Net Income Per Share (Tables)

3 Months Ended

Jan. 31, 2021

Schedule of Earnings Per Share, Basic and Diluted

The following is a reconciliation of the numerators and denominators of the basic and diluted net income per share computations for the periods presented:


	Fiscal Quarter Ended
	January 31, 2021		February 2, 2020

	(In millions, except per share data)
Numerator:
Income from continuing operations	$	1,378	$	380
Dividends on preferred stock	(74)		(74)
Income from continuing operations attributable to common stock	1,304		306



Income from discontinued operations, net of income taxes, attributable to common stock	—		5

Net income attributable to common stock	$	1,304	$	311

Denominator:
Weighted-average shares outstanding - basic	407		398
Dilutive effect of equity awards	21		22

Weighted-average shares outstanding - diluted	428		420




Basic income per share attributable to common stock:
Income per share from continuing operations	$	3.20	$	0.77
Income per share from discontinued operations	—		0.01
Net income per share	$	3.20	$	0.78

Diluted income per share attributable to common stock:
Income per share from continuing operations	$	3.05	$	0.73
Income per share from discontinued operations	—		0.01
Net income per share	$	3.05	$	0.74