Quarterly report pursuant to Section 13 or 15(d)

Earnings/(Loss) per Share (Tables)

v3.7.0.1
Earnings/(Loss) per Share (Tables)
3 Months Ended
Apr. 29, 2017
Earnings Per Share [Abstract]  
Earnings/(Loss) per Share
Net income/(loss) and shares used to compute basic and diluted earnings/(loss) per share (EPS) are reconciled below:
 
 
Three Months Ended
(in millions, except per share data)
April 29,
2017
 
April 30,
2016
Earnings/(loss)
 
 
 
Net income/(loss)
$
(180
)
 
$
(68
)
Shares
 
 
 
Weighted average common shares outstanding (basic shares)
309.6

 
307.2

Adjustment for assumed dilution:
 
 
 
Stock options, restricted stock awards and warrant

 

Weighted average shares assuming dilution (diluted shares)
309.6

 
307.2

EPS
 
 
 
Basic
$
(0.58
)
 
$
(0.22
)
Diluted
$
(0.58
)
 
$
(0.22
)
Antidilutive common stock
The following average potential shares of common stock were excluded from the diluted EPS calculation because their effect would have been anti-dilutive: 
 
Three Months Ended
(Shares in millions)
April 29,
2017
 
April 30,
2016
Stock options, restricted stock awards and warrant
33.1

 
35.2