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Net Income (Loss) Per Share (Tables)
9 Months Ended
Oct. 30, 2021
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Income (Loss) Per Share

The information required to compute basic and diluted Net income (loss) per share is as follows:

 

 

Three Months Ended

Nine Months Ended

(Dollar and Shares in Millions, Except per Share Data)

October 30, 2021

October 31, 2020

October 30, 2021

October 31, 2020

Numerator—Net income (loss)

$243

$(12)

$639

$(506)

Denominator—Weighted-average shares:

 

 

 

 

Basic

145

154

151

154

Dilutive impact

2

  —

2

  —

Diluted

147

154

153

154

Net income (loss) per share:

 

 

 

 

Basic

$1.67

$(0.08)

$4.24

$(3.28)

Diluted

$1.65

$(0.08)

$4.19

$(3.28)

Schedule of Anti-dilutive Securities Excluded from Diluted Net Income (Loss) Per Share

The following potential shares of common stock were excluded from the diluted Net income (loss) per share calculation because their effect would have been anti-dilutive:

 

 

Three Months Ended

Nine Months Ended

 

October 30, 2021

October 31, 2020

October 30, 2021

October 31, 2020

Anti-dilutive shares

3

6

3

6