Transactions with Related Parties (Tables)

6 Months Ended

Jul. 31, 2021

Schedule of Net Transfers from (to) Related Party

The following table presents the components of Net Transfers from (to) L Brands, Inc. in the second quarter and year-to-date 2021 and 2020 Combined Statements of Equity:


	Second Quarter				Year-to-Date
	2021		2020		2021		2020
	(in millions)
Cash Pooling and General Financing Activities, Net	$	(322)	$	(171)	$	(431)	$	102
Long-lived Assets (a)	(4)		—		16		—
Corporate Expense Allocations	30		25		49		45
Share-based Compensation Expense	8		7		15		16
Assumed Income Tax Payments	$	13	$	2	15		8
Total Net Transfers from (to) L Brands, Inc.	$	(275)	$	(137)	$	(336)	$	171

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(a)Represents long-lived assets transferred between the Company and L Brands, Inc. as a result of asset allocation decisions made during the period.

Schedule of Outstanding Principal Balance of Notes

The following table provides the outstanding principal balance for these notes as of July 31, 2021:


	(in millions)
5.625% Fixed Interest Rate Notes due October 2023	$	320
9.375% Fixed Interest Rate Notes due July 2025	500
6.694% Fixed Interest Rate Notes due January 2027	297
5.25% Fixed Interest Rate Notes due February 2028	500
7.50% Fixed Interest Rate Notes due June 2029	500
6.625% Fixed Interest Rate Notes due October 2030	1,000
6.875% Fixed Interest Rate Notes due November 2035	1,000
6.75% Fixed Interest Rate Notes due July 2036	700
Total	$	4,817