The Gap, Inc. (GAP) 10-Q 25 Nov 20 2020 Q3 Quarterly report Financial data

Cover Page

Cover Page - shares	9 Months Ended
	Oct. 31, 2020	Nov. 18, 2020
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Oct. 31, 2020
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		374,029,098
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q3
Entity Central Index Key	0000039911
Current Fiscal Year End Date	--01-30
Amendment Flag	false

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) shares in Thousands, $ in Millions	Oct. 31, 2020	Feb. 01, 2020	Nov. 02, 2019
Current assets:
Cash and cash equivalents	$ 2,471	$ 1,364	$ 788
Available-for-sale Securities, Current	178	290	294
Merchandise inventory	2,747	2,156	2,720
Other current assets	966	706	770
Total current assets	6,362	4,516	4,572
Property and equipment, net of accumulated depreciation of $5,891, $5,839, and $5,999	2,846	3,122	3,225
Operating Lease, Right-of-Use Asset	4,460	5,402	5,796
Other long-term assets	705	639	525
Total assets	14,373	13,679	14,118
Current liabilities:
Accounts payable	2,284	1,174	1,241
Accrued expenses and other current liabilities	1,283	1,067	974
Operating Lease, Liability, Current	823	920	934
Income taxes payable	41	48	43
Total current liabilities	4,431	3,209	3,192
Long-term liabilities:
Total long-term debt	2,214	1,249	1,249
Lease incentives and other long-term liabilities	458	397	393
Operating Lease, Liability, Noncurrent	4,899	5,508	5,650
Total long-term liabilities	7,571	7,154	7,292
Commitments and contingencies (see Note 9)
Common stock, shares outstanding (in shares)	374,000	371,000	373,000
Stockholders' equity:
Authorized 2,300 shares for all periods presented; Issued and Outstanding 371, 371, and 373 shares	$ 19	$ 19	$ 19
Additional Paid in Capital	60	0	0
Retained earnings	2,268	3,257	3,573
Amounts reclassified from accumulated other comprehensive income	24	40	42
Total stockholders' equity	2,371	3,316	3,634
Total liabilities and stockholders' equity	14,373	13,679	14,118
Property and equipment, accumulated depreciation	$ 5,891	$ 5,839	$ 5,999
Common stock, shares issued (in shares)	374,000	371,000	373,000
Common stock, shares authorized (in shares)	2,300,000	2,300,000	2,300,000
Common stock, par value (in dollars per share)	$ 50,000	$ 50,000	$ 50,000

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019
Net Sales	$ 3,994	$ 3,998	$ 9,376	$ 11,709
Cost of goods sold and occupancy expenses	2,374	2,439	6,339	7,250
Gross profit	1,620	1,559	3,037	4,459
Operating Expenses	1,445	1,338	4,033	3,640
Operating income (loss)	175	221	(996)	819
Gain (Loss) on Extinguishment of Debt	0	0	58	0
Interest Expense	55	19	132	58
Interest income	(1)	(7)	(7)	(21)
Income (loss) before income taxes	121	209	(1,179)	782
Income taxes	26	69	(280)	247
Net income (loss)	$ 95	$ 140	$ (899)	$ 535
Weighted-average number of shares - basic (in shares)	374	375	373	377
Weighted-average number of shares - diluted (in shares)	380	376	373	379
Earnings (loss) per share - basic (in dollars per share)	$ 0.25	$ 0.37	$ (2.41)	$ 1.42
Earnings (loss) per share - diluted (in dollars per share)	$ 0.25	$ 0.37	$ (2.41)	$ 1.41

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019
Net income (loss)	$ 95	$ 140	$ (899)	$ 535
Other comprehensive income (loss), net of tax:
Foreign currency translation	5	(4)	(14)	(5)
Change in fair value of derivative financial instruments, net of tax of $-, $-, $1, and $5	(2)	0	9	10
Reclassification adjustment for gains on derivative financial instruments, net of tax of $(1), $-, $(2), and $(5)	(1)	(9)	(11)	(16)
Other comprehensive income (loss), net of tax	2	(13)	(16)	(11)
Comprehensive income (loss)	97	127	(915)	524
Change in fair value of derivative financial instruments, net of tax (tax benefit)	0	0	1	5
Reclassification adjustment for (gains) losses on derivative financial instruments, net of (tax) tax benefit	$ (1)	$ 0	$ (2)	$ (5)

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 [Member]
Common stock, shares issued (in shares)		378
Stockholders' Equity Attributable to Parent	$ 3,553	$ 19	$ 0	$ 3,481	$ 53
Net income (loss)	535			535
Stock Repurchased and Retired During Period, Shares		(8)
Reclassification from AOCI, Current Period, Net of Tax, Attributable to Parent	(16)				(16)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	(5)				(5)
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax	10				10
Stock Repurchased and Retired During Period, Value	(150)	$ 0	67	83
Stock Issued During Period, Shares, Other						1	2
Stock Issued During Period, Value, Other	22	0	22
Share-based Payment Arrangement, Decrease for Tax Withholding Obligation	(21)	$ 0	(21)
APIC, Share-based Payment Arrangement, Increase for Cost Recognition	$ 66		66
Common Stock, Dividends, Per Share, Declared	$ 0.7275
Dividends, Cash	$ (274)			(274)
Common stock, shares issued (in shares)		376
Stockholders' Equity Attributable to Parent	3,625	$ 19	0	3,551	55
Net income (loss)	140			140
Stock Repurchased and Retired During Period, Shares		(3)
Reclassification from AOCI, Current Period, Net of Tax, Attributable to Parent	(9)				(9)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	(4)				(4)
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax	0				0
Stock Repurchased and Retired During Period, Value	(50)	$ 0	(23)	(27)
Stock Issued During Period, Shares, Other						0	0
Stock Issued During Period, Value, Other	5	0	5
Share-based Payment Arrangement, Decrease for Tax Withholding Obligation	(1)	$ 0	(1)
APIC, Share-based Payment Arrangement, Increase for Cost Recognition	$ 19		19
Common Stock, Dividends, Per Share, Declared	$ 0.2425
Dividends, Cash	$ (91)			(91)
Common stock, shares issued (in shares)	373	373
Stockholders' Equity Attributable to Parent	$ 3,634	$ 19	0	3,573	42
Common stock, shares issued (in shares)	371	371
Stockholders' Equity Attributable to Parent	$ 3,316	$ 19	0	3,257	40
Net income (loss)	(899)			(899)
Reclassification from AOCI, Current Period, Net of Tax, Attributable to Parent	(11)				(11)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	(14)				(14)
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax	9				9
Stock Issued During Period, Shares, Other						1	2
Stock Issued During Period, Value, Other	16	0	16
Share-based Payment Arrangement, Decrease for Tax Withholding Obligation	(8)	$ 0	(8)
APIC, Share-based Payment Arrangement, Increase for Cost Recognition	$ 52		52
Common Stock, Dividends, Per Share, Declared	$ 0.2425
Dividends, Cash	$ (90)			(90)
Common stock, shares issued (in shares)		374
Stockholders' Equity Attributable to Parent	2,253	$ 19	39	2,173	22
Net income (loss)	95			95
Reclassification from AOCI, Current Period, Net of Tax, Attributable to Parent	(1)				(1)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	5				5
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax	(2)				(2)
Stock Issued During Period, Shares, Other						0	0
Stock Issued During Period, Value, Other	4	0	4
Share-based Payment Arrangement, Decrease for Tax Withholding Obligation	0	$ 0	0
APIC, Share-based Payment Arrangement, Increase for Cost Recognition	17		17
Dividends, Cash	$ 0			0
Common stock, shares issued (in shares)	374	374
Stockholders' Equity Attributable to Parent	$ 2,371	$ 19	$ 60	$ 2,268	$ 24

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019
Cash flows from operating activities:
Net income (loss)	$ (899)	$ 535
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	381	417
Other Asset Impairment Charges	127	9
Gain (Loss) on Extinguishment of Debt	58	0
Amortization of Debt Issuance Costs	8	1
Operating Lease, Impairment Loss	361	1
Share-based compensation	55	64
Non-cash and other items	0	(4)
Gain (Loss) on Disposition of Property Plant Equipment	0	(191)
Deferred income taxes	(74)	42
Changes in operating assets and liabilities:
Merchandise inventory	590	559
Other current assets and other long-term assets	37	8
Accounts payable	1,120	129
Accrued expenses and other current liabilities	98	28
Income taxes payable, net of receivables and other tax-related items	(206)	89
Lease incentives and other long-term liabilities	54	19
Operating lease assets and liabilities, net	(131)	(60)
Net cash provided by (used for) operating activities	399	528
Cash flows from investing activities:
Proceeds from Sale of Buildings	0	220
Purchases of property and equipment	(288)	(523)
Payments to Acquire Short-term Investments	(237)	(235)
Proceeds from Sale, Maturity and Collection of Short-term Investments	348	231
Payments to Acquire Businesses, Net of Cash Acquired	0	(69)
Payments to Acquire Buildings	0	(343)
Other	2	0
Net cash provided by (used for) investing activities	(175)	(719)
Cash flows from financing activities:
Proceeds from issuances under share-based compensation plans	16	22
Withholding tax payments related to vesting of stock units	(8)	(21)
Repurchases of common stock	0	(150)
Cash dividends paid	0	(274)
Proceeds from issuance of long-term debt	2,250	0
Proceeds from Lines of Credit	500
Repayments of Long-term Debt	(1,307)	0
Payments of Debt Issuance Costs	(61)	0
Repayments of Lines of Credit	(500)	0
Net cash provided by (used for) financing activities	890	(423)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	4	0
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect	1,118	(614)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents beginning of period	1,381	1,420
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents end of period	2,499	806
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities	41	75
Cash paid for income taxes during the period, net of refunds	$ 8	$ 117

Accounting Policies

Accounting Policies	9 Months Ended
	Oct. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation and Accounting Policies [Text Block]	Note 1. Accounting Policies Basis of Presentation The Condensed Consolidated Balance Sheets as of October 31, 2020 and November 2, 2019, and the Condensed Consolidated Statements of Operations, the Condensed Consolidated Statements of Comprehensive Income (Loss), and the Condensed Consolidated Statements of Stockholders' Equity for the thirteen and thirty-nine weeks ended October 31, 2020 and November 2, 2019, and the Condensed Consolidated Statements of Cash Flows for the thirty-nine weeks ended October 31, 2020 and November 2, 2019, have been prepared by The Gap, Inc. (the “Company,” “we,” and “our”). In the opinion of management, such statements contain all normal and recurring adjustments (except as otherwise disclosed) considered necessary to present fairly our financial position, results of operations, comprehensive income (loss), stockholders' equity, and cash flows as of October 31, 2020 and November 2, 2019 and for all periods presented. The Condensed Consolidated Balance Sheet as of February 1, 2020 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 1, 2020. The results of operations for the thirteen and thirty-nine weeks ended October 31, 2020 are not necessarily indicative of the operating results that may be expected for the 52-week period ending January 30, 2021. COVID-19 In March 2020, the World Health Organization declared the coronavirus disease ("COVID-19") a global pandemic and recommended containment and mitigation measures worldwide. As a result, we temporarily closed our North America retail stores and a large number of our stores globally. In May 2020, we began to safely reopen our temporarily closed stores in accordance with local government guidelines and most stores were open during the thirteen weeks ended October 31, 2020. Beginning in late October 2020, several European countries instituted new lockdown mandates to contain surging COVID-19 cases and as a result we have temporarily closed certain stores in Europe. We will continue to monitor regional mandates for additional temporary store closures as they arise. During the thirty-nine weeks ended October 31, 2020, the Company implemented several actions including completing the issuance of our Senior Secured Notes for $2.25 billion due 2023 (“2023 Notes”), 2025 (“2025 Notes”), and 2027 (“2027 Notes”) (collectively, the “Notes”) and entering into a third amended and restated senior secured asset-based revolving credit agreement (the "ABL Facility") in May 2020. See Note 3 of Notes to Condensed Consolidated Financial Statements for further details related to our debt and credit facilities. Additionally, we suspended share repurchases and dividends and deferred the first quarter of fiscal 2020 dividend in March 2020. As a result of COVID-19, we suspended rent payments beginning in April 2020 due to our temporarily closed stores and are continuing to work through negotiations with our landlords relating to those leases. We considered the Financial Accounting Standards Board's ("FASB") guidance regarding lease modifications as a result of the effects of COVID-19 and elected to apply the temporary practical expedient to account for lease changes as variable rent unless an amendment results in a substantial change in the Company's lease obligations. As of October 31, 2020, the impact of applying the temporary practical expedient was not material to our Condensed Consolidated Financial Statements. In response to COVID-19, various governments worldwide have enacted, or are in the process of enacting, measures to provide relief to businesses negatively affected by the pandemic. On March 27, 2020, the Coronavirus Aid, Relief and Economic Security Act ("CARES Act") was signed into law in the United States. The CARES Act provides relief to U.S. corporations through financial assistance programs and modifications to certain payroll and income tax provisions. In connection with CARES Act and other financial relief measures worldwide, the Company has recognized $67 million of payroll related credits for the thirty-nine weeks ended October 31, 2020. The payroll related credits are recorded as a reduction within operating expenses in the Condensed Consolidated Statements of Operations. The Company is also considering certain other beneficial provisions of the CARES Act, including the net operating loss carryback provision. See Note 7 of Notes to Condensed Consolidated Financial Statements for more information on the estimated income tax impact of the CARES Act. We continue to consider the impact of COVID-19 on the assumptions and estimates used when preparing these quarterly financial statements including inventory valuation, lease accounting impacts, income taxes, and the impairment of long-lived store assets and operating lease assets. These assumptions and estimates may change as the current situation evolves or new events occur and additional information is obtained. If the economic conditions caused by COVID-19 worsen beyond what is currently estimated by management, such future changes may have an adverse impact on the Company's results of operations, financial position, and liquidity. 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 October 31, 2020, restricted cash primarily included consideration that serves as collateral for certain obligations occurring in the normal course of business and 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) October 31, February 1, November 2, Cash and cash equivalents, per Condensed Consolidated Balance Sheets $ 2,471 $ 1,364 $ 788 Restricted cash included in other current assets 4 — — Restricted cash included in other long-term assets 24 17 18 Total cash, cash equivalents, and restricted cash, per Condensed Consolidated Statements of Cash Flows $ 2,499 $ 1,381 $ 806 Accounting Pronouncements Recently Adopted 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 accounting standards update ("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. We adopted this ASU on a prospective basis on February 2, 2020. The adoption of this standard did not have a material impact on our Condensed Consolidated Financial Statements or related disclosures. 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 Condensed Consolidated Financial Statements, based on current information. ASU No. 2019-12, Simplifying the Accounting for Income Taxes In December 2019, the FASB issued ASU No. 2019-12, Simplifying the Accounting for Income Taxes. The ASU is intended to enhance and simplify aspects of the income tax accounting guidance in ASC 740 as part of the FASB's simplification initiative. This guidance is effective for fiscal years and interim periods within those years beginning after December 15, 2020 with early adoption permitted. The Company will adopt this ASU on January 31, 2021 and does not expect there to be a material impact on our Condensed Consolidated Financial Statements.

Revenue

Revenue	9 Months Ended
	Oct. 31, 2020
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer [Text Block]	RevenueThe Company’s revenues include merchandise sales at stores, online, and through franchise agreements, as well as the newly introduced business-to-business ("B2B") program. 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, the Company has elected to treat shipping and handling as fulfillment activities and not as a separate performance obligation. Accordingly, we recognize revenue for our single performance obligation related to online 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 Operations. We also have franchise agreements with unaffiliated franchisees to operate Gap, Banana Republic, Old Navy, and Athleta 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. There were no material contract liabilities related to our franchise agreements for all periods presented. 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 October 31, 2020, the opening balance of deferred revenue for these obligations was $189 million, of which $68 million was recognized as revenue during the period. For the thirty-nine weeks ended October 31, 2020, the opening balance of deferred revenue for these obligations was $226 million, of which $140 million was recognized as revenue during the period. The closing balance of deferred revenue for these obligations was $191 million as of October 31, 2020. We expect that the majority of our revenue deferrals as of the quarter ended October 31, 2020, will be recognized as revenue in the next twelve months as our performance obligations are satisfied. For the thirteen weeks ended November 2, 2019, the opening balance of deferred revenue for these obligations was $195 million, of which $78 million was recognized as revenue during the period. For the thirty-nine weeks ended November 2, 2019, the opening balance of deferred revenue for these obligations was $227 million, of which $161 million was recognized as revenue during the period. The closing balance of deferred revenue for these obligations was $189 million as of November 2, 2019. Net sales disaggregated for stores and online sales for the thirteen and thirty-nine weeks ended October 31, 2020 and November 2, 2019 was as follows: 13 Weeks Ended 39 Weeks Ended ($ in millions) October 31, 2020 November 2, 2019 October 31, 2020 November 2, 2019 Store sales (1) $ 2,379 $ 2,992 $ 5,129 $ 8,981 Online sales (2) 1,615 1,006 4,247 2,728 Total net sales $ 3,994 $ 3,998 $ 9,376 $ 11,709 __________ (1) Store sales primarily include sales made at our Company-operated stores and franchise sales. Fiscal 2020 store sales were negatively impacted by COVID-19. See Note 1 of Notes to Condensed Consolidated Financial Statements for further details. (2) Online sales primarily include sales made through our online channels including curbside pick-up, ship-from-store sales, buy online pick-up in store sales, and order-in-store sales. Additionally, beginning in the second quarter of fiscal 2020, sales from the B2B program are also included. See Note 10 of Notes to Condensed Consolidated Financial Statements for further disaggregation of revenue by brand and by region.

Debt and Credit Facilities

Debt and Credit Facilities	9 Months Ended
	Oct. 31, 2020
Debt Disclosure [Abstract]
Debt and Credit Facilities	Debt and Credit Facilities Long-term debt recorded on the Condensed Consolidated Balance Sheets consists of the following: ($ in millions) October 31, February 1, November 2, 2021 Notes $ — $ 1,249 $ 1,249 2023 Notes 500 — — 2025 Notes 750 — — 2027 Notes 1,000 — — Less: Unamortized debt issuance costs (36) — — Total long-term debt $ 2,214 $ 1,249 $ 1,249 In June 2020, we redeemed our $1.25 billion aggregate principal amount of 5.95 percent notes due April 2021 (the "2021 Notes"). We incurred a loss on extinguishment of debt of $58 million, primarily related to the make-whole premium, which was recorded on the Condensed Consolidated Statement of Operations. Prior to redeeming our 2021 Notes, the aggregate principal amount of the 2021 Notes was recorded in long-term debt on the Condensed Consolidated Balance Sheets, net of the unamortized discount. Following the redemption, our obligations under the 2021 Notes were discharged. In May 2020, we completed the issuance of the Notes in a private placement to qualified buyers and received gross proceeds of $2.25 billion. Concurrently with the issuance of the Notes, the Company amended the existing unsecured revolving credit facility with the ABL Facility which is scheduled to expire in May 2023. During the second quarter of fiscal 2020, we paid and recorded debt issuance costs related to the Notes and ABL Facility within long-term debt and other long-term assets on the Condensed Consolidated Balance Sheet, which will continue to be amortized through interest expense over the life of the related instrument. The scheduled maturity of the Notes is as follows: Scheduled Maturity ($ in millions) Principal Interest Rate Interest Payments Senior Secured Notes (1) May 15, 2023 $ 500 8.375 % Semi-Annual May 15, 2025 750 8.625 % Semi-Annual May 15, 2027 1,000 8.875 % Semi-Annual Total issuance $ 2,250 __________ (1) Includes an option to call the Notes in whole or in part at any time, subject to a make-whole premium. As of October 31, 2020, the estimated fair value of the Notes was $2.54 billion and was based on the quoted market price for each of the Notes (level 1 inputs) as of the last business day of the fiscal quarter. The aggregate principal amount of the Notes is recorded in long-term debt on the Condensed Consolidated Balance Sheet, net of the unamortized debt issuance cost. The ABL Facility has a $1.8675 billion borrowing capacity and bears interest at a base rate (typically LIBOR) plus a margin depending on borrowing base availability. We also have the ability to issue letters of credit on our ABL Facility. As of October 31, 2020, we had $48 million in standby letters of credit issued under the ABL Facility. There were no borrowings under the ABL Facility as of October 31, 2020. The Notes are secured by the Company's real and intellectual property and equipment and intangibles. The Notes contain covenants that limit the Company’s ability to, among other things: (i) grant or incur liens on the collateral; (ii) incur, assume or guarantee additional indebtedness; (iii) enter into sale and lease-back transactions; (iv) sell or otherwise dispose of assets that are collateral; and (v) make certain restricted payments or other investments. The Notes are also subject to certain provisions related to default that, if triggered, could result in acceleration of the maturity of the Notes. The ABL Facility agreement is secured by specified assets, including a first lien on inventory, accounts receivable and bank accounts. The Notes are also secured by a second priority lien on certain assets securing the ABL Facility, which includes security interests in inventory, accounts receivable and bank accounts, subject to certain exceptions and permitted liens. In addition, the ABL Facility agreement is secured by a second lien on certain assets securing the Notes. The ABL Facility contains customary covenants restricting the Company's activities, as well as those of its subsidiaries, including limitations on the ability to sell assets, engage in mergers, or other fundamental changes, enter into capital leases or certain leases not in the ordinary course of business, enter into transactions involving related parties or derivatives, incur or prepay indebtedness, grant liens or negative pledges on its assets, make loans or other investments, pay dividends or repurchase stock or other securities, guarantee third-party obligations, engage in sale and lease-back transactions and make changes in its corporate structure. There are exceptions to these covenants, and some are only applicable when unused availability falls below specified thresholds. In addition, the ABL Facility includes, as a financial covenant, a springing fixed charge coverage ratio which arises when availability falls below a specified threshold. As of October 31, 2020, we were in compliance with the applicable financial covenants and expect to maintain compliance for the next twelve months. We also maintain multiple agreements with third parties that make unsecured revolving credit facilities available for our operations in foreign locations (the “Foreign Facilities”). The Foreign Facilities are uncommitted and had a total capacity of $58 million as of October 31, 2020. As of October 31, 2020, there were no borrowings under the Foreign Facilities. There were $19 million in bank guarantees issued and outstanding primarily related to store leases under the Foreign Facilities as of October 31, 2020. We have bilateral unsecured standby letter of credit agreements that are uncommitted and do not have expiration dates. There were no material standby letters of credit issued under these agreements as of October 31, 2020.

Derivative Financial Instrument

Derivative Financial Instruments	9 Months Ended
	Oct. 31, 2020
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 dollar, Japanese yen, British pound, Euro, Mexican peso, Taiwan dollar, and Chinese yuan. 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 designate the following foreign exchange forward contracts as cash flow hedges: (1) forward contracts used to hedge forecasted merchandise purchases and related costs denominated in U.S. dollars made by our international subsidiaries whose functional currencies are their local currencies; (2) forward contracts used to hedge forecasted intercompany royalty payments denominated in foreign currencies received by entities whose functional currencies are U.S. dollars; and (3) forward contracts used to hedge forecasted intercompany revenue transactions related to merchandise sold from our regional purchasing entity, whose functional currency is the U.S. dollar, to certain international subsidiaries in their local currencies. The foreign exchange forward contracts entered into to hedge forecasted merchandise purchases and related costs, intercompany royalty payments, and intercompany revenue transactions generally have terms of up to 24 months. The effective portion of the gain or loss on the derivative financial instruments is reported as a component of other comprehensive income and is recognized into net income (loss) during the period in which the underlying transaction impacts the Condensed Consolidated Statements of Operations. 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 Operations in the same period and generally offset each other. Outstanding Notional Amounts We had foreign exchange forward contracts outstanding in the following notional amounts: ($ in millions) October 31, February 1, November 2, Derivatives designated as cash flow hedges $ 474 $ 501 $ 640 Derivatives not designated as hedging instruments 539 689 706 Total $ 1,013 $ 1,190 $ 1,346 Quantitative Disclosures about Derivative Financial Instruments The fair values of foreign exchange forward contracts are as follows: ($ in millions) October 31, February 1, November 2, Derivatives designated as cash flow hedges: Other current assets $ 2 $ 6 $ 7 Other long-term assets — — 1 Accrued expenses and other current liabilities 1 2 2 Derivatives not designated as hedging instruments: Other current assets 4 4 4 Accrued expenses and other current liabilities 6 8 8 Total derivatives in an asset position $ 6 $ 10 $ 12 Total derivatives in a liability position $ 7 $ 10 $ 10 Substantially all of the unrealized gains and losses from designated cash flow hedges as of October 31, 2020 will be recognized into net income (loss) within the next twelve months at the then-current values, which may differ from the fair values as of October 31, 2020 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 not material for all periods presented. 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 39 Weeks Ended ($ in millions) October 31, November 2, October 31, November 2, Gain (loss) recognized in other comprehensive income $ (2) $ — $ 10 $ 15 The pre-tax amounts recognized in net income (loss) related to derivative instruments are as follows: Location and Amount of (Gain) Loss Recognized in Net Income 13 Weeks Ended 13 Weeks Ended ($ 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 Statements of Operations in which the effects of derivatives are recorded $ 2,374 $ 1,445 $ 2,439 $ 1,338 (Gain) loss recognized in net income Derivatives designated as cash flow hedges (2) — (9) — Derivatives not designated as hedging instruments — 4 — 8 Total (gain) loss recognized in net income $ (2) $ 4 $ (9) $ 8 Location and Amount of Gain Recognized in Net Income (Loss) 39 Weeks Ended 39 Weeks Ended ($ 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 Statements of Operations in which the effects of derivatives are recorded $ 6,339 $ 4,033 $ 7,250 $ 3,640 Gain recognized in net income (loss) Derivatives designated as cash flow hedges (13) — (21) — Derivative not designated as hedging instruments — (7) — (4) Total gain recognized in net income (loss) $ (13) $ (7) $ (21) $ (4)

Share Repurchases

Share Repurchases	9 Months Ended
	Oct. 31, 2020
Disclosure Share Repurchase Activity [Abstract]
Share Repurchases	Share Repurchases Share repurchase activity is as follows: 13 Weeks Ended 39 Weeks Ended ($ and shares in millions except average per share cost) October 31, November 2, October 31, November 2, Number of shares repurchased (1) — 2.9 — 7.5 Total cost $ — $ 50 $ — $ 150 Average per share cost including commissions $ — $ 17.17 $ — $ 19.85 __________ (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"). The February 2019 repurchase program had $800 million remaining as of October 31, 2020. On March 12, 2020, the Company announced its decision to suspend share repurchases through fiscal 2020. All of the share repurchases were paid for as of February 1, 2020 and November 2, 2019. All common stock repurchased is immediately retired.

Income Taxes

Income Taxes	9 Months Ended
	Oct. 31, 2020
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes On March 27, 2020, the CARES Act was signed into law in the United States. The CARES Act includes certain provisions that affect our income taxes, including temporary five-year net operating loss carryback provisions, modifications to the interest deduction limitations, and the technical correction for depreciation of qualified leasehold improvements. The effective income tax rate was 21.5 percent for the thirteen weeks ended October 31, 2020, compared with 33.0 percent for the thirteen weeks ended November 2, 2019. The decrease in the effective tax rate is primarily due to changes in the mix of pretax income between domestic and international operations, partially offset by the impacts of the net operating loss carryback provisions of the CARES Act. The effective income tax rate was 23.7 percent for the thirty-nine weeks ended October 31, 2020, compared with 31.6 percent for the thirty-nine weeks ended November 2, 2019. The decrease in the effective tax rate is primarily due to changes in the mix of pretax income between domestic and international operations and the fiscal 2019 impact of an adjustment for additional guidance issued regarding the Tax Cuts and Jobs Act of 2017 ("TCJA"), partially offset by the impacts of the net operating loss carryback provisions of the CARES Act. 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 2010. 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 October 31, 2020, it is reasonably possible that we will recognize a decrease in gross unrecognized tax benefits within the next twelve months of up to $3 million, primarily due to the closing of audits. If we do recognize such a decrease, the net impact on the Condensed Consolidated Statements of Operations would not be material.

Earnings (Loss) Per Share

Earnings (Loss) Per Share	9 Months Ended
	Oct. 31, 2020
Earnings Per Share [Abstract]
Earnings Per Share	Earnings (Loss) Per Share Weighted-average number of shares used for earnings (loss) per share is as follows: 13 Weeks Ended 39 Weeks Ended (shares in millions) October 31, November 2, October 31, November 2, Weighted-average number of shares - basic 374 375 373 377 Common stock equivalents (1) 6 1 — 2 Weighted-average number of shares - diluted 380 376 373 379 __________ (1) For the thirty-nine weeks ended October 31, 2020, the dilutive impact of outstanding options and awards was excluded from dilutive shares as a result of the Company’s net loss for the respective period.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Oct. 31, 2020
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 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 October 31, 2020, Actions filed against us included commercial, intellectual property, customer, employment, and data privacy claims, including class action lawsuits. The plaintiffs in some Actions seek unspecified damages or injunctive relief, or both. Actions are in various procedural stages and some are covered in part by insurance. As of October 31, 2020, February 1, 2020, and November 2, 2019, 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 was not material for any individual Action or in total for all periods presented. Subsequent to October 31, 2020, 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. 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	9 Months Ended
	Oct. 31, 2020
Segment Reporting [Abstract]
Segment Information	Segment InformationWe identify our operating segments according to how our business activities are managed and evaluated. As of October 31, 2020, 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 are aggregated into one reportable segment as of October 31, 2020. 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 Other (3) Total 13 Weeks Ended October 31, 2020 U.S. (1) $ 2,034 $ 611 $ 323 $ 370 $ 3,338 Canada 193 86 39 3 321 Europe — 115 3 — 118 Asia 1 169 18 — 188 Other regions 14 12 3 — 29 Total $ 2,242 $ 993 $ 386 $ 373 $ 3,994 ($ in millions) Old Navy Global Gap Global Banana Republic Global (2) Other (4) Total 13 Weeks Ended November 2, 2019 U.S. (1) $ 1,769 $ 689 $ 532 $ 274 $ 3,264 Canada 151 97 55 1 304 Europe — 128 3 — 131 Asia 9 220 21 — 250 Other regions 18 24 7 — 49 Total $ 1,947 $ 1,158 $ 618 $ 275 $ 3,998 ($ in millions) Old Navy Global Gap Global Banana Republic Global Other (3) Total 39 Weeks Ended October 31, 2020 U.S. (1) $ 4,709 $ 1,395 $ 804 $ 954 $ 7,862 Canada 415 183 90 3 691 Europe — 239 8 — 247 Asia 4 435 44 — 483 Other regions 33 48 12 — 93 Total $ 5,161 $ 2,300 $ 958 $ 957 $ 9,376 ($ in millions) Old Navy Global Gap Global Banana Republic Global (2) Other (4) Total 39 Weeks Ended November 2, 2019 U.S. (1) $ 5,204 $ 1,942 $ 1,549 $ 891 $ 9,586 Canada 427 251 155 2 835 Europe — 380 10 — 390 Asia 30 654 70 — 754 Other regions 57 69 18 — 144 Total $ 5,718 $ 3,296 $ 1,802 $ 893 $ 11,709 __________ (1) U.S. includes the United States, Puerto Rico, and Guam. (2) Banana Republic Global fiscal year 2019 net sales include the Janie and Jack brand beginning March 4, 2019. (3) Primarily consists of net sales for the Athleta, Intermix, and Hill City brands. Beginning in fiscal year 2020, Janie and Jack net sales are also included. Net sales for Athleta for the thirteen and thirty-nine weeks ended October 31, 2020 were $292 million and $764 million, respectively. (4) Primarily consists of net sales for the Athleta, Intermix, and Hill City brands as well as a portion of income related to our credit card agreement. Net sales for Athleta for the thirteen and thirty-nine weeks ended November 2, 2019 were $216 million and $691 million, respectively. 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.

Store Closing and Other Operati

Store Closing and Other Operating Cost	9 Months Ended
	Oct. 31, 2020
Restructuring and Related Activities [Abstract]
Restructuring and Related Activities Disclosure [Text Block]	Store Closing and Other Operating CostIn fiscal 2019, the Company announced plans to restructure the specialty fleet and revitalize the Gap brand during fiscal 2019 and fiscal 2020. In fiscal 2020, the Company shifted its focus towards adapting to the COVID-19 challenges and a broader scope of strategic initiatives. As a result, restructuring costs were not material in fiscal 2020. See Overview of Management's Discussion and Analysis included in Part I, Item 2 of this Form 10-Q, for more detail on some of the strategic initiatives being undertaken by the Company.

Accounting Policies (Tables)

Accounting Policies (Tables)	9 Months Ended
	Oct. 31, 2020
Supplemental Cash Flow Elements [Abstract]
Schedule of Cash Flow, Supplemental Disclosures [Table Text Block]	As of October 31, 2020, restricted cash primarily included consideration that serves as collateral for certain obligations occurring in the normal course of business and 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) October 31, February 1, November 2, Cash and cash equivalents, per Condensed Consolidated Balance Sheets $ 2,471 $ 1,364 $ 788 Restricted cash included in other current assets 4 — — Restricted cash included in other long-term assets 24 17 18 Total cash, cash equivalents, and restricted cash, per Condensed Consolidated Statements of Cash Flows $ 2,499 $ 1,381 $ 806

Revenue Revenue Disaggregation

Revenue Revenue Disaggregation (Tables)	9 Months Ended
	Oct. 31, 2020
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue [Table Text Block]	Net sales disaggregated for stores and online sales for the thirteen and thirty-nine weeks ended October 31, 2020 and November 2, 2019 was as follows: 13 Weeks Ended 39 Weeks Ended ($ in millions) October 31, 2020 November 2, 2019 October 31, 2020 November 2, 2019 Store sales (1) $ 2,379 $ 2,992 $ 5,129 $ 8,981 Online sales (2) 1,615 1,006 4,247 2,728 Total net sales $ 3,994 $ 3,998 $ 9,376 $ 11,709 __________ (1) Store sales primarily include sales made at our Company-operated stores and franchise sales. Fiscal 2020 store sales were negatively impacted by COVID-19. See Note 1 of Notes to Condensed Consolidated Financial Statements for further details.

Debt and Credit Facilities Long

Debt and Credit Facilities Long Term Debt (Tables)	9 Months Ended
	Oct. 31, 2020
Debt Disclosure [Abstract]
Long Term Debt	Long-term debt recorded on the Condensed Consolidated Balance Sheets consists of the following: ($ in millions) October 31, February 1, November 2, 2021 Notes $ — $ 1,249 $ 1,249 2023 Notes 500 — — 2025 Notes 750 — — 2027 Notes 1,000 — — Less: Unamortized debt issuance costs (36) — — Total long-term debt $ 2,214 $ 1,249 $ 1,249

Debt and Credit Facilities Sche

Debt and Credit Facilities Scheduled Maturity of Notes (Tables)	9 Months Ended
	Nov. 02, 2019
Debt Disclosure [Abstract]
Schedule of Maturities of Long-term Debt [Table Text Block]	The scheduled maturity of the Notes is as follows: Scheduled Maturity ($ in millions) Principal Interest Rate Interest Payments Senior Secured Notes (1) May 15, 2023 $ 500 8.375 % Semi-Annual May 15, 2025 750 8.625 % Semi-Annual May 15, 2027 1,000 8.875 % Semi-Annual Total issuance $ 2,250 __________ (1) Includes an option to call the Notes in whole or in part at any time, subject to a make-whole premium.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Oct. 31, 2020
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) October 31, 2020 Quoted Prices in Significant Other Significant Assets: Cash equivalents $ 678 $ 178 $ 500 $ — Short-term investments 178 119 59 — Derivative financial instruments 6 — 6 — Deferred compensation plan assets 44 44 — — Other assets 2 — — 2 Total $ 908 $ 341 $ 565 $ 2 Liabilities: Derivative financial instruments $ 7 $ — $ 7 $ — Fair Value Measurements at Reporting Date Using ($ in millions) February 1, 2020 Quoted Prices in Significant Other Significant Assets: Cash equivalents $ 311 $ 19 $ 292 $ — Short-term investments 290 117 173 — Derivative financial instruments 10 — 10 — Deferred compensation plan assets 51 51 — — Other assets 2 — — 2 Total $ 664 $ 187 $ 475 $ 2 Liabilities: Derivative financial instruments $ 10 $ — $ 10 $ — Fair Value Measurements at Reporting Date Using ($ in millions) November 2, 2019 Quoted Prices in Significant Other Significant Assets: Cash equivalents $ 238 $ 3 $ 235 $ — Short-term investments 294 131 163 — Derivative financial instruments 12 — 12 — Deferred compensation plan assets 53 53 — — Other assets 2 — — 2 Total $ 599 $ 187 $ 410 $ 2 Liabilities: Derivative financial instruments $ 10 $ — $ 10 $ —

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	9 Months Ended
	Oct. 31, 2020
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) October 31, February 1, November 2, Derivatives designated as cash flow hedges $ 474 $ 501 $ 640 Derivatives not designated as hedging instruments 539 689 706 Total $ 1,013 $ 1,190 $ 1,346
Fair Values of Asset and Liability Derivative Financial Instruments	The fair values of foreign exchange forward contracts are as follows: ($ in millions) October 31, February 1, November 2, Derivatives designated as cash flow hedges: Other current assets $ 2 $ 6 $ 7 Other long-term assets — — 1 Accrued expenses and other current liabilities 1 2 2 Derivatives not designated as hedging instruments: Other current assets 4 4 4 Accrued expenses and other current liabilities 6 8 8 Total derivatives in an asset position $ 6 $ 10 $ 12 Total derivatives in a liability position $ 7 $ 10 $ 10
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 39 Weeks Ended ($ in millions) October 31, November 2, October 31, November 2, Gain (loss) recognized in other comprehensive income $ (2) $ — $ 10 $ 15 The pre-tax amounts recognized in net income (loss) related to derivative instruments are as follows: Location and Amount of (Gain) Loss Recognized in Net Income 13 Weeks Ended 13 Weeks Ended ($ 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 Statements of Operations in which the effects of derivatives are recorded $ 2,374 $ 1,445 $ 2,439 $ 1,338 (Gain) loss recognized in net income Derivatives designated as cash flow hedges (2) — (9) — Derivatives not designated as hedging instruments — 4 — 8 Total (gain) loss recognized in net income $ (2) $ 4 $ (9) $ 8

Share Repurchases (Tables)

Share Repurchases (Tables)	9 Months Ended
	Oct. 31, 2020
Disclosure Share Repurchase Activity [Abstract]
Share Repurchase Activity	Share repurchase activity is as follows: 13 Weeks Ended 39 Weeks Ended ($ and shares in millions except average per share cost) October 31, November 2, October 31, November 2, Number of shares repurchased (1) — 2.9 — 7.5 Total cost $ — $ 50 $ — $ 150 Average per share cost including commissions $ — $ 17.17 $ — $ 19.85 __________ (1) Excludes shares withheld to settle employee statutory tax withholding related to the vesting of stock units.

Earnings (Loss) Per Share (Tabl

Earnings (Loss) Per Share (Tables)	9 Months Ended
	Oct. 31, 2020
Earnings Per Share [Abstract]
Weighted-Average Number of Shares	Weighted-average number of shares used for earnings (loss) per share is as follows: 13 Weeks Ended 39 Weeks Ended (shares in millions) October 31, November 2, October 31, November 2, Weighted-average number of shares - basic 374 375 373 377 Common stock equivalents (1) 6 1 — 2 Weighted-average number of shares - diluted 380 376 373 379 __________ (1) For the thirty-nine weeks ended October 31, 2020, the dilutive impact of outstanding options and awards was excluded from dilutive shares as a result of the Company’s net loss for the respective period.

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Oct. 31, 2020
Segment Reporting [Abstract]
Net Sales by Brand and Region	Net sales by brand and region are as follows: ($ in millions) Old Navy Global Gap Global Banana Republic Global Other (3) Total 13 Weeks Ended October 31, 2020 U.S. (1) $ 2,034 $ 611 $ 323 $ 370 $ 3,338 Canada 193 86 39 3 321 Europe — 115 3 — 118 Asia 1 169 18 — 188 Other regions 14 12 3 — 29 Total $ 2,242 $ 993 $ 386 $ 373 $ 3,994 ($ in millions) Old Navy Global Gap Global Banana Republic Global (2) Other (4) Total 13 Weeks Ended November 2, 2019 U.S. (1) $ 1,769 $ 689 $ 532 $ 274 $ 3,264 Canada 151 97 55 1 304 Europe — 128 3 — 131 Asia 9 220 21 — 250 Other regions 18 24 7 — 49 Total $ 1,947 $ 1,158 $ 618 $ 275 $ 3,998 ($ in millions) Old Navy Global Gap Global Banana Republic Global Other (3) Total 39 Weeks Ended October 31, 2020 U.S. (1) $ 4,709 $ 1,395 $ 804 $ 954 $ 7,862 Canada 415 183 90 3 691 Europe — 239 8 — 247 Asia 4 435 44 — 483 Other regions 33 48 12 — 93 Total $ 5,161 $ 2,300 $ 958 $ 957 $ 9,376 ($ in millions) Old Navy Global Gap Global Banana Republic Global (2) Other (4) Total 39 Weeks Ended November 2, 2019 U.S. (1) $ 5,204 $ 1,942 $ 1,549 $ 891 $ 9,586 Canada 427 251 155 2 835 Europe — 380 10 — 390 Asia 30 654 70 — 754 Other regions 57 69 18 — 144 Total $ 5,718 $ 3,296 $ 1,802 $ 893 $ 11,709 __________ (1) U.S. includes the United States, Puerto Rico, and Guam. (2) Banana Republic Global fiscal year 2019 net sales include the Janie and Jack brand beginning March 4, 2019. (3) Primarily consists of net sales for the Athleta, Intermix, and Hill City brands. Beginning in fiscal year 2020, Janie and Jack net sales are also included. Net sales for Athleta for the thirteen and thirty-nine weeks ended October 31, 2020 were $292 million and $764 million, respectively.

Accounting Policies Supplementa

Accounting Policies Supplemental Cash Flow Disclosures (Details) - USD ($) $ in Millions	Oct. 31, 2020	Feb. 01, 2020	Nov. 02, 2019	Feb. 02, 2019
Restricted Cash and Cash Equivalents Items [Line Items]
Cash and cash equivalents	$ 2,471	$ 1,364	$ 788
Restricted Cash, Current	4	0	0
Restricted Cash, Noncurrent	24	17	18
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents end of period	2,499	1,381	806	$ 1,420
Reconciliation of Cash Flow Cash, Cash Equiv. and Restricted Cash to Balance Sheet
Restricted Cash and Cash Equivalents Items [Line Items]
Cash and cash equivalents	2,471	1,364	788
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents end of period	$ 2,499	$ 1,381	$ 806

Accounting Policies Covid-19 (D

Accounting Policies Covid-19 (Details) $ in Millions	3 Months Ended	9 Months Ended
	Oct. 31, 2020USD ($)	Oct. 31, 2020USD ($)
Accounting Policies [Abstract]
Debt Instrument, Face Amount	$ 2,250	$ 2,250
Payroll related credits COVID19		67
Impact of lease practical expedient COVID19	$ 0	$ 0

Revenue Revenue Disaggregatio_2

Revenue Revenue Disaggregation (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019
Disaggregation of Revenue
Revenues		$ 3,994	$ 3,998	$ 9,376	$ 11,709
Store Sales
Disaggregation of Revenue
Revenues	[1]	2,379	2,992	5,129	8,981
Online Sales
Disaggregation of Revenue
Revenues		$ 1,615	$ 1,006	$ 4,247	$ 2,728
[1]	Store sales primarily include sales made at our Company-operated stores and franchise sales. Fiscal 2020 store sales were negatively impacted by COVID-19. See Note 1 of Notes to Condensed Consolidated Financial Statements for further details.

Revenue - Additional Informatio

Revenue - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019	Aug. 01, 2020	Feb. 01, 2020	Aug. 03, 2019	Feb. 02, 2019
Revenue from Contract with Customer [Abstract]
Contract with Customer, Liability	$ 191	$ 189	$ 191	$ 189	$ 189	$ 226	$ 195	$ 227
Contract with Customer, Liability, Revenue Recognized	$ 68	$ 78	$ 140	$ 161

Debt and Credit Facilities Lo_2

Debt and Credit Facilities Long Term Debt (Details) - USD ($) $ in Millions	9 Months Ended
	Oct. 31, 2020	Feb. 01, 2020	Nov. 02, 2019
Debt Instrument [Line Items]
Document Period End Date	Oct. 31, 2020
Notes	$ 2,214	$ 1,249	$ 1,249
Total long-term debt	2,214	1,249	1,249
Unamortized Debt Issuance Expense	(36)	0	0
2021 Notes [Member]
Debt Instrument [Line Items]
Notes	0	1,249	1,249
2023 Notes [Member]
Debt Instrument [Line Items]
Notes	500	0	0
2025 Notes [Member]
Debt Instrument [Line Items]
Notes	750	0	0
2027 Notes [Member]
Debt Instrument [Line Items]
Notes	$ 1,000	$ 0	$ 0

Debt and Credit Facilities Sc_2

Debt and Credit Facilities Scheduled Maturity of Notes (Details) $ in Millions	9 Months Ended
	Oct. 31, 2020USD ($)
Debt Instrument [Line Items]
Debt Instrument, Face Amount	$ 2,250
2027 Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount	$ 1,000
Debt Instrument, Interest Rate, Stated Percentage	8.875%
Debt Instrument, Payment Terms	Semi-Annual
2025 Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount	$ 750
Debt Instrument, Interest Rate, Stated Percentage	8.625%
Debt Instrument, Payment Terms	Semi-Annual
2023 Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount	$ 500
Debt Instrument, Interest Rate, Stated Percentage	8.375%
Debt Instrument, Payment Terms	Semi-Annual

Debt and Credit Facilities - Ad

Debt and Credit Facilities - Additional Information (Details) - USD ($)	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019
Debt Instrument [Line Items]
Debt Instrument, Face Amount	$ 2,250,000,000		$ 2,250,000,000
Gain (Loss) on Extinguishment of Debt	0	$ 0	58,000,000	$ 0
Estimated fair value	2,540,000,000		2,540,000,000
2023 Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount	$ 500,000,000		$ 500,000,000
Debt Instrument, Interest Rate, Stated Percentage	8.375%		8.375%
2025 Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount	$ 750,000,000		$ 750,000,000
Debt Instrument, Interest Rate, Stated Percentage	8.625%		8.625%
2027 Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount	$ 1,000,000,000		$ 1,000,000,000
Debt Instrument, Interest Rate, Stated Percentage	8.875%		8.875%
ABL Facility [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum borrowing capacity	$ 1,867,500,000		$ 1,867,500,000
Unsecured committed letter of credit amount	48,000,000		48,000,000
Borrowings	0		0
2021 Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount	$ 1,250,000,000		$ 1,250,000,000
Debt Instrument, Interest Rate, Stated Percentage	5.95%		5.95%
Foreign Facilities [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum borrowing capacity	$ 58,000,000		$ 58,000,000
Borrowings	0		0
Bank guarantees related to store leases	19,000,000		19,000,000
Standby Letters of Credit [Member]
Debt Instrument [Line Items]
Unsecured committed letter of credit amount	$ 0		$ 0

Fair Value Measurements - Finan

Fair Value Measurements - Financial Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Millions	Oct. 31, 2020	Feb. 01, 2020	Nov. 02, 2019
Assets:
Cash equivalents	$ 678	$ 311	$ 238
Available-for-Sale Securities	178	290	294
Derivative financial instruments	6	10	12
Deferred compensation plan assets	44	51	53
Debt Securities, Available-for-sale	2	2	2
Total	908	664	599
Liabilities:
Derivative financial instruments	7	10	10
Fair Value, Inputs, Level 1 [Member]
Assets:
Cash equivalents	178	19	3
Available-for-Sale Securities	119	117	131
Derivative financial instruments	0	0	0
Deferred compensation plan assets	44	51	53
Debt Securities, Available-for-sale	0	0	0
Total	341	187	187
Liabilities:
Derivative financial instruments	0	0	0
Fair Value, Inputs, Level 2 [Member]
Assets:
Cash equivalents	500	292	235
Available-for-Sale Securities	59	173	163
Derivative financial instruments	6	10	12
Deferred compensation plan assets	0	0	0
Debt Securities, Available-for-sale	0	0	0
Total	565	475	410
Liabilities:
Derivative financial instruments	7	10	10
Fair Value, Inputs, Level 3 [Member]
Assets:
Cash equivalents	0	0	0
Available-for-Sale Securities	0	0	0
Derivative financial instruments	0	0	0
Deferred compensation plan assets	0	0	0
Debt Securities, Available-for-sale	2	2	2
Total	2	2	2
Liabilities:
Derivative financial instruments	$ 0	$ 0	$ 0

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Details) - USD ($)	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019	Feb. 01, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Asset Impairment Charges	$ 0	$ 0
Other Asset Impairment Charges			$ 127,000,000	$ 9,000,000
Other indefinite-lived intangible assets impairment charges	0	0	0	0
Transfers into or out of level 2	0	0	0	0
Fair Value Asset Level 3 Transfer Amount	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
Available-for-sale Securities, Current	178,000,000	294,000,000	178,000,000	294,000,000	$ 290,000,000
Cash and Cash Equivalents, Fair Value Disclosure	222,000,000	17,000,000	222,000,000	17,000,000
Debt Securities, Available-for-sale, Unrealized Gain (Loss)	0	0	0	0
Other-than-temporary Impairment Loss, Debt Securities, Available-for-sale	$ 0	$ 0	$ 0	$ 0

Fair Value Measurements Long Li

Fair Value Measurements Long Lived Assets Impairments (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019
Long Lived Assets [Line Items]
Goodwill, Impairment Loss	$ 0		$ 0	$ 0
Asset Impairment Charges	0	$ 0
Other indefinite-lived intangible assets impairment charges	0	0	0	0
Store Assets [Member]
Long Lived Assets [Line Items]
Total Impairment Charges			127	9
Long Lived Asset Carrying Value	131	10	131	10
Impaired Asset at Fair Value	4	1	4	1
Operating lease Impairment [Member]
Long Lived Assets [Line Items]
Total Impairment Charges			361	1
Long Lived Asset Carrying Value	1,369	61	1,369	61
Impaired Asset at Fair Value	$ 1,008	$ 60	$ 1,008	$ 60

Derivative Financial Instrume_3

Derivative Financial Instruments - Foreign Exchange Contracts Outstanding to Sell Various Currencies (Details) - USD ($) $ in Millions	Oct. 31, 2020	Feb. 01, 2020	Nov. 02, 2019
Derivative [Line Items]
Derivative, Notional Amount	$ 1,013	$ 1,190	$ 1,346
Derivatives in cash flow hedging relationships
Derivative [Line Items]
Derivative, Notional Amount	474	501	640
Not Designated as Hedging Instrument
Derivative [Line Items]
Derivative, Notional Amount	$ 539	$ 689	$ 706

Derivative Financial Instrume_4

Derivative Financial Instruments - Fair Values of Asset and Liability Derivative Financial Instruments (Details) - USD ($) $ in Millions	Oct. 31, 2020	Feb. 01, 2020	Nov. 02, 2019
Derivatives, Fair Value [Line Items]
Derivative financial instruments, assets	$ 6	$ 10	$ 12
Derivative financial instruments, liabilities	7	10	10
Foreign Exchange Forward Contract
Derivatives, Fair Value [Line Items]
Derivative financial instruments, assets	6	10	12
Derivative financial instruments, liabilities	7	10	10
Derivatives in cash flow hedging relationships | Foreign Exchange Forward Contract | Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative financial instruments, assets	2	6	7
Derivatives in cash flow hedging relationships | Foreign Exchange Forward Contract | Other Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative financial instruments, assets	0	0	1
Derivatives in cash flow hedging relationships | Foreign Exchange Forward Contract | Accrued Liabilities Current [Member]
Derivatives, Fair Value [Line Items]
Derivative financial instruments, liabilities	1	2	2
Not Designated as Hedging Instrument | Foreign Exchange Forward Contract | Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative financial instruments, assets	4	4	4
Not Designated as Hedging Instrument | Foreign Exchange Forward Contract | Accrued Liabilities Current [Member]
Derivatives, Fair Value [Line Items]
Derivative financial instruments, liabilities	$ 6	$ 8	$ 8

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		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019
Derivative Instruments, (Gain) Loss [Line Items]
Cost of goods sold and occupancy expenses	$ 2,374	$ 2,439	$ 6,339	$ 7,250
Operating Expenses	1,445	1,338	4,033	3,640
Cost of Goods Sold and Occupancy Expense
Derivative Instruments, (Gain) Loss [Line Items]
(Gain) loss reclassified from accumulated OCI into income, effective portion, net	(2)	(9)	(13)	(21)
Operating Expenses [Member]
Derivative Instruments, (Gain) Loss [Line Items]
(Gain) loss reclassified from accumulated OCI into income, effective portion, net	4	8	(7)	(4)
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)	0	10	15
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	(2)	(9)	(13)	(21)
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	4	8	(7)	(4)
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	Oct. 31, 2020	Feb. 01, 2020	Nov. 02, 2019
Derivative [Line Items]
Amounts Subject to Enforceable Master Netting Arrangements	$ 0	$ 0	$ 0

Share Repurchase Activity (Deta

Share Repurchase Activity (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions		3 Months Ended		9 Months Ended
		Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019
Disclosure Share Repurchase Activity [Abstract]
Number of shares repurchased	[1]	0	2.9	0	7.5
Total cost		$ 0	$ 50	$ 0	$ 150
Average per share cost including commissions (in dollars per share)		$ 0	$ 17.17	$ 0	$ 19.85
[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 ($)	Oct. 31, 2020	Feb. 01, 2020	Nov. 02, 2019	Feb. 26, 2019
Disclosure Share Repurchases Additional Information [Abstract]
Stock Repurchase Program, Authorized Amount				$ 1,000,000,000
Share repurchases, remaining amount	$ 800,000,000
Stock Repurchase Program Amount Not Paid		$ 0	$ 0

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019
Income Tax Disclosure [Abstract]
Effective Income Tax Rate, Percent	21.50%	(33.00%)	(23.70%)	(31.60%)
Decrease In Gross Unrecognized Tax Benefits Within The Next 12 Months	$ 3		$ 3
Benefit To Income Taxes If Decrease In Gross Unrecognized Tax Benefits Within 12 Months Are Recognized	$ 0

Earnings (Loss) Per Share - Wei

Earnings (Loss) Per Share - Weighted Average Number of Shares (Details) - shares shares in Millions		3 Months Ended		9 Months Ended
		Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019
Earnings Per Share [Abstract]
Weighted-average number of shares - basic (in shares)		374	375	373	377
Common stock equivalents (in shares)	[1]	6	1	0	2
Weighted-average number of shares - diluted (in shares)		380	376	373	379
[1]	For the thirty-nine weeks ended October 31, 2020, the dilutive impact of outstanding options and awards was excluded from dilutive shares as a result of the Company’s net loss for the respective period.

Earnings (Loss) Per Share - Add

Earnings (Loss) Per Share - Additional Information (Details) - shares shares in Millions	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019
Earnings Per Share [Abstract]
Shares excluded from the computations of weighted-average number of shares - diluted	12	17	16	14

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Details) - USD ($) $ in Millions	Oct. 31, 2020	Feb. 01, 2020	Nov. 02, 2019
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		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019
Segment Reporting Information [Line Items]
Net Sales	$ 3,994	$ 3,998	$ 9,376	$ 11,709
Asia
Segment Reporting Information [Line Items]
Net Sales	188	250	483	754
Europe
Segment Reporting Information [Line Items]
Net Sales	118	131	247	390
Other Regions
Segment Reporting Information [Line Items]
Net Sales	29	49	93	144
Canada
Segment Reporting Information [Line Items]
Net Sales	321	304	691	835
U.S.
Segment Reporting Information [Line Items]
Net Sales	3,338	3,264	7,862	9,586
Old Navy
Segment Reporting Information [Line Items]
Net Sales	2,242	1,947	5,161	5,718
Old Navy | Asia
Segment Reporting Information [Line Items]
Net Sales	1	9	4	30
Old Navy | Europe
Segment Reporting Information [Line Items]
Net Sales	0	0	0	0
Old Navy | Other Regions
Segment Reporting Information [Line Items]
Net Sales	14	18	33	57
Old Navy | Canada
Segment Reporting Information [Line Items]
Net Sales	193	151	415	427
Old Navy | U.S.
Segment Reporting Information [Line Items]
Net Sales	2,034	1,769	4,709	5,204
Gap
Segment Reporting Information [Line Items]
Net Sales	993	1,158	2,300	3,296
Gap | Asia
Segment Reporting Information [Line Items]
Net Sales	169	220	435	654
Gap | Europe
Segment Reporting Information [Line Items]
Net Sales	115	128	239	380
Gap | Other Regions
Segment Reporting Information [Line Items]
Net Sales	12	24	48	69
Gap | Canada
Segment Reporting Information [Line Items]
Net Sales	86	97	183	251
Gap | U.S.
Segment Reporting Information [Line Items]
Net Sales	611	689	1,395	1,942
Banana Republic [Member]
Segment Reporting Information [Line Items]
Net Sales	386	618	958	1,802
Banana Republic [Member] | Asia
Segment Reporting Information [Line Items]
Net Sales	18	21	44	70
Banana Republic [Member] | Europe
Segment Reporting Information [Line Items]
Net Sales	3	3	8	10
Banana Republic [Member] | Other Regions
Segment Reporting Information [Line Items]
Net Sales	3	7	12	18
Banana Republic [Member] | Canada
Segment Reporting Information [Line Items]
Net Sales	39	55	90	155
Banana Republic [Member] | U.S.
Segment Reporting Information [Line Items]
Net Sales	323	532	804	1,549
Other entities [Member]
Segment Reporting Information [Line Items]
Net Sales	373	275	957	893
Other entities [Member] | Asia
Segment Reporting Information [Line Items]
Net Sales	0	0	0	0
Other entities [Member] | Europe
Segment Reporting Information [Line Items]
Net Sales	0	0	0	0
Other entities [Member] | Other Regions
Segment Reporting Information [Line Items]
Net Sales	0	0	0	0
Other entities [Member] | Canada
Segment Reporting Information [Line Items]
Net Sales	3	1	3	2
Other entities [Member] | U.S.
Segment Reporting Information [Line Items]
Net Sales	370	274	954	891
Athleta [Member]
Segment Reporting Information [Line Items]
Net Sales	$ 292	$ 216	$ 764	$ 691

Segment Information - Additiona

Segment Information - Additional Information (Details)	9 Months Ended
	Oct. 31, 2020Segment
Segment Reporting [Abstract]
Number of reportable segments (in segments)	1

Store Closing and Other Opera_2

Store Closing and Other Operating Cost Store Closing and Other Operating Cost (Details) $ in Millions	9 Months Ended
	Oct. 31, 2020USD ($)
Restructuring and Related Activities [Abstract]
Restructuring Costs	$ 0

Uncategorized Items - gps-20201

Label	Element	Value
Lease 842 Initial Application Period Cumulative Effect	gps_Lease842InitialApplicationPeriodCumulativeEffect	$ (86,000,000)
Retained Earnings [Member]
Lease 842 Initial Application Period Cumulative Effect	gps_Lease842InitialApplicationPeriodCumulativeEffect	$ (86,000,000)