OVERALL:     How do you this company performed when comparing 2020 to 2019? (state at least 4 observations) 1           2           3           4       Consolidated Balance Sheets (USD $) 12/31/2020 Vertical Analysis 12/31/2019 Vertical Analysis Horizontal Analysis   In Millions, unless otherwise specified   Current Assets:             Cash and Cash Equivalents $1,723 4.31% $1,929 4.76% -10.68%   Receivables, net 1,484 3.72% 1,398 3.45% 6.15%   Merchandise Inventories 11,079 27.73% 11,057 27.29% 0.20%   Other Current Assets 1,016 2.54% 895 2.21% 13.52%   Total Current Assets 15,302 38.31% 15,279 37.71% 0.15%   Property and Equipment, at cost 38,513 96.41% 39,064 96.41% -1.41%   Less Accumulated Depreciation and Amortization 15,793 -39.54% 15,716 -38.79% 0.49%   Net Property and Equipment 22,720 56.88% 23,348 57.62% -2.69%   Goodwill 1,353 3.39% 1,289 3.18% 4.97%   Other Assets 571 1.43% 602 1.49% -5.15%   Total Assets 39,946 100.00% 40,518 100.00% -1.41%   Current Liabilities:             Short-Term Debt 290 0.73% 0       Accounts Payable 5,807 14.54% 5,797 14.31% 0.17%   Accrued Salaries and Related Expenses 1,391 3.48% 1,428 3.52% -2.59%   Sales Taxes Payable 434 1.09% 396 0.98% 9.60%   Deferred Revenue 1,468 3.67% 1,337 3.30% 9.80%   Income Taxes Payable 35 0.09% 12 0.03% 191.67%   Current Installments of Long-Term Debt 38 0.10% 33 0.08% 15.15%   Other Accrued Expenses 1,806 4.52% 1,746 4.31% 3.44%   Total Current Liabilities 11,269 28.21% 10,749 26.53% 4.84%   Long-Term Debt, excluding current installments 16,869 42.23% 14,691 36.26% 14.83%   Other Long-Term Liabilities 1,844 4.62% 2,042 5.04% -9.70%   Deferred Income Taxes 642 1.61% 514 1.27% 24.90%   Total Liabilities 30,624 76.66% 27,996 69.10% 9.39%                 STOCKHOLDERS' EQUITY             Common Stock, par value $0.05; authorized: 10 billion shares; issued: 1.768 billion shares at February 1, 2015 and 1.761 billion shares at February 2, 2014; outstanding: 1.307 billion shares at February 1, 2015 and 1.380 billion shares at February 2, 2014 88 0.22% 88 0.22% 0.00%   Paid-In Capital 8,885 22.24% 8,402 20.74% 5.75%   Retained Earnings 26,995 67.58% 23,180 57.21% 16.46%   Accumulated Other Comprehensive (Loss) Income -452 -1.13% 46 0.11% -1082.61%   Treasury Stock, at cost, 461 million shares at February 1, 2015 and 381 million shares at February 2, 2014 -26,194 -65.57% -19,194 -47.37% 36.47%   Total Stockholders’ Equity 9,322 23.34% 12,522 30.90% -25.56%   Total Liabilities and Stockholders' Equity $39,946 100.00% $40,518 100.00% -1.41%   Consolidated Statements of Earnings (USD $) 12 Months Ended     In Millions, except Per Share data, unless otherwise specified 12/31/2020 Vertical Analysis 12/31/2019 Vertical Analysis Horizontal Analysis Income Statement [Abstract]           NET SALES $83,176 100.00% $78,812 100.00% 5.54% Cost of Sales 54,222 65.19% 51,422 65.25% 5.45% GROSS PROFIT 28,954 34.81% 27,390 34.75% 5.71% Operating Expenses:           Selling, General and Administrative 16,834 20.24% 16,597 21.06% 1.43% Depreciation and Amortization 1,651 1.98% 1,627 2.06% 1.48% Total Operating Expenses 18,485 22.22% 18,224 23.12% 1.43% OPERATING INCOME 10,469 12.59% 9,166 11.63% 14.22% Interest and Other (Income) Expense:           Interest and Investment Income -337 -0.41% -12 -0.02% 2708.33% Interest Expense 830 1.00% 711 0.90% 16.74% Other 0 0.00% 0 0.00% 0.00% Interest and Other, net 493 0.59% 699 0.89% -29.47% EARNINGS BEFORE PROVISION FOR INCOME TAXES 9,976 11.99% 8,467 10.74% 17.82% Provision for Income Taxes 3,631 4.37% 3,082 3.91% 17.81% NET EARNINGS $6,345 7.63% $5,385 6.83% 17.83% Weighted Average Common Shares 1,338   1,425     BASIC EARNINGS PER SHARE $4.74   $3.78               Ratio Analysis   2020 Ratios     Current Ratio    = current asset / current liabilities = 15302 / 11269 = 1.35:1     Inventory Turnover Ratio    = inventory / cost of sales *365 = 11079 / 54222 * 365 = 75days     Debto to Equity Ratio    = debt / equity = 19355 / 9322 = 2.07     Return on Assets    =net income / total asset * 100 = 6345 / 39946 * 100 = 16 %     Asset Turnover Ratio    = sales / total assets = 83176 / 39946 = 2.08     Profit Margin Ratio    = (total revenue - total expenses) / total revenue = 83176-18485/83176= .78%     Gross Profit Ratio    = gross profit / sales * 100 = 28954 / 39946 * 100 = 72.4%