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Derivative Instruments (Tables)
6 Months Ended
Jul. 30, 2022
Derivative Instruments [Abstract]  
Notional Amount of Derivative Instruments

Contract Type

July 30, 2022

January 29, 2022

July 31, 2021

Derivatives designated as net investment hedges

$

118 

$

155 

$

109 

Derivatives designated as interest rate swaps

500 

500 

500 

No hedge designation (foreign exchange contracts)

65 

68 

46 

Total

$

683 

$

723 

$

655 

Effects of Derivative Instruments on OCI and Earnings

Gain (Loss) Recognized

Statement of

Three Months Ended

Six Months Ended

Earnings Location

July 30, 2022

July 31, 2021

July 30, 2022

July 31, 2021

Interest rate swap contracts

Interest expense

$

14 

$

14 

$

(31)

$

(12)

Adjustments to carrying value of long-term debt

Interest expense

(14)

(14)

31 

12 

Total

$

-

$

-

$

-

$

-