10-Q Filing

HOME DEPOT, INC. CIK: 354950 Q1 2019

Filing Information

Form Type	10-Q
Accession Number	`0000354950-19-000024`
Period End Date	20190430
Filing Date	20190529
Fiscal Year	2019
Fiscal Period	Q1
XBRL Instance	hd-20190505.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 34 Cash Flow Statement 62 Stockholders Equity 12 Comprehensive Income 12

Balance Sheet 76 line items

Line Item	Tag	Value	Unit	Period
Common Stock, par value	`CommonStockParOrStatedValuePerShare`	$0.05	USD	Point-in-time
Common Stock, par value	`CommonStockParOrStatedValuePerShare`	$0.05	USD	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	10.00B	shares	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	10.00B	shares	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	1.78B	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.60B	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	1.78B	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.88B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.60B	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	1.78B	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.78B	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	1.78B	shares	Point-in-time
Receivables, net	`AccountsReceivableNetCurrent`	$2.32B	USD	Point-in-time
Receivables, net	`AccountsReceivableNetCurrent`	$1.94B	USD	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	1.10B	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	1.15B	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	1.10B	shares	Point-in-time
Merchandise inventories	`InventoryNet`	$15.49B	USD	Point-in-time
Treasury Stock, shares	`TreasuryStockShares`	683.00M	shares	Point-in-time
Merchandise inventories	`InventoryNet`	$13.93B	USD	Point-in-time
Treasury Stock, shares	`TreasuryStockShares`	677.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$859.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$890.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$18.53B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$20.55B	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$22.38B	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$22.27B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$5.63B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	-	USD	Point-in-time
Goodwill	`Goodwill`	$2.25B	USD	Point-in-time
Goodwill	`Goodwill`	$2.25B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$847.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$813.00M	USD	Point-in-time
Total assets	`Assets`	$51.52B	USD	Point-in-time
Total assets	`Assets`	$44.00B	USD	Point-in-time
Short-term debt	`CommercialPaper`	$1.34B	USD	Point-in-time
Short-term debt	`CommercialPaper`	$372.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$7.75B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$10.31B	USD	Point-in-time
Accrued salaries and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$1.42B	USD	Point-in-time
Accrued salaries and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$1.51B	USD	Point-in-time
Sales taxes payable	`SalesAndExciseTaxPayableCurrent`	$656.00M	USD	Point-in-time
Sales taxes payable	`SalesAndExciseTaxPayableCurrent`	$789.00M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$1.78B	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$2.02B	USD	Point-in-time
Current installments of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$1.08B	USD	Point-in-time
Current installments of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$1.06B	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	-	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$793.00M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$2.62B	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$2.89B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$19.67B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$16.72B	USD	Point-in-time
Long-term debt, excluding current installments	`LongTermDebtAndCapitalLeaseObligations`	$26.81B	USD	Point-in-time
Long-term debt, excluding current installments	`LongTermDebtAndCapitalLeaseObligations`	$26.80B	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$5.14B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$2.36B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$2.04B	USD	Point-in-time
Total liabilities	`Liabilities`	$53.66B	USD	Point-in-time
Total liabilities	`Liabilities`	$45.88B	USD	Point-in-time
Common Stock, par value $0.05; authorized: 10,000 shares; issued: 1,784 at May 5, 2019 and 1,782 shares at February 3, 2019; outstanding: 1,101 shares at May 5, 2019 and 1,105 shares at February 3, 2019	`CommonStockValue`	$89.00M	USD	Point-in-time
Common Stock, par value $0.05; authorized: 10,000 shares; issued: 1,784 at May 5, 2019 and 1,782 shares at February 3, 2019; outstanding: 1,101 shares at May 5, 2019 and 1,105 shares at February 3, 2019	`CommonStockValue`	$89.00M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$10.59B	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$10.58B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$46.42B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$47.46B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-835.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-772.00M	USD	Point-in-time
Treasury Stock, at cost, 683 shares at May 5, 2019 and 677 shares at February 3, 2019	`TreasuryStockValue`	$58.20B	USD	Point-in-time
Treasury Stock, at cost, 683 shares at May 5, 2019 and 677 shares at February 3, 2019	`TreasuryStockValue`	$59.45B	USD	Point-in-time
Total stockholders (deficit) equity	`StockholdersEquity`	$1.69B	USD	Point-in-time
Total stockholders (deficit) equity	`StockholdersEquity`	$-1.88B	USD	Point-in-time
Total stockholders (deficit) equity	`StockholdersEquity`	$-2.14B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$51.52B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$44.00B	USD	Point-in-time

Income Statement 34 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$24.95B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$26.38B	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$16.33B	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$17.36B	USD	1 Quarter
Gross profit	`GrossProfit`	$8.62B	USD	1 Quarter
Gross profit	`GrossProfit`	$9.02B	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$4.94B	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$4.78B	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$480.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$457.00M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$5.24B	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$5.42B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$3.38B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$3.60B	USD	1 Quarter
Interest and investment income	`InvestmentIncomeInterestAndDividend`	$15.00M	USD	1 Quarter
Interest and investment income	`InvestmentIncomeInterestAndDividend`	$22.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$261.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$288.00M	USD	1 Quarter
Interest and other, net	`NonoperatingIncomeExpense`	$-239.00M	USD	1 Quarter
Interest and other, net	`NonoperatingIncomeExpense`	$-273.00M	USD	1 Quarter
Earnings before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$3.32B	USD	1 Quarter
Earnings before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$3.14B	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$738.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$811.00M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$2.40B	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$2.51B	USD	1 Quarter
Basic weighted average common shares	`WeightedAverageNumberOfSharesOutstandingBasic`	1.15B	shares	1 Quarter
Basic weighted average common shares	`WeightedAverageNumberOfSharesOutstandingBasic`	1.10B	shares	1 Quarter
Basic earnings per share	`EarningsPerShareBasic`	$2.09	USD	1 Quarter
Basic earnings per share	`EarningsPerShareBasic`	$2.28	USD	1 Quarter
Diluted weighted average common shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.11B	shares	1 Quarter
Diluted weighted average common shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.16B	shares	1 Quarter
Diluted earnings per share	`EarningsPerShareDiluted`	$2.08	USD	1 Quarter
Diluted earnings per share	`EarningsPerShareDiluted`	$2.27	USD	1 Quarter

Cash Flow Statement 62 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$2.40B	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$2.51B	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$547.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$532.00M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$86.00M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$84.00M	USD	1 Quarter
Changes in receivables, net	`IncreaseDecreaseInReceivables`	$391.00M	USD	1 Quarter
Changes in receivables, net	`IncreaseDecreaseInReceivables`	$319.00M	USD	1 Quarter
Changes in merchandise inventories	`IncreaseDecreaseInRetailRelatedInventories`	$1.59B	USD	1 Quarter
Changes in merchandise inventories	`IncreaseDecreaseInRetailRelatedInventories`	$1.69B	USD	1 Quarter
Changes in other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-32.00M	USD	1 Quarter
Changes in other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$250.00M	USD	1 Quarter
Changes in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.53B	USD	1 Quarter
Changes in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.49B	USD	1 Quarter
Changes in deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$236.00M	USD	1 Quarter
Changes in deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$208.00M	USD	1 Quarter
Changes in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$554.00M	USD	1 Quarter
Changes in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$547.00M	USD	1 Quarter
Changes in deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-5.00M	USD	1 Quarter
Changes in deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$9.00M	USD	1 Quarter
Other operating activities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$61.00M	USD	1 Quarter
Other operating activities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-91.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$3.98B	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$4.58B	USD	1 Quarter
Capital expenditures, net of non-cash capital expenditures	`PaymentsToAcquireProductiveAssets`	$681.00M	USD	1 Quarter
Capital expenditures, net of non-cash capital expenditures	`PaymentsToAcquireProductiveAssets`	$556.00M	USD	1 Quarter
Proceeds from sales of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$6.00M	USD	1 Quarter
Proceeds from sales of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$8.00M	USD	1 Quarter
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$13.00M	USD	1 Quarter
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-688.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-548.00M	USD	1 Quarter
Repayments of short-term debt, net	`ProceedsFromRepaymentsOfCommercialPaper`	$-1.21B	USD	1 Quarter
Repayments of short-term debt, net	`ProceedsFromRepaymentsOfCommercialPaper`	$-967.00M	USD	1 Quarter
Repayments of long-term debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$10.00M	USD	1 Quarter
Repayments of long-term debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$15.00M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$1.12B	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$1.37B	USD	1 Quarter
Proceeds from sales of common stock	`ProceedsFromIssuanceOfCommonStock`	$14.00M	USD	1 Quarter
Proceeds from sales of common stock	`ProceedsFromIssuanceOfCommonStock`	$34.00M	USD	1 Quarter
Cash dividends	`PaymentsOfDividendsCommonStock`	$1.50B	USD	1 Quarter
Cash dividends	`PaymentsOfDividendsCommonStock`	$1.19B	USD	1 Quarter
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$115.00M	USD	1 Quarter
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$40.00M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.77B	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.40B	USD	1 Quarter
Change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$112.00M	USD	1 Quarter
Change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$33.00M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-29.00M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-8.00M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.60B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.88B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.60B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.78B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$3.60B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.88B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$3.60B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.78B	USD	Point-in-time
Cash paid for interest, net of interest capitalized	`InterestPaidNet`	$345.00M	USD	1 Quarter
Cash paid for interest, net of interest capitalized	`InterestPaidNet`	$339.00M	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaid`	$119.00M	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaid`	$87.00M	USD	1 Quarter

Stockholders Equity 12 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period	`StockholdersEquity`	$1.69B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$-1.88B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$-2.14B	USD	Point-in-time
Net Earnings	`NetIncomeLoss`	$2.40B	USD	1 Quarter
Net Earnings	`NetIncomeLoss`	$2.51B	USD	1 Quarter
Cash flow hedges, net of tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$28.00M	USD	1 Quarter
Cash flow hedges, net of tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$2.00M	USD	1 Quarter
Other	`OtherComprehensiveIncomeLossOtherBeforeTax`	$18.00M	USD	1 Quarter
Other	`OtherComprehensiveIncomeLossOtherBeforeTax`	$9.00M	USD	1 Quarter
Balance at end of period	`StockholdersEquity`	$1.69B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$-1.88B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$-2.14B	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$2.40B	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$2.51B	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-76.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-43.00M	USD	1 Quarter
Cash flow hedges, net of tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$28.00M	USD	1 Quarter
Cash flow hedges, net of tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$2.00M	USD	1 Quarter
Other	`OtherComprehensiveIncomeLossOtherBeforeTax`	$18.00M	USD	1 Quarter
Other	`OtherComprehensiveIncomeLossOtherBeforeTax`	$9.00M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-30.00M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-32.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$2.37B	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$2.48B	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.