v3.25.1
Derivative Instruments (Tables)
3 Months Ended
May 03, 2025
Derivative Instruments [Abstract]  
Notional Amount of Derivative Instruments

Contract Type

May 3, 2025

February 1, 2025

May 4, 2024

Derivatives designated as net investment hedges

$

119 

$

119 

$

191 

Derivatives designated as fair value hedges (interest rate swaps)

500 

500 

500 

No hedge designation (foreign exchange contracts)

54 

42 

57 

Total

$

673 

$

661 

$

748 

Effects of Derivative Instruments on Consolidated Statements of Earnings

Gain (Loss) Recognized

Three Months Ended

Statement of Earnings Location

May 3, 2025

May 4, 2024

Interest rate swaps

Interest expense

$

6 

$

(15)

Adjustments to carrying value of long-term debt

Interest expense

(6)

15 

Total

$

-

$

-