Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.23.1
Earnings Per Share (Tables)
3 Months Ended
Apr. 29, 2023
Earnings Per Share [Abstract]  
Summary of Computation of Basic and Diluted Earnings Per Share
The following tables set forth the computation of basic and diluted earnings per share:
13 Weeks Ended
April 29, 2023 April 30, 2022
Net Income Shares Net Income Shares
(millions, except per share data)
Net income and average number of
shares outstanding
$ 155  272.2  $ 286  282.6 
Shares to be issued under deferred
compensation and other plans
0.9  1.0 
$ 155  273.1  $ 286  283.6 
Basic earnings per share $ 0.57  $ 1.01 
Effect of dilutive securities:
Stock options and restricted
stock units
4.7  7.3 
$ 155  277.8  $ 286  290.9 
Diluted earnings per share $ 0.56  $ 0.98