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 | | Six Months Ended | (in millions, except per share data) | August 1,
2015 | | August 2,
2014 | | August 1,
2015 | | August 2,
2014 | Earnings/(loss) | | | | | | | | Net income/(loss) | $ | (138 | ) | | $ | (172 | ) | | $ | (305 | ) | | $ | (524 | ) | Shares | | | | | | | | Weighted average common shares outstanding (basic shares) | 305.9 |
|
| 305.2 |
| | 305.7 |
| | 305.1 |
| Adjustment for assumed dilution: | | | | | | | | Stock options, restricted stock awards and warrant | — |
| | — |
| | — |
| | — |
| Weighted average shares assuming dilution (diluted shares) | 305.9 |
| | 305.2 |
| | 305.7 |
| | 305.1 |
| EPS | | | | | | | | Basic | $ | (0.45 | ) | | $ | (0.56 | ) | | $ | (1.00 | ) | | $ | (1.72 | ) | Diluted | $ | (0.45 | ) | | $ | (0.56 | ) | | $ | (1.00 | ) | | $ | (1.72 | ) |
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 | | Six Months Ended | (Shares in millions) | August 1,
2015 | | August 2,
2014 | | August 1,
2015 | | August 2,
2014 | Stock options, restricted stock awards and warrant | 34.6 |
| | 26.7 |
| | 33.2 |
| | 25.4 |
|
|