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Fair Value Measurements (Tables)
6 Months Ended
Jul. 30, 2022
Fair Value Measurements [Abstract]  
Assets and Liabilities Measured at Fair Value on Recurring Basis

Assets and Liabilities Measured at Fair Value on a Recurring Basis

($ in millions)

As of July 30, 2022

As of July 31, 2021

    

Level 1

    

Level 2

    

Level 3

    

Level 1

    

Level 2

    

Level 3

Assets

 

  

 

  

 

  

 

  

 

  

 

  

Minority investment in common stock

$

107

$

$

$

92

$

$

Available-for-sale security

6

7

Foreign exchange forward contracts

 

 

1

 

 

 

1

 

Cross-currency swap contract

1

Total assets

$

107

$

8

$

$

92

$

8

$

Liabilities

 

  

 

  

 

  

 

  

 

  

 

  

Contingent consideration

 

 

 

35

 

 

 

Foreign exchange forward contracts

 

 

 

 

 

2

 

Total liabilities

$

$

$

35

$

$

2

$

Carrying Value and Estimated Fair Value of Long-Term Debt

($ in millions)

    

July 30, 2022

    

July 31, 2021

Carrying value (1)

$

394

$

99

Fair value

$

313

$

102

(1)The carrying value of debt as of July 30, 2022 reflects $6 million of issuer’s discount and costs related to the 4% Notes.