Share-based Compensation (Tables)

12 Months Ended

Feb. 03, 2024

Share-Based Payment Arrangement, Noncash Expense [Abstract]

Share-Based Compensation Expense

The following table provides share-based compensation expense included in the Consolidated and Combined Statements of Income for 2023, 2022 and 2021:

	2023		2022		2021
	(in millions)
Costs of Goods Sold, Buying and Occupancy	$	17	$	18	$	12
General, Administrative and Store Operating Expenses	39		30		21
Total Share-based Compensation Expense	$	56	$	48	$	33

Restricted Stock Activity

The following table provides the Company’s restricted stock activity for the fiscal year ended February 3, 2024:

	Number of Shares	Weighted-Average Grant Date Fair Value
	(in thousands)
Unvested as of January 28, 2023	3,266	$	39.98
Granted	2,837	28.60
Vested	(1,261)	35.22
Cancelled	(479)	38.42
Unvested as of February 3, 2024	4,363	$	34.25