Transactions with Former Parent (Tables)

9 Months Ended

Oct. 30, 2021

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Net Transfers from (to) Former Parent

The following table presents the components of Net Transfers from (to) Former Parent in the third quarter and year-to-date 2021 and 2020 Consolidated and Combined Statements of Equity:

	Third Quarter				Year-to-Date
	2021		2020		2021		2020
	(in millions)
Cash Pooling and General Financing Activities, Net	$	259	$	(133)	$	(172)	$	(31)
Long-lived Assets (a)	—		—		16		—
Corporate Expense Allocations	—		17		49		62
Share-based Compensation Expense	—		4		15		20
Assumed Income Tax Payments	—		7		15		15
Cash Payment to Former Parent	(976)		—		(976)		—
Total Net Transfers from (to) Former Parent	$	(717)	$	(105)	$	(1,053)	$	66

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(a)Represents long-lived assets transferred between the Company and the Former Parent as a result of asset allocation decisions made during the period.