INVESTMENTS (Tables)

6 Months Ended

Aug. 02, 2024

Investments, Debt and Equity Securities [Abstract]

Schedule of Carrying Value of Equity and Other Securities

The following table presents the cost, cumulative unrealized gains, cumulative unrealized losses, and carrying value of the Company's strategic investments in marketable and non-marketable equity and other securities as of the dates indicated:

	August 2, 2024								February 2, 2024
	Cost		Unrealized Gain		Unrealized Loss		Carrying Value		Cost		Unrealized Gain		Unrealized Loss		Carrying Value
	(in millions)
Marketable	$	12	$	24	$	(32)	$	4	$	12	$	24	$	(26)	$	10
Non-marketable	704		855		(263)		1,296		732		1,015		(454)		1,293
Total equity and other securities	$	716	$	879	$	(295)	$	1,300	$	744	$	1,039	$	(480)	$	1,303

Schedule of Gains and Losses on Equity and Other Securities

The following table presents unrealized gains and losses on marketable and non-marketable equity and other securities for the periods indicated:

	Three Months Ended				Six Months Ended
	August 2, 2024		August 4, 2023		August 2, 2024		August 4, 2023
	(in millions)
Marketable securities:
Unrealized gain	$	—	$	1	$	—	$	1
Unrealized loss	(1)		—		(6)		(23)
Net unrealized gain (loss)	(1)		1		(6)		(22)
Non-marketable securities:
Unrealized gain	—		—		—		9
Unrealized loss	—		(41)		(31)		(46)
Net unrealized loss (a) (b)	—		(41)		(31)		(37)
Net unrealized loss on equity and other securities	$	(1)	$	(40)	$	(37)	$	(59)

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(a)    For the six months ended August 2, 2024, unrealized losses on non-marketable securities were attributable to downward adjustments for observable price changes.

(b)    For the three and six months ended August 4, 2023, net unrealized losses on non-marketable securities were primarily attributable to impairments partially offset by upward adjustments for observable price changes.