Net Income Per Section

6 Months Ended

Jul. 29, 2017

Net Income Per Section [Abstract]

Earnings Per Share

Basic net income per share is net income divided by the average number of common shares outstanding during the period. Diluted net income per share includes incremental shares assumed for share-based awards.

The information required to compute basic and diluted net income per share is as follows:

	Three Months Ended				Six Months Ended
(Dollar and Shares in Millions, Except per Share Data)	July 29, 2017		July 30, 2016		July 29, 2017		July 30, 2016
Numerator—Net income	$	208	$	140	$	274	$	157
Denominator—Weighted average shares:
Basic	168		180		169		182
Impact of dilutive stock-based awards	—		1		—		—
Diluted	168		181		169		182
Antidilutive shares	3		5		3		4
Net income per share:
Basic	$	1.24	$	0.77	$	1.62	$	0.86
Diluted	$	1.24	$	0.77	$	1.62	$	0.86