Net Income Per Share

6 Months Ended

Aug. 04, 2018

Net Income Per Section [Abstract]

Net Income Per Share

7. Net Income 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
(Dollar and Shares in Millions, Except per Share Data)	August 4, 2018		July 29, 2017
Numerator—Net income	$	292	$	208
Denominator—Weighted average shares:
Basic		165		168
Impact of dilutive stock-based awards		1		—
Diluted		166		168
Antidilutive shares		—		3
Net income per share:
Basic	$	1.77	$	1.24
Diluted	$	1.76	$	1.24