Earnings Per Share (Tables)

9 Months Ended

Oct. 30, 2020

Earnings Per Share

Schedule of Earnings Per Share, Basic and Diluted

The following table reconciles earnings per common share for the three and nine months ended October 30, 2020, and November 1, 2019:

	Three Months Ended				Nine Months Ended
(In millions, except per share data)	October 30, 2020		November 1, 2019		October 30, 2020		November 1, 2019
Basic earnings per common share:
Net earnings	$	692	$	1,049	$	4,857	$	3,771
Less: Net earnings allocable to participating securities	(3)		(3)		(20)		(11)
Net earnings allocable to common shares, basic	$	689	$	1,046	$	4,837	$	3,760
Weighted-average common shares outstanding	752		769		753		782
Basic earnings per common share	$	0.92	$	1.36	$	6.42	$	4.81
Diluted earnings per common share:
Net earnings	$	692	$	1,049	$	4,857	$	3,771
Less: Net earnings allocable to participating securities	(3)		(3)		(20)		(11)
Net earnings allocable to common shares, diluted	$	689	$	1,046	$	4,837	$	3,760
Weighted-average common shares outstanding	752		769		753		782
Dilutive effect of non-participating share-based awards	2		1		1		1
Weighted-average common shares, as adjusted	754		770		754		783
Diluted earnings per common share	$	0.91	$	1.36	$	6.41	$	4.80