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Commitments
12 Months Ended
Jan. 29, 2022
Commitments And Contingencies Disclosure [Abstract]  
Commitments

 

14.

Commitments   

Our estimated total purchase obligations, which primarily consist of merchandise purchase obligations and obligations under outsourcing arrangements, software license and other service commitments, energy and other supply agreements identified by the Company, and construction contracts, were approximately $3.2 billion and $2.8 billion as of January 29, 2022 and January 30, 2021, respectively. These purchase obligations are primarily due within 1 year and recorded as liabilities when goods are received or services rendered. The Company's merchandise purchase obligations fluctuate on a seasonal basis, typically being higher in the summer and early fall and being lower in the late winter and early spring. The Company purchases a substantial portion of its merchandise inventories and other goods and services in ways other than through binding contracts.