Fair Value Measurements (Tables)

6 Months Ended

Aug. 04, 2018

Fair Value Measurements [Abstract]

Assets and Liabilities Measured at Fair Value on Recurring Basis

The following tables provide a summary of the Company’s recognized assets and liabilities that are measured at fair value on a recurring basis:

	As of August 4, 2018						As of July 29, 2017						As of February 3, 2018
	($ in millions)
	Level 1		Level 2		Level 3		Level 1		Level 2		Level 3		Level 1		Level 2		Level 3
Assets
Investment in equity securities	$	—	$	15	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Available-for-sale security		—		7		—		—		7		—		—		7		—
Foreign exchange forward contracts		—		2		—		—		3		—		—		1		—
Total Assets	$	—	$	24	$	—	$	—	$	10	$	—	$	—	$	8	$	—
Liabilities
Foreign exchange forward contracts		—		1		—		—		1		—		—		1		—
Total Liabilities	$	—	$	1	$	—	$	—	$	1	$	—	$	—	$	1	$	—

Carrying Value and Estimated Fair Value of Long-Term Debt

The carrying value and estimated fair value of long-term debt and obligations under capital leases were as follows:

	August 4,		July 29,		February 3,
	2018		2017		2018
	($ in millions)
Carrying value	$	124	$	126	$	125
Fair value	$	140	$	146	$	144