Earnings per Share

3 Months Ended

May 01, 2021

Earnings per Share [Abstract]

Earnings per Share

8. Earnings per Share

We compute our basic earnings per share based on the weighted-average number of common shares outstanding and our diluted earnings per share based on the weighted-average number of common shares outstanding adjusted by the number of additional shares that would have been outstanding had potentially dilutive common shares been issued.

Reconciliations of the numerators and denominators of basic and diluted earnings per share were as follows ($ and shares in millions, except per share amounts):

	Three Months Ended
	May 1, 2021		May 2, 2020
Numerator
Net earnings	$	595	$	159
Denominator
Weighted-average common shares outstanding		253.1		258.3
Dilutive effect of stock compensation plan awards		3.6		2.1
Weighted-average common shares outstanding, assuming dilution		256.7		260.4
Potential shares which were anti-dilutive and excluded from weighted-average share computations		1.1		0.6
Basic earnings per share	$	2.35	$	0.61
Diluted earnings per share	$	2.32	$	0.61