Earnings Per Share (Tables)

6 Months Ended

Jul. 29, 2023

The following tables set forth the computation of basic and diluted earnings (loss) per share:


	13 Weeks Ended
	July 29, 2023					July 30, 2022
	Net Loss				Shares	Net Income				Shares
	(millions, except per share data)
Net income (loss) and average number of shares outstanding	$	(22)			272.8	$	275			270.1
Shares to be issued under deferred compensation and other plans					1.0					1.0
	$	(22)			273.8	$	275			271.1
Basic earnings (loss) per share			$	(0.08)				$	1.01
Effect of dilutive securities:
Stock options and restricted stock units					—					6.3
	$	(22)			273.8	$	275			277.4
Diluted earnings (loss) per share			$	(0.08)				$	0.99

	26 Weeks Ended
	July 29, 2023					July 30, 2022
	Net Income				Shares	Net Income				Shares
	(millions, except per share data)
Net income and average number of shares outstanding	$	133			272.5	$	561			276.3
Shares to be issued under deferred compensation and other plans					1.0					1.0
	$	133			273.5	$	561			277.3
Basic earnings per share			$	0.49				$	2.02
Effect of dilutive securities:
Stock options and restricted stock units					4.3					6.8
	$	133			277.8	$	561			284.1
Diluted earnings per share			$	0.48				$	1.97