Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Apr. 29, 2017
Apr. 30, 2016
Income Statement [Abstract]    
Total net sales $ 2,706 $ 2,811
Cost of goods sold 1,723 1,793
Gross margin 983 1,018
Operating expenses/(income):    
Selling, general and administrative (SG&A) 843 872
Pension (2) 2
Depreciation and amortization 145 154
Real estate and other, net (118) (38)
Restructuring and management transition 220 6
Total operating expenses 1,088 996
Operating income/(loss) (105) 22
(Gain)/loss on extinguishment of debt 0 (4)
Net interest expense 87 95
Income/(loss) before income taxes (192) (69)
Income tax expense/(benefit) (12) (1)
Net income/(loss) $ (180) $ (68)
Earnings/(loss) per share:    
Basic (in dollars per share) $ (0.58) $ (0.22)
Diluted (in dollars per share) $ (0.58) $ (0.22)
Weighted average shares – basic 309.6 307.2
Weighted average shares – diluted 309.6 307.2