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 4, 2018 | | July 29, 2017 | | August 4, 2018 | | July 29, 2017 | Earnings/(loss) | | | | | | | | Net income/(loss) | $ | (101 | ) | | $ | (48 | ) | | $ | (179 | ) | | $ | (235 | ) | Shares | | | | | | | | Weighted average common shares outstanding (basic shares) | 315.7 |
|
| 310.8 |
| | 314.8 |
| | 310.2 |
| Adjustment for assumed dilution: | | | | | | | | Stock options, restricted stock awards and warrant | — |
| | — |
| | — |
| | — |
| Weighted average shares assuming dilution (diluted shares) | 315.7 |
| | 310.8 |
| | 314.8 |
| | 310.2 |
| EPS | | | | | | | | Basic | $ | (0.32 | ) | | $ | (0.15 | ) | | $ | (0.57 | ) | | $ | (0.76 | ) | Diluted | $ | (0.32 | ) | | $ | (0.15 | ) | | $ | (0.57 | ) | | $ | (0.76 | ) |
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 4, 2018 | | July 29, 2017 | | August 4, 2018 | | July 29, 2017 | Stock options, restricted stock awards and warrant | 25.6 |
| | 33.5 |
| | 27.2 |
| | 33.3 |
|
|