XML 93 R77.htm IDEA: XBRL DOCUMENT v3.26.1
Income Taxes - Schedule of Reconciliation of Federal Statutory Income Tax Rate to Income Tax Expense (Current Year) (Details) - USD ($)
$ in Millions
12 Months Ended
Jan. 31, 2026
Feb. 01, 2025
Feb. 03, 2024
Amount      
Federal income tax at the statutory rate $ 295 $ 272 $ 340
State and local income taxes, net of federal income tax effect 38 52 57
Foreign tax effects:   3 (5)
Effect of cross-border tax laws, net of related foreign tax credits:      
Subpart F inclusion 19    
Other (1)    
Nontaxable or nondeductible items:      
Goodwill impairment 25 63 0
Other 11    
Other adjustments:      
Exit of a component of Best Buy Health business (27)    
Other (11) 10 8
Total income tax expense $ 337 $ 372 $ 381
Percent      
U.S. federal income tax at the statutory rate 21.00%    
State and local income taxes, net of federal income tax effect 2.70%    
Effect of cross-border tax laws, net of related foreign tax credits:      
Subpart F inclusion 1.30%    
Other (0.10%)    
Nontaxable or nondeductible items:      
Goodwill impairment 1.80%    
Other 0.80%    
Other adjustments:      
Exit of a component of Best Buy Health business (1.90%)    
Other (0.80%)    
Effective income tax rate 24.00% 28.70% 23.50%
China      
Amount      
Foreign tax effects: $ (20)    
Percent      
Foreign tax effects: (1.40%)    
Other foreign jurisdictions      
Amount      
Foreign tax effects: $ 8    
Percent      
Foreign tax effects: 0.60%