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Pension Plans (Tables) | 12 Months Ended
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Feb. 03, 2024
Retirement Benefits [Abstract] |
Schedule of Recognition of Funded/(Underfunded) Status |
Funded Status | Qualified Plan |  | Nonqualified and International Plans
(millions) | 2023 | 2022 |  | 2023 | 2022
Projected benefit obligations | $ | 3,436 |  | $ | 3,616 |  |  | $ | 60 |  | $ | 64 |
Fair value of plan assets | 3,493 |  | 3,691 |  |  | 21 |  | 17 |
Funded / (underfunded) status | $ | 57 |  | $ | 75 |  |  | $ | (39) |  | $ | (47) |
Schedule of Estimated Future Benefit Payments |
Estimated Future Benefit Payments (millions) | Pension Benefits
2024 | $ | 341 |
2025 | 220 |
2026 | 227 |
2027 | 235 |
2028 | 240 |
2029 - 2033 | 1,267 |
Schedule of Net Pension Benefits Expense |
Net Pension Benefits Expense |  |  |  |
(millions) | Classification | 2023 | 2022 | 2021
Service cost benefits earned | SG&A Expenses | $ | 79 |  | $ | 94 |  | $ | 100 |
Interest cost on projected benefit obligation | Net Other Income | 166 |  | 117 |  | 96 |
Expected return on assets | Net Other Income | (269) |  | (234) |  | (238) |
Amortization of losses | Net Other Income | 1 |  | 61 |  | 113 |
Prior service cost | Net Other Income | 11 |  | 10 |  | — |
Total |  | $ | (12) |  | $ | 48 |  | $ | 71 |
Schedule of Benefit Obligation Weighted Average Assumptions |
Benefit Obligation Weighted Average Assumptions | 2023 | 2022 |
Discount rate | 5.20 | % | 4.83 | % |
Average assumed rate of compensation increase | 3.00 |  | 3.00 |  |
Cash balance plan interest crediting rate | 4.64 |  | 4.64 |  |
Schedule of Net Periodic Benefit Expense Weighted Average Assumptions |
Net Periodic Benefit Expense Weighted Average Assumptions | 2023 | 2022 | 2021
Discount rate | 4.83 | % | 3.30 | % | 2.84 | %
Expected long-term rate of return on plan assets | 6.50 |  | 5.60 |  | 5.80 |
Average assumed rate of compensation increase | 3.00 |  | 3.00 |  | 3.00 |
Cash balance plan interest crediting rate | 4.64 |  | 4.64 |  | 4.64 |
Schedule of Change in Projected Benefit Obligation |
Change in Projected Benefit Obligation | Qualified Plan |  | Nonqualified and International Plans
(millions) | 2023 | 2022 |  | 2023 | 2022
Benefit obligation at beginning of period | $ | 3,616 |  | $ | 4,305 |  |  | $ | 64 |  | $ | 72 |
Service cost | 76 |  | 89 |  |  | 3 |  | 5 |
Interest cost | 164 |  | 116 |  |  | 2 |  | 2 |
Plan amendments | 11 |  | 10 |  |  | — |  | — |
Actuarial gain (a) | (114) |  | (612) |  |  | (4) |  | (9) |
Participant contributions | 4 |  | 2 |  |  | — |  | — |
Benefits paid | (321) |  | (294) |  |  | (5) |  | (6) |
Benefit obligation at end of period (b) | $ | 3,436 |  | $ | 3,616 |  |  | $ | 60 |  | $ | 64 |
(a)The actuarial gain was primarily driven by changes in the weighted average discount rate. (b)Accumulated benefit obligation—the present value of benefits earned to date assuming no future salary growth—is materially consistent with the projected benefit obligation in each period presented.
Schedule of Change in Plan Assets |
Change in Plan Assets | Qualified Plan |  | Nonqualified and International Plans
(millions) | 2023 | 2022 |  | 2023 | 2022
Fair value of plan assets at beginning of period | $ | 3,691 |  | $ | 4,433 |  |  | $ | 17 |  | $ | 16 |
Actual return on plan assets | 119 |  | (600) |  |  | 1 |  | (3) |
Employer contributions | — |  | 150 |  |  | 8 |  | 10 |
Participant contributions | 4 |  | 2 |  |  | — |  | — |
Benefits paid | (321) |  | (294) |  |  | (5) |  | (6) |
Fair value of plan assets at end of period | $ | 3,493 |  | $ | 3,691 |  |  | $ | 21 |  | $ | 17 |
Schedule of Asset Category |
Asset Category | Current Targeted Allocation | Actual Allocation
| 2023 | 2022
Domestic equity securities (a) | 12 | % | 12 | % | 12 | %
International equity securities | 8 |  | 8 |  | 8 |
Debt securities | 50 |  | 52 |  | 51 |
Diversified funds | 25 |  | 24 |  | 23 |
Other (b) | 5 |  | 4 |  | 6 |
Total | 100 | % | 100 | % | 100 | %
(a)Equity securities include our common stock in amounts substantially less than 1 percent of total plan assets in both periods presented. (b)Other assets include private equity, mezzanine and high-yield debt, natural resources and timberland funds, derivative instruments, and real estate.
Schedule of Fair Value Measurements |
Fair Value Measurements |  | Fair Value as of
(millions) | Measurement Level | January 31, 2024 |  | January 31, 2023
Cash and cash equivalents | Level 1 | $ | 5 |  |  | $ | 13 |
Derivatives | Level 2 | 10 |  |  | 6 |
Government securities (a) | Level 2 | 551 |  |  | 619 |
Fixed income (b) | Level 2 | 1,195 |  |  | 1,214 |
|  | 1,761 |  |  | 1,852 |
Investments valued using NAV per share (c) |  |  |  |
Fixed income |  | 6 |  |  | 6 |
Private equity funds |  | 64 |  |  | 64 |
Cash and cash equivalents |  | 141 |  |  | 240 |
Common collective trusts |  | 623 |  |  | 594 |
Diversified funds |  | 825 |  |  | 844 |
Other |  | 94 |  |  | 108 |
Total plan assets |  | $ | 3,514 |  |  | $ | 3,708 |
(a)Investments in government securities and long-term government bonds. (b)Investments in corporate and municipal bonds. (c)Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been classified in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the statement of financial position.

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- Definition Tabular disclosure of the major categories of plan assets of pension plans and/or other employee benefit plans. This information may include, but is not limited to, the target allocation of plan assets, the fair value of each major category of plan assets, and the level within the fair value hierarchy in which the fair value measurements fall. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 715 -SubTopic 20 -Subparagraph (d)(5) -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480506/715-20-50-1 + Details
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- Definition Tabular disclosure of the amounts that are recognized in the balance sheet (or statement of financial position) for pension plans and/or other employee benefit plans, showing separately the assets and current and noncurrent liabilities (if applicable) recognized. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480506/715-20-50-1 + Details
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