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Segment Information
 6 Months Ended
Aug. 03, 2019
Segment Reporting [Abstract]  
Segment Information Segment Information
The Company has three reportable segments: Victoria’s Secret, Bath & Body Works and Victoria's Secret and Bath & Body Works International.
The Victoria’s Secret segment sells women’s intimate and other apparel, personal care and beauty products under the Victoria’s Secret and PINK brand names. Victoria’s Secret merchandise is sold online and through retail stores located in the U.S. and Canada.
The Bath & Body Works segment sells body care, home fragrance products, soaps and sanitizers under the Bath & Body Works, White Barn, C.O. Bigelow and other brand names. Bath & Body Works merchandise is sold online and at retail stores located in the U.S. and Canada.
The Victoria's Secret and Bath & Body Works International segment includes the Victoria's Secret and Bath & Body Works company-owned and partner-operated stores located outside of the U.S. and Canada, as well as the online business in Greater China. This segment includes the following:
•
Victoria's Secret International, comprised of company-owned stores in the U.K., Ireland and Greater China, as well as stores operated by partners under franchise and license arrangements;
•
Victoria's Secret Beauty and Accessories, comprised of company-owned stores in Greater China, as well as stores operated by partners under franchise, license and wholesale arrangements, which feature Victoria's Secret branded beauty and accessories products in travel retail and other locations; and
•
Bath & Body Works International stores operated by partners under franchise, license and wholesale arrangements.
Other includes Mast Global, a merchandise sourcing and production function serving the Company and its international partners, and Corporate functions, including non-core real estate, equity investments and other governance functions such as treasury and tax. Results for 2018 also include La Senza and Henri Bendel.
The following table provides the Company’s segment information for the second quarter and year-to-date 2019 and 2018:
 
Victoria’s
Secret
 
Bath &
Body Works
 
Victoria’s Secret
and
Bath & Body Works International
 
Other
 
Total
 
(in millions)
2019
 
 
 
 
 
 
 
 
 
Second Quarter:
 
 
 
 
 
 
 
 
 
Net Sales
$
1,606

 
$
1,061

 
$
155

 
$
80

 
$
2,902

Operating Income (Loss)
17

 
180

 
(1
)
 
(21
)
 
$
175

Year-to-Date:
 
 
 
 
 
 
 
 
 
Net Sales
$
3,116

 
$
1,932

 
$
289

 
$
193

 
$
5,530

Operating Income (Loss)
49

 
335

 
(5
)
 
(51
)
 
328

2018
 
 
 
 
 
 
 
 
 
Second Quarter:
 
 
 
 
 
 
 
 
 
Net Sales
$
1,725

 
$
964

 
$
145

 
$
150

 
$
2,984

Operating Income (Loss)
114

 
169

 
(9
)
 
(46
)
 
228

Year-to-Date:
 
 
 
 
 
 
 
 


Net Sales
$
3,314

 
$
1,724

 
$
281

 
$
291

 
$
5,610

Operating Income (Loss)
197

 
293

 
(14
)
 
(93
)
 
383


The Company's international net sales include sales from company-owned stores, royalty revenue from franchise and license arrangements, wholesale revenues and direct sales shipped internationally. Certain of these sales are subject to the impact of fluctuations in foreign currency. The Company’s international net sales across all segments totaled $357 million and $400 million for the second quarter of 2019 and 2018, respectively. The Company's international net sales across all segments totaled $706 million and $758 million for year-to-date 2019 and 2018, respectively.