Inventories

9 Months Ended

Oct. 29, 2022

Inventory, Net [Abstract]

Inventories

Inventories

The following table provides details of Inventories as of October 29, 2022, January 29, 2022 and October 30, 2021:

	October 29, 2022		January 29, 2022		October 30, 2021
	(in millions)
Finished Goods Merchandise	$	1,186	$	898	$	971
Raw Materials and Merchandise Components	56		51		48
Total Inventories	$	1,242	$	949	$	1,019

Inventories are principally valued at the lower of cost or net realizable value, on an average cost basis. The above amounts are net of valuation adjustments for inventory where the cost exceeds the amount the Company expects to realize from the ultimate sale or disposal of the inventory and net of loss adjustments for estimated physical inventory losses that have occurred since the date of the last physical inventory.