filings.toolsItem 6. SELECTED FINANCIAL DATA.
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Item 6. SELECTED FINANCIAL DATA.
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The following table presents our selected consolidated financial data for each of the last five fiscal years.
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| | | Fiscal Years Ended | ||||||||||||||
| | January 30, | February 1, | February 2, | February 3, | January 28, | |||||||||||
| | | 2021 | | 2020 | | 2019 | | 2018 | | 2017 | ||||||
| | | (52 weeks) | | (52 weeks) | | (52 weeks) | | (53 weeks) | | (52 weeks) | ||||||
| | | (In millions, except per share amounts) | ||||||||||||||
| Sales | | $ | 132,498 | | $ | 122,286 | | $ | 121,852 | | $ | 123,280 | | $ | 115,337 | |
| Net earnings including noncontrolling interests | | $ | 2,588 | | $ | 1,512 | | $ | 3,078 | | $ | 1,889 | | $ | 1,957 | |
| Net earnings attributable to The Kroger Co. | | $ | 2,585 | | $ | 1,659 | | $ | 3,110 | | $ | 1,907 | | $ | 1,975 | |
| Net earnings attributable to The Kroger Co. per diluted common share | | $ | 3.27 | | $ | 2.04 | | $ | 3.76 | | $ | 2.09 | | $ | 2.05 | |
| Total assets | | $ | 48,637 | | $ | 45,256 | | $ | 38,118 | | $ | 37,197 | | $ | 36,505 | |
| | | | | | | | | | | | | | | | | |
| Long-term liabilities, including obligations under finance leases | | $ | 23,717 | | $ | 22,440 | | $ | 16,009 | | $ | 16,095 | | $ | 16,935 | |
| Total shareholders’ equity — The Kroger Co. | | $ | 9,576 | | $ | 8,602 | | $ | 7,886 | | $ | 6,931 | | $ | 6,698 | |
| Cash dividends per common share | | $ | 0.68 | | $ | 0.60 | | $ | 0.53 | | $ | 0.49 | | $ | 0.45 | |
Note: This information should be read in conjunction with MD&A and the Consolidated Financial Statements.
Fiscal year 2016, 2018, 2019 and 2020 each include 52 weeks. Fiscal year 2017 includes 53 weeks.
Total assets and long-term liabilities, including obligations under finance leases, were impacted in 2019 by the adoption of ASU 2016-02, “Leases,” as further described in Notes 10 and 18 to the Consolidated Financial Statements. Prior period amounts were not adjusted and continue to be reported in accordance with our historic accounting policies.
Products and services related primarily to Kroger Personal Finance and Media, which were historically accounted for as an offset to operating, general and administrative expenses (“OG&A”), are classified as a component of sales as of the beginning of fiscal year 2019, except for certain amounts in Media, which are netted against merchandise costs. The prior-year amounts have been reclassified to conform to current-year presentation with the exception of 2016, which was not material and not adjusted for the sales reclassification.
Fiscal year ended February 2, 2019 includes the gain on sale of our convenience store business unit. Additionally, refer to Note 17 to the Consolidated Financial Statements for disclosure of disposals of businesses.
Refer to Note 2 to the Consolidated Financial Statements for disclosure of business combinations and their effect on the Consolidated Statements of Operations and the Consolidated Balance Sheets.
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