Information regarding the gross amounts of our derivative instruments in the unaudited interim Consolidated Balance Sheets is as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Asset Derivatives at Fair Value | | Liability Derivatives at Fair Value | | ($ in millions) | Balance Sheet Location | | August 1, 2020 (1) | | August 3, 2019 (1) | | February 1, 2020 (1) | | Balance Sheet Location | | August 1, 2020 (1) | | August 3, 2019 (1) | | February 1, 2020 (1) | | | | | | | | | | | | | | | | | | Interest rate swaps | Prepaid expenses and other | | $ | — | | | $ | 1 | | | $ | — | | | Other accounts payable and accrued expenses | | $ | 77 | | | $ | — | | | $ | — | | | Interest rate swaps | Other assets | | — | | | — | | | — | | | Other liabilities | | — | | | 48 | | | 58 | | | Total derivatives | | | $ | — | | | $ | 1 | | | $ | — | | | | | $ | 77 | | | $ | 48 | | | $ | 58 | |
(1) Derivatives as of August 1, 2020, were not designated as hedging instruments; derivatives as of August 3, 2019, and February 1, 2020, were designated as hedging instruments
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