DEBT AND DERIVATIVE INSTRUMENTS (Tables)

12 Months Ended

Feb. 02, 2025

The following table presents information on borrowings under our commercial paper program during fiscal 2024 and fiscal 2023:


	Fiscal		Fiscal
in millions	2024		2023
Maximum amount outstanding during the period	$	15,317	$	1,453
Average daily short-term borrowings	1,343		72

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		February 2, 2025		January 28, 2024
3.75% Senior notes due February 2024	Semi-annually	$	—	$	—	$	1,100
2.70% Senior notes due April 2025	Semi-annually	500		500		499
5.125% Senior notes due April 2025	Semi-annually	500		500		498
3.35% Senior notes due September 2025	Semi-annually	1,000		999		999
4.00% Senior notes due September 2025	Semi-annually	750		749		749
Floating rate Senior notes due December 2025	Quarterly	600		599		—
5.10% Senior notes due December 2025	Semi-annually	900		898		—
3.00% Senior notes due April 2026	Semi-annually	1,300		1,297		1,296
5.15% Senior notes due June 2026	Semi-annually	1,500		1,496		—
2.125% Senior notes due September 2026	Semi-annually	1,000		997		995
4.95% Senior notes due September 2026	Semi-annually	750		747		746
2.875% Senior notes due April 2027	Semi-annually	750		747		745
2.50% Senior notes due April 2027	Semi-annually	750		747		746
4.875% Senior notes due June 2027	Semi-annually	1,000		995		—
2.80% Senior notes due September 2027	Semi-annually	1,000		984		979
0.90% Senior notes due March 2028	Semi-annually	500		497		497
1.50% Senior notes due September 2028	Semi-annually	1,000		995		994
3.90% Senior notes due December 2028	Semi-annually	1,000		972		970
4.90% Senior notes due April 2029	Semi-annually	750		744		743
2.95% Senior notes due June 2029	Semi-annually	1,750		1,672		1,665
4.75% Senior notes due June 2029	Semi-annually	1,250		1,239		—
2.70% Senior notes due April 2030	Semi-annually	1,500		1,359		1,346
1.375% Senior notes due March 2031	Semi-annually	1,250		1,173		1,167
4.85% Senior notes due June 2031	Semi-annually	1,000		989		—
1.875% Senior notes due September 2031	Semi-annually	1,000		939		936
3.25% Senior notes due April 2032	Semi-annually	1,250		1,240		1,239
4.50% Senior notes due September 2032	Semi-annually	1,250		1,244		1,243
4.95% Senior notes due June 2034	Semi-annually	1,750		1,725		—
5.875% Senior notes due December 2036	Semi-annually	3,000		2,879		2,872
3.30% Senior notes due April 2040	Semi-annually	1,250		1,071		1,057
5.40% Senior notes due September 2040	Semi-annually	500		496		496
5.95% Senior notes due April 2041	Semi-annually	1,000		991		991
4.20% Senior notes due April 2043	Semi-annually	1,000		937		927
4.875% Senior notes due February 2044	Semi-annually	1,000		982		982
4.40% Senior notes due March 2045	Semi-annually	1,000		981		980
4.25% Senior notes due April 2046	Semi-annually	1,600		1,587		1,586
3.90% Senior notes due June 2047	Semi-annually	1,150		1,145		1,145
4.50% Senior notes due December 2048	Semi-annually	1,500		1,466		1,465
3.125% Senior notes due December 2049	Semi-annually	1,250		1,176		1,173
3.35% Senior notes due April 2050	Semi-annually	1,500		1,473		1,472
2.375% Senior notes due March 2051	Semi-annually	1,250		1,152		1,150
2.75% Senior notes due September 2051	Semi-annually	1,000		984		983
3.625% Senior notes due April 2052	Semi-annually	1,500		1,459		1,458
4.95% Senior notes due September 2052	Semi-annually	1,000		980		980
5.30% Senior notes due June 2054	Semi-annually	1,500		1,466		—
3.50% Senior notes due September 2056	Semi-annually	1,000		974		974
5.40% Senior notes due June 2064	Semi-annually	500		489		—
Total senior notes		$	51,050	$	49,731	$	40,843
Finance lease obligations; payable in varying installments through January 31, 2055				3,021		3,268
Other long-term debt				315		—
Total long-term debt				53,067		44,111
Less: current installments of long-term debt				4,582		1,368
Long-term debt, excluding current installments				$	48,485	$	42,743

—————

(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 February 2, 2025:


in millions	Principal
Fiscal 2025	$	4,315
Fiscal 2026	4,608
Fiscal 2027	3,559
Fiscal 2028	2,554
Fiscal 2029	3,799
Thereafter	32,530
Total	$	51,365

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details