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Stockholders' Equity
6 Months Ended
Aug. 01, 2021
Equity [Abstract]  
Stockholders' Equity STOCKHOLDERS' EQUITY
Stock Rollforward
The following table presents a reconciliation of the number of shares of our common stock and cash dividends per share:
shares in millionsThree Months EndedSix Months Ended
August 1,
2021
August 2,
2020
August 1,
2021
August 2,
2020
Common stock:
Balance at beginning of period1,790 1,788 1,789 1,786 
Shares issued under employee stock plans— 
Balance at end of period1,791 1,788 1,791 1,788 
Treasury stock:
Balance at beginning of period(725)(712)(712)(709)
Repurchases of common stock(10)— (23)(3)
Balance at end of period(735)(712)(735)(712)
Shares outstanding at end of period1,056 1,076 1,056 1,076 
Cash dividends per share$1.65 $1.50 $3.30 $3.00 
Share Repurchases
In May 2021, our Board of Directors approved a $20.0 billion share repurchase authorization that replaced the previous authorization. This new authorization does not have a prescribed expiration date. As of August 1, 2021, approximately $17.6 billion of the $20.0 billion share repurchase authorization remained available.
In March 2020, we suspended our share repurchases to enhance our liquidity position during the COVID-19 pandemic. We resumed share repurchases in the first quarter of fiscal 2021.
The following table presents information about our repurchases of common stock, all of which were completed through open market purchases:
in millions
Three Months EndedSix Months Ended
August 1,
2021
August 2,
2020
August 1,
2021
August 2,
2020
Total number of shares repurchased10 — 23 
Total amount paid for shares repurchased$3,000 $— $7,000 $597 
These amounts may differ from the repurchases of common stock amounts in the consolidated statements of cash flows due to unsettled share repurchases at the end of a period.