v3.26.1
Revenue Recognition
6 Months Ended
Aug. 01, 2026
Revenue from Contract with Customer [Abstract]  
Revenue Recognition

2. Revenue Recognition

The following table summarizes net sales by line of business:

 

 

Three Months Ended

Six Months Ended

(Dollars in Millions)

August 1, 2026

August 2, 2025

August 1, 2026

August 2, 2025

Women's

$928

$943

$1,777

$1,794

Accessories (including Sephora)

673

673

1,315

1,319

Men's

682

689

1,249

1,273

Home

411

406

780

776

Children's

334

335

643

647

Footwear

290

301

552

587

Net sales

$3,318

$3,347

$6,316

$6,396

 

Unredeemed gift cards and merchandise return card liabilities totaled $220 million as of August 1, 2026, $275 million as of January 31, 2026, and $242 million as of August 2, 2025. In the second quarter of 2026 and 2025, net sales of $23 million and $28 million, respectively, were recognized from gift cards redeemed in the current period and issued in prior years. Year to date 2026 and 2025, net sales of $69 million and $82 million, respectively, were recognized during the current period from gift cards redeemed during the current year and issued in prior years.