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Earnings Per Share (Tables)
3 Months Ended
Apr. 30, 2022
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share:

 

 

 

13 Weeks Ended

 

 

 

April 30, 2022

 

 

May 1, 2021

 

 

 

Net Income

 

 

 

 

 

 

Shares

 

 

Net Income

 

 

 

 

 

 

Shares

 

 

 

(millions, except per share data)

 

 

 

Net income and average number of

   shares outstanding

 

$

286

 

 

 

 

 

 

 

282.6

 

 

$

103

 

 

 

 

 

 

 

310.7

 

Shares to be issued under deferred

   compensation and other plans

 

 

 

 

 

 

 

 

 

 

1.0

 

 

 

 

 

 

 

 

 

 

0.9

 

 

 

$

286

 

 

 

 

 

 

 

283.6

 

 

$

103

 

 

 

 

 

 

 

311.6

 

Basic earnings per share

 

 

 

 

 

$

1.01

 

 

 

 

 

 

 

 

 

 

$

0.33

 

 

 

 

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock options and restricted

   stock units

 

 

 

 

 

 

 

 

 

 

7.3

 

 

 

 

 

 

 

 

 

 

 

7.0

 

 

 

$

286

 

 

 

 

 

 

 

290.9

 

 

$

103

 

 

 

 

 

 

 

318.6

 

Diluted earnings per share

 

 

 

 

 

$

0.98

 

 

 

 

 

 

 

 

 

 

$

0.32