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Subsequent Event | 12 Months Ended
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Feb. 01, 2025
Subsequent Events [Abstract] |
Subsequent Event | Subsequent Events On March 10, 2025, the Company’s Board of Directors declared a quarterly cash dividend in the amount of $1.2125 per share on the Company’s common stock and Class B common stock payable on April 11, 2025 to stockholders of record as of the close of business on March 28, 2025. On March 10, 2025, the Company’s Board of Directors authorized a new five-year share repurchase program of up to $3 billion of the Company's common stock. The Company currently expects to finance the repurchases from cash on hand and if necessary, availability under its Credit Agreement.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 855 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/855/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 855 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483399/855-10-50-2 + Details
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