v3.24.1.1.u2
Net Income Per Share
3 Months Ended
Apr. 28, 2024
Earnings Per Share [Abstract]  
Net Income Per Share Net Income Per Share
The following is a reconciliation of the denominator of the basic and diluted net income per share computations for the periods presented:
 Three Months Ended
Apr 28, 2024Apr 30, 2023
 (In millions, except per share data)
Numerator:  
Net income$14,881 $2,043 
Denominator:
Basic weighted average shares2,462 2,470 
Dilutive impact of outstanding equity awards27 20 
Diluted weighted average shares2,489 2,490 
Net income per share:
Basic (1)$6.04 $0.83 
Diluted (2)$5.98 $0.82 
Equity awards excluded from diluted net income per share because their effect would have been anti-dilutive
(1)    Calculated as net income divided by basic weighted average shares.
(2)    Calculated as net income divided by diluted weighted average shares.
Diluted net income per share is computed using the weighted average number of common and potentially dilutive shares outstanding during the period, using the treasury stock method. Any anti-dilutive effect of equity awards outstanding is not included in the computation of diluted net income per share.