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Revenue Recognition
3 Months Ended
May 04, 2024
Revenue from Contract with Customer [Abstract]  
Revenue Recognition

2. Revenue Recognition

The following table summarizes Net sales by line of business:

 

 

Quarter Ended

(Dollars in Millions)

May 4, 2024

April 29, 2023

Women's

$923

$988

Accessories (including Sephora)

618

512

Men's

600

695

Home

392

433

Children's

344

403

Footwear

301

324

Net Sales

$3,178

$3,355

 

Unredeemed gift cards and merchandise return card liabilities totaled $294 million as of May 4, 2024, $327 million as of February 3, 2024, and $317 million as of April 29, 2023. In the first quarter of 2024 and 2023, net sales of $57 million and $68 million, respectively, were recognized from gift cards redeemed in the current period and issued in prior years.