Long-Lived Assets

3 Months Ended

May 03, 2025

Property, Plant and Equipment [Abstract]

Long-Lived Assets

Long-Lived Assets

The following table provides details of Property and Equipment, Net as of May 3, 2025, February 1, 2025 and May 4, 2024:

	May 3, 2025		February 1, 2025		May 4, 2024
	(in millions)
Property and Equipment, at Cost	$	3,491	$	3,503	$	3,564
Accumulated Depreciation and Amortization	(2,728)		(2,729)		(2,759)
Property and Equipment, Net	$	763	$	774	$	805

Depreciation expense was $55 million and $59 million for the first quarter of 2025 and 2024, respectively. Amortization expense for intangible assets was $6 million for both the first quarter of 2025 and 2024.