Segment Information (Tables)

12 Months Ended

Feb. 01, 2020

Schedule of Segment Reporting Information

The following table provides the Company’s segment information as of and for the fiscal years ended February 1, 2020, February 2, 2019 and February 3, 2018:



	Victoria’s Secret			Bath & Body Works		Victoria’s Secret and Bath & Body Works International			Other			Total
	(in millions)
2019
Net Sales	$	6,805		$	5,170	$	600		$	339		$	12,914
Depreciation and Amortization	284			155		40			109			588
Operating Income (Loss) (a)	(616		)	1,191		(236		)	(81		)	258
Total Assets (b) (c)	3,883			2,837		939			2,466			10,125
Capital Expenditures	76			206		24			152			458
2018
Net Sales	$	7,375		$	4,631	$	605		$	626		$	13,237
Depreciation and Amortization	280			121		43			103			547
Operating Income (Loss) (d)	462			1,077		(37		)	(265		)	1,237
Total Assets (b)	3,129			1,898		842			2,221			8,090
Capital Expenditures	150			242		97			140			629
2017
Net Sales	$	7,387		$	4,148	$	502		$	595		$	12,632
Depreciation and Amortization	279			101		30			114			524
Operating Income (Loss)	932			953		5			(162		)	1,728
Total Assets (b)	3,369			1,753		800			2,227			8,149
Capital Expenditures	270			232		111			94			707

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(a)

Victoria's Secret includes goodwill and long-lived store asset impairment charges of $690 million and $51 million, respectively. Victoria's Secret and Bath & Body Works International includes long-lived store asset and goodwill impairment charges of $212 million and $30 million, respectively. For additional information see Note 7, “Property and Equipment, Net" and Note 9, "Goodwill and Trade Names."


(b)	Assets are allocated to the operating segments based on decision making authority relevant to the applicable assets.


(c)	The 2019 amounts reflect the Company's adoption of ASC 842, Leases, in the first quarter of 2019.

(d)

Victoria's Secret and Victoria's Secret and Bath & Body Works International includes long-lived store asset impairment charges of $70 million and $31 million, respectively, and Other includes a loss on the sale of La Senza of $99 million and Henri Bendel closures costs of $23 million. For additional information see Note 5, “Restructuring Activities" and Note 7, “Property and Equipment, Net."