Earnings Per Common Share (Tables)

12 Months Ended

Jan. 28, 2017

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic

The computation of basic EPS is outlined in the table below:

(in millions, except per share amounts)	Fiscal 2017		Fiscal 2016		Fiscal 2015
Numerator:
Net income attributable to common shareholders	$	531.3	$	467.9	$	381.3
Denominator:
Weighted average common shares outstanding	74.5		79.5		79.9
EPS – basic	$	7.13	$	5.89	$	4.77

Schedule of Earnings Per Share, Diluted

The computation of diluted EPS is outlined in the table below:

(in millions, except per share amounts)	Fiscal 2017		Fiscal 2016		Fiscal 2015
Numerator:
Net income attributable to common shareholders	$	531.3	$	467.9	$	381.3
Add: Dividends on preferred shares	11.9		—		—
Numerator for diluted EPS	$	543.2	$	467.9	$	381.3
Denominator:
Weighted average common shares outstanding	74.5		79.5		79.9
Plus: Dilutive effect of share awards	0.1		0.2		0.3
Plus: Dilutive effect of preferred shares	2.1		—		—
Diluted weighted average common shares outstanding	76.7		79.7		80.2
EPS – diluted	$	7.08	$	5.87	$	4.75

Schedule of antidilutive securities excluded from computation of earnings per share

(in millions)	Fiscal 2017	Fiscal 2016	Fiscal 2015
Share awards	0.1	0.1	—