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Revenue Recognition
6 Months Ended
Jul. 29, 2023
Revenue Recognition and Deferred Revenue [Abstract]  
Revenue Recognition Revenue Recognition
Accounts receivable, net from revenue-generating activities were $78 million as of July 29, 2023, $79 million as of January 28, 2023 and $98 million as of July 30, 2022. These accounts receivable primarily relate to amounts due from the Company's franchise, license and wholesale partners. Under these arrangements, payment terms are typically 45 to 75 days.
The Company records deferred revenue when cash payments are received in advance of transfer of control of goods or services. Deferred revenue primarily relates to gift cards, loyalty points and awards and direct channel shipments, which are all impacted by seasonal and holiday-related sales patterns. Deferred revenue, which is recorded within Accrued Expenses and Other on the Consolidated Balance Sheets, was $161 million as of July 29, 2023, $195 million as of January 28, 2023 and $123 million as of July 30, 2022. The Company recognized $107 million as revenue year-to-date 2023 from amounts recorded as deferred revenue at the beginning of the Company's fiscal year.
The following table provides a disaggregation of Net Sales for the second quarters of and year-to-date 2023 and 2022:
Second QuarterYear-to-Date
2023202220232022
(in millions)
Stores - U.S. and Canada$1,144 $1,161 $2,177 $2,220 
Direct - U.S. and Canada329 367 609 684 
International (a)86 90 169 163 
Total Net Sales$1,559 $1,618 $2,955 $3,067 
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(a)Results include royalties associated with franchised stores and wholesale sales.
The Company’s net sales outside of the U.S. include sales from Company-operated stores and its e-commerce site in Canada, royalties associated with franchised stores and wholesale sales. Certain of these sales are subject to the impact of fluctuations in foreign currency. The Company’s net sales outside of the U.S. totaled $163 million and $164 million for the second quarters of 2023 and 2022, respectively, and $307 million and $301 million for year-to-date 2023 and 2022, respectively.