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Quarterly Financial Data (Unaudited)
12 Months Ended
Jan. 31, 2015
Quarterly Financial Data [Abstract]  
Quarterly Financial Data (Unaudited)
Quarterly Financial Data (Unaudited)
The following table provides summarized quarterly financial data for 2014:
 
Fiscal Quarter Ended
 
May 3,
2014
 
August 2,
2014
 
November 1,
2014
 
January 31,
2015
 
(in millions except per share data)
Net Sales
$
2,391

 
$
2,675

 
$
2,319

 
$
4,069

Gross Profit
982

 
1,044

 
947

 
1,835

Operating Income
336

 
376

 
284

 
957

Income Before Income Taxes
255

 
296

 
205

 
880

Net Income
157

 
188

 
132

 
565

Net Income Per Basic Share (a)
$
0.54

 
$
0.65

 
$
0.45

 
$
1.93

Net Income Per Diluted Share (a)
$
0.53

 
$
0.63

 
$
0.44

 
$
1.89

 ________________
(a)
Due to changes in stock prices during the year and timing of issuances and repurchases of shares, the cumulative total of quarterly net income per share amounts may not equal the net income per share for the year.
The following table provides summarized quarterly financial data for 2013:
 
Fiscal Quarter Ended
 
May 4,
2013
 
August 3,
2013
 
November 2,
2013
 
February 1,
2014
 
(in millions except per share data)
Net Sales
$
2,268

 
$
2,516

 
$
2,171

 
$
3,818

Gross Profit
941

 
989

 
857

 
1,642

Operating Income
311

 
358

 
211

 
863

Income Before Income Taxes
235

 
282

 
142

 
787

Net Income
143

 
178

 
92

 
490

Net Income Per Basic Share (a)
$
0.49

 
$
0.62

 
$
0.32

 
$
1.69

Net Income Per Diluted Share (a)
$
0.48

 
$
0.61

 
$
0.31

 
$
1.65

________________
(a)
Due to changes in stock prices during the year and timing of issuances and repurchases of shares, the cumulative total of quarterly net income per share amounts may not equal the net income per share for the year.