v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Shares of common stock
Additional paid-in capital
Retained earnings
Accumulated other comprehensive income (loss)
Balance, beginning (in shares) at Feb. 02, 2024   52      
Beginning Balance at Feb. 02, 2024 $ 1,785   $ 337 $ 1,432 $ 16
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 158     158  
Issuances of stock 9   9    
Other comprehensive income (loss), net of tax (5)       (5)
Cash dividends (39)     (39)  
Stock-based compensation, net of shares withheld for taxes [1] 2   2    
Repurchases of stock (in shares)   (2)      
Repurchases of stock (285)   (285)    
Balance, ending (in shares) at Aug. 02, 2024   50      
Ending Balance at Aug. 02, 2024 1,625   63 1,551 11
Balance, beginning (in shares) at May. 03, 2024   51      
Beginning Balance at May. 03, 2024 1,759   251 1,489 19
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 81     81  
Issuances of stock 5   5    
Other comprehensive income (loss), net of tax (8)       (8)
Cash dividends (19)     (19)  
Stock-based compensation, net of shares withheld for taxes [1] 11   11    
Repurchases of stock (in shares)   (1)      
Repurchases of stock (204)   (204)    
Balance, ending (in shares) at Aug. 02, 2024   50      
Ending Balance at Aug. 02, 2024 $ 1,625   63 1,551 11
Balance, beginning (in shares) at Jan. 31, 2025 48 48      
Beginning Balance at Jan. 31, 2025 $ 1,577   0 1,565 12
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 195     195  
Issuances of stock 12   12    
Other comprehensive income (loss), net of tax (3)       (3)
Cash dividends (36)     (36)  
Stock-based compensation, net of shares withheld for taxes [1] 6   6    
Repurchases of stock (in shares)   (2)      
Repurchases of stock $ (234)   (18) (216)  
Balance, ending (in shares) at Aug. 01, 2025 46 46      
Ending Balance at Aug. 01, 2025 $ 1,517   0 1,508 9
Balance, beginning (in shares) at May. 02, 2025   47      
Beginning Balance at May. 02, 2025 1,505   0 1,494 11
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 127     127  
Issuances of stock 6   6    
Other comprehensive income (loss), net of tax (2)       (2)
Cash dividends (18)     (18)  
Stock-based compensation, net of shares withheld for taxes [1] 8   8    
Repurchases of stock (in shares)   (1)      
Repurchases of stock $ (109)   (14) (95)  
Balance, ending (in shares) at Aug. 01, 2025 46 46      
Ending Balance at Aug. 01, 2025 $ 1,517   $ 0 $ 1,508 $ 9
[1] During the three months ended August 1, 2025 and August 2, 2024, shares withheld for taxes related to stock-based compensation arrangements amounted to $2 million and $1 million, respectively. During the six months ended August 1, 2025 and August 2, 2024, shares withheld for taxes related to stock-based compensation arrangements amounted to $19 million and $23 million, respectively.