The Gap, Inc. (GAP) 10-Q 1 Jun 18 2018 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	May 05, 2018	May 25, 2018
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	May 5, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q1
Trading Symbol	GPS
Entity Registrant Name	GAP INC
Entity Central Index Key	39,911
Current Fiscal Year End Date	--02-02
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		387,469,526

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	May 05, 2018	Feb. 03, 2018	Apr. 29, 2017
Current assets:
Cash and cash equivalents	$ 1,210	$ 1,783	$ 1,583
Available-for-sale Securities, Current	164	0	0
Merchandise inventory	2,035	1,997	1,961
Other current assets	778	788	575
Total current assets	4,187	4,568	4,119
Property and equipment, net of accumulated depreciation of $6,041, $5,813, and $5,900	2,791	2,805	2,605
Other long-term assets	607	616	687
Total assets	7,585	7,989	7,411
Current liabilities:
Current maturities of debt	0	0	67
Accounts payable	1,072	1,181	1,119
Accrued expenses and other current liabilities	975	1,270	1,088
Income taxes payable	11	10	28
Total current liabilities	2,058	2,461	2,302
Long-term liabilities:
Total long-term debt	1,249	1,249	1,248
Lease incentives and other long-term liabilities	1,081	1,135	999
Total long-term liabilities	2,330	2,384	2,247
Commitments and contingencies (see Note 11)
Stockholders' equity:
Authorized 2,300 shares for all periods presented; Issued and Outstanding 389, 399, and 399 shares	19	19	20
Additional Paid in Capital	0	8	0
Retained earnings	3,127	3,081	2,796
Amounts reclassified from accumulated other comprehensive income	51	36	46
Total stockholders' equity	3,197	3,144	2,862
Total liabilities and stockholders' equity	$ 7,585	$ 7,989	$ 7,411

CONDENSED CONSOLIDATED BALANCE3

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) shares in Millions, $ in Millions	May 05, 2018	Feb. 03, 2018	Apr. 29, 2017
Property and equipment, accumulated depreciation	$ 6,025	$ 5,962	$ 5,877
Common stock, par value (in dollars per share)	$ 0.05	$ 0.05	$ 0.05
Common stock, shares authorized (in shares)	2,300	2,300	2,300
Common stock, shares issued (in shares)	387	389	396
Common stock, shares outstanding (in shares)	387	389	396

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Millions, $ in Millions		3 Months Ended
		May 05, 2018	Apr. 29, 2017
Net sales	[1]	$ 3,783	$ 3,440
Cost of goods sold and occupancy expenses		2,356	2,137
Gross profit		1,427	1,303
Operating Expenses		1,198	1,049
Operating income		229	254
Interest Expense		16	19
Interest income		(6)	(3)
Income before income taxes		219	238
Income taxes		55	95
Net income		$ 164	$ 143
Weighted-average number of shares - basic (in shares)		389	399
Weighted-average number of shares - diluted (in shares)		393	400
Earnings per share - basic (in dollars per share)		$ 0.42	$ 0.36
Earnings per share - diluted (in dollars per share)		0.42	0.36
Cash dividends declared and paid per share (in dollars per share)		$ 0.2425	$ 0.23
[1]	(1)Net sales for the 13 weeks ended May 5, 2018 reflect the adoption of the new revenue recognition standard and the favorable impact of the calendar shift due to the 53rd week in fiscal 2017. Prior period amounts have not been restated due to adoption of the new revenue standard and continue to be reported under accounting standards in effect for those periods.

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Millions	3 Months Ended
	May 05, 2018	Apr. 29, 2017
Net income	$ 164	$ 143
Other comprehensive income (loss), net of tax:
Foreign currency translation and other, net	(7)	(4)
Change in fair value of derivative financial instruments, net of tax (tax benefit) of $(6) and $4	28	0
Reclassification adjustment for (gains) losses on derivative financial instruments, net of (tax) tax benefit of $9 and $(2)	(6)	(4)
Other comprehensive income (loss), net of tax	15	(8)
Comprehensive income	$ 179	$ 135

CONDENSED CONSOLIDATED STATEME6

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($) $ in Millions	3 Months Ended
	May 05, 2018	Apr. 29, 2017
Change in fair value of derivative financial instruments, net of tax (tax benefit)	$ (6)	$ 4
Reclassification adjustment for (gains) losses on derivative financial instruments, net of (tax) tax benefit	$ 9	$ (2)

CONDENSED CONSOLIDATED STATEME7

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	3 Months Ended
	May 05, 2018	Apr. 29, 2017
Cash flows from operating activities:
Net income	$ 164	$ 143
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	140	138
Amortization of lease incentives	(14)	(15)
Share-based compensation	21	20
Non-cash and other items	7	1
Deferred income taxes	6	(10)
Changes in operating assets and liabilities:
Merchandise inventory	(46)	(133)
Other current assets and other long-term assets	(40)	58
Accounts payable	(120)	(135)
Accrued expenses and other current liabilities	(232)	(50)
Income taxes payable, net of prepaid and other tax-related items	31	71
Lease incentives and other long-term liabilities	17	3
Net cash provided by operating activities	(66)	91
Cash flows from investing activities:
Purchases of property and equipment	(138)	(110)
Insurance proceeds related to loss on property and equipment	0	14
Payments to Acquire Short-term Investments	(167)	0
Proceeds from Sale of Short-term Investments	3	0
Other	(7)	0
Net cash used for investing activities	(309)	(96)
Cash flows from financing activities:
Proceeds from issuances under share-based compensation plans	20	8
Withholding tax payments related to vesting of stock units	(19)	(13)
Repurchases of common stock	(100)	(96)
Cash dividends paid	(94)	(92)
Net cash used for financing activities	(193)	(193)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	(2)	1
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect	(570)	(197)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents beginning of period	1,799	1,797
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents end of period	1,229	1,600
Supplemental disclosure of cash flow information:
Cash paid for interest during the period	38	38
Cash paid for income taxes during the period, net of refunds	$ 19	$ 35

Basis of Presentation

Basis of Presentation	3 Months Ended
	May 05, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The Condensed Consolidated Balance Sheets as of May 5, 2018 and April 29, 2017 , and the Condensed Consolidated Statements of Income, the Condensed Consolidated Statements of Comprehensive Income, and the Condensed Consolidated Statements of Cash Flows for the thirteen weeks ended May 5, 2018 and April 29, 2017 , have been prepared by The Gap, Inc. (the “Company,” “we,” and “our”). In the opinion of management, such statements include all adjustments (which include normal recurring adjustments) considered necessary to present fairly our financial position, results of operations, and cash flows as of May 5, 2018 and April 29, 2017 and for all periods presented. The Condensed Consolidated Balance Sheet as of February 3, 2018 has been derived from our audited financial statements. The accompanying unaudited Condensed Consolidated Financial Statements have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission. Accordingly, certain information and disclosures normally included in the notes to the annual financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) have been omitted from these interim financial statements, although the Company believes that the disclosures made are adequate to make the information not misleading. We suggest that you read these Condensed Consolidated Financial Statements in conjunction with the Consolidated Financial Statements and notes thereto included in our Annual Report on Form 10-K for the fiscal year ended February 3, 2018 . The results of operations for the thirteen weeks ended May 5, 2018 are not necessarily indicative of the operating results that may be expected for the 52-week period ending February 2, 2019 .

Accounting Policies

Accounting Policies	3 Months Ended
	May 05, 2018
Recent Accounting Pronouncements [Abstract]
Recent Accounting Pronouncements	Accounting Policies Accounting Pronouncements Recently Adopted Revenue from Contracts with Customers In May 2014, the Financial Accounting Standards Board (“FASB”) issued accounting standards update (“ASU”) No. 2014-09, Revenue from Contracts with Customers, to clarify the principles of recognizing revenue and create common revenue recognition guidance between U.S. GAAP and International Financial Reporting Standards. On February 4, 2018, we adopted ASU No. 2014-09 and related amendments (collectively “ASC 606”) using the modified retrospective transition method and recorded an increase to opening retained earnings of $36 million , net of tax, related primarily to breakage income for gift cards, gift certificates, credit vouchers, outstanding loyalty points, and reimbursements of loyalty program discounts. The comparative information has not been restated and continues to be reported under the accounting standards in effect for those periods. The Company’s revenues include merchandise sales at stores, online, and through franchise agreements. We also realize breakage income related to our gift cards, gift certificates, credit vouchers, and outstanding loyalty points, which are recorded as revenue based upon historical redemption patterns, and income from a credit card agreement for our private label and co-branded credit cards. For online sales, ship-from-stores sales, and catalog sales the Company has elected to treat shipping and handling as fulfillment activities, and not a separate performance obligation. Accordingly, we recognize revenue for our single performance obligation related to online sales, ship-from-store sales, and catalog sales at the time control of the merchandise passes to the customer, which is generally at the time of shipment. We also record an allowance for estimated returns based on our historical return patterns and various other assumptions that management believes to be reasonable, which are presented on a gross basis on our Condensed Consolidated Balance Sheet. Our credit card agreement provides for certain payments to be made to us, including a share of revenues from the performance of the credit card portfolios and reimbursements of loyalty program discounts. We have identified separate performance obligations related to our credit card agreement that includes both providing a license and an obligation to redeem loyalty points issued under the loyalty rewards program. Revenue related to our obligation to redeem loyalty points is deferred until those loyalty points are redeemed. With the adoption of ASC 606, income related to our credit card agreement is now classified within net sales in our Condensed Consolidated Statement of Income. We also have franchise agreements with unaffiliated franchisees to operate Gap, Banana Republic, and Old Navy stores in a number of countries throughout Asia, Europe, Latin America, the Middle East, and Africa. Under these agreements, third parties operate, or will operate, stores that sell apparel and related products under our brand names. We have identified separate performance obligations related to our franchise agreements that include both providing our franchise partners with a license and an obligation to supply franchise partners with our merchandise. Our obligation to provide a license is satisfied when subsequent sales occur and our obligation to supply franchise partners with our merchandise is satisfied when control transfers. As of the quarter ended May 5, 2018, there were no material contract liabilities related to our franchise agreements. We defer revenue when cash payments are received in advance of performance for unsatisfied obligations related to our gift cards, gift certificates, credit vouchers, outstanding loyalty points, and reimbursements of loyalty program discounts associated with our credit card agreement. The opening and closing balance of deferred revenue related to gift cards, gift certificates, credit vouchers, outstanding loyalty points, and reimbursements of loyalty program discounts was $232 million and $201 million , respectively, as of the quarter ended May 5, 2018. For the thirteen weeks ended May 5, 2018, we recognized $97 million of revenue related to previous deferrals related to our gift cards, gift certificates, credit vouchers, outstanding loyalty points, and reimbursements of loyalty program discounts. We expect that approximately 70% of the remainder of deferred revenues as of the quarter ended May 5, 2018 for gift cards, gift certificates, and credit vouchers will be recognized during fiscal 2018 as our performance obligations are satisfied. In addition, we expect that substantially all of the remainder of deferred revenues as of the quarter ended May 5, 2018 for outstanding loyalty points and reimbursements of loyalty program discounts associated with our credit card agreement will be recognized during fiscal 2018 as our performance obligations are satisfied. The following table summarizes the impacts of adopting ASC 606 in our Condensed Consolidated Statement of Income for the thirteen weeks ended May 5, 2018: 13 Weeks Ended May 5, 2018 ($ in millions) As Reported Adjustments (1) Balances without adoption of ASC 606 Net sales $ 3,783 $ (141 ) $ 3,642 Cost of goods sold and occupancy expenses 2,356 (50 ) 2,306 Gross profit 1,427 (91 ) 1,336 Operating expenses 1,198 (92 ) 1,106 Operating income 229 1 230 Interest expense 16 — 16 Interest income (6 ) — (6 ) Income before income taxes 219 1 220 Income taxes 55 — 55 Net income $ 164 $ 1 $ 165 __________ (1) Primarily consists of $92 million in income from revenue sharing associated with our credit card programs, which was previously recorded as a reduction to operating expenses in our Condensed Consolidated Statements of Income, and $44 million in reimbursements of loyalty program discounts associated with our credit card programs, which was previously recorded as a reduction to cost of goods sold and occupancy expenses in our Condensed Consolidated Statements of Income. In addition, with the adoption of ASC 606 we now recognize allowances for estimated sales returns on a gross basis rather than net basis on our Condensed Consolidated Balance Sheet. For the quarter ended May 5, 2018, we recorded a right of return asset for merchandise we expect to receive back from customers of $38 million , which is recorded as other current assets on our Condensed Consolidated Balance Sheet, and a liability for refunds payable of $93 million , which is recorded as accrued expenses and other current liabilities on our Condensed Consolidated Balance Sheet. For the quarter ended May 5, 2018, the net amount under the previous guidance would have been $53 million recorded as accrued expenses and other current liabilities on our Condensed Consolidated Balance Sheet. Accordingly, the impact of the change in accounting standard is an increase of $38 million to other current assets on our Condensed Consolidated Balance Sheet and an increase of $40 million to accrued expenses and other current liabilities on our Condensed Consolidated Balance Sheet. See Note 12 of Notes to Condensed Consolidated Financial Statements “Segment Information” for disaggregation of revenue by brand and by region. Statement of Cash Flows: Restricted Cash In November 2016, the FASB issued ASU 2016-18, Statement of Cash Flows: Restricted Cash, which amended the presentation of restricted cash within the statement of cash flows. The new guidance requires that restricted cash be added to cash and cash equivalents on the statement of cash flows. We adopted ASU 2016-18 for the quarter ended May 5, 2018 on a retrospective basis. The retrospective adoption increased our beginning and ending cash and cash equivalent balances within our Condensed Consolidated Statements of Cash Flows to include restricted cash balances. The adoption had no other material impacts to our Condensed Consolidated Statements of Cash Flows and had no impact on our results of operations or financial position. Amounts included in restricted cash primarily represent cash that serves as collateral for our insurance obligations. Any cash that is legally restricted from use is classified as restricted cash. If the purpose of restricted cash related to acquiring a long-term asset, liquidating a long-term liability, or is otherwise unavailable for a period longer than one year from the balance sheet date, the restricted cash is included in other long-term assets. Otherwise, restricted cash is included in other current assets on our Condensed Consolidated Balance Sheets. The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within our Condensed Consolidated Balance Sheets to the total shown in our Condensed Consolidated Statements of Cash Flows: ($ in millions) May 5, February 3, April 29, Cash and cash equivalents $ 1,210 $ 1,783 $ 1,583 Restricted cash included in other current assets 1 1 1 Restricted cash included in other long-term assets 18 15 16 Total cash, cash equivalents, and restricted cash shown in the Condensed Consolidated Statement of Cash Flows $ 1,229 $ 1,799 $ 1,600 Recognition and Measurement of Financial Assets and Financial Liabilities In January 2016, the FASB issued ASU 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities, that updates certain aspects of recognition, measurement, presentation, and disclosure of financial instruments. We adopted this ASU for the quarter ended May 5, 2018 with no material impact to our Condensed Consolidated Financial Statements. Accounting Pronouncements Not Yet Adopted Except as noted below, the Company has considered all recent accounting pronouncements and has concluded that there are no recent accounting pronouncements that may have a material impact on its Consolidated Financial Statements, based on current information. In February 2016, the FASB issued ASU No. 2016-02, Leases. Under the new guidance, lessees will be required to recognize a lease liability and a right-of-use asset for all leases (with the exception of short-term leases) at the commencement date. The ASU is effective for fiscal years and interim periods within those years beginning after December 15, 2018. We are still assessing the impact of this ASU on our Consolidated Financial Statements, but it will result in a material increase in our long-term assets and liabilities. We will adopt the ASU beginning in the first quarter of fiscal 2019. In August 2017, the FASB issued ASU No. 2017-12, Derivatives and Hedging: Targeted Improvements to Accounting for Hedging Activities. The amendments are intended to better align an entity’s risk management activities and financial reporting for hedging relationships through changes to the designation and measurement guidance for qualifying hedging relationships and the presentation of hedge results. The ASU is effective for fiscal years and interim periods within those years beginning after December 15, 2018. We are currently assessing the potential impact of this ASU on our Consolidated Financial Statements.

Debt and Credit Facilities

Debt and Credit Facilities	3 Months Ended
	May 05, 2018
Debt Disclosure [Abstract]
Debt and Credit Facilities	Debt and Credit Facilities Long-term debt consists of the following: ($ in millions) May 5, February 3, April 29, Notes $ 1,249 $ 1,249 $ 1,248 Japan Term Loan — — 67 Total debt 1,249 1,249 1,315 Less: Current portion of Japan Term Loan — — (67 ) Total long-term debt $ 1,249 $ 1,249 $ 1,248 As of May 5, 2018 , February 3, 2018 , and April 29, 2017 , the estimated fair value of our $1.25 billion aggregate principal amount of 5.95 percent notes (the “Notes”) due April 2021 was $1.31 billion , $1.33 billion , and $1.35 billion , respectively, and was based on the quoted market price of the Notes (level 1 inputs) as of the last business day of the respective fiscal quarter. The aggregate principal amount of the Notes is recorded in long-term debt on the Condensed Consolidated Balance Sheets, net of the unamortized discount. As of April 29, 2017 , the carrying amount of our 15 billion Japanese yen, four -year, unsecured term loan (“Japan Term Loan”) approximated its fair value, as the interest rate varies depending on quoted market rates (level 1 inputs). Repayments of 2.5 billion Japanese yen were paid on January 15 of each year, and a final repayment of 7.5 billion Japanese yen, which was due on January 15, 2018 , was paid in full in June 2017. Interest was payable at least quarterly based on an interest rate equal to the Tokyo Interbank Offered Rate plus a fixed margin. We have a $500 million , five -year, unsecured revolving credit facility (the “Facility”), which is scheduled to expire in May 2020 . On May 31, 2018, we entered into an agreement to extend the term of the Facility. With this extension, the new expiration date of the Facility is May 2023 . There were no borrowings and no material outstanding standby letters of credit under the Facility as of May 5, 2018 . We maintain multiple agreements with third parties that make unsecured revolving credit facilities available for our operations in foreign locations (the “Foreign Facilities”). These Foreign Facilities are uncommitted and are generally available for borrowings, overdraft borrowings, and the issuance of bank guarantees. The total capacity of the Foreign Facilities was $49 million as of May 5, 2018 . As of May 5, 2018 , there were no borrowings under the Foreign Facilities. There were $16 million in bank guarantees issued and outstanding primarily related to store leases under the Foreign Facilities as of May 5, 2018 . We have bilateral unsecured standby letter of credit agreements that are uncommitted and do not have expiration dates. As of May 5, 2018 , we had $13 million in standby letters of credit issued under these agreements.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	May 05, 2018
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements There were no purchases, sales, issuances, or settlements related to recurring level 3 measurements during the thirteen weeks ended May 5, 2018 or April 29, 2017 . There were no transfers of financial assets or liabilities into or out of level 1 and level 2 during the thirteen weeks ended May 5, 2018 or April 29, 2017 . Financial Assets and Liabilities Financial assets and liabilities measured at fair value on a recurring basis and cash equivalents are as follows: Fair Value Measurements at Reporting Date Using ($ in millions) May 5, 2018 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Cash equivalents $ 642 $ 28 $ 614 $ — Short-term investments 164 57 107 — Derivative financial instruments 26 — 26 — Deferred compensation plan assets 51 51 — — Total $ 883 $ 136 $ 747 $ — Liabilities: Derivative financial instruments $ 15 $ — $ 15 $ — Fair Value Measurements at Reporting Date Using ($ in millions) February 3, 2018 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Cash equivalents $ 527 $ 37 $ 490 $ — Derivative financial instruments 14 — 14 — Deferred compensation plan assets 47 47 — — Total $ 588 $ 84 $ 504 $ — Liabilities: Derivative financial instruments $ 43 $ — $ 43 $ — Fair Value Measurements at Reporting Date Using ($ in millions) April 29, 2017 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Cash equivalents $ 579 $ 102 $ 477 $ — Derivative financial instruments 49 — 49 — Deferred compensation plan assets 44 44 — — Total $ 672 $ 146 $ 526 $ — Liabilities: Derivative financial instruments $ 19 $ — $ 19 $ — We have highly liquid investments classified as cash equivalents, which are placed primarily in time deposits and money market funds. With the exception of our available-for-sale investments noted below, we value these investments at their original purchase prices plus interest that has accrued at the stated rate. Our available-for-sale securities are comprised of investments in debt securities. These securities are recorded at fair value using market prices. As of May 5, 2018 , the Company held $164 million of available-for-sale securities with maturity dates greater than three months and less than two years within short-term investments on the Condensed Consolidated Balance Sheets. In addition, as of May 5, 2018 , the Company held $35 million of available-for-sale debt securities with maturities of less than three months at the time of purchase within cash and cash equivalents on the Condensed Consolidated Balance Sheets. Unrealized gains or losses on available-for-sale debt securities included in accumulated other comprehensive income were immaterial as of May 5, 2018 . The Company regularly reviews its available-for-sale debt securities for other-than-temporary impairment. For the thirteen weeks ended May 5, 2018 , the Company did not consider any of its securities to be other-than-temporarily impaired and, accordingly, did not recognize any impairment loss. Derivative financial instruments primarily include foreign exchange forward contracts. The currencies hedged against changes in the U.S. dollar are Canadian dollars, Japanese yen, British pounds, Euro, Mexican pesos, Chinese yuan, and Taiwan dollars. The fair value of the Company’s derivative financial instruments is determined using pricing models based on current market rates. Derivative financial instruments in an asset position are recorded in other current assets or other long-term assets on the Condensed Consolidated Balance Sheets. Derivative financial instruments in a liability position are recorded in accrued expenses and other current liabilities or lease incentives and other long-term liabilities on the Condensed Consolidated Balance Sheets. We maintain the Gap Inc. Deferred Compensation Plan (“DCP”), which allows eligible employees and non-employee directors to defer base compensation up to a maximum percentage. Plan investments are directed by participants and are recorded at market value and designated for the DCP. The fair value of the Company’s DCP assets is determined based on quoted market prices, and the assets are recorded in other long-term assets on the Condensed Consolidated Balance Sheets. Nonfinancial Assets We review the carrying amount of long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. The fair value of the long-lived assets is determined using level 3 inputs and based on discounted future cash flows of the asset or asset group using a discount rate commensurate with the risk. The asset group is defined as the lowest level for which identifiable cash flows are available and largely independent of the cash flows of other groups of assets, which for our retail stores is primarily at the store level. There were no material impairment charges recorded for long-lived assets for the thirteen weeks ended May 5, 2018 and April 29, 2017 . We review the carrying amount of goodwill and other indefinite-lived intangible assets for impairment annually and whenever events or changes in circumstances indicate that it is more likely than not that the carrying amount may not be recoverable. There were no impairment charges recorded for goodwill or other indefinite-lived intangible assets for the thirteen weeks ended May 5, 2018 or April 29, 2017 .

Derivative Financial Instrument

Derivative Financial Instruments	3 Months Ended
	May 05, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	Derivative Financial Instruments We operate in foreign countries, which exposes us to market risk associated with foreign currency exchange rate fluctuations. We use derivative financial instruments to manage our exposure to foreign currency exchange rate risk and do not enter into derivative financial contracts for trading purposes. Consistent with our risk management guidelines, we hedge a portion of our transactions related to merchandise purchases for foreign operations and certain intercompany transactions using foreign exchange forward contracts. These contracts are entered into with large, reputable financial institutions that are monitored for counterparty risk. The currencies hedged against changes in the U.S. dollar are Canadian dollars, Japanese yen, British pounds, Euro, Mexican pesos, Chinese yuan, and Taiwan dollars. Cash flows from derivative financial instruments are classified as cash flows from operating activities in the Condensed Consolidated Statements of Cash Flows. Cash Flow Hedges We designate the following foreign exchange forward contracts as cash flow hedges: (1) forward contracts used to hedge forecasted merchandise purchases and related costs denominated in U.S. dollars made by our international subsidiaries whose functional currencies are their local currencies; (2) forward contracts used to hedge forecasted intercompany royalty payments denominated in foreign currencies received by entities whose functional currencies are U.S. dollars; and (3) forward contracts used to hedge forecasted intercompany revenue transactions related to merchandise sold from our regional purchasing entity, whose functional currency is the U.S. dollar, to certain international subsidiaries in their local currencies. The foreign exchange forward contracts entered into to hedge forecasted merchandise purchases and related costs, intercompany royalty payments, and intercompany revenue transactions generally have terms of up to 24 months. The effective portion of the gain or loss on the derivative financial instruments is reported as a component of other comprehensive income and is recognized in income in the period in which the underlying transaction impacts the Condensed Consolidated Statements of Income. Net Investment Hedges We may also use foreign exchange forward contracts to hedge the net assets of international subsidiaries to offset the foreign currency translation and economic exposures related to our investment in the subsidiaries. Other Derivatives Not Designated as Hedging Instruments We use foreign exchange forward contracts to hedge our market risk exposure associated with foreign currency exchange rate fluctuations for certain intercompany balances denominated in currencies other than the functional currency of the entity with the intercompany balance. The gain or loss on the derivative financial instruments that represent economic hedges, as well as the remeasurement impact of the underlying intercompany balances, is recorded in operating expenses in the Condensed Consolidated Statements of Income in the same period and generally offset. Outstanding Notional Amounts We had foreign exchange forward contracts outstanding in the following notional amounts: ($ in millions) May 5, February 3, April 29, Derivatives designated as cash flow hedges $ 865 $ 745 $ 920 Derivatives designated as net investment hedges — — 31 Derivatives not designated as hedging instruments 647 577 610 Total $ 1,512 $ 1,322 $ 1,561 Quantitative Disclosures about Derivative Financial Instruments The fair values of foreign exchange forward contracts are as follows: ($ in millions) May 5, February 3, April 29, Derivatives designated as cash flow hedges: Other current assets $ 12 $ 11 $ 31 Other long-term assets $ 3 $ — $ 11 Accrued expenses and other current liabilities $ 12 $ 32 $ 9 Lease incentives and other long-term liabilities $ — $ — $ — Derivatives designated as net investment hedges: Other current assets $ — $ — $ 1 Other long-term assets $ — $ — $ — Accrued expenses and other current liabilities $ — $ — $ — Lease incentives and other long-term liabilities $ — $ — $ — Derivatives not designated as hedging instruments: Other current assets $ 11 $ 3 $ 6 Other long-term assets $ — $ — $ — Accrued expenses and other current liabilities $ 3 $ 11 $ 10 Lease incentives and other long-term liabilities $ — $ — $ — Total derivatives in an asset position $ 26 $ 14 $ 49 Total derivatives in a liability position $ 15 $ 43 $ 19 The majority of the unrealized gains and losses from designated cash flow hedges as of May 5, 2018 will be recognized in income within the next 12 months at the then-current values, which may differ from the fair values as of May 5, 2018 shown above. Our foreign exchange forward contracts are subject to master netting arrangements with each of our counterparties and such arrangements are enforceable in the event of default or early termination of the contract. We do not elect to offset the fair values of our derivative financial instruments on the Condensed Consolidated Balance Sheets, and as such, the fair values shown above represent gross amounts. The amounts subject to enforceable master netting arrangements are $8 million , $1 million , and $13 million as of May 5, 2018 , February 3, 2018 , and April 29, 2017 , respectively. If we did elect to offset, the net amounts of our derivative financial instruments in an asset position would be $18 million , $13 million , and $36 million and the net amounts of the derivative financial instruments in a liability position would be $7 million , $42 million , and $6 million as of May 5, 2018 , February 3, 2018 and April 29, 2017 , respectively. See Note 4 of Notes to Condensed Consolidated Financial Statements for disclosures on the fair value measurements of our derivative financial instruments. The effective portion of gains and losses on foreign exchange forward contracts in cash flow hedging and net investment hedging relationships recorded in other comprehensive income and the Condensed Consolidated Statements of Income, on a pre-tax basis, are as follows: 13 Weeks Ended ($ in millions) May 5, April 29, Derivatives in cash flow hedging relationships: Gain recognized in other comprehensive income $ 22 $ 4 Gain reclassified into cost of goods sold and occupancy expenses $ 3 $ 6 Gain (loss) reclassified into operating expenses $ — $ — Derivatives in net investment hedging relationships: Gain recognized in other comprehensive income $ — $ 1 For the thirteen weeks ended May 5, 2018 and April 29, 2017 , there were no amounts of gains or losses reclassified from accumulated other comprehensive income into net income for derivative financial instruments in net investment hedging relationships, as we did not sell or liquidate (or substantially liquidate) any of our hedged subsidiaries during the periods. Gains and losses on foreign exchange forward contracts not designated as hedging instruments recorded in the Condensed Consolidated Statements of Income, on a pre-tax basis, are as follows: 13 Weeks Ended ($ in millions) May 5, April 29, Gain (loss) recognized in operating expenses $ 12 $ (12 )

Share Repurchases

Share Repurchases	3 Months Ended
	May 05, 2018
Disclosure Share Repurchase Activity [Abstract]
Share Repurchases	Share Repurchases Share repurchase activity is as follows: 13 Weeks Ended ($ and shares in millions except average per share cost) May 5, April 29, Number of shares repurchased (1) 3.2 4.2 Total cost $ 100 $ 100 Average per share cost including commissions $ 31.22 $ 24.07 __________ (1) Excludes shares withheld to settle employee statutory tax withholding related to the vesting of stock units. In February 2016, the Board of Directors approved a $1.0 billion share repurchase authorization, of which $585 million was remaining as of May 5, 2018 . All of the share repurchases were paid for as of May 5, 2018 . All except $4 million of the total share repurchases were paid for as of April 29, 2017 . The $4 million of the share repurchases that settled subsequent to April 29, 2017 are included in accrued expenses and other current liabilities on the Condensed Consolidated Balance Sheet as of April 29, 2017 . All common stock repurchased is immediately retired.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	3 Months Ended
	May 05, 2018
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Accumulated Other Comprehensive Income	Accumulated Other Comprehensive Income Changes in accumulated other comprehensive income by component, net of tax, are as follows: ($ in millions) Foreign Currency Translation Cash Flow Hedges Total Balance at February 3, 2018 $ 64 $ (28 ) $ 36 13 Weeks Ended May 5, 2018: Foreign currency translation and other, net (7 ) — (7 ) Change in fair value of derivative financial instruments — 28 28 Amounts reclassified from accumulated other comprehensive income — (6 ) (6 ) Other comprehensive income (loss), net of tax (7 ) 22 15 Balance at May 5, 2018 $ 57 $ (6 ) $ 51 ($ in millions) Foreign Currency Translation Cash Flow Hedges Total Balance at January 28, 2017 $ 29 $ 25 $ 54 13 Weeks Ended April 29, 2017: Foreign currency translation and other, net (4 ) — (4 ) Change in fair value of derivative financial instruments — — — Amounts reclassified from accumulated other comprehensive income — (4 ) (4 ) Other comprehensive loss, net of tax (4 ) (4 ) (8 ) Balance at April 29, 2017 $ 25 $ 21 $ 46 See Note 5 of Notes to Condensed Consolidated Financial Statements for additional disclosures about reclassifications out of accumulated other comprehensive income and their corresponding effects on the respective line items in the Condensed Consolidated Statements of Income.

Share-Based Compensation

Share-Based Compensation	3 Months Ended
	May 05, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-Based Compensation	Share-Based Compensation Share-based compensation expense recognized in the Condensed Consolidated Statements of Income, primarily in operating expenses, is as follows: 13 Weeks Ended ($ in millions) May 5, April 29, Stock units $ 16 $ 16 Stock options 4 3 Employee stock purchase plan 1 1 Share-based compensation expense 21 20 Less: Income tax benefit (5 ) (8 ) Share-based compensation expense, net of tax $ 16 $ 12 Beginning in the first quarter of fiscal 2017, we account for forfeitures as they occur, rather than estimate expected forfeitures, when recognizing share-based compensation expense. The cumulative-effect adjustment of this change was recognized as a $3 million increase, net of tax, to retained earnings as of the beginning of fiscal 2017.

Income Taxes

Income Taxes	3 Months Ended
	May 05, 2018
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The effective income tax rate was 25.1 percent for the thirteen weeks ended May 5, 2018 , compared with 39.9 percent for the thirteen weeks ended April 29, 2017. The decrease in the effective tax rate was primarily due to the reduction in the U.S. federal statutory tax rate from 35 percent to 21 percent , enacted as part of the Tax Cuts and Jobs Act of 2017 (the “TCJA”). On December 22, 2017, the Securities and Exchange Commission (“SEC”) issued SEC Staff Accounting Bulletin (“SAB”) No. 118 to address the application of FASB ASC Topic 740, Income Taxes, in reporting periods that include December 22, 2017. SAB No. 118, codified under ASU 2018-05 in March 2018, permits organizations to report provisional amounts during a measurement period for the specific income tax effects of the TCJA for which the accounting under ASC Topic 740 will be incomplete but a reasonable estimate can be determined. The measurement period ends when an organization has obtained, prepared and analyzed the information needed to complete the accounting requirements under ASC Topic 740, not to extend beyond one year from the enactment date of the TCJA. During the fourteen weeks ended February 3, 2018, we recorded an estimated net charge of $57 million for the effects of the enactment of TCJA, primarily due to the impact of the one-time transition tax on the deemed repatriation of foreign income and the impact of TCJA on deferred tax assets and liabilities. During the thirteen weeks ended May 5, 2018 , we have not made any measurement period adjustments related to our provisional estimated net charge of $57 million and we will continue to evaluate the TCJA, collect and prepare necessary data, and interpret additional guidance issued by the U.S. Treasury Department and Internal Revenue Service (“IRS”). In accordance with SAB No. 118, we will complete our accounting for the tax effects of the TCJA during fiscal 2018 and adjustments to our provisional estimated net charge may materially impact our provision for income taxes and effective tax rate in the period in which the adjustments are made. The TCJA includes a provision to tax global intangible low-taxed income (“GILTI”) of foreign subsidiaries, a base erosion anti-abuse tax (“BEAT”) measure that taxes certain payments between a U.S. corporation and its subsidiaries and favorable tax treatment for certain Foreign Derived Intangible Income (“FDII”), effective at the beginning fiscal 2018. Our provisional estimates for GILTI, BEAT and FDII do not materially impact our effective income tax rate for the thirteen weeks ended May 5, 2018 . The Company conducts business globally, and as a result, files income tax returns in the U.S. federal jurisdiction and various state and foreign jurisdictions. In the normal course of business, we are subject to examination by taxing authorities throughout the world, including such major jurisdictions as the United States, Canada, France, the United Kingdom, China, Hong Kong, Japan, and India. We are no longer subject to U.S. federal income tax examinations for fiscal years before 2009, and with few exceptions, we are also no longer subject to U.S. state, local, or non-U.S. income tax examinations for fiscal years before 2008. The Company is in continual discussions with taxing authorities regarding tax matters in the various U.S. and foreign jurisdictions in the normal course of business. As of May 5, 2018 , it is reasonably possible that we will recognize a decrease in gross unrecognized tax benefits within the next 12 months of up to $2 million , primarily due to the closing of audits. If we do recognize such a decrease, the net impact on the Condensed Consolidated Statements of Income would not be material.

Earnings Per Share

Earnings Per Share	3 Months Ended
	May 05, 2018
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share Weighted-average number of shares used for earnings per share is as follows: 13 Weeks Ended (shares in millions) May 5, April 29, Weighted-average number of shares - basic 389 399 Common stock equivalents 4 1 Weighted-average number of shares - diluted 393 400 The above computations of weighted-average number of shares – diluted exclude 5 million and 9 million shares related to stock options and other stock awards for the thirteen weeks ended May 5, 2018 and April 29, 2017 , respectively, as their inclusion would have an anti-dilutive effect on earnings per share.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	May 05, 2018
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies We are a party to a variety of contractual agreements under which we may be obligated to indemnify the other party for certain matters. These contracts primarily relate to our commercial contracts, operating leases, trademarks, intellectual property, financial agreements, and various other agreements. Under these contracts, we may provide certain routine indemnifications relating to representations and warranties (e.g., ownership of assets, environmental or tax indemnifications), or personal injury matters. The terms of these indemnifications range in duration and may not be explicitly defined. Generally, the maximum obligation under such indemnifications is not explicitly stated, and as a result, the overall amount of these obligations cannot be reasonably estimated. Historically, we have not made significant payments for these indemnifications. We believe that if we were to incur a loss in any of these matters, the loss would not have a material effect on our Condensed Consolidated Financial Statements taken as a whole. As a multinational company, we are subject to various proceedings, lawsuits, disputes, and claims (“Actions”) arising in the ordinary course of our business. Many of these Actions raise complex factual and legal issues and are subject to uncertainties. As of May 5, 2018 , Actions filed against us included commercial, intellectual property, customer, employment, and data privacy claims, including class action lawsuits. The plaintiffs in some Actions seek unspecified damages or injunctive relief, or both. Actions are in various procedural stages and some are covered in part by insurance. As of May 5, 2018 , February 3, 2018 , and April 29, 2017 , we recorded a liability for an estimated loss if the outcome of an Action is expected to result in a loss that is considered probable and reasonably estimable. The liability recorded as of May 5, 2018 , February 3, 2018 , and April 29, 2017 was not material for any individual Action or in total. Subsequent to May 5, 2018 and through the filing date of this Quarterly Report on Form 10-Q, no information has become available that indicates a change is required that would be material to our Condensed Consolidated Financial Statements taken as a whole. We cannot predict with assurance the outcome of Actions brought against us. Accordingly, developments, settlements, or resolutions may occur and impact income in the quarter of such development, settlement, or resolution. However, we do not believe that the outcome of any current Action would have a material effect on our Condensed Consolidated Financial Statements taken as a whole. Fire at the Fishkill Distribution Center On August 29, 2016, a fire occurred in one of the buildings at a Company-owned distribution center campus in Fishkill, New York. The Company maintains property and business interruption insurance coverage and, based on the provisions of the Company’s insurance policies, the Company recorded insurance recoveries based on the determination that recovery of certain fire-related costs is probable. In January 2018, the Company agreed upon a final settlement with its insurers. During the thirteen weeks ended April 29, 2017 , we allocated $14 million of advance payments of insurance proceeds to the loss on property and equipment based on the current estimate of recovery of certain fire-related costs, and the amount has been reported as insurance proceeds allocated to loss on property and equipment, a component of cash flows from investing activities, in the Condensed Consolidated Statement of Cash Flows.

Segment Information

Segment Information	3 Months Ended
	May 05, 2018
Segment Reporting [Abstract]
Segment Information	Segment Information The Gap, Inc. is a global retailer that sells apparel, accessories, and personal care products under the Old Navy, Gap, Banana Republic, Athleta, and Intermix brands. We identify our operating segments according to how our business activities are managed and evaluated. As of May 5, 2018 , our operating segments included Old Navy Global, Gap Global, Banana Republic Global, Athleta, and Intermix. We have determined that each of our operating segments share similar economic and other qualitative characteristics, and therefore the results of our operating segments are aggregated into one reportable segment as of May 5, 2018 . Net sales by brand and region are as follows: ($ in millions) Old Navy Global Gap Global Banana Republic Global Other (3) Total Percentage of Net Sales 13 Weeks Ended May 5, 2018 (1) U.S. (2) $ 1,590 $ 680 $ 479 $ 269 $ 3,018 80 % Canada 127 77 50 1 255 7 Europe — 135 4 — 139 4 Asia 12 284 25 — 321 8 Other regions 16 28 6 — 50 1 Total $ 1,745 $ 1,204 $ 564 $ 270 $ 3,783 100 % ($ in millions) Old Navy Global Gap Global Banana Republic Global Other (3) Total Percentage of Net Sales 13 Weeks Ended April 29, 2017 (1) U.S. (2) $ 1,426 $ 668 $ 437 $ 202 $ 2,733 79 % Canada 111 77 45 1 234 7 Europe — 133 4 — 137 4 Asia 9 250 24 — 283 8 Other regions 16 30 7 — 53 2 Total $ 1,562 $ 1,158 $ 517 $ 203 $ 3,440 100 % __________ (1) Net sales for the 13 weeks ended May 5, 2018 reflect the adoption of the new revenue recognition standard and the favorable impact of the calendar shift due to the 53rd week in fiscal 2017. Prior period amounts have not been restated due to adoption of the new revenue standard and continue to be reported under accounting standards in effect for those periods. (2) U.S. includes the United States, Puerto Rico, and Guam. (3) Primarily consists of revenue for the Athleta and Intermix brands. Net sales by region are allocated based on the location of the store where the customer paid for and received the merchandise or the distribution center or store from which the products were shipped.

Debt and Credit Facilities Long

Debt and Credit Facilities Long Term Debt (Tables)	3 Months Ended
	May 05, 2018
Debt Disclosure [Abstract]
Long Term Debt	Long-term debt consists of the following: ($ in millions) May 5, February 3, April 29, Notes $ 1,249 $ 1,249 $ 1,248 Japan Term Loan — — 67 Total debt 1,249 1,249 1,315 Less: Current portion of Japan Term Loan — — (67 ) Total long-term debt $ 1,249 $ 1,249 $ 1,248

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	May 05, 2018
Fair Value Disclosures [Abstract]
Financial Assets And Liabilities Measured At Fair Value On Recurring Basis	Financial assets and liabilities measured at fair value on a recurring basis and cash equivalents are as follows: Fair Value Measurements at Reporting Date Using ($ in millions) May 5, 2018 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Cash equivalents $ 642 $ 28 $ 614 $ — Short-term investments 164 57 107 — Derivative financial instruments 26 — 26 — Deferred compensation plan assets 51 51 — — Total $ 883 $ 136 $ 747 $ — Liabilities: Derivative financial instruments $ 15 $ — $ 15 $ — Fair Value Measurements at Reporting Date Using ($ in millions) February 3, 2018 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Cash equivalents $ 527 $ 37 $ 490 $ — Derivative financial instruments 14 — 14 — Deferred compensation plan assets 47 47 — — Total $ 588 $ 84 $ 504 $ — Liabilities: Derivative financial instruments $ 43 $ — $ 43 $ — Fair Value Measurements at Reporting Date Using ($ in millions) April 29, 2017 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Cash equivalents $ 579 $ 102 $ 477 $ — Derivative financial instruments 49 — 49 — Deferred compensation plan assets 44 44 — — Total $ 672 $ 146 $ 526 $ — Liabilities: Derivative financial instruments $ 19 $ — $ 19 $ —

Derivative Financial Instrume22

Derivative Financial Instruments (Tables)	3 Months Ended
	May 05, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Foreign Exchange Forward Contracts Outstanding	We had foreign exchange forward contracts outstanding in the following notional amounts: ($ in millions) May 5, February 3, April 29, Derivatives designated as cash flow hedges $ 865 $ 745 $ 920 Derivatives designated as net investment hedges — — 31 Derivatives not designated as hedging instruments 647 577 610 Total $ 1,512 $ 1,322 $ 1,561
Fair Values of Asset and Liability Derivative Financial Instruments	The fair values of foreign exchange forward contracts are as follows: ($ in millions) May 5, February 3, April 29, Derivatives designated as cash flow hedges: Other current assets $ 12 $ 11 $ 31 Other long-term assets $ 3 $ — $ 11 Accrued expenses and other current liabilities $ 12 $ 32 $ 9 Lease incentives and other long-term liabilities $ — $ — $ — Derivatives designated as net investment hedges: Other current assets $ — $ — $ 1 Other long-term assets $ — $ — $ — Accrued expenses and other current liabilities $ — $ — $ — Lease incentives and other long-term liabilities $ — $ — $ — Derivatives not designated as hedging instruments: Other current assets $ 11 $ 3 $ 6 Other long-term assets $ — $ — $ — Accrued expenses and other current liabilities $ 3 $ 11 $ 10 Lease incentives and other long-term liabilities $ — $ — $ — Total derivatives in an asset position $ 26 $ 14 $ 49 Total derivatives in a liability position $ 15 $ 43 $ 19
Effects of Derivative Financial Instruments on OCI and Condensed Consolidated Statements of Income	The effective portion of gains and losses on foreign exchange forward contracts in cash flow hedging and net investment hedging relationships recorded in other comprehensive income and the Condensed Consolidated Statements of Income, on a pre-tax basis, are as follows: 13 Weeks Ended ($ in millions) May 5, April 29, Derivatives in cash flow hedging relationships: Gain recognized in other comprehensive income $ 22 $ 4 Gain reclassified into cost of goods sold and occupancy expenses $ 3 $ 6 Gain (loss) reclassified into operating expenses $ — $ — Derivatives in net investment hedging relationships: Gain recognized in other comprehensive income $ — $ 1
Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]	Gains and losses on foreign exchange forward contracts not designated as hedging instruments recorded in the Condensed Consolidated Statements of Income, on a pre-tax basis, are as follows: 13 Weeks Ended ($ in millions) May 5, April 29, Gain (loss) recognized in operating expenses $ 12 $ (12 )

Share Repurchases (Tables)

Share Repurchases (Tables)	3 Months Ended
	May 05, 2018
Disclosure Share Repurchase Activity [Abstract]
Share Repurchase Activity	Share repurchase activity is as follows: 13 Weeks Ended ($ and shares in millions except average per share cost) May 5, April 29, Number of shares repurchased (1) 3.2 4.2 Total cost $ 100 $ 100 Average per share cost including commissions $ 31.22 $ 24.07 __________ (1) Excludes shares withheld to settle employee statutory tax withholding related to the vesting of stock units.

Accumulated Other Comprehensi24

Accumulated Other Comprehensive Income (Tables)	3 Months Ended
	May 05, 2018
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Changes in Accumulated Other Comprehensive Income by Component	Changes in accumulated other comprehensive income by component, net of tax, are as follows: ($ in millions) Foreign Currency Translation Cash Flow Hedges Total Balance at February 3, 2018 $ 64 $ (28 ) $ 36 13 Weeks Ended May 5, 2018: Foreign currency translation and other, net (7 ) — (7 ) Change in fair value of derivative financial instruments — 28 28 Amounts reclassified from accumulated other comprehensive income — (6 ) (6 ) Other comprehensive income (loss), net of tax (7 ) 22 15 Balance at May 5, 2018 $ 57 $ (6 ) $ 51 ($ in millions) Foreign Currency Translation Cash Flow Hedges Total Balance at January 28, 2017 $ 29 $ 25 $ 54 13 Weeks Ended April 29, 2017: Foreign currency translation and other, net (4 ) — (4 ) Change in fair value of derivative financial instruments — — — Amounts reclassified from accumulated other comprehensive income — (4 ) (4 ) Other comprehensive loss, net of tax (4 ) (4 ) (8 ) Balance at April 29, 2017 $ 25 $ 21 $ 46

Share-Based Compensation (Table

Share-Based Compensation (Tables)	3 Months Ended
	May 05, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-Based Compensation Expense	Share-based compensation expense recognized in the Condensed Consolidated Statements of Income, primarily in operating expenses, is as follows: 13 Weeks Ended ($ in millions) May 5, April 29, Stock units $ 16 $ 16 Stock options 4 3 Employee stock purchase plan 1 1 Share-based compensation expense 21 20 Less: Income tax benefit (5 ) (8 ) Share-based compensation expense, net of tax $ 16 $ 12

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	May 05, 2018
Earnings Per Share [Abstract]
Weighted-Average Number of Shares	Weighted-average number of shares used for earnings per share is as follows: 13 Weeks Ended (shares in millions) May 5, April 29, Weighted-average number of shares - basic 389 399 Common stock equivalents 4 1 Weighted-average number of shares - diluted 393 400

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	May 05, 2018
Segment Reporting [Abstract]
Net Sales by Brand and Region	Net sales by brand and region are as follows: ($ in millions) Old Navy Global Gap Global Banana Republic Global Other (3) Total Percentage of Net Sales 13 Weeks Ended May 5, 2018 (1) U.S. (2) $ 1,590 $ 680 $ 479 $ 269 $ 3,018 80 % Canada 127 77 50 1 255 7 Europe — 135 4 — 139 4 Asia 12 284 25 — 321 8 Other regions 16 28 6 — 50 1 Total $ 1,745 $ 1,204 $ 564 $ 270 $ 3,783 100 % ($ in millions) Old Navy Global Gap Global Banana Republic Global Other (3) Total Percentage of Net Sales 13 Weeks Ended April 29, 2017 (1) U.S. (2) $ 1,426 $ 668 $ 437 $ 202 $ 2,733 79 % Canada 111 77 45 1 234 7 Europe — 133 4 — 137 4 Asia 9 250 24 — 283 8 Other regions 16 30 7 — 53 2 Total $ 1,562 $ 1,158 $ 517 $ 203 $ 3,440 100 % __________ (1) Net sales for the 13 weeks ended May 5, 2018 reflect the adoption of the new revenue recognition standard and the favorable impact of the calendar shift due to the 53rd week in fiscal 2017. Prior period amounts have not been restated due to adoption of the new revenue standard and continue to be reported under accounting standards in effect for those periods. (2) U.S. includes the United States, Puerto Rico, and Guam. (3) Primarily consists of revenue for the Athleta and Intermix brands.

Recent Accounting Pronouncement

Recent Accounting Pronouncements - Additional Information (Details) - USD ($) $ in Millions		3 Months Ended
		May 05, 2018	Apr. 29, 2017	Feb. 03, 2018	Jan. 28, 2017
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Net sales	[1]	$ 3,783	$ 3,440
Cash and cash equivalents		1,210	1,583	$ 1,783
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents end of period		1,229	1,600	1,799	$ 1,797
Cost of goods sold and occupancy expenses		2,356	2,137
Gross Profit		1,427	1,303
Operating Expenses		1,198	1,049
Operating Income (Loss)		229	254
Interest Expense		16	19
Investment Income, Interest		(6)	(3)
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest		219	238
Income taxes		55	95
Net income		164	143
Cumulative Effect of New Accounting Principle in Period of Adoption			3
Contract with Customer Liabilities for Franchise Agreements		$ 0
Percent of the remainder of deferred revenues as of quarter end that is expected to be recognized during the fiscal year		70.00%
Accrued expenses and other current liabilities		$ 975	1,088	1,270
Income from Revenue Sharing from Credit Card Programs		92
Loyalty program discount reimbursements		44
Other current assets		778	575	788
Accounting Standards Update 2014-09 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cumulative Effect of New Accounting Principle in Period of Adoption		36
Contract with Customer, Liability		201		232
Contract with Customer, Liability, Revenue Recognized		97
Customer Refund Liability, Current		93
Other current assets		38
Accounting Standards Update 2016-18 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cash and cash equivalents		1,210	1,583	1,783
Restricted Cash, Current		1	1	1
Restricted Cash, Noncurrent		18	16	15
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents end of period		1,229	$ 1,600	$ 1,799
Calculated under Revenue Guidance in Effect before Topic 606 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Net sales		3,642
Cost of goods sold and occupancy expenses		2,306
Gross Profit		1,336
Operating Expenses		1,106
Operating Income (Loss)		230
Interest Expense		16
Investment Income, Interest		(6)
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest		220
Income taxes		55
Net income		165
Sales return allowance		53
Difference between Revenue Guidance in Effect before and after Topic 606 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Net sales		(141)
Cost of goods sold and occupancy expenses		(50)
Gross Profit		(91)
Operating Expenses		(92)
Operating Income (Loss)		1
Interest Expense		0
Investment Income, Interest		0
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest		1
Income taxes		0
Net income		1
Accrued expenses and other current liabilities		40
Right of return asset		$ 38
[1]	(1)Net sales for the 13 weeks ended May 5, 2018 reflect the adoption of the new revenue recognition standard and the favorable impact of the calendar shift due to the 53rd week in fiscal 2017. Prior period amounts have not been restated due to adoption of the new revenue standard and continue to be reported under accounting standards in effect for those periods.

Debt and Credit Facilities Lo29

Debt and Credit Facilities Long Term Debt (Details) - USD ($) $ in Millions	May 05, 2018	Feb. 03, 2018	Apr. 29, 2017
Debt Instrument [Line Items]
Notes	$ 1,249	$ 1,249	$ 1,248
Japan Term Loan	0	0	67
Total debt	1,249	1,249	1,315
Less: Current portion of Japan Term Loan	0	0	(67)
Total long-term debt	$ 1,249	$ 1,249	$ 1,248

Debt and Credit Facilities - Ad

Debt and Credit Facilities - Additional Information (Details) $ in Millions, ¥ in Billions	3 Months Ended		12 Months Ended
	May 05, 2018USD ($)	Feb. 03, 2018JPY (¥)	Feb. 03, 2018JPY (¥)	Feb. 03, 2018USD ($)	Apr. 29, 2017USD ($)
5.95 Percent Notes Due April 2021
Debt Instrument [Line Items]
Aggregate principal amount of notes issued	$ 1,250
Notes, interest rate	5.95%
Estimated fair value	$ 1,310			$ 1,330	$ 1,350
Notes, maturity date	Apr. 12, 2021
Japan Term Loan [Member]
Debt Instrument [Line Items]
Aggregate principal amount of notes issued | ¥		¥ 15	¥ 15
Estimated fair value	$ 0			$ 0	$ 67
Debt Instrument, Term			4 years
Long-term Debt, Maturities, Repayments of Principal in Next Twelve Months | ¥		7.5	¥ 7.5
Debt Instrument, Annual Principal Payment | ¥		¥ 2.5	¥ 2.5
Notes, maturity date		Jan. 15, 2018
Foreign Facilities [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity	49
Borrowings	0
Bank guarantees related to store leases	16
Standby Letters of Credit [Member]
Debt Instrument [Line Items]
Unsecured committed letter of credit amount	$ 13
Five-Year Unsecured Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Debt Instrument, Term	5 years
Maximum borrowing capacity	$ 500
Unsecured committed letter of credit amount	0
Borrowings	$ 0
Expiration date	May 1, 2023

Fair Value Measurements - Finan

Fair Value Measurements - Financial Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Millions	May 05, 2018	Feb. 03, 2018	Apr. 29, 2017
Assets:
Cash equivalents	$ 642	$ 527	$ 579
Investments, Fair Value Disclosure	164
Derivative financial instruments	26	14	49
Deferred compensation plan assets	51	47	44
Total	883	588	672
Liabilities:
Derivative financial instruments	15	43	19
Fair Value, Inputs, Level 1 [Member]
Assets:
Cash equivalents	28	37	102
Investments, Fair Value Disclosure	57
Derivative financial instruments	0	0	0
Deferred compensation plan assets	51	47	44
Total	136	84	146
Liabilities:
Derivative financial instruments	0	0	0
Fair Value, Inputs, Level 2 [Member]
Assets:
Cash equivalents	614	490	477
Investments, Fair Value Disclosure	107
Derivative financial instruments	26	14	49
Deferred compensation plan assets	0	0	0
Total	747	504	526
Liabilities:
Derivative financial instruments	15	43	19
Fair Value, Inputs, Level 3 [Member]
Assets:
Cash equivalents	0	0	0
Investments, Fair Value Disclosure	0
Derivative financial instruments	0	0	0
Deferred compensation plan assets	0	0	0
Total	0	0	0
Liabilities:
Derivative financial instruments	$ 0	$ 0	$ 0

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Details) - USD ($)	3 Months Ended
	May 05, 2018	Apr. 29, 2017	Feb. 03, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other indefinite-lived intangible assets impairment charges	$ 0	$ 0
Goodwill impairment charges	0	0
Transfers into or out of level 2	0	0
Transfers into or out of level 1	0	0
Purchases, sales, issuances, or settlements related to recurring level 3 measurements	0	0
Impairment of Long-Lived Assets Held-for-use	0
Available-for-sale Securities, Current	164,000,000	$ 0	$ 0
Cash and Cash Equivalents, Fair Value Disclosure	$ 35,000,000

Derivative Financial Instrume33

Derivative Financial Instruments - Foreign Exchange Contracts Outstanding to Sell Various Currencies (Details) - USD ($) $ in Millions	May 05, 2018	Feb. 03, 2018	Apr. 29, 2017
Derivative [Line Items]
Derivative, Notional Amount	$ 1,512	$ 1,322	$ 1,561
Derivatives in cash flow hedging relationships
Derivative [Line Items]
Derivative, Notional Amount	865	745	920
Derivatives in net investment hedging relationships
Derivative [Line Items]
Derivative, Notional Amount	0	0	31
Not Designated as Hedging Instrument
Derivative [Line Items]
Derivative, Notional Amount	$ 647	$ 577	$ 610

Derivative Financial Instrume34

Derivative Financial Instruments - Fair Values of Asset and Liability Derivative Financial Instruments (Details) - USD ($) $ in Millions	May 05, 2018	Feb. 03, 2018	Apr. 29, 2017
Derivatives, Fair Value [Line Items]
Derivative financial instruments, assets	$ 26	$ 14	$ 49
Derivative financial instruments, liabilities	15	43	19
Foreign Exchange Forward Contract
Derivatives, Fair Value [Line Items]
Derivative financial instruments, assets	26	14	49
Derivative financial instruments, liabilities	15	43	19
Derivatives in cash flow hedging relationships | Foreign Exchange Forward Contract | Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative financial instruments, assets	12	11	31
Derivatives in cash flow hedging relationships | Foreign Exchange Forward Contract | Other Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative financial instruments, assets	3	0	11
Derivatives in cash flow hedging relationships | Foreign Exchange Forward Contract | Accrued Liabilities Current [Member]
Derivatives, Fair Value [Line Items]
Derivative financial instruments, liabilities	12	32	9
Derivatives in cash flow hedging relationships | Foreign Exchange Forward Contract | Lease Incentive And Other Long Term Liabilities [Member]
Derivatives, Fair Value [Line Items]
Derivative financial instruments, liabilities	0	0	0
Derivatives in net investment hedging relationships | Foreign Exchange Forward Contract | Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative financial instruments, assets	0	0	1
Derivatives in net investment hedging relationships | Foreign Exchange Forward Contract | Other Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative financial instruments, assets	0	0	0
Derivatives in net investment hedging relationships | Foreign Exchange Forward Contract | Accrued Liabilities Current [Member]
Derivatives, Fair Value [Line Items]
Derivative financial instruments, liabilities	0	0	0
Derivatives in net investment hedging relationships | Foreign Exchange Forward Contract | Lease Incentive And Other Long Term Liabilities [Member]
Derivatives, Fair Value [Line Items]
Derivative financial instruments, liabilities	0	0	0
Not Designated as Hedging Instrument | Foreign Exchange Forward Contract | Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative financial instruments, assets	11	3	6
Not Designated as Hedging Instrument | Foreign Exchange Forward Contract | Other Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative financial instruments, assets	0	0	0
Not Designated as Hedging Instrument | Foreign Exchange Forward Contract | Accrued Liabilities Current [Member]
Derivatives, Fair Value [Line Items]
Derivative financial instruments, liabilities	3	11	10
Not Designated as Hedging Instrument | Foreign Exchange Forward Contract | Lease Incentive And Other Long Term Liabilities [Member]
Derivatives, Fair Value [Line Items]
Derivative financial instruments, liabilities	$ 0	$ 0	$ 0

Derivative Financial Instrume35

Derivative Financial Instruments - Effects Of Derivative Financial Instruments On OCI And Condensed Consolidated Statements Of Income (Details) - USD ($) $ in Millions	3 Months Ended
	May 05, 2018	Apr. 29, 2017
Derivatives in net investment hedging relationships
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) reclassified from accumulated OCI into income, effective portion, net	$ 0	$ 0
Foreign Exchange Forward Contract | Derivatives in cash flow hedging relationships
Derivative Instruments, Gain (Loss) [Line Items]
Derivative instruments, gain (loss) recognized in OCI, effective portion, net	22	4
Foreign Exchange Forward Contract | Derivatives in net investment hedging relationships
Derivative Instruments, Gain (Loss) [Line Items]
Derivative instruments, gain (loss) recognized in OCI, effective portion, net	0	1
Foreign Exchange Forward Contract | Cost of Goods Sold and Occupancy Expense | Derivatives in cash flow hedging relationships
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) reclassified from accumulated OCI into income, effective portion, net	3	6
Foreign Exchange Forward Contract | Operating Expenses [Member] | Not Designated as Hedging Instrument
Derivative Instruments, Gain (Loss) [Line Items]
Amounts of gain (loss) recognized in income on derivatives	12	(12)
Foreign Exchange Forward Contract | Operating Expenses [Member] | Derivatives in cash flow hedging relationships
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) reclassified from accumulated OCI into income, effective portion, net	$ 0	$ 0

Derivative Financial Instrume36

Derivative Financial Instruments - Additional Information (Details) - USD ($) $ in Millions	May 05, 2018	Feb. 03, 2018	Apr. 29, 2017
Derivative [Line Items]
Amounts Subject to Enforceable Master Netting Arrangements	$ 8	$ 1	$ 13
Derivative assets, net of amount subject to master netting arrangement	18	13	36
Derivative liabilities, net of amount subject to master netting arrangement	$ 7	$ 42	$ 6

Share Repurchase Activity (Deta

Share Repurchase Activity (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions		3 Months Ended
		May 05, 2018	Apr. 29, 2017
Disclosure Share Repurchase Activity [Abstract]
Number of shares repurchased	[1]	3.2	4.2
Total cost		$ 100	$ 100
Average per share cost including commissions (in dollars per share)		$ 31.22	$ 24.07
[1]	Excludes shares withheld to settle employee statutory tax withholding related to the vesting of stock units.

Share Repurchases - Additional

Share Repurchases - Additional Information (Details) - USD ($) $ in Millions	May 05, 2018	Apr. 29, 2017	Feb. 25, 2016
Disclosure Share Repurchases Additional Information [Abstract]
Stock Repurchase Program, Authorized Amount			$ 1,000
Share repurchases, remaining amount	$ 585
Stock Repurchase Program Amount Not Paid	$ 0	$ 4

Accumulated Other Comprehensi39

Accumulated Other Comprehensive Income (Details) - USD ($) $ in Millions	3 Months Ended
	May 05, 2018	Apr. 29, 2017	Feb. 03, 2018	Jan. 28, 2017
Foreign currency translation and other, net	$ (7)	$ (4)
Change in fair value of derivative financial instruments	28	0
Amounts reclassified from accumulated other comprehensive income	(6)	(4)
Other comprehensive income (loss), net of tax	15	(8)
Accumulated Other Comprehensive Income (Loss), Net of Tax	51	46	$ 36	$ 54
Accumulated Translation Adjustment [Member]
Foreign currency translation and other, net	(7)	(4)
Change in fair value of derivative financial instruments	0	0
Amounts reclassified from accumulated other comprehensive income	0	0
Other comprehensive income (loss), net of tax	(7)	(4)
Accumulated Other Comprehensive Income (Loss), Net of Tax	57	25	64	29
Derivatives in cash flow hedging relationships
Foreign currency translation and other, net	0	0
Change in fair value of derivative financial instruments	28	0
Amounts reclassified from accumulated other comprehensive income	(6)	(4)
Other comprehensive income (loss), net of tax	22	(4)
Accumulated Other Comprehensive Income (Loss), Net of Tax	$ (6)	$ 21	$ (28)	$ 25

Share-Based Compensation Expens

Share-Based Compensation Expense (Details) - USD ($) $ in Millions	3 Months Ended
	May 05, 2018	Apr. 29, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Cumulative Effect of New Accounting Principle in Period of Adoption		$ 3
Share-based compensation expense	$ 21	20
Less: Income tax benefit	(5)	(8)
Share-based compensation expense, net of tax	16	12
Stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	16	16
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	4	3
Employee stock purchase plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 1	$ 1

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended			12 Months Ended
	May 05, 2018	Feb. 03, 2018	Apr. 29, 2017	Feb. 03, 2018
Income Tax Disclosure [Abstract]
Effective Income Tax Rate Reconciliation, Percent	25.10%		39.90%
Decrease In Gross Unrecognized Tax Benefits Within The Next 12 Months	$ 2
Benefit To Income Taxes If Decrease In Gross Unrecognized Tax Benefits Within 12 Months Are Recognized	$ 0
U.S. federal statutory tax rate				35.00%
U.S. Federal Statutory Tax Rate after Tax Cuts and Jobs Act	21.00%
Other Tax Expense (Benefit)		$ 57

Earnings Per Share - Weighted A

Earnings Per Share - Weighted Average Number of Shares (Details) - shares shares in Millions	3 Months Ended
	May 05, 2018	Apr. 29, 2017
Earnings Per Share [Abstract]
Weighted-average number of shares - basic (in shares)	389	399
Common stock equivalents (in shares)	4	1
Weighted-average number of shares - diluted (in shares)	393	400

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Details) - shares shares in Millions	3 Months Ended
	May 05, 2018	Apr. 29, 2017
Earnings Per Share [Abstract]
Shares excluded from the computations of weighted-average number of shares - diluted	5	9

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended
	May 05, 2018	Apr. 29, 2017	Feb. 03, 2018
Commitments and Contingencies [Line Items]
Loss Contingency, Estimate of Possible Loss	$ 0	$ 0	$ 0
Insurance proceeds related to loss on property and equipment	$ 0	$ 14

Segment Information - Net Sales

Segment Information - Net Sales by Brand and Region (Details) - USD ($) $ in Millions		3 Months Ended
		May 05, 2018	Apr. 29, 2017
Segment Reporting Information [Line Items]
Net sales	[1]	$ 3,783	$ 3,440
Percentage of Net Sales	[1]	100.00%	100.00%
U.S.
Segment Reporting Information [Line Items]
Net sales	[1],[2]	$ 3,018	$ 2,733
Percentage of Net Sales	[1],[2]	80.00%	79.00%
Canada
Segment Reporting Information [Line Items]
Net sales	[1]	$ 255	$ 234
Percentage of Net Sales	[1]	7.00%	7.00%
Europe
Segment Reporting Information [Line Items]
Net sales	[1]	$ 139	$ 137
Percentage of Net Sales	[1]	4.00%	4.00%
Asia
Segment Reporting Information [Line Items]
Net sales	[1]	$ 321	$ 283
Percentage of Net Sales	[1]	8.00%	8.00%
Other Regions
Segment Reporting Information [Line Items]
Net sales	[1]	$ 50	$ 53
Percentage of Net Sales	[1]	1.00%	2.00%
Gap
Segment Reporting Information [Line Items]
Net sales	[1]	$ 1,745	$ 1,562
Gap | U.S.
Segment Reporting Information [Line Items]
Net sales	[1],[2]	1,590	1,426
Gap | Canada
Segment Reporting Information [Line Items]
Net sales	[1]	127	111
Gap | Europe
Segment Reporting Information [Line Items]
Net sales	[1]	0	0
Gap | Asia
Segment Reporting Information [Line Items]
Net sales	[1]	12	9
Gap | Other Regions
Segment Reporting Information [Line Items]
Net sales	[1]	16	16
Old Navy
Segment Reporting Information [Line Items]
Net sales	[1]	1,204	1,158
Old Navy | U.S.
Segment Reporting Information [Line Items]
Net sales	[1],[2]	680	668
Old Navy | Canada
Segment Reporting Information [Line Items]
Net sales	[1]	77	77
Old Navy | Europe
Segment Reporting Information [Line Items]
Net sales	[1]	135	133
Old Navy | Asia
Segment Reporting Information [Line Items]
Net sales	[1]	284	250
Old Navy | Other Regions
Segment Reporting Information [Line Items]
Net sales	[1]	28	30
Banana Republic
Segment Reporting Information [Line Items]
Net sales	[1]	564	517
Banana Republic | U.S.
Segment Reporting Information [Line Items]
Net sales	[1],[2]	479	437
Banana Republic | Canada
Segment Reporting Information [Line Items]
Net sales	[1]	50	45
Banana Republic | Europe
Segment Reporting Information [Line Items]
Net sales	[1]	4	4
Banana Republic | Asia
Segment Reporting Information [Line Items]
Net sales	[1]	25	24
Banana Republic | Other Regions
Segment Reporting Information [Line Items]
Net sales	[1]	6	7
Other
Segment Reporting Information [Line Items]
Net sales	[1],[3]	270	203
Other | U.S.
Segment Reporting Information [Line Items]
Net sales	[1],[2],[3]	269	202
Other | Canada
Segment Reporting Information [Line Items]
Net sales	[1],[3]	1	1
Other | Europe
Segment Reporting Information [Line Items]
Net sales	[1],[3]	0	0
Other | Asia
Segment Reporting Information [Line Items]
Net sales	[1],[3]	0	0
Other | Other Regions
Segment Reporting Information [Line Items]
Net sales	[1],[3]	$ 0	$ 0
[1]	(1)Net sales for the 13 weeks ended May 5, 2018 reflect the adoption of the new revenue recognition standard and the favorable impact of the calendar shift due to the 53rd week in fiscal 2017. Prior period amounts have not been restated due to adoption of the new revenue standard and continue to be reported under accounting standards in effect for those periods.
[2]	(2)U.S. includes the United States, Puerto Rico, and Guam.
[3]	(3)Primarily consists of revenue for the Athleta and Intermix brands.

Segment Information - Additiona

Segment Information - Additional Information (Details)	3 Months Ended
	May 05, 2018Segment
Segment Reporting [Abstract]
Number of reportable segments (in segments)	1