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Income Taxes (Tables) | 12 Months Ended
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Jan. 30, 2026
Income Tax Disclosure [Abstract] |
Schedule of Effective Income Tax Rate Reconciliation | The following is a reconciliation of the federal statutory tax rate to the effective tax rate:
|  | Years Ended
(In millions, except percentage data) |  | January 30, 2026 |  | January 31, 2025 |  | February 2, 2024
Statutory federal income tax rate |  | $ | 1,837 |  | 21.0 | % |  | $ | 1,922 |  | 21.0 | % |  | $ | 2,137 |  | 21.0 | %
State income taxes, net of federal tax benefit 1 |  | 333 |  | 3.8 |  |  | 343 |  | 3.7 |  |  | 389 |  | 3.8 |
Other, net |  | (77) |  | (0.9) |  |  | (69) |  | (0.7) |  |  | (77) |  | (0.7) |
Effective tax rate |  | $ | 2,093 |  | 23.9 | % |  | $ | 2,196 |  | 24.0 | % |  | $ | 2,449 |  | 24.1 | %
1 State taxes in CA, FL, PA, NY, VA, NC, TN, NJ, and SC contributed to the majority of the tax effect in this category.
Schedule of Components of Income Tax Expense (Benefit) | The components of the income tax provision are as follows:
| Years Ended
(In millions) | January 30, 2026 |  | January 31, 2025 |  | February 2, 2024
Current: |  |  |  |  |
Federal | $ | 1,443 |  |  | $ | 1,764 |  |  | $ | 1,955 |
State | 386 |  |  | 424 |  |  | 489 |
Total current 1 | 1,829 |  |  | 2,188 |  |  | 2,444 |
Deferred: |  |  |  |  |
Federal | 236 |  |  | — |  |  | 3 |
State | 28 |  |  | 8 |  |  | 2 |
Total deferred 1 | 264 |  |  | 8 |  |  | 5 |
Total income tax provision | $ | 2,093 |  |  | $ | 2,196 |  |  | $ | 2,449 |
1 Amounts applicable to foreign income taxes were insignificant for all periods presented.
Schedule of Deferred Tax Assets and Liabilities | The tax effects of cumulative temporary differences that gave rise to the deferred tax assets and liabilities were as follows:
(In millions) | January 30, 2026 |  | January 31, 2025
Deferred tax assets: |  |  |
Self-insurance | $ | 240 |  |  | $ | 233 |
Share-based payment expense | 49 |  |  | 46 |
Operating lease liabilities | 1,266 |  |  | 1,143 |
Capital loss carryforwards | 691 |  |  | 645 |
Net operating losses | 283 |  |  | 261 |
Other, net | 559 |  |  | 390 |
Total deferred tax assets | 3,088 |  |  | 2,718 |
Valuation allowance | (1,072) |  |  | (1,003) |
Net deferred tax assets | 2,016 |  |  | 1,715 |
Deferred tax liabilities: |  |  |
Operating lease right-of-use assets | (1,136) |  |  | (1,012) |
Goodwill and Other Intangibles | (1,089) |  |  | (37) |
Property | (731) |  |  | (315) |
Other, net | (99) |  |  | (107) |
Total deferred tax liabilities | (3,055) |  |  | (1,471) |
Net deferred tax (liabilities)/assets | $ | (1,039) |  |  | $ | 244 |
Schedule of Unrecognized Tax Benefits Roll Forward | A reconciliation of the beginning and ending balances of unrecognized tax benefits is as follows:
| Years Ended
(In millions) | January 30, 2026 |  | January 31, 2025 |  | February 2, 2024
Unrecognized tax benefits, beginning of year | $ | 37 |  |  | $ | 37 |  |  | $ | 37 |
Additions for tax positions of prior years | — |  |  | — |  |  | — |
Settlements | — |  |  | — |  |  | — |
Unrecognized tax benefits, end of year | $ | 37 |  |  | $ | 37 |  |  | $ | 37 |

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- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-9 + Details
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