CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	May 03, 2025	Feb. 01, 2025	May 04, 2024
Current Assets:
Cash and Cash Equivalents	$ 138	$ 227	$ 105
Accounts Receivable, Net	153	159	152
Inventories	1,043	955	987
Other	121	100	149
Total Current Assets	1,455	1,441	1,393
Property and Equipment, Net	763	774	805
Operating Lease Assets	1,534	1,481	1,316
Goodwill	367	367	367
Trade Names	279	281	283
Other Intangible Assets, Net	90	95	111
Deferred Income Taxes	23	22	20
Other Assets	69	71	89
Total Assets	4,580	4,532	4,384
Current Liabilities:
Accounts Payable	423	419	412
Accrued Expenses and Other	543	633	755
Current Debt	4	4	4
Current Operating Lease Liabilities	260	287	246
Income Taxes	26	32	18
Total Current Liabilities	1,256	1,375	1,435
Deferred Income Taxes	16	11	42
Long-term Debt	1,078	973	1,119
Long-term Operating Lease Liabilities	1,482	1,434	1,285
Other Long-term Liabilities	75	75	58
Total Liabilities	3,907	3,868	3,939
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; 80, 79, and 78 shares issued and outstanding, respectively	1	1	1
Paid-in Capital	302	297	248
Accumulated Other Comprehensive Income (Loss)	1	(1)	0
Retained Earnings	341	343	174
Total Victoria's Secret & Co. Shareholders' Equity	645	640	423
Noncontrolling Interest	28	24	22
Total Equity	673	664	445
Total Liabilities and Equity	$ 4,580	$ 4,532	$ 4,384