Item 6. Selected Financial Data

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Item 6. Selected Financial Data

Selected Statement of Earnings Data (In millions, except per share data)20172016 1, 2201520142013
Net sales$68,619$65,017$59,074$56,223$53,417
Gross margin23,40922,46420,57019,55818,476
Operating income6,5865,8464,9714,7924,149
Net earnings3,4473,0932,5462,6982,286
Basic earnings per common share4.093.482.732.712.14
Diluted earnings per common share4.093.472.732.712.14
Dividends per share$1.58$1.33$1.07$0.87$0.70
Selected Balance Sheet Data
Total assets$35,291$34,408$31,266$31,721$32,471
Long-term debt, excluding current maturities$15,564$14,394$11,545$10,806$10,077
1Fiscal 2016 contained 53 weeks, while all other years contained 52 weeks.

2 Fiscal 2016 includes the acquisition of RONA inc. See Note 2 to the consolidated financial statements included in this Annual Report.

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