Net Income Per Share (Tables)

9 Months Ended

Oct. 28, 2023

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		Nine Months Ended
(Dollars and Shares in Millions, Except per Share Data)	October 28, 2023	October 29, 2022	October 28, 2023	October 29, 2022
Numerator—Net income	$59	$97	$131	$254
Denominator—Weighted-average shares:
Basic	110	118	110	124
Dilutive impact	1	1	1	2
Diluted	111	119	111	126
Net income per share:
Basic	$0.54	$0.82	$1.19	$2.05
Diluted	$0.53	$0.82	$1.18	$2.02

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

The following potentially dilutive 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		Nine Months Ended
(Shares in Millions)	October 28, 2023	October 29, 2022	October 28, 2023	October 29, 2022
Anti-dilutive shares	3	3	3	3