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Share Repurchases

6 Months Ended

Aug. 03, 2019

Disclosure Share Repurchase Activity [Abstract]

Share repurchase activity is as follows:



	13 Weeks Ended				26 Weeks Ended
($ and shares in millions except average per share cost)	August 3, 2019		August 4, 2018		August 3, 2019		August 4, 2018
Number of shares repurchased (1)	2.7		3.2		4.6		6.4
Total cost	$	50	$	100	$	100	$	200
Average per share cost including commissions	$	18.41	$	30.95	$	21.54	$	31.08

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(1)	Excludes shares withheld to settle employee statutory tax withholding related to the vesting of stock units.

In February 2019, the Board of Directors approved a new $1.0 billion share repurchase authorization (the "February 2019 repurchase program") which superseded and replaced a February 2016 repurchase authorization. The February 2019 repurchase program had $900 million remaining as of August 3, 2019.

The February 2016 repurchase authorization had $287 million remaining as of February 2, 2019.

All of the share repurchases were paid for as of August 3, 2019, February 2, 2019, and August 4, 2018. All common stock repurchased is immediately retired.