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Fair Value Measurements (Tables)
 6 Months Ended
Aug. 01, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Abstract]  
Carrying Value And Fair Value Of Long-Term Debt, Disclosure
The following table provides a summary of the principal value and estimated fair value of outstanding publicly traded debt as of August 1, 2020, February 1, 2020 and August 3, 2019:
 
August 1,
2020
 
February 1,
2020
 
August 3,
2019
 
(in millions)
Principal Value
$
6,708

 
$
5,458

 
$
5,458

Fair Value, Estimated (a)
6,692

 
5,555

 
5,215


  _______________
(a)
The estimated fair value of the Company’s publicly traded debt is based on reported transaction prices, which are considered Level 2 inputs in accordance with ASC 820, Fair Value Measurement. The estimates presented are not necessarily indicative of the amounts that the Company could realize in a current market exchange.