Revenue (Notes)
 6 Months Ended
Aug. 01, 2020
Revenue from Contract with Customer [Abstract]  
Revenue from Contract with Customer [Text Block]
6. Revenue

Our contracts with customers primarily consist of sales of merchandise and services at the point of sale, sales of gift cards to a customer for a future purchase, customer loyalty rewards that provide discount rewards to customers based on purchase activity, and certain licensing and profit-sharing arrangements involving the use of our intellectual property by others.
Revenue includes Total net sales and Credit income and other. Net sales are categorized by merchandise and service sale groupings as we believe it best depicts the nature, amount, timing and uncertainty of revenue and cash flow.

The following table provides the components of Net sales for the three and six months ended August 1, 2020 and August 3, 2019:
Three Months EndedSix Months Ended
($ in millions)August 1, 2020August 3, 2019August 1, 2020August 3, 2019
Women’s apparel$271 19 %$558 22 %$487 19 %$1,073 21 %
Men’s apparel and accessories289 21 %537 21 %50220 %1,015 21 %
Women’s accessories, including Sephora219 16 %401 16 %38916 %778 16 %
Home172 12 %246 10 %31713 %551 11 %
Footwear and handbags147 11 %272 11 %26411 %528 11 %
Kid’s, including toys108 8 %216 9 %1938 %416 8 %
Jewelry90 6 %124 5 %1657 %262 5 %
Services and other94 7 %155 6 %1556 %325 7 %
Total net sales$1,390 100 %$2,509 100 %$2,472 100 %$4,948 100 %
Credit income and other encompasses the revenue earned from the agreement with Synchrony Financial (Synchrony) associated with our private label credit card and co-branded MasterCard® programs.
The Company has contract liabilities associated with the sales of gift cards and our customer loyalty program. These liabilities include consideration received for gift card and loyalty related performance obligations which have not been satisfied as of a given date. The liabilities are included in other accounts payable and accrued expenses in the unaudited Interim Consolidated Balance Sheets and were as follows:
(in millions)August 1, 2020August 3, 2019February 1, 2020
Gift cards$109 $114 $136 
Loyalty rewards62 63 58 
Total contract liability$171 $177 $194 

A rollforward of the amounts included in contract liability for the first six months of 2020 and 2019 are as follows:
(in millions)20202019
Beginning balance$194 $200 
Current period gift cards sold and loyalty reward points earned73 173 
Net sales from amounts included in contract liability opening balances(42)(56)
Net sales from current period usage(54)(140)
Ending balance$171 $177