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Segment Information (Tables)

12 Months Ended

Jan. 29, 2022

Sales and Division Operating Results for Reportable Segments


($ in millions)	2021		2020		2019
Division profit	$	1,161	$	491	$	788
Less: Impairment and other charges ⁽¹⁾		172		117		65
Less: Corporate expense ⁽²⁾		129		71		74
Income from operations		860		303		649
Interest (expense) income, net		(14)		(7)		11
Other income, net ⁽³⁾		394		198		12
Income before income taxes	$	1,240	$	494	$	672

(1)	See Note 4, Impairment and Other Charges for additional information on these amounts.

(2)

Corporate expense for all years presented reflects the reallocation of expense between corporate and the operating divisions. Based upon annual internal studies of corporate expense, the allocation of such expenses to the operating divisions was increased by $19 million for 2021, $28 million for 2020, and $32 million for 2019, thereby reducing corporate expense. See Note 4, Impairment and Other Charges for additional information on these amounts.

(3)	See Note 5, Other Income, net for additional information on these amounts.

Disaggregation of Revenue


($ in millions)	2021		2020		2019
Sales by Channel
Stores	$	7,029	$	5,447	$	6,720
Direct-to-customers		1,929		2,101		1,285
Total sales	$	8,958	$	7,548	$	8,005

Sales and Long-Lived Asset Information by Geographic Area

Sales and long-lived asset information by geographic area as of and for the fiscal years ended January 29, 2022, January 30, 2021, and February 1, 2020 are presented in the following tables. Sales are attributed to the country in which the sales transaction is fulfilled. Long-lived assets reflect property and equipment and lease right-of-use assets.


($ in millions)	2021		2020		2019
Sales by Geography
United States	$	6,477	$	5,581	$	5,691
International		2,481		1,967		2,314

Total sales	$	8,958	$	7,548	$	8,005

($ in millions)	2021		2020		2019
Long-Lived Assets
United States	$	2,285	$	2,218	$	2,479
International		1,248		1,286		1,244
Total long-lived assets	$	3,533	$	3,504	$	3,723

Segment Information


	Depreciation and
	Amortization						Capital Expenditures ⁽¹⁾						Total Assets
($ in millions)	2021		2020		2019		2021		2020		2019		2021		2020		2019
Division	$	163	$	152	$	160	$	127	$	88	$	105	$	7,184	$	5,159	$	5,523
Corporate		34		24		19		82		71		82		951		1,884		1,066
Total	$	197	$	176	$	179	$	209	$	159	$	187	$	8,135	$	7,043	$	6,589

(1) Represents cash capital expenditures for all years presented.