Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

Earnings Per Share

9 Months Ended

Nov. 02, 2013

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



	13 Weeks Ended
	November 2, 2013					October 27, 2012
	Net Income				Shares	Net Income				Shares
	(millions, except per share data)
Net income and average number of shares outstanding	$	177			373.9	$	145			400.3
Shares to be issued under deferred compensation and other plans					0.9					1.0
	$	177			374.8	$	145			401.3
Basic earnings per share			$	0.47				$	0.36
Effect of dilutive securities:
Stock options, restricted stock and restricted stock units					5.4					6.6
	$	177			380.2	$	145			407.9
Diluted earnings per share			$	0.47				$	0.36



	39 Weeks Ended
	November 2, 2013					October 27, 2012
	Net Income				Shares	Net Income				Shares
	(millions, except per share data)
Net income and average number of shares outstanding	$	675			380.8	$	605			408.7
Shares to be issued under deferred compensation and other plans					1.0					1.2
	$	675			381.8	$	605			409.9
Basic earnings per share			$	1.77				$	1.48
Effect of dilutive securities:
Stock options, restricted stock and restricted stock units					6.2					6.6
	$	675			388.0	$	605			416.5
Diluted earnings per share			$	1.74				$	1.45

In addition to the stock options, restricted stock and restricted stock units reflected in the foregoing tables, stock options to purchase 6.6 million shares of common stock and restricted stock units relating to 1.8 million shares of common stock were outstanding at November 2, 2013, but were not included in the computation of diluted earnings per share for the 13 or 39 weeks ended November 2, 2013 because their inclusion would have been antidilutive or they were subject to performance conditions that had not been met.

In addition to the stock options, restricted stock and restricted stock units reflected in the foregoing tables, stock options to purchase 7.6 million shares of common stock and restricted stock units relating to 2.5 million shares of common stock were outstanding at October 27, 2012, but were not included in the computation of diluted earnings per share for the 13 or 39 weeks ended October 27, 2012 because their inclusion would have been antidilutive or they were subject to performance conditions that had not been met.

- Definition

The entire disclosure for earnings per share.

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