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Financial Instruments and Risk Management (Tables)
12 Months Ended
Feb. 02, 2019
Financial Instruments and Risk Management [Abstract]  
Fair Value of Derivative Contracts on Gross Basis, by Type of Contract

The following is presented on a gross basis, by type of contract:

 

 

 

 

 

 

 

 

 

 

    

Balance Sheet

    

 

 

    

 

 

($ in millions) 

 

Caption

 

2018

2017

Hedging Instruments:

 

  

 

 

  

 

 

  

Foreign exchange forward contracts

 

Current assets

 

$

 —

 

$

 1

Foreign exchange forward contracts

 

Current liabilities

 

$

 1

 

$

 1

 

Notional Amounts for Outstanding Derivatives and Weighted-Average Exchange Rates of Foreign Exchange Forward Contracts

The table below presents the notional amounts for all outstanding derivatives and the weighted-average exchange rates of foreign exchange forward contracts at February 2, 2019:

 

 

 

 

 

 

 

    

 

Contract Value

    

Weighted-Average

 

 

 

($ in millions)

 

Exchange Rate

Inventory

 

 

  

 

  

Buy €/Sell British £

 

$

106

 

0.8859

Buy USD/Sell €

 

$

11

 

1.1448

 

 

 

 

 

 

Intercompany

 

 

 

 

  

Buy €/Sell Kr

 

$

 5

 

9.7244

Buy US $/Sell CAD $

 

$

 2

 

1.3273

Buy €/Sell CHf

 

$

 3

 

1.1265

Buy €/Sell US $

 

$

 1

 

1.1414