v3.25.1
Earnings per Share
3 Months Ended
May 03, 2025
Earnings per Share [Abstract]  
Earnings per Share 8. Earnings per Share

We compute our basic earnings per share based on the weighted-average number of common shares outstanding and our diluted earnings per share based on the weighted-average number of common shares outstanding adjusted by the number of additional shares that would have been outstanding had the potentially dilutive common shares been issued as calculated using the treasury stock method.

Reconciliations of the numerators and denominators of basic and diluted earnings per share were as follows ($ and shares in millions, except per share amounts):

Three Months Ended

May 3, 2025

May 4, 2024

Numerator

Net earnings

$

202 

$

246 

Denominator

Weighted-average common shares outstanding

212.0 

216.2 

Dilutive effect of stock compensation plan awards

1.0 

1.0 

Weighted-average common shares outstanding, assuming dilution

213.0 

217.2 

Potential shares which were anti-dilutive and excluded from weighted-average share computations

0.3 

0.6 

Basic earnings per share

$

0.95 

$

1.14 

Diluted earnings per share

$

0.95 

$

1.13