Earnings Per Common Share (Tables)

12 Months Ended

Feb. 03, 2018

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 2018		Fiscal 2017		Fiscal 2016
Numerator:
Net income attributable to common shareholders	$	486.4	$	531.3	$	467.9
Denominator:
Weighted average common shares outstanding	63.0		74.5		79.5
EPS – basic	$	7.72	$	7.13	$	5.89

Schedule of Earnings Per Share, Diluted

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

(in millions, except per share amounts)	Fiscal 2018		Fiscal 2017		Fiscal 2016
Numerator:
Net income attributable to common shareholders	$	486.4	$	531.3	$	467.9
Add: Dividends on preferred shares	32.9		11.9		—
Numerator for diluted EPS	$	519.3	$	543.2	$	467.9
Denominator:
Weighted average common shares outstanding	63.0		74.5		79.5
Plus: Dilutive effect of share awards	0.1		0.1		0.2
Plus: Dilutive effect of preferred shares	6.7		2.1		—
Diluted weighted average common shares outstanding	69.8		76.7		79.7
EPS – diluted	$	7.44	$	7.08	$	5.87

Schedule of antidilutive securities excluded from computation of earnings per share

(in millions)	Fiscal 2018	Fiscal 2017	Fiscal 2016
Share awards	0.4	0.1	0.1