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 | (in millions, except per share data) | April 29,
2017 | | April 30,
2016 | Earnings/(loss) | | | | Net income/(loss) | $ | (180 | ) | | $ | (68 | ) | Shares | | | | Weighted average common shares outstanding (basic shares) | 309.6 |
| | 307.2 |
| Adjustment for assumed dilution: | | | | Stock options, restricted stock awards and warrant | — |
| | — |
| Weighted average shares assuming dilution (diluted shares) | 309.6 |
| | 307.2 |
| EPS | | | | Basic | $ | (0.58 | ) | | $ | (0.22 | ) | Diluted | $ | (0.58 | ) | | $ | (0.22 | ) |
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 | (Shares in millions) | April 29,
2017 | | April 30,
2016 | Stock options, restricted stock awards and warrant | 33.1 |
| | 35.2 |
|
|