Revenue

9 Months Ended

Oct. 31, 2020

Revenue from Contract with Customer [Abstract]

Revenue

NOTE 2: REVENUE

Contract Liabilities

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

	Contract Liabilities
Balance as of February 2, 2019	$548
Balance as of May 4, 2019	504
Balance as of August 3, 2019	488
Balance as of November 2, 2019	483
Balance as of February 1, 2020	576
Balance as of May 2, 2020	489
Balance as of August 1, 2020	498
Balance as of October 31, 2020	478

Revenues recognized from our beginning contract liability balance were $98 and $223 for the quarter and nine months ended October 31, 2020 and $110 and $269 for the quarter and nine months ended November 2, 2019.

Disaggregation of Revenue

The following table summarizes our disaggregated net sales:

	Quarter Ended				Nine Months Ended
	October 31, 2020		November 2, 2019		October 31, 2020		November 2, 2019
Full-Price	$2,120		$2,270		$4,543		$6,928
Off-Price	882		1,296		2,263		3,766
Total net sales	$3,002		$3,566		$6,806		$10,694
Digital sales as a % of total net sales	54	%	34	%	56	%	32	%

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

	Quarter Ended				Nine Months Ended
	October 31, 2020		November 2, 2019		October 31, 2020		November 2, 2019
Women’s Apparel	31	%	32	%	30	%	33	%
Shoes	26	%	25	%	26	%	24	%
Women’s Accessories	13	%	10	%	13	%	11	%
Beauty	13	%	10	%	13	%	10	%
Men’s Apparel	10	%	16	%	11	%	16	%
Kids’ Apparel	4	%	4	%	4	%	4	%
Other	3	%	3	%	3	%	2	%
Total net sales	100	%	100	%	100	%	100	%