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Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Oct. 29, 2022
Oct. 30, 2021
Oct. 29, 2022
Oct. 30, 2021
Income Statement [Abstract]        
Net sales $ 5,230 $ 5,440 $ 16,178 $ 15,794
Credit card revenues, net 206 213 601 568
Cost of sales (3,204) (3,207) (9,856) (9,449)
Selling, general and administrative expenses (2,057) (1,973) (5,918) (5,618)
Gains on sale of real estate 32 50 74 61
Impairment, restructuring and other costs (15) 0 (25) (21)
Operating income 192 523 1,054 1,335
Benefit plan income, net 7 17 21 49
Settlement charges (32) (8) (32) (90)
Interest expense (43) (53) (134) (212)
Losses on early retirement of debt 0 (185) (31) (199)
Interest income 1 0 3 1
Income before income taxes 125 294 881 884
Federal, state and local income tax expense (17) (55) (213) (197)
Net income $ 108 $ 239 $ 668 $ 687
Basic earnings per share $ 0.40 $ 0.78 $ 2.43 $ 2.21
Diluted earnings per share $ 0.39 $ 0.76 $ 2.37 $ 2.17