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Segment Reporting
6 Months Ended
Aug. 02, 2025
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
Our Chief Operating Decision Maker—our Chief Executive Officer—monitors our consolidated operating income and net earnings to evaluate performance and make operating decisions. We operate as a single segment that includes all of our operations, which are designed to enable guests to purchase products seamlessly in stores or through our digital channels. Virtually all of our consolidated revenues are generated in the United States. The vast majority of our properties and equipment are located within the United States.

Business Segment ResultsThree Months EndedSix Months Ended
(millions)August 2, 2025August 3, 2024August 2, 2025August 3, 2024
Net sales$25,211 $25,452 $49,057 $49,983 
Cost of sales
Merchandising cost of sales16,177 16,093 31,531 31,939 
Supply chain and digital fulfillment costs1,726 1,733 3,500 3,358 
Total cost of sales17,903 17,826 35,031 35,297 
Selling, general and administrative expenses (a)
5,359 5,365 9,950 10,511 
Depreciation and amortization (exclusive of depreciation included in cost of sales)
632 626 1,287 1,244 
Operating income1,317 1,635 2,789 2,931 
Net interest expense116 110 232 216 
Net other income(17)(20)(43)(49)
Earnings before income taxes1,218 1,545 2,600 2,764 
Provision for income taxes283 353 629 630 
Net earnings$935 $1,192 $1,971 $2,134 
(a)For the six months ended August 2, 2025, includes $593 million of pretax net gains related to settlements of credit card interchange fee litigation matters. Note 3 provides additional information.