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Revenue
$ in Millions
 6 Months Ended
Jul. 31, 2021
USD ($)
Revenue from Contract with Customer [Abstract]  
Liabilities, Other than Long-term Debt, Noncurrent $ 50
Revenue from Contract with Customer [Text Block] Revenue
Disaggregation of Net Sales
We disaggregate our net sales between stores and online and also by brand and region. Net sales by region are allocated based on the location of the store where the customer paid for and received the merchandise or the distribution center or store from which the products were shipped.
Net sales disaggregated for stores and online sales are as follows:
13 Weeks Ended26 Weeks Ended
($ in millions)July 31, 2021August 1, 2020July 31, 2021August 1, 2020
Store sales (1)$2,828 $1,642 $5,212 $2,750 
Online sales (2)1,383 1,633 2,990 2,632 
Total net sales$4,211 $3,275 $8,202 $5,382 
__________
(1)Store sales primarily include sales made at our Company-operated stores and franchise sales.
(2)Online sales primarily include sales originating from our online channel including those that are picked up or shipped from stores.
Net sales disaggregated by brand and region are as follows:
($ in millions)Old Navy GlobalGap GlobalBanana Republic GlobalAthleta (2)Other (3)Total
13 Weeks Ended July 31, 2021
U.S. (1)$2,177 $615 $428 $340 $11 $3,571 
Canada191 79 43 — — 313 
Europe— 116 1 1 — 118 
Asia— 135 19 — — 154 
Other regions22 29 4 — — 55 
Total$2,390 $974 $495 $341 $11 $4,211 
($ in millions)Old Navy GlobalGap GlobalBanana Republic GlobalAthleta (2)Other (3)Total
13 Weeks Ended August 1, 2020
U.S. (1)$1,726 $473 $236 $267 $61 $2,763 
Canada145 63 27 — — 235 
Europe— 70 2 — — 72 
Asia2 158 14 — — 174 
Other regions8 19 4 — — 31 
Total$1,881 $783 $283 $267 $61 $3,275 
($ in millions)Old Navy GlobalGap GlobalBanana Republic GlobalAthleta (2)Other (3)Total
26 Weeks Ended July 31, 2021
U.S. (1)$4,276 $1,171 $761 $687 $100 $6,995 
Canada350 147 77 — — 574 
Europe— 185 4 1 — 190 
Asia1 298 35 — — 334 
Other regions43 59 7 — — 109 
Total$4,670 $1,860 $884 $688 $100 $8,202 
($ in millions)Old Navy GlobalGap GlobalBanana Republic GlobalAthleta (2)Other (3)Total
26 Weeks Ended August 1, 2020
U.S. (1)$2,675 $784 $481 $472 $112 $4,524 
Canada222 97 51 — — 370 
Europe— 124 5 — — 129 
Asia3 266 26 — — 295 
Other regions19 36 9 — — 64 
Total$2,919 $1,307 $572 $472 $112 $5,382 
__________
(1)U.S. includes the United States, Puerto Rico, and Guam.
(2)Previously, net sales for the Athleta brand were grouped within the "Other" column. Beginning in fiscal 2021, we have made a change for all periods presented to break out Athleta net sales into its own column.
(3)The "Other" column primarily consists of net sales for the Intermix and Janie and Jack brands, as well as sales from the business-to-business program. The sale of Janie and Jack was completed on April 8, 2021. The sale of Intermix was completed on May 21, 2021. Net sales for the thirteen and twenty-six weeks ended August 1, 2020 also included net sales for the Hill City brand, which was closed in January 2021.
Deferred Revenue
We defer revenue when cash payments are received in advance of performance for unsatisfied obligations related to our gift cards, credit vouchers, licensing agreements, outstanding loyalty points, and reimbursements of loyalty program discounts associated with our credit card agreement. For the thirteen weeks ended July 31, 2021, the opening balance of deferred revenue for these obligations was $222 million, of which $81 million was recognized as revenue during the period. For the twenty-six weeks ended July 31, 2021, the opening balance of deferred revenue for these obligations was $231 million, of which $125 million was recognized as revenue during the period. The closing balance of deferred revenue for these obligations was $239 million as of July 31, 2021.
We expect that the majority of our revenue deferrals as of the quarter ended July 31, 2021, will be recognized as revenue in the next twelve months as our performance obligations are satisfied.
For the thirteen weeks ended August 1, 2020, the opening balance of deferred revenue for these obligations was $198 million, of which $63 million was recognized as revenue during the period. For the twenty-six weeks ended August 1, 2020, the opening balance of deferred revenue for these obligations was $226 million, of which $118 million was recognized as revenue during the period. The closing balance of deferred revenue for these obligations was $189 million as of August 1, 2020.
During the twenty-six weeks ended July 31, 2021, the Company entered into agreements with Barclays and Mastercard relating to a new long-term credit card program that is expected to begin in the second quarter of fiscal 2022. Accordingly, our private label credit card program with Synchrony Financial will be discontinued upon the launch of the new long-term credit card program. During the twenty-six weeks ended July 31, 2021, the Company received $50 million relating to the new agreements, which was recorded in other long-term liabilities on our Condensed Consolidated Balance Sheet as of July 31, 2021.