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Revenue - USD ($)
$ in Millions
 3 Months Ended
May 04, 2024
Apr. 30, 2022
Revenue from Contract with Customer [Abstract]    
Liabilities, Other than Long-term Debt, Noncurrent   $ 60
Revenue from Contract with Customer [Text Block] Revenue
Disaggregation of Net Sales
We disaggregate our net sales by channel and also by brand and region. Net sales by region are allocated based on the location of the store where the customer paid for and received the merchandise; the distribution center or store from which the products were shipped; or the region of the franchise or licensing partner.
Net sales disaggregated by channel are as follows:
13 Weeks Ended
($ in millions)May 4, 2024April 29, 2023
Store and franchise sales$2,106 $2,053 
Online sales (1)1,282 1,223 
Total net sales$3,388 $3,276 
__________
(1)Online sales primarily include sales originating from our online channel including those that are picked up or shipped from stores and net sales from revenue-generating strategic initiatives.
Net sales disaggregated by brand and region are as follows:
($ in millions)Old Navy GlobalGap GlobalBanana Republic GlobalAthleta GlobalOther (2)Total
13 Weeks Ended May 4, 2024
U.S. (1)$1,761 $513 $383 $318 $14 $2,989 
Canada146 66 36 10 — 258 
Other regions9 110 21 1 — 141 
Total$1,916 $689 $440 $329 $14 $3,388 
($ in millions)Old Navy GlobalGap GlobalBanana Republic GlobalAthleta GlobalOther (2)Total
13 Weeks Ended April 29, 2023
U.S. (1)$1,659 $496 $374 $309 $3 $2,841 
Canada145 61 36 10 — 252 
Other regions24 135 22 2 — 183 
Total$1,828 $692 $432 $321 $3 $3,276 
__________
(1)U.S. includes the United States and Puerto Rico.
(2)Primarily consists of net sales from revenue-generating strategic initiatives.
Deferred Revenue
We defer revenue when cash payments are received in advance of performance for unsatisfied obligations related to our gift cards, licensing agreements, outstanding loyalty points, and reimbursements of loyalty program discounts associated with our credit card agreement. For the 13 weeks ended May 4, 2024, the opening balance of deferred revenue for these obligations was $337 million, of which $123 million was recognized as revenue during the period. The closing balance of deferred revenue for these obligations was $310 million as of May 4, 2024.
For the 13 weeks ended April 29, 2023, the opening balance of deferred revenue for these obligations was $354 million, of which $131 million was recognized as revenue during the period. The closing balance of deferred revenue for these obligations was $334 million as of April 29, 2023.
In April 2021, the Company entered into agreements with Barclays and Mastercard relating to a long-term credit card program. The Company received an upfront payment of $60 million related to the agreements prior to the program launch in May 2022, which is being recognized as revenue over the term of the agreements.