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Earnings Per Share
 9 Months Ended
Oct. 27, 2012
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
The following tables set forth the computation of basic and diluted earnings per share:
 
 
13 Weeks Ended
 
October 27, 2012
 
October 29, 2011
 
Net
Income
 
 
 
Shares
 
Net
Income
 
 
 
Shares
 
(millions, except per share data)
Net income and average number of shares outstanding
$
145

 
 
 
400.3

 
$
139

 
 
 
424.3

Shares to be issued under deferred compensation plans
 
 
 
 
1.0

 
 
 
 
 
1.0

 
$
145

 
 
 
401.3

 
$
139

 
 
 
425.3

Basic earnings per share
 
 
$
.36

 
 
 
 
 
$
.33

 
 
Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
Stock options, restricted stock and restricted stock units
 
 
 
 
6.6

 
 
 
 
 
6.5

 
$
145

 
 
 
407.9

 
$
139

 
 
 
431.8

Diluted earnings per share
 
 
$
.36

 
 
 
 
 
$
.32

 
 

 
39 Weeks Ended
 
October 27, 2012
 
October 29, 2011
 
Net
Income
 
 
 
Shares
 
Net
Income
 
 
 
Shares
 
(millions, except per share data)
Net income and average number of shares outstanding
$
605

 
 
 
408.7

 
$
511

 
 
 
425.0

Shares to be issued under deferred compensation plans
 
 
 
 
1.2

 
 
 
 
 
1.0

 
$
605

 
 
 
409.9

 
$
511

 
 
 
426.0

Basic earnings per share
 
 
$
1.48

 
 
 
 
 
$
1.20

 
 
Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
Stock options, restricted stock and restricted stock units
 
 
 
 
6.6

 
 
 
 
 
6.2

 
$
605

 
 
 
416.5

 
$
511

 
 
 
432.2

Diluted earnings per share
 
 
$
1.45

 
 
 
 
 
$
1.18

 
 


In addition to the stock options, restricted stock and restricted stock units reflected in the foregoing tables, stock options to purchase 7.6 million shares of common stock and restricted stock units relating to 2.5 million shares of common stock were outstanding at October 27, 2012, but were not included in the computation of diluted earnings per share for the 13 or 39 weeks ended October 27, 2012 because their inclusion would have been antidilutive or they were subject to performance conditions that had not been met.
In addition to the stock options, restricted stock and restricted stock units reflected in the foregoing tables, stock options to purchase 17.5 million shares of common stock and restricted stock units relating to 2.1 million shares of common stock were outstanding at October 29, 2011, but were not included in the computation of diluted earnings per share for the 13 or 39 weeks ended October 29, 2011 because their inclusion would have been antidilutive or they were subject to performance conditions that had not been met.