Revenue Contract with Customer Liability (Tables)

9 Months Ended

Oct. 31, 2020

Revenue from Contract with Customer [Abstract]

Contract with Customer, Liability [Table Text Block]

The liabilities are included in other accounts payable and accrued expenses in the unaudited Interim Consolidated Balance Sheets and were as follows:

(in millions)	October 31, 2020		November 2, 2019		February 1, 2020
Gift cards	$	102	$	110	$	136
Loyalty rewards	67		63		58
Total contract liability	$	169	$	173	$	194

Change in Contract with Customer, Liability Rollforward [Table Text Block]

A rollforward of the amounts included in contract liability for the first nine months of 2020 and 2019 are as follows:

(in millions)	2020		2019
Beginning balance	$	194	$	200
Current period gift cards sold and loyalty reward points earned	114		246
Net sales from amounts included in contract liability opening balances	(54)		(71)
Net sales from current period usage	(85)		(202)
Ending balance	$	169	$	173