Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
ANDERSON BRADBURY H
   2. Issuer Name and Ticker or Trading Symbol
BEST BUY CO INC [BBY] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Vice Chairman & CEO
(Last)
(First)
(Middle)
7601 PENN AVENUE SOUTH		 3. Date of Earliest Transaction (Month/Day/Year)
12/28/2005
(Street)

RICHFIELD, MN 55423		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock               125,000 D (1)  
Common Stock 12/28/2005   J(3)   22,890 D $ 0 1,485,762 D  
Common Stock 08/11/2006   G V 10,016 D $ 0 1,475,746 D  
Common Stock 08/16/2006   G V 3,895 A $ 0 1,471,851 D  
Common Stock 12/05/2006   J V 36,126 A $ 0 1,507,977 D  
Common Stock 12/15/2006   G V 40,553 A $ 0 1,467,424 D  
Common Stock 12/05/2006   J(2) V 18,063 D $ 0 151,877 I GRAT
Common Stock 12/05/2006   J(2) V 18,063 D $ 0 151,877 I Spouse GRAT
Common Stock 12/28/2005   J(3)   22,890 A $ 0 22,890 I Family foundation
Common Stock 12/19/2006   S   1,568 D $ 47.8511 21,322 I Family Foundation
Common Stock               11,897 I 401(k)
Common Stock               337,839 I Family Limited Partnership
Common Stock               1,800 I Sons

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $ 1.42             04/18/1997 04/17/2007 Common Stock 900,000   900,000 D  
Stock Option (Right to Buy) $ 1.42             04/18/1997 04/17/2007 Common Stock 90,000   90,000 D  
Stock Option (Right to Buy) $ 7.64             04/24/1998 04/23/2008 Common Stock 540,000   540,000 D  
Stock Option (Right to Buy) $ 7.64             04/24/1998 04/23/2008 Common Stock 45,000   45,000 D  
Stock Option (Right to Buy) $ 23.19             04/16/1999 04/15/2009 Common Stock 135,000   135,000 D  
Stock Option (Right to Buy) $ 23.19             04/16/1999 04/15/2009 Common Stock 11,250   11,250 D  
Stock Option (Right to Buy) $ 31.17             04/14/2000 04/13/2010 Common Stock 360,000   360,000 D  
Stock Option (Right to Buy) $ 31.17             04/14/2000 04/13/2010 Common Stock 11,250   11,250 D  
Stock Option (Right to Buy) $ 24.71             04/27/2001 04/26/2011 Common Stock 337,500   337,500 D  
Stock Option (Right to Buy) $ 24.71             04/27/2001 04/26/2011 Common Stock 11,250   11,250 D  
Stock Option (Right to Buy) $ 34.18             04/11/2002 04/10/2012 Common Stock 337,500   337,500 D  
Stock Option (Right to Buy) $ 34.18             04/11/2002 04/10/2012 Common Stock 11,250   11,250 D  
Stock Option (Right to Buy) $ 19.11             01/16/2003 01/15/2013 Common Stock 112,500   112,500 D  
Stock Option (Right to Buy) $ 20.65             04/14/2003 04/13/2013 Common Stock 11,250   11,250 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
ANDERSON BRADBURY H
7601 PENN AVENUE SOUTH
RICHFIELD, MN 55423		   X     Vice Chairman & CEO  

Signatures

 /s/ Lisa Beth Lentini Attorney-in-fact for Bradbury H. Anderson   12/20/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The restricted shares reported on this Form 4 were authorized and granted to the reporting person by the Compensation and Human Resources Committee of the issuer's Board of Directors on May 18, 2006. They are the same shares that were erroneously reported on the reporting person's Form 4 filed April 11, 2006. The restricted shares will be earned upon the achievement of four company performance goals for the period February 26, 2006 to February 28, 2009 approved by the Committee, each of which account for 25% of the total eligible restricted shares. Because the value of these restricted shares is not tied solely to the market price of the issuer's securities, the grant of these restricted shares is not reportable until such date as the number of restricted shares earned can be determined. Accordingly, these restricted shares will not be reflected on the reporting person's future reports on Form 4 until such time as the restricted shares are earned.
(2) The amount reported represents a required distribution from the GRAT.
(3) Creation of the Anderson family foundation.

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