Significant Accounting Policies (Tables)
 12 Months Ended
Feb. 01, 2020
Accounting Policies [Abstract]  
Disaggregation of Revenue
Based on how we categorized our merchandise divisions in 2019, the components of Net sales for 2019 and 2018 were as follows:
($ in millions)
2019
 
2018
Men’s apparel and accessories
$
2,320

 
22
%
 
$
2,432

 
20
%
Women’s apparel
2,195

 
21
%
 
2,293

 
20
%
Women’s accessories, including Sephora
1,516

 
14
%
 
1,637

 
14
%
Home
1,191

 
11
%
 
1,606

 
14
%
Footwear and handbags
1,191

 
11
%
 
1,255

 
11
%
Kids’, including toys
991

 
9
%
 
1,070

 
9
%
Jewelry
641

 
6
%
 
652

 
6
%
Services and other
671

 
6
%
 
719

 
6
%
Total net sales
$
10,716

 
100
%
 
$
11,664

 
100
%
Contract with Customer, Liability
The liabilities are included in Other accounts payable and accrued expenses in the Consolidated Balance Sheets and were as follows:
(in millions)
2019
 
2018
Gift cards
$
136

 
$
140

Loyalty rewards
58

 
60

Total contract liability
$
194

 
$
200
Change in Contract with Customer, Liability Rollforward
A rollforward of the amounts included in contract liability for 2019 and 2018 are as follows:
(in millions)
2019
 
2018
Beginning balance
$
200

 
$
217

Current period gift cards sold and loyalty reward points earned
401

 
422

Net sales from amounts included in contract liability opening balances
(72
)
 
(80
)
Net sales from current period usage
(335
)
 
(359
)
Ending balance
$
194

 
$
200
Schedule of Property and Equipment, Net
 
 
Estimated Useful Lives
 
 
 
 
($ in millions)
 
(Years)
 
2019
 
2018
Land
 
N/A
 
$
213

 
$
236

Buildings
 
50
 
4,292

 
4,608

Furniture and equipment
 
3-20
 
879

 
1,343

Leasehold improvements (1)
 
 
 
1,094

 
1,070

Finance leases (equipment)
 
3-5
 
105

 
106

Accumulated depreciation
 
 
 
(3,095
)
 
(3,425
)
Property and equipment, net
 
 
 
$
3,488

 
$
3,938



(1)
Leasehold improvements are depreciated over the shorter of the estimated useful lives of the improvements or the term of the lease, including renewals determined to be reasonably certain.