Shareholders' Equity (Deficit) (Tables)

12 Months Ended

Jan. 28, 2023

Stockholders' Equity Note [Abstract]

Schedule of Company's repurchase program

The Company repurchased the following shares of its common stock during 2021:

Repurchase Program	Amount Authorized		Shares Repurchased	Amount Repurchased		Average Stock Price
	(in millions)		(in thousands)	(in millions)
March 2021 (a)	$	500	6,996	$	464	$	66.30
July 2021 (a)	1,500		10,000	730		73.01
July 2021 (b)			11,234	770		68.53
Total			28,230	$	1,964

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(a)Reflects repurchases of L Brands, Inc. common stock prior to the August 2, 2021 spin-off of Victoria's Secret & Co.

(b)Reflects repurchases of Bath & Body Works, Inc. common stock subsequent to the August 2, 2021 spin-off of Victoria's Secret & Co.

The Company repurchased the following shares of its common stock during 2022:

Repurchase Program	Amount Authorized		Shares Repurchased	Amount Repurchased		Average Stock Price
	(in millions)		(in thousands)	(in millions)
February 2022	$	1,500	6,401	$	312	$	48.77
February 2022 - Accelerated Share Repurchase Program			20,295	1,000		49.27
Total			26,696	$	1,312

Schedule of Dividends Paid

The Company paid the following dividends during 2022, 2021 and 2020:

	Ordinary Dividends		Total Paid
	(per share)		(in millions)
2022
First Quarter	$	0.20	$	48
Second Quarter	0.20		46
Third Quarter	0.20		46
Fourth Quarter	0.20		46
2022 Total	$	0.80	$	186
2021
First Quarter	$	—	$	—
Second Quarter	0.15		42
Third Quarter	0.15		39
Fourth Quarter	0.15		39
2021 Total	$	0.45	$	120
2020
First Quarter	$	0.30	$	83
Second Quarter	—		—
Third Quarter	—		—
Fourth Quarter	—		—
2020 Total	$	0.30	$	83

On March 3, 2023, the Company paid its first quarter 2023 dividend of $0.20 per share to stockholders of record at the close of business on February 17, 2023.