Inventories

9 Months Ended

Nov. 01, 2025

Inventory Disclosure [Abstract]

Inventories

Inventories

The following table provides details of Inventories as of November 1, 2025, February 1, 2025 and November 2, 2024:

	November 1, 2025		February 1, 2025		November 2, 2024
	(in millions)
Finished Goods Merchandise	$	1,322	$	901	$	1,242
Raw Materials and Merchandise Components	55		54		48
Total Inventories	$	1,377	$	955	$	1,290

Inventories are principally valued at the lower of cost or net realizable value, on an average cost basis. The above amounts are net of valuation adjustments for inventory where the cost exceeds the amount the Company expects to realize from the ultimate sale or disposal of the inventory and net of loss adjustments for estimated physical inventory losses that have occurred since the date of the last physical inventory.