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Net Sales
 9 Months Ended
Oct. 31, 2021
Revenue from Contract with Customer [Abstract]  
Net Sales NET SALES
Net Sales
No sales to an individual customer accounted for more than 10% of our net sales during the three and nine months ended October 31, 2021 or November 1, 2020. The following table presents net sales, classified by geography:
Three Months EndedNine Months Ended
in millionsOctober 31,
2021		November 1,
2020		October 31,
2021		November 1,
2020
Net sales – in the U.S.
$33,736 $30,845 $106,095 $92,468 
Net sales – outside the U.S.
3,084 2,691 9,343 7,381 
Net sales
$36,820 $33,536 $115,438 $99,849 
The following table presents net sales by products and services:
Three Months EndedNine Months Ended
in millionsOctober 31,
2021		November 1,
2020		October 31,
2021		November 1,
2020
Net sales – products$35,383 $32,312 $111,371 $96,607 
Net sales – services1,437 1,224 4,067 3,242 
Net sales
$36,820 $33,536 $115,438 $99,849 
The following table presents major product lines and the related merchandising departments (and related services):
Major Product LineMerchandising Departments
Building MaterialsBuilding Materials, Electrical/Lighting, Lumber, Millwork, and Plumbing
DécorAppliances, Décor/Storage, Flooring, Kitchen and Bath, and Paint
HardlinesHardware, Indoor Garden, Outdoor Garden, and Tools
The following table presents net sales by major product lines (and related services):
Three Months EndedNine Months Ended
in millionsOctober 31,
2021		November 1,
2020		October 31,
2021		November 1,
2020
Building Materials$13,809 $12,594 $41,880 $34,966 
Décor12,783 11,213 38,060 32,309 
Hardlines10,228 9,729 35,498 32,574 
Net sales$36,820 $33,536 $115,438 $99,849 
Deferred Revenue
For products and services sold in stores or online, payment is typically due at the point of sale. When we receive payment from customers before the customer has taken possession of the merchandise or the service has been performed, the amount received is recorded as deferred revenue until the sale or service is complete. Such performance obligations are part of contracts with expected original durations of typically three months or less. As of October 31, 2021 and January 31, 2021, deferred revenue for products and services was $2.5 billion and $1.9 billion, respectively.
We further record deferred revenue for the sale of gift cards and recognize the associated revenue upon the redemption of those gift cards, which generally occurs within six months of gift card issuance. As of October 31, 2021 and January 31, 2021, our performance obligations for unredeemed gift cards were $827 million and $839 million, respectively. Gift card breakage income, which is our estimate of the portion of our gift card balance not expected to be redeemed, was immaterial during the three and nine months ended October 31, 2021 and November 1, 2020.