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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 6 Months Ended
Jul. 30, 2022
Jul. 31, 2021
 [1]
Operating Activities:    
Net Income $ 275 $ 651
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:    
Depreciation of Long-lived Assets 106 258
Loss on Extinguishment of Debt 0 105
Share-based Compensation Expense 15 30
Deferred Income Taxes 0 16
Changes in Assets and Liabilities:    
Accounts Receivable 55 39
Inventories (261) (200)
Accounts Payable, Accrued Expenses and Other 16 (42)
Income Taxes Payable (69) (144)
Other Assets and Liabilities (56) (140)
Net Cash Provided by Operating Activities 81 573
Investing Activities:    
Capital Expenditures (161) (178)
Other Investing Activities (1) 10
Net Cash Used for Investing Activities (162) (168)
Financing Activities:    
Proceeds from Victoria's Secret & Co. Notes 0 600
Payments of Long-term Debt 0 (1,130)
Repurchases of Common Stock (1,312) (1,194)
Dividends Paid (94) (42)
Tax Payments related to Share-based Awards (31) (56)
Proceeds from Stock Option Exercises 2 76
Other Financing Activities (11) (6)
Net Cash Used for Financing Activities (1,446) (1,752)
Effects of Exchange Rate Changes on Cash and Cash Equivalents and Restricted Cash 0 2
Net Decrease in Cash and Cash Equivalents and Restricted Cash (1,527) (1,345)
Cash and Cash Equivalents and Restricted Cash, Beginning of Period 1,979 3,933
Cash and Cash Equivalents and Restricted Cash, End of Period $ 452 $ 2,588
[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.