Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.23.3
Fair Value Measurements (Tables)
 9 Months Ended
Oct. 28, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Abstract]  
Summary of Fair Value of Plan Assets Measured on a Recurring Basis
The following table shows the Company's financial assets that are required to be measured at fair value on a recurring basis, by level within the hierarchy as defined by applicable accounting standards:
Level 1: Quoted prices in active markets for identical assets
Level 2: Significant observable inputs for the assets
Level 3: Significant unobservable inputs for the assets
October 28, 2023 October 29, 2022
Fair Value Measurements Fair Value Measurements
Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3
(millions)
Marketable equity and debt securities $ 37  $ 37  $ —  $ —  $ 33  $ 33  $ —  $ — 
Summary of Estimated Fair Values of Company's Long Term Debt
The following table shows the estimated fair value of the Company's long-term debt:
October 28, 2023 October 29, 2022
Notional
Amount		 Carrying
Amount		 Fair
Value		 Notional
Amount		 Carrying
Amount		 Fair
Value
(millions)
Long-term debt $ 3,007  $ 2,997  $ 2,325  $ 3,007  $ 2,996  $ 2,371