Annual report [Section 13 and 15(d), not S-K Item 405]

Accounts Payable and Accrued Liabilities

v3.25.1
Accounts Payable and Accrued Liabilities
 12 Months Ended
Feb. 01, 2025
Accounts Payable and Accrued Liabilities, Current [Abstract]  
Accounts Payable and Accrued Liabilities Accounts Payable and Accrued Liabilities
February 1,
2025		 February 3,
2024
(millions)
Accounts payable $ 853  $ 747 
Property related liabilities 446  424 
Gift cards and customer rewards 353  384 
Accrued wages and vacation 233  177 
Current portion of post employment and postretirement benefits 156  163 
Allowance for future sales returns 114  136 
Taxes other than income taxes 110  136 
Current portion of workers' compensation and general liability reserves 87  85 
Accrued interest 48  53 
Restructuring accruals, including severance 31  47 
Other 194  219 
$ 2,625  $ 2,571 
Changes in workers' compensation and general liability reserves, including the non-current portion, are as follows:
2024 2023 2022
(millions)
Balance, beginning of year $ 375  $ 378  $ 387 
Charged to costs and expenses 159  148  123 
Payments, net of recoveries (154) (151) (132)
Balance, end of year $ 379  $ 375  $ 378 
The non-current portion of workers' compensation and general liability reserves is included in other liabilities on the Consolidated Balance Sheets. At February 1, 2025 and February 3, 2024, workers' compensation and general liability reserves of $105 million and $106 million, respectively, are covered by deposits and receivables included in current assets on the Consolidated Balance Sheets.