $11,121 3. What was the cost (in millions) of the company's inventory on February 2,2020 ? $2,133 $14,531 $13,925 $7,787 4. How much cash (in millions) does The Home Depot have on February 2, 2020 ? $2,133 $1.778 $3.595 THE HOME DEPOT, INC. CONSOLDATED BALANCE SHEETS THE HOME DEPOT, INC. CONSOLIDATED STATEMENTS OF EARNINGS \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multirow{2}{*}{ In millions, except per share dints } & \multicolumn{2}{|r|}{\begin{tabular}{l} Flscal \\ 2019 \end{tabular}} & \multicolumn{2}{|r|}{\begin{tabular}{l} Fiscal \\ 2018 \end{tabular}} & \multicolumn{2}{|r|}{\begin{tabular}{l} Flacal \\ 2017 \end{tabular}} \\ \hline & $ & 110,225 & $ & 108,203 & $ & 100,904 \\ \hline \begin{tabular}{l} Net seles \\ Cost of sales \end{tabular} & & 72,653 & & 71,043 & & 66,548 \\ \hline \begin{tabular}{l} Cost of sales \\ Gross profit \end{tabular} & & 37,572 & & 37,160 & & 34,356 \\ \hline \begin{tabular}{l} Gross profit \\ Operating expenses: \end{tabular} & & & & & & \\ \hline \begin{tabular}{l} Operating expenses: \\ Selling, general and administrative \end{tabular} & & 19,740 & & 19,513 & & 17,864 \\ \hline \begin{tabular}{l} Selling, general and administrative \\ Depreciation and amortization \end{tabular} & & 1,989 & & 1,870 & & 1,811 \\ \hline \begin{tabular}{l} Depreciation and amortization \\ Impairment loss \end{tabular} & & & & 247 & & = \\ \hline \begin{tabular}{l} Impairment loss \\ Total operating expenses \end{tabular} & & 21,729 & & 21,630 & & 19,675 \\ \hline Operating income & & 15,843 & & 15,530 & & 14,681 \\ \hline Interest and other (income) expense: & & & & & & \\ \hline Interest and investment income & & (73) & & (93) & & (74) \\ \hline Interest expense & & 1,201 & & 1,051 & & 1,057 \\ \hline Other & & - & & 16. & & = \\ \hline Interest and other, net & & 1,128 & & 974 & & 983. \\ \hline Earnings before provision for income taxes & & 14,715 & & 14,556 & & 13,698 \\ \hline Provision for income taxes & & 3,473 & - & 3,435 & & 5,068 \\ \hline Net earnings & $ & 11,242 & $ & 11,121 & $ & 8,630 \\ \hline Basic weighted average common shares & & 1,093 & & 1,137 & & 1,178 \\ \hline Basic earnings per share & $ & 10.29 & $ & 9.78 & $ & 7.33 \\ \hline Diluted weighted average common shares & & 1,097 & & 1,143 & & 1,184 \\ \hline Diluted earnings per share & s & 10.25 & $ & 9.73 & $ & 7.29 \\ \hline \end{tabular} Fiscal 2019 and fiscal 2017 include 52 weeks. Fiscal 2018 includes 53 weeks. See accompanying notos to consolidated financial staternents

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