v3.26.1
Inventories
6 Months Ended
Aug. 01, 2026
Inventory Disclosure [Abstract]  
Inventories Inventories
The following table provides details of Inventories as of August 1, 2026, January 31, 2026 and August 2, 2025:
August 1,
2026
January 31,
2026
August 2,
2025
(in millions)
Finished Goods Merchandise$1,070 $1,013 $981 
Raw Materials and Merchandise Components76 58 77 
Total Inventories$1,146 $1,071 $1,058 
Inventories are principally valued at the lower of cost or net realizable value, on an average cost basis. The above amounts are net of valuation adjustments for inventory where the cost exceeds the amount the Company expects to realize from the ultimate sale or disposal of the inventory and net of loss adjustments for estimated physical inventory losses that have occurred since the date of the last physical inventory.