Annual report [Section 13 and 15(d), not S-K Item 405]

Net Income (Loss) Per Share

v3.25.1
Net Income (Loss) Per Share
 12 Months Ended
Feb. 01, 2025
Earnings Per Share [Abstract]  
Net Income (Loss) Per Share (Loss) Per Share
The following table sets forth the calculations of basic and diluted earnings (loss) per share:
  Year Ended
(in millions, except per share data) February 1, 2025 February 3, 2024 January 28, 2023
Numerator:
Income from continuing operations $ 1,042.5  $ 1,265.8  $ 1,500.1 
Income (loss) from discontinued operations, net of tax (4,072.6) (2,264.2) 115.3 
Net income (loss) $ (3,030.1) $ (998.4) $ 1,615.4 
Denominator:
Weighted average number of shares outstanding 215.7 219.5 223.2
Dilutive impact of share-based awards (as determined by applying the
   treasury stock method)		 0.2 0.4 0.9
Weighted average number of shares and dilutive potential shares
   outstanding		 215.9 219.9 224.1
Basic earnings (loss) per share of common stock:
Continuing operations $ 4.83  $ 5.77  $ 6.72 
Discontinued operations (18.88) (10.32) 0.52 
Total basic earnings (loss) per share of common stock $ (14.05) $ (4.55) $ 7.24 
Diluted earnings (loss) per share of common stock:
Continuing operations $ 4.83  $ 5.76  $ 6.70 
Discontinued operations (18.86) (10.30) 0.51 
Total diluted earnings (loss) per share of common stock $ (14.03) $ (4.54) $ 7.21 
For the years ended February 1, 2025, February 3, 2024 and January 28, 2023, share-based awards of 3.1 million shares, 2.4 million shares and 3.0 million shares, respectively, were excluded from the calculation of diluted earnings per share because their inclusion would be anti-dilutive.