XML 22 R10.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Earnings Per Share And Shareholders' Equity | 9 Months Ended
--- | ---
Nov. 03, 2018
Earnings Per Share And Shareholders' Equity [Abstract] |
Stockholders' Equity Note Disclosure [Text Block] | Earnings Per Share and Shareholders’ Equity (Deficit) Earnings Per Share Earnings per basic share is computed based on the weighted-average number of outstanding common shares. Earnings per diluted share include the weighted-average effect of dilutive options and restricted stock on the weighted-average shares outstanding. The following table provides shares utilized for the calculation of basic and diluted earnings per share for the third quarter and year-to-date 2018 and 2017:
| Third Quarter |  | Year-to-Date
| 2018 |  | 2017 |  | 2018 |  | 2017
| (in millions)
Weighted-average Common Shares: |  |  |  |  |  |  |
Issued Shares | 283 |  |  | 318 |  |  | 283 |  |  | 317 |
Treasury Shares | (8 | ) |  | (34 | ) |  | (6 | ) |  | (32 | )
Basic Shares | 275 |  |  | 284 |  |  | 277 |  |  | 285 |
Effect of Dilutive Options and Restricted Stock | — |  |  | 1 |  |  | 2 |  |  | 3 |
Diluted Shares | 275 |  |  | 285 |  |  | 279 |  |  | 288 |
Anti-dilutive Options and Awards (a) | NA |  |  | 6 |  |  | 5 |  |  | 5 |
_______________
(a) | These options and awards were excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive. In the third quarter of 2018, all options and awards outstanding were excluded from dilutive shares as a result of the Company's net loss in the quarter.
Shareholders’ Equity (Deficit) Common Stock Share Repurchases Under the authority of the Company’s Board of Directors, the Company repurchased shares of its common stock under the following repurchase programs for year-to-date 2018 and 2017:
| Amount Authorized |  | Shares Repurchased |  | Amount Repurchased |  | Average Stock Price of Shares Repurchased within Program
Repurchase Program |  | 2018 |  | 2017 |  | 2018 |  | 2017 |  | 2018 |  | 2017
| (in millions) |  | (in thousands) |  | (in millions) |  |  |  |
March 2018 | $ | 250 |  |  | 4,852 |  |  | NA |  |  | $ | 171 |  |  | NA |  |  | $ | 35.29 |  |  | NA |
September 2017 | 250 |  |  | 527 |  |  | 935 |  |  | 25 |  |  | $ | 39 |  |  | $ | 46.98 |  |  | $ | 41.30 |
February 2017 | 250 |  |  | NA |  |  | 5,500 |  |  | NA |  |  | 240 |  |  | NA |  |  | $ | 43.57 |
February 2016 | 500 |  |  | NA |  |  | 51 |  |  | NA |  |  | 3 |  |  | NA |  |  | $ | 58.95 |
Total |  |  | 5,379 |  |  | 6,486 |  |  | $ | 196 |  |  | $ | 282 |  |  |  |  |
In March 2018, the Company's Board of Directors approved a new $250 million share repurchase program, which included the $23 million remaining under the September 2017 repurchase program. In September 2017, the Company's Board of Directors approved a $250 million share repurchase program, which included the $10 million remaining under the February 2017 repurchase program. In February 2017, the Company's Board of Directors approved a $250 million share repurchase program, which included the $59 million remaining under the February 2016 repurchase program. In February 2016, the Company's Board of Directors approved a $500 million share repurchase program, which included the $17 million remaining under the June 2015 repurchase program. The March 2018 repurchase program had $79 million remaining as of November 3, 2018. There were $2 million of share repurchases reflected in Accounts Payable on the February 3, 2018 and October 28, 2017 Consolidated Balance Sheets, respectively. Dividends Under the authority and declaration of the Board of Directors, the Company paid the following dividends during year-to-date 2018 and 2017:
|  | Ordinary Dividends |  | Total Paid
|  | (per share) |  | (in millions)
2018 |  |  |  |
Third Quarter |  | $ | 0.60 |  |  | $ | 165 |
Second Quarter |  | 0.60 |  |  | 167 |
First Quarter |  | 0.60 |  |  | 168 |
2018 Total |  | $ | 1.80 |  |  | $ | 500 |
2017 |  |  |  |
Third Quarter |  | $ | 0.60 |  |  | $ | 172 |
Second Quarter |  | 0.60 |  |  | 172 |
First Quarter |  | 0.60 |  |  | 172 |
2017 Total |  | $ | 1.80 |  |  | $ | 516 |

X
- Definition Earnings Per Share And Shareholders Equity [Abstract] + References No definition available. + Details
Name: | lb_EarningsPerShareAndShareholdersEquityAbstract
Namespace Prefix: | lb_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Stockholders Equity and Earnings Per Share. The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. Also includes the entire disclosure for earnings per share. + References No definition available. + Details
Name: | lb_StockholdersEquityAndEarningsPerShareTextBlock
Namespace Prefix: | lb_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration