v3.26.1
CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Millions
Total
Shares of common stock
Additional paid-in capital
Retained earnings
Accumulated other comprehensive income (loss)
Non-controlling interest
Beginning balance (in shares) at Feb. 03, 2023   54,000,000        
Beginning balance at Feb. 03, 2023 $ 1,704   $ 637 $ 1,035 $ 22 $ 10
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 477     477    
Issuances of stock, (in shares)   1,000,000        
Issuances of stock 18   18      
Other comprehensive loss, net of tax (6)       (6)  
Cash dividends (80)     (80)    
Stock-based compensation, net of shares withheld for taxes [1] 45   45      
Repurchases of stock, (in shares)   (3,000,000)        
Repurchases of stock (363)   (363)      
Deconsolidation of non-controlling interest (10)         (10)
Ending balance (in shares) at Feb. 02, 2024   52,000,000        
Ending balance at Feb. 02, 2024 1,785   337 1,432 16 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 362     362    
Issuances of stock 20   20      
Other comprehensive loss, net of tax (4)       (4)  
Cash dividends (75)     (75)    
Stock-based compensation, net of shares withheld for taxes [1] 22   22      
Repurchases of stock, (in shares)   (4,000,000)        
Repurchases of stock $ (533)   (379) (154)    
Ending balance (in shares) at Jan. 31, 2025 48,000,000 48,000,000        
Ending balance at Jan. 31, 2025 $ 1,577   0 1,565 12 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 358     358    
Issuances of stock 22   22      
Other comprehensive loss, net of tax (4)       (4)  
Cash dividends (70)     (70)    
Stock-based compensation, net of shares withheld for taxes [1] 42   42      
Repurchases of stock, (in shares)   (4,000,000)        
Repurchases of stock $ (425)   (64) (361)    
Ending balance (in shares) at Jan. 30, 2026 44,000,000 44,000,000        
Ending balance at Jan. 30, 2026 $ 1,500   $ 0 $ 1,492 $ 8 $ 0
[1] In fiscal 2026, fiscal 2025 and fiscal 2024, the shares withheld for taxes related to stock-based compensation arrangements amounted to $22 million, $31 million, and $23 million, respectively.