SCORECARD A LOOK AT THE NUMBERS FISCAL YEAR  2014  2013  % CHANGE Net sales  $13,110 $12,166  7.8 Earnings before interest and income taxes (EBIT) 1,323 1,350  (2.0) Net earnings  720 734  (1.9) Earnings per diluted share  3.72 3.71  0.3 Cash dividends paid per share  1.32 1.20  10.0 nordstrom.com/companyreview 13,110 11,762 10,497 9,310 12,166 ’10 ’11 ’12 ’13 ’14 NET SALES ($) ’10 ’11 ’12 ’13 ’14 NET SALES PERCENTAGE INCREASE 12.7 12.7 12.1 3.4 7.8 493 413 372 394 417 470 431 397 474 408 ’10 ’11 ’12 ’13 ’14 COMPARABLE SALES PERCENTAGE INCREASE ’10 ’11 ’12 ’13 ’14 8.1 7.2 7.3 2.5 4.0 SALES PER SQUARE FOOT AND 4-WALL SALES PER SQUARE FOOT ($)* 4-Wall Sales Per Square Foot Sales Per Square Foot 1,350 1,323 1,249 1,118 1,345 ’10 ’11 ’12 ’13 ’14 EARNINGS BEFORE INTEREST AND INCOME TAXES (EBIT) ($)  4.67 5.07 5.56 5.56 5.37 ’10 ’11 ’12 ’13 ’14 INVENTORY TURN** 1,220 1,320 1,177 1,177 1,110 ’10 ’11 ’12 ’13 ’14 CASH FLOW FROM OPERATIONS ($) ’10 ’11 ’12 ’13 ’14 12.6 8.1 13.6 8.7 13.3 13.6 8.6 8.7 13.9 8.9 RETURN ON ASSETS AND RETURN ON INVESTED CAPITAL (ROIC) (%)*** Return on Assets  Return on Invested Capital *4-wall sales per square foot is calculated as sales for Nordstrom U.S. full-line stores, Nordstrom Rack stores, Jeffrey boutiques, our Canada full-line store, Last Chance and Trunk Club showrooms divided by their weighted-average square footage.  **Inventory Turn is calculated as annual cost of sales and related buying and occupancy costs (for all segments) divided by 4-quarter average inventory. Our inventory turnover rate decreased in 2012, 2013 and 2014 primarily due to increasing our investment in pack and hold inventory beginning in 2012, which helped fuel the growth of Nordstrom Rack. ***See Return on Invested Capital (ROIC) Non-GAAP financial measure on page 26 for additional information and reconciliation to the most directly comparable GAAP financial measure. Dollars in millions except per share and per square foot amounts.