Revenue

3 Months Ended

Apr. 29, 2023

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 points and Nordstrom Notes), gift cards and our amended 2022 TD program agreement. Our contract liabilities are classified on the Condensed Consolidated Balance Sheets as follows:

	Other current liabilities	Other liabilities
Balance as of January 29, 2022	$478	$—
Balance as of April 30, 2022	442	—
Balance as of January 28, 2023	536	136
Balance as of April 29, 2023	489	123

Revenues recognized from our beginning contract liability balance were $137 for the quarter ended April 29, 2023 and $128 for the quarter ended April 30, 2022.

Disaggregation of Revenue

The following table summarizes our disaggregated net sales:

	Quarter Ended
	April 29, 2023		April 30, 2022
Nordstrom	$2,027		$2,289
Nordstrom Rack	1,037		1,178
Total net sales	$3,064		$3,467
Digital sales as a % of total net sales	36	%	39	%

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

	Quarter Ended
	April 29, 2023		April 30, 2022
Women’s Apparel	29	%	30	%
Shoes	26	%	26	%
Men’s Apparel	15	%	14	%
Accessories	12	%	13	%
Beauty	12	%	11	%
Kids’ Apparel	3	%	3	%
Other	3	%	3	%
Total net sales	100	%	100	%