LEASES AND LEASE-FINANCED TRANSACTIONS (Tables)

12 Months Ended

Feb. 01, 2025

LEASES AND LEASE-FINANCED TRANSACTIONS

Schedule of supplemental balance sheet classification

		February 1,		February 3,
	Classification	2025		2024
Assets
Operating	Operating lease assets	$	6,839	$	6,692
Finance	Property, plant and equipment, net(1)		1,917		1,971
Total leased assets		$	8,756	$	8,663
Liabilities
Current
Operating	Current portion of operating lease liabilities	$	599	$	670
Finance	Current portion of long-term debt including obligations under finance leases		168		173
Noncurrent
Operating	Noncurrent operating lease liabilities		6,578		6,351
Finance	Long-term debt including obligations under finance leases		1,828		1,866
Total lease liabilities		$	9,173	$	9,060

(1) Finance lease assets are recorded net of accumulated amortization of $915 and $730 as of February 1, 2025 and February 3, 2024, respectively.

Schedule of components of lease cost

		Year-To-Date		Year-To-Date
Lease Cost	Classification	February 1, 2025		February 3, 2024
Operating lease cost(1)	Rent Expense	$	988	$	1,006
Sublease and other rental income	Rent Expense		(111)		(115)
Finance lease cost
Amortization of leased assets	Depreciation and Amortization		203		195
Interest on lease liabilities	Interest Expense		84		78
Net lease cost		$	1,164	$	1,164

(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
2025	$	974	$	261	$	1,235
2026		921		262		1,183
2027		866		265		1,131
2028		799		259		1,058
2029		734		255		989
Thereafter		5,832		1,280		7,112
Total lease payments		10,126		2,582	$	12,708
Less amount representing interest		2,949		586
Present value of lease liabilities(1)	$	7,177	$	1,996

(1) Includes the current portion of $599 for operating leases and $168 for finance leases.

Schedule of weighted-average lease term and discount rate

	February 1, 2025		February 3, 2024
Weighted-average remaining lease term (years)
Operating leases	13.7		13.9
Finance leases	11.5		11.8
Weighted-average discount rate
Operating leases	4.6	%	4.4	%
Finance leases	4.7	%	3.8	%

Schedule of supplemental cash flow information

	Year-To-Date		Year-To-Date
	February 1, 2025		February 3, 2024
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	916	$	984
Operating cash flows from finance leases	$	84	$	78
Financing cash flows from finance leases	$	168	$	173
Leased assets obtained in exchange for new operating lease liabilities	$	786	$	700
Leased assets obtained in exchange for new finance lease liabilities	$	157	$	168
Net gain recognized from sale and leaseback transactions(1)	$	39	$	37
Impairment of operating lease assets	$	13	$	15
Impairment of finance lease assets	$	—	$	—

(1) In 2024, the Company entered into sale leaseback transactions related to five properties, which resulted in total proceeds of $52. In 2023, the Company entered into sale leaseback transactions related to nine properties, which resulted in total proceeds of $52.