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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Oct. 29, 2022
Oct. 30, 2021
Oct. 29, 2022
Oct. 30, 2021
Net Sales $ 4,039 $ 3,943 $ 11,373 $ 12,145
Cost of goods sold and occupancy expenses 2,530 2,282 7,438 7,031
Gross profit 1,509 1,661 3,935 5,114
Operating Expenses 1,323 1,508 3,974 4,312
Operating income (loss) 186 153 (39) 802
Gain (Loss) on Extinguishment of Debt 0 325 0 325
Interest Expense 22 44 63 149
Interest income (4) (1) (6) (3)
Income (loss) before income taxes 168 (215) (96) 331
Income taxes (114) (63) (167) 59
Net income (loss) $ 282 $ (152) $ 71 $ 272
Weighted-average number of shares - basic (in shares) 365 376 367 377
Weighted-average number of shares - diluted (in shares) 366 376 370 385
Earnings (loss) per share - basic (in dollars per share) $ 0.77 $ (0.40) $ 0.19 $ 0.72
Earnings (loss) per share - diluted (in dollars per share) $ 0.77 $ (0.40) $ 0.19 $ 0.71