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Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Aug. 01, 2020
Aug. 03, 2019
Aug. 01, 2020
Aug. 03, 2019
Income Statement [Abstract]        
Net sales $ 3,559 $ 5,546 $ 6,576 $ 11,050
Credit card revenues, net 168 176 299 348
Cost of sales (2,718) (3,395) (5,219) (6,798)
Selling, general and administrative expenses (1,398) (2,177) (2,995) (4,287)
Gains on sale of real estate 0 7 16 49
Impairment, restructuring and other costs (242) (2) (3,426) (3)
Operating income (loss) (631) 155 (4,749) 359
Benefit plan income, net 12 8 21 15
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement (38) 0 (38) 0
Interest expense (70) (52) (120) (106)
Financing costs (3) 0 (3) 0
Interest income 1 5 3 12
Income (loss) before income taxes (729) 116 (4,886) 280
Federal, state and local income tax benefit (expense) 298 (30) 874 (57)
Net income (loss) $ (431) $ 86 $ (4,012) $ 223
Basic earnings (loss) per share $ (1.39) $ 0.28 $ (12.91) $ 0.72
Diluted earnings (loss) per share $ (1.39) $ 0.28 $ (12.91) $ 0.71