Segment Information (Tables)

3 Months Ended

May 01, 2021

Sales and Division Operating Results for Reportable Segments


	Thirteen weeks ended
	May 1,		May 2,
($ in millions)	2021		2020
Sales	$	2,153	$	1,176

Operating Results
Division (loss) profit		315		(79)
Less: Impairment and other charges ⁽¹⁾		4		16
Less: Corporate expense ⁽²⁾		29		10
Income (loss) from operations		282		(105)
Interest expense, net		(2)		(1)
Other income, net		4		1
Income (loss) before income taxes	$	284	$	(105)

(1)	During the thirteen weeks ended May 1, 2021, we recorded pre-tax charges as detailed in Note 4, Impairment and Other Charges.

(2)

Corporate expense consists of unallocated selling, general and administrative expenses, as well as depreciation and amortization related to our corporate headquarters, centrally managed departments, unallocated insurance and benefit programs, certain foreign exchange transaction gains and losses, and other items.

Disaggregation of Revenue

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


	Thirteen weeks ended
	May 1,		May 2,
($ in millions)	2021		2020
Sales by Channel
Stores	$	1,620	$	814
Direct-to-customers		533		362
Total sales	$	2,153	$	1,176