Annual report pursuant to Section 13 and 15(d)

Impairment, Restructuring and Other Costs (Tables)

v3.23.1
Impairment, Restructuring and Other Costs (Tables)
 12 Months Ended
Jan. 28, 2023
Restructuring Costs and Asset Impairment Charges [Abstract]  
Impairments, Restructuring and Other Costs
Impairment, restructuring and other costs consist of the following:
2022 2021 2020
(millions)
Asset Impairments $ 15  $ 6  $ 3,280 
Restructuring 5  3  224 
Other 21  21  75 
$ 41  $ 30  $ 3,579 
Summary of Restructuring and Other Cash Activity
A summary of the restructuring and other cash activity for 2022, 2021, and 2020 related to the Polaris strategy, which are included within accounts payable and accrued liabilities, is as follows:
Severance and
other benefits		 Professional
fees and
other related
charges 		Total
(millions)
Balance at February 1, 2020 $ 115  $ 9  $ 124 
Additions charged to expense 55  17  72 
Cash payments (156) (24) (180)
Balance at January 30, 2021 14  2  16 
Additions charged to expense 5  —  5 
Cash payments (18) (2) (20)
Balance at January 29, 2022 1  —  1 
Additions charged to expense —  —  — 
Cash payments (1) —  (1)
Balance at January 28, 2023 $ —  $ —  $ —