CONSOLIDATED AND COMBINED BALANCE SHEETS - USD ($) $ in Millions	Oct. 29, 2022	Jan. 29, 2022	Oct. 30, 2021
Current Assets:
Cash and Cash Equivalents	$ 126	$ 490	$ 331
Accounts Receivable, Net	184	162	145
Inventories	1,242	949	1,019
Other	157	90	114
Total Current Assets	1,709	1,691	1,609
Property and Equipment, Net	855	957	976
Operating Lease Assets	1,228	1,369	1,448
Trade Name	246	246	246
Deferred Income Taxes	20	17	10
Other Assets	84	64	80
Total Assets	4,142	4,344	4,369
Current Liabilities:
Accounts Payable	397	538	560
Accrued Expenses and Other	618	714	696
Current Debt	4	4	4
Current Operating Lease Liabilities	305	340	320
Income Taxes	8	102	18
Total Current Liabilities	1,332	1,698	1,598
Deferred Income Taxes	59	58	107
Long-term Debt	1,244	978	978
Long-term Operating Lease Liabilities	1,207	1,314	1,391
Other Long-term Liabilities	48	39	43
Total Liabilities	3,890	4,087	4,117
Shareholders' Equity:
Preferred Stock — $0.01 par value; 10 shares authorized; 0 shares issued and outstanding	0	0	0
Common Stock — $0.01 par value; 1,000 shares authorized; 81, 85, and 89 shares issued and outstanding, respectively	1	1	1
Paid-in Capital	187	125	172
Accumulated Other Comprehensive Income	0	5	7
Retained Earnings	47	126	72
Total Victoria's Secret & Co. Shareholders' Equity	235	257	252
Noncontrolling Interest	17	0	0
Total Equity	252	257	252
Total Liabilities and Equity	$ 4,142	$ 4,344	$ 4,369