Revenue

6 Months Ended

Aug. 03, 2019

Revenue from Contract with Customer [Abstract]

Revenue

NOTE 3: REVENUE

Contract Liabilities

Contract liabilities represent our obligation to transfer goods or services to customers and include deferred revenue for The Nordy Club (including loyalty points and Nordstrom Notes) and gift cards. Our contract liabilities are classified as current on the Condensed Consolidated Balance Sheet and are as follows:

	Contract Liabilities
Opening balance as of February 4, 2018		$498
Balance as of May 5, 2018	460
Balance as of August 4, 2018	445
Balance as of February 2, 2019	548
Balance as of May 4, 2019	504
Balance as of August 3, 2019	488

Revenues recognized from our beginning contract liability balance were $138 and $231 for the quarter and six months ended August 3, 2019 and $77 and $228 for the quarter and six months ended August 4, 2018.

Disaggregation of Revenue

The following table summarizes our disaggregated net sales:

	Quarter Ended						Six Months Ended
	August 3, 2019			August 4, 2018			August 3, 2019			August 4, 2018
Full-Price		$2,530			$2,707			$4,657			$4,948
Off-Price	1,248			1,273			2,470			2,502
Total net sales		$3,778			$3,980			$7,127			$7,450
Digital sales as a % of total net sales1	30		%	28		%	31		%	28		%

¹  In 2019, we updated our digital sales calculation, including our prior year digital sales calculation for comparability. Although we do not expect the change to be material for the full year, some timing differences will occur between the second and third quarters.

The following table summarizes the percent of net sales by merchandise category:

	Quarter Ended				Six Months Ended
	August 3, 2019		August 4, 2018		August 3, 2019		August 4, 2018
Women’s Apparel	32	%	32	%	32	%	33	%
Shoes	23	%	23	%	24	%	24	%
Men’s Apparel	16	%	17	%	16	%	16	%
Women’s Accessories	11	%	11	%	11	%	11	%
Beauty	11	%	11	%	11	%	11	%
Kids’ Apparel	4	%	4	%	4	%	3	%
Other	3	%	2	%	2	%	2	%
Total net sales	100	%	100	%	100	%	100	%