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Fair Value Measurements (Tables)
3 Months Ended
May 03, 2020
Fair Value Disclosures [Abstract]  
Assets and liabilities measured at fair value on a recurring basis
Assets and liabilities that are measured at fair value on a recurring basis follow:
Fair Value at May 3, 2020 UsingFair Value at February 2, 2020 Using
in millions Quoted Prices in Active Markets for Identical Assets
(Level 1)
Significant
Observable Inputs
(Level 2)
Significant
Unobservable Inputs
(Level 3)
Quoted Prices in Active Markets for Identical Assets
(Level 1)
Significant
Observable Inputs
(Level 2)
Significant
Unobservable Inputs
(Level 3)
Derivative agreements – assets$—  $246  $—  $—  $133  $—  
Derivative agreements – liabilities—  —  —  —  —  —  
Total$—  $246  $—  $—  $133  $—  
Assets and liabilities measured at fair value on a nonrecurring basis
The aggregate fair values and carrying values of our senior notes follow:
May 3,
2020
February 2,
2020
in millions Fair Value
(Level 1)
Carrying
Value
Fair Value
(Level 1)
Carrying
Value
Senior notes$40,219  $34,397  $34,102  $29,344