NET INCOME PER SHARE

3 Months Ended

Jul. 28, 2012

NET INCOME PER SHARE [Abstract]

NET INCOME PER SHARE

6. NET INCOME PER SHARE

The following table sets forth the calculation of basic and diluted net income per share:

	13 Weeks Ended				26 Weeks Ended
	July 28,		July 30,		July 28,		July 30,
(In millions, except per share data)	2012		2011		2012		2011
Basic net income per share:
Net income	$	119.2	$	94.9	$	235.3	$	195.9
Weighted average number of
shares outstanding		231.3		244.6		231.4		244.9
Basic net income per share	$	0.52	$	0.39	$	1.02	$	0.80
Diluted net income per share:
Net income	$	119.2	$	94.9	$	235.3	$	195.9
Weighted average number of
shares outstanding		231.3		244.6		231.4		244.9
Dilutive effect of stock options and
restricted stock units (as determined
by applying the treasury stock method)		1.3		1.5		1.3		1.6
Weighted average number of shares and
dilutive potential shares outstanding		232.6		246.1		232.7		246.5
Diluted net income per share	$	0.51	$	0.39	$	1.01	$	0.79

For the 13 and 26 weeks ended July 28, 2012 and July 30, 2011, substantially all of the stock options outstanding were included in the calculation of the weighted average number of shares and dilutive potential shares outstanding.