FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Aug. 02, 2024

Fair Value Disclosures [Abstract]

Schedule of Hierarchy for Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following table presents the Company’s hierarchy for its assets and liabilities measured at fair value on a recurring basis as of the dates indicated:

	August 2, 2024								February 2, 2024
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
	Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs				Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
	(in millions)
Assets:
Money market funds	$	1,432	$	—	$	—	$	1,432	$	3,170	$	—	$	—	$	3,170
Marketable equity and other securities	4		—		—		4		10		—		—		10
Derivative instruments	—		159		—		159		—		104		—		104
Total assets	$	1,436	$	159	$	—	$	1,595	$	3,180	$	104	$	—	$	3,284
Liabilities:
Derivative instruments	$	—	$	71	$	—	$	71	$	—	$	84	$	—	$	84
Total liabilities	$	—	$	71	$	—	$	71	$	—	$	84	$	—	$	84

Schedule of Carrying Value and Estimated Fair Value of Outstanding Debt

Carrying Value and Estimated Fair Value of Outstanding Debt — The following table presents the carrying value and estimated fair value of the Company’s outstanding debt as described in Note 6 of the Notes to the Condensed Consolidated Financial Statements, including the current portion, as of the dates indicated:

	August 2, 2024				February 2, 2024
	Carrying Value		Fair Value		Carrying Value		Fair Value
	(in billions)
Senior Notes	$	14.5	$	14.9	$	15.5	$	15.8
Legacy Notes	$	0.9	$	1.0	$	0.9	$	1.0
DFS Debt	$	9.1	$	8.8	$	9.5	$	9.1