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Income Taxes (Tables) | 12 Months Ended
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Feb. 03, 2024
Income Tax Disclosure [Abstract] |
Schedule of Tax Rate Reconciliation - Continuing Operations |
Tax Rate Reconciliation | 2023 |  | 2022 |  | 2021 |
Federal statutory rate | 21.0 | % | 21.0 | % | 21.0 | %
State income taxes, net of the federal tax benefit | 3.8 |  | 3.0 |  | 3.9 |
International | (1.3) |  | (2.1) |  | (1.3) |
Excess tax benefit related to share-based payments | (0.3) |  | (1.6) |  | (0.8) |
Federal tax credits | (0.8) |  | (1.5) |  | (0.5) |
Other | (0.5) |  | (0.1) |  | (0.3) |
Effective tax rate | 21.9 | % | 18.7 | % | 22.0 | %
Schedule of Provision for Income Taxes |
Provision for Income Taxes (millions) | 2023 | 2022 | 2021
Current: |  |  |
Federal | $ | 556 |  | $ | (84) |  | $ | 1,111 |
State | 208 |  | 33 |  | 325 |
International | 97 |  | 107 |  | 3 |
Total current | 861 |  | 56 |  | 1,439 |
Deferred: |  |  |
Federal | 256 |  | 501 |  | 423 |
State | 43 |  | 82 |  | 98 |
International | (1) |  | (1) |  | 1 |
Total deferred | 298 |  | 582 |  | 522 |
Total provision | $ | 1,159 |  | $ | 638 |  | $ | 1,961 |
Schedule of Net Deferred Tax Asset/(Liability) |
Net Deferred Tax Asset / (Liability) (millions) | February 3, 2024 | January 28, 2023
Gross deferred tax assets: |  |
Accrued and deferred compensation | $ | 392 |  | $ | 365 |
Accruals and reserves not currently deductible | 256 |  | 233 |
Self-insured benefits | 180 |  | 156 |
Deferred occupancy income | 118 |  | 125 |
Lease liabilities | 1,468 |  | 1,316 |
Other | 92 |  | 142 |
Total gross deferred tax assets | 2,506 |  | 2,337 |
Gross deferred tax liabilities: |  |
Property and equipment | (3,015) |  | (2,613) |
Leased assets | (1,276) |  | (1,115) |
Inventory | (500) |  | (594) |
Other | (187) |  | (205) |
Total gross deferred tax liabilities | (4,978) |  | (4,527) |
Total net deferred tax liability (a) | $ | (2,472) |  | $ | (2,190) |
(a)$8 million and $6 million of the balances as of February 3, 2024, and January 28, 2023, respectively, is included in Other Noncurrent Assets.
Schedule of Reconciliation of Liability for Unrecognized Tax Benefits |
Reconciliation of Gross Unrecognized Tax Benefits (millions) | 2023 | 2022 | 2021
Balance at beginning of period | $ | 233 |  | $ | 125 |  | $ | 181 |
Additions based on tax positions related to the current year | 128 |  | 115 |  | 32 |
Additions for tax positions of prior years | 8 |  | 21 |  | 11 |
Reductions for tax positions of prior years | (13) |  | (23) |  | (95) |
Settlements | (4) |  | (5) |  | (4) |
Balance at end of period | $ | 352 |  | $ | 233 |  | $ | 125 |

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