v3.26.1
Derivative Instruments (Tables)
 3 Months Ended
May 02, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Notional Amount of Derivative Instruments
The net notional amounts of our derivative instruments were as follows ($ in millions):
 May 2, 2026January 31, 2026May 3, 2025
Derivatives designated as net investment hedges$119 $119 $119 
Derivatives designated as fair value hedges (interest rate swaps)500 500 500 
No hedge designation (foreign exchange contracts)31 34 54 
Total$650 $653 $673 
Schedule of Effects of Derivative Instruments on Consolidated Statements of Earnings
Effects of our fair value hedges included in Interest expense on our Condensed Consolidated Statements of Earnings were as follows ($ in millions):
Gain (Loss) Recognized
Three Months Ended
May 2, 2026May 3, 2025
Interest rate swaps$(7)$6 
Adjustments to carrying value of long-term debt7 (6)
Total$- $-