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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jul. 31, 2021
Aug. 01, 2020
Jul. 31, 2021
Aug. 01, 2020
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]        
Sales $ 2,275 $ 2,077 $ 4,428 $ 3,253
Cost of sales 1,477 1,539 2,881 2,444
Selling, general and administrative expenses 450 387 868 703
Depreciation and amortization 48 44 93 88
Impairment and other charges 36 38 40 54
Income from operations 264 69 546 (36)
Interest (expense) income, net (2) (2) (4) (3)
Other income, net 325 3 329 4
Income before income taxes 587 70 871 (35)
Income tax expense 157 25 239 30
Net income $ 430 $ 45 $ 632 $ (65)
Basic earnings per share $ 4.14 $ 0.43 $ 6.10 $ (0.62)
Weighted-average shares outstanding 103.8 104.5 103.7 104.4
Diluted earnings per share $ 4.09 $ 0.43 $ 6.02 $ (0.62)
Weighted-average shares outstanding, assuming dilution 105.2 105.1 105.1 104.4