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) | October 29, 2016 | | October 31, 2015 | | October 29, 2016 | | October 31, 2015 | Earnings/(loss) | | | | | | | | Net income/(loss) | $ | (67 | ) | | $ | (115 | ) | | $ | (191 | ) | | $ | (382 | ) | Shares | | | | | | | | Weighted average common shares outstanding (basic shares) | 308.3 |
|
| 306.0 |
| | 307.8 |
| | 305.8 |
| Adjustment for assumed dilution: | | | | | | | | Stock options, restricted stock awards and warrant | — |
| | — |
| | — |
| | — |
| Weighted average shares assuming dilution (diluted shares) | 308.3 |
| | 306.0 |
| | 307.8 |
| | 305.8 |
| EPS | | | | | | | | Basic | $ | (0.22 | ) | | $ | (0.38 | ) | | $ | (0.62 | ) | | $ | (1.25 | ) | Diluted | $ | (0.22 | ) | | $ | (0.38 | ) | | $ | (0.62 | ) | | $ | (1.25 | ) |
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) | October 29, 2016 | | October 31, 2015 | | October 29, 2016 | | October 31, 2015 | Stock options, restricted stock awards and warrant | 32.9 |
| | 32.0 |
| | 33.7 |
| | 31.8 |
|
|