Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

Jan. 30, 2016

Jan. 31, 2015

Quarterly Financial Data [Abstract]

Quarterly Financial Data (Unaudited)

The following table provides summarized quarterly financial data for 2015:

	Fiscal Quarter Ended
	May 2, 2015 (a)		August 1, 2015		October 31, 2015		January 30, 2016
	(in millions except per share data)
Net Sales	$	2,512	$	2,765	$	2,482	$	4,395
Gross Profit	1,056		1,114		1,031		2,002
Operating Income	372		403		339		1,078
Income Before Income Taxes	369		323		260		982
Net Income	250		202		164		636
Net Income Per Basic Share (b)	$	0.86	$	0.69	$	0.56	$	2.19
Net Income Per Diluted Share (b)	$	0.84	$	0.68	$	0.55	$	2.15

 ________________

(a) Includes the effect of a pre-tax gain of $78 million ($69 million net of tax) included in other income, related to the sale of our remaining interest in the third-party apparel sourcing business.

(b) Due to changes in stock prices during the year and timing of issuances and repurchases of shares, the cumulative total of quarterly net income per share amounts may not equal the net income per share for the year.

Quarterly Financial Data (Unaudited)

The following table provides summarized quarterly financial data for 2015:

	Fiscal Quarter Ended
	May 2, 2015 (a)		August 1, 2015		October 31, 2015		January 30, 2016
	(in millions except per share data)
Net Sales	$	2,512	$	2,765	$	2,482	$	4,395
Gross Profit	1,056		1,114		1,031		2,002
Operating Income	372		403		339		1,078
Income Before Income Taxes	369		323		260		982
Net Income	250		202		164		636
Net Income Per Basic Share (b)	$	0.86	$	0.69	$	0.56	$	2.19
Net Income Per Diluted Share (b)	$	0.84	$	0.68	$	0.55	$	2.15

 ________________

(a) Includes the effect of a pre-tax gain of $78 million ($69 million net of tax) included in other income, related to the sale of our remaining interest in the third-party apparel sourcing business.

(b) Due to changes in stock prices during the year and timing of issuances and repurchases of shares, the cumulative total of quarterly net income per share amounts may not equal the net income per share for the year.

The following table provides summarized quarterly financial data for 2014:

	Fiscal Quarter Ended
	May 3, 2014		August 2, 2014		November 1, 2014		January 31, 2015
	(in millions except per share data)
Net Sales	$	2,391	$	2,675	$	2,319	$	4,069
Gross Profit	982		1,044		947		1,835
Operating Income	336		376		284		957
Income Before Income Taxes	255		296		205		880
Net Income	157		188		132		565
Net Income Per Basic Share (a)	$	0.54	$	0.65	$	0.45	$	1.93
Net Income Per Diluted Share (a)	$	0.53	$	0.63	$	0.44	$	1.89

________________

(a) Due to changes in stock prices during the year and timing of issuances and repurchases of shares, the cumulative total of quarterly net income per share amounts may not equal the net income per share for the year.

Summarized Quarterly Financial Data

The following table provides summarized quarterly financial data for 2015:

	Fiscal Quarter Ended
	May 2, 2015 (a)		August 1, 2015		October 31, 2015		January 30, 2016
	(in millions except per share data)
Net Sales	$	2,512	$	2,765	$	2,482	$	4,395
Gross Profit	1,056		1,114		1,031		2,002
Operating Income	372		403		339		1,078
Income Before Income Taxes	369		323		260		982
Net Income	250		202		164		636
Net Income Per Basic Share (b)	$	0.86	$	0.69	$	0.56	$	2.19
Net Income Per Diluted Share (b)	$	0.84	$	0.68	$	0.55	$	2.15

 ________________

(a) Includes the effect of a pre-tax gain of $78 million ($69 million net of tax) included in other income, related to the sale of our remaining interest in the third-party apparel sourcing business.

(b) Due to changes in stock prices during the year and timing of issuances and repurchases of shares, the cumulative total of quarterly net income per share amounts may not equal the net income per share for the year.

The following table provides summarized quarterly financial data for 2014:

	Fiscal Quarter Ended
	May 3, 2014		August 2, 2014		November 1, 2014		January 31, 2015
	(in millions except per share data)
Net Sales	$	2,391	$	2,675	$	2,319	$	4,069
Gross Profit	982		1,044		947		1,835
Operating Income	336		376		284		957
Income Before Income Taxes	255		296		205		880
Net Income	157		188		132		565
Net Income Per Basic Share (a)	$	0.54	$	0.65	$	0.45	$	1.93
Net Income Per Diluted Share (a)	$	0.53	$	0.63	$	0.44	$	1.89

________________

(a) Due to changes in stock prices during the year and timing of issuances and repurchases of shares, the cumulative total of quarterly net income per share amounts may not equal the net income per share for the year.