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Segment Information (Tables)
12 Months Ended
Feb. 01, 2025
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information
The following table provides the Company's segment information for 2024, 2023 and 2022:
202420232022
(in millions)
Net Sales$6,230 $6,182 $6,344 
Costs of Goods Sold(2,591)(2,564)(2,701)
Buying and Occupancy Expenses(1,355)(1,376)(1,385)
General, Administrative and Store Operating Expenses (a)(1,545)(1,542)(1,436)
Advertising and Marketing Expenses(429)(454)(344)
Operating Income$310 $246 $478 
Interest Expense(86)(99)(60)
Provision for Income Taxes(52)(31)(79)
Other Items (b)(7)(7)
Net Income Attributable to Victoria's Secret & Co.$165 $109 $348 
_______________
(a)Excludes Advertising and Marketing Expenses.
(b)Other Items includes net income (loss) attributable to noncontrolling interest, interest income and other miscellaneous expense items.
Revenue from External Customers by Geographic Areas
The following table provides Net Sales by geographic location for 2024, 2023 and 2022:
202420232022
(in millions)
U.S. (a)$5,252 $5,272 $5,514 
Outside of the U.S.978 910 830 
Total Net Sales$6,230 $6,182 $6,344 
_______________
(a)Includes U.S. territories.
Long-Lived Assets by Geographic Areas
The following table provides long-lived assets, excluding deferred tax assets, equity method investments, goodwill, trade names, and other intangible assets, by geographic location as of February 1, 2025 and February 3, 2024:
February 1,
2025
February 3,
2024
(in millions)
U.S. (a)$2,136 $2,072 
Outside of the U.S.143 148 
Total Long-lived Assets$2,279 $2,220 
_______________
(a)Includes U.S. territories.