Quarterly report pursuant to Section 13 or 15(d)

Earnings/(Loss) per Share

v3.20.2
Earnings/(Loss) per Share
6 Months Ended
Aug. 01, 2020
Earnings Per Share [Abstract]  
Earnings/(Loss) per Share
5. 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 Six Months Ended
(In millions, except per share data) August 1,
2020
August 3,
2019
August 1,
2020
August 3,
2019
Earnings/(loss)
Net income/(loss) $ (398) $ (48) $ (944) $ (202)
Shares
Weighted average common shares outstanding (basic shares) 324.6 

319.4  324.2  318.6 
Adjustment for assumed dilution:
Stock options and restricted stock awards        
Weighted average shares assuming dilution (diluted shares) 324.6  319.4  324.2  318.6 
EPS
Basic $ (1.23) $ (0.15) $ (2.91) $ (0.63)
Diluted $ (1.23) $ (0.15) $ (2.91) $ (0.63)
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 Six Months Ended
(Shares in millions) August 1,
2020
August 3,
2019
August 1,
2020
August 3,
2019
Stock options and restricted stock awards 9.9  24.7  15.1  23.6