Net Income Per Share (Tables)

6 Months Ended

Aug. 02, 2025

Earnings Per Share [Abstract]

Computation of Basic and Diluted Net Income Per Share

The information required to compute basic and diluted net income per share is as follows:


	Three Months Ended		Six Months Ended
(Dollars and Shares in Millions, Except per Share Data)	August 2, 2025	August 3, 2024	August 2, 2025	August 3, 2024
Numerator—Net income	$153	$66	$139	$39
Denominator—Weighted-average shares:
Basic	112	111	112	111
Dilutive impact	2	1	1	1
Diluted	114	112	113	112
Net income per share:
Basic	$1.37	$0.59	$1.24	$0.35
Diluted	$1.35	$0.59	$1.23	$0.35

Schedule of Potential Shares of Common Stock Excluded From the Diluted Net Income Per Share

The following potential shares of common stock were excluded from the diluted net income per share calculation because their effect would have been anti-dilutive:


	Three Months Ended		Six Months Ended
(Shares in Millions)	August 2, 2025	August 3, 2024	August 2, 2025	August 3, 2024
Anti-dilutive shares	5	4	6	4