v3.26.1
EARNINGS PER SHARE
6 Months Ended
Jul. 31, 2026
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
Basic earnings per share is based on the weighted-average effect of all common shares issued and outstanding and is calculated by dividing net income by the weighted-average shares outstanding during the period. Diluted earnings per share is calculated by dividing net income by the weighted-average number of common shares used in the basic earnings per share calculation plus the number of common shares that would be issued assuming exercise or conversion of all potentially dilutive instruments. The Company excludes equity instruments from the calculation of diluted earnings per share if the effect of including such instruments is antidilutive.

The following table presents basic and diluted earnings per share for the periods indicated:
Three Months EndedSix Months Ended
July 31, 2026August 1, 2025July 31, 2026August 1, 2025
Earnings per share:
Basic$6.41 $1.72 $11.70 $3.11 
Diluted$6.34 $1.70 $11.58 $3.07 

The following table presents the computation of basic and diluted earnings per share for the periods indicated:
Three Months EndedSix Months Ended
July 31, 2026August 1, 2025July 31, 2026August 1, 2025
(in millions)
Numerator:
Net income — basic and diluted$4,133 $1,164 $7,571 $2,129 
Denominator:
Weighted-average shares outstanding basic
645 678 647 685 
Dilutive effect of equity awards
Weighted-average shares outstanding diluted
652 686 654 694 
Weighted-average shares outstanding antidilutive
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