XML 51 R29.htm IDEA: XBRL DOCUMENT v3.22.2.2
Fair Value Measurements (Tables)
6 Months Ended
Jul. 30, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Abstract]  
Carrying Value and Fair Value of Long-Term Debt, Disclosure
The following table provides a summary of the principal value and estimated fair value of outstanding publicly traded debt as of July 30, 2022, January 29, 2022 and July 31, 2021:
July 30,
2022
January 29,
2022
July 31,
2021
(in millions)
Principal Value$4,915 $4,915 $5,414 
Fair Value, Estimated (a)4,631 5,493 6,581 
  _______________
(a)The estimated fair value of the Company’s publicly traded debt is based on reported transaction prices, which are considered Level 2 inputs in accordance with Accounting Standards Codification ("ASC") 820, Fair Value Measurement. The estimates presented are not necessarily indicative of the amounts that the Company could realize in a current market exchange.