v3.26.1
Net Income Per Share and Shareholders’ Equity (Deficit) (Tables)
6 Months Ended
Aug. 01, 2026
Net Income Per Share and Shareholders’ Equity (Deficit) [Abstract]  
Shares Utilized for the Calculation of Basic and Diluted Earnings Per Share
The following table provides the weighted-average shares utilized for the calculation of Net Income per Basic and Diluted Share for the second quarters of and year-to-date 2026 and 2025:
Second QuarterYear-to-Date
2026202520262025
(in millions)
Common Shares216 225 216 227 
Treasury Shares(15)(15)(15)(15)
Basic Shares201 210 201 212 
Effect of Dilutive Awards
Diluted Shares202 211 202 213 
Anti-dilutive Awards (a)— — — — 
 _______________
(a)These awards were excluded from the calculation of Net Income per Diluted Share because their inclusion would have been anti-dilutive.
Schedule of Repurchase of Common Stock
Under the authority of the Company’s Board of Directors, the Company repurchased shares of its common stock under the following repurchase programs during year-to-date 2025:
Repurchase
Program
Amount
Authorized
Shares
Repurchased
Amount
Repurchased
Average Stock Price
202520252025
(in millions)(in thousands)(in millions)
January 2024$500 460 $17 $37.67 
January 2025500 8,008 239 29.78 
Total8,468 $256 
Schedule of Dividends Paid
The Company paid the following dividends during the first and second quarters of 2026 and 2025:
Ordinary DividendsTotal Paid
(per share)(in millions)
2026
First Quarter$0.20 $40 
Second Quarter0.20 40 
Total$0.40 $80 
2025
First Quarter$0.20 $43 
Second Quarter0.20 42 
Total$0.40 $85