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Note 21 - Share-based Compensation (Tables)
12 Months Ended
Feb. 03, 2024
Notes Tables  
Share-Based Payment Arrangement, Cost by Plan [Table Text Block]

($ in millions)

 

2023

  

2022

  

2021

 

Options and employee stock purchase plan

 $4  $5  $6 

Restricted stock units and performance stock units

  9   26   23 

Total share-based compensation expense

 $13  $31  $29 

 

  

  

 

Tax benefit recognized

 $2  $3  $3 
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

 

Stock Option Plans

  

Stock Purchase Plan

 

 

2023

  

2022

  

2021

  

2023

  

2022

  

2021

 

Weighted-average risk free rate of interest

  3.6%  2.5%  0.9%  3.8%  1.0%  0.1%

Expected volatility

  50%  50%  47%  40%  40%  45%

Weighted-average expected award life (in years)

  5.5   5.5   5.5   0.5   1.0   1.0 

Dividend yield

  3.7%  3.8%  1.5%  3.7%  2.6%  4.0%

Weighted-average fair value

 $13.53  $10.80  $20.22  $5.32  $18.46  $9.61 
Share-Based Payment Arrangement, Option, Activity [Table Text Block]

 

Number of Shares

  

Weighted- Average Remaining Contractual Life

  

Weighted- Average Exercise Price

 

 

(in thousands)

  

(in years)

  

(per share)

 

Options outstanding at the beginning of the year

  3,256  

  $47.85 

Granted

  341  

   37.72 

Exercised

  (194) 

   23.93 

Expired or cancelled

  (665) 

   48.08 

Options outstanding at February 3, 2024

  2,738   3.3  $48.23 

Options exercisable at February 3, 2024

  2,321   2.3  $50.25 
Schedule of Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Grant Date Intrinsic Value [Table Text Block]

($ in millions)

 

2023

  

2022

  

2021

 

Exercised

 $3  $1  $8 
Schedule of Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Intrinsic Value of Options Outstanding and Exercisable [Table Text Block]

($ in millions)

 

2023

 

Outstanding

 $4 

Outstanding and exercisable

 $3 
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 - $30.98

  688   4.1  $24.77   593  $24.07 

$36.49 - $46.64

  682   5.2   41.71   369   44.19 

$53.61 - $58.94

  400   2.6   56.58   391   56.65 

$62.02 - $72.83

  968   1.6   66.02   968   66.02 

  2,738   3.3  $48.23   2,321  $50.25 
Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block]

 Number of Shares  Weighted-Average Remaining Contractual Life  Weighted-Average Grant Date Fair Value 

 

(in thousands)

  

(in years)

  

(per share)

 

Nonvested at beginning of year

  1,992  

  $37.58 

Granted

  1,204  

   35.75 

Vested

  (689) 

   34.08 

Performance adjustment (1)

  (866) 

    

Forfeited

  (263) 

   39.02 

Nonvested at February 3, 2024

  1,378   1.2  $38.81 

 

  

  

 

Aggregate value ($ in millions)

 $53