Net Income (Loss) Per Share (Tables)

6 Months Ended

Jul. 31, 2021

Earnings Per Share [Abstract]

Computation of Basic and Diluted Net Income (Loss) Per Share

The information required to compute basic and diluted Net income (loss) per share is as follows:

	Three Months Ended		Six Months Ended
(Dollar and Shares in Millions, Except per Share Data)	July 31, 2021	August 1, 2020		July 31, 2021	August 1, 2020
Numerator—Net income (loss)	$382	$47		$396	$(494)
Denominator—Weighted-average shares:
Basic	152	154		153	154
Dilutive impact	2	1		2	—
Diluted	154	155		155	154
Net income (loss) per share:
Basic	$2.51	$0.31		$2.58	$(3.21)
Diluted	$2.48	$0.30		$2.55	$(3.21)

Schedule of Anti-dilutive Securities Excluded from Diluted Net Income (Loss) Per Share

The following potential shares of common stock were excluded from the diluted Net income (loss) per share calculation because their effect would have been anti-dilutive:

	Three Months Ended		Six Months Ended
	July 31, 2021	August 1, 2020	July 31, 2021	August 1, 2020
Anti-dilutive shares	3	5	3	7