Schedule II - Valuation and Qualifying Accounts

12 Months Ended

Jan. 29, 2023

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

Schedule II - Valuation and Qualifying Accounts

SCHEDULE II – VALUATION AND QUALIFYING ACCOUNTS


Description	Balance at Beginning of Period		Additions			Deductions			Balance at End of Period

	(In millions)
Fiscal year 2023
Allowance for doubtful accounts	$	4	$	—	(1)	$	—	(1)	$	4
Sales return allowance	$	13	$	104	(2)	$	(91)	(4)	$	26
Deferred tax valuation allowance	$	907	$	577	(3)	$	—		$	1,484
Fiscal year 2022
Allowance for doubtful accounts	$	4	$	—	(1)	$	—	(1)	$	4
Sales return allowance	$	17	$	19	(2)	$	(23)	(4)	$	13
Deferred tax valuation allowance	$	728	$	179	(3)	$	—		$	907
Fiscal year 2021
Allowance for doubtful accounts	$	2	$	2	(1)	$	—	(1)	$	4
Sales return allowance	$	9	$	30	(2)	$	(22)	(4)	$	17
Deferred tax valuation allowance	$	621	$	107	(3)	$	—		$	728

(1)Additions represent either expense or acquired balances and deductions represent write-offs.

(2)Additions represent estimated product returns charged as a reduction to revenue or an acquired balance.

(3)Additional valuation allowance on deferred tax assets not likely to be realized. Fiscal year 2023 includes additional valuation allowance on capital loss carryforwards, state, and certain other deferred tax assets. Refer to Note 14 of the Notes to the Consolidated Financial Statements in Part IV, Item 15 of this Annual Report on Form 10-K for additional information.

(4)Represents sales returns.