Shareholders' Equity (Tables)

12 Months Ended

Feb. 03, 2024

Shareholders' Equity [Abstract]

Stock-Based Compensation Expense

	2024		2023		2022
Share awards:
Time-based	$	126	$	121	$	109
Market-based		19		14		12
Performance-based		-		-		17
Stock options		-		3		3
Stock-based compensation expense		145		138		141
Income tax benefits		27		27		26
Stock-based compensation expense, net of tax	$	118	$	111	$	115

Time-Based Share Awards

Time-Based Share Awards	Shares	Weighted-Average Fair Value per Share
Outstanding as of January 28, 2023	3,046	$	90.96
Granted	2,003	$	77.70
Vested and distributed	(1,476)	$	85.71
Forfeited	(307)	$	91.83
Outstanding as of February 3, 2024	3,266	$	85.71

Market-Based Share Awards

Market-Based Share Awards	Shares	Weighted-Average Fair Value per Share
Outstanding as of January 28, 2023	514	$	96.61
Granted	267	$	86.95
Adjustment for performance achievement	(178)	$	53.18
Forfeited	(24)	$	98.03
Outstanding as of February 3, 2024	579	$	106.38

Performance-Based Share Awards

Performance-Based Share Awards	Shares	Weighted-Average Fair Value per Share
Outstanding as of January 28, 2023	288	$	67.36
Granted	2	$	111.87
Adjustment for performance achievement	(46)	$	51.79
Distributed	(195)	$	61.07
Forfeited	(4)	$	77.40
Outstanding as of February 3, 2024	45	$	111.68

Stock Option Activity

	Stock Options ‎(in thousands)	Weighted-Average ‎ Exercise Price ‎per Share		Weighted-Average ‎ Remaining Contractual Term ‎(in years)		Aggregate ‎Intrinsic Value ‎(in millions)
Outstanding as of January 28, 2023	720	$	60.91
Exercised	(152)	$	62.97
Forfeited	(39)	$	69.11
Outstanding as of February 3, 2024	529	$	59.71		4.9	$	8

Earnings Per Share

	2024		2023		2022
Numerator
Net earnings	$	1,241	$	1,419	$	2,454
Denominator
Weighted-average common shares outstanding		217.7		224.8		246.8
Dilutive effect of stock compensation plan awards		0.8		0.9		2.5
Weighted-average common shares outstanding, assuming dilution		218.5		225.7		249.3
Potential shares which were anti-dilutive and excluded from weighted-average share computations		-		0.7		0.1
Basic earnings per share	$	5.70	$	6.31	$	9.94
Diluted earnings per share	$	5.68	$	6.29	$	9.84

Share Repurchases and Retired

	2024		2023		2022
Total cost of shares repurchased	$	340	$	1,001	$	3,504
Average price per share	$	72.52	$	84.78	$	108.97
Number of shares repurchased and retired		4.7		11.8		32.2