Earnings Per Share

9 Months Ended

Nov. 01, 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
	November 1, 2014					November 2, 2013
	Net Income				Shares	Net Income				Shares
	(millions, except per share data)
Net income and average number of shares outstanding	$	217			350.8	$	177			373.9
Shares to be issued under deferred compensation and other plans					0.8					0.9
	$	217			351.6	$	177			374.8
Basic earnings per share			$	.62				$	.47
Effect of dilutive securities:
Stock options, restricted stock and restricted stock units					6.1					5.4
	$	217			357.7	$	177			380.2
Diluted earnings per share			$	.61				$	.47

	39 Weeks Ended
	November 1, 2014					November 2, 2013
	Net Income				Shares	Net Income				Shares
	(millions, except per share data)
Net income and average number of shares outstanding	$	733			358.0	$	675			380.8
Shares to be issued under deferred compensation and other plans					0.9					1.0
	$	733			358.9	$	675			381.8
Basic earnings per share			$	2.04				$	1.77
Effect of dilutive securities:
Stock options, restricted stock and restricted stock units					6.3					6.2
	$	733			365.2	$	675			388.0
Diluted earnings per share			$	2.01				$	1.74

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 and restricted stock units relating to 0.9 million shares of common stock were outstanding at November 1, 2014, but were not included in the computation of diluted earnings per share for the 13 or 39 weeks endedNovember 1, 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 6.6 million shares of common stock and restricted stock units relating to 1.8 million shares of common stock were outstanding at November 2, 2013, but were not included in the computation of diluted earnings per share for the 13 or 39 weeks endedNovember 2, 2013 because their inclusion would have been antidilutive or they were subject to performance conditions that had not been met.