XML 25 R11.htm IDEA: XBRL DOCUMENT v3.22.2.2
Net Income Per Share
 3 Months Ended
Oct. 29, 2022
Earnings Per Share [Abstract]  
Net Income Per Share Net Income Per Share
The following table sets forth the calculations of basic and diluted net income per share:
13 Weeks Ended39 Weeks Ended
October 29,October 30,October 29,October 30,
(in millions, except per share data)2022202120222021
Basic net income per share:
Net income$266.9 $216.8 $1,163.2 $873.7 
Weighted average number of shares outstanding222.2 224.9 223.9 228.9 
Basic net income per share$1.20 $0.96 $5.20 $3.82 
Diluted net income per share:
Net income$266.9 $216.8 $1,163.2 $873.7 
Weighted average number of shares outstanding222.2 224.9 223.9 228.9 
Dilutive effect of stock options and restricted stock (as
   determined by applying the treasury stock method)		0.8 0.9 0.9 1.0 
Weighted average number of shares and dilutive potential
   shares outstanding		223.0 225.8 224.8 229.9 
Diluted net income per share$1.20 $0.96 $5.17 $3.80 
Stock options and other stock-based awards of 2.3 million shares and 3.0 million shares were excluded from the calculation of diluted net income per share for the 13 and 39 weeks ended October 29, 2022, respectively, because their inclusion would be anti-dilutive. Stock options and other stock-based awards of 0.1 million shares and 1.1 million shares were excluded from the calculation of diluted net income per share for the 13 and 39 weeks ended October 30, 2021, respectively, because their inclusion would be anti-dilutive.