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Additional Financial Statement Information | 12 Months Ended
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Feb. 01, 2020
Additional Financial Statement Information [Abstract] |
Additional Financial Information Disclosure [Text Block] | Additional Financial Statement Information Cash and Cash Equivalents Cash and cash equivalents consist of the following:
($ in millions) |  | February 1, 2020 |  | February 2, 2019
Cash (1) |  | $ | 1,053 |  |  | $ | 708 |
Bank certificates of deposit and time deposits |  | 286 |  |  | 341 |
Money market funds |  | 19 |  |  | 26 |
Domestic commercial paper and other |  | 6 |  |  | 6 |
Cash and cash equivalents |  | $ | 1,364 |  |  | $ | 1,081 |
__________
(1) | Cash includes $61 million and $68 million of amounts in transit from banks for customer credit card and debit card transactions as of February 1, 2020 and February 2, 2019, respectively.
Short-Term Investments Short-term investments consist of the following:
($ in millions) |  | February 1, 2020 |  | February 2, 2019
U.S. agency securities |  | $ | 25 |  |  | $ | 22 |
Corporate securities |  | 148 |  |  | 141 |
U.S. treasury securities |  | 117 |  |  | 125 |
Short-term investments |  | $ | 290 |  |  | $ | 288 |
Other Current Assets Other current assets consist of the following:
($ in millions) |  | February 1, 2020 |  | February 2, 2019
Accounts receivable |  | $ | 316 |  |  | $ | 321 |
Prepaid income taxes |  | 77 |  |  | 102 |
Prepaid minimum rent and occupancy expenses |  | 148 |  |  | 157 |
Right of return asset |  | 36 |  |  | 38 |
Derivative financial instruments |  | 10 |  |  | 20 |
Other |  | 119 |  |  | 113 |
Other current assets |  | $ | 706 |  |  | $ | 751 |
Property and Equipment Property and equipment are stated at cost less accumulated depreciation and consist of the following:
($ in millions) |  | February 1, 2020 |  | February 2, 2019
Leasehold improvements |  | $ | 2,923 |  |  | $ | 3,104 |
Furniture and equipment |  | 2,802 |  |  | 2,732 |
Software |  | 1,626 |  |  | 1,525 |
Land, buildings, and building improvements |  | 1,408 |  |  | 1,123 |
Construction-in-progress |  | 202 |  |  | 183 |
Property and equipment, at cost |  | 8,961 |  |  | 8,667 |
Less: Accumulated depreciation |  | (5,839 | ) |  | (5,755 | )
Property and equipment, net of accumulated depreciation |  | $ | 3,122 |  |  | $ | 2,912 |
Depreciation expense for property and equipment was $554 million, $575 million, and $556 million for fiscal 2019, 2018, and 2017, respectively. Interest of $7 million, $10 million, and $9 million related to assets under construction was capitalized in fiscal 2019, 2018, and 2017, respectively. We recorded a total charge for the impairment of store assets of $98 million, $14 million, and $28 million for fiscal 2019, 2018, and 2017, respectively, which is recorded in operating expenses on the Consolidated Statements of Income. See Note 7 of Notes to Consolidated Financial Statements for information regarding impairment charges. Other Long-Term Assets Other long-term assets consist of the following:
($ in millions) |  | February 1, 2020 |  | February 2, 2019
Long-term income tax-related assets |  | $ | 256 |  |  | $ | 151 |
Goodwill |  | 109 |  |  | 109 |
Trade names |  | 121 |  |  | 92 |
Restricted cash (1) |  | 17 |  |  | 338 |
Other |  | 136 |  |  | 196 |
Other long-term assets |  | $ | 639 |  |  | $ | 886 |
__________
(1) | Fiscal 2018 included $320 million of consideration held by a third party in connection with the purchase of a building completed in fiscal 2019.
No goodwill impairment or trade name impairment charges were recorded in fiscal 2019, 2018, or 2017. Accrued Expenses and Other Current Liabilities Accrued expenses and other current liabilities consist of the following:
($ in millions) |  | February 1, 2020 |  | February 2, 2019
Accrued compensation and benefits |  | $ | 291 |  |  | $ | 254 |
Deferred revenue |  | 226 |  |  | 227 |
Short-term deferred rent and tenant allowances (1) |  | — |  |  | 101 |
Sales return allowance |  | 74 |  |  | 78 |
Accrued advertising |  | 57 |  |  | 41 |
Derivative financial instruments |  | 10 |  |  | 11 |
Other |  | 409 |  |  | 312 |
Accrued expenses and other current liabilities |  | $ | 1,067 |  |  | $ | 1,024 |
__________
(1) | Beginning in fiscal 2019, short-term deferred rent and tenant allowances no longer reflects lease incentives due to the adoption of the new lease accounting standard. Prior period amounts have not been restated and continue to be reported under accounting standards in effect for those periods.
Lease Incentives and Other Long-Term Liabilities Lease incentives and other long-term liabilities consist of the following:
($ in millions) |  | February 1, 2020 |  | February 2, 2019
Long-term deferred rent and tenant allowances (1) |  | $ | 50 |  |  | $ | 736 |
Long-term income tax-related liabilities |  | 152 |  |  | 118 |
Long-term asset retirement obligations |  | 56 |  |  | 52 |
Other |  | 139 |  |  | 167 |
Lease incentives and other long-term liabilities |  | $ | 397 |  |  | $ | 1,073 |
__________
(1) | Beginning in fiscal 2019, long-term deferred rent and tenant allowances no longer reflects lease incentives due to the adoption of the new lease accounting standard. Prior period amounts have not been restated and continue to be reported under accounting standards in effect for those periods.
The net activity related to asset retirement obligations includes adjustments to the asset retirement obligation balance and fluctuations in foreign currency exchange rates.

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