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Accrued Expenses and Other Liabilities, Current and Long Term
12 Months Ended
Feb. 01, 2025
Payables and Accruals [Abstract]  
Accrued Expenses and Other Liabilities, Current and Long Term Accrued Expenses and Other Liabilities, Current and Long Term
The major components of accrued expenses and other current liabilities are as follows:
  Fiscal Year Ended
In millionsFebruary 1,
2025
February 3,
2024
Employee compensation and benefits, current
$1,370 $1,399 
Merchandise credits and gift certificates824 773 
Dividends payable427 383 
Occupancy costs, including rent, utilities and real estate taxes
379 379 
Accrued capital additions260 246 
Sales tax collections and V.A.T. taxes222 291 
All other current liabilities
1,558 1,399 
Total accrued expenses and other current liabilities$5,040 $4,870 
All other current liabilities primarily include accruals for insurance, customer rewards liability, expenses payable, reserve for sales returns, professional fees, reserve for taxes, advertising, warehouse services, and other items, each of which is individually less than 5% of current liabilities.
The major components of other long-term liabilities are as follows:
  Fiscal Year Ended
In millionsFebruary 1,
2025
February 3,
2024
Employee compensation and benefits, long-term$730 $630 
Tax reserve, long-term221 202 
Asset retirement obligation81 75 
All other long-term liabilities18 17 
Total other long-term liabilities$1,050 $924