Earnings Per Share

12 Months Ended

Feb. 01, 2020

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per Share

Earnings per basic share is computed based on the weighted-average number of outstanding common shares. Earnings per diluted share include the weighted-average effect of dilutive options and restricted stock on the weighted-average shares outstanding.

The following table provides shares utilized for the calculation of basic and diluted earnings per share for 2019, 2018 and 2017:

	2019		2018		2017 (a)
	(in millions)
Weighted-average Common Shares:
Issued Shares	284		283		308
Treasury Shares	(8	)	(7	)	(24	)
Basic Shares	276		276		284
Effect of Dilutive Options and Restricted Stock	—		3		3
Diluted Shares	276		279		287
Anti-dilutive Options and Awards (b)	9		5		4

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(a) In November 2017, the Company retired 36 million shares of its Treasury Stock.

(b)

These options and awards were excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive. For 2019, the dilutive impact of outstanding options and awards were excluded from dilutive shares as a result of the Company's net loss for the period.