LEASES AND LEASE-FINANCED TRANSACTIONS (Tables)

12 Months Ended

Jan. 28, 2023

LEASES AND LEASE-FINANCED TRANSACTIONS

Schedule of supplemental balance sheet classification

		January 28,		January 29,
	Classification	2023		2022
Assets
Operating	Operating lease assets	$	6,662	$	6,695
Finance	Property, plant and equipment, net(1)		2,018		1,525
Total leased assets		$	8,680	$	8,220
Liabilities
Current
Operating	Current portion of operating lease liabilities	$	662	$	650
Finance	Current portion of long-term debt including obligations under finance leases		157		104
Noncurrent
Operating	Noncurrent operating lease liabilities		6,372		6,426
Finance	Long-term debt including obligations under finance leases		1,929		1,515
Total lease liabilities		$	9,120	$	8,695

(1) Finance lease assets are recorded net of accumulated amortization of $562 and $414 as of January 28, 2023 and January 29, 2022.

Schedule of components of lease cost

		Year-To-Date		Year-To-Date
Lease Cost	Classification	January 28, 2023		January 29, 2022
Operating lease cost(1)	Rent Expense	$	950	$	954
Sublease and other rental income	Rent Expense		(111)		(109)
Finance lease cost
Amortization of leased assets	Depreciation and Amortization		161		95
Interest on lease liabilities	Interest Expense		66		52
Net lease cost		$	1,066	$	992

(1) Includes short-term leases and variable lease costs, which are immaterial.

Schedule of maturities of operating and finance lease liabilities

	Operating		Finance
	Leases		Leases		Total
2023	$	930	$	228	$	1,158
2024		864		226		1,090
2025		791		222		1,013
2026		740		221		961
2027		683		223		906
Thereafter		5,688		1,492		7,180
Total lease payments		9,696		2,612	$	12,308
Less amount representing interest		2,662		526
Present value of lease liabilities(1)	$	7,034	$	2,086

(1) Includes the current portion of $662 for operating leases and $157 for finance leases.

Schedule of weighted-average lease term and discount rate

	January 28, 2023		January 29, 2022
Weighted-average remaining lease term (years)
Operating leases	14.3		14.9
Finance leases	12.7		14.7
Weighted-average discount rate
Operating leases	4.2	%	4.1	%
Finance leases	3.5	%	3.7	%

Schedule of supplemental cash flow information

	Year-To-Date		Year-To-Date
	January 28, 2023		January 29, 2022
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	903	$	897
Operating cash flows from finance leases	$	66	$	52
Financing cash flows from finance leases	$	132	$	127
Leased assets obtained in exchange for new operating lease liabilities	$	602	$	669
Leased assets obtained in exchange for new finance lease liabilities	$	656	$	753
Net gain recognized from sale and leaseback transactions(1)	$	30	$	35
Impairment of operating lease assets	$	1	$	8
Impairment of finance lease assets	$	2	$	4

(1) In 2022, the Company entered into sale leaseback transactions related to five properties, which resulted in total proceeds of $44. In 2021, the Company entered into sale leaseback transactions related to seven properties, which resulted in total proceeds of $79.