Annual report pursuant to Section 13 and 15(d)

Stock Based Compensation (Tables)

v3.23.1
Stock Based Compensation (Tables)
12 Months Ended
Jan. 28, 2023
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Components of Stock Based Compensation Expense
Stock-based compensation expense included the following components:
2022 2021 2020
(millions)
Stock options $ $ $
Restricted stock units 51  51  23 
$ 54  $ 55  $ 31 
Restricted Stock Units  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Activity Related to Restricted Stock and Restricted Stock Units
The weighted average grant date fair values of performance-based and time-based restricted stock units granted during 2022, 2021 and 2020 are as follows:
2022 2021 2020
Restricted stock units (performance-based) $ 25.32  $ 15.80  $ 6.24 
Restricted stock units (time-based) 24.01  17.88  6.96 
Schedule of Nonvested Restricted Stock Units Activity
Activity related to restricted stock units for 2022 is as follows:
Shares Weighted
Average
Grant Date
Fair Value
(thousands)
Nonvested, beginning of period 9,100 $ 10.87 
Granted – performance-based 627 25.32 
Performance adjustment 336 (7.30)
Granted – time-based 2,484 24.01 
Forfeited (496) 15.13 
Vested (4,445) 8.79 
Nonvested, end of period 7,606 $ 16.49