The Gap, Inc. (GAP) 10-Q 30 Aug 19 2019 Q2 Quarterly report Financial data

Cover Page

Cover Page - shares	6 Months Ended
	Aug. 03, 2019	Aug. 26, 2019
Cover page.
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Aug. 3, 2019
Document Transition Report	false
Entity File Number	1-7562
Entity Registrant Name	GAP, INC
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	94-1697231
Entity Address, Address Line One	Two Folsom Street,
Entity Address, City or Town	San Francisco,
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	94105
City Area Code	415
Local Phone Number	427-0100
Title of 12(b) Security	Common Stock, $0.05 par value
Trading Symbol	GPS
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		375,787,585
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q2
Entity Central Index Key	0000039911
Current Fiscal Year End Date	--02-01
Amendment Flag	false

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Aug. 03, 2019	Feb. 02, 2019	Aug. 04, 2018
Current assets:
Cash and cash equivalents	$ 1,177	$ 1,081	$ 1,322
Available-for-sale Securities, Current	294	288	286
Merchandise inventory	2,326	2,131	2,202
Other current assets	770	751	780
Total current assets	4,567	4,251	4,590
Property and equipment, net of accumulated depreciation of $5,926, $5,755, and $6,063	3,141	2,912	2,832
Operating Lease, Right-of-Use Asset	5,807	0	0
Other long-term assets	528	886	588
Total assets	14,043	8,049	8,010
Current liabilities:
Accounts payable	1,246	1,126	1,297
Accrued expenses and other current liabilities	908	1,024	1,026
Operating Lease, Liability, Current	946	0	0
Income taxes payable	34	24	18
Total current liabilities	3,134	2,174	2,341
Long-term liabilities:
Total long-term debt	1,249	1,249	1,249
Lease incentives and other long-term liabilities	391	1,073	1,080
Operating Lease, Liability, Noncurrent	5,644	0	0
Total long-term liabilities	7,284	2,322	2,329
Commitments and contingencies (see Note 12)
Stockholders' equity:
Authorized 2,300 shares for all periods presented; Issued and Outstanding 376, 378, and 385 shares	19	19	19
Additional Paid in Capital	0	0	0
Retained earnings	3,551	3,481	3,268
Amounts reclassified from accumulated other comprehensive income	55	53	53
Total stockholders' equity	3,625	3,553	3,340
Total liabilities and stockholders' equity	$ 14,043	$ 8,049	$ 8,010

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) shares in Millions, $ in Millions	Aug. 03, 2019	Feb. 02, 2019	Aug. 04, 2018
Property and equipment, accumulated depreciation	$ 5,926	$ 5,755	$ 6,063
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)	376	378	385
Common stock, shares outstanding (in shares)	376	378	385

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Millions, $ in Millions		3 Months Ended		6 Months Ended
		Aug. 03, 2019	Aug. 04, 2018	Aug. 03, 2019	Aug. 04, 2018
Net Sales	[1]	$ 4,005	$ 4,085	$ 7,711	$ 7,868
Cost of goods sold and occupancy expenses		2,449	2,458	4,811	4,814
Gross profit		1,556	1,627	2,900	3,054
Operating Expenses		1,274	1,229	2,302	2,427
Operating income		282	398	598	627
Interest Expense		19	17	39	33
Interest income		(8)	(7)	(14)	(13)
Income before income taxes		271	388	573	607
Income taxes		103	91	178	146
Net income		$ 168	$ 297	$ 395	$ 461
Weighted-average number of shares - basic (in shares)		378	387	378	388
Weighted-average number of shares - diluted (in shares)		379	390	380	391
Earnings per share - basic (in dollars per share)		$ 0.44	$ 0.77	$ 1.04	$ 1.19
Earnings per share - diluted (in dollars per share)		0.44	0.76	1.04	1.18
Cash dividends declared and paid per share (in dollars per share)		$ 0.2425	$ 0.2425	$ 0.485	$ 0.485
[1]	U.S. includes the United States, Puerto Rico, and Guam.

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Aug. 03, 2019	Aug. 04, 2018	Aug. 03, 2019	Aug. 04, 2018
Net income	$ 168	$ 297	$ 395	$ 461
Other comprehensive income (loss), net of tax:
Foreign currency translation	0	(16)	(1)	(23)
Change in fair value of derivative financial instruments, net of tax (tax benefit) of $1, $3, $5 and $(3)	1	18	10	46
Reclassification adjustment for gains on derivative financial instruments, net of (tax) tax benefit of $(3), $-, $(5) and $9	(3)	0	(7)	(6)
Other comprehensive income (loss), net of tax	(2)	2	2	17
Comprehensive income	$ 166	$ 299	$ 397	$ 478

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Aug. 03, 2019	May 05, 2018	Aug. 03, 2019	Aug. 04, 2018
Change in fair value of derivative financial instruments, net of tax (tax benefit)	$ 1	$ 3	$ 5	$ (3)
Reclassification adjustment for (gains) losses on derivative financial instruments, net of (tax) tax benefit	$ (3)	$ 0	$ (5)	$ 9

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS" EQUITY - USD ($) shares in Millions, $ in Millions	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Stock optionsCommon Stock [Member]	Stock Units [Member]
Common stock, shares issued (in shares)		389
Stockholders' Equity Attributable to Parent	$ 3,144	$ 19	$ 8	$ 3,081	$ 36
Other comprehensive income (loss), net of tax	15
Net income	461			461
Stock Repurchased and Retired During Period, Shares		(6)
Other comprehensive income (loss), net of tax	17				17
Stock Repurchased and Retired During Period, Value	(200)	$ 0	(78)	(122)
Stock Issued During Period, Shares, Other						1	1
Stock Issued During Period, Value, Other	33	0	33
Share-based Payment Arrangement, Decrease for Tax Withholding Obligation	(20)	$ 0	(20)
APIC, Share-based Payment Arrangement, Increase for Cost Recognition	57		57
Dividends, Cash	(188)			(188)
Common stock, shares issued (in shares)		387
Stockholders' Equity Attributable to Parent	3,197	$ 19	0	3,127	51
Revenue 606 Initial Application Period Cumulative Effect	36			36
Net income	297			297
Stock Repurchased and Retired During Period, Shares		(3)
Other comprehensive income (loss), net of tax	2				2
Stock Repurchased and Retired During Period, Value	(100)	$ 0	(38)	(62)
Stock Issued During Period, Shares, Other						0	1
Stock Issued During Period, Value, Other	13	0	13
Share-based Payment Arrangement, Decrease for Tax Withholding Obligation	(1)	$ 0	(1)
APIC, Share-based Payment Arrangement, Increase for Cost Recognition	26		26
Dividends, Cash	$ (94)			(94)
Common stock, shares issued (in shares)	385	385
Stockholders' Equity Attributable to Parent	$ 3,340	$ 19	0	3,268	53
Common stock, shares issued (in shares)	378	378
Stockholders' Equity Attributable to Parent	$ 3,553	$ 19	0	3,481	53
Other comprehensive income (loss), net of tax	4
Net income	395			395
Stock Repurchased and Retired During Period, Shares		(5)
Other comprehensive income (loss), net of tax	2				2
Stock Repurchased and Retired During Period, Value	(100)	$ 0	(44)	(56)
Stock Issued During Period, Shares, Other						1	2
Stock Issued During Period, Value, Other	17	0	17
Share-based Payment Arrangement, Decrease for Tax Withholding Obligation	(20)	$ 0	(20)
APIC, Share-based Payment Arrangement, Increase for Cost Recognition	47		47
Dividends, Cash	(183)			(183)
Common stock, shares issued (in shares)		378
Stockholders' Equity Attributable to Parent	3,571	$ 19	0	3,495	57
Cumulative Effect of New Accounting Principle in Period of Adoption	(86)			(86)
Net income	168			168
Stock Repurchased and Retired During Period, Shares		(3)
Other comprehensive income (loss), net of tax	(2)				(2)
Stock Repurchased and Retired During Period, Value	(50)	$ 0	(29)	(21)
Stock Issued During Period, Shares, Other						0	1
Stock Issued During Period, Value, Other	7	0	7
Share-based Payment Arrangement, Decrease for Tax Withholding Obligation	(1)	$ 0	(1)
APIC, Share-based Payment Arrangement, Increase for Cost Recognition	23		23
Dividends, Cash	$ (91)			(91)
Common stock, shares issued (in shares)	376	376
Stockholders' Equity Attributable to Parent	$ 3,625	$ 19	$ 0	$ 3,551	$ 55

CONSOLIDATED STATEMENTS OF ST_2

CONSOLIDATED STATEMENTS OF STOCKHOLDERS" EQUITY (Parenthetical) - $ / shares	3 Months Ended		6 Months Ended
	Aug. 03, 2019	Aug. 04, 2018	Aug. 03, 2019	Aug. 04, 2018
Statement of Stockholders' Equity [Abstract]
Common Stock, Dividends, Per Share, Declared	$ 0.2425	$ 0.2425	$ 0.485	$ 0.485

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	6 Months Ended
	Aug. 03, 2019	Aug. 04, 2018
Document Period End Date	Aug. 3, 2019
Cash flows from operating activities:
Net income	$ 395	$ 461
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	277	280
Amortization of lease incentives	0	(29)
Share-based compensation	47	48
Non-cash and other items	10	12
Gain (Loss) on Disposition of Property Plant Equipment	(191)	0
Deferred income taxes	46	24
Changes in operating assets and liabilities:
Merchandise inventory	166	224
Other current assets and other long-term assets	(29)	46
Accounts payable	147	104
Accrued expenses and other current liabilities	(14)	(180)
Income taxes payable, net of prepaid and other tax-related items	43	62
Lease incentives and other long-term liabilities	24	34
Operating lease assets and liabilities, net	64	0
Net cash provided by operating activities	583	546
Cash flows from investing activities:
Proceeds from Sale of Buildings	220	0
Purchases of property and equipment	(324)	(326)
Payments to Acquire Short-term Investments	(150)	(322)
Proceeds from Sale, Maturity and Collection of Short-term Investments	146	36
Payments to Acquire Businesses, Net of Cash Acquired	(69)	0
Other	0	(6)
Net cash used for investing activities	(520)	(618)
Payments to Acquire Buildings	(343)	0
Cash flows from financing activities:
Proceeds from issuances under share-based compensation plans	17	33
Withholding tax payments related to vesting of stock units	(20)	(20)
Repurchases of common stock	(100)	(200)
Cash dividends paid	(183)	(188)
Other	0	(1)
Net cash used for financing activities	(286)	(376)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	(2)	(11)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect	(225)	(459)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents beginning of period	1,420	1,799
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents end of period	1,195	1,340
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities	38	38
Cash paid for income taxes during the period, net of refunds	90	61
Operating Lease, Payments	$ 612	$ 0

Accounting Policies

Accounting Policies	6 Months Ended
	Aug. 03, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation and Significant Accounting Policies [Text Block]	Note 1 . Accounting Policies Basis of Presentation The Condensed Consolidated Balance Sheets as of August 3, 2019 and August 4, 2018 , and the Condensed Consolidated Statements of Income, the Condensed Consolidated Statements of Comprehensive Income, and the Condensed Consolidated Statements of Stockholders' Equity for the thirteen and twenty-six weeks ended August 3, 2019 and August 4, 2018 , and the Condensed Consolidated Statements of Cash Flows for the twenty-six weeks ended August 3, 2019 and August 4, 2018 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, stockholders' equity, and cash flows as of August 3, 2019 and August 4, 2018 and for all periods presented. The Condensed Consolidated Balance Sheet as of February 2, 2019 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 2, 2019 . The results of operations for the thirteen and twenty-six weeks ended August 3, 2019 are not necessarily indicative of the operating results that may be expected for the 52-week period ending February 1, 2020 . Accounting Pronouncements Recently Adopted ASU No. 2016-02, Leases In February 2016, the Financial Accounting Standards Board (“FASB”) issued accounting standards update (“ASU”) No. 2016-02, Leases. Under the new guidance, lessees are required to recognize a lease liability and a right-of-use asset for leases at the commencement date. We adopted ASU No. 2016-02 and related amendments (collectively "ASC 842") on February 3, 2019 using the optional transition method, which allows for the prospective application of the standard. As of the effective date, we recorded a decrease to opening retained earnings of $86 million , net of tax, which consisted primarily of impairments for certain store and operating lease assets. In addition, we elected the package of practical expedients permitted under the transition guidance within the standard, which allowed us to carry forward our historical lease classification, to not reassess prior conclusions related to initial direct costs, and to not reassess whether any expired or existing contracts are or contain leases. We also elected the lessee practical expedient to combine lease and nonlease components for new leases and modified leases. The adoption of ASC 842 resulted in the recording of operating lease assets and operating lease liabilities of $5.7 billion and $6.6 billion , respectively, on our Consolidated Balance Sheet as of February 3, 2019. See Note 9 of Notes to Condensed Consolidated Financial Statements for information regarding required disclosures related to our leases. ASU No. 2017-12, Derivatives and Hedging: Targeted Improvements to Accounting for Hedging Activities 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. In addition, this guidance amends and expands disclosure requirements. We adopted this ASU on a prospective basis on February 3, 2019. The adoption of this standard did not have a material impact on our Consolidated Financial Statements. See Note 5 of Notes to Condensed Consolidated Financial Statements for information regarding derivative financial instruments. Accounting Pronouncements Not Yet Adopted Except as noted below, the Company has considered all recent accounting pronouncements and concluded that there are no recent accounting pronouncements that may have a material impact on our Consolidated Financial Statements, based on current information. ASU No. 2018-15, Customer's Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract In August 2018, the FASB issued ASU No. 2018-15, Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract. The ASU is intended to align the requirements for capitalization of implementation costs incurred in a cloud computing arrangement that is a service contract with the existing guidance for internal-use software. This guidance is effective for annual periods beginning after December 15, 2019, with early adoption permitted. The guidance provides flexibility in adoption, allowing for either retrospective adjustment or prospective adjustment for all implementation costs incurred after the date of adoption. The Company is currently evaluating the impact this guidance may have on our Consolidated Financial Statements and related disclosures. Restricted Cash Any cash that is legally restricted from use is classified as restricted cash. If the purpose of restricted cash is 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 within other long-term assets on our Condensed Consolidated Balance Sheets. Otherwise, restricted cash is included within other current assets on our Condensed Consolidated Balance Sheets. As of August 3, 2019 , restricted cash primarily included consideration that serves as collateral for our insurance obligations. The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within our Condensed Consolidated Balance Sheets to the total shown on our Condensed Consolidated Statements of Cash Flows: ($ in millions) August 3, August 4, Cash and cash equivalents, per Condensed Consolidated Balance Sheets $ 1,177 $ 1,322 Restricted cash included in other current assets — — Restricted cash included in other long-term assets 18 18 Total cash, cash equivalents, and restricted cash, per Condensed Consolidated Statements of Cash Flows $ 1,195 $ 1,340
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	Basis of Presentation The Condensed Consolidated Balance Sheets as of August 3, 2019 and August 4, 2018 , and the Condensed Consolidated Statements of Income, the Condensed Consolidated Statements of Comprehensive Income, and the Condensed Consolidated Statements of Stockholders' Equity for the thirteen and twenty-six weeks ended August 3, 2019 and August 4, 2018 , and the Condensed Consolidated Statements of Cash Flows for the twenty-six weeks ended August 3, 2019 and August 4, 2018 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, stockholders' equity, and cash flows as of August 3, 2019 and August 4, 2018 and for all periods presented. The Condensed Consolidated Balance Sheet as of February 2, 2019 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 2, 2019 . The results of operations for the thirteen and twenty-six weeks ended August 3, 2019 are not necessarily indicative of the operating results that may be expected for the 52-week period ending February 1, 2020 .
Recent Accounting Pronouncements [Abstract]
Recent Accounting Pronouncements	Accounting Pronouncements Recently Adopted ASU No. 2016-02, Leases In February 2016, the Financial Accounting Standards Board (“FASB”) issued accounting standards update (“ASU”) No. 2016-02, Leases. Under the new guidance, lessees are required to recognize a lease liability and a right-of-use asset for leases at the commencement date. We adopted ASU No. 2016-02 and related amendments (collectively "ASC 842") on February 3, 2019 using the optional transition method, which allows for the prospective application of the standard. As of the effective date, we recorded a decrease to opening retained earnings of $86 million , net of tax, which consisted primarily of impairments for certain store and operating lease assets. In addition, we elected the package of practical expedients permitted under the transition guidance within the standard, which allowed us to carry forward our historical lease classification, to not reassess prior conclusions related to initial direct costs, and to not reassess whether any expired or existing contracts are or contain leases. We also elected the lessee practical expedient to combine lease and nonlease components for new leases and modified leases. The adoption of ASC 842 resulted in the recording of operating lease assets and operating lease liabilities of $5.7 billion and $6.6 billion , respectively, on our Consolidated Balance Sheet as of February 3, 2019. See Note 9 of Notes to Condensed Consolidated Financial Statements for information regarding required disclosures related to our leases. ASU No. 2017-12, Derivatives and Hedging: Targeted Improvements to Accounting for Hedging Activities 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. In addition, this guidance amends and expands disclosure requirements. We adopted this ASU on a prospective basis on February 3, 2019. The adoption of this standard did not have a material impact on our Consolidated Financial Statements. See Note 5 of Notes to Condensed Consolidated Financial Statements for information regarding derivative financial instruments. Accounting Pronouncements Not Yet Adopted Except as noted below, the Company has considered all recent accounting pronouncements and concluded that there are no recent accounting pronouncements that may have a material impact on our Consolidated Financial Statements, based on current information. ASU No. 2018-15, Customer's Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract In August 2018, the FASB issued ASU No. 2018-15, Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract. The ASU is intended to align the requirements for capitalization of implementation costs incurred in a cloud computing arrangement that is a service contract with the existing guidance for internal-use software. This guidance is effective for annual periods beginning after December 15, 2019, with early adoption permitted. The guidance provides flexibility in adoption, allowing for either retrospective adjustment or prospective adjustment for all implementation costs incurred after the date of adoption. The Company is currently evaluating the impact this guidance may have on our Consolidated Financial Statements and related disclosures.

Revenue

Revenue	6 Months Ended
	Aug. 03, 2019
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer [Text Block]	Revenue The Company’s revenues include merchandise sales at stores, online, and through franchise agreements. We also receive revenue sharing from our credit card agreement for private label and co-branded credit cards, and breakage revenue related to our gift cards, credit vouchers, and outstanding loyalty points. Breakage revenue is recognized based upon historical redemption patterns. For online 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 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. Revenues are presented net of any taxes collected from customers and remitted to governmental authorities. Our credit card agreement provides for certain payments to be made to us, including a share of revenue 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 include both providing a license and an obligation to redeem loyalty points issued under the loyalty rewards program. Our obligation to provide a license is satisfied when the subsequent sale or usage occurs and our obligation to redeem loyalty points is deferred until those loyalty points are redeemed. Income related to our credit card agreement is classified within net sales on our Condensed Consolidated Statements 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 the subsequent sale or usage occurs and our obligation to supply franchise partners with our merchandise is satisfied when control of the merchandise transfers. As of the quarter ended August 3, 2019 and August 4, 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, credit vouchers, outstanding loyalty points, and reimbursements of loyalty program discounts associated with our credit card agreement. For the thirteen weeks ended August 3, 2019 , the opening balance of deferred revenue for these obligations was $206 million , of which $71 million was recognized as revenue during the period. For the twenty-six weeks ended August 3, 2019 , the opening balance of deferred revenue for these obligations was $227 million , of which $134 million was recognized as revenue during the period. The closing balance of deferred revenue related to gift cards, credit vouchers, outstanding loyalty points, and reimbursements of loyalty program discounts was $195 million as of August 3, 2019 . We expect that the majority of our revenue deferrals as of the quarter ended August 3, 2019 , will be recognized as revenue in the next 12 months as our performance obligations are satisfied. For the thirteen weeks ended August 4, 2018 , the opening balance of deferred revenue for these obligations was $201 million , of which $87 million of the opening balance was recognized as revenue during the period. For the twenty-six weeks ended August 4, 2018 , the opening balance of deferred revenue for these obligations was $232 million , of which $145 million of the opening balance was recognized as revenue during the period. The closing balance of deferred revenue for these obligations was $194 million as of August 4, 2018 . See Note 13

Debt and Credit Facilities

Debt and Credit Facilities	6 Months Ended
	Aug. 03, 2019
Debt Disclosure [Abstract]
Debt and Credit Facilities	Debt and Credit Facilities As of August 3, 2019 , February 2, 2019 , and August 4, 2018 , the estimated fair value of our $1.25 billion aggregate principal amount of 5.95 percent notes (the “Notes”) due April 2021 was $1.30 billion , $1.30 billion , and $1.31 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. We have a $500 million , five -year, unsecured revolving credit facility (the “Facility”), which is scheduled to expire in May 2023 . There were no borrowings and no material outstanding standby letters of credit under the Facility as of August 3, 2019 . 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 $56 million as of August 3, 2019 . As of August 3, 2019 , there were no borrowings under the Foreign Facilities. There were $17 million in bank guarantees issued and outstanding primarily related to store leases under the Foreign Facilities as of August 3, 2019 . We have bilateral unsecured standby letter of credit agreements that are uncommitted and do not have expiration dates. As of August 3, 2019 , we had $17 million

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Aug. 03, 2019
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements The Company measures certain financial assets and liabilities at fair value on a recurring basis, including derivatives and available-for-sale debt securities. The Company categorizes financial assets and liabilities recorded at fair value based upon a three-level hierarchy that considers the related valuation techniques. There were no purchases, sales, issuances, or settlements related to recurring level 3 measurements during the thirteen and twenty-six weeks ended August 3, 2019 or August 4, 2018 . There were no transfers of financial assets or liabilities into or out of level 1, level 2, and level 3 during the thirteen and twenty-six weeks ended August 3, 2019 or August 4, 2018 . 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) August 3, 2019 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Cash equivalents $ 312 $ 31 $ 281 $ — Short-term investments 294 131 163 — Derivative financial instruments 27 — 27 — Deferred compensation plan assets 51 51 — — Other assets 2 — — 2 Total $ 686 $ 213 $ 471 $ 2 Liabilities: Derivative financial instruments $ 9 $ — $ 9 $ — Fair Value Measurements at Reporting Date Using ($ in millions) February 2, 2019 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Cash equivalents $ 373 $ 26 $ 347 $ — Short-term investments 288 125 163 — Derivative financial instruments 20 — 20 — Deferred compensation plan assets 48 48 — — Other assets 2 — — 2 Total $ 731 $ 199 $ 530 $ 2 Liabilities: Derivative financial instruments $ 11 $ — $ 11 $ — Fair Value Measurements at Reporting Date Using ($ in millions) August 4, 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 $ 481 $ 21 $ 460 $ — Short-term investments 286 109 177 — Derivative financial instruments 40 — 40 — Deferred compensation plan assets 53 53 — — Total $ 860 $ 183 $ 677 $ — Liabilities: Derivative financial instruments $ 7 $ — $ 7 $ — We have highly liquid investments classified as cash equivalents, which are placed primarily in time deposits, money market funds, and commercial paper. 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 August 3, 2019 and August 4, 2018 , the Company held $294 million and $286 million , respectively, of available-for-sale debt 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 August 3, 2019 and August 4, 2018 , the Company held $15 million and $14 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 within accumulated other comprehensive income were immaterial as of August 3, 2019 and August 4, 2018 . The Company regularly reviews its available-for-sale debt securities for other-than-temporary impairment. For the thirteen and twenty-six weeks ended August 3, 2019 and August 4, 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 fair value of the Company’s derivative financial instruments is determined using pricing models based on current market rates. See Note 5 of the Notes to the Condensed Consolidated Financial Statements for information regarding currencies hedged against the U.S. dollar. 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 and twenty-six weeks ended August 3, 2019 , or August 4, 2018 . As discussed in Note 1 , we recorded a decrease to fiscal year 2019 opening retained earnings due to the adoption of ASC 842 related to impairments as of the effective date. 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 material impairment charges recorded for goodwill or other indefinite-lived intangible assets for the thirteen and twenty-six weeks ended August 3, 2019 , or August 4, 2018 .

Derivative Financial Instrument

Derivative Financial Instruments	6 Months Ended
	Aug. 03, 2019
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, Mexican pesos, Euro, Chinese yuan, and Taiwan dollars. Cash flows from derivative financial instruments are classified as cash flows from operating activities on the Condensed Consolidated Statements of Cash Flows. Cash Flow Hedges We currently 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; and (2) 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, 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 into income during 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 these 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 on 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) August 3, February 2, August 4, Derivatives designated as cash flow hedges $ 652 $ 774 $ 1,052 Derivatives not designated as hedging instruments 1,046 660 646 Total $ 1,698 $ 1,434 $ 1,698 Quantitative Disclosures about Derivative Financial Instruments The fair values of foreign exchange forward contracts are as follows: ($ in millions) August 3, February 2, August 4, Derivatives designated as cash flow hedges: Other current assets $ 15 $ 15 $ 19 Other long-term assets 1 — 7 Accrued expenses and other current liabilities 1 3 3 Lease incentives and other long-term liabilities 1 — 1 Derivatives not designated as hedging instruments: Other current assets 11 5 14 Accrued expenses and other current liabilities 7 8 3 Total derivatives in an asset position $ 27 $ 20 $ 40 Total derivatives in a liability position $ 9 $ 11 $ 7 Substantially all of the unrealized gains and losses from designated cash flow hedges as of August 3, 2019 , will be recognized into income within the next 12 months at the then-current values, which may differ from the fair values as of August 3, 2019 , 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 were $3 million , $4 million , and $4 million as of August 3, 2019 , February 2, 2019 , and August 4, 2018 , respectively. If we did elect to offset, the net amounts of our derivative financial instruments in an asset position would have been $24 million , $16 million , and $36 million and the net amounts of the derivative financial instruments in a liability position would have been $6 million , $7 million , and $3 million as of August 3, 2019 , February 2, 2019 , and August 4, 2018 , respectively. See Note 4 of Notes to Condensed Consolidated Financial Statements for disclosures on the fair value measurements of our derivative financial instruments. The effective portion of gains and losses on foreign exchange forward contracts designated in a cash flow hedging relationship recorded in other comprehensive income, on a pre-tax basis, are as follows: 13 Weeks Ended 26 Weeks Ended ($ in millions) August 3, August 4, August 3, August 4, Gain recognized in other comprehensive income $ 2 $ 21 $ 15 $ 43 The pre-tax amounts recognized in income related to derivative instruments are as follows: Location and Amount of (Gain) Loss Recognized in Income 13 Weeks Ended August 3, 2019 13 Weeks Ended August 4, 2018 ($ in millions) Cost of goods sold and occupancy expense Operating expenses Cost of goods sold and occupancy expense Operating expenses Total amount of expense line items presented in the Condensed Consolidated Income Statement in which the effects of derivatives are recorded $ 2,449 $ 1,274 $ 2,458 $ 1,229 (Gain) recognized in income Derivatives designated as cash flow hedges $ (6 ) $ — $ — $ — Derivatives not designated as hedging instruments — (3 ) — (12 ) Total (gain) recognized in income $ (6 ) $ (3 ) $ — $ (12 ) Location and Amount of (Gain) Loss Recognized in Income 26 Weeks Ended August 3, 2019 26 Weeks Ended August 4, 2018 ($ in millions) Cost of goods sold and occupancy expense Operating expenses Cost of goods sold and occupancy expense Operating expenses Total amount of expense line items presented in the Condensed Consolidated Income Statement in which the effects of derivatives are recorded $ 4,811 $ 2,302 $ 4,814 $ 2,427 (Gain) recognized in income Derivatives designated as cash flow hedges $ (12 ) $ — $ (3 ) $ — Derivatives not designated as hedging instruments — (12 ) — (24 ) Total (gain) recognized in income $ (12 ) $ (12 ) $ (3 ) $ (24 ) For the thirteen and twenty-six weeks ended August 3, 2019 , and August 4, 2018 , 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 any of our hedged subsidiaries during the periods.

Share Repurchases

Share Repurchases	6 Months Ended
	Aug. 03, 2019
Disclosure Share Repurchase Activity [Abstract]
Share Repurchases	Share Repurchases Share repurchase activity is as follows: 13 Weeks Ended 26 Weeks Ended ($ and shares in millions except average per share cost) August 3, August 4, August 3, August 4, Number of shares repurchased (1) 2.7 3.2 4.6 6.4 Total cost $ 50 $ 100 $ 100 $ 200 Average per share cost including commissions $ 18.41 $ 30.95 $ 21.54 $ 31.08 __________ (1) Excludes shares withheld to settle employee statutory tax withholding related to the vesting of stock units. In February 2019, the Board of Directors approved a new $1.0 billion share repurchase authorization (the "February 2019 repurchase program") which superseded and replaced a February 2016 repurchase authorization. The February 2019 repurchase program had $900 million remaining as of August 3, 2019 . The February 2016 repurchase authorization had $287 million remaining as of February 2, 2019 . All of the share repurchases were paid for as of August 3, 2019 , February 2, 2019 , and August 4, 2018 . All common stock repurchased is immediately retired.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	6 Months Ended
	Aug. 03, 2019
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 2, 2019 $ 47 $ 6 $ 53 13 Weeks Ended May 4, 2019: Foreign currency translation (1 ) — (1 ) Change in fair value of derivative financial instruments — 9 9 Amounts reclassified from accumulated other comprehensive income — (4 ) (4 ) Other comprehensive income (loss), net of tax (1 ) 5 4 Balance at May 4, 2019 46 11 57 13 Weeks Ended August 3, 2019: Foreign currency translation — — — Change in fair value of derivative financial instruments — 1 1 Amounts reclassified from accumulated other comprehensive income — (3 ) (3 ) Other comprehensive (loss), net of tax — (2 ) (2 ) Balance at August 3, 2019 $ 46 $ 9 $ 55 ($ 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 (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 13 Weeks Ended August 4, 2018: Foreign currency translation (16 ) — (16 ) Change in fair value of derivative financial instruments — 18 18 Amounts reclassified from accumulated other comprehensive income — — — Other comprehensive income (loss), net of tax (16 ) 18 2 Balance at August 4, 2018 $ 41 $ 12 $ 53 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 within the respective line items on the Condensed Consolidated Statements of Income.

Share-Based Compensation

Share-Based Compensation	6 Months Ended
	Aug. 03, 2019
Share-based Payment Arrangement [Abstract]
Share-Based Compensation	Share-Based Compensation Share-based compensation expense recognized on the Condensed Consolidated Statements of Income, primarily in operating expenses, is as follows: 13 Weeks Ended 26 Weeks Ended ($ in millions) August 3, August 4, August 3, August 4, Stock units $ 17 $ 22 $ 36 $ 38 Stock options 5 4 9 8 Employee stock purchase plan 1 1 2 2 Share-based compensation expense 23 27 47 48 Less: Income tax benefit (9 ) (6 ) (15 ) (12 ) Share-based compensation expense, net of tax $ 14 $ 21 $ 32 $ 36

Leases

Leases	6 Months Ended
	Aug. 03, 2019
Leases [Abstract]
Lessee, Operating Leases [Text Block]	Leases The Company is a party to many agreements involving commitments to make payments to third parties. The majority of our long-term contractual obligations relate to operating leases for our retail stores. We also lease some of our corporate facilities and distribution centers. These operating leases expire at various dates through fiscal 2040 . Most store leases have a five-year base period and include options that allow us to extend the lease term beyond the initial base period, subject to terms agreed upon at lease inception. Some leases also include early termination options, which can be exercised under specific conditions. Our lease agreements do not contain any material residual value guarantees or material restrictive covenants. We record our lease liabilities at the present value of the lease payments not yet paid, discounted at the rate of interest that the Company would have to pay to borrow on a collateralized basis over a similar term. As the Company's leases do not provide an implicit interest rate, the Company uses an incremental borrowing rate based on the information available at commencement date in determining the present value of lease payments. We recognize operating lease cost over the estimated term of the lease, which includes options to extend lease terms that are reasonably certain of being exercised, starting when possession of the property is taken from the landlord, which normally includes a construction period prior to the store opening. When a lease contains a predetermined fixed escalation of the minimum rent, we recognize the related operating lease cost on a straight-line basis over the lease term. In addition, certain of our lease agreements include variable lease payments, such as payments based on a percentage of sales that are in excess of a predetermined level and/or increases based on a change in the consumer price index or fair market value. These variable lease payments are excluded from minimum lease payments and are included in the determination of net lease cost when it is probable that the expense has been incurred and the amount can be reasonably estimated. As of August 3, 2019 , the Company's finance leases were not material to our Condensed Consolidated Financial Statements. Net lease cost recognized on our Condensed Consolidated Statement of Income is summarized as follows: 13 Weeks Ended 26 Weeks Ended ($ in millions) August 3, August 3, Operating lease cost $ 301 $ 597 Variable lease cost 156 321 Sublease income (1 ) (6 ) Net lease cost $ 456 $ 912 As of August 3, 2019 , the maturities of lease liabilities based on the total minimum lease commitment amount including options to extend lease terms that are reasonably certain of being exercised are as follows: ($ in millions) Fiscal Year Remainder of 2019 $ 608 2020 1,150 2021 1,024 2022 913 2023 811 Thereafter 3,665 Total minimum lease payments 8,171 Less: Interest (1,581 ) Present value of operating lease liabilities 6,590 Less: Current portion of operating lease liabilities (946 ) Long-term operating lease liabilities $ 5,644 During the thirteen and twenty-six weeks ended August 3, 2019 , additions of operating lease assets were $290 million and $456 million , respectively. As of August 3, 2019 , the minimum lease commitment amount for operating leases signed but not yet commenced, primarily for retail stores, was $304 million . As of August 3, 2019 , the weighted-average remaining operating lease term was 8.6 years and the weighted-average discount rate was 4.7 percent for operating leases recognized on our Condensed Consolidated Financial Statements. In accordance with Accounting Standards Codification ("ASC") 840, Leases, the aggregate minimum non-cancelable annual lease payments under operating leases in effect on February 2, 2019 were as follows: ($ in millions) Fiscal Year 2019 $ 1,156 2020 1,098 2021 892 2022 730 2023 539 Thereafter 1,520 Total minimum lease commitments $ 5,935 The total minimum lease commitment amount above does not include minimum sublease income of $12 million receivable in the future under non-cancelable sublease agreements. In addition, the total minimum lease commitment amount above excludes options to extend lease terms that are reasonably certain of being exercised.

Income Taxes

Income Taxes	6 Months Ended
	Aug. 03, 2019
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The effective income tax rate was 38.0 percent for the thirteen weeks ended August 3, 2019, compared with 23.5 percent for the thirteen weeks ended August 4, 2018. The effective income tax rate was 31.1 percent for the twenty-six weeks ended August 3, 2019, compared with 24.1 percent for the twenty-six weeks ended August 4, 2018. The increase in the effective tax rate is primarily due to adjustments to our fiscal 2017 tax liability for additional guidance issued by the U.S. Treasury Department regarding the Tax Cuts and Jobs Act of 2017 ("TCJA"). 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 August 3, 2019 , it is reasonably possible that we will recognize a decrease in gross unrecognized tax benefits within the next 12 months of up to $4 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	6 Months Ended
	Aug. 03, 2019
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 26 Weeks Ended (shares in millions) August 3, August 4, August 3, August 4, Weighted-average number of shares - basic 378 387 378 388 Common stock equivalents 1 3 2 3 Weighted-average number of shares - diluted 379 390 380 391 The above computations of weighted-average number of shares – diluted exclude 17 million and 6 million shares related to stock options and other stock awards for the thirteen weeks ended August 3, 2019 and August 4, 2018 , respectively, and 13 million and 6 million shares related to stock options and other stock awards for the twenty-six weeks ended August 3, 2019 and August 4, 2018

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Aug. 03, 2019
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 August 3, 2019 , Actions filed against us included commercial, intellectual property, customer, and employment 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 August 3, 2019 , February 2, 2019 , and August 4, 2018 , 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 August 3, 2019 , February 2, 2019 , and August 4, 2018 , was not material for any individual Action or in total. Subsequent to August 3, 2019 , 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.

Segment Information

Segment Information	6 Months Ended
	Aug. 03, 2019
Segment Reporting [Abstract]
Segment Information	Segment Information We identify our operating segments according to how our business activities are managed and evaluated. As of August 3, 2019 , our operating segments included Old Navy Global, Gap Global, Banana Republic Global, Athleta, and Intermix. Each operating segment has a brand president who is responsible for various geographies and channels. Each of our brands serves customers through its store and online channels, allowing us to execute on our omni-channel strategy where customers can shop seamlessly across all of our brands in retail stores and online through desktop or mobile devices. We have determined that each of our operating segments share similar economic and other qualitative characteristics, and therefore the results of our operating segments were aggregated into one reportable segment as of August 3, 2019 . We continually monitor and review our segment reporting structure in accordance with authoritative guidance to determine whether any changes have occurred that would impact our reportable segments. Net sales by brand and region are as follows: ($ in millions) Old Navy Global Gap Global Banana Republic Global (2) Other (3) Total Percentage of Net Sales 13 Weeks Ended August 3, 2019 U.S. (1) $ 1,794 $ 645 $ 530 $ 331 $ 3,300 83 % Canada 148 85 53 — 286 7 Europe — 131 4 — 135 3 Asia 11 201 23 — 235 6 Other regions 19 24 6 — 49 1 Total $ 1,972 $ 1,086 $ 616 $ 331 $ 4,005 100 % ($ in millions) Old Navy Global Gap Global Banana Republic Global Other (3) Total Percentage of Net Sales 13 Weeks Ended August 4, 2018 U.S. (1) $ 1,816 $ 728 $ 514 $ 264 $ 3,322 82 % Canada 151 94 58 — 303 7 Europe — 145 3 — 148 4 Asia 11 229 22 — 262 6 Other regions 14 29 7 — 50 1 Total $ 1,992 $ 1,225 $ 604 $ 264 $ 4,085 100 % ($ in millions) Old Navy Global Gap Global Banana Republic Global (2) Other (3) Total Percentage of Net Sales 26 Weeks Ended August 3, 2019 U.S. (1) $ 3,435 $ 1,253 $ 1,017 $ 617 $ 6,322 82 % Canada 276 154 100 1 531 7 Europe — 252 7 — 259 3 Asia 21 434 49 — 504 7 Other regions 39 45 11 — 95 1 Total $ 3,771 $ 2,138 $ 1,184 $ 618 $ 7,711 100 % ($ in millions) Old Navy Global Gap Global Banana Republic Global Other (3) Total Percentage of Net Sales 26 Weeks Ended August 4, 2018 U.S. (1) $ 3,406 $ 1,408 $ 993 $ 533 $ 6,340 81 % Canada 278 171 108 1 558 7 Europe — 280 7 — 287 4 Asia 23 513 47 — 583 7 Other regions 30 57 13 — 100 1 Total $ 3,737 $ 2,429 $ 1,168 $ 534 $ 7,868 100 % __________ (1) U.S. includes the United States, Puerto Rico, and Guam. (2) Beginning on March 4, 2019, Banana Republic Global includes net sales for the Janie and Jack brand. (3) Primarily consists of net sales for the Athleta and Intermix brands, as well as a portion of income related to our credit card agreement. Beginning in the third quarter of fiscal year 2018, the Hill City brand is also included. 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.

Acquisition

Acquisition	6 Months Ended
	Aug. 03, 2019
Business Combinations [Abstract]
Business Combination Disclosure [Text Block]	Acquisition On March 4, 2019 , the Company acquired select assets of Gymboree, Inc. related to Janie and Jack, a premium children's clothing brand, through a bankruptcy auction. We purchased intellectual property and property and equipment at the Janie and Jack store locations. We assumed the leases for the majority of Janie and Jack stores and entered into a separate transaction to purchase Janie and Jack inventory. The purchase price for the net assets acquired was $69 million . The total purchase price was allocated to the net tangible and intangible assets acquired based on their estimated fair values. Such estimated fair values require management to make estimates and judgments, especially with respect to intangible assets. Amounts recorded for assets acquired and liabilities assumed on the acquisition date were as follows: ($ in millions) As of March 4, 2019 Inventory $ 34 Property and equipment 15 Operating lease assets 51 Intangible assets 37 Net assets acquired 137 Operating lease liabilities (64 ) Other liabilities (4 ) Total consideration paid $ 69 The results of operations for Janie and Jack since the date of acquisition were not material to the Condensed Consolidated Statement of Income.

Accounting Policies Restricted

Accounting Policies Restricted Cash (Policies)	6 Months Ended
	Aug. 03, 2019
Supplemental Cash Flow Elements [Abstract]
Cash and Cash Equivalents, Restricted Cash and Cash Equivalents, Policy [Policy Text Block]	Restricted Cash Any cash that is legally restricted from use is classified as restricted cash. If the purpose of restricted cash is 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 within other long-term assets on our Condensed Consolidated Balance Sheets. Otherwise, restricted cash is included within other current assets on our Condensed Consolidated Balance Sheets.

Accounting Policies Accounting

Accounting Policies Accounting Pronouncements Recently Adopted (Tables)	6 Months Ended
	Aug. 03, 2019
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Schedule of Cash and Cash Equivalents [Table Text Block]	As of August 3, 2019 , restricted cash primarily included consideration that serves as collateral for our insurance obligations. The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within our Condensed Consolidated Balance Sheets to the total shown on our Condensed Consolidated Statements of Cash Flows: ($ in millions) August 3, August 4, Cash and cash equivalents, per Condensed Consolidated Balance Sheets $ 1,177 $ 1,322 Restricted cash included in other current assets — — Restricted cash included in other long-term assets 18 18 Total cash, cash equivalents, and restricted cash, per Condensed Consolidated Statements of Cash Flows $ 1,195 $ 1,340

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Aug. 03, 2019
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) August 3, 2019 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Cash equivalents $ 312 $ 31 $ 281 $ — Short-term investments 294 131 163 — Derivative financial instruments 27 — 27 — Deferred compensation plan assets 51 51 — — Other assets 2 — — 2 Total $ 686 $ 213 $ 471 $ 2 Liabilities: Derivative financial instruments $ 9 $ — $ 9 $ — Fair Value Measurements at Reporting Date Using ($ in millions) February 2, 2019 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Cash equivalents $ 373 $ 26 $ 347 $ — Short-term investments 288 125 163 — Derivative financial instruments 20 — 20 — Deferred compensation plan assets 48 48 — — Other assets 2 — — 2 Total $ 731 $ 199 $ 530 $ 2 Liabilities: Derivative financial instruments $ 11 $ — $ 11 $ — Fair Value Measurements at Reporting Date Using ($ in millions) August 4, 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 $ 481 $ 21 $ 460 $ — Short-term investments 286 109 177 — Derivative financial instruments 40 — 40 — Deferred compensation plan assets 53 53 — — Total $ 860 $ 183 $ 677 $ — Liabilities: Derivative financial instruments $ 7 $ — $ 7 $ —

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	6 Months Ended
	Aug. 03, 2019
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) August 3, February 2, August 4, Derivatives designated as cash flow hedges $ 652 $ 774 $ 1,052 Derivatives not designated as hedging instruments 1,046 660 646 Total $ 1,698 $ 1,434 $ 1,698
Fair Values of Asset and Liability Derivative Financial Instruments	The fair values of foreign exchange forward contracts are as follows: ($ in millions) August 3, February 2, August 4, Derivatives designated as cash flow hedges: Other current assets $ 15 $ 15 $ 19 Other long-term assets 1 — 7 Accrued expenses and other current liabilities 1 3 3 Lease incentives and other long-term liabilities 1 — 1 Derivatives not designated as hedging instruments: Other current assets 11 5 14 Accrued expenses and other current liabilities 7 8 3 Total derivatives in an asset position $ 27 $ 20 $ 40 Total derivatives in a liability position $ 9 $ 11 $ 7
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 designated in a cash flow hedging relationship recorded in other comprehensive income, on a pre-tax basis, are as follows: 13 Weeks Ended 26 Weeks Ended ($ in millions) August 3, August 4, August 3, August 4, Gain recognized in other comprehensive income $ 2 $ 21 $ 15 $ 43 The pre-tax amounts recognized in income related to derivative instruments are as follows: Location and Amount of (Gain) Loss Recognized in Income 13 Weeks Ended August 3, 2019 13 Weeks Ended August 4, 2018 ($ in millions) Cost of goods sold and occupancy expense Operating expenses Cost of goods sold and occupancy expense Operating expenses Total amount of expense line items presented in the Condensed Consolidated Income Statement in which the effects of derivatives are recorded $ 2,449 $ 1,274 $ 2,458 $ 1,229 (Gain) recognized in income Derivatives designated as cash flow hedges $ (6 ) $ — $ — $ — Derivatives not designated as hedging instruments — (3 ) — (12 ) Total (gain) recognized in income $ (6 ) $ (3 ) $ — $ (12 ) Location and Amount of (Gain) Loss Recognized in Income 26 Weeks Ended August 3, 2019 26 Weeks Ended August 4, 2018 ($ in millions) Cost of goods sold and occupancy expense Operating expenses Cost of goods sold and occupancy expense Operating expenses Total amount of expense line items presented in the Condensed Consolidated Income Statement in which the effects of derivatives are recorded $ 4,811 $ 2,302 $ 4,814 $ 2,427 (Gain) recognized in income Derivatives designated as cash flow hedges $ (12 ) $ — $ (3 ) $ — Derivatives not designated as hedging instruments — (12 ) — (24 ) Total (gain) recognized in income $ (12 ) $ (12 ) $ (3 ) $ (24 )

Share Repurchases (Tables)

Share Repurchases (Tables)	6 Months Ended
	Aug. 03, 2019
Disclosure Share Repurchase Activity [Abstract]
Share Repurchase Activity	Share repurchase activity is as follows: 13 Weeks Ended 26 Weeks Ended ($ and shares in millions except average per share cost) August 3, August 4, August 3, August 4, Number of shares repurchased (1) 2.7 3.2 4.6 6.4 Total cost $ 50 $ 100 $ 100 $ 200 Average per share cost including commissions $ 18.41 $ 30.95 $ 21.54 $ 31.08 __________ (1) Excludes shares withheld to settle employee statutory tax withholding related to the vesting of stock units.

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Tables)	6 Months Ended
	Aug. 03, 2019
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 2, 2019 $ 47 $ 6 $ 53 13 Weeks Ended May 4, 2019: Foreign currency translation (1 ) — (1 ) Change in fair value of derivative financial instruments — 9 9 Amounts reclassified from accumulated other comprehensive income — (4 ) (4 ) Other comprehensive income (loss), net of tax (1 ) 5 4 Balance at May 4, 2019 46 11 57 13 Weeks Ended August 3, 2019: Foreign currency translation — — — Change in fair value of derivative financial instruments — 1 1 Amounts reclassified from accumulated other comprehensive income — (3 ) (3 ) Other comprehensive (loss), net of tax — (2 ) (2 ) Balance at August 3, 2019 $ 46 $ 9 $ 55 ($ 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 (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 13 Weeks Ended August 4, 2018: Foreign currency translation (16 ) — (16 ) Change in fair value of derivative financial instruments — 18 18 Amounts reclassified from accumulated other comprehensive income — — — Other comprehensive income (loss), net of tax (16 ) 18 2 Balance at August 4, 2018 $ 41 $ 12 $ 53

Share-Based Compensation (Table

Share-Based Compensation (Tables)	6 Months Ended
	Aug. 03, 2019
Share-based Payment Arrangement [Abstract]
Share-Based Compensation Expense	Share-based compensation expense recognized on the Condensed Consolidated Statements of Income, primarily in operating expenses, is as follows: 13 Weeks Ended 26 Weeks Ended ($ in millions) August 3, August 4, August 3, August 4, Stock units $ 17 $ 22 $ 36 $ 38 Stock options 5 4 9 8 Employee stock purchase plan 1 1 2 2 Share-based compensation expense 23 27 47 48 Less: Income tax benefit (9 ) (6 ) (15 ) (12 ) Share-based compensation expense, net of tax $ 14 $ 21 $ 32 $ 36

Leases (Tables)

Leases (Tables)	6 Months Ended	12 Months Ended
	Aug. 03, 2019	Feb. 02, 2019
Leases [Abstract]
Lease, Cost [Table Text Block]	As of August 3, 2019 , the Company's finance leases were not material to our Condensed Consolidated Financial Statements. Net lease cost recognized on our Condensed Consolidated Statement of Income is summarized as follows: 13 Weeks Ended 26 Weeks Ended ($ in millions) August 3, August 3, Operating lease cost $ 301 $ 597 Variable lease cost 156 321 Sublease income (1 ) (6 ) Net lease cost $ 456 $ 912
Lessee, Operating Lease, Liability, Maturity [Table Text Block]		In accordance with Accounting Standards Codification ("ASC") 840, Leases, the aggregate minimum non-cancelable annual lease payments under operating leases in effect on February 2, 2019 were as follows: ($ in millions) Fiscal Year 2019 $ 1,156 2020 1,098 2021 892 2022 730 2023 539 Thereafter 1,520 Total minimum lease commitments $ 5,935 The total minimum lease commitment amount above does not include minimum sublease income of $12 million receivable in the future under non-cancelable sublease agreements. In addition, the total minimum lease commitment amount above excludes options to extend lease terms that are reasonably certain of being exercised.
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	As of August 3, 2019 , the maturities of lease liabilities based on the total minimum lease commitment amount including options to extend lease terms that are reasonably certain of being exercised are as follows: ($ in millions) Fiscal Year Remainder of 2019 $ 608 2020 1,150 2021 1,024 2022 913 2023 811 Thereafter 3,665 Total minimum lease payments 8,171 Less: Interest (1,581 ) Present value of operating lease liabilities 6,590 Less: Current portion of operating lease liabilities (946 ) Long-term operating lease liabilities $ 5,644

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Aug. 03, 2019
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 26 Weeks Ended (shares in millions) August 3, August 4, August 3, August 4, Weighted-average number of shares - basic 378 387 378 388 Common stock equivalents 1 3 2 3 Weighted-average number of shares - diluted 379 390 380 391

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Aug. 03, 2019
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 (2) Other (3) Total Percentage of Net Sales 13 Weeks Ended August 3, 2019 U.S. (1) $ 1,794 $ 645 $ 530 $ 331 $ 3,300 83 % Canada 148 85 53 — 286 7 Europe — 131 4 — 135 3 Asia 11 201 23 — 235 6 Other regions 19 24 6 — 49 1 Total $ 1,972 $ 1,086 $ 616 $ 331 $ 4,005 100 % ($ in millions) Old Navy Global Gap Global Banana Republic Global Other (3) Total Percentage of Net Sales 13 Weeks Ended August 4, 2018 U.S. (1) $ 1,816 $ 728 $ 514 $ 264 $ 3,322 82 % Canada 151 94 58 — 303 7 Europe — 145 3 — 148 4 Asia 11 229 22 — 262 6 Other regions 14 29 7 — 50 1 Total $ 1,992 $ 1,225 $ 604 $ 264 $ 4,085 100 % ($ in millions) Old Navy Global Gap Global Banana Republic Global (2) Other (3) Total Percentage of Net Sales 26 Weeks Ended August 3, 2019 U.S. (1) $ 3,435 $ 1,253 $ 1,017 $ 617 $ 6,322 82 % Canada 276 154 100 1 531 7 Europe — 252 7 — 259 3 Asia 21 434 49 — 504 7 Other regions 39 45 11 — 95 1 Total $ 3,771 $ 2,138 $ 1,184 $ 618 $ 7,711 100 % ($ in millions) Old Navy Global Gap Global Banana Republic Global Other (3) Total Percentage of Net Sales 26 Weeks Ended August 4, 2018 U.S. (1) $ 3,406 $ 1,408 $ 993 $ 533 $ 6,340 81 % Canada 278 171 108 1 558 7 Europe — 280 7 — 287 4 Asia 23 513 47 — 583 7 Other regions 30 57 13 — 100 1 Total $ 3,737 $ 2,429 $ 1,168 $ 534 $ 7,868 100 % __________ (1) U.S. includes the United States, Puerto Rico, and Guam. (2) Beginning on March 4, 2019, Banana Republic Global includes net sales for the Janie and Jack brand. (3) Primarily consists of net sales for the Athleta and Intermix brands, as well as a portion of income related to our credit card agreement. Beginning in the third quarter of fiscal year 2018, the Hill City brand is also included.

Acquisition (Tables)

Acquisition (Tables)	1 Months Ended
	Mar. 04, 2019
Business Combinations [Abstract]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	Amounts recorded for assets acquired and liabilities assumed on the acquisition date were as follows: ($ in millions) As of March 4, 2019 Inventory $ 34 Property and equipment 15 Operating lease assets 51 Intangible assets 37 Net assets acquired 137 Operating lease liabilities (64 ) Other liabilities (4 ) Total consideration paid $ 69

Recent Accounting Pronouncement

Recent Accounting Pronouncements - Additional Information (Details) - USD ($)	6 Months Ended
	Aug. 03, 2019	May 04, 2019	Feb. 03, 2019	Feb. 02, 2019	Aug. 04, 2018	Feb. 03, 2018
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Document Period End Date	Aug. 3, 2019
Cash and cash equivalents	$ 1,177,000,000			$ 1,081,000,000	$ 1,322,000,000
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents end of period	1,195,000,000			1,420,000,000	1,340,000,000	$ 1,799,000,000
Cumulative Effect of New Accounting Principle in Period of Adoption		$ 86,000,000
Contract with Customer Liabilities for Franchise Agreements	0				0
Accrued expenses and other current liabilities	908,000,000			1,024,000,000	1,026,000,000
Other current assets	$ 770,000,000			751,000,000	780,000,000
Current Fiscal Year End Date	--02-01
Operating Lease, Right-of-Use Asset	$ 5,807,000,000		$ 5,700,000,000	$ 0	0
Operating Lease, Liability	6,590,000,000		6,600,000,000
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			$ 86,000,000
Accounting Standards Update 2016-18 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cash and cash equivalents	1,177,000,000				1,322,000,000
Restricted Cash, Current	0				0
Restricted Cash, Noncurrent	18,000,000				18,000,000
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents end of period	$ 1,195,000,000				$ 1,340,000,000

Revenue (Details)

Revenue (Details) - USD ($)	3 Months Ended		6 Months Ended
	Aug. 03, 2019	Aug. 04, 2018	Aug. 03, 2019	Aug. 04, 2018	May 04, 2019	Feb. 02, 2019	May 05, 2018	Feb. 03, 2018
Revenue from Contract with Customer [Abstract]
Contract with Customer Liabilities for Franchise Agreements	$ 0	$ 0	$ 0	$ 0
Contract with Customer, Liability	195,000,000	194,000,000	195,000,000	194,000,000	$ 206,000,000	$ 227,000,000	$ 201,000,000	$ 232,000,000
Contract with Customer, Liability, Revenue Recognized	$ 71,000,000	$ 87,000,000	$ 134,000,000	$ 145,000,000

Debt and Credit Facilities Long

Debt and Credit Facilities Long Term Debt (Details) - USD ($) $ in Millions	Aug. 03, 2019	Feb. 02, 2019	Aug. 04, 2018
Debt Instrument [Line Items]
Total long-term debt	$ 1,249	$ 1,249	$ 1,249

Debt and Credit Facilities - Ad

Debt and Credit Facilities - Additional Information (Details) - USD ($) $ in Millions	6 Months Ended
	Aug. 03, 2019	Feb. 02, 2019	Aug. 04, 2018
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	$ 1,300	$ 1,300	$ 1,310
Foreign Facilities [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity	56
Borrowings	0
Bank guarantees related to store leases	17
Standby Letters of Credit [Member]
Debt Instrument [Line Items]
Unsecured committed letter of credit amount	$ 17
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

Fair Value Measurements - Finan

Fair Value Measurements - Financial Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Millions	6 Months Ended
	Aug. 03, 2019	Feb. 02, 2019	Aug. 04, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Document Period End Date	Aug. 3, 2019
Assets:
Cash equivalents	$ 312	$ 373	$ 481
Investments, Fair Value Disclosure	294	288	286
Derivative financial instruments	27	20	40
Deferred compensation plan assets	51	48	53
Debt Securities, Available-for-sale	2	2
Assets, Fair Value Disclosure	686	731	860
Liabilities:
Derivative financial instruments	9	11	7
Fair Value, Inputs, Level 1 [Member]
Assets:
Cash equivalents	31	26	21
Investments, Fair Value Disclosure	131	125	109
Derivative financial instruments	0	0	0
Deferred compensation plan assets	51	48	53
Debt Securities, Available-for-sale	0	0
Assets, Fair Value Disclosure	213	199	183
Liabilities:
Derivative financial instruments	0	0	0
Fair Value, Inputs, Level 2 [Member]
Assets:
Cash equivalents	281	347	460
Investments, Fair Value Disclosure	163	163	177
Derivative financial instruments	27	20	40
Deferred compensation plan assets	0	0	0
Debt Securities, Available-for-sale	0	0
Assets, Fair Value Disclosure	471	530	677
Liabilities:
Derivative financial instruments	9	11	7
Fair Value, Inputs, Level 3 [Member]
Assets:
Cash equivalents	0	0	0
Investments, Fair Value Disclosure	0	0	0
Derivative financial instruments	0	0	0
Deferred compensation plan assets	0	0	0
Debt Securities, Available-for-sale	2	2
Assets, Fair Value Disclosure	2	2	0
Liabilities:
Derivative financial instruments	$ 0	$ 0	$ 0

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Details) - USD ($)	3 Months Ended		6 Months Ended
	Aug. 03, 2019	Aug. 04, 2018	Aug. 03, 2019	Aug. 04, 2018	Feb. 02, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other indefinite-lived intangible assets impairment charges	$ 0	$ 0	$ 0	$ 0
Other long-lived asset impairment charges	0	0	0	0
Goodwill impairment charges	0	0	0	0
Transfers into or out of level 2	0	0	0	0
Transfers into or out of level 1	0	0	0	0
Purchases, sales, issuances, or settlements related to recurring level 3 measurements	0	0	$ 0	0
Document Period End Date			Aug. 3, 2019
Available-for-sale Securities, Current	294,000,000	286,000,000	$ 294,000,000	286,000,000	$ 288,000,000
Cash and Cash Equivalents, Fair Value Disclosure	15,000,000	14,000,000	15,000,000	$ 14,000,000
Debt Securities, Available-for-sale, Unrealized Gain (Loss)			0
Other-than-temporary Impairment Loss, Debt Securities, Available-for-sale	$ 0	$ 0	$ 0

Derivative Financial Instrume_3

Derivative Financial Instruments - Foreign Exchange Contracts Outstanding to Sell Various Currencies (Details) - USD ($) $ in Millions	Aug. 03, 2019	Feb. 02, 2019	Aug. 04, 2018
Derivative [Line Items]
Derivative, Notional Amount	$ 1,698	$ 1,434	$ 1,698
Derivatives in cash flow hedging relationships
Derivative [Line Items]
Derivative, Notional Amount	652	774	1,052
Not Designated as Hedging Instrument
Derivative [Line Items]
Derivative, Notional Amount	$ 1,046	$ 660	$ 646

Derivative Financial Instrume_4

Derivative Financial Instruments - Fair Values of Asset and Liability Derivative Financial Instruments (Details) - USD ($) $ in Millions	Aug. 03, 2019	Feb. 02, 2019	Aug. 04, 2018
Derivatives, Fair Value [Line Items]
Derivative financial instruments, assets	$ 27	$ 20	$ 40
Derivative financial instruments, liabilities	9	11	7
Foreign Exchange Forward Contract
Derivatives, Fair Value [Line Items]
Derivative financial instruments, assets	27	20	40
Derivative financial instruments, liabilities	9	11	7
Derivatives in cash flow hedging relationships | Foreign Exchange Forward Contract | Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative financial instruments, assets	15	15	19
Derivatives in cash flow hedging relationships | Foreign Exchange Forward Contract | Other Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative financial instruments, assets	1	0	7
Derivatives in cash flow hedging relationships | Foreign Exchange Forward Contract | Accrued Liabilities Current [Member]
Derivatives, Fair Value [Line Items]
Derivative financial instruments, liabilities	1	3	3
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	1	0	1
Not Designated as Hedging Instrument | Foreign Exchange Forward Contract | Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative financial instruments, assets	11	5	14
Not Designated as Hedging Instrument | Foreign Exchange Forward Contract | Accrued Liabilities Current [Member]
Derivatives, Fair Value [Line Items]
Derivative financial instruments, liabilities	$ 7	$ 8	$ 3

Derivative Financial Instrume_5

Derivative Financial Instruments - Effects Of Derivative Financial Instruments On OCI And Condensed Consolidated Statements Of Income (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Aug. 03, 2019	Aug. 04, 2018	Aug. 03, 2019	Aug. 04, 2018
Derivative Instruments, Gain (Loss) [Line Items]
Cost of goods sold and occupancy expenses	$ 2,449	$ 2,458	$ 4,811	$ 4,814
Operating Expenses	1,274	1,229	2,302	2,427
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	0	0
Cost of Goods Sold and Occupancy Expense
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) reclassified from accumulated OCI into income, effective portion, net	(6)	0	(12)	(3)
Operating Expenses [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) reclassified from accumulated OCI into income, effective portion, net	(3)	(12)	(12)	(24)
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	2	21	15	43
Foreign Exchange Forward Contract | Cost of Goods Sold and Occupancy Expense | Not Designated as Hedging Instrument
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) reclassified from accumulated OCI into income, effective portion, net	0	0	0	0
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	(6)	0	(12)	(3)
Foreign Exchange Forward Contract | Operating Expenses [Member] | Not Designated as Hedging Instrument
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) reclassified from accumulated OCI into income, effective portion, net	(3)	(12)	(12)	(24)
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	$ 0	$ 0

Derivative Financial Instrume_6

Derivative Financial Instruments - Additional Information (Details) - USD ($) $ in Millions	Aug. 03, 2019	Feb. 02, 2019	Aug. 04, 2018
Derivative [Line Items]
Amounts Subject to Enforceable Master Netting Arrangements	$ 3	$ 4	$ 4
Derivative assets, net of amount subject to master netting arrangement	24	16	36
Derivative liabilities, net of amount subject to master netting arrangement	$ 6	$ 7	$ 3

Share Repurchase Activity (Deta

Share Repurchase Activity (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions		3 Months Ended		6 Months Ended
		Aug. 03, 2019	Aug. 04, 2018	Aug. 03, 2019	Aug. 04, 2018
Disclosure Share Repurchase Activity [Abstract]
Number of shares repurchased	[1]	2.7	3.2	4.6	6.4
Total cost		$ 50	$ 100	$ 100	$ 200
Average per share cost including commissions (in dollars per share)		$ 18.41	$ 30.95	$ 21.54	$ 31.08
[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	Aug. 03, 2019	Feb. 26, 2019	Feb. 02, 2019	Aug. 04, 2018
Disclosure Share Repurchases Additional Information [Abstract]
Stock Repurchase Program, Authorized Amount		$ 1,000
Share repurchases, remaining amount	$ 900		$ 287
Stock Repurchase Program Amount Not Paid	$ 0		$ 0	$ 0

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Details) - USD ($) $ in Millions	3 Months Ended				6 Months Ended
	Aug. 03, 2019	May 04, 2019	Aug. 04, 2018	May 05, 2018	Aug. 03, 2019	Aug. 04, 2018	Feb. 02, 2019	Feb. 03, 2018
Foreign currency translation	$ 0	$ (1)	$ (16)	$ (7)	$ (1)	$ (23)
Change in fair value of derivative financial instruments	1	9	18	28	10	46
Amounts reclassified from accumulated other comprehensive income	(3)	(4)	0	(6)	(7)	(6)
Other comprehensive income (loss), net of tax	(2)	4	2	15	2	17
Accumulated Other Comprehensive Income (Loss), Net of Tax	55	57	53	51	55	53	$ 53	$ 36
Accumulated Translation Adjustment [Member]
Foreign currency translation	0	(1)	(16)	(7)
Change in fair value of derivative financial instruments	0	0	0	0
Amounts reclassified from accumulated other comprehensive income	0	0	0	0
Other comprehensive income (loss), net of tax	0	(1)	(16)	(7)
Accumulated Other Comprehensive Income (Loss), Net of Tax	46	46	41	57	46	41	47	64
Derivatives in cash flow hedging relationships
Foreign currency translation	0	0	0	0
Change in fair value of derivative financial instruments	1	9	18	28
Amounts reclassified from accumulated other comprehensive income	(3)	(4)	0	(6)
Other comprehensive income (loss), net of tax	(2)	5	18	22
Accumulated Other Comprehensive Income (Loss), Net of Tax	$ 9	$ 11	$ 12	$ (6)	$ 9	$ 12	$ 6	$ (28)

Share-Based Compensation Expens

Share-Based Compensation Expense (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Aug. 03, 2019	Aug. 04, 2018	Aug. 03, 2019	Aug. 04, 2018	May 04, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Cumulative Effect of New Accounting Principle in Period of Adoption					$ 86
Share-based compensation expense	$ 23	$ 27	$ 47	$ 48
Less: Income tax benefit	(9)	(6)	(15)	(12)
Share-based compensation expense, net of tax	14	21	32	36
Stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	17	22	36	38
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	5	4	9	8
Employee stock purchase plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 1	$ 1	$ 2	$ 2

Lease cost (Details)

Lease cost (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Aug. 03, 2019	Aug. 03, 2019
Leases [Abstract]
Operating Lease, Cost	$ 301	$ 597
Variable Lease, Cost	156	321
Sublease Income	(1)	(6)
Lease, Cost	$ 456	$ 912

Minimum lease liability ASC 842

Minimum lease liability ASC 842 (Details) - USD ($) $ in Millions	Aug. 03, 2019	Feb. 03, 2019	Feb. 02, 2019	Aug. 04, 2018
Leases [Abstract]
Lessee, Operating Lease, Liability, Payments, Due Year Two	$ 1,150
Lessee, Operating Lease, Liability, Payments, Remainder of Fiscal Year	608
Lessee, Operating Lease, Liability, Payments, Due Year Three	1,024
Lessee, Operating Lease, Liability, Payments, Due Year Four	913
Lessee, Operating Lease, Liability, Payments, Due Year Five	811
Operating Leases, Future Minimum Payments Receivable, Thereafter	3,665
Lessee, Operating Lease, Liability, Payments, Due	8,171
Lessee, Operating Lease, Liability, Undiscounted Excess Amount	(1,581)
Operating Lease, Liability, Current	(946)		$ 0	$ 0
Operating Lease, Liability	6,590	$ 6,600
Operating Lease, Liability, Noncurrent	$ 5,644		$ 0	$ 0

Minimum lease liability ASC 840

Minimum lease liability ASC 840 (Details) $ in Millions	Feb. 02, 2019USD ($)
Leases [Abstract]
Operating Leases, Future Minimum Payments Due, Next Twelve Months	$ 1,156
Operating Leases, Future Minimum Payments, Due in Two Years	1,098
Operating Leases, Future Minimum Payments, Due in Three Years	892
Operating Leases, Future Minimum Payments, Due in Four Years	730
Operating Leases, Future Minimum Payments, Due Thereafter	539
Operating Leases, Future Minimum Payments, Due Thereafter	1,520
Operating Leases, Future Minimum Payments Due	$ 5,935

Leases additional information (

Leases additional information (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended	12 Months Ended
	Aug. 03, 2019	Aug. 03, 2019	Feb. 02, 2019
Leases [Abstract]
Operating Leases, Income Statement, Sublease Revenue			$ 12
Latest Lease Expiration Date	2040
Operating Lease, Right-of-Use Asset	$ 290	$ 456
Minimum Lease Commitment Signed Not Yet Commenced	$ 304	$ 304
Operating Lease, Weighted Average Remaining Lease Term	8 years 7 months 6 days	8 years 7 months 6 days
Operating Lease, Weighted Average Discount Rate, Percent	4.70%	4.70%

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Aug. 03, 2019	Aug. 04, 2018	Aug. 03, 2019	Aug. 04, 2018
Income Tax Disclosure [Abstract]
Effective Income Tax Rate Reconciliation, Percent	38.00%	23.50%	31.10%	24.10%
Decrease In Gross Unrecognized Tax Benefits Within The Next 12 Months	$ 4		$ 4
Benefit To Income Taxes If Decrease In Gross Unrecognized Tax Benefits Within 12 Months Are Recognized			$ 0

Earnings Per Share - Weighted A

Earnings Per Share - Weighted Average Number of Shares (Details) - shares shares in Millions	3 Months Ended		6 Months Ended
	Aug. 03, 2019	Aug. 04, 2018	Aug. 03, 2019	Aug. 04, 2018
Earnings Per Share [Abstract]
Weighted-average number of shares - basic (in shares)	378	387	378	388
Common stock equivalents (in shares)	1	3	2	3
Weighted-average number of shares - diluted (in shares)	379	390	380	391

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Details) - shares shares in Millions	3 Months Ended		6 Months Ended
	Aug. 03, 2019	Aug. 04, 2018	Aug. 03, 2019	Aug. 04, 2018
Earnings Per Share [Abstract]
Shares excluded from the computations of weighted-average number of shares - diluted	17	6	13	6

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Details) - USD ($) $ in Millions	Aug. 03, 2019	Feb. 02, 2019	Aug. 04, 2018
Commitments and Contingencies [Line Items]
Loss Contingency, Estimate of Possible Loss	$ 0	$ 0	$ 0

Segment Information - Net Sales

Segment Information - Net Sales by Brand and Region (Details) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Aug. 03, 2019	Aug. 04, 2018	Aug. 03, 2019	Aug. 04, 2018
Segment Reporting Information [Line Items]
Net Sales	[1]	$ 4,005	$ 4,085	$ 7,711	$ 7,868
Percentage of Net Sales	[1]	100.00%	100.00%	100.00%	100.00%
U.S.
Segment Reporting Information [Line Items]
Net Sales	[1],[2]	$ 3,300	$ 3,322	$ 6,322	$ 6,340
Percentage of Net Sales	[1],[2]	83.00%	82.00%	82.00%	81.00%
Canada
Segment Reporting Information [Line Items]
Net Sales	[1]	$ 286	$ 303	$ 531	$ 558
Percentage of Net Sales	[1]	7.00%	7.00%	7.00%	7.00%
Europe
Segment Reporting Information [Line Items]
Net Sales	[1]	$ 135	$ 148	$ 259	$ 287
Percentage of Net Sales	[1]	3.00%	4.00%	3.00%	4.00%
Asia
Segment Reporting Information [Line Items]
Net Sales	[1]	$ 235	$ 262	$ 504	$ 583
Percentage of Net Sales	[1]	6.00%	6.00%	7.00%	7.00%
Other Regions
Segment Reporting Information [Line Items]
Net Sales	[1]	$ 49	$ 50	$ 95	$ 100
Percentage of Net Sales	[1]	1.00%	1.00%	1.00%	1.00%
Gap
Segment Reporting Information [Line Items]
Net Sales	[1]	$ 1,086	$ 1,225	$ 2,138	$ 2,429
Gap | U.S.
Segment Reporting Information [Line Items]
Net Sales	[1],[2]	645	728	1,253	1,408
Gap | Canada
Segment Reporting Information [Line Items]
Net Sales	[1]	85	94	154	171
Gap | Europe
Segment Reporting Information [Line Items]
Net Sales	[1]	131	145	252	280
Gap | Asia
Segment Reporting Information [Line Items]
Net Sales	[1]	201	229	434	513
Gap | Other Regions
Segment Reporting Information [Line Items]
Net Sales	[1]	24	29	45	57
Old Navy
Segment Reporting Information [Line Items]
Net Sales	[1]	1,972	1,992	3,771	3,737
Old Navy | U.S.
Segment Reporting Information [Line Items]
Net Sales	[1],[2]	1,794	1,816	3,435	3,406
Old Navy | Canada
Segment Reporting Information [Line Items]
Net Sales	[1]	148	151	276	278
Old Navy | Europe
Segment Reporting Information [Line Items]
Net Sales	[1]	0	0	0	0
Old Navy | Asia
Segment Reporting Information [Line Items]
Net Sales	[1]	11	11	21	23
Old Navy | Other Regions
Segment Reporting Information [Line Items]
Net Sales	[1]	19	14	39	30
Banana Republic
Segment Reporting Information [Line Items]
Net Sales	[1]	616	604	1,184	1,168
Banana Republic | U.S.
Segment Reporting Information [Line Items]
Net Sales	[1],[2]	530	514	1,017	993
Banana Republic | Canada
Segment Reporting Information [Line Items]
Net Sales	[1]	53	58	100	108
Banana Republic | Europe
Segment Reporting Information [Line Items]
Net Sales	[1]	4	3	7	7
Banana Republic | Asia
Segment Reporting Information [Line Items]
Net Sales	[1]	23	22	49	47
Banana Republic | Other Regions
Segment Reporting Information [Line Items]
Net Sales	[1]	6	7	11	13
Other
Segment Reporting Information [Line Items]
Net Sales	[1],[3]	331	264	618	534
Other | U.S.
Segment Reporting Information [Line Items]
Net Sales	[1],[2],[3]	331	264	617	533
Other | Canada
Segment Reporting Information [Line Items]
Net Sales	[1],[3]	0	0	1	1
Other | Europe
Segment Reporting Information [Line Items]
Net Sales	[1],[3]	0	0	0	0
Other | Asia
Segment Reporting Information [Line Items]
Net Sales	[1],[3]	0	0	0	0
Other | Other Regions
Segment Reporting Information [Line Items]
Net Sales	[1],[3]	$ 0	$ 0	$ 0	$ 0
[1]	U.S. includes the United States, Puerto Rico, and Guam.
[2]	Primarily consists of net sales for the Athleta and Intermix brands, as well as a portion of income related to our credit card agreement. Beginning in the third quarter of fiscal year 2018, the Hill City brand is also included.
[3]	Beginning on March 4, 2019, Banana Republic Global includes net sales for the Janie and Jack brand.

Segment Information - Additiona

Segment Information - Additional Information (Details)	6 Months Ended
	Aug. 03, 2019Segment
Segment Reporting [Abstract]
Number of reportable segments (in segments)	1

Acquired assets and liabilities

Acquired assets and liabilities (Details) $ in Millions	Mar. 04, 2019USD ($)
Business Combinations [Abstract]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Inventory	$ 34
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	15
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles	37
Business Acquisition Operating Lease ROU	51
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net	137
Business Acquisition Operating Liabilities	(64)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other	(4)
Consideration Paid for Acquisition	$ 69

Additional Acquisition (Details

Additional Acquisition (Details) $ in Millions	Mar. 04, 2019USD ($)
Business Combinations [Abstract]
Consideration Paid for Acquisition	$ 69