v2.4.0.6
Earnings Per Share (Tables)
6 Months Ended
Apr. 29, 2012
Earnings Per Share [Abstract]  
Elements used in computing both basic and diluted net earnings per share
 
Three Months Ended
 
Six Months Ended
 
April 29,
2012
 
May 1,
2011
 
April 29,
2012
 
May 1,
2011
 
(In millions, except per share amounts)
Numerator:
 
 
 
 
 
 
 
Net income
$
289

 
$
489

 
$
406

 
$
995

Denominator:
 
 
 
 
 
 
 
Weighted average common shares outstanding
1,289

 
1,320

 
1,294

 
1,322

Effect of dilutive stock options, restricted stock units and employee stock purchase plan shares
12

 
13

 
11

 
11

Denominator for diluted earnings per share
1,301

 
1,333

 
1,305

 
1,333

Basic and diluted earnings per share
$
0.22

 
$
0.37

 
$
0.31

 
$
0.75

Potentially dilutive securities
8

 
18

 
13

 
18

 

Potentially dilutive securities attributable to outstanding stock options and restricted stock units were excluded from the calculation of diluted net income per share because the combined exercise price, average unamortized fair value and assumed tax benefits upon the exercise of options and the vesting of restricted stock units were greater than the average market price of the Company’s shares, and therefore their inclusion would have been anti-dilutive.