Exit Activities (Tables)

12 Months Ended

Jan. 31, 2020

Restructuring and Related Activities [Abstract]

Schedule of exit activity expenses

The following table summarizes store closing lease obligations activity during the twelve months ended January 31, 2020 and February 1, 2019:

(In millions)	Lease obligations
Accrual for exit activities, balance at February 2, 2018	$	60
Additions to the accrual - net	365
Cash payments	(86		)
Adjustments 1	22
Accrual for exit activities, balance at February 1, 2019	$	361
ASU 2016-02 adoption impact 2	(168		)
Cash payments	(43		)
Adjustments 1	(62		)
Accrual for exit activities, balance at January 31, 2020	$	88

¹  Adjustments represents lease terminations and changes in estimates around sublease assumptions.

² 

Upon adoption of ASU 2016-02, Leases (Topic 842), rent liabilities previously recognized in connection with leases were included in the determination of right-of-use assets at transition.

A summary of the significant charges associated with the 2019 strategic review of the Canadian operations, are as follows:

	Year Ended
(In millions)	January 31, 2020
Long-lived asset impairment	53
Accelerated depreciation and amortization	23
Severance costs	17
Other closing costs	15
Total	$	108

A summary of the significant charges associated with the exit of the Orchard operations is as follows:

	Year Ended
(In millions)	February 1, 2019
Lease obligation costs for closed locations	$	217
Long-lived asset impairment	206
Accelerated depreciation and amortization	103
Discontinued project write-offs	24
Severance costs	11
Total	$	561

A summary of the significant charges associated with the closure of these stores is as follows:

	Year Ended
(In millions)	February 1, 2019
Long-lived asset impairment	$	90
Lease obligation costs for closed locations	89
Accelerated depreciation and amortization	50
Severance costs	32
Discontinued project write-offs	10
Total	$	271

A summary of the significant charges incurred as a result of the exit of the Company’s Mexico operations is as follows:

	Year Ended
(In millions)	February 1, 2019
Long-lived asset impairment	$	244
Total	$	244

A summary of the significant charges incurred as a result of these decisions is as follows:

	Year Ended
(In millions)	February 1, 2019
Other closing costs	$	34
Severance costs	16
Long-lived asset impairment	9
Total	$	59