Earnings per Share

6 Months Ended

Jul. 31, 2021

Earnings per Share [Abstract]

Earnings per Share

8. Earnings per Share

We compute our basic earnings per share based on the weighted-average number of common shares outstanding and our diluted earnings per share based on the weighted-average number of common shares outstanding adjusted by the number of additional shares that would have been outstanding had potentially dilutive common shares been issued.

Reconciliations of the numerators and denominators of basic and diluted earnings per share were as follows ($ and shares in millions, except per share amounts):

	Three Months Ended				Six Months Ended
	July 31, 2021		August 1, 2020		July 31, 2021		August 1, 2020
Numerator
Net earnings	$	734	$	432	$	1,329	$	591
Denominator
Weighted-average common shares outstanding		250.2		259.5		251.7		259.0
Dilutive effect of stock compensation plan awards		2.6		2.6		3.0		2.4
Weighted-average common shares outstanding, assuming dilution		252.8		262.1		254.7		261.4
Potential shares which were anti-dilutive and excluded from weighted-average share computations		-		0.1		-		0.5
Basic earnings per share	$	2.93	$	1.67	$	5.28	$	2.28
Diluted earnings per share	$	2.90	$	1.65	$	5.22	$	2.26