Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Feb. 01, 2020
Feb. 02, 2019
Feb. 03, 2018
Total net sales $ 10,716 $ 11,664 $ 12,554
Credit income and other 451 355 319
Total revenues 11,167 12,019 12,873
Costs and expenses/(income):      
Cost of goods sold (exclusive of depreciation and amortization shown separately below) 7,013 7,870 8,208
Selling, general and administrative (SG&A) 3,585 3,596 3,845
Depreciation and amortization 544 556 570
Real estate and other, net (15) (19) (146)
Restructuring and management transition 48 22 184
Total costs and expenses 11,175 12,025 12,661
Operating income/(loss) (8) (6) 212
Other components of net periodic pension and postretirement benefit cost/(income) (35) (71) 98
(Gain)/loss on extinguishment of debt (1) 23 33
Net interest expense 293 313 325
Income/(loss) before income taxes (265) (271) (244)
Income tax expense/(benefit) 3 (16) (126)
Net income/(loss) $ (268) $ (255) $ (118)
Earnings/(loss) per share:      
Basic earnings/(loss) per common share $ (0.84) $ (0.81) $ (0.38)
Diluted earnings/loss per common share $ (0.84) $ (0.81) $ (0.38)
Weighted average shares – basic 320.2 315.7 311.1
Weighted average shares – diluted 320.2 315.7 311.1