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Inventories
3 Months Ended
May 02, 2026
Inventory Disclosure [Abstract]  
Inventories Inventories
The following table provides details of Inventories as of May 2, 2026, January 31, 2026 and May 3, 2025:
May 2,
2026
January 31,
2026
May 3,
2025
(in millions)
Finished Goods Merchandise$1,038 $1,013 $988 
Raw Materials and Merchandise Components60 58 55 
Total Inventories$1,098 $1,071 $1,043 
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.