v3.24.2.u1
Net Income Per Share
 6 Months Ended
Jul. 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 EndedSix Months Ended
Jul 28, 2024Jul 30, 2023Jul 28, 2024Jul 30, 2023
 (In millions, except per share data)
Numerator:  
Net income$16,599 $6,188 $31,480 $8,232 
Denominator:
Basic weighted average shares24,578 24,729 24,599 24,716 
Dilutive impact of outstanding equity awards270 265 270 232 
Diluted weighted average shares24,848 24,994 24,869 24,948 
Net income per share:
Basic (1)$0.68 $0.25 $1.28 $0.33 
Diluted (2)$0.67 $0.25 $1.27 $0.33 
Equity awards excluded from diluted net income per share because their effect would have been anti-dilutive5 104 68 136 
(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. The anti-dilutive effect of equity awards outstanding is not included in the computation of diluted net income per share.