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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jul. 30, 2022
Jul. 31, 2021
Jul. 30, 2022
Jul. 31, 2021
Income Statement [Abstract]        
Net Sales $ 1,618 $ 1,704 $ 3,067 $ 3,173
Costs of Goods Sold, Buying and Occupancy (958) (876) (1,739) (1,603)
Gross Profit 660 828 1,328 1,570
General, Administrative and Store Operating Expenses (418) (444) (806) (849)
Operating Income 242 384 522 721
Interest Expense (86) (97) (175) (210)
Other Income (Loss) 2 0 3 (105)
Income from Continuing Operations Before Income Taxes 158 287 350 406
Provision for Income Taxes 38 72 75 100
Net Income from Continuing Operations 120 215 275 306
Income from Discontinued Operations, Net of Tax 0 159 0 345
Net Income $ 120 $ 374 $ 275 $ 651 [1]
Net Income per Basic Share        
Continuing Operations (in USD per share) $ 0.52 $ 0.78 $ 1.17 $ 1.10
Discontinued Operations (in USD per share) 0 0.58 0 1.25
Total Net Income Per Basic Share (in USD per share) 0.52 1.36 1.17 2.35
Net Income per Diluted Share        
Continuing Operations (in USD per share) 0.52 0.77 1.16 1.08
Discontinued Operations (in USD per share) 0 0.57 0 1.22
Total Net Income Per Diluted Share (in USD per share) $ 0.52 $ 1.34 $ 1.16 $ 2.31
[1] The cash flows related to discontinued operations have not been segregated. Accordingly, the 2021 Consolidated Statement of Cash Flows includes the results of continuing and discontinued operations.