STOCKHOLDERS' EQUITY

3 Months Ended

May 03, 2026

Equity [Abstract]

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY

Stock Rollforward

The following table presents a reconciliation of the number of shares of our common stock outstanding and cash dividends per share:

shares in millions	Three Months Ended
	May 3, 2026		May 4, 2025
Common stock:
Shares at beginning of period	1,802		1,800
Shares issued under employee stock plans, net	1		1
Shares at end of period	1,803		1,801
Treasury stock:
Shares at beginning and end of period	(806)		(806)
Shares outstanding at end of period	997		995
Cash dividends per share	$	2.33	$	2.30

Share Repurchases

In August 2023, our Board of Directors (the “Board”) approved a $15.0 billion share repurchase authorization that replaced the previous authorization of $15.0 billion, which was approved in August 2022. The August 2023 authorization does not have a prescribed expiration date. In March 2024, we paused share repurchases and have not resumed share repurchase activity as of May 3, 2026. As of May 3, 2026, approximately $11.7 billion of the $15.0 billion share repurchase authorization remained available.