Calculate Targets times-interest-earned ratio for the year ending February 2, 2019. How does Targets ratio compare to Kohls Corporations ratio? (target $ is in million)

Traning Iweive months Target February 1, 2020 4,658 9 February 2, 2019 4,110 27 s S Numerator Operating income + Net other income / (expense) EBIT + Operating lease interest b) - Income taxes Net operating profit after taxes 4,667 4,137 86 83 1,045 856 $ 3,708 $ 3,364 February 2, 2019 February 3, 2018 S S S 281 R 1,052 10,223 11.117 Denominator Current portion of long-term debt and other borrowings + Noncurrent portion of long-term debt + Shareholders' investment + Operating lease liabilities - Cash and cash equivalents Invested capital Average invested capital February 1, 2020 1619 11,3382 11,833 2,4751 2,577 23,2308 23,2089 (c) 11,297 2,170 1,556 11,651 2,072 2,643 S S 23,186 S 22,478 S S 22,832 After-tax return on invested capital 16.0% 14.7 % Represents the add-back to operating income driven by the hypothetical interest expense we would incur if the property under our operating leases were owned or accounted fofas finance leases. Calculated using the discount rate for each lease and recorded as a component of rent expense within SG&A Expenses. Operating lease interest is added back to operating income in the ROIC calculation to control for differences in capital structure between us and our competitors. Calculated using the effective tax rates for continuing operations, which were 22.0 percent and 20.3 percent for the trailing twelve months ended February 1, 2020, and February 2, 2019, respectively. For the trailing twelve months ended February 1, 2020, and February 2, 2019, includes tax effect of $1,026 million and $839 million, respectively, related to EBIT, and $19 million and $17 million, respectively, related to operating lease interest. Total short-term and long-term opeating lease liabilities included within Accrued and Other Current Liabilities and Noncurrent Operating Lease Liabilities. Average based on the invested capital at the end of the current period and the invested capital at the end of the comparable prior period. N KOHL'S CORPORATION CONSOLIDATED STATEMENTS OF INCOME $ 2019 18,885 $ 1,089 19,974 12,140 2018 19,167 $ 1,062 20,229 12,199 2017 19,036 1,048 20,084 12,176 5,501 991 (Dollars in Millions, Except per Share Data) Net sales Other revenue Total revenue Cost of merchandise sold Operating expenses: Selling, general and administrative Depreciation and amortization Impairments, store closing and other costs Operating income Interest expense, net (Gain) loss on extinguishment of debt Income before income taxes Provision for income taxes Net income Net income per share: Basic Diluted 5,705 917 113 1,099 207 5,601 964 104 1,361 256 63 1,042 241 801 $ 1,416 299 (9) 901 210 691 $ 1,117 258 859 4.39 $ 4.37 $ 4.88 $ 4.84 $ 5.14 5.12 $ See accompanying Notes to Consolidated Financial Statements