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Earnings Per Share (Tables)
9 Months Ended
Oct. 28, 2016
Earnings Per Share  
Schedule of earnings per share, basic and diluted
The following table reconciles earnings per common share for the three and nine months ended October 28, 2016 and October 30, 2015:
 
Three Months Ended
 
Nine Months Ended
(In millions, except per share data)
October 28, 2016
 
October 30, 2015
 
October 28, 2016
 
October 30, 2015
Basic earnings per common share:
 
 
 
 
 
 
 
Net earnings attributable to Lowe’s Companies, Inc.
$
378

 
$
736

 
$
2,428

 
$
2,535

Less: Net earnings allocable to participating securities
(2
)
 
(3
)
 
(9
)
 
(12
)
Net earnings allocable to common shares, basic
$
376

 
$
733

 
$
2,419

 
$
2,523

Weighted average common shares outstanding
873

 
918

 
884

 
933

Basic earnings per common share
$
0.43

 
$
0.80

 
$
2.74

 
$
2.70

Diluted earnings per common share:
 
 
 
 
 
 
 
Net earnings attributable to Lowe’s Companies, Inc.
$
378

 
$
736

 
$
2,428

 
$
2,535

Less: Net earnings allocable to participating securities
(2
)
 
(3
)
 
(9
)
 
(12
)
Net earnings allocable to common shares, diluted
$
376

 
$
733

 
$
2,419

 
$
2,523

Weighted average common shares outstanding
873

 
918

 
884

 
933

Dilutive effect of non-participating share-based awards
1

 
3

 
2

 
2

Weighted average common shares, as adjusted
874

 
921

 
886

 
935

Diluted earnings per common share
$
0.43

 
$
0.80

 
$
2.73

 
$
2.70