Annual report pursuant to Section 13 and 15(d)

Impairment, Restructuring and Other Costs (Tables)

v3.24.1
Impairment, Restructuring and Other Costs (Tables)
 12 Months Ended
Feb. 03, 2024
Restructuring Costs and Asset Impairment Charges [Abstract]  
Schedule of Impairments, Restructuring and Other Costs
Impairment, restructuring and other costs consist of the following:
2023 2022 2021
(millions)
Asset Impairments $ 957  $ 15  $ 6 
Restructuring 55  5  3 
Other 15  21  21 
$ 1,027  $ 41  $ 30 
Schedule of Restructuring and Other Cash Activity
A summary of the restructuring and other cash activity from the Polaris strategy in 2022 and 2021, 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 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 —  —  —