XML 40 R22.htm IDEA: XBRL DOCUMENT v3.25.4
Shareholders' Equity (Deficit)
 12 Months Ended
Jan. 31, 2026
Stockholders' Equity Note [Abstract]  
Shareholders' Equity (Deficit) Shareholders’ Equity (Deficit)
Common Stock Repurchases and Retirements
Under the authority of the Company’s Board, the Company repurchased shares of its common stock under the following repurchase programs during 2025 and 2024:

Repurchase
Program		Amount
Authorized		Shares
Repurchased		Amount
Repurchased		Average Stock Price
202520242025202420252024
(in millions)(in thousands)(in millions)
February 2022$1,500 NA842 NA$39 NA$46.08 
January 2024500 460 9,583 $17 361 $37.67 37.70 
January 2025500 14,612 NA383 NA26.19NA
Total15,072 10,425 $400 $400 

There were share repurchases of $1 million reflected in Accounts Payable on the Consolidated Balance Sheet as of February 1, 2025. On February 27, 2025, the Company cancelled the remaining $121 million authorization available under the January 2024 Program and began repurchasing shares under the January 2025 Program.
The January 2025 Program had $117 million and $500 million of remaining authority as of January 31, 2026 and February 1, 2025, respectively. There were no share repurchases reflected in Accounts Payable on the Consolidated Balance Sheet as of January 31, 2026.
Shares repurchased under these programs are retired and cancelled upon repurchase. As a result, the Company retired the 15.072 million and 10.425 million shares repurchased during 2025 and 2024, respectively.
Dividends
The Company paid the following dividends during 2025, 2024 and 2023:
Ordinary DividendsTotal Paid
(per share)(in millions)
2025
First Quarter$0.20 $43 
Second Quarter0.20 42 
Third Quarter0.20 41 
Fourth Quarter0.20 41 
2025 Total
$0.80 $167 
2024
First Quarter$0.20 $45 
Second Quarter0.20 45 
Third Quarter0.20 44 
Fourth Quarter0.20 43 
2024 Total
$0.80 $177 
2023
First Quarter$0.20 $46 
Second Quarter0.20 46 
Third Quarter0.20 45 
Fourth Quarter0.20 45 
2023 Total
$0.80 $182 
On March 6, 2026, the Company paid its first quarter 2026 ordinary dividend of $0.20 per share to stockholders of record at the close of business on February 20, 2026.