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Earnings Per Share (Tables)
 12 Months Ended
Feb. 03, 2017
Earnings Per Share  
Schedule of earnings per share, basic and diluted
The following table reconciles earnings per common share for 2016, 2015 and 2014:
(In millions, except per share data)
2016

 
2015

 
2014

Basic earnings per common share:
 
 
 
 
 
Net earnings attributable to Lowe's Companies, Inc.
$
3,091

 
$
2,546

 
$
2,698

Less: Net earnings allocable to participating securities
(11
)
 
(12
)
 
(16
)
Less: Premium paid to acquire noncontrolling interest
(18
)
 
—

 
—

Net earnings allocable to common shares, basic
$
3,062

 
$
2,534

 
$
2,682

Weighted-average common shares outstanding
880

 
927

 
988

Basic earnings per common share
$
3.48

 
$
2.73

 
$
2.71

Diluted earnings per common share:
 
 
 
 
 
Net earnings attributable to Lowe's Companies, Inc.
$
3,091

 
$
2,546

 
$
2,698

Less: Net earnings allocable to participating securities
(11
)
 
(12
)
 
(16
)
Less: Premium paid to acquire noncontrolling interest
(18
)
 
—

 
—

Net earnings allocable to common shares, diluted
$
3,062

 
$
2,534

 
$
2,682

Weighted-average common shares outstanding
880

 
927

 
988

Dilutive effect of non-participating share-based awards
1

 
2

 
2

Weighted-average common shares, as adjusted
881

 
929

 
990

Diluted earnings per common share
$
3.47

 
$
2.73

 
$
2.71