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Discontinued Operations (Tables) | 6 Months Ended
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Jul. 30, 2022
Discontinued Operations and Disposal Groups [Abstract] |
Summary of Discontinued Operations in Financial Statements | The following table summarizes the significant line items included in Income from Discontinued Operations, Net of Tax in the second quarter and year-to-date 2021 Consolidated Statements of Income:
| Second Quarter |  | Year-to-Date
| (in millions)
Net Sales | $ | 1,614 |  |  | $ | 3,168 |
Costs of Goods Sold, Buying and Occupancy | (944) |  |  | (1,826) |
General, Administrative and Store Operating Expenses (a) | (455) |  |  | (892) |
Interest Expense | (2) |  |  | (2) |
Other Loss | (1) |  |  | (1) |
Income from Discontinued Operations Before Income Taxes | 212 |  |  | 447 |
Provision for Income Taxes | 53 |  |  | 102 |
Income from Discontinued Operations, Net of Tax | $ | 159 |  |  | $ | 345 |
_______________ (a)The second quarter of 2021 includes Separation-related costs of $18 million. Year-to-date 2021 includes Separation-related costs of $27 million. Prior to the Separation, these costs were reported in the Other category under the Company's previous segment reporting. The following table summarizes the carrying value of the significant classes of assets and liabilities classified as discontinued operations as of July 31, 2021:
| (in millions)
Cash and Cash Equivalents | $ | 293 |
Cash in Escrow related to Victoria's Secret & Co. Spin-Off | 600 |
Accounts Receivable, Net | 99 |
Inventories | 745 |
Other | 89 |
Current Assets of Discontinued Operations | 1,826 |
Property and Equipment, Net | 999 |
Operating Lease Assets | 1,513 |
Trade Names | 246 |
Deferred Income Taxes | 11 |
Other Assets | 62 |
Other Assets of Discontinued Operations | $ | 2,831 |
Accounts Payable | $ | 379 |
Accrued Expenses and Other | 587 |
Current Operating Lease Liabilities | 332 |
Income Taxes | 2 |
Current Liabilities of Discontinued Operations | 1,300 |
Deferred Income Taxes | 101 |
Long-term Debt | 592 |
Long-term Operating Lease Liabilities | 1,457 |
Other Long-term Liabilities | 20 |
Other Long-term Liabilities of Discontinued Operations | $ | 2,170 |
The following table summarizes Depreciation of Long-Lived Assets, Share-based Compensation Expense, Capital Expenditures and Financing Activities of discontinued operations for year-to-date 2021:
| (in millions)
Depreciation of Long-Lived Assets | $ | 158 |  |  |
Share-based Compensation Expense | 15 |  |  |
Capital Expenditures | (66) |  |  |
Proceeds from Victoria's Secret & Co. Notes | 600 |  |  |

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- Definition Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3A -URI https://asc.fasb.org/extlink&oid=109226691&loc=SL51724579-110230 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=109222650&loc=d3e1474-107760 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5D -URI https://asc.fasb.org/extlink&oid=109222650&loc=SL51721677-107760 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 11 -URI https://asc.fasb.org/extlink&oid=109222160&loc=SL51721533-107759 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3A -URI https://asc.fasb.org/extlink&oid=109222650&loc=SL51721659-107760 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4B -URI https://asc.fasb.org/extlink&oid=109222650&loc=SL51721665-107760 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=109226691&loc=d3e2941-110230 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -URI https://asc.fasb.org/extlink&oid=109222650&loc=SL51721675-107760 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI https://asc.fasb.org/extlink&oid=109222650&loc=SL51721683-107760 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=109222650&loc=d3e1361-107760 Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5A -URI https://asc.fasb.org/extlink&oid=109222650&loc=SL51721671-107760 Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -URI https://asc.fasb.org/extlink&oid=109222650&loc=SL51721673-107760 Reference 13: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4A -URI https://asc.fasb.org/extlink&oid=109222650&loc=SL51721663-107760 + Details
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