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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Jan. 29, 2023
Accounting Policies [Abstract]  
Components of receivables
The following table presents components of receivables, net:
in millionsJanuary 29,
2023		January 30,
2022
Card receivables$1,003 $1,028 
Rebate receivables948 1,170 
Customer receivables871 703 
Other receivables495 525 
Receivables, net$3,317 $3,426 
Schedule of property and equipment useful lives
The following table presents the estimated useful lives of our property and equipment:
 Life
Buildings and improvements
5 – 45 years
Furniture, fixtures and equipment
2 – 20 years
Leasehold improvements
5 – 45 years
Schedule of goodwill
The following table presents the changes in the carrying amount of our goodwill:
in millionsFiscalFiscal
20222021
Goodwill, balance at beginning of year$7,449 $7,126 
Acquisitions (1)
— 323 
Other (2)
(5)— 
Goodwill, balance at end of year$7,444 $7,449 
—————
(1)    Represents goodwill from a small acquisition completed during the second quarter of Fiscal 2021.
(2)     Reflects the net impact of foreign currency translation.
Schedule of finite-lived intangible assets
The following table presents information regarding our intangible assets:
January 29, 2023January 30, 2022
in millionsGross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Definite-Lived Intangible Assets:
Customer relationships$3,034 $(495)$2,539 $3,034 $(326)$2,708 
Trade names151 (16)135 151 (8)143 
Other12 (12)— 12 (9)3 
Indefinite-Lived Intangible Assets:
Trade names649 649 649 649 
Total Intangible Assets$3,846 $(523)$3,323 $3,846 $(343)$3,503 
Schedule of indefinite-lived intangible assets
The following table presents information regarding our intangible assets:
January 29, 2023January 30, 2022
in millionsGross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Definite-Lived Intangible Assets:
Customer relationships$3,034 $(495)$2,539 $3,034 $(326)$2,708 
Trade names151 (16)135 151 (8)143 
Other12 (12)— 12 (9)3 
Indefinite-Lived Intangible Assets:
Trade names649 649 649 649 
Total Intangible Assets$3,846 $(523)$3,323 $3,846 $(343)$3,503 
Schedule of estimated future amortization expense
The following table presents the estimated future amortization expense related to definite-lived intangible assets as of January 29, 2023:
in millions
Amortization Expense
Fiscal 2023$178 
Fiscal 2024178 
Fiscal 2025178 
Fiscal 2026178 
Fiscal 2027167 
Thereafter1,795 
Total$2,674 
Schedule of net advertising expense
The following table presents net advertising expense included in SG&A:
in millionsFiscalFiscalFiscal
202220212020
Net advertising expense$1,085 $1,044 $909