Earnings Per Share (Tables)

9 Months Ended

Nov. 02, 2024

Earnings Per Share [Abstract]

Summary of Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share:

	13 Weeks Ended
	November 2, 2024					October 28, 2023
	Net Income				Shares	Net Income				Shares
	(millions, except per share data)
Net income and average number of shares outstanding	$	28			277.4	$	41			273.7
Shares to be issued under deferred compensation and other plans					1.0					1.0
	$	28			278.4	$	41			274.7
Basic earnings per share			$	0.10				$	0.15
Effect of dilutive securities:
Stock options and restricted stock units					3.1					2.9
	$	28			281.5	$	41			277.6
Diluted earnings per share			$	0.10				$	0.15
	39 Weeks Ended
	November 2, 2024					October 28, 2023
	Net Income				Shares	Net Income				Shares
	(millions, except per share data)
Net income and average number of shares outstanding	$	240			276.5	$	173			272.9
Shares to be issued under deferred compensation and other plans					0.9					1.0
	$	240			277.4	$	173			273.9
Basic earnings per share			$	0.86				$	0.63
Effect of dilutive securities:
Stock options and restricted stock units					3.9					3.8
	$	240			281.3	$	173			277.7
Diluted earnings per share			$	0.85				$	0.62