Annual report pursuant to Section 13 and 15(d)

Earnings/(Loss) per Share

v3.8.0.1
Earnings/(Loss) per Share
12 Months Ended
Feb. 03, 2018
Earnings Per Share [Abstract]  
Earnings/(Loss) per Share
Earnings/(Loss) per Share
 
Net income/(loss) and shares used to compute basic and diluted EPS are reconciled below:
(in millions, except per share data)
 
2017
 
2016
 
2015
Earnings/(loss)
 
 

 
 

 
 

Net income/(loss)
 
$
(116
)
 
$
1

 
$
(513
)
Shares
 
 
 
 
 
 
Weighted average common shares outstanding (basic shares)
 
311.1

 
308.1

 
305.9

Adjustment for assumed dilution:
 
 
 
 
 
 
Stock options and restricted stock awards
 

 
4.9

 

Weighted average shares assuming dilution (diluted shares)
 
311.1

 
313.0

 
305.9

EPS
 
 
 
 
 
 
Basic
 
$
(0.37
)
 
$

 
$
(1.68
)
Diluted
 
$
(0.37
)
 
$

 
$
(1.68
)

 
The following average potential shares of common stock were excluded from the diluted EPS calculation because their effect would have been anti-dilutive:
(Shares in millions)
 
2017
 
2016
 
2015
Stock options, restricted stock awards and a warrant
 
31.5

 
17.8

 
34.1