Fair Value Measurements (Tables)

6 Months Ended

Aug. 01, 2026

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Abstract]

Summary of Fair Value of Plan Assets Measured on a Recurring Basis

The Company's financial assets are required to be measured at fair value on a recurring basis, by level within the hierarchy as defined by applicable accounting standards.

Level 1: Quoted prices in active markets for identical assets

Level 2: Significant observable inputs for the assets

Level 3: Significant unobservable inputs for the assets

The following table shows the estimated fair value of the Company's marketable equity and debt securities:

			Fair Value Measurements
	Total		Level 1		Level 2		Level 3
	(millions)
August 1, 2026	$	43	$	43	$	—	$	—
January 31, 2026	42		42		—		—
August 2, 2025	38		38		—		—

Summary of Estimated Fair Values of Company's Long Term Debt

The following table shows the estimated fair value of the Company's long-term debt, including the current portion of long-term debt:

	Notional Amount		Carrying Amount		Fair Value
	(millions)
August 1, 2026	$	2,441	$	2,433	$	2,281
January 31, 2026	2,441		2,432		2,307
August 2, 2025	2,635		2,626		2,336