CONSOLIDATED AND COMBINED BALANCE SHEETS - USD ($) $ in Millions	Apr. 29, 2023	Jan. 28, 2023	Apr. 30, 2022
Current Assets:
Cash and Cash Equivalents	$ 132	$ 427	$ 204
Accounts Receivable, Net	126	141	152
Inventories	1,041	1,052	1,046
Other	136	117	112
Total Current Assets	1,435	1,737	1,514
Property and Equipment, Net	834	846	901
Operating Lease Assets	1,245	1,232	1,299
Goodwill	368	365	0
Trade Names	288	289	246
Other Intangible Assets, Net	132	137	0
Deferred Income Taxes	16	18	17
Other Assets	87	87	88
Total Assets	4,405	4,711	4,065
Current Liabilities:
Accounts Payable	388	481	443
Accrued Expenses and Other	649	737	607
Current Debt	4	4	4
Current Operating Lease Liabilities	298	310	299
Income Taxes	30	47	98
Total Current Liabilities	1,369	1,579	1,451
Deferred Income Taxes	62	53	63
Long-term Debt	1,271	1,271	977
Long-term Operating Lease Liabilities	1,219	1,201	1,274
Other Long-term Liabilities	197	206	49
Total Liabilities	4,118	4,310	3,814
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; 78, 80, and 83 shares issued and outstanding, respectively	1	1	1
Paid-in Capital	173	195	166
Accumulated Other Comprehensive Income (Loss)	(1)	1	8
Retained Earnings	92	186	52
Total Victoria's Secret & Co. Shareholders' Equity	265	383	227
Noncontrolling Interest	22	18	24
Total Equity	287	401	251
Total Liabilities and Equity	$ 4,405	$ 4,711	$ 4,065