Earnings/(Loss) per Share Net income/(loss) and shares used to compute basic and diluted earnings/(loss) per share (EPS) are reconciled below: | | | | | | | | | | | | | | | | | | Three Months Ended | | Nine Months Ended | (in millions, except per share data) | November 2, 2013 | | October 27, 2012 | | November 2, 2013 | | October 27, 2012 | Earnings/(loss) | | | | | | | | Net income/(loss) | $ | (489 | ) | | $ | (123 | ) | | $ | (1,423 | ) | | $ | (433 | ) | Shares | | | | | | | | Weighted average common shares outstanding (basic shares) | 251.8 |
| (1) | 219.4 |
| | 230.8 |
| (1) | 219.1 |
| Adjustment for assumed dilution: | | | | | | | | Stock options, restricted stock awards and warrant | — |
| | — |
| | — |
| | — |
| Weighted average shares assuming dilution (diluted shares) | 251.8 |
| | 219.4 |
| | 230.8 |
| | 219.1 |
| EPS | | | | | | | | Basic | $ | (1.94 | ) | | $ | (0.56 | ) | | $ | (6.17 | ) | | $ | (1.98 | ) | Diluted | $ | (1.94 | ) | | $ | (0.56 | ) | | $ | (6.17 | ) | | $ | (1.98 | ) |
(1) On October 1, 2013, we issued 84 million shares of common stock with a par value of $0.50 per share. The following average potential shares of common stock were excluded from the diluted EPS calculation because their effect would have been anti-dilutive: | | | | | | | | | | | | | | Three Months Ended | | Nine Months Ended | (Shares in millions) | November 2, 2013 | | October 27, 2012 | | November 2, 2013 | | October 27, 2012 | Stock options, restricted stock awards and warrant | 23.9 |
| | 25.0 |
| | 24.6 |
| | 25.3 |
|
|