CONSOLIDATED RESULTS OF OPERATIONS (millions, except per share data) 2003 2002 2001 Sales $46,781 $42,722 $39,114 Net credit card revenues 1,382 1,195 712 Total revenues 48,163 43,917 39,826 Cost of sales 31,790 29,260 27,143 Selling, general and administrative expense 10,696 9,416 8,461 Credit card expense 838 765 463 Depreciation and amortization 1,320 1,212 1,079 Interest expense 559 588 473 Earnings before income taxes 2,960 2,676 2,207 Provision for income taxes 1,119 1,022 839 Net earnings $ 1,841 $ 1,654 $ 1,368 Basic earnings per share $ 2.02 $ 1.82 $ 1.52 Diluted earnings per share $ 2.01 $ 1.81 $ 1.50 Weighted average common shares outstanding: Basic 911.0 908.0 901.5 Diluted 917.1 914.0 909.8 See Notes to Consolidated Financial Statements throughout pages 30-39. 26