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Restructuring | 3 Months Ended
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Apr. 30, 2022
Restructuring [Abstract] |
Restructuring | 2. Restructuring Mexico Exit and Strategic Realignment In the third quarter of fiscal 2021, we made the decision to exit our operations in Mexico and began taking other actions to more broadly align our organizational structure in support of our strategy. Charges incurred in our International segment primarily related to our decision to exit our operations in Mexico. All remaining stores in Mexico were closed in the first quarter of fiscal 2022 and we do not expect to incur material future restructuring charges related to the exit. Charges incurred in our Domestic segment primarily related to actions taken to align our organizational structure in support of our strategy. During the first quarter of fiscal 2022, we recorded a $44 million credit primarily due to a reduction in expected termination benefits resulting from adjustments to previously planned organizational changes and higher-than-expected employee retention. As we continue to evolve our strategy, it is possible that we will incur material future restructuring costs, but we are unable to forecast the timing and magnitude of such costs. All charges incurred related to the exit from Mexico and strategic realignment described above were from continuing operations and were presented as follows ($ in millions):
| Statement of | Three Months Ended May 1, 2021 |  | Cumulative as of April 30, 2022
| Earnings Location | Domestic |  | International |  | Total |  | Domestic |  | International |  | Total
Inventory markdowns | Cost of sales | $ | - |  |  | $ | (6) |  |  | $ | (6) |  |  | $ | - |  |  | $ | 17 |  |  | $ | 17 |
Asset impairments(1) | Restructuring charges |  | - |  |  |  | 3 |  |  |  | 3 |  |  |  | 10 |  |  |  | 63 |  |  |  | 73 |
Termination benefits | Restructuring charges |  | (44) |  |  |  | (1) |  |  |  | (45) |  |  |  | 83 |  |  |  | 19 |  |  |  | 102 |
Currency translation adjustment | Restructuring charges |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 39 |  |  |  | 39 |
Other(2) | Restructuring charges |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 6 |  |  |  | 6 |
|  |  |  |  | $ | (44) |  |  | $ | (4) |  |  | $ | (48) |  |  | $ | 93 |  |  | $ | 144 |  |  | $ | 237 |
(1)Remaining net carrying value approximates fair value and was immaterial as of April 30, 2022. (2)Other charges are primarily comprised of contract termination costs. There were no material restructuring charges in the first quarter of fiscal 2023 and no material liability remains.

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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(e)) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -URI http://asc.fasb.org/topic&trid=2175745 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 + Details
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