Net Income Per Share (Tables)

3 Months Ended

Feb. 02, 2020

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following is a reconciliation of the numerators and denominators of the basic and diluted net income per share computations for the periods presented:

	Fiscal Quarter Ended
	February 2, 2020		February 3, 2019
	(In millions, except per share data)
Numerator:
Income from continuing operations	$	380	$	481
Less: Dividends on preferred stock	74		—
Income from continuing operations attributable to common stock	306		481
Income (loss) from discontinued operations, net of income taxes, attributable to common stock	5		(10		)
Net income attributable to common stock	$	311	$	471

Denominator:
Weighted-average shares outstanding - basic	398		401
Dilutive effect of equity awards	22		18
Weighted-average shares outstanding - diluted	420		419
Basic income per share attributable to common stock:
Income per share from continuing operations	$	0.77	$	1.20
Income (loss) per share from discontinued operations	0.01		(0.03		)
Net income per share	$	0.78	$	1.17
Diluted income per share attributable to common stock:
Income per share from continuing operations	$	0.73	$	1.15
Income (loss) per share from discontinued operations	0.01		(0.03		)
Net income per share	$	0.74	$	1.12