Fair Value Measurements and Concentrations of Credit Risk (Tables)

12 Months Ended

Jan. 30, 2021

Fair Value By Fair Value Hierarchy Level Extensible List [Abstract]

Fair Value of Plan Assets Measured on a Recurring Basis

The following table shows the Company’s financial assets that are required to be measured at fair value on a recurring basis, by level within the hierarchy as defined by applicable accounting standards:

	January 30, 2021								February 1, 2020
			Fair Value Measurements								Fair Value Measurements
			Quoted Prices								Quoted Prices
	Total		in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total		in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
	(millions)
Marketable    equity and    debt securities	$	100	$	37	$	63	$	—	$	132	$	34	$	98	$	—

Estimated Fair Values of Company's Long Term Debt

The following table shows the estimated fair value of the Company’s long-term debt, excluding capital leases and other obligations:

	January 30, 2021						February 1, 2020
	Notional Amount		Carrying Amount		Fair Value		Notional Amount		Carrying Amount		Fair Value
	(millions)
Long-term debt	$	4,454	$	4,407	$	4,320	$	3,607	$	3,621		3,702

Fair Value Measurements, Nonrecurring Basis

The following table shows certain of the Company’s long-lived assets, which includes tangible and intangible assets, that were measured at fair value on a nonrecurring basis during 2020 and 2019:

	January 30, 2021								February 1, 2020
			Fair Value Measurements								Fair Value Measurements
	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
	(millions)
Long-lived assets	$	95	$	—	$	—	$	95	$	129	$	—	$	—	$	129
Goodwill		828		—		—		828		—		—		—		—