2020 Q1 Form 10-K Financial Statement

#000007233320000078 Filed on March 20, 2020

View on sec.gov

Income Statement

Concept 2020 Q1 2020 2019 Q4
Revenue $4.537B $15.52B $3.672B
YoY Change 1.2% -2.12% -2.03%
Cost Of Revenue $2.883B $9.932B $2.344B
YoY Change 1.37% -2.2% -3.74%
Gross Profit $1.555B $5.200B $1.222B
YoY Change 0.97% -2.35% 0.74%
Gross Profit Margin 34.27% 33.5% 33.28%
Selling, General & Admin $1.355B $4.808B $1.135B
YoY Change 3.59% -1.23% -6.04%
% of Gross Profit 87.14% 92.46% 92.88%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $189.0M $661.0M $157.0M
YoY Change 10.53% -1.2% -1.88%
% of Gross Profit 12.15% 12.71% 12.85%
Operating Expenses $1.355B $4.808B $1.135B
YoY Change 3.59% -1.23% -6.04%
Operating Profit $200.0M $392.0M $87.00M
YoY Change -13.79% -14.22% 1640.0%
Interest Expense -$36.00M $102.0M $20.00M
YoY Change 56.52% -1.92% -20.0%
% of Operating Profit -18.0% 26.02% 22.99%
Other Income/Expense, Net
YoY Change
Pretax Income $263.0M $654.0M $173.0M
YoY Change -15.16% -17.42% 116.25%
Income Tax $71.00M $186.0M $47.00M
% Of Pretax Income 27.0% 28.44% 27.17%
Net Earnings $193.0M $496.0M $126.0M
YoY Change -22.18% -12.06% 88.06%
Net Earnings / Revenue 4.25% 3.2% 3.43%
Basic Earnings Per Share $1.24 $3.20 $0.81
Diluted Earnings Per Share $1.23 $3.18 $0.81
COMMON SHARES
Basic Shares Outstanding 156.3M shares 155.2M shares 155.2M shares
Diluted Shares Outstanding 156.1M shares 155.8M shares

Balance Sheet

Concept 2020 Q1 2020 2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $853.0M $853.0M $487.0M
YoY Change -10.87% -10.87% -56.79%
Cash & Equivalents $853.0M $853.0M $487.0M
Short-Term Investments
Other Short-Term Assets $278.0M $278.0M $310.0M
YoY Change -4.47% -4.47% -15.3%
Inventory $1.920B $1.920B $2.542B
Prepaid Expenses
Receivables $179.0M $179.0M $234.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $3.230B $3.230B $3.573B
YoY Change -4.27% -4.27% -16.85%
LONG-TERM ASSETS
Property, Plant & Equipment $4.179B $5.953B $4.146B
YoY Change 6.58% 51.82% 7.47%
Goodwill $249.0M $249.0M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $305.0M $305.0M $323.0M
YoY Change -10.82% -10.82% 5.9%
Total Long-Term Assets $6.507B $6.507B $6.502B
YoY Change 44.22% 44.22% 47.37%
TOTAL ASSETS
Total Short-Term Assets $3.230B $3.230B $3.573B
Total Long-Term Assets $6.507B $6.507B $6.502B
Total Assets $9.737B $9.737B $10.08B
YoY Change 23.47% 23.47% 15.68%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.576B $1.576B $2.148B
YoY Change 7.28% 7.28% 1.99%
Accrued Expenses $754.0M $754.0M $708.0M
YoY Change 30.0% 30.0% 34.6%
Deferred Revenue $576.0M $483.0M
YoY Change 5.11% 7.33%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00 $0.00
YoY Change -100.0% -100.0% -100.0%
Total Short-Term Liabilities $3.520B $3.520B $3.981B
YoY Change 4.11% 4.11% 3.62%
LONG-TERM LIABILITIES
Long-Term Debt $2.676B $2.676B $2.679B
YoY Change -0.04% -0.04% 0.04%
Other Long-Term Liabilities $687.0M $2.562B $669.0M
YoY Change 37.95% 168.27% 28.41%
Total Long-Term Liabilities $687.0M $5.238B $669.0M
YoY Change 37.95% 44.22% 28.41%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.520B $3.520B $3.981B
Total Long-Term Liabilities $687.0M $5.238B $669.0M
Total Liabilities $4.207B $8.758B $4.650B
YoY Change 8.46% 24.88% 6.58%
SHAREHOLDERS EQUITY
Retained Earnings -$2.082B -$2.217B
YoY Change -2.62% 24.76%
Common Stock $3.129B $3.106B
YoY Change 2.66% 2.54%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $979.0M $979.0M $851.0M
YoY Change
Total Liabilities & Shareholders Equity $9.737B $9.737B $10.08B
YoY Change 23.47% 23.47% 15.68%

Cashflow Statement

Concept 2020 Q1 2020 2019 Q4
OPERATING ACTIVITIES
Net Income $193.0M $496.0M $126.0M
YoY Change -22.18% -12.06% 88.06%
Depreciation, Depletion And Amortization $189.0M $661.0M $157.0M
YoY Change 10.53% -1.2% -1.88%
Cash From Operating Activities $667.0M $1.236B -$123.0M
YoY Change 1.99% -4.63% -356.25%
INVESTING ACTIVITIES
Capital Expenditures -$194.0M -$935.0M -$261.0M
YoY Change -13.78% 42.97% 63.13%
Acquisitions
YoY Change
Other Investing Activities $2.000M -$26.00M -$2.000M
YoY Change -90.0% 2500.0% -200.0%
Cash From Investing Activities -$192.0M -$909.0M -$263.0M
YoY Change -6.34% 39.2% 66.46%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $210.0M
YoY Change -69.03%
Debt Paid & Issued, Net $500.0M
YoY Change 792.86%
Cash From Financing Activities -109.0M -$431.0M -83.00M
YoY Change -82.39% -50.29% -21.7%
NET CHANGE
Cash From Operating Activities 667.0M $1.236B -123.0M
Cash From Investing Activities -192.0M -$909.0M -263.0M
Cash From Financing Activities -109.0M -$431.0M -83.00M
Net Change In Cash 366.0M -$104.0M -469.0M
YoY Change -315.29% -53.57% 117.13%
FREE CASH FLOW
Cash From Operating Activities $667.0M $1.236B -$123.0M
Capital Expenditures -$194.0M -$935.0M -$261.0M
Free Cash Flow $861.0M $2.171B $138.0M
YoY Change -2.05% 11.33% -33.65%

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CY2018 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
48000000 USD
CY2020 jwn Increase Decrease In Deferred Property Incentives
IncreaseDecreaseInDeferredPropertyIncentives
6000000 USD
CY2019 jwn Increase Decrease In Deferred Property Incentives
IncreaseDecreaseInDeferredPropertyIncentives
53000000 USD
CY2018 jwn Increase Decrease In Deferred Property Incentives
IncreaseDecreaseInDeferredPropertyIncentives
64000000 USD
CY2020 jwn Increase Decreasein Lease Liability
IncreaseDecreaseinLeaseLiability
-259000000 USD
CY2019 jwn Increase Decreasein Lease Liability
IncreaseDecreaseinLeaseLiability
0 USD
CY2018 jwn Increase Decreasein Lease Liability
IncreaseDecreaseinLeaseLiability
0 USD
CY2020 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
11000000 USD
CY2019 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-2000000 USD
CY2018 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
24000000 USD
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1236000000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1296000000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1400000000 USD
CY2020 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
935000000 USD
CY2019 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
654000000 USD
CY2018 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
731000000 USD
CY2020 jwn Proceedsfrom Saleof Loans Heldforsaleat Third Parties
ProceedsfromSaleofLoansHeldforsaleatThirdParties
0 USD
CY2019 jwn Proceedsfrom Saleof Loans Heldforsaleat Third Parties
ProceedsfromSaleofLoansHeldforsaleatThirdParties
0 USD
CY2018 jwn Proceedsfrom Saleof Loans Heldforsaleat Third Parties
ProceedsfromSaleofLoansHeldforsaleatThirdParties
16000000 USD
CY2020 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-26000000 USD
CY2019 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-1000000 USD
CY2018 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-31000000 USD
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-909000000 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-653000000 USD
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-684000000 USD
CY2020 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
499000000 USD
CY2019 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
CY2018 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
635000000 USD
CY2020 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
500000000 USD
CY2019 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
56000000 USD
CY2018 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
661000000 USD
CY2020 us-gaap Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
8000000 USD
CY2019 us-gaap Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
0 USD
CY2018 us-gaap Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
-55000000 USD
CY2020 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
229000000 USD
CY2019 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
250000000 USD
CY2018 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
247000000 USD
CY2020 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
210000000 USD
CY2019 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
678000000 USD
CY2018 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
211000000 USD
CY2020 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
29000000 USD
CY2019 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
163000000 USD
CY2018 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
39000000 USD
CY2020 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
17000000 USD
CY2019 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
20000000 USD
CY2018 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
7000000 USD
CY2020 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-11000000 USD
CY2019 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-26000000 USD
CY2018 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-35000000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-431000000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-867000000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-542000000 USD
CY2020 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-104000000 USD
CY2019 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-224000000 USD
CY2018 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
174000000 USD
CY2019Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
957000000 USD
CY2018Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1181000000 USD
CY2017Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1007000000 USD
CY2020Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
853000000 USD
CY2019Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
957000000 USD
CY2018Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1181000000 USD
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
178000000 USD
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
280000000 USD
CY2018 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
363000000 USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
111000000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
118000000 USD
CY2018 us-gaap Interest Paid Net
InterestPaidNet
143000000 USD
CY2020Q1 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
40 state
CY2020Q1 jwn Numberof Provincesinwhichthe Entity Operates
NumberofProvincesinwhichtheEntityOperates
3 province
CY2020 us-gaap Fiscal Period
FiscalPeriod
<div style="line-height:120%;padding-bottom:0px;padding-top:12px;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><span style="font-family:Arial Narrow;font-size:10pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">Fiscal Year</span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:Arial Narrow;font-size:10pt;">We operate on a 52/53-week fiscal year ending on the Saturday closest to January 31st.</span><span style="font-family:Arial Narrow;font-size:10pt;"> References to 2019 and all years except 2017 within this document are based on a 52-week fiscal year, while 2017 is based on a 53-week fiscal year.</span></div>
CY2020 us-gaap Use Of Estimates
UseOfEstimates
<div style="line-height:120%;padding-bottom:0px;padding-top:12px;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><span style="font-family:Arial Narrow;font-size:10pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">Use of Estimates</span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:Arial Narrow;font-size:10pt;">The preparation of financial statements in conformity with GAAP in the U.S. requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses, and disclosure of contingent assets and liabilities during the reporting period. Uncertainties regarding such estimates and assumptions are inherent in the preparation of financial statements and actual results may differ from these estimates and assumptions. Our most significant accounting judgments and estimates include leases, revenue recognition, inventory valuation, long-lived asset recoverability and income taxes.</span></div>
CY2020Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
853000000 USD
CY2020Q1 us-gaap Accrued Liabilities For Unredeeemed Gift Cards
AccruedLiabilitiesForUnredeeemedGiftCards
414000000 USD
CY2019Q1 us-gaap Accrued Liabilities For Unredeeemed Gift Cards
AccruedLiabilitiesForUnredeeemedGiftCards
389000000 USD
CY2020 jwn Revenue Recognition Gift Cards Breakage2017
RevenueRecognitionGiftCardsBreakage2017
17000000 USD
CY2019 jwn Revenue Recognition Gift Cards Breakage2017
RevenueRecognitionGiftCardsBreakage2017
14000000 USD
CY2018 jwn Revenue Recognition Gift Cards Breakage2017
RevenueRecognitionGiftCardsBreakage2017
16000000 USD
CY2018Q4 jwn Estimated Nordstrom Cardmembersto Receivea Refund
EstimatedNordstromCardmemberstoReceiveaRefund
0.04
CY2018Q4 jwn Amountof Customer Refundor Credit
AmountofCustomerRefundorCredit
100 USD
CY2020 us-gaap Advertising Expense
AdvertisingExpense
299000000 USD
CY2019 us-gaap Advertising Expense
AdvertisingExpense
246000000 USD
CY2018 us-gaap Advertising Expense
AdvertisingExpense
261000000 USD
CY2020 jwn Vendor Allowances
VendorAllowances
418000000 USD
CY2019 jwn Vendor Allowances
VendorAllowances
450000000 USD
CY2018 jwn Vendor Allowances
VendorAllowances
457000000 USD
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2018Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2020Q1 us-gaap Bank Overdrafts
BankOverdrafts
110000000 USD
CY2019Q1 us-gaap Bank Overdrafts
BankOverdrafts
102000000 USD
CY2017Q1 us-gaap Goodwill
Goodwill
238000000 USD
CY2018 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
0 USD
CY2018Q1 us-gaap Goodwill
Goodwill
238000000 USD
CY2019 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
11000000 USD
CY2019Q1 us-gaap Goodwill
Goodwill
249000000 USD
CY2020 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
0 USD
CY2020Q1 us-gaap Goodwill
Goodwill
249000000 USD
us-gaap Number Of Reporting Units
NumberOfReportingUnits
3
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
7000000 USD
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
11000000 USD
CY2018 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
11000000 USD
CY2020 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
11000000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
0 USD
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
278000000 USD
CY2020 us-gaap Variable Lease Cost
VariableLeaseCost
105000000 USD
CY2020 us-gaap Sublease Income
SubleaseIncome
9000000 USD
CY2020 us-gaap Lease Cost
LeaseCost
374000000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Rolling Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextRollingTwelveMonths
333000000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Two
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearTwo
353000000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Three
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearThree
327000000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Four
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFour
300000000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Five
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFive
252000000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due After Rolling Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterRollingYearFive
1136000000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
2701000000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
582000000 USD
CY2020Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
2119000000 USD
CY2020Q1 jwn Lessee Operating Lease Lease Notyet Commenced Liability Incurred
LesseeOperatingLeaseLeaseNotyetCommencedLiabilityIncurred
12000000 USD
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
360000000 USD
CY2020 jwn Operating Lease Interest
OperatingLeaseInterest
101000000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
150000000 USD
CY2020 jwn Developerreimbursements
Developerreimbursements
79000000 USD
CY2020 jwn Developer Reimbursement Amortization
DeveloperReimbursementAmortization
75000000 USD
CY2020Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P10Y
CY2020Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.047
CY2019 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
321000000 USD
CY2018 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
318000000 USD
CY2019 us-gaap Operating Leases Rent Expense Contingent Rentals
OperatingLeasesRentExpenseContingentRentals
9000000 USD
CY2018 us-gaap Operating Leases Rent Expense Contingent Rentals
OperatingLeasesRentExpenseContingentRentals
11000000 USD
CY2019 jwn Property Incentives
PropertyIncentives
79000000 USD
CY2018 jwn Property Incentives
PropertyIncentives
79000000 USD
CY2019 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
251000000 USD
CY2018 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
250000000 USD
CY2019 jwn Charges Not Included In Rent Expense
ChargesNotIncludedInRentExpense
138000000 USD
CY2018 jwn Charges Not Included In Rent Expense
ChargesNotIncludedInRentExpense
121000000 USD
CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
322000000 USD
CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
313000000 USD
CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
294000000 USD
CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
271000000 USD
CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
249000000 USD
CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
1160000000 USD
CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
2609000000 USD
CY2018Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
498000000 USD
CY2019Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
548000000 USD
CY2020Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
576000000 USD
CY2020 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
313000000 USD
CY2019 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
307000000 USD
CY2020 jwn Net Sales Revenue
NetSalesRevenue
15132000000 USD
CY2019 jwn Net Sales Revenue
NetSalesRevenue
15480000000 USD
CY2018 jwn Net Sales Revenue
NetSalesRevenue
15137000000 USD
CY2020 jwn Disaggregated Salesby Category
DisaggregatedSalesbyCategory
1
CY2019 jwn Disaggregated Salesby Category
DisaggregatedSalesbyCategory
1
CY2018 jwn Disaggregated Salesby Category
DisaggregatedSalesbyCategory
1
CY2017Q4 jwn Cash Acquired For Credit Transaction
CashAcquiredForCreditTransaction
55000000 USD
CY2020Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
11174000000 USD
CY2019Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
10568000000 USD
CY2020Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
6995000000 USD
CY2019Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
6647000000 USD
CY2020Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4179000000 USD
CY2019Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3921000000 USD
CY2020 us-gaap Depreciation
Depreciation
654000000 USD
CY2019 us-gaap Depreciation
Depreciation
661000000 USD
CY2018 us-gaap Depreciation
Depreciation
655000000 USD
CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
60000000 USD
CY2020Q1 us-gaap Self Insurance Reserve
SelfInsuranceReserve
118000000 USD
CY2019Q1 us-gaap Self Insurance Reserve
SelfInsuranceReserve
117000000 USD
CY2020 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
85000000 USD
CY2019 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
102000000 USD
CY2018 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
110000000 USD
CY2018 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
110000000 USD
CY2020Q1 jwn Number Of Total Participants Eligible For Supplemental Retirement Plan Benefits
NumberOfTotalParticipantsEligibleForSupplementalRetirementPlanBenefits
57 participant
CY2020Q1 jwn Number Of Officers And Select Employees Eligible For Supplemental Retirement Plan Benefits
NumberOfOfficersAndSelectEmployeesEligibleForSupplementalRetirementPlanBenefits
11 officer
CY2020Q1 jwn Number Of Retirees Eligible For Supplemental Retirement Plan Benefits
NumberOfRetireesEligibleForSupplementalRetirementPlanBenefits
44 retiree
CY2020Q1 jwn Number Of Beneficiary Eligible For Supplemental Retirement Plan Benefits
NumberOfBeneficiaryEligibleForSupplementalRetirementPlanBenefits
2 beneficiary
CY2020Q1 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
224000000 USD
CY2019Q1 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
190000000 USD
CY2020Q1 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
222000000 USD
CY2019Q1 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
188000000 USD
CY2020Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
11000000 USD
CY2019Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
10000000 USD
CY2020Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
213000000 USD
CY2019Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
180000000 USD
CY2020Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Current And Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesCurrentAndNoncurrent
224000000 USD
CY2019Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Current And Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesCurrentAndNoncurrent
190000000 USD
CY2020Q1 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax
-62000000 USD
CY2019Q1 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax
-30000000 USD
CY2020Q1 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Prior Service Cost Credit Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax
0 USD
CY2019Q1 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Prior Service Cost Credit Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax
-1000000 USD
CY2020Q1 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax
62000000 USD
CY2019Q1 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax
29000000 USD
CY2020Q1 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
0.0297
CY2019Q1 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
0.0427
CY2018Q1 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
0.0395
CY2020Q1 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Rate Of Compensation Increase
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease
0.0250
CY2019Q1 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Rate Of Compensation Increase
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease
0.0250
CY2018Q1 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Rate Of Compensation Increase
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease
0.0300
CY2020 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.0427
CY2019 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.0395
CY2018 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.0431
CY2020 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Rate Of Compensation Increase
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRateOfCompensationIncrease
0.0250
CY2019 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Rate Of Compensation Increase
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRateOfCompensationIncrease
0.0300
CY2018 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Rate Of Compensation Increase
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRateOfCompensationIncrease
0.0300
CY2020Q1 us-gaap Defined Benefit Plan Expected Future Benefit Payments Next Twelve Months
DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths
11000000 USD
CY2020Q1 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Two
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo
11000000 USD
CY2020Q1 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Three
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree
11000000 USD
CY2020Q1 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Four
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour
12000000 USD
CY2020Q1 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Five
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive
12000000 USD
CY2020Q1 us-gaap Defined Benefit Plan Expected Future Benefit Payments Five Fiscal Years Thereafter
DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter
62000000 USD
CY2020Q1 us-gaap Long Term Debt
LongTermDebt
2676000000 USD
CY2019Q1 us-gaap Long Term Debt
LongTermDebt
2685000000 USD
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CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
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CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
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CY2019Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
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3566000000 USD
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CY2020 jwn Net Sales Revenue
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CY2019 jwn Net Sales Revenue
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CY2020Q1 jwn Trunk Club Integrationand Debtrefinancingcharges
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32000000 USD
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8000000 USD

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