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 6 Months Ended
Jul. 29, 2017
Jul. 30, 2016
Jul. 29, 2017
Jul. 30, 2016
Income Statement [Abstract]        
Total net sales $ 2,962 $ 2,918 $ 5,668 $ 5,729
Cost of goods sold (exclusive of depreciation and amortization shown separately below) 1,923 1,834 3,646 3,627
Selling, general and administrative (SG&A) 842 853 1,685 1,725
Pension (4) 2 (6) 4
Depreciation and amortization 144 153 289 307
Real estate and other, net 19 9 137 47
Restructuring and management transition 23 9 243 15
Total costs and expenses 2,909 2,842 5,720 5,631
Operating income/(loss) 53 76 (52) 98
(Gain)/loss on extinguishment of debt 35 34 35 30
Net interest expense 79 93 166 188
Income/(loss) before income taxes (61) (51) (253) (120)
Income tax expense/(benefit) 1 5 (11) 4
Net income/(loss) $ (62) $ (56) $ (242) $ (124)
Earnings/(loss) per share:        
Basic (in dollars per share) $ (0.20) $ (0.18) $ (0.78) $ (0.40)
Diluted (in dollars per share) $ (0.20) $ (0.18) $ (0.78) $ (0.40)
Weighted average shares – basic 310.8 308.0 310.2 307.6
Weighted average shares – diluted 310.8 308.0 310.2 307.6