2023 Q1 Form 10-K Financial Statement

#000007233323000037 Filed on March 10, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2023
Revenue $4.319B $15.53B
YoY Change -3.72% 5.01%
Cost Of Revenue $2.807B $10.02B
YoY Change 4.04% 7.22%
Gross Profit $1.512B $5.511B
YoY Change -15.44% 1.21%
Gross Profit Margin 35.01% 35.49%
Selling, General & Admin $1.325B $5.046B
YoY Change -11.01% 1.88%
% of Gross Profit 87.63% 91.56%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $151.0M $604.0M
YoY Change 9.42% -1.79%
% of Gross Profit 9.99% 10.96%
Operating Expenses $1.325B $5.046B
YoY Change -11.01% 1.88%
Operating Profit $187.0M $465.0M
YoY Change -37.46% -5.49%
Interest Expense -$27.00M -$128.0M
YoY Change -18.18% -152.03%
% of Operating Profit -14.44% -27.53%
Other Income/Expense, Net
YoY Change
Pretax Income $160.0M $337.0M
YoY Change -39.85% 39.83%
Income Tax $41.00M $92.00M
% Of Pretax Income 25.63% 27.3%
Net Earnings $119.0M $245.0M
YoY Change -40.5% 37.64%
Net Earnings / Revenue 2.76% 1.58%
Basic Earnings Per Share $1.53
Diluted Earnings Per Share $0.74 $1.51
COMMON SHARES
Basic Shares Outstanding 160.2M shares 160.1M shares
Diluted Shares Outstanding 162.1M shares

Balance Sheet

Concept 2023 Q1 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $687.0M $687.0M
YoY Change 113.35% 113.35%
Cash & Equivalents $687.0M $687.0M
Short-Term Investments
Other Short-Term Assets $316.0M $316.0M
YoY Change 3.27% 3.27%
Inventory $1.941B $1.941B
Prepaid Expenses
Receivables $265.0M $265.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $3.209B $3.209B
YoY Change 1.17% 1.17%
LONG-TERM ASSETS
Property, Plant & Equipment $4.821B $4.821B
YoY Change 35.35% -4.69%
Goodwill $249.0M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $466.0M $466.0M
YoY Change 19.49% 19.49%
Total Long-Term Assets $5.536B $5.536B
YoY Change -2.83% -2.83%
TOTAL ASSETS
Total Short-Term Assets $3.209B $3.209B
Total Long-Term Assets $5.536B $5.536B
Total Assets $8.745B $8.745B
YoY Change -1.4% -1.4%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.238B $1.238B
YoY Change -19.03% -19.03%
Accrued Expenses $549.0M $549.0M
YoY Change -12.16% -12.16%
Deferred Revenue $536.0M
YoY Change 12.13%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00
YoY Change
Total Short-Term Liabilities $2.990B $2.990B
YoY Change -9.78% -9.78%
LONG-TERM LIABILITIES
Long-Term Debt $2.856B $2.856B
YoY Change 0.11% 0.11%
Other Long-Term Liabilities $2.160B $2.160B
YoY Change 282.3% 1.84%
Total Long-Term Liabilities $5.016B $5.016B
YoY Change 787.79% 0.84%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.990B $2.990B
Total Long-Term Liabilities $5.016B $5.016B
Total Liabilities $8.006B $8.006B
YoY Change 106.39% -3.4%
SHAREHOLDERS EQUITY
Retained Earnings -$2.588B
YoY Change -2.41%
Common Stock $3.353B
YoY Change 2.13%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $739.0M $739.0M
YoY Change
Total Liabilities & Shareholders Equity $8.745B $8.745B
YoY Change -1.4% -1.4%

Cashflow Statement

Concept 2023 Q1 2023
OPERATING ACTIVITIES
Net Income $119.0M $245.0M
YoY Change -40.5% 37.64%
Depreciation, Depletion And Amortization $151.0M $604.0M
YoY Change 9.42% -1.79%
Cash From Operating Activities $706.0M $946.0M
YoY Change 64.95% 34.18%
INVESTING ACTIVITIES
Capital Expenditures $148.0M $473.0M
YoY Change -202.07% -193.48%
Acquisitions
YoY Change
Other Investing Activities -$2.000M $80.00M
YoY Change -200.0% 433.33%
Cash From Investing Activities -$150.0M -$393.0M
YoY Change 4.9% -24.57%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $2.000M -$33.00M
YoY Change
Debt Paid & Issued, Net $0.00
YoY Change -100.0%
Cash From Financing Activities -163.0M -186.0M
YoY Change -28.82% -65.81%
NET CHANGE
Cash From Operating Activities 706.0M 946.0M
Cash From Investing Activities -150.0M -393.0M
Cash From Financing Activities -163.0M -186.0M
Net Change In Cash 393.0M 367.0M
YoY Change 601.79% -201.94%
FREE CASH FLOW
Cash From Operating Activities $706.0M $946.0M
Capital Expenditures $148.0M $473.0M
Free Cash Flow $558.0M $473.0M
YoY Change -2.62% -60.94%

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CY2021 us-gaap Increase Decrease In Other Noncurrent Liabilities
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CY2021 us-gaap Net Cash Provided By Used In Operating Activities
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CY2021 us-gaap Net Cash Provided By Used In Investing Activities
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CY2022 us-gaap Repayments Of Lines Of Credit
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CY2021 us-gaap Repayments Of Lines Of Credit
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CY2021 us-gaap Proceeds From Issuance Of Long Term Debt
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CY2021 us-gaap Repayments Of Long Term Debt
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CY2023 us-gaap Proceeds From Repayments Of Bank Overdrafts
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CY2021 us-gaap Proceeds From Repayments Of Bank Overdrafts
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CY2021 us-gaap Payments Of Dividends Common Stock
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CY2023 us-gaap Payments For Repurchase Of Common Stock
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CY2021 us-gaap Payments For Repurchase Of Common Stock
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CY2023 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
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CY2022 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
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CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2021 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
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CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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CY2022 us-gaap Proceeds From Payments For Other Financing Activities
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CY2021 us-gaap Proceeds From Payments For Other Financing Activities
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CY2022 us-gaap Net Cash Provided By Used In Financing Activities
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
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CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2023 us-gaap Income Taxes Paid Net
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CY2022 us-gaap Income Taxes Paid Net
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CY2022 us-gaap Interest Paid Net
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CY2021 us-gaap Interest Paid Net
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CY2023Q1 us-gaap Number Of States In Which Entity Operates
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CY2023Q1 jwn Numberof Provincesinwhichthe Entity Operates
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CY2023 us-gaap Fiscal Period
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<div style="margin-top:9pt"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Fiscal Year</span></div><div><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We operate on a 52/53-week fiscal year ending on the Saturday closest to January 31st. References to 2022 and all years within this document are based on a 52-week fiscal year, except for fiscal year 2023 which is a 53-week fiscal year.</span></div>
CY2021 us-gaap Severance Costs1
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CY2023 us-gaap Use Of Estimates
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<div style="margin-top:9pt"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:400;line-height:115%">The preparation of financial statements in conformity with GAAP requires that we make estimates, judgments 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 revenue recognition, inventory valuation, long-lived asset recoverability and income taxes, all of which involve assumptions about future events.</span></div>
CY2023Q1 us-gaap Contract With Customer Refund Liability
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CY2023Q1 us-gaap Contract With Customer Right To Recover Product
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CY2022Q1 us-gaap Contract With Customer Right To Recover Product
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CY2023 jwn Revenue Recognition Gift Cards Breakage2017
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CY2022 jwn Revenue Recognition Gift Cards Breakage2017
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CY2021 jwn Revenue Recognition Gift Cards Breakage2017
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CY2023 us-gaap Advertising Expense
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CY2022 us-gaap Advertising Expense
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CY2021 us-gaap Advertising Expense
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CY2023 jwn Vendor Allowances
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CY2022 jwn Vendor Allowances
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CY2021 jwn Vendor Allowances
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CY2023 us-gaap Defined Contribution Plan Cost Recognized
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CY2021 jwn Payroll Tax Credits
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CY2023Q1 us-gaap Bank Overdrafts
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CY2022Q1 us-gaap Bank Overdrafts
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CY2021 us-gaap Operating Lease Impairment Loss
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CY2021 us-gaap Asset Impairment Charges
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us-gaap Other Nonrecurring Expense
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CY2023Q1 us-gaap Goodwill
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CY2022Q1 us-gaap Goodwill
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CY2023 us-gaap Goodwill Impairment Loss
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CY2023Q1 us-gaap Fair Value Investments Entities That Calculate Net Asset Value Per Share Unfunded Committments
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CY2022Q1 us-gaap Fair Value Investments Entities That Calculate Net Asset Value Per Share Unfunded Committments
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4000000 usd
CY2023 us-gaap Gain On Sale Of Investments
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CY2023 us-gaap Proceeds From Sale Of Interest In Partnership Unit
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CY2021Q1 us-gaap Contract With Customer Liability Current
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CY2021Q1 us-gaap Contract With Customer Liability Noncurrent
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CY2022Q1 us-gaap Contract With Customer Liability Current
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CY2022Q1 us-gaap Contract With Customer Liability Noncurrent
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CY2023Q1 us-gaap Contract With Customer Liability Current
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CY2023Q1 us-gaap Contract With Customer Liability Noncurrent
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CY2023 us-gaap Contract With Customer Liability Revenue Recognized
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CY2022 us-gaap Contract With Customer Liability Revenue Recognized
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CY2023 jwn Net Sales Revenue
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CY2022 jwn Net Sales Revenue
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CY2021 jwn Net Sales Revenue
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CY2023 jwn Disaggregated Salesby Category
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CY2022 jwn Disaggregated Salesby Category
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CY2021 jwn Disaggregated Salesby Category
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CY2023Q1 us-gaap Property Plant And Equipment Gross
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CY2022Q1 us-gaap Property Plant And Equipment Gross
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CY2023Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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CY2022Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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CY2023Q1 us-gaap Property Plant And Equipment Net
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CY2022Q1 us-gaap Property Plant And Equipment Net
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CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
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CY2021 us-gaap Lease Cost
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CY2023 us-gaap Operating Lease Cost
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CY2022 us-gaap Operating Lease Cost
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CY2021 us-gaap Operating Lease Cost
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CY2023 us-gaap Variable Lease Cost
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CY2021 us-gaap Variable Lease Cost
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CY2023 us-gaap Sublease Income
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CY2022 us-gaap Sublease Income
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CY2021 us-gaap Sublease Income
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CY2023 us-gaap Lease Cost
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CY2022 us-gaap Lease Cost
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CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Rolling Twelve Months
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CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Two
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CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Three
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CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Four
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CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Five
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CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due After Rolling Year Five
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CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due
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CY2023Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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432000000 usd
CY2023Q1 us-gaap Operating Lease Liability
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CY2023Q1 jwn Lessee Operating Lease Lease Not Yet Commenced Liability Incurred
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CY2023 us-gaap Operating Lease Payments
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CY2022 us-gaap Operating Lease Payments
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CY2021 us-gaap Operating Lease Payments
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CY2023 jwn Operating Lease Interest
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85000000 usd
CY2022 jwn Operating Lease Interest
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87000000 usd
CY2021 jwn Operating Lease Interest
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CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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260000000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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CY2023Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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CY2022Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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CY2023Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
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CY2022Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
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CY2023Q1 us-gaap Deferred Finance Costs Net
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CY2022Q1 us-gaap Deferred Finance Costs Net
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CY2023Q1 us-gaap Long Term Debt
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CY2022Q1 us-gaap Long Term Debt
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CY2023Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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CY2023Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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CY2023Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
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CY2023Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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CY2023Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
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350000000 usd
CY2023Q1 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
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2339000000 usd
CY2023Q1 jwn Amount Of Interest To Be Paid
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CY2023 us-gaap Interest Costs Incurred
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CY2022 us-gaap Interest Costs Incurred
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CY2021 us-gaap Interest Costs Incurred
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CY2023 us-gaap Investment Income Interest
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CY2022 us-gaap Investment Income Interest
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CY2021 us-gaap Investment Income Interest
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CY2023 us-gaap Interest Costs Capitalized
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CY2022 us-gaap Interest Costs Capitalized
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CY2021 us-gaap Interest Costs Capitalized
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CY2023 us-gaap Interest Expense
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128000000 usd
CY2022 us-gaap Interest Expense
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246000000 usd
CY2021 us-gaap Interest Expense
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181000000 usd
CY2023Q1 jwn Number Of Financial Covenant Tests
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2 covenant
CY2023Q1 us-gaap Long Term Debt
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2856000000 usd
CY2022Q1 us-gaap Long Term Debt
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CY2023Q1 us-gaap Self Insurance Reserve
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116000000 usd
CY2022Q1 us-gaap Self Insurance Reserve
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125000000 usd
CY2023Q1 us-gaap Letters Of Credit Outstanding Amount
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2000000 usd
CY2023Q1 jwn Number Of Total Participants Eligible For Supplemental Retirement Plan Benefits
NumberOfTotalParticipantsEligibleForSupplementalRetirementPlanBenefits
57 participant
CY2023Q1 jwn Number Of Officers And Select Employees Eligible For Supplemental Retirement Plan Benefits
NumberOfOfficersAndSelectEmployeesEligibleForSupplementalRetirementPlanBenefits
7 officer
CY2023Q1 jwn Number Of Retirees Eligible For Supplemental Retirement Plan Benefits
NumberOfRetireesEligibleForSupplementalRetirementPlanBenefits
47 retiree
CY2023Q1 jwn Number Of Beneficiary Eligible For Supplemental Retirement Plan Benefits
NumberOfBeneficiaryEligibleForSupplementalRetirementPlanBenefits
3 beneficiary
CY2022Q1 us-gaap Defined Benefit Plan Benefit Obligation
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CY2021Q1 us-gaap Defined Benefit Plan Benefit Obligation
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CY2023 us-gaap Defined Benefit Plan Service Cost
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CY2022 us-gaap Defined Benefit Plan Service Cost
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CY2023 us-gaap Defined Benefit Plan Interest Cost
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CY2022 us-gaap Defined Benefit Plan Interest Cost
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CY2023 us-gaap Defined Benefit Plan Benefit Obligation Benefits Paid
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CY2022 us-gaap Defined Benefit Plan Benefit Obligation Benefits Paid
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CY2023Q1 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Before Tax
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CY2022Q1 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Before Tax
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CY2023Q1 us-gaap Defined Benefit Plan Benefit Obligation
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CY2022Q1 us-gaap Defined Benefit Plan Benefit Obligation
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CY2022Q1 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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CY2021Q1 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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CY2023 us-gaap Defined Benefit Plan Contributions By Employer
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CY2022 us-gaap Defined Benefit Plan Contributions By Employer
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10000000 usd
CY2023 us-gaap Defined Benefit Plan Plan Assets Benefits Paid
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10000000 usd
CY2022 us-gaap Defined Benefit Plan Plan Assets Benefits Paid
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CY2023Q1 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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CY2022Q1 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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CY2023Q1 us-gaap Defined Benefit Plan Funded Status Of Plan
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CY2022Q1 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
-212000000 usd
CY2023Q1 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
175000000 usd
CY2022Q1 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
211000000 usd
CY2023Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
11000000 usd
CY2022Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
11000000 usd
CY2023Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
165000000 usd
CY2022Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
201000000 usd
CY2023Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Current And Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesCurrentAndNoncurrent
176000000 usd
CY2022Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Current And Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesCurrentAndNoncurrent
212000000 usd
CY2023 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
2000000 usd
CY2022 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
2000000 usd
CY2021 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
2000000 usd
CY2023 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
6000000 usd
CY2022 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
5000000 usd
CY2021 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
6000000 usd
CY2023 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-4000000 usd
CY2022 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-8000000 usd
CY2021 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-9000000 usd
CY2023 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
12000000 usd
CY2022 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
15000000 usd
CY2021 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
17000000 usd
CY2023Q1 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax
-34000000 usd
CY2022Q1 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax
-14000000 usd
CY2021Q1 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax
7000000 usd
CY2023 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-4000000 usd
CY2022 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-8000000 usd
CY2021 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-9000000 usd
CY2023Q1 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax
38000000 usd
CY2022Q1 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax
22000000 usd
CY2021Q1 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax
2000000 usd
CY2023Q1 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
0.0495
CY2022Q1 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
0.0319
CY2021Q1 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
0.0262
CY2023Q1 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Rate Of Compensation Increase
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease
0.0250
CY2022Q1 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Rate Of Compensation Increase
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease
0.0250
CY2021Q1 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Rate Of Compensation Increase
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease
0.0250
CY2023 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.0319
CY2022 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.0262
CY2021 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.0297
CY2023 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Rate Of Compensation Increase
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRateOfCompensationIncrease
0.0250
CY2022 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Rate Of Compensation Increase
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRateOfCompensationIncrease
0.0250
CY2021 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Rate Of Compensation Increase
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRateOfCompensationIncrease
0.0250
CY2023Q1 us-gaap Defined Benefit Plan Expected Future Benefit Payments Next Twelve Months
DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths
11000000 usd
CY2023Q1 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Two
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo
12000000 usd
CY2023Q1 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Three
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree
12000000 usd
CY2023Q1 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Four
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour
13000000 usd
CY2023Q1 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Five
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive
13000000 usd
CY2023Q1 us-gaap Defined Benefit Plan Expected Future Benefit Payments Five Fiscal Years Thereafter
DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter
62000000 usd
CY2023Q1 jwn Defined Benefit Plan Expected Future Benefit Payment After Year Ten
DefinedBenefitPlanExpectedFutureBenefitPaymentAfterYearTen
53000000 usd
CY2023 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
3400000 shares
CY2022 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
1600000 shares
CY2021 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
2200000 shares
CY2023 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
900000 shares
CY2022 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
500000 shares
CY2021 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
1000000.0 shares
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
59000000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
79000000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
67000000 usd
CY2023 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
15000000 usd
CY2022 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
20000000 usd
CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
26000000 usd
CY2023 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
44000000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
59000000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
41000000 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
59000000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
79000000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
67000000 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.524
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.522
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.601
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.034
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.034
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.034
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P8Y3M18D
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P8Y3M18D
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P7Y8M12D
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
10
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
13
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
7
CY2022Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
26
CY2021Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
36
CY2020Q2 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
17
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
10400000 shares
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
39
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
1100000 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
26
CY2023 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
900000 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
15
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
2100000 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
47
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
8500000 shares
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
38
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y
CY2023Q1 jwn Class Of Warrant Or Right Number Of Shares Entitled To Purchase
ClassOfWarrantOrRightNumberOfSharesEntitledToPurchase
1 shares
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
6000000 usd
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
6300000 shares
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
41
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
6000000 usd
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
7600000 shares
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
39
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P5Y
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
6000000 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
4000000 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
0 usd
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
1000000 usd
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
27000000 usd
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
2000000 usd
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
8000000 usd
CY2023 us-gaap Schedule Of Repurchase Agreements
ScheduleOfRepurchaseAgreements
The following is a summary of the activity related to our share repurchase programs in 2022, 2021 and 2020:<table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"/><td style="width:51.970%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.543%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.543%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.544%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Shares</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Average price</span></div><div style="text-align:right"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:700;line-height:100%">per share</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Amount</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Capacity at February 1, 2020</span></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$707 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Shares repurchased</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Capacity at January 30, 2021</span></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:100%">707 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Shares repurchased</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Capacity at January 29, 2022</span></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:100%">707 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:100%">August 2018 program termination</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(707)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:100%">May 2022 program authorization (no expiration)</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:100%">500 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Shares repurchased</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2.8 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$22 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(62)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Capacity at January 28, 2023</span></td><td colspan="3" style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td colspan="2" style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$438</span><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"/></tr></table>
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CY2021Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
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CY2022Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
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CY2023Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
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CY2022 us-gaap Current State And Local Tax Expense Benefit
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CY2021 us-gaap Current Foreign Tax Expense Benefit
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CY2023 us-gaap Current Income Tax Expense Benefit
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CY2021 us-gaap Current Income Tax Expense Benefit
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CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2023 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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CY2022Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
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CY2022Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
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CY2022Q1 us-gaap Deferred Tax Assets Inventory
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CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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CY2023Q1 us-gaap Unrecognized Tax Benefits
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CY2022Q1 us-gaap Unrecognized Tax Benefits
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CY2021Q1 us-gaap Unrecognized Tax Benefits
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CY2023Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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CY2022Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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CY2021 us-gaap Income Tax Examination Penalties And Interest Expense
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CY2023 us-gaap Income Tax Examination Penalties And Interest Expense
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CY2023Q1 us-gaap Income Tax Examination Penalties And Interest Accrued
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CY2022Q1 us-gaap Income Tax Examination Penalties And Interest Accrued
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CY2023Q1 us-gaap Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
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CY2023 us-gaap Unrecorded Unconditional Purchase Obligation Term
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CY2023 us-gaap Net Income Loss
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245000000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
178000000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-690000000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
160100000 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
159000000.0 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
157200000 shares
CY2023 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2000000.0 shares
CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
3500000 shares
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
162100000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
162500000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
157200000 shares
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.53
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.12
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-4.39
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.51
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.10
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-4.39
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
8700000 shares
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
8100000 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
13500000 shares
CY2023 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2023 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
CY2023 jwn Net Sales Revenue
NetSalesRevenue
15092000000 usd
CY2023 jwn Credit Card Revenues Net
CreditCardRevenuesNet
438000000 usd
CY2023 jwn Earnings Before Interest And Income Taxes
EarningsBeforeInterestAndIncomeTaxes
465000000 usd
CY2023 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
473000000 usd
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
604000000 usd
CY2023Q1 us-gaap Assets
Assets
8745000000 usd
CY2022 jwn Net Sales Revenue
NetSalesRevenue
14402000000 usd
CY2022 jwn Credit Card Revenues Net
CreditCardRevenuesNet
387000000 usd
CY2022 jwn Earnings Before Interest And Income Taxes
EarningsBeforeInterestAndIncomeTaxes
492000000 usd
CY2022 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
506000000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
615000000 usd
CY2022Q1 us-gaap Assets
Assets
8869000000 usd
CY2021 jwn Net Sales Revenue
NetSalesRevenue
10357000000 usd
CY2021 jwn Credit Card Revenues Net
CreditCardRevenuesNet
358000000 usd
CY2021 jwn Earnings Before Interest And Income Taxes
EarningsBeforeInterestAndIncomeTaxes
-1047000000 usd
CY2021 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
385000000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
671000000 usd
CY2021Q1 us-gaap Assets
Assets
9538000000 usd
CY2023 dei Auditor Name
AuditorName
Deloitte & Touche LLP
CY2023 dei Auditor Location
AuditorLocation
Seattle, Washington
CY2023 dei Auditor Firm
AuditorFirmId
34

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