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Earnings (Loss) Per Share and Shareholders' Equity (Tables)
3 Months Ended
May 03, 2025
Earnings Per Share [Abstract]  
Shares Utilized for the Calculation of Basic and Diluted Earnings Per Share
The following table provides the weighted-average shares utilized for the calculation of basic and diluted net loss per share for the first quarter of 2025 and 2024:
First Quarter
20252024
(in millions)
Common Shares79 78 
Treasury Shares— — 
Basic Shares79 78 
Effect of Dilutive Awards (a)(b)— — 
Diluted Shares79 78 
Anti-dilutive Awards (a)
 _______________
(a)Shares underlying certain restricted stock units, performance share units and options were excluded from the calculation of net loss per diluted share because their inclusion would have been anti-dilutive.
(b)For the first quarter of 2025 and 2024, shares underlying outstanding restricted stock units, performance share units and options were excluded from dilutive shares as a result of the Company’s net loss for those periods.