Derivative Financial Instruments (Tables)

3 Months Ended

May 03, 2025

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Effect of Hedges on Debt and Net Interest Expense

Effect of Hedges on Debt (millions)	May 3, 2025		February 1, 2025		May 4, 2024
Long-term debt and other borrowings
Carrying amount of hedged debt	$	2,126	$	2,069	$	2,285
Cumulative hedging adjustments, included in carrying amount	(68)		(125)		(157)

Effect of Hedges on Net Interest Expense	Three Months Ended
(millions)	May 3, 2025		May 4, 2024
Gain (loss) on fair value hedges recognized in Net Interest Expense
Interest rate swaps designated as fair value hedges	$	57	$	(31)
Hedged debt	(57)		31
Gain on cash flow hedges recognized in Net Interest Expense	6		6
Total	$	6	$	6