Earnings Per Share

6 Months Ended

Aug. 02, 2014

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
	August 2, 2014					August 3, 2013
	Net Income				Shares	Net Income				Shares
	(millions, except per share data)
Net income and average number of shares outstanding	$	292			358.3	$	281			381.6
Shares to be issued under deferred compensation and other plans					0.9					0.9
	$	292			359.2	$	281			382.5
Basic earnings per share			$	.81				$	.73
Effect of dilutive securities:
Stock options, restricted stock and restricted stock units					6.2					6.8
	$	292			365.4	$	281			389.3
Diluted earnings per share			$	.80				$	.72

	26 Weeks Ended
	August 2, 2014					August 3, 2013
	Net Income				Shares	Net Income				Shares
	(millions, except per share data)
Net income and average number of shares outstanding	$	516			361.5	$	498			384.3
Shares to be issued under deferred compensation and other plans					1.0					1.0
	$	516			362.5	$	498			385.3
Basic earnings per share			$	1.42				$	1.29
Effect of dilutive securities:
Stock options, restricted stock and restricted stock units					6.5					6.6
	$	516			369.0	$	498			391.9
Diluted earnings per share			$	1.40				$	1.27

In addition to the stock options, restricted stock and restricted stock units reflected in the foregoing tables, stock options to purchase 3.2 million shares of common stock, 23,000 shares of restricted stock and restricted stock units relating to 0.9 million shares of common stock were outstanding at August 2, 2014, but were not included in the computation of diluted earnings per share for the 13 or 26 weeks endedAugust 2, 2014 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 3.6 million shares of common stock and restricted stock units relating to 1.8 million shares of common stock were outstanding at August 3, 2013, but were not included in the computation of diluted earnings per share for the 13 or 26 weeks endedAugust 3, 2013 because their inclusion would have been antidilutive or they were subject to performance conditions that had not been met.