Transactions with Former Parent (Tables)

12 Months Ended

Feb. 03, 2024

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 2021 Consolidated and Combined Statement of Equity:

	2021
	(in millions)
Cash Pooling and General Financing Activities, Net	$	(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)
Total Net Transfers to Former Parent	$	(1,053)

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(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 2023, 2022 and 2021:

	2023		2022		2021
	(in millions)
Consideration Received	$	29	$	72	$	55
Costs Recognized	43		74		42

The following table summarizes the recognized costs pursuant to the Domestic Transportation Services Agreement for 2023, 2022 and 2021:

	2023		2022		2021
	(in millions)
Costs Recognized	$	78	$	91	$	46