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Leases (Tables)
12 Months Ended
Jan. 30, 2021
Leases [Abstract]  
Schedule of Lease Cost
The following table provides the components of lease cost for operating leases for 2020 and 2019:
20202019
(in millions)
Operating Lease Costs (a)$744 $769 
Variable Lease Costs65 100 
Short-term Lease Costs34 30 
Total Lease Cost$843 $899 
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(a)As discussed in Note 7, "Long-Lived Assets," the Company recognized operating lease asset impairment charges of $118 million and $65 million during 2020 and 2019, respectively, which is included as operating lease costs.
Schedule of Future Maturities of Operating Lease Liabilities
The following table provides future maturities of operating lease liabilities as of January 30, 2021:
Fiscal Year(in millions)
2021$750 
2022630 
2023540 
2024464 
2025404 
Thereafter965 
Total Lease Payments$3,753 
Less: Interest(664)
Present Value of Operating Lease Liabilities$3,089 
Schedule of Supplemental Information Related to Leases
The following table provides the weighted-average remaining lease term and discount rate for operating leases with lease liabilities as of January 30, 2021 and February 1, 2020:
January 30,
2021
February 1,
2020
Weighted Average Remaining Lease Term (years)6.47.4
Weighted Average Discount Rate5.8 %6.2 %
Leases Rent Expenses
The following table provides rent expense, as presented under the prior accounting standard, for 2018:
 (in millions)
Store Rent:
Fixed Minimum$663 
Contingent72 
Total Store Rent735 
Office, Equipment and Other98 
Gross Rent Expense833 
Sublease Rental Income(2)
Total Rent Expense$831