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Fair Value Measurements (Tables)
9 Months Ended
Nov. 02, 2019
Fair Value Measurements [Abstract]  
Assets and Liabilities Measured at Fair Value on Recurring Basis

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

November 2, 2019

November 3, 2018

February 2, 2019

($ in millions)

    

Level 1

    

Level 2

    

Level 3

    

Level 1

    

Level 2

    

Level 3

    

Level 1

    

Level 2

    

Level 3

Assets

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

Equity investments

$

$

136

$

$

$

21

$

$

$

94

$

Available-for-sale security

6

6

6

Foreign exchange forward contracts

 

 

 

 

 

1

 

 

 

 

Total Assets

$

$

142

$

$

$

28

$

$

$

100

$

Liabilities

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

Foreign exchange forward contracts

 

 

2

 

 

 

 

 

1

 

Total Liabilities

$

$

2

$

$

$

$

$

$

1

$

Carrying Value and Estimated Fair Value of Long-Term Debt

November 2,

November 3,

February 2,

    

2019

    

2018

    

2019

 

($ in millions)

Carrying value

$

122

$

124

$

124

Fair value

$

135

$

138

$

136