Condensed Consolidated Statements Of Earnings - USD ($) shares in Millions, $ in Millions |
3 Months Ended | 9 Months Ended | |||
|---|---|---|---|---|---|
Oct. 28, 2023 |
Oct. 29, 2022 |
Oct. 28, 2023 |
Oct. 29, 2022 |
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| Income Statement [Abstract] | |||||
| Net sales | $ 3,200 | $ 3,433 | $ 9,926 | $ 10,891 | |
| Credit card revenues, net | 120 | 113 | 347 | 320 | |
| Total revenues | 3,320 | 3,546 | 10,273 | 11,211 | |
| Cost of sales and related buying and occupancy costs | (2,080) | (2,294) | (6,488) | (7,211) | |
| Selling, general and administrative expenses | (1,163) | (1,249) | (3,466) | (3,722) | |
| Canada wind-down costs | 25 | 0 | (284) | 0 | |
| Earnings before interest and income taxes | 102 | 3 | 35 | 278 | |
| Interest expense, net | (24) | (32) | (78) | (101) | |
| Earnings (loss) before income taxes | 78 | (29) | (43) | 177 | |
| Income tax (expense) benefit | (11) | 9 | 43 | (51) | |
| Net earnings (loss) | $ 67 | $ (20) | $ 0 | $ 126 | |
| Earnings (loss) per share: | |||||
| Basic (in dollars per share) | $ 0.41 | $ (0.13) | $ 0 | $ 0.79 | |
| Diluted (in dollars per share) | $ 0.41 | $ (0.13) | $ 0 | $ 0.77 | |
| Weighted-average shares outstanding: | |||||
| Basic (in shares) | 162.0 | 159.5 | 161.5 | 160.1 | |
| Diluted (in shares) | 163.6 | 159.5 | 161.5 | 162.3 | |
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- Definition The aggregate of cost of sales, buying and occupancy costs during the reporting period. Buying costs consist primarily of compensation and other costs incurred by our merchandising and product development groups. Occupancy costs include rent, depreciation, property taxes and facility operating costs of our retail, corporate center and Supply Chain Network facilities. No definition available.
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- Definition Credit card revenues, net include Nordstrom's portion of the ongoing credit card revenue, net of credit losses, pursuant to our program agreement with the issuing bank of our consumer credit cards. No definition available.
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- Definition This element represents the income or loss from continuing operations (before interest income and interest expense) attributable to the economic entity which may also be defined as revenue less expenses from ongoing operations, after income or loss from equity method investments, but before interest income, interest expense, income taxes and extraordinary items. No definition available.
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- Definition Total revenue from sale of goods and services during the reporting period, in the normal course of business, reduced by sales returns and allowances and sales discounts. No definition available.
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- References No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, after cash payment, of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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