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Earnings Per Share (Tables)
3 Months Ended
Apr. 29, 2023
Earnings Per Share [Abstract]  
Summary of Computation of Basic and Diluted Earnings Per Share
The following tables set forth the computation of basic and diluted earnings per share:
13 Weeks Ended
April 29, 2023April 30, 2022
Net IncomeSharesNet IncomeShares
(millions, except per share data)
Net income and average number of
shares outstanding
$155 272.2 $286 282.6 
Shares to be issued under deferred
compensation and other plans
0.9 1.0 
$155 273.1 $286 283.6 
Basic earnings per share$0.57 $1.01 
Effect of dilutive securities:
Stock options and restricted
stock units
4.7 7.3 
$155 277.8 $286 290.9 
Diluted earnings per share$0.56 $0.98