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Income Taxes (Tables)

12 Months Ended

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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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.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of the change in unrecognized tax benefits.

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