EARNINGS PER COMMON SHARE

12 Months Ended

Feb. 02, 2013

EARNINGS PER COMMON SHARE

EARNINGS PER COMMON SHARE

9. EARNINGS PER COMMON SHARE

Net earnings attributable to The Kroger Co. per basic common share equals net earnings attributable to The Kroger Co. less income allocated to participating securities divided by the weighted average number of common shares outstanding.  Net earnings attributable to The Kroger Co. per diluted common share equals net earnings attributable to The Kroger Co. less income allocated to participating securities divided by the weighted average number of common shares outstanding, after giving effect to dilutive stock options.  The following table provides a reconciliation of net earnings attributable to The Kroger Co. and shares used in calculating net earnings attributable to The Kroger Co. per basic common share to those used in calculating net earnings attributable to The Kroger Co. per diluted common share:

	For the year endedFebruary 2, 2013					For the year endedJanuary 28, 2012					For the year endedJanuary 29, 2011
(in millions, except per share amounts)	Earnings(Numerator)		Shares(Denominator)	PerShareAmount		Earnings(Numerator)		Shares(Denominator)	PerShareAmount		Earnings(Numerator)		Shares(Denominator)	PerShareAmount
Net earnings attributable to The Kroger Co. per basic common share	$	1,485	533	$	2.78	$	598	590	$	1.01	$	1,109	635	$	1.75
Dilutive effect of stock options			4					3					3
Net earnings attributable to The Kroger Co. per diluted common share	$	1,485	537	$	2.77	$	598	593	$	1.01	$	1,109	638	$	1.74

The Company had undistributed and distributed earnings to participating securities totaling $12, $4 and $7 in 2012, 2011 and 2010, respectively.

For the years ended February 2, 2013, January 28, 2012 and January 29, 2011, there were options outstanding for approximately 12.2 million, 12.2 million and 21.2 million common shares, respectively, that were excluded from the computation of net earnings attributable to The Kroger Co. per diluted common share.  These shares were excluded because their inclusion would have had an anti-dilutive effect on EPS.