Financial Instruments and Risk Management (Tables)

12 Months Ended

Feb. 01, 2020

Financial Instruments and Risk Management [Abstract]

Fair Value of Derivative Contracts on Gross Basis, by Type of Contract

The following is presented on a gross basis, by type of contract:

	Balance Sheet	February 1,		February 2,
($ in millions)	Caption	2020		2019
Hedging Instruments:
Foreign exchange forward contracts	Current liabilities	$	4	$	1

Notional Amounts for Outstanding Derivatives and Weighted-Average Exchange Rates of Foreign Exchange Forward Contracts

The table below presents the notional amounts for all outstanding derivatives and the weighted-average exchange rates of foreign exchange forward contracts at February 1, 2020:

		Contract Value	Weighted-Average
		($ in millions)	Exchange Rate
Inventory
Buy €/Sell British £	$	92	0.8847
Intercompany
Buy US $/Sell CAD $	$	1	1.3167