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Note 3 - Segment Information - Sales and Division Operating Results for Reportable Segments (Details) - USD ($)
$ in Millions
12 Months Ended
Feb. 03, 2024
Jan. 28, 2023
Jan. 29, 2022
Division profit $ 264 $ 844 $ 1,171
Impairment and other [1] 80 112 172
Less: Corporate expense (2) [2] 42 151 129
Income from operations 142 581 870
Interest expense, net (9) (15) (14)
Other (expense) income, net [3] (556) (42) 384
(Loss) income from continuing operations before income taxes $ (423) $ 524 $ 1,240
[1] See Note 4, Impairment and Other 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 2022 and $28 million for 2021, thereby reducing corporate expense. No change was made during 2023.
[3] See Note 5, Other (Expense) Income, net for additional information on these amounts.