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Transactions with Former Parent (Tables)
9 Months Ended
Oct. 29, 2022
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 prior to the Separation in the third quarter and year-to-date 2021 Consolidated and Combined Statements of Equity:
Third QuarterYear-to-Date
20212021
Cash Pooling and General Financing Activities, Net$259 $(172)
Long-lived Assets (a)— 16 
Corporate Expense Allocations— 49 
Share-based Compensation Expense— 15 
Assumed Income Tax Payments— 15 
Cash Payment to Former Parent(976)(976)
Total Net Transfers to Former Parent$(717)$(1,053)
_______________
(a)Represents long-lived assets transferred between the Company and the Former Parent as a result of asset allocation decisions made during the period.
Schedule of Spinoff Transactions
The following table summarizes the recognized consideration and costs pursuant to the transition services agreements for the third quarter and year-to-date 2022 and 2021:
Third QuarterYear-to-Date
2022202120222021
(in millions)
Consideration Received
$16 $24 $56 $24 
Costs Recognized17 20 55 20 
The following table summarizes the recognized costs pursuant to the Domestic Transportation Services Agreement for the third quarter and year-to-date 2022 and 2021:
Third QuarterYear-to-Date
2022202120222021
(in millions)
Costs Recognized
$23 $18 $62 $18