Debt (Tables)

9 Months Ended

Nov. 02, 2024

Debt Disclosure [Abstract]

Components of Long-term Debt

Long-term debt, which excludes borrowings on the revolving credit facility, consists of the following unsecured debt:

			Outstanding
Maturity (Dollars in Millions)	Effective Rate at Issuance	Coupon Rate	November 2, 2024	February 3, 2024	October 28, 2023
2023	4.78%	4.75%	$—	$—	$111
2025	9.50%	10.75%	—	113	113
2025	4.25%	4.25%	353	353	353
2029	7.36%	7.25%	42	42	42
2031	3.40%	4.63%	500	500	500
2033	6.05%	6.00%	112	112	112
2037	6.89%	6.88%	101	101	101
2045	5.57%	5.55%	427	427	427
Outstanding unsecured senior debt			1,535	1,648	1,759
Unamortized debt discounts and deferred financing costs			(8)	(10)	(10)
Current portion of unsecured senior debt			(353)	—	(111)
Long-term unsecured senior debt			$1,174	$1,638	$1,638
Effective interest rate at issuance			4.73%	5.06%	5.04%