Restructuring (Tables)

12 Months Ended

Jan. 30, 2021

Restructuring Cost and Reserve [Line Items]

Composition of Restructuring Charges

	2021		2020		2019
Mexico Exit and Strategic Realignment(1)	$	277	$	-	$	-
Fiscal 2020 U.S. Retail Operating Model Changes		-		41		-
Best Buy Mobile Exit		-		-		47
Canadian Brand Consolidation		-		-		(1)
Total	$	277	$	41	$	46

(1)Includes $23 million related to inventory markdowns recorded in Cost of sales on our Consolidated Statements of Earnings in fiscal 2021.

Mexico Exit And Corporate Reorganization [Member]

Restructuring Cost and Reserve [Line Items]

Composition of Restructuring Charges

		2021
	Statement of Earnings Location	Domestic		International		Total
Inventory markdowns	Cost of sales	$	-	$	23	$	23
Asset impairments(1)	Restructuring charges		10		57		67
Termination benefits	Restructuring charges		123		20		143
Currency translation adjustment	Restructuring charges		-		39		39
Other(2)	Restructuring charges		-		5		5
		$	133	$	144	$	277

(1)Remaining net carrying value approximates fair value and is immaterial as of January 30, 2021.

(2)Other charges are primarily comprised of contract termination costs.

Restructuring Accrual Activity

	Termination Benefits
	Domestic		International		Total
Balances as of February 1, 2020	$	-	$	-	$	-
Charges		123		20		143
Cash payments		(19)		-		(19)
Balances as of January 30, 2021	$	104	$	20	$	124