Net Income Per Share (Tables)

6 Months Ended

Jul. 30, 2022

Earnings Per Share [Abstract]

Computation of Basic and Diluted Net Income Per Share

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 30, 2022	July 31, 2021	July 30, 2022	July 31, 2021
Numerator—Net income	$143	$382	$157	$396
Denominator—Weighted-average shares:
Basic	127	152	127	153
Dilutive impact	1	2	2	2
Diluted	128	154	129	155
Net income per share:
Basic	$1.13	$2.51	$1.24	$2.58
Diluted	$1.11	$2.48	$1.22	$2.55

Schedule of Potential Shares of Common Stock Excluded From the Diluted Net Income Per Share

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

	Three Months Ended		Six Months Ended
(Shares in Millions)	July 30, 2022	July 31, 2021	July 30, 2022	July 31, 2021
Anti-dilutive shares	3	3	3	3