Accounts Payable and Accrued Liabilities

12 Months Ended

Feb. 03, 2024

Accounts Payable and Accrued Liabilities, Current [Abstract]

Accounts Payable and Accrued Liabilities

Accounts Payable and Accrued Liabilities

	February 3, 2024		January 28, 2023
	(millions)
Accounts payable	$	610	$	821
Gift cards and customer rewards	384		399
Property related liabilities	424		438
Accrued wages and vacation	177		199
Allowance for future sales returns	136		236
Current portion of post employment and postretirement benefits	163		159
Taxes other than income taxes	136		121
Current portion of workers' compensation and general liability reserves	85		86
Accrued interest	53		51
Restructuring accruals, including severance	47		4
Other	219		236
	$	2,434	$	2,750

Changes in workers' compensation and general liability reserves, including the non-current portion, are as follows:

	2023		2022		2021
	(millions)
Balance, beginning of year	$	378	$	387	$	416
Charged to costs and expenses	148		123		108
Payments, net of recoveries	(151)		(132)		(137)
Balance, end of year	$	375	$	378	$	387

The non-current portion of workers' compensation and general liability reserves is included in other liabilities on the Consolidated Balance Sheets. At February 3, 2024 and January 28, 2023, workers' compensation and general liability reserves of $106 million and $102 million, respectively, are covered by deposits and receivables included in current assets on the Consolidated Balance Sheets.