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Earnings Per Share (Tables)
6 Months Ended
Jul. 30, 2016
Earnings Per Share [Abstract]  
Basic and Diluted Weighted-Average Number of Common Shares Outstanding

The computation of basic and diluted earnings per share is as follows:





 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



Thirteen weeks ended

 

Twenty-six weeks ended



 

July 30,

 

August 1,

 

July 30,

 

August 1,



 

2016

 

2015

 

2016

 

2015



 

(in millions, except per share data)

Net Income

 

$

127 

 

$

119 

 

$

318 

 

$

303 

Weighted-average common shares outstanding

 

 

134.4 

 

 

139.6 

 

 

135.4 

 

 

139.8 

Basic earnings per share

 

$

0.94 

 

$

0.85 

 

$

2.35 

 

$

2.17 

Weighted-average common shares outstanding

 

 

134.4 

 

 

139.6 

 

 

135.4 

 

 

139.8 

Dilutive effect of potential common shares

 

 

1.1 

 

 

1.7 

 

 

1.2 

 

 

1.9 

Weighted-average common shares outstanding assuming dilution

 

 

135.5 

 

 

141.3 

 

 

136.6 

 

 

141.7 

Diluted earnings per share

 

$

0.94 

 

$

0.84 

 

$

2.33 

 

$

2.14