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Computation of Earnings per Common Share
 3 Months Ended
Apr. 29, 2017
Earnings Per Share [Abstract]  
Computation of Earnings per Common Share
Computation of Earnings per Common Share
 
The computation of basic and diluted earnings per share for the first quarter of 2017 and 2016 is as follows (in millions, except per share data):
 
13 Weeks Ended
 
April 29, 2017
 
April 30, 2016
Numerator:
 
 
 
 Income from continuing operations
$
105

 
$
60

 Loss from discontinued operations
(920
)
 
(19
)
Net (loss) income
$
(815
)
 
$
41

 
 
 
 
Denominator:
 
 
 
Weighted-average common shares outstanding
653

 
646

Effect of dilutive securities:
 
 
 
Restricted shares (including performance-based awards)
4

 
3

Weighted-average common shares outstanding assuming dilution
657

 
649

 
 
 
 
Basic Earnings per share
 
 
 
Continuing operations
$
0.16

 
$
0.09

Discontinued operations
(1.41
)
 
(0.03
)
Consolidated operations
$
(1.25
)
 
$
0.06

 
 
 
 
Diluted Earnings Per Share:
 
 
 
Continuing operations
$
0.16

 
$
0.09

Discontinued operations
(1.40
)
 
(0.03
)
Consolidated operations
$
(1.24
)
 
$
0.06


 
For the first quarter of 2017 and 2016, approximately 15 million and 20 million equity instruments, respectively, were excluded from the calculation of diluted earnings per share as their inclusion would have been anti-dilutive.