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Shareholders' Equity (Tables) | 12 Months Ended
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Feb. 03, 2024
Shareholders' Equity [Abstract] |
Stock-Based Compensation Expense |
| 2024 |  | 2023 |  | 2022
Share awards: |  |  |  |  |  |  |  |  |  |  |
Time-based | $ | 126 |  |  | $ | 121 |  |  | $ | 109 |
Market-based |  | 19 |  |  |  | 14 |  |  |  | 12 |
Performance-based |  | - |  |  |  | - |  |  |  | 17 |
Stock options |  | - |  |  |  | 3 |  |  |  | 3 |
Stock-based compensation expense |  | 145 |  |  |  | 138 |  |  |  | 141 |
Income tax benefits |  | 27 |  |  |  | 27 |  |  |  | 26 |
Stock-based compensation expense, net of tax | $ | 118 |  |  | $ | 111 |  |  | $ | 115 |
Time-Based Share Awards |
Time-Based Share Awards | Shares |  | Weighted-Average Fair Value per Share
Outstanding as of January 28, 2023 | 3,046 |  |  | $ | 90.96 |
Granted | 2,003 |  |  | $ | 77.70 |
Vested and distributed | (1,476) |  |  | $ | 85.71 |
Forfeited | (307) |  |  | $ | 91.83 |
Outstanding as of February 3, 2024 | 3,266 |  |  | $ | 85.71 |
Market-Based Share Awards |
Market-Based Share Awards | Shares |  | Weighted-Average Fair Value per Share
Outstanding as of January 28, 2023 | 514 |  |  | $ | 96.61 |
Granted | 267 |  |  | $ | 86.95 |
Adjustment for performance achievement | (178) |  |  | $ | 53.18 |
Forfeited | (24) |  |  | $ | 98.03 |
Outstanding as of February 3, 2024 | 579 |  |  | $ | 106.38 |
Performance-Based Share Awards |
Performance-Based Share Awards | Shares |  | Weighted-Average Fair Value per Share
Outstanding as of January 28, 2023 | 288 |  |  | $ | 67.36 |
Granted | 2 |  |  | $ | 111.87 |
Adjustment for performance achievement | (46) |  |  | $ | 51.79 |
Distributed | (195) |  |  | $ | 61.07 |
Forfeited | (4) |  |  | $ | 77.40 |
Outstanding as of February 3, 2024 | 45 |  |  | $ | 111.68 |
Stock Option Activity |
| Stock Options ‎(in thousands) |  | Weighted-Average ‎ Exercise Price ‎per Share |  | Weighted-Average ‎ Remaining Contractual Term ‎(in years) |  | Aggregate ‎Intrinsic Value ‎(in millions)
Outstanding as of January 28, 2023 | 720 |  |  | $ | 60.91 |  |  |  |  |  |  |  |  |
Exercised | (152) |  |  | $ | 62.97 |  |  |  |  |  |  |  |  |
Forfeited | (39) |  |  | $ | 69.11 |  |  |  |  |  |  |  |  |
Outstanding as of February 3, 2024 | 529 |  |  | $ | 59.71 |  |  |  | 4.9 |  |  | $ | 8 |
Earnings Per Share |
| 2024 |  | 2023 |  | 2022
Numerator |  |  |  |  |  |  |  |  |  |  |
Net earnings | $ | 1,241 |  |  | $ | 1,419 |  |  | $ | 2,454 |
Denominator |  |  |  |  |  |  |  |  |  |  |
Weighted-average common shares outstanding |  | 217.7 |  |  |  | 224.8 |  |  |  | 246.8 |
Dilutive effect of stock compensation plan awards |  | 0.8 |  |  |  | 0.9 |  |  |  | 2.5 |
Weighted-average common shares outstanding, assuming dilution |  | 218.5 |  |  |  | 225.7 |  |  |  | 249.3 |
Potential shares which were anti-dilutive and excluded from weighted-average share computations |  | - |  |  |  | 0.7 |  |  |  | 0.1 |
Basic earnings per share | $ | 5.70 |  |  | $ | 6.31 |  |  | $ | 9.94 |
Diluted earnings per share | $ | 5.68 |  |  | $ | 6.29 |  |  | $ | 9.84 |
Share Repurchases and Retired |
| 2024 |  | 2023 |  | 2022
Total cost of shares repurchased | $ | 340 |  |  | $ | 1,001 |  |  | $ | 3,504 |
Average price per share | $ | 72.52 |  |  | $ | 84.78 |  |  | $ | 108.97 |
Number of shares repurchased and retired |  | 4.7 |  |  |  | 11.8 |  |  |  | 32.2 |

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