DEBT AND DERIVATIVE INSTRUMENTS (Tables)

12 Months Ended

Jan. 28, 2024

Debt Disclosure [Abstract]

Schedule of Short-Term Debt

The following table presents additional information on borrowings under our commercial paper program during fiscal 2023 and fiscal 2022:

	Fiscal		Fiscal
in millions	2023		2022
Maximum amount outstanding during the period	$	1,453	$	2,745
Average daily short-term borrowings	72		269

Schedule of Long-Term Debt

The following table presents details of the components of our long-term debt:

				Carrying Amount (1)
in millions	Interest Payable	Principal Amount		January 28, 2024		January 29, 2023
2.70% Senior notes due April 2023	Semi-annually	$	—	$	—	$	1,000
3.75% Senior notes due February 2024	Semi-annually	1,100		1,100		1,099
2.70% Senior notes due April 2025	Semi-annually	500		499		498
5.125% Senior notes due April 2025	Semi-annually	500		498		—
3.35% Senior notes due September 2025	Semi-annually	1,000		999		998
4.00% Senior notes due September 2025	Semi-annually	750		749		748
3.00% Senior notes due April 2026	Semi-annually	1,300		1,296		1,295
2.125% Senior notes due September 2026	Semi-annually	1,000		995		994
4.95% Senior notes due September 2026	Semi-annually	750		746		—
2.875% Senior notes due April 2027	Semi-annually	750		745		744
2.50% Senior notes due April 2027	Semi-annually	750		746		745
2.80% Senior notes due September 2027	Semi-annually	1,000		979		979
0.90% Senior notes due March 2028	Semi-annually	500		497		496
1.50% Senior notes due September 2028	Semi-annually	1,000		994		993
3.90% Senior notes due December 2028	Semi-annually	1,000		970		977
4.90% Senior notes due April 2029	Semi-annually	750		743		—
2.95% Senior notes due June 2029	Semi-annually	1,750		1,665		1,675
2.70% Senior notes due April 2030	Semi-annually	1,500		1,346		1,347
1.375% Senior notes due March 2031	Semi-annually	1,250		1,167		1,170
1.875% Senior notes due September 2031	Semi-annually	1,000		936		942
3.25% Senior notes due April 2032	Semi-annually	1,250		1,239		1,237
4.50% Senior notes due September 2032	Semi-annually	1,250		1,243		1,242
5.875% Senior notes due December 2036	Semi-annually	3,000		2,872		2,874
3.30% Senior notes due April 2040	Semi-annually	1,250		1,057		1,075
5.40% Senior notes due September 2040	Semi-annually	500		496		496
5.95% Senior notes due April 2041	Semi-annually	1,000		991		990
4.20% Senior notes due April 2043	Semi-annually	1,000		927		939
4.875% Senior notes due February 2044	Semi-annually	1,000		982		981
4.40% Senior notes due March 2045	Semi-annually	1,000		980		980
4.25% Senior notes due April 2046	Semi-annually	1,600		1,586		1,586
3.90% Senior notes due June 2047	Semi-annually	1,150		1,145		1,144
4.50% Senior notes due December 2048	Semi-annually	1,500		1,465		1,464
3.125% Senior notes due December 2049	Semi-annually	1,250		1,173		1,178
3.35% Senior notes due April 2050	Semi-annually	1,500		1,472		1,472
2.375% Senior notes due March 2051	Semi-annually	1,250		1,150		1,156
2.75% Senior notes due September 2051	Semi-annually	1,000		983		983
3.625% Senior notes due April 2052	Semi-annually	1,500		1,458		1,458
4.95% Senior notes due September 2052	Semi-annually	1,000		980		980
3.50% Senior notes due September 2056	Semi-annually	1,000		974		973
Total senior notes		$	42,150	$	40,843	$	39,908
Finance lease obligations; payable in varying installments through April 30, 2076				$	3,268	$	3,285
Total long-term debt				44,111		43,193
Less current installments of long-term debt				1,368		1,231
Long-term debt, excluding current installments				$	42,743	$	41,962

—————

(1) Includes unamortized discounts, premiums, debt issuance costs, and the effects of fair value hedges.

Schedule of Maturities of Long-Term Debt

The following table presents our long-term debt maturities, excluding finance leases, as of January 28, 2024:

in millions	Principal
Fiscal 2024	$	1,100
Fiscal 2025	2,750
Fiscal 2026	3,050
Fiscal 2027	2,500
Fiscal 2028	2,500
Thereafter	30,250
Total	$	42,150