Long-Lived Assets

12 Months Ended

Feb. 03, 2024

Property, Plant and Equipment [Abstract]

Long-Lived Assets

Long-Lived Assets

The following table provides details of Property and Equipment, Net as of February 3, 2024 and January 28, 2023:

	February 3, 2024		January 28, 2023
	(in millions)
Land and Improvements	$	90	$	90
Buildings and Improvements	319		306
Furniture, Fixtures, Software and Equipment	1,821		1,637
Leasehold Improvements	850		809
Construction in Progress	43		73
Total	3,123		2,915
Accumulated Depreciation and Amortization	(1,903)		(1,722)
Property and Equipment, Net	$	1,220	$	1,193

Depreciation expense was $269 million in 2023, $221 million in 2022 and $205 million in 2021.

The Company’s internationally-based long-lived assets, including operating lease assets, were $138 million as of February 3, 2024 and $146 million as of January 28, 2023.