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

Accounts Payable and Accrued Liabilities

v3.26.1
Accounts Payable and Accrued Liabilities
 12 Months Ended
Jan. 31, 2026
Accounts Payable and Accrued Liabilities, Current [Abstract]  
Accounts Payable and Accrued Liabilities Accounts Payable and Accrued Liabilities
January 31,
2026		 February 1,
2025
(millions)
Accounts payable $ 816  $ 853 
Property related liabilities 428  446 
Gift cards and customer rewards 349  353 
Accrued wages and vacation 263  233 
Current portion of post employment and postretirement benefits 160  156 
Allowance for future sales returns 128  114 
Taxes other than income taxes 111  110 
Current portion of workers' compensation and general liability reserves 93  87 
Accrued interest 47  48 
Restructuring accruals, including severance 41  31 
Other 179  194 
$ 2,615  $ 2,625 
Changes in workers' compensation and general liability reserves, including the non-current portion, are as follows:
2025 2024 2023
(millions)
Balance, beginning of year $ 379  $ 375  $ 378 
Charged to costs and expenses 163  159  148 
Payments, net of recoveries (150) (154) (151)
Balance, end of year $ 392  $ 379  $ 375 
The non-current portion of workers' compensation and general liability reserves is included in other liabilities on the Consolidated Balance Sheets. At January 31, 2026 and February 1, 2025, workers' compensation and general liability reserves of $111 million and $105 million, respectively, are covered by deposits and receivables included in current assets on the Consolidated Balance Sheets.