v3.20.2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Oct. 31, 2020
Nov. 02, 2019
Oct. 31, 2020
Nov. 02, 2019
Income Statement [Abstract]        
Total net sales $ 1,675 $ 2,384 $ 4,147 $ 7,332
Credit income and other 83 116 266 342
Total revenues 1,758 2,500 4,413 7,674
Cost of goods sold (exclusive of depreciation and amortization shown separately below) 1,178 1,541 2,909 4,756
Selling, general and administrative (SG&A) 579 854 1,621 2,580
Depreciation and amortization 167 131 462 415
Real estate and other, net 0 1 6 3
Restructuring and management transition 13 9 236 36
Total costs and expenses 1,937 2,534 5,222 7,784
Operating income/(loss) (179) (34) (809) (110)
Other components of net periodic pension cost/(income) (10) (13) 44 (39)
(Gain)/loss on extinguishment of debt 0 0 0 1
Net interest expense 96 73 238 220
Loss due to discontinuance of hedge accounting 0 0 (77) 0
Reorganization items, net 102 0 210 0
Income/(loss) before income taxes (367) (94) (1,378) (290)
Income tax expense/(benefit) 1 (1) (66) 5
Net income/(loss) $ (368) $ (93) $ (1,312) $ (295)
Earnings Per Share, Basic $ (1.13) $ (0.29) $ (4.04) $ (0.92)
Earnings Per Share, Diluted $ (1.13) $ (0.29) $ (4.04) $ (0.92)
Weighted average shares – basic 325,100 320,900 324,600 319,300
Weighted average shares – diluted 325,100 320,900 324,600 319,300

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