Note 11 - Share-Based Compensation (Tables)

3 Months Ended

Apr. 29, 2023

Notes Tables

Share-Based Payment Arrangement, Cost by Plan [Table Text Block]

	Thirteen weeks ended
	April 29,		April 30,
($ in millions)	2023		2022
Options and employee stock purchase plan	$	1	$	1
Restricted stock units and performance stock units		1		6
Total share-based compensation expense	$	2	$	7
Tax benefit recognized	$	—	$	1

Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

	Stock Option Plans						Stock Purchase Plan
	April 29,			April 30,			April 29,			April 30,
	2023			2022			2023			2022
Weighted-average risk free rate of interest		3.5	%		2.3	%		2.2	%		0.1	%
Expected volatility		49	%		50	%		40	%		40	%
Weighted-average expected award life (in years)		5.4			5.5			1.0			1.0
Dividend yield		3.6	%		3.9	%		3.7	%		1.8	%
Weighted-average fair value	$	14.09		$	10.42		$	7.16		$	29.46

Share-Based Payment Arrangement, Option, Activity [Table Text Block]

				Weighted-		Weighted-
	Number			Average		Average
	of			Remaining		Exercise
	Shares			Contractual Life		Price
	(in thousands)			(in years)		(per share)
Options outstanding at the beginning of the year		3,256				$	47.85
Granted		294					39.08
Exercised		(151	)				24.60
Expired or cancelled		(148	)				36.71
Options outstanding at April 29, 2023		3,251			3.8	$	48.64
Options exercisable at April 29, 2023		2,783			2.9	$	50.48
Shares available for future grant at April 29, 2023 under the 2007 Stock Incentive Plan		888
Shares available for future grant at April 29, 2023 under the employment inducement award plan (1)		409

Schedule of Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Grant Date Intrinsic Value [Table Text Block]

	Thirteen weeks ended
	April 29,		April 30,
($ in millions)	2023		2022
Exercised	$	3	$	—

Schedule of Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Intrinsic Value of Options Outstanding and Exercisable [Table Text Block]

	Thirteen weeks ended
	April 29,		April 30,
($ in millions)	2023		2022
Outstanding	$	15	$	6
Outstanding and exercisable	$	13	$	4

Share-Based Payment Arrangement, Option, Exercise Price Range [Table Text Block]

	Options Outstanding						Options Exercisable
			Weighted-
			Average		Weighted-				Weighted-
			Remaining		Average				Average
Range of Exercise	Number		Contractual		Exercise		Number		Exercise
Prices	Outstanding		Life		Price		Exercisable		Price
	(in thousands, except prices per share and contractual life)
$21.60 - $36.51		855		5.2	$	25.40		708	$	23.82
$38.94 - $48.98		743		5.2		42.58		439		45.00
$53.61 - $58.94		482		3.3		56.73		465		56.84
$62.02 - $72.83		1,171		2.1		66.14		1,171		66.14
		3,251		3.8	$	48.64		2,783	$	50.48

Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block]

				Weighted-
				Average		Weighted-
	Number			Remaining		Average
	of			Contractual		Grant Date
	Shares			Life		Fair Value
	(in thousands)			(in years)		(per share)
Nonvested at beginning of year		1,992				$	37.58
Granted		741					39.69
Vested		(628	)				34.12
Performance adjustment (1)		(600	)
Forfeited		(99	)				39.79
Nonvested at April 29, 2023		1,406			1.8	$	40.80
Aggregate value ($ in millions)	$	57