XML 25 R11.htm IDEA: XBRL DOCUMENT v3.20.2
Revenue
9 Months Ended
Oct. 31, 2020
Revenue [Abstract]  
Revenue

2. Revenue

The following table presents sales disaggregated based upon sales channel. Sales are attributable to the channel in which the sales transaction is initiated.

Thirteen weeks ended

Thirty-nine weeks ended

October 31,

November 2,

October 31,

November 2,

($ in millions)

    

2020

    

2019

    

2020

    

2019

Sales by Channel

Stores

$

1,656

$

1,636

$

3,858

$

4,915

Direct-to-customers

 

450

 

296

 

1,501

 

869

Total sales

$

2,106

$

1,932

$

5,359

$

5,784

Sales disaggregated based upon geographic area is presented in the table below. Sales are attributable to the geographic area in which the sales transaction is fulfilled.

Thirteen weeks ended

Thirty-nine weeks ended

October 31,

November 2,

October 31,

November 2,

($ in millions)

    

2020

    

2019

    

2020

    

2019

Sales by Geography

United States

$

1,534

$

1,361

$

3,974

$

4,122

International

 

572

 

571

 

1,385

 

1,662

Total sales

$

2,106

$

1,932

$

5,359

$

5,784

Contract Liabilities

We sell gift cards, which do not have expiration dates. Revenue from gift card sales is recorded when the gift cards are redeemed by customers. Breakage income is recognized as revenue in proportion to the pattern of rights exercised by the customer. The table below presents the activity of our gift card liability balance:

October 31,

November 2,

($ in millions)

2020

    

2019

Gift card liability at beginning of year

$

35

$

35

Redemptions

(70)

(70)

Breakage recognized in sales

(5)

(4)

Activations

69

66

Foreign currency fluctuations

1

(1)

Gift card liability

$

30

$

26

We elected not to disclose the information about remaining performance obligations since the amount of gift cards redeemed after 12 months is not significant.