XML 23 R5.htm IDEA: XBRL DOCUMENT v3.22.4
Consolidated Balance Sheets - USD ($)
$ in Millions
Jan. 28, 2023
Jan. 29, 2022
Current Assets:    
Cash and Cash Equivalents $ 427 $ 490
Accounts Receivable, Net 141 162
Inventories 1,052 949
Other 117 90
Total Current Assets 1,737 1,691
Property and Equipment, Net 846 957
Operating Lease Assets 1,232 1,369
Goodwill 365 0
Trade Names 289 246
Other Intangible Assets 137 0
Deferred Income Taxes 18 17
Other Assets 87 64
Total Assets 4,711 4,344
Current Liabilities:    
Accounts Payable 481 538
Accrued Expenses and Other 737 714
Current Debt 4 4
Current Operating Lease Liabilities 310 340
Income Taxes 47 102
Total Current Liabilities 1,579 1,698
Deferred Income Taxes 53 58
Long-term Debt 1,271 978
Long-term Operating Lease Liabilities 1,201 1,314
Other Long-term Liabilities 206 39
Total Liabilities 4,310 4,087
Shareholders’ Equity:    
Preferred Stock—$0.01 par value; 10 shares authorized; none issued 0 0
Common Stock—$0.01 par value; 1,000 shares authorized; 80 and 85 shares issued; 80 and 85 shares outstanding, respectively 1 1
Paid-in Capital 195 125
Accumulated Other Comprehensive Income 1 5
Retained Earnings 186 126
Total Victoria's Secret & Co. Shareholders' Equity 383 257
Noncontrolling Interest 18 0
Total Equity 401 257
Total Liabilities and Equity $ 4,711 $ 4,344