|
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Millions, except Per Share data, unless otherwise specified |
3 Months Ended | |
|---|---|---|
|
May 03, 2014
|
May 04, 2013
|
|
| Income Statement [Abstract] | ||
| Total net sales | $ 2,801 | $ 2,635 |
| Cost of goods sold | 1,875 | 1,823 |
| Gross margin | 926 | 812 |
| Operating expenses/(income): | ||
| Selling, general and administrative (SG&A) | 1,009 | 1,078 |
| Pension | 1 | 34 |
| Depreciation and amortization | 158 | 136 |
| Real estate and other, net | (17) | (22) |
| Restructuring and management transition | 22 | 72 |
| Total operating expenses | 1,173 | 1,298 |
| Operating income/(loss) | (247) | (486) |
| Net interest expense | 97 | 61 |
| Income/(loss) before income taxes | (344) | (547) |
| Income tax expense/(benefit) | 8 | (199) |
| Net income/(loss) | $ (352) | $ (348) |
| Earnings/(loss) per share: | ||
| Basic (in dollars per share) | $ (1.15) | $ (1.58) |
| Diluted (in dollars per share) | $ (1.15) | $ (1.58) |
| Weighted average shares – basic | 305.0 | 219.9 |
| Weighted average shares – diluted | 305.0 | 219.9 |