Share-based Compensation (Tables)

12 Months Ended

Jan. 29, 2022

Share-based Payment Arrangement, Noncash Expense [Abstract]

Share-Based Compensation Expense

The following table provides share-based compensation expense included in the Consolidated and Combined Statements of Income (Loss) for 2021, 2020 and 2019:

	2021		2020		2019
	(in millions)
Costs of Goods Sold, Buying and Occupancy	$	12	$	9	$	15
General, Administrative and Store Operating Expenses	21		16		23
Total Share-based Compensation Expense	$	33	$	25	$	38

Restricted Stock Activity

The following table provides the Company’s restricted stock activity from the Separation date to the fiscal year ended January 29, 2022:

	Number of Shares	Weighted-Average Grant Date Fair Value
	(in thousands)
Unvested Converted Awards as of August 2, 2021	4,223	$	21.13
Granted	175	56.63
Vested	(200)	12.89
Cancelled	(66)	21.01
Unvested as of January 29, 2022	4,132	$	23.04