UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) October 26, 2005
Target Corporation
(Exact name of registrant as specified in its charter)
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Minnesota |
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1-6049 |
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41-0215170 |
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(State or other jurisdiction of incorporation) |
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(Commission File Number) |
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(I.R.S. Employer Identification No.) |
(Address of principal executive offices, including zip code)
(612) 304-6073
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
2003 Information
Item 8.01 Other Events
Target Corporation (the Company) elected to adopt the provisions of Statement of Financial Accounting Standards No. 123R, “Share-Based Payment” (SFAS No. 123R) under the modified retrospective transition method for the year ended January 29, 2005. SFAS No. 123R eliminates accounting for share-based compensation transactions using the intrinsic value method prescribed in APB Opinion No. 25, “Accounting for Stock Issued to Employees,” and requires instead that such transactions be accounted for using a fair-value-based method. Accordingly, all prior period financial statements have been restated to recognize compensation cost in the amounts previously reported in the Notes to the Consolidated Financial Statements under the provisions of SFAS No. 123, “Accounting for Stock-based Compensation.”
Included as exhibits to this document are
certain fiscal 2003 financial statements from the following previously filed
Form 8-K or Form 10-Qs (all of which already presented comparative financial
information for continuing operations) to recognize compensation cost under the
provisions of SFAS No. 123R: Form 8-K (filed September 16, 2004), Form 10-Q for
the quarterly period ended
July 31, 2004 and Form 10-Q for the quarterly period ended October 30,
2004. Additionally, certain financial
statements from the Company’s Form 10-K for the fiscal year ending January 29,
2005 are also included.
Item 9.01 Financial Statements and Exhibits
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(c) |
Exhibits |
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(99)A. |
Consolidated Results of Operations for the Three Months ended May 3, 2003, August 2, 2003, November 1, 2003 and January 31, 2004 and for the Year ended January 31, 2004. |
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(99)B. |
Consolidated Statements of Financial Position at May 3, 2003, August 2, 2003, November 1, 2003 and January 31, 2004. |
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(99)C. |
Credit Card Contribution from Continuing Operations for the Three Months ended May 3, 2003, August 2, 2003, November 1, 2003 and January 31, 2004 and for the Year ended January 31, 2004. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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TARGET CORPORATION |
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Date: October 26, 2005 |
/s/ Douglas A. Scovanner |
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Douglas A. Scovanner |
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Executive Vice President and Chief Financial Officer |
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Exhibit |
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Description |
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Method |
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(99)A. |
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Consolidated Results of Operations for the Three Months ended May 3, 2003, August 2, 2003, November 1, 2003 and January 31, 2004 and for the Year ended January 31, 2004. |
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Filed |
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(99)B. |
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Consolidated Statements of Financial Position at May 3, 2003, August 2, 2003, November 1, 2003 and January 31, 2004. |
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Filed |
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(99)C. |
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Credit Card Contribution from Continuing Operations for the Three Months ended May 3, 2003, August 2, 2003, November 1, 2003 and January 31, 2004 and for the Year ended January 31, 2004. |
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Filed |