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Quarterly Financial Information (Unaudited)
12 Months Ended
Feb. 01, 2014
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information (Unaudited)
Quarterly Financial Information (Unaudited)

Each quarterly period below was a 13-week accounting period, with the exception of the fourth quarter of 2012, which was a 14-week period.
 
2013
 
First
 
Second
 
Third
 
Fourth
 
(In Millions, Except per Share Data)
Net sales
$
4,199

 
$
4,289

 
$
4,444

 
$
6,099

Gross margin
$
1,528

 
$
1,676

 
$
1,666

 
$
2,075

Net income
$
147

 
$
231

 
$
177

 
$
334

Basic shares
222

 
220

 
216

 
213

Basic net income per share
$
0.66

 
$
1.05

 
$
0.82

 
$
1.57

Diluted shares
223

 
222

 
218

 
215

Diluted net income per share
$
0.66

 
$
1.04

 
$
0.81

 
$
1.56

 
2012
 
First
 
Second
 
Third
 
Fourth
 
(In Millions, Except per Share Data)
Net sales
$
4,243

 
$
4,205

 
$
4,490

 
$
6,342

Gross margin
$
1,524

 
$
1,642

 
$
1,712

 
$
2,112

Net income
$
154

 
$
240

 
$
215

 
$
378

Basic shares
243

 
238

 
233

 
227

Basic net income per share
$
0.63

 
$
1.01

 
$
0.92

 
$
1.66

Diluted shares
245

 
239

 
235

 
228

Diluted net income per share
$
0.63

 
$
1.00

 
$
0.91

 
$
1.66


Due to changes in stock prices during the year and timing of share repurchases and issuances, the sum of quarterly net income per share may not equal the annual net income per share.