Target (TGT) 8-K Other Events

Exhibit 99.C

Target Corporation

(Millions)

(Unaudited)

CREDIT CARD CONTRIBUTION OF CONTINUING OPERATIONS

	Three Months Ended
	May 1, 2004		July 31, 2004		October 30, 2004		January 29, 2005		Year Ended January 29, 2005
Revenues
Finance charges, late fees and other revenues	$	251	$	256	$	264	$	288	$	1,059
Merchant fees
Intracompany	14		14		15		22		65
Third-party	20		23		26		29		98
Total revenues	285		293		305		339		1,222
Expenses
Bad debt	111		105		111		124		451
Operations and marketing	63		68		74		81		286
Total expenses	174		173		185		205		737
Pre-tax credit card contribution	$	111	$	120	$	120	$	134	$	485
As a percent of total average receivables (annualized)	9.2%		10.3%		10.0%		10.2%		9.8%

ALLOWANCE FOR DOUBTFUL ACCOUNTS

	Three Months Ended
	May 1, 2004			July 31, 2004			October 30, 2004			January 29, 2005
Allowance at beginning of period	$	352		$	349		$	351		$	363
Bad debt provision	111			105			111			124
Net write-offs	(114		)	(103		)	(99		)	(100		)
Allowance at end of period	$	349		$	351		$	363		$	387
As a percent of period-end receivables	7.4%			7.4%			7.4%			7.1%

SUPPLEMENTAL DATA

	May 1, 2004		July 31, 2004		October 30, 2004		January 29, 2005
Period-end receivables	$	4,689	$	4,716	$	4,914	$	5,456
Total past due as a percent of period-end receivables *	3.9%		3.8%		3.8%		3.5%

* Accounts with three or more payments past due.

	Three Months Ended
	May 1, 2004		July 31, 2004		October 30, 2004		January 29, 2005		Year Ended January 29, 2005
Total revenues as a percent of average receivables (annualized):	23.7%		25.0%		25.3%		25.7%		24.8%
Net write-offs as a percent of average receivables (annualized):	9.5%		8.8%		8.2%		7.6%		8.4%
Total average receivables	$	4,798	$	4,697	$	4,821	$	5,278	$	4,927