Kohl's (KSS) 10-Q 6 Dec 19 2019 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Nov. 02, 2019	Nov. 29, 2019
Cover [Abstract]
Entity Registrant Name	KOHLS CORP
Entity Central Index Key	0000885639
Current Fiscal Year End Date	--02-01
Entity Filer Category	Large Accelerated Filer
Trading Symbol	KSS
Document Type	10-Q
Document Period End Date	Nov. 2, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q3
Amendment Flag	false
Entity Common Stock, Shares Outstanding		156,567,901
Document Quarterly Report	true
Document Transition Report	false
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Title of 12(b) Security	Common Stock, $.01 par value
Security Exchange Name	NYSE
Entity Incorporation, State or Country Code	WI
Entity Tax Identification Number	39-1630919
Entity File Number	1-11084
Entity Address, Address Line One	N56 W17000 Ridgewood Drive
Entity Address, City or Town	Menomonee Falls
Entity Address State Or Province	WI
Entity Address, Postal Zip Code	53051
City Area Code	262
Local Phone Number	703-7000

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Nov. 02, 2019	Feb. 02, 2019	Nov. 03, 2018
Current assets:
Cash and cash equivalents	$ 490	$ 934	$ 1,047
Merchandise inventories	4,887	3,475	4,844
Other	404	426	446
Total current assets	5,781	4,835	6,337
Property and equipment, net	7,364	7,428	7,538
Operating leases	2,427
Other assets	167	206	243
Total assets	15,739	12,469	14,118
Current liabilities:
Accounts payable	2,454	1,187	2,583
Accrued liabilities	1,347	1,364	1,289
Income taxes payable	2	64	14
Current portion of:
Finance lease and financing obligations	110	115	121
Operating leases	162
Total current liabilities	4,075	2,730	4,007
Long-term debt	1,856	1,861	2,272
Finance lease and financing obligations	1,332	1,523	1,528
Operating leases	2,643
Deferred income taxes	258	184	201
Other long-term liabilities	220	644	657
Shareholders’ equity:
Common stock	4	4	4
Paid-in capital	3,256	3,204	3,185
Treasury stock, at cost	(11,490)	(11,076)	(10,952)
Accumulated other comprehensive loss			(8)
Retained earnings	13,585	13,395	13,224
Total shareholders’ equity	5,355	5,527	5,453
Total liabilities and shareholders’ equity	$ 15,739	$ 12,469	$ 14,118

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Millions	3 Months Ended			9 Months Ended
	Nov. 02, 2019	Nov. 03, 2018		Nov. 02, 2019	Nov. 03, 2018
Total revenue	$ 4,625	$ 4,628		$ 13,142	$ 13,406
Cost of merchandise sold	$ 2,775	$ 2,752		$ 7,740	$ 7,854
Type of Cost, Good or Service [Extensible List]	kss:MerchandiseMember	kss:MerchandiseMember		kss:MerchandiseMember	kss:MerchandiseMember
Operating expenses:
Selling, general and administrative	$ 1,419	$ 1,375		$ 3,962	$ 3,907
Depreciation and amortization	227	243		687	725
Impairments, store closing and other costs				55
Operating income	204	258		698	920
Interest expense, net	52	63		157	197
(Gain) loss on extinguishment of debt	(9)			(9)	42
Income before income taxes	161	195		550	681
Provision for income taxes	38	34		124	152
Net income	$ 123	$ 161		$ 426	$ 529
Net income per share:
Basic	$ 0.79	$ 0.98		$ 2.69	$ 3.21
Diluted	$ 0.78	$ 0.98		$ 2.67	$ 3.19
Net Sales [Member]
Total revenue	$ 4,358	$ 4,369	[1]	$ 12,348	$ 12,632	[1]
Other Revenue [Member]
Total revenue	$ 267	$ 259		$ 794	$ 774
[1]	Certain businesses do not agree to previously reported amounts due to changes in category classification.

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($) shares in Millions, $ in Millions		Total	Common Stock [Member]	Paid-In Capital [Member]	Treasury Stock [Member]	Accumulated Other Comprehensive Loss [Member]	Retained Earnings [Member]
Balance, beginning of period at Feb. 03, 2018			$ 4	$ 3,078	$ (10,651)	$ (11)	$ 13,006
Change in accounting standard at Feb. 03, 2018	[1]						(7)
Treasury stock purchases					(275)
Stock options and awards				107	(29)
Net earnings		$ 529					529
Dividends paid					3		(304)
Other comprehensive income						3
Balance, end of period at Nov. 03, 2018		$ 5,453	$ 4	3,185	$ (10,952)	(8)	13,224
Shares, beginning of period at Feb. 03, 2018			373		(205)
Treasury stock purchases					(4)
Stock options and awards			1
Shares, end of period at Nov. 03, 2018		165	374		(209)
Dividends paid per common share		$ 1.83
Balance, beginning of period at Aug. 04, 2018			$ 4	3,163	$ (10,835)	(8)	13,163
Treasury stock purchases					(110)
Stock options and awards				22	(8)
Net earnings		$ 161					161
Dividends paid					1		(100)
Balance, end of period at Nov. 03, 2018		$ 5,453	$ 4	3,185	$ (10,952)	$ (8)	13,224
Shares, beginning of period at Aug. 04, 2018			374		(207)
Treasury stock purchases					(2)
Shares, end of period at Nov. 03, 2018		165	374		(209)
Dividends paid per common share		$ 0.61
Balance, beginning of period at Feb. 02, 2019		$ 5,527	$ 4	3,204	$ (11,076)		13,395
Change in accounting standard at Feb. 02, 2019	[1]						88
Treasury stock purchases					(387)
Stock options and awards				52	(32)
Net earnings		426					426
Dividends paid					5		(324)
Balance, end of period at Nov. 02, 2019		$ 5,355	$ 4	3,256	$ (11,490)		13,585
Shares, beginning of period at Feb. 02, 2019			374		(211)
Treasury stock purchases					(7)
Stock options and awards			1
Shares, end of period at Nov. 02, 2019		157	375		(218)
Dividends paid per common share		$ 2.01
Balance, beginning of period at Aug. 03, 2019			$ 4	3,236	$ (11,353)		13,568
Treasury stock purchases					(133)
Stock options and awards				20	(5)
Net earnings		$ 123					123
Dividends paid					1		(106)
Balance, end of period at Nov. 02, 2019		$ 5,355	$ 4	$ 3,256	$ (11,490)		$ 13,585
Shares, beginning of period at Aug. 03, 2019			375		(215)
Treasury stock purchases					(3)
Shares, end of period at Nov. 02, 2019		157	375		(218)
Dividends paid per common share		$ 0.67
[1]	Adoption of new lease accounting standard in 2019, refer to Note 4.

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	9 Months Ended
	Nov. 02, 2019	Nov. 03, 2018
Operating activities
Net income	$ 426	$ 529
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	687	725
Share-based compensation	47	71
Deferred income taxes	45	(13)
Impairments, store closing and other costs	45
(Gain) loss on extinguishment of debt	(9)	42
Non-cash lease expense	112
Other non-cash (income) expenses	(3)	15
Changes in operating assets and liabilities:
Merchandise inventories	(1,405)	(1,293)
Other current and long-term assets	34	70
Accounts payable	1,266	1,312
Accrued and other long-term liabilities	(26)	38
Income taxes	(49)	(73)
Operating lease liabilities	(125)
Net cash provided by operating activities	1,045	1,423
Investing activities
Acquisition of property and equipment	(678)	(458)
Other	8	6
Net cash used in investing activities	(670)	(452)
Financing activities
Treasury stock purchases	(387)	(275)
Shares withheld for taxes on vested restricted shares	(32)	(29)
Dividends paid	(319)	(301)
Reduction of long-term borrowings	(6)	(530)
Premium paid on redemption of debt		(35)
Finance lease and financing obligation payments	(88)	(95)
Proceeds from financing obligations	11
Proceeds from stock option exercises	2	33
Net cash used in financing activities	(819)	(1,232)
Net decrease in cash and cash equivalents	(444)	(261)
Cash at beginning of period	934	1,308
Cash at end of period	490	1,047
Supplemental information
Interest paid, net of capitalized interest	131	192
Income taxes paid	154	266
Property and equipment acquired through:
Finance lease liabilities	163
Operating lease liabilities	$ 103
Financing obligations		$ 20

Basis of Presentation

Basis of Presentation	9 Months Ended
	Nov. 02, 2019
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Basis of Presentation	1. Basis of Presentation The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”) for interim financial information. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for fiscal year end consolidated financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. For further information, refer to the consolidated financial statements and related footnotes included in our Annual Report on Form 10-K for the fiscal year ended February 2, 2019 (Commission File No. 1-11084) as filed with the Securities and Exchange Commission. Due to the seasonality of our business, results for any quarter are not necessarily indicative of the results that may be achieved for a full fiscal year. We operate as a single business unit. The following table provides a brief description of issued, but not yet effective, accounting standards: Standard Description Effect on our Financial Statements Cloud Computing (ASU 2018-15) Issued August 2018 Effective Q1 2020 Under the new standard, implementation costs related to a cloud computing arrangement will be deferred or expensed as incurred, in accordance with the existing internal-use software guidance for similar costs. The new standard also prescribes the balance sheet, income statement and cash flow classification of the capitalized implementation costs and related amortization expense. We are evaluating the impact of the new standard, but believe it is generally consistent with our current accounting for cloud computing arrangements and will not have a material impact on our financials. Current Expected Credit Losses (ASU 2016-13) Issued June 2016 Effective Q1 2020 Under the new standard, credit losses for financial assets measured at amortized cost should be determined based on the total current expected credit losses over the life of the financial asset or group of financial assets. The amendments are effective on February 2, 2020 and must be applied using a modified retrospective approach with a cumulative-effect adjustment through retained earnings as of the beginning of the fiscal year upon adoption as required. We are evaluating the impact of the new standard, but believe it will not have a material impact on our financial statements.

Revenue Recognition

Revenue Recognition	9 Months Ended
	Nov. 02, 2019
Revenue From Contract With Customer [Abstract]
Revenue Recognition	2. Revenue Recognition The following table summarizes net sales by line of business: Three Months Ended Nine Months Ended (Dollars in Millions) November 2, 2019 November 3, 2018 (1) November 2, 2019 November 3, 2018 (1) Women's $ 1,264 $ 1,287 $ 3,857 $ 3,982 Men's 938 925 2,656 2,668 Home 715 719 1,994 2,090 Children's 647 650 1,561 1,569 Footwear 472 470 1,338 1,372 Accessories 322 318 942 951 Net Sales $ 4,358 $ 4,369 $ 12,348 $ 12,632 (1) Certain businesses do not agree to previously reported amounts due to changes in category classification. Liabilities for performance obligations resulting from our rewards programs, return reserves and unredeemed gift cards and merchandise return cards totaled $354 million as of November 2, 2019, $413 million as of February 2, 2019 and $337 million as of November 3, 2018.

Debt

Debt	9 Months Ended
	Nov. 02, 2019
Debt Disclosure [Abstract]
Debt	3. Debt Long-term debt consists of the following unsecured senior debt: Coupon Rate Outstanding Maturity by fiscal year (Dollars in Millions) Effective Rate November 2, 2019 February 2, 2019 November 3, 2018 2021 4.81 % 4.00 % $ - $ - $ 413 2023 3.25 % 3.25 % 350 350 350 2023 4.78 % 4.75 % 184 184 184 2025 4.25 % 4.25 % 650 650 650 2029 7.36 % 7.25 % 42 42 42 2033 6.05 % 6.00 % 113 113 112 2037 6.89 % 6.88 % 101 101 101 2045 5.57 % 5.55 % 427 433 433 Outstanding long-term debt 1,867 1,873 2,285 Unamortized debt discounts and deferred financing costs (11 ) (12 ) (13 ) Long-term debt $ 1,856 $ 1,861 $ 2,272 Effective interest rate 4.74 % 4.74 % 4.76 % Our long-term debt is classified as Level 1, financial instruments with unadjusted, quoted prices listed on active market exchanges. The estimated fair value of our long-term debt was $2.0 billion at November 2, 2019, $1.8 billion at February 2, 2019 and $2.3 billion at November 3, 2018. Year to date 2019, we have reduced our outstanding debt by $6 million On July 25, 2019, we amended and extended our existing credit facility with various lenders which provides for a $1.0 billion senior unsecured five-year

Leases

Leases	9 Months Ended
	Nov. 02, 2019
Leases [Abstract]
Leases	4. Leases Effective February 3, 2019 (the “adoption date”), we adopted ASC 842 Leases (the “new standard”). The new standard requires lessees to recognize a liability for lease obligations and a corresponding right of use asset on the balance sheet. The guidance also requires disclosure of key information about leasing arrangements that is intended to give financial statement users the ability to assess the amount, timing and potential uncertainty of cash flows related to leases. We The new standard includes several transition practical expedients that were available to reduce the burden of implementing the standard. • We elected the package of practical expedients, which among other things, allowed us to carry forward our historical lease classifications. • We did not elect the hindsight practical expedient which would have allowed us to revisit key assumptions, such as lease term, that were made when we originally entered into the lease. The following table summarizes changes in our Consolidated Balance Sheet upon adoption of the new standard: (Dollars in Millions) Assets Property and equipment, net $ (174 ) (a) Operating leases 2,446 (b) Other assets (32 ) (c) Total assets $ 2,240 Liabilities and Shareholders' Equity Finance lease and financing obligations $ (237 ) (a) Operating leases 2,771 (b) Accrued and other liabilities (413 ) (c) Deferred taxes 31 (d) Shareholders' equity 88 (d) Total liabilities and shareholders' equity $ 2,240 (a) The reductions are primarily due to historical failed sale-leaseback and build-to-suit arrangements where we were deemed owner for accounting purposes. In accordance with ASC 842 transition provisions, they became operating or finance leases. (b) The increases include land and other operating leases which were not previously recorded on our balance sheet or were previously recorded as financing obligations. (c) The reductions are primarily due to the reclassification of lease-related assets and liabilities such as straight-line rent and reserves for closed stores to operating lease assets and liabilities. (d) The cumulative effect of lease adjustments, net of the deferred tax impact, was recorded as an adjustment to retained earnings. In addition, retained earnings include a $26 million lease impairment charge. These adjustments represent non-cash activities for Statement of Cash Flow purposes. Adoption of the new standard is not expected to have a material impact on our net inc ome prospectively. We expect increases in Selling, general and a dministrative expenses to be more than offset by decreases in Depreciation and a mortization and Interest expense. Substantially all of the expected income statement changes are due to the reversal of accounting for build-to-suit arrangements where construction is complete , which were accounted for as operating or finance leases in accordance with the transition provisions of ASC 842. Finance and Operating Leases We lease certain property and equipment used in our operations. Some of our store leases include additional rental payments based on a percentage of sales over contractual levels or which are adjusted periodically for inflation. Our typical store lease has an initial term of 20 to 25 years and four to eight five-year Lease assets represent our right to use an underlying asset for the lease term. Lease assets are recognized at commencement date based on the value of the lease liability and are adjusted for any lease payments made to the lessor at or before commencement date, minus any lease incentives received and any initial direct costs incurred by the lessee. Lease liabilities represent our contractual obligation to make lease payments. At the commencement date, the lease liabilities equal the present value of minimum lease payments over the lease term. As the implicit interest rate is not readily identifiable in our leases, we estimate our collateralized borrowing rate to calculate the present value of lease payments. For leases that commenced prior to the adoption date, we used the February 3, 2019 rate for a term consistent with the original lease term for operating leases and the rate on the lease commencement date for finance leases. For leases with terms of 12 months or less, we elected the practical expedient to exclude them from the balance sheet and recognize expense on a straight-line basis over the lease term. For leases beginning, modified, or reassessed in 2019 and later, we elected the practical expedient to combine lease and non-lease components. The following tables summarize our operating and finance leases and where they are presented in our Consolidated Financial Statements: Consolidated Balance Sheet November 2, 2019 (Dollars in Millions) Classification Assets Operating leases Operating leases $ 2,427 Finance leases Property and equipment, net 617 Total operating and finance leases 3,044 Liabilities Current Operating leases Current portion of operating leases 162 Finance leases Current portion of finance lease and financing obligations 74 Noncurrent Operating leases Operating leases 2,643 Finance leases Finance lease and financing obligations 836 Total operating and finance leases $ 3,715 Consolidated Statement of Income Three Months Ended November 2, 2019 Nine Months Ended November 2, 2019 (Dollars in Millions) Classification Operating leases Selling, general, and administrative $ 79 $ 236 Finance leases Amortization of leased assets Depreciation and amortization 18 53 Interest on lease liabilities Interest expense, net 25 73 Total operating and finance leases $ 122 $ 362 Consolidated Statement of Cash Flows Nine Months Ended November 2, 2019 (Dollars in Millions) Classification Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from operating leases $ 249 Operating cash flows from finance leases 73 Financing cash flows from finance leases 56 The following table summarizes future lease payments by fiscal year: November 2, 2019 (Dollars in Millions) Operating Leases Finance Leases Total 2019 $ 66 $ 43 $ 109 2020 311 176 487 2021 303 156 459 2022 290 139 429 2023 275 117 392 After 2023 3,660 1,765 5,425 Total lease payments 4,905 2,396 7,301 Amount representing interest (2,100 ) (1,486 ) (3,586 ) Lease liabilities $ 2,805 $ 910 $ 3,715 Total lease payments include $2.9 billion related to options to extend operating lease terms that are reasonably certain of being exercised and $1.5 billion related to options to extend finance lease terms that are reasonably certain of being exercised. The following table summarizes weighted-average remaining lease term and discount rates: November 2, 2019 Weighted-average remaining term (years) Operating leases 20 Finance leases 17 Weighted-average discount rate Operating leases 6 % Finance leases 11 % Financing Obligations Historical failed sale-leasebacks that did not qualify for sale-leaseback accounting upon adoption of ASC 842 continue to be accounted for as financing obligations. The following tables summarize our financing obligations and where they are presented in our Consolidated Financial Statements: Consolidated Balance Sheet (Dollars in Millions) Classification November 2, 2019 Assets Financing obligations Property and equipment, net $ 78 Liabilities Current Current portion of finance lease and financing obligations 36 Noncurrent Finance lease and financing obligations 496 Total financing obligations $ 532 Consolidated Statement of Income Three Month Ended November 2, 2019 Nine Months Ended November 2, 2019 (Dollars in Millions) Classification Amortization of financing obligation assets Depreciation and amortization $ 3 $ 8 Interest on financing obligations Interest expense, net 9 28 Total financing obligations $ 12 $ 36 Consolidated Statement of Cash Flows Nine Months Ended November 2, 2019 (Dollars in Millions) Classification Cash paid for amounts included in the measurement of financing obligations Operating cash flows from financing obligations $ 28 Financing cash flows from financing obligations 32 Proceeds from financing obligations 11 Gain on extinguishment of debt (9 ) In October 2019, we purchased leased equipment that was accounted for as a financing obligation and resulted in recognition of a $9 million gain on extinguishment of debt. The following table summarizes future financing obligation payments by fiscal year: (Dollars in Millions) November 2, 2019 2019 $ 12 2020 71 2021 71 2022 68 2023 66 After 2023 249 Total financing obligations payments 537 Non-cash gain on future sale of property 228 Amount representing interest (233 ) Financing obligation liability $ 532 The November 2, 2019 Weighted-average remaining term (years) 9 Weighted-average discount rate 7 %

Stock-Based Awards

Stock-Based Awards	9 Months Ended
	Nov. 02, 2019
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Stock-Based Awards	5. Stock-Based Awards The following table summarizes our stock-based awards activity for the nine months ended November 2, 2019: Nonvested Stock Awards Performance Share Units Stock Options Stock Warrants (Shares and Units in Thousands) Shares Weighted Average Grant Date Fair Value Units Weighted Average Grant Date Fair Value Shares Weighted Average Exercise Price Shares Weighted Average Exercise Price Balance - February 2, 2019 2,601 $ 51.90 1,046 $ 52.08 136 $ 51.48 - $ - Granted 823 64.95 242 72.53 - - 1,747 69.68 Exercised/vested (961 ) 49.76 (336 ) 46.87 (41 ) 50.89 - - Forfeited/expired (191 ) 57.62 (71 ) 59.11 - - - - Balance - November 2, 2019 2,272 $ 56.45 881 $ 59.13 95 $ 51.74 1,747 $ 69.68 Effective April 18, 2019, in connection with our entry into a commercial agreement with Amazon.com Services, Inc. (“Amazon”), we issued warrants to an affiliate of Amazon, to purchase up to 1,747,441 shares of our common stock at an exercise price of $69.68, subject to customary anti-dilution provisions. The fair value was estimated to be $17.52 per warrant using a binomial lattice method. The warrants vest in five equal annual installments beginning on January 15, 2020 and expire on April 18, 2026. Unvested warrants will not vest if the commercial agreement is terminated, not renewed, or if no substitute written returns arrangement is entered into between the parties.

Contingencies

Contingencies	9 Months Ended
	Nov. 02, 2019
Commitments And Contingencies Disclosure [Abstract]
Contingencies	6. Contingencies We are subject to certain legal proceedings and claims arising out of the conduct of our business. In the opinion of management, the outcome of these proceedings and litigation will not have a material adverse impact on our Consolidated Financial Statements.

Net Income Per Share

Net Income Per Share	9 Months Ended
	Nov. 02, 2019
Earnings Per Share [Abstract]
Net Income Per Share	7 . Net Income Per Share Basic net income per share is net income divided by the average number of common shares outstanding during the period. Diluted net income per share includes incremental shares assumed for share-based awards and stock warrants. The information required to compute basic and diluted net income per share is as follows: Three Months Ended Nine Months Ended (Dollar and Shares in Millions, Except per Share Data) November 2, 2019 November 3, 2018 November 2, 2019 November 3, 2018 Numerator—Net income $ 123 $ 161 $ 426 $ 529 Denominator—Weighted-average shares: Basic 156 164 158 165 Dilutive impact 1 1 1 1 Diluted 157 165 159 166 Antidilutive shares 2 — 1 — Net income per share: Basic $ 0.79 $ 0.98 $ 2.69 $ 3.21 Diluted $ 0.78 $ 0.98 $ 2.67 $ 3.19

Basis of Presentation (Policies

Basis of Presentation (Policies)	9 Months Ended
	Nov. 02, 2019
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Description of Issued, But Not Yet Effective, Accounting Standards	The following table provides a brief description of issued, but not yet effective, accounting standards: Standard Description Effect on our Financial Statements Cloud Computing (ASU 2018-15) Issued August 2018 Effective Q1 2020 Under the new standard, implementation costs related to a cloud computing arrangement will be deferred or expensed as incurred, in accordance with the existing internal-use software guidance for similar costs. The new standard also prescribes the balance sheet, income statement and cash flow classification of the capitalized implementation costs and related amortization expense. We are evaluating the impact of the new standard, but believe it is generally consistent with our current accounting for cloud computing arrangements and will not have a material impact on our financials. Current Expected Credit Losses (ASU 2016-13) Issued June 2016 Effective Q1 2020 Under the new standard, credit losses for financial assets measured at amortized cost should be determined based on the total current expected credit losses over the life of the financial asset or group of financial assets. The amendments are effective on February 2, 2020 and must be applied using a modified retrospective approach with a cumulative-effect adjustment through retained earnings as of the beginning of the fiscal year upon adoption as required. We are evaluating the impact of the new standard, but believe it will not have a material impact on our financial statements.

Revenue Recognition (Tables)

Revenue Recognition (Tables)	9 Months Ended
	Nov. 02, 2019
Revenue From Contract With Customer [Abstract]
Schedule of Net Sales by Line of Business	The following table summarizes net sales by line of business: Three Months Ended Nine Months Ended (Dollars in Millions) November 2, 2019 November 3, 2018 (1) November 2, 2019 November 3, 2018 (1) Women's $ 1,264 $ 1,287 $ 3,857 $ 3,982 Men's 938 925 2,656 2,668 Home 715 719 1,994 2,090 Children's 647 650 1,561 1,569 Footwear 472 470 1,338 1,372 Accessories 322 318 942 951 Net Sales $ 4,358 $ 4,369 $ 12,348 $ 12,632 (1) Certain businesses do not agree to previously reported amounts due to changes in category classification.

Debt (Tables)

Debt (Tables)	9 Months Ended
	Nov. 02, 2019
Debt Disclosure [Abstract]
Components of long-term debt	Long-term debt consists of the following unsecured senior debt: Coupon Rate Outstanding Maturity by fiscal year (Dollars in Millions) Effective Rate November 2, 2019 February 2, 2019 November 3, 2018 2021 4.81 % 4.00 % $ - $ - $ 413 2023 3.25 % 3.25 % 350 350 350 2023 4.78 % 4.75 % 184 184 184 2025 4.25 % 4.25 % 650 650 650 2029 7.36 % 7.25 % 42 42 42 2033 6.05 % 6.00 % 113 113 112 2037 6.89 % 6.88 % 101 101 101 2045 5.57 % 5.55 % 427 433 433 Outstanding long-term debt 1,867 1,873 2,285 Unamortized debt discounts and deferred financing costs (11 ) (12 ) (13 ) Long-term debt $ 1,856 $ 1,861 $ 2,272 Effective interest rate 4.74 % 4.74 % 4.76 %

Leases (Tables)

Leases (Tables)	9 Months Ended
	Nov. 02, 2019
Summary of Operating and Finance Leases	The following tables summarize our operating and finance leases and where they are presented in our Consolidated Financial Statements: Consolidated Balance Sheet November 2, 2019 (Dollars in Millions) Classification Assets Operating leases Operating leases $ 2,427 Finance leases Property and equipment, net 617 Total operating and finance leases 3,044 Liabilities Current Operating leases Current portion of operating leases 162 Finance leases Current portion of finance lease and financing obligations 74 Noncurrent Operating leases Operating leases 2,643 Finance leases Finance lease and financing obligations 836 Total operating and finance leases $ 3,715 Consolidated Statement of Income Three Months Ended November 2, 2019 Nine Months Ended November 2, 2019 (Dollars in Millions) Classification Operating leases Selling, general, and administrative $ 79 $ 236 Finance leases Amortization of leased assets Depreciation and amortization 18 53 Interest on lease liabilities Interest expense, net 25 73 Total operating and finance leases $ 122 $ 362 Consolidated Statement of Cash Flows Nine Months Ended November 2, 2019 (Dollars in Millions) Classification Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from operating leases $ 249 Operating cash flows from finance leases 73 Financing cash flows from finance leases 56
Summary of Future Lease Payments	The following table summarizes future lease payments by fiscal year: November 2, 2019 (Dollars in Millions) Operating Leases Finance Leases Total 2019 $ 66 $ 43 $ 109 2020 311 176 487 2021 303 156 459 2022 290 139 429 2023 275 117 392 After 2023 3,660 1,765 5,425 Total lease payments 4,905 2,396 7,301 Amount representing interest (2,100 ) (1,486 ) (3,586 ) Lease liabilities $ 2,805 $ 910 $ 3,715
Summary of Weighted-Average Remaining Lease Term and Discount Rates	The following table summarizes weighted-average remaining lease term and discount rates: November 2, 2019 Weighted-average remaining term (years) Operating leases 20 Finance leases 17 Weighted-average discount rate Operating leases 6 % Finance leases 11 %
Summary of Financing Obligations	The following tables summarize our financing obligations and where they are presented in our Consolidated Financial Statements: Consolidated Balance Sheet (Dollars in Millions) Classification November 2, 2019 Assets Financing obligations Property and equipment, net $ 78 Liabilities Current Current portion of finance lease and financing obligations 36 Noncurrent Finance lease and financing obligations 496 Total financing obligations $ 532 Consolidated Statement of Income Three Month Ended November 2, 2019 Nine Months Ended November 2, 2019 (Dollars in Millions) Classification Amortization of financing obligation assets Depreciation and amortization $ 3 $ 8 Interest on financing obligations Interest expense, net 9 28 Total financing obligations $ 12 $ 36 Consolidated Statement of Cash Flows Nine Months Ended November 2, 2019 (Dollars in Millions) Classification Cash paid for amounts included in the measurement of financing obligations Operating cash flows from financing obligations $ 28 Financing cash flows from financing obligations 32 Proceeds from financing obligations 11 Gain on extinguishment of debt (9 )
Summary of Future Financing Obligation Payments	The following table summarizes future financing obligation payments by fiscal year: (Dollars in Millions) November 2, 2019 2019 $ 12 2020 71 2021 71 2022 68 2023 66 After 2023 249 Total financing obligations payments 537 Non-cash gain on future sale of property 228 Amount representing interest (233 ) Financing obligation liability $ 532
Summary of Weighted-Average Remaining Term and Discount Rate for Financing Obligations	The November 2, 2019 Weighted-average remaining term (years) 9 Weighted-average discount rate 7 %
ASU No. 2016-02 [Member]
Summary of Changes in Consolidated Balance Sheet upon Adoption of New Standard	The following table summarizes changes in our Consolidated Balance Sheet upon adoption of the new standard: (Dollars in Millions) Assets Property and equipment, net $ (174 ) (a) Operating leases 2,446 (b) Other assets (32 ) (c) Total assets $ 2,240 Liabilities and Shareholders' Equity Finance lease and financing obligations $ (237 ) (a) Operating leases 2,771 (b) Accrued and other liabilities (413 ) (c) Deferred taxes 31 (d) Shareholders' equity 88 (d) Total liabilities and shareholders' equity $ 2,240 (a) The reductions are primarily due to historical failed sale-leaseback and build-to-suit arrangements where we were deemed owner for accounting purposes. In accordance with ASC 842 transition provisions, they became operating or finance leases. (b) The increases include land and other operating leases which were not previously recorded on our balance sheet or were previously recorded as financing obligations. (c) The reductions are primarily due to the reclassification of lease-related assets and liabilities such as straight-line rent and reserves for closed stores to operating lease assets and liabilities. (d) The cumulative effect of lease adjustments, net of the deferred tax impact, was recorded as an adjustment to retained earnings. In addition, retained earnings include a $26 million lease impairment charge.

Stock-Based Awards (Tables)

Stock-Based Awards (Tables)	9 Months Ended
	Nov. 02, 2019
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Summary of Stock-Based Awards Activity	The following table summarizes our stock-based awards activity for the nine months ended November 2, 2019: Nonvested Stock Awards Performance Share Units Stock Options Stock Warrants (Shares and Units in Thousands) Shares Weighted Average Grant Date Fair Value Units Weighted Average Grant Date Fair Value Shares Weighted Average Exercise Price Shares Weighted Average Exercise Price Balance - February 2, 2019 2,601 $ 51.90 1,046 $ 52.08 136 $ 51.48 - $ - Granted 823 64.95 242 72.53 - - 1,747 69.68 Exercised/vested (961 ) 49.76 (336 ) 46.87 (41 ) 50.89 - - Forfeited/expired (191 ) 57.62 (71 ) 59.11 - - - - Balance - November 2, 2019 2,272 $ 56.45 881 $ 59.13 95 $ 51.74 1,747 $ 69.68

Net Income Per Share (Tables)

Net Income Per Share (Tables)	9 Months Ended
	Nov. 02, 2019
Earnings Per Share [Abstract]
Computation of Basic and Diluted Net Income Per Share	The information required to compute basic and diluted net income per share is as follows: Three Months Ended Nine Months Ended (Dollar and Shares in Millions, Except per Share Data) November 2, 2019 November 3, 2018 November 2, 2019 November 3, 2018 Numerator—Net income $ 123 $ 161 $ 426 $ 529 Denominator—Weighted-average shares: Basic 156 164 158 165 Dilutive impact 1 1 1 1 Diluted 157 165 159 166 Antidilutive shares 2 — 1 — Net income per share: Basic $ 0.79 $ 0.98 $ 2.69 $ 3.21 Diluted $ 0.78 $ 0.98 $ 2.67 $ 3.19

Revenue Recognition - Schedule

Revenue Recognition - Schedule of Net Sales by Line of Business (Details) - USD ($) $ in Millions	3 Months Ended			9 Months Ended
	Nov. 02, 2019	Nov. 03, 2018		Nov. 02, 2019	Nov. 03, 2018
Disaggregation Of Revenue [Line Items]
Net Sales	$ 4,625	$ 4,628		$ 13,142	$ 13,406
Net Sales [Member]
Disaggregation Of Revenue [Line Items]
Net Sales	4,358	4,369	[1]	12,348	12,632	[1]
Net Sales [Member] | Women's [Member]
Disaggregation Of Revenue [Line Items]
Net Sales	1,264	1,287	[1]	3,857	3,982	[1]
Net Sales [Member] | Men's [Member]
Disaggregation Of Revenue [Line Items]
Net Sales	938	925	[1]	2,656	2,668	[1]
Net Sales [Member] | Home [Member]
Disaggregation Of Revenue [Line Items]
Net Sales	715	719	[1]	1,994	2,090	[1]
Net Sales [Member] | Children's [Member]
Disaggregation Of Revenue [Line Items]
Net Sales	647	650	[1]	1,561	1,569	[1]
Net Sales [Member] | Footwear [Member]
Disaggregation Of Revenue [Line Items]
Net Sales	472	470	[1]	1,338	1,372	[1]
Net Sales [Member] | Accessories [Member]
Disaggregation Of Revenue [Line Items]
Net Sales	$ 322	$ 318	[1]	$ 942	$ 951	[1]
[1]	Certain businesses do not agree to previously reported amounts due to changes in category classification.

Revenue Recognition - Additiona

Revenue Recognition - Additional Information (Details) - USD ($) $ in Millions	Nov. 02, 2019	Feb. 02, 2019	Nov. 03, 2018
Revenue From Contract With Customer [Abstract]
Liabilities for performance obligations resulting from rewards programs, return reserves, unredeemed gift cards and merchandise return cards	$ 354	$ 413	$ 337

Debt - Components of Long-term

Debt - Components of Long-term Debt (Details) - USD ($) $ in Millions	Nov. 02, 2019	Feb. 02, 2019	Nov. 03, 2018
Debt Instrument [Line Items]
Effective interest rate	4.74%	4.74%	4.76%
Outstanding	$ 1,867	$ 1,873	$ 2,285
Unamortized debt discounts and deferred financing costs	(11)	(12)	(13)
Long-term debt	$ 1,856	1,861	2,272
Senior Notes [Member] | Senior Notes Due 2021 [Member]
Debt Instrument [Line Items]
Effective interest rate	4.81%
Debt Instrument, Interest Rate, Stated Percentage	4.00%
Outstanding			413
Senior Notes [Member] | Senior Notes Due 2023 [Member]
Debt Instrument [Line Items]
Effective interest rate	3.25%
Debt Instrument, Interest Rate, Stated Percentage	3.25%
Outstanding	$ 350	350	350
Senior Notes [Member] | Senior Notes 4.78% Due 2023 [Member]
Debt Instrument [Line Items]
Effective interest rate	4.78%
Debt Instrument, Interest Rate, Stated Percentage	4.75%
Outstanding	$ 184	184	184
Senior Notes [Member] | Senior Notes Due 2025 [Member]
Debt Instrument [Line Items]
Effective interest rate	4.25%
Debt Instrument, Interest Rate, Stated Percentage	4.25%
Outstanding	$ 650	650	650
Senior Notes [Member] | Senior Notes Due 2029 [Member]
Debt Instrument [Line Items]
Effective interest rate	7.36%
Debt Instrument, Interest Rate, Stated Percentage	7.25%
Outstanding	$ 42	42	42
Senior Notes [Member] | Senior Notes Due 2033 [Member]
Debt Instrument [Line Items]
Effective interest rate	6.05%
Debt Instrument, Interest Rate, Stated Percentage	6.00%
Outstanding	$ 113	113	112
Senior Notes [Member] | Senior Notes Due 2037 [Member]
Debt Instrument [Line Items]
Effective interest rate	6.89%
Debt Instrument, Interest Rate, Stated Percentage	6.88%
Outstanding	$ 101	101	101
Senior Notes [Member] | Senior Notes Due 2045 [Member]
Debt Instrument [Line Items]
Effective interest rate	5.57%
Debt Instrument, Interest Rate, Stated Percentage	5.55%
Outstanding	$ 427	$ 433	$ 433

Debt - Additional Information (

Debt - Additional Information (Details) - USD ($)	Jul. 25, 2019	Nov. 02, 2019	Nov. 03, 2018	Feb. 02, 2019
Debt Instrument [Line Items]
Long-term Debt, Fair Value		$ 2,000,000,000	$ 2,300,000,000	$ 1,800,000,000
Reduction of long-term borrowings		$ 6,000,000	530,000,000
Senior Notes [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Maximum borrowing Capacity	$ 1,000,000,000
Debt instrument, term	5 years
Debt instrument, maturity date	2024-07
Debt instrument, maturity date description		On July 25, 2019, we amended and extended our existing credit facility with various lenders which provides for a $1.0 billion senior unsecured five-year revolving credit facility that will mature in July 2024.
Outstanding amount		$ 0	$ 0	$ 0
Senior Notes [Member] | Repurchased on Open Market [Member]
Debt Instrument [Line Items]
Reduction of long-term borrowings		$ 6,000,000

Leases - Summary of Changes in

Leases - Summary of Changes in Consolidated Balance Sheet upon Adoption of New Standard (Details) - USD ($) $ in Millions		Nov. 02, 2019	Feb. 03, 2019	Feb. 02, 2019	Nov. 03, 2018
Assets
Property and equipment, net		$ 7,364		$ 7,428	$ 7,538
Operating leases		2,427
Other assets		167		206	243
Total assets		15,739		12,469	14,118
Liabilities and Shareholders’ Equity
Operating leases		2,805
Deferred income taxes		258		184	201
Shareholders' equity		5,355		5,527	5,453
Total liabilities and shareholders’ equity		$ 15,739		$ 12,469	$ 14,118
ASU No. 2016-02 [Member] | Impact of Adoption [Member]
Assets
Property and equipment, net	[1]		$ (174)
Operating leases	[2]		2,446
Other assets	[3]		(32)
Total assets			2,240
Liabilities and Shareholders’ Equity
Finance lease and financing obligations	[1]		(237)
Operating leases	[2]		2,771
Accrued and other liabilities	[3]		(413)
Deferred income taxes	[4]		31
Shareholders' equity	[4]		88
Total liabilities and shareholders’ equity			$ 2,240
[1]	The reductions are primarily due to historical failed sale-leaseback and build-to-suit arrangements where we were deemed owner for accounting purposes. In accordance with ASC 842 transition provisions, they became operating or finance leases.
[2]	The increases include land and other operating leases which were not previously recorded on our balance sheet or were previously recorded as financing obligations.
[3]	The reductions are primarily due to the reclassification of lease-related assets and liabilities such as straight-line rent and reserves for closed stores to operating lease assets and liabilities.
[4]	The cumulative effect of lease adjustments, net of the deferred tax impact, was recorded as an adjustment to retained earnings.  In addition, retained earnings include a $26 million lease impairment charge.

Leases - Summary of Changes i_2

Leases - Summary of Changes in Consolidated Balance Sheet upon Adoption of New Standard (Parenthetical) (Details) $ in Millions	Feb. 03, 2019USD ($)
ASU No. 2016-02 [Member] | Retained Earnings [Member]
Lessee Lease Description [Line Items]
Lease impairment charge	$ 26

Leases - Additional Information

Leases - Additional Information (Details) - USD ($) $ in Millions	1 Months Ended	3 Months Ended	9 Months Ended
	Oct. 31, 2019	Nov. 02, 2019	Nov. 02, 2019	Nov. 03, 2018
Leases [Line Items]
Operating lease option to extend reasonably certain of being exercised		$ 2,900	$ 2,900
Finance lease option to extend reasonably certain of being exercised		1,500	1,500
Gain on extinguishment of debt	$ 9	$ 9	$ 9	$ (42)
Store [Member]
Leases [Line Items]
Lease extension term			5 years
Minimum [Member] | Store [Member]
Leases [Line Items]
Lease initial term			20 years
Lease renewal term			4 years
Maximum [Member] | Store [Member]
Leases [Line Items]
Lease initial term			25 years
Lease renewal term			8 years

Leases - Summary of Operating a

Leases - Summary of Operating and Finance Leases (Details) $ in Millions	3 Months Ended	9 Months Ended
	Nov. 02, 2019USD ($)	Nov. 02, 2019USD ($)
Assets
Operating leases	$ 2,427	$ 2,427
Finance leases	$ 617	$ 617
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	us-gaap:PropertyPlantAndEquipmentNet	us-gaap:PropertyPlantAndEquipmentNet
Total operating and finance leases	$ 3,044	$ 3,044
Current liabilities:
Operating leases	162	162
Finance leases	$ 74	$ 74
Finance Lease, Liability, Current, Statement of Financial Position [Extensible List]	kss:FinanceLeaseLiabilityAndFinancingObligationCurrent	kss:FinanceLeaseLiabilityAndFinancingObligationCurrent
Noncurrent
Operating leases	$ 2,643	$ 2,643
Finance leases	$ 836	$ 836
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	kss:FinanceLeaseLiabilityAndFinancingObligationNoncurrent	kss:FinanceLeaseLiabilityAndFinancingObligationNoncurrent
Total operating and finance leases	$ 3,715	$ 3,715
Income Statement
Operating leases	79	236
Finance leases
Amortization of leased assets	18	53
Interest on lease liabilities	25	73
Total operating and finance leases	$ 122	362
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases		249
Operating cash flows from finance leases		73
Financing cash flows from finance leases		$ 56

Leases - Summary of Future Leas

Leases - Summary of Future Lease Payments (Details) $ in Millions	Nov. 02, 2019USD ($)
Leases [Abstract]
Operating Leases, 2019	$ 66
Operating Leases, 2020	311
Operating Leases, 2021	303
Operating Leases, 2022	290
Operating Leases, 2023	275
Operating Leases, After 2023	3,660
Total lease payments, Operating Leases	4,905
Amount representing interest, Operating Leases	(2,100)
Lease liabilities, Operating Leases	2,805
Finance Leases, 2019	43
Finance Leases, 2020	176
Finance Leases, 2021	156
Finance Leases, 2022	139
Finance Leases, 2023	117
Finance Leases, After 2023	1,765
Total lease payments, Finance Leases	2,396
Amount representing interest, Finance Leases	(1,486)
Lease liabilities, Finance Leases	910
2019	109
2020	487
2021	459
2022	429
2023	392
After 2023	5,425
Total lease payments	7,301
Amount representing interest	(3,586)
Lease liabilities	$ 3,715

Leases - Summary of Weighted-Av

Leases - Summary of Weighted-Average Remaining Lease Term and Discount Rates (Details)	Nov. 02, 2019
Leases [Abstract]
Operating leases, Weighted-average remaining term (years)	20 years
Finance leases, Weighted-average remaining term (years)	17 years
Operating leases, Weighted-average discount rate	6.00%
Finance leases, Weighted-average discount rate	11.00%

Leases - Summary of Financing O

Leases - Summary of Financing Obligations (Details) - USD ($) $ in Millions	1 Months Ended	3 Months Ended	9 Months Ended
	Oct. 31, 2019	Nov. 02, 2019	Nov. 02, 2019	Nov. 03, 2018
Assets
Financing obligations		$ 78	$ 78
Liabilities
Current		36	36
Noncurrent		496	496
Total financing obligations		532	532
Income Statement
Amortization of financing obligation assets		3	8
Interest on financing obligations		9	28
Total financing obligations		12	36
Cash paid for amounts included in the measurement of financing obligations
Operating cash flows from financing obligations			28
Financing cash flows from financing obligations			32
Proceeds from financing obligations			11
Gain on extinguishment of debt	$ (9)	$ (9)	$ (9)	$ 42

Leases - Summary of Future Fina

Leases - Summary of Future Financing Obligation Payments (Details) $ in Millions	Nov. 02, 2019USD ($)
Leases [Abstract]
2019	$ 12
2020	71
2021	71
2022	68
2023	66
After 2023	249
Total financing obligations payments	537
Non-cash gain on future sale of property	228
Amount representing interest	(233)
Total financing obligations	$ 532

Leases - Summary of Weighted-_2

Leases - Summary of Weighted-Average Remaining Term and Discount Rate for Financing Obligations (Details)	9 Months Ended
	Nov. 02, 2019
Leases [Abstract]
Weighted-average remaining term (years)	9 years
Weighted-average discount rate	7.00%

Stock-Based Awards - Summary of

Stock-Based Awards - Summary of Stock-Based Awards Activity (Details) shares in Thousands	9 Months Ended
	Nov. 02, 2019$ / sharesshares
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock Options, Beginning Balance | shares	136
Stock Options, Exercised/vested | shares	(41)
Stock Options, Ending Balance | shares	95
Stock Options, Weighted Average Exercise Price, Beginning Balance | $ / shares	$ 51.48
Stock Options, Weighted Average Exercise Price, Exercised/vested | $ / shares	50.89
Stock Options, Weighted Average Exercise Price, Ending Balance | $ / shares	$ 51.74
Stock Warrants, Granted | shares	1,747
Stock Warrants, Ending Balance | shares	1,747
Stock Warrants, Weighted Average Exercise Price, Granted | $ / shares	$ 69.68
Stock Warrants, Weighted Average Exercise Price, Ending Balance | $ / shares	$ 69.68
Nonvested Stock Awards [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock Awards/ Share Units, Beginning Balance | shares	2,601
Stock Awards/ Share Units, Granted | shares	823
Stock Awards/ Share Units, Exercised/vested | shares	(961)
Stock Awards/ Share Units, Forfeited/expired | shares	(191)
Stock Awards/ Share Units, Ending Balance | shares	2,272
Stock Awards/ Share Units, Weighted Average Grant Date Fair Value, Beginning Balance | $ / shares	$ 51.90
Stock Awards/ Share Units, Awards/Units, Weighted Average Grant Date Fair Value, Granted | $ / shares	64.95
Stock Awards/ Share Units, Weighted Average Grant Date Fair Value, Exercised/vested | $ / shares	49.76
Stock Awards/ Share Units, Weighted Average Grant Date Fair Value, Forfeited/expired | $ / shares	57.62
Stock Awards/ Share Units, Weighted Average Grant Date Fair Value, Ending Balance | $ / shares	$ 56.45
Performance Share Units [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock Awards/ Share Units, Beginning Balance | shares	1,046
Stock Awards/ Share Units, Granted | shares	242
Stock Awards/ Share Units, Exercised/vested | shares	(336)
Stock Awards/ Share Units, Forfeited/expired | shares	(71)
Stock Awards/ Share Units, Ending Balance | shares	881
Stock Awards/ Share Units, Weighted Average Grant Date Fair Value, Beginning Balance | $ / shares	$ 52.08
Stock Awards/ Share Units, Awards/Units, Weighted Average Grant Date Fair Value, Granted | $ / shares	72.53
Stock Awards/ Share Units, Weighted Average Grant Date Fair Value, Exercised/vested | $ / shares	46.87
Stock Awards/ Share Units, Weighted Average Grant Date Fair Value, Forfeited/expired | $ / shares	59.11
Stock Awards/ Share Units, Weighted Average Grant Date Fair Value, Ending Balance | $ / shares	$ 59.13

Stock-Based Awards - Additional

Stock-Based Awards - Additional Information (Details)	Apr. 18, 2019Installment$ / sharesshares	Nov. 02, 2019$ / sharesshares
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of shares to be purchased warrants | shares		1,747,000
Exercise price of warrants		$ 69.68
Amazon [Member] | Commercial Agreement [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of shares to be purchased warrants | shares	1,747,441
Exercise price of warrants	$ 69.68
Estimated of fair value per warrant	$ 17.52
Warrants, number of vesting annual installments | Installment	5
Warrants vest, beginning date	Jan. 15, 2020
Warrants vest, expiration date	Apr. 18, 2026

Net Income Per Share - Computat

Net Income Per Share - Computation of Basic and Diluted Net Income Per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Nov. 02, 2019	Nov. 03, 2018	Nov. 02, 2019	Nov. 03, 2018
Earnings Per Share [Abstract]
Numerator—Net income	$ 123	$ 161	$ 426	$ 529
Denominator-Weighted average shares: Basic	156	164	158	165
Dilutive impact	1	1	1	1
Weighted average shares, Diluted	157	165	159	166
Antidilutive shares	2		1
Basic	$ 0.79	$ 0.98	$ 2.69	$ 3.21
Diluted	$ 0.78	$ 0.98	$ 2.67	$ 3.19