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Fair Value Measurements (Tables)
12 Months Ended
Jan. 29, 2022
Fair Value Measurements [Abstract]  
Fair Value, Assets and Liabilities Measured on Recurring Basis Fair Value Fair Value atAssets Balance Sheet Location(1) Hierarchy January 29, 2022 January 30, 2021Money market funds(2) Cash and cash equivalents Level 1 $ 548  $ 1,575  Time deposits(3) Cash and cash equivalents Level 2 278  865  Time deposits(3) Other current assets Level 2 - 65  Marketable securities that fund deferred compensation(4) Other assets Level 1 54  53  Interest rate swap derivative instruments(5) Other assets Level 2 50  91  (1)Balance sheet location is determined by the length to maturity.(2)Valued at quoted market prices in active markets.(3)Valued at face value plus accrued interest, which approximates fair value.(4)Valued using select mutual fund performance that trade with sufficient frequency and volume to obtain pricing information on an ongoing basis. (5)Valued using readily observable market inputs. These instruments are custom, over-the-counter contracts with various bank counterparties that are not traded on an active market. Refer to Note 6, Derivative Instruments, for additional information.
Fair Value of Financial Instruments January 29, 2022 January 30, 2021 Fair Value Carrying Value Fair Value Carrying ValueLong-term debt(1)$ 1,205  $ 1,200  $ 1,331  $ 1,241  (1)Excludes debt discounts, issuance costs and finance lease obligations