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Earnings Per Share (Tables)
3 Months Ended
Apr. 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



 

April 30,

 

May 2,



 

2016

 

2015



 

(in millions, except per share data)

Net Income

 

$

191 

 

$

184 

Weighted-average common shares outstanding

 

 

136.5 

 

 

140.1 

Basic earnings per share

 

$

1.40 

 

$

1.31 

Weighted-average common shares outstanding

 

 

136.5 

 

 

140.1 

Dilutive effect of potential common shares

 

 

1.3 

 

 

2.0 

Weighted-average common shares outstanding assuming dilution

 

 

137.8 

 

 

142.1 

Diluted earnings per share

 

$

1.39 

 

$

1.29