v3.26.1
Derivative Financial Instruments (Tables)
6 Months Ended
Aug. 01, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Effect of Hedges on Debt and Net Interest Expense
Effect of Hedges on Debt
(millions)
August 1, 2026January 31, 2026August 2, 2025
Long-term debt and other borrowings
Carrying amount of hedged debt$2,335 $2,139 $2,132 
Cumulative hedging adjustments, included in carrying amount(106)(55)(63)

Effect of Hedges on Net Interest ExpenseThree Months EndedSix Months Ended
(millions)August 1, 2026August 2, 2025August 1, 2026August 2, 2025
Gain (loss) on fair value hedges recognized in Net Interest Expense
Interest rate swaps designated as fair value hedges$(41)$$(51)$62 
Hedged debt41 (6)51 (62)
Gain on cash flow hedges recognized in Net Interest Expense12 12 
Total$$$12 $12