| 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 and six months ended July 31, 2026, and August 1, 2025: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | | | (In millions, except per share data) | July 31, 2026 | | August 1, 2025 | | July 31, 2026 | | August 1, 2025 | | | | | | Basic earnings per common share: | | | | | | | | | | | | | Net earnings | $ | 2,399 | | | $ | 2,398 | | | $ | 4,027 | | | $ | 4,038 | | | | | | | Less: Net earnings allocable to participating securities | (7) | | | (7) | | | (11) | | | (11) | | | | | | | Net earnings allocable to common shares, basic | $ | 2,392 | | | $ | 2,391 | | | $ | 4,016 | | | $ | 4,027 | | | | | | | Weighted-average common shares outstanding | 559 | | | 559 | | | 559 | | | 559 | | | | | | | Basic earnings per common share | $ | 4.28 | | | $ | 4.28 | | | $ | 7.18 | | | $ | 7.21 | | | | | | | Diluted earnings per common share: | | | | | | | | | | | | | Net earnings | $ | 2,399 | | | $ | 2,398 | | | $ | 4,027 | | | $ | 4,038 | | | | | | | Less: Net earnings allocable to participating securities | (7) | | | (7) | | | (11) | | | (11) | | | | | | | Net earnings allocable to common shares, diluted | $ | 2,392 | | | $ | 2,391 | | | $ | 4,016 | | | $ | 4,027 | | | | | | | Weighted-average common shares outstanding | 559 | | | 559 | | | 559 | | | 559 | | | | | | | Dilutive effect of non-participating share-based awards | 1 | | | 1 | | | 1 | | | 1 | | | | | | | Weighted-average common shares, as adjusted | 560 | | | 560 | | | 560 | | | 560 | | | | | | | Diluted earnings per common share | $ | 4.27 | | | $ | 4.27 | | | $ | 7.17 | | | $ | 7.19 | | | | | | | | | | | | | | | | | | | Anti-dilutive securities excluded from diluted weighted-average common shares | 0.3 | | | 0.3 | | | 0.3 | | | 0.2 | | | | | |
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