Annual report pursuant to Section 13 and 15(d)

Earnings/(Loss) per Share (Tables)

v3.20.1
Earnings/(Loss) per Share (Tables)
12 Months Ended
Feb. 01, 2020
Earnings Per Share [Abstract]  
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)
 
2019
 
2018
 
2017
Earnings/(loss)
 
 

 
 

 
 

Net income/(loss)
 
$
(268
)
 
$
(255
)
 
$
(118
)
Shares
 
 
 
 
 
 
Weighted average common shares outstanding (basic shares)
 
320.2

 
315.7

 
311.1

Adjustment for assumed dilution:
 
 
 
 
 
 
Stock options and restricted stock awards
 

 

 

Weighted average shares assuming dilution (diluted shares)
 
320.2

 
315.7

 
311.1

EPS
 
 
 
 
 
 
Basic
 
$
(0.84
)
 
$
(0.81
)
 
$
(0.38
)
Diluted
 
$
(0.84
)
 
$
(0.81
)
 
$
(0.38
)

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:
(Shares in millions)
 
2019
 
2018
 
2017
Stock options, restricted stock awards
 
23.2

 
24.8

 
31.5