Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.24.1.1.u2
Earnings Per Share (Tables)
3 Months Ended
May 04, 2024
Earnings Per Share [Abstract]  
Summary of Computation of Basic and Diluted Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share:
13 Weeks Ended
May 4, 2024 April 29, 2023
Net Income Shares Net Income Shares
(millions, except per share data)
Net income and average
number of shares outstanding
$ 62  275.2  $ 155  272.2 
Shares to be issued under
deferred compensation and other plans
0.9  0.9 
$ 62  276.1  $ 155  273.1 
Basic earnings per share $ 0.22  $ 0.57 
Effect of dilutive securities:
Stock options and restricted
stock units
4.9  4.7 
$ 62  281.0  $ 155  277.8 
Diluted earnings per share $ 0.22  $ 0.56