Sales of Receivables (Tables)

6 Months Ended

Aug. 02, 2024

Transfers Of Financial Assets Accounted For As Sales, Marpa

MARPA Facility activity consisted of the following:


	Six Months Ended
	August 2, 2024		August 4, 2023
	(in millions)
Beginning balance	$	205	$	250
Sale of receivables	2,065		1,425
Cash collections	(2,095)		(1,425)
Outstanding balance sold to Purchaser(1)	175		250
Cash collected, not remitted to Purchaser(2)	(31)		(25)
Remaining sold receivables	$	144	$	225

(1) For the six months ended August 2, 2024, the Company recorded a net decrease of $30 million to cash flows from operating activities from sold receivables. For the six months ended August 4, 2023, there was no net impact to cash flows from operating activities from sold receivables.

(2) Primarily represents the cash collected on behalf of but not yet remitted to the Purchaser as of August 2, 2024 and August 4, 2023. This balance is included in "Accounts payable" on the condensed consolidated balance sheets.