Quarterly report [Sections 13 or 15(d)]

CONSOLIDATED STATEMENTS OF INCOME

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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Nov. 01, 2025
Nov. 02, 2024
Nov. 01, 2025
Nov. 02, 2024
Income Statement [Abstract]        
Net sales $ 4,713 $ 4,742 $ 14,125 $ 14,525
Other revenue 200 161 580 474
Total revenue 4,913 4,903 14,705 14,999
Cost of sales (2,855) (2,864) (8,550) (8,749)
Selling, general and administrative expenses (2,024) (2,064) (5,881) (5,948)
Gains on sale of real estate 12 66 44 103
Impairment, restructuring and other (costs) benefits (4) 23 (33) 5
Operating income 42 64 285 410
Benefit plan income, net 4 4 12 12
Interest expense, net (25) (32) (77) (94)
Loss on extinguishment of debt (16) (1) (33) (1)
Income before income taxes 5 35 187 327
Federal, state and local income tax benefit (expense) 6 (7) (52) (87)
Net income $ 11 $ 28 $ 135 $ 240
Basic earnings per share (usd per share) $ 0.04 $ 0.10 $ 0.50 $ 0.86
Diluted earnings per share (usd per share) $ 0.04 $ 0.10 $ 0.48 $ 0.85