Annual report pursuant to Section 13 and 15(d)

Restructuring and Management Transition (Tables)

v3.20.1
Restructuring and Management Transition (Tables)
12 Months Ended
Feb. 01, 2020
Restructuring and Related Activities [Abstract]  
Schedule Of Current And Cumulative Restructuring And Management Transition Charges
The composition of restructuring and management transition charges was as follows:    
 
 
 
 
 
 
 
 
Cumulative Amount From Program Inception Through
($ in millions)
 
2019
 
2018
 
2017
 
2019
Home office and stores
 
$
43

 
$
13

 
$
176

 
$
529

Management transition
 
5

 
9

 

 
269

Other
 

 

 
8

 
186

Total
 
$
48

 
$
22

 
$
184

 
$
984


Restructuring and Management Transition Charges
Activity for the restructuring and management transition liability for 2019 and 2018 was as follows:
($ in millions)
 
Home Office and Stores
 
Management Transition
 
Other
 
Total
February 3, 2018
 
$
34

 
$

 
$
7

 
$
41

Charges
 
16

 
9

 

 
25

Cash payments
 
(34
)
 
(9
)
 
(5
)
 
(48
)
February 2, 2019
 
16

 

 
2

 
18

Impact of ASC 842 adoption (Note 3)
 
(13
)
 

 
(1
)
 
(14
)
Charges
 
19

 
5

 
1

 
25

Cash payments
 
(16
)
 
(3
)
 
(2
)
 
(21
)
February 1, 2020
 
$
6

 
$
2

 
$

 
$
8