v3.26.1
Net Income Per Share (Tables)
6 Months Ended
Aug. 01, 2026
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 1, 2026

August 2, 2025

August 1, 2026

August 2, 2025

Numerator—Net income

$151

$153

$137

$139

Denominator—Weighted-average shares:

 

 

 

 

Basic

113

112

113

112

Dilutive impact

5

2

4

1

Diluted

118

114

117

113

Net Income per share:

 

 

 

 

Basic

$1.34

$1.37

$1.22

$1.24

Diluted

$1.28

$1.35

$1.18

$1.23

 

Schedule of Potential Shares of Common Stock Excluded From the Diluted Net Loss 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 1, 2026

August 2, 2025

August 1, 2026

August 2, 2025

Anti-dilutive shares

1

5

4

6