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Derivative Instruments (Tables)
12 Months Ended
Feb. 03, 2024
Derivative Instruments [Abstract]  
Notional Amount of Derivative Instruments

Notional Amount

Contract Type

February 3, 2024

January 28, 2023

Derivatives designated as net investment hedges

$

100 

$

114 

Derivatives designated as interest rate swap contracts

500 

500 

No hedging designation (foreign currency forward contracts)

66 

56 

Total

$

666 

$

670 

Effects of Derivative Instruments on Consolidated Statements of Earnings

Gain (Loss) Recognized

Contract Type

Statement of Earnings Location

2024

2023

2022

Interest rate swap contracts

Interest expense

$

(4)

$

(57)

$

(41)

Adjustments to carrying value of long-term debt

Interest expense

4 

57 

41 

Total

$

-

$

-

$

-