v3.26.1
Net Income Per Share (Tables)
 6 Months Ended
Aug. 01, 2026
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Net Income Per Common Share
The computations of basic and diluted net income per share are presented in the following table (in millions, except per share amounts):
Three Months EndedSix Months Ended
August 1,
2026		August 2,
2025		August 1,
2026		August 2,
2025
Common StockSeries A Preferred StockConsolidatedCommon StockSeries A Preferred StockConsolidated
Basic net income per share:
Numerator:
Allocation of undistributed earnings$247.9 $6.2 $254.1 $230.9 $3.9 $234.8 
Dividends declared52.6 1.3 53.9 105.1 2.6 107.7 
Net income — basic$300.5 $7.5 $308.0 $194.8 $336.0 $6.5 $342.5 $372.7 
Denominator:
Weighted-average shares outstanding — basic875.6 21.8 897.4 862.6 874.9 14.7 889.6 863.7
Net income per share — basic$0.34 $0.34 $0.34 $0.23 $0.38 $0.44 $0.39 $0.43 
Diluted net income per share:
Numerator:
Net income — basic$300.5 $7.5 $308.0 $336.0 $6.5 $342.5 
Allocation of earnings assuming conversion of preferred stock 7.5 — *6.5 — *
Net income — diluted$308.0 $7.5 $308.0 $194.8 $342.5 $6.5 $342.5 $372.7 
Denominator:
Weighted-average shares outstanding — basic875.6 21.8 897.4 862.6 874.9 14.7 889.6 863.7 
Effect of dilutive securities:
Stock-based awards and warrant shares23.8 — 23.8 7.8 17.5 — 17.5 9.3 
Conversion of preferred stock21.8 — *— 14.7 — *
Weighted-average shares outstanding — diluted921.2 21.8 921.2 870.4 907.1 14.7 907.1 873.0 
Net income per share — diluted$0.33 $0.34 $0.33 $0.22 $0.38 $0.44 $0.38 $0.43 
Anti-dilutive potential common shares0.4 4.5 0.4 5.0 
* Not applicable, as the effects of the assumed preferred stock conversion is reflected in the numerator and denominator for Consolidated basic net income per share computation.