Annual report pursuant to Section 13 and 15(d)

Earnings/(Loss) per Share

v2.4.0.8
Earnings/(Loss) per Share
12 Months Ended
Feb. 01, 2014
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)
 
2013
 
2012
 
2011
Earnings/(loss)
 
 

 
 

 
 

Net income/(loss)
 
$
(1,388
)
 
$
(985
)
 
$
(152
)
Shares
 
 
 
 
 
 
Weighted average common shares outstanding (basic shares)
 
249.3

 
219.2

 
217.4

Adjustment for assumed dilution:
 
 
 
 
 
 
Stock options, restricted stock awards and warrant
 

 

 

Weighted average shares assuming dilution (diluted shares)
 
249.3

 
219.2

 
217.4

EPS
 
 
 
 
 
 
Basic
 
$
(5.57
)
 
$
(4.49
)
 
$
(0.70
)
Diluted
 
$
(5.57
)
 
$
(4.49
)
 
$
(0.70
)

 
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)
 
2013
 
2012
 
2011
Stock options, restricted stock awards and warrant
 
24.3

 
25.0

 
24.1