| Earnings Per Share The Company calculates basic and diluted earnings per common share using the two-class method. The following table reconciles earnings per common share for the three months ended May 1, 2026, and May 2, 2025: | | | | | | | | | | | | | | | | | Three Months Ended | | | | (In millions, except per share data) | May 1, 2026 | | May 2, 2025 | | | | | | Basic earnings per common share: | | | | | | | | | Net earnings | $ | 1,628 | | | $ | 1,641 | | | | | | | Less: Net earnings allocable to participating securities | (5) | | | (5) | | | | | | | Net earnings allocable to common shares, basic | $ | 1,623 | | | $ | 1,636 | | | | | | | Weighted-average common shares outstanding | 559 | | | 559 | | | | | | | Basic earnings per common share | $ | 2.90 | | | $ | 2.93 | | | | | | | Diluted earnings per common share: | | | | | | | | | Net earnings | $ | 1,628 | | | $ | 1,641 | | | | | | | Less: Net earnings allocable to participating securities | (5) | | | (5) | | | | | | | Net earnings allocable to common shares, diluted | $ | 1,623 | | | $ | 1,636 | | | | | | | Weighted-average common shares outstanding | 559 | | | 559 | | | | | | | Dilutive effect of non-participating share-based awards | 1 | | | 1 | | | | | | | Weighted-average common shares, as adjusted | 560 | | | 560 | | | | | | | Diluted earnings per common share | $ | 2.90 | | | $ | 2.92 | | | | | | | | | | | | | | | Anti-dilutive securities excluded from diluted weighted-average common shares | 0.3 | | | 0.2 | | | | | |
|