Earnings per Share

3 Months Ended

Apr. 30, 2022

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
	April 30, 2022		May 1, 2021
Numerator
Net earnings	$	341	$	595
Denominator
Weighted-average common shares outstanding		226.8		253.1
Dilutive effect of stock compensation plan awards		1.6		3.6
Weighted-average common shares outstanding, assuming dilution		228.4		256.7
Potential shares which were anti-dilutive and excluded from weighted-average share computations		2.2		1.1
Basic earnings per share	$	1.50	$	2.35
Diluted earnings per share	$	1.49	$	2.32