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Revenue Recognition
9 Months Ended
Nov. 01, 2025
Revenue from Contract with Customer [Abstract]  
Revenue Recognition

2. Revenue Recognition

The following table summarizes net sales by line of business:

 

 

Three Months Ended

Nine Months Ended

(Dollars in Millions)

November 1, 2025

November 2, 2024

November 1, 2025

November 2, 2024

Women's

$844

$869

$2,638

$2,796

Accessories (including Sephora)

669

650

1,988

1,934

Men's

677

701

1,950

2,041

Home

464

473

1,240

1,301

Children's

453

486

1,100

1,189

Footwear

300

328

887

949

Net sales

$3,407

$3,507

$9,803

$10,210

 

Unredeemed gift cards and merchandise return card liabilities totaled $234 million as of November 1, 2025, $308 million as of February 1, 2025, and $263 million as of November 2, 2024. In the third quarter of 2025 and 2024, net sales of $17 million and $19 million, respectively, were recognized from gift cards redeemed in the current period and issued in prior years. Year to date 2025 and 2024, net sales of $99 million and $107 million, respectively, were recognized from gift cards redeemed during the current year and issued in prior years.