v3.26.1
Fair Value Measurements (Tables)
 6 Months Ended
Jul. 31, 2026
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value
The following table presents the Company’s financial assets and liabilities measured at fair value on a recurring basis as of July 31, 2026, August 1, 2025, and January 30, 2026:
Fair Value Measurements at
(In millions)ClassificationMeasurement LevelJuly 31,
2026		August 1,
2025		January 30,
2026
Available-for-sale debt securities:
Money market fundsShort-term investmentsLevel 1$76 $60 $81 
U.S. Treasury securitiesShort-term investmentsLevel 175 225 195 
Corporate debt securitiesShort-term investmentsLevel 246 5 32 
Foreign government debt securitiesShort-term investmentsLevel 219 19 21 
Certificates of depositShort-term investmentsLevel 112 37 31 
Municipal obligationsShort-term investmentsLevel 27 2 10 
Commercial paperShort-term investmentsLevel 2— 48 — 
U.S. Treasury securitiesLong-term investmentsLevel 1149 125 211 
Corporate debt securitiesLong-term investmentsLevel 227 119 92 
Foreign government debt securitiesLong-term investmentsLevel 23 22 16 
Municipal obligationsLong-term investmentsLevel 2— 7 — 
Derivative instruments:
Fixed-to-floating interest rate swapsOther current liabilitiesLevel 2$8 $6 $15 
Fixed-to-floating interest rate swapsOther liabilitiesLevel 2— 24 — 
Schedule of Carrying and Fair Value Amount of Long-Term Debt
Carrying amounts and the related estimated fair value of the Company’s long-term debt, excluding finance lease obligations and the 2025 Term Loan, are as follows:
July 31, 2026August 1, 2025January 30, 2026
(In millions)Carrying AmountFair ValueCarrying AmountFair ValueCarrying AmountFair Value
Unsecured notes (Level 1)$35,200 $31,339 $34,289 $31,198 $37,530 $34,907