Revenue

9 Months Ended

Oct. 29, 2022

Revenue from Contract with Customer [Abstract]

Revenue

NOTE 2: REVENUE

Contract Liabilities

Contract liabilities represent our obligation to transfer goods or services to customers and include deferred revenue for The Nordy Club (including points and Nordstrom Notes) and gift cards. Our contract liabilities are classified as current on the Condensed Consolidated Balance Sheets and are as follows:

	Contract Liabilities
Balance as of January 30, 2021	$478
Balance as of May 1, 2021	436
Balance as of July 31, 2021	433
Balance as of October 30, 2021	417
Balance as of January 29, 2022	478
Balance as of April 30, 2022	442
Balance as of July 30, 2022	438
Balance as of October 29, 2022	430

Revenues recognized from our beginning contract liability balance were $100 and $232 for the quarter and nine months ended October 29, 2022 and $106 and $212 for the quarter and nine months ended October 30, 2021.

Disaggregation of Revenue

The following table summarizes our disaggregated net sales:

	Quarter Ended				Nine Months Ended
	October 29, 2022		October 30, 2021		October 29, 2022		October 30, 2021
Nordstrom	$2,264		$2,343		$7,324		$6,614
Nordstrom Rack	1,169		1,191		3,567		3,406
Total net sales	$3,433		$3,534		$10,891		$10,020
Digital sales as a % of total net sales	34	%	40	%	37	%	42	%

The following table summarizes the percent of net sales by merchandise category:

	Quarter Ended				Nine Months Ended
	October 29, 2022		October 30, 2021		October 29, 2022		October 30, 2021
Women’s Apparel	29	%	29	%	29	%	30	%
Shoes	27	%	26	%	26	%	25	%
Men’s Apparel	15	%	14	%	15	%	14	%
Women’s Accessories	11	%	12	%	12	%	13	%
Beauty	11	%	12	%	11	%	11	%
Kids’ Apparel	4	%	4	%	4	%	4	%
Other	3	%	3	%	3	%	3	%
Total net sales	100	%	100	%	100	%	100	%