v3.26.1
Net Income Per Share and Shareholders’ Equity (Tables)
6 Months Ended
Aug. 01, 2026
Earnings Per Share [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 basic and diluted net income per share for the second quarter and year-to-date 2026 and 2025:
Second QuarterYear-to-Date
2026202520262025
(in millions)
Common Shares80 80 80 80 
Treasury Shares— — — — 
Basic Shares80 80 80 80 
Effect of Dilutive Awards (a)
Diluted Shares84 82 85 82 
Anti-dilutive Awards (a)— — 
 _______________
(a)Shares underlying certain restricted stock units, performance share units and options were excluded from the calculation of net income per diluted share because their inclusion would have been anti-dilutive.
Schedule of Repurchase Agreements
The Company repurchased the following shares of its common stock under the March 2024 Share Repurchase Program during year-to-date 2026:
Amount AuthorizedShares RepurchasedAmount RepurchasedAverage Stock Price
(in millions)(in thousands)(in millions)
March 2024 Share Repurchase Program$250 2,208 $100 $45.27