J.C. Penney Summary Financials by Operating Segment ($Million)

	FY 1997	FY 1998	FY 1999	FY 2000
Department Stores and Catalog
Revenues	19,819	19,436	19,316	18,758
Operating Profit Before Tax	1,275	920	670	254
Assets	14,850	14,396	10,921	9,640
Depreciation & Amortization	366	380	386	360
Capital Expenditure	(464)	(460)	(346)	(361)
Eckerd Drugstores
Revenues	9,663	10,325	12,427	13,088
Operating Profit Before Tax	347	254	183	(76)
Assets	6,064	6,361	7,053	6,966
Depreciation & Amortization	112	139	193	213
Capital Expenditure	(341)	(283)	(376)	(317)
Corporate and Other
Assets	-	2,848	2,934	3,185
Depreciation & Amortization	101	112	125	122
Direct Marketing
Revenues	928	-	-	-
Operating Profit Before Tax	217	-	-	-
Assets	2,283	-	-	-
Depreciation & Amortization	5	-	-	-
Capital Expenditure	(5)	-	-	-