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Note 3 - Segment Information - Sales and Division Operating Results for Reportable Segments (Details) - USD ($)
$ in Millions

3 Months Ended

6 Months Ended

Aug. 03, 2024

Jul. 29, 2023

Aug. 03, 2024

Jul. 29, 2023

Division profit

$ 17

$ 21

$ 60

$ 125

Less: Impairment and other (1)

^[1]

Less: Corporate expense (2)

^[2]

(Loss) income from operations

(9)

Interest expense, net

(3)

(4)

(5)

Other (expense) income, net

^[3]

(2)

(6)

(3)

(Loss) income before income taxes

$ (14)

$ (3)

$ (1)

$ 54

[1]	See Note 4, Impairment and Other Charges for further detail.
[2]	Corporate expense consists of unallocated selling, general and administrative expenses, as well as depreciation and amortization related to our corporate headquarters, centrally managed departments, unallocated insurance and benefit programs, certain foreign exchange transaction gains and losses, and other items.
[3]	See Note 5, Other (Expense) Income, net for further detail.

- Definition

Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.

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+ Details

Insider Trading Arrangements	3 Months Ended	6 Months Ended
Insider Trading Arrangements	Aug. 03, 2024	Aug. 03, 2024
Insider Trading Arr Line Items
Material Terms of Trading Arrangement [Text Block]		Item 5. Other Information During the quarter ended August 3, 2024, no director or officer (as defined in Rule 16a-1(f) promulgated under the Exchange Act) of the Company adopted or terminated a "Rule 10b5-1 trading arrangement" or a "non-Rule 10b5-1 trading arrangement" (as each term is defined in Item 408 of Regulation S-K).
Rule 10b5-1 Arrangement Adopted [Flag]	false
Non-Rule 10b5-1 Arrangement Adopted [Flag]	false
Rule 10b5-1 Arrangement Terminated [Flag]	false
Non-Rule 10b5-1 Arrangement Terminated [Flag]	false

Note 6 - Cash, Cash Equivalents, and Restricted Cash

6 Months Ended

Aug. 03, 2024

Notes to Financial Statements

Cash and Cash Equivalents Disclosure [Text Block]

6. Cash, Cash Equivalents, and Restricted Cash

The table below provides a reconciliation of cash and cash equivalents, as reported on our Condensed Consolidated Balance Sheets, to cash, cash equivalents, and restricted cash, as reported on our Condensed Consolidated Statements of Cash Flows.

	*August 3,*		*July 29,*
($ in millions)	*2024*		*2023*
Cash and cash equivalents	$	291	$	180
Restricted cash included in other current assets		3		13
Restricted cash included in other non-current assets		28		32
Cash, cash equivalents, and restricted cash	$	322	$	225

Amounts included in restricted cash primarily relate to amounts held in escrow in connection with various leasing arrangements in Europe. The deposits held in insurance trusts to satisfy the requirement to collateralize part of the self-insured workers’ compensation and liability claims have been replaced by standby letters of credit during the second quarter of 2024.

Note 5 - Other Income (Expense), Net - Schedule of Other Income (Expense) (Details) - USD ($)
$ in Millions

3 Months Ended

6 Months Ended

Aug. 03, 2024

Jul. 29, 2023

Aug. 03, 2024

Jul. 29, 2023

Pension and postretirement net benefit expense, excluding service cost

$ (1)

$ (2)

$ (3)

$ (4)

Share of losses related to minority investments

(2)

(1)

Foot Locker Singapore and Malaysia divestiture

Other

(1)

Total other (expense) income, net

^[1]

$ (2)

$ 0

$ (6)

$ (3)

[1]	See Note 5, Other (Expense) Income, net for further detail.

- Definition

Amount of income (loss) for proportionate share of equity method investee's income (loss).

+ References + Details

Note 3 - Segment Information

6 Months Ended

Aug. 03, 2024

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

3. Segment Information

Foot Locker, Inc. operates one reportable segment. Division profit reflects income before income taxes, impairment and other, corporate expense, other (expense) income, net, and net interest expense.

	*Thirteen weeks ended*						*Twenty-six weeks ended*
	*August 3,*			*July 29,*			*August 3,*			*July 29,*
($ in millions)	*2024*			*2023*			*2024*			*2023*
Division profit	$	17		$	21		$	60		$	125
Less: Impairment and other⁽¹⁾		9			14			23			53
Less: Corporate expense⁽²⁾		17			6			28			10
(Loss) income from operations		(9	)		1			9			62
Interest expense, net		(3	)		(4	)		(4	)		(5	)
Other (expense) income, net ⁽³⁾		(2	)		—			(6	)		(3	)
(Loss) income before income taxes	$	(14	)	$	(3	)	$	(1	)	$	54

⁽¹⁾	See Note 4, Impairment and Other for further detail.
⁽²⁾	Corporate expense consists of unallocated selling, general and administrative expenses, as well as depreciation and amortization related to our corporate headquarters, centrally managed departments, unallocated insurance and benefit programs, certain foreign exchange transaction gains and losses, and other items.
⁽³⁾	See Note 5, Other (Expense) Income, net for further detail.

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

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+ Details

Condensed Consolidated Statements of Comprehensive (Loss) Income (Unaudited) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Aug. 03, 2024	Jul. 29, 2023	Aug. 03, 2024	Jul. 29, 2023
Net (loss) income	$ (12)	$ (5)	$ (4)	$ 31
Foreign currency translation adjustment:
Translation adjustment arising during the period, net of income tax benefit of $-, $-, $-, and $-, respectively	9	0	(10)	(7)
Hedges contracts:
Change in fair value of derivatives, net of income tax expense (benefit) of $1, $(1), $-, and $(1), respectively	4	(3)	3	(2)
Pension and postretirement adjustments:
Amortization of net actuarial loss and prior service cost included in net periodic benefit costs, net of income tax expense of $-, $-, $1, and $1, respectively	2	2	3	4
Comprehensive income (loss)	$ 3	$ (6)	$ (8)	$ 26

- Definition

Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners.

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- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

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+ Details

Note 4 - Impairment and Other (Details Textual) - USD ($) $ in Millions	3 Months Ended			6 Months Ended
	Aug. 03, 2024	May 04, 2024	Jul. 29, 2023	Aug. 03, 2024	Jul. 29, 2023
Impairment, Long-Lived Asset, Held-for-Use	$ 9		$ 3	$ 16	$ 21
Loss Contingency, Loss in Period	0	$ 7	$ 0	7	$ 0
South Korea, Denmark, Norway, and Sweden [Member]
Impairment, Long-Lived Asset, Held-for-Use	$ 9
Europe [Member]
Impairment, Long-Lived Asset, Held-for-Use				$ 7

Note 10 - Earnings Per Share

6 Months Ended

Aug. 03, 2024

Notes to Financial Statements

Earnings Per Share [Text Block]

10. Earnings Per Share

We account for earnings per share (“EPS”) using the treasury stock method. Basic EPS is computed by dividing net income for the period by the weighted-average number of common shares outstanding at the end of the period. Diluted earnings per share reflects the weighted-average number of common shares outstanding during the period used in the basic EPS computation plus dilutive common stock equivalents. The computation of diluted earnings per share does not assume conversion, exercise, or contingent issuance of securities that would have an anti-dilutive effect on EPS. The computation of basic and diluted EPS is as follows:

	*Thirteen weeks ended*						*Twenty-six weeks ended*
	*August 3,*			*July 29,*			*August 3,*			*July 29,*
(in millions, except per share data)	*2024*			*2023*			*2024*			*2023*
Net (loss) income	$	(12	)	$	(5	)	$	(4	)	$	31
Weighted-average common shares outstanding		95.0			94.2			94.8			94.0
Dilutive effect of potential common shares		—			—			—			1.0
Weighted-average common shares outstanding assuming dilution		95.0			94.2			94.8			95.0

(Loss) earnings per share - basic	$	(0.13	)	$	(0.05	)	$	(0.04	)	$	0.33
(Loss) earnings per share - diluted	$	(0.13	)	$	(0.05	)	$	(0.04	)	$	0.33

Anti-dilutive share-based awards excluded from diluted calculation		4.0			2.7			4.0			2.4

Performance stock units related to our long-term incentive programs of 1.8 million and 0.8 million have been excluded from diluted weighted-average shares for the periods ended August 3, 2024 and July 29, 2023, respectively. The issuance of these shares is contingent on our performance metrics as compared to the pre-established performance goals, which have not been achieved.

Note 8 - Accumulated Other Comprehensive Loss

6 Months Ended

Aug. 03, 2024

Notes to Financial Statements

Comprehensive Income (Loss) Note [Text Block]

8. Accumulated Other Comprehensive Loss

Accumulated other comprehensive loss (“AOCL”), net of tax, is comprised of the following:

	*August 3,*			*July 29,*			*February 3,*
($ in millions)	*2024*			*2023*			*2024*
Foreign currency translation adjustments	$	(183	)	$	(155	)	$	(173	)
Hedge contracts		1			(5	)		(2	)
Unrecognized pension cost and postretirement benefit		(188	)		(237	)		(191	)
	$	(370	)	$	(397	)	$	(366	)

The changes in AOCL for the twenty-six weeks ended August 3, 2024 were as follows:

	*Foreign*						*Items Related*
	*Currency*						*to Pension and*
	*Translation*			*Hedge*			*Postretirement*
($ in millions)	*Adjustments*			*Contracts*			*Benefits*			*Total*
Balance as of February 3, 2024	$	(173	)	$	(2	)	$	(191	)	$	(366	)

OCI before reclassification		(10	)		5			—			(5	)
Reclassification of hedges, net of tax		—			(2	)		—			(2	)
Amortization of pension actuarial loss, net of tax		—			—			3			3
Other comprehensive (loss) income		(10	)		3			3			(4	)
Balance as of August 3, 2024	$	(183	)	$	1		$	(188	)	$	(370	)

Reclassifications from AOCL for the twenty-six weeks ended August 3, 2024 were as follows:

($ in millions)
Reclassification of hedge loss:
Cross-currency swap	$	(2	)
Income tax		—
Reclassification of hedges, net of tax	$	(2	)

Amortization of actuarial loss:
Pension benefits	$	4
Income tax		(1	)
Amortization of actuarial loss, net of tax	$	3

Note 9 - Fair Value Measurements - Schedule of Carrying Values and Estimated Fair Values (Details) - USD ($)
$ in Millions

Aug. 03, 2024

Jul. 29, 2023

Carrying value (1)

^[1]

$ 395

Fair value

$ 343

$ 312

[1]	The carrying value of debt as of both August 3, 2024 and July 29, 2023, included $5 million of issuer’s discount and costs.

Note 10 - Earnings Per Share (Details Textual) - shares shares in Millions	6 Months Ended
	Aug. 03, 2024	Jul. 29, 2023
Performance Shares [Member]
Contingently Issuable Shares Excluded From Diluted Earnings Per Share (in shares)	1.8	0.8

Note 2 - Revenue - Sales by Banner (Details) - USD ($)
$ in Millions

3 Months Ended

6 Months Ended

Aug. 03, 2024

Jul. 29, 2023

Aug. 03, 2024

Jul. 29, 2023

Total sales

$ 1,900

$ 1,864

$ 3,779

$ 3,795

Sales Revenue [Member]

Total sales

1,896

1,861

3,770

3,788

Sales Revenue [Member] | North America [Member]

Total sales

1,332

1,288

2,701

2,677

Sales Revenue [Member] | North America [Member] | Foot Locker [Member]

Total sales

754

704

1,513

1,448

Sales Revenue [Member] | North America [Member] | Champs Sports [Member]

Total sales

268

293

535

621

Sales Revenue [Member] | North America [Member] | Kids Foot Locker [Member]

Total sales

154

146

337

313

Sales Revenue [Member] | North America [Member] | WSS [Member]

Total sales

155

145

315

295

Sales Revenue [Member] | North America [Member] | All Other Segments1 [Member]

Total sales

^[1]

Sales Revenue [Member] | EMEA [Member]

Total sales

445

428

839

821

Sales Revenue [Member] | EMEA [Member] | Foot Locker [Member]

Total sales

^[1]

445

416

839

795

Sales Revenue [Member] | EMEA [Member] | Sidestep [Member]

Total sales

Sales Revenue [Member] | Asia Pacific [Member]

Total sales

119

145

230

290

Sales Revenue [Member] | Asia Pacific [Member] | Foot Locker [Member]

Total sales

102

159

200

Sales Revenue [Member] | Asia Pacific [Member] | Atmos [Member]

Total sales

$ 32

$ 43

$ 71

$ 90

[1]	Includes sales from 8 and 15 Kids Foot Locker stores operating in Europe for August 3, 2024 and July 29, 2023, respectively.

Note 12 - Share-based Compensation - Schedule Of Share Based Compensation Shares Authorized Under Stock Option Plans By Exercise Price Range (Details) - $ / shares shares in Thousands	6 Months Ended
	Aug. 03, 2024	Feb. 03, 2024
Options outstanding (in shares)	2,200	2,738
Options Outstanding Weighted Average Remaining (Year)	3 years 2 months 12 days
Weighted average exercise price (in dollars per share)	$ 50.56	$ 48.23
Balance, options exercisable (in shares)	1,931
Award Options Exercisable Weighted Average Exercise Price (in dollars per share)	$ 52.48
Range One [Member]
Exercise prices, lower limit (in dollars per share)	21.6
Exercise prices, upper limit (in dollars per share)	$ 30.98
Options outstanding (in shares)	439
Options Outstanding Weighted Average Remaining (Year)	4 years 6 months
Weighted average exercise price (in dollars per share)	$ 26.54
Balance, options exercisable (in shares)	387
Award Options Exercisable Weighted Average Exercise Price (in dollars per share)	$ 26.23
Range Two [Member]
Exercise prices, lower limit (in dollars per share)	36.49
Exercise prices, upper limit (in dollars per share)	$ 46.64
Options outstanding (in shares)	513
Options Outstanding Weighted Average Remaining (Year)	6 years 2 months 12 days
Weighted average exercise price (in dollars per share)	$ 40.7
Balance, options exercisable (in shares)	296
Award Options Exercisable Weighted Average Exercise Price (in dollars per share)	$ 42.19
Range Three [Member]
Exercise prices, lower limit (in dollars per share)	53.61
Exercise prices, upper limit (in dollars per share)	$ 58.94
Options outstanding (in shares)	382
Options Outstanding Weighted Average Remaining (Year)	2 years 2 months 12 days
Weighted average exercise price (in dollars per share)	$ 56.47
Balance, options exercisable (in shares)	382
Award Options Exercisable Weighted Average Exercise Price (in dollars per share)	$ 56.47
Range Four [Member]
Exercise prices, lower limit (in dollars per share)	62.02
Exercise prices, upper limit (in dollars per share)	$ 72.83
Options outstanding (in shares)	866
Options Outstanding Weighted Average Remaining (Year)	1 year 3 months 18 days
Weighted average exercise price (in dollars per share)	$ 65.98
Balance, options exercisable (in shares)	866
Award Options Exercisable Weighted Average Exercise Price (in dollars per share)	$ 65.98

Note 8 - Accumulated Other Comprehensive Loss - Schedule of Accumulated Other Comprehensive Loss (Details) - USD ($)
$ in Millions

Aug. 03, 2024

Feb. 03, 2024

Jul. 29, 2023

Foreign currency translation adjustments

$ (183)

$ (173)

$ (155)

Hedge contracts

(2)

(5)

Unrecognized pension cost and postretirement benefit

(188)

(191)

(237)

Accumulated Other Comprehensive Income (Loss), Net of Tax

$ (370)

$ (366)

^[1]

$ (397)

[1]

The balance sheet at February 3, 2024 has been derived from the previously reported audited consolidated financial statements at that date, but does not include all of the information and footnotes required by U.S. generally accepted accounting principles for complete financial statements. For further information, refer to the consolidated financial statements and footnotes thereto included in Foot Locker, Inc.’s Annual Report on Form 10-K for the year ended February 3, 2024.

- Definition

Amount, after tax, of accumulated increase (decrease) in equity from transaction and other event and circumstance from nonowner source.

+ References + Details

Note 12 - Share-based Compensation - Schedule of Share-based Payment Award Options, Grants in Period, Grant Date Intrinsic Value (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Aug. 03, 2024	Jul. 29, 2023	Aug. 03, 2024	Jul. 29, 2023
Exercised	$ 0	$ 0	$ 3	$ 3

Note 6 - Cash, Cash Equivalents, and Restricted Cash (Tables)

6 Months Ended

Aug. 03, 2024

Notes Tables

Schedule of Cash and Cash Equivalents [Table Text Block]

	*August 3,*		*July 29,*
($ in millions)	*2024*		*2023*
Cash and cash equivalents	$	291	$	180
Restricted cash included in other current assets		3		13
Restricted cash included in other non-current assets		28		32
Cash, cash equivalents, and restricted cash	$	322	$	225

Note 9 - Fair Value Measurements (Details Textual) - USD ($) $ in Millions	Aug. 03, 2024	Jul. 29, 2023
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net	$ 5	$ 5

- Definition

Amount of unamortized debt discount (premium) and debt issuance costs.

+ References + Details

Note 2 - Revenue - Schedule of Sales Disaggregated by Sales Channel (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Aug. 03, 2024	Jul. 29, 2023	Aug. 03, 2024	Jul. 29, 2023
Total revenue	$ 1,900	$ 1,864	$ 3,779	$ 3,795
Sales Revenue [Member]
Total revenue	1,896	1,861	3,770	3,788
License [Member]
Total revenue	4	3	9	7
Store Sales Channel [Member]
Total revenue	1,594	1,572	3,148	3,185
Sales Channel, Directly to Consumer [Member]
Total revenue	$ 302	$ 289	$ 622	$ 603

- Definition

Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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-Paragraph 41
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+ Details

Note 1 - Summary of Significant Accounting Policies

6 Months Ended

Aug. 03, 2024

Notes to Financial Statements

Basis of Presentation and Significant Accounting Policies [Text Block]

1. Summary of Significant Accounting Policies

Business

Foot Locker, Inc., together with its consolidated subsidiaries (“Foot Locker,” “Company,” “we,” “our,” and “us”), is a leading footwear and apparel retailer. We have integrated all available shopping channels, including stores, websites, apps, and social channels. Store sales are primarily fulfilled from the store’s inventory, but may also be shipped from any of our distribution centers or from a different store location if an item is not available at the original store. Direct-to-customer orders are generally shipped to our customers through our distribution centers but may also be shipped from any store or a combination of our distribution centers and stores depending on availability of particular items. We operate in North America, Europe, and Asia Pacific, representing our operating segments. We aggregate these operating segments into one reportable segment based upon their shared customer base and similar economic characteristics.

Basis of Presentation

The accompanying interim Unaudited Condensed Consolidated Financial Statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and the rules and regulations of the Securities and Exchange Commission. Accordingly, they do not include all of the information and notes required by U.S. GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. The results of operations for any interim period are not necessarily indicative of the results expected for the year.

The accompanying unaudited condensed consolidated financial statements should be read in conjunction with the Notes to Consolidated Financial Statements contained in our 2023 Annual Report on Form 10-K.

There were no significant changes to the policies disclosed in Note 1, Summary of Significant Accounting Policies of our 2023 Annual Report on Form 10-K.

Recent Accounting Pronouncements

Other than the pronouncements disclosed in our 2023 Annual Report on Form 10-K, recently issued accounting pronouncements did not, or are not believed by management to, have a material effect on our present or future consolidated financial statements.

Note 3 - Segment Information (Tables)

6 Months Ended

Aug. 03, 2024

Notes Tables

Schedule of Segment Reporting Information, by Segment [Table Text Block]

	*Thirteen weeks ended*						*Twenty-six weeks ended*
	*August 3,*			*July 29,*			*August 3,*			*July 29,*
($ in millions)	*2024*			*2023*			*2024*			*2023*
Division profit	$	17		$	21		$	60		$	125
Less: Impairment and other⁽¹⁾		9			14			23			53
Less: Corporate expense⁽²⁾		17			6			28			10
(Loss) income from operations		(9	)		1			9			62
Interest expense, net		(3	)		(4	)		(4	)		(5	)
Other (expense) income, net ⁽³⁾		(2	)		—			(6	)		(3	)
(Loss) income before income taxes	$	(14	)	$	(3	)	$	(1	)	$	54

Note 12 - Share-based Compensation - Intrinsic Value of Options Outstanding and Exercisable (Details) - USD ($) $ in Millions	Aug. 03, 2024	Jul. 29, 2023
Outstanding	$ 1	$ 2
Outstanding and exercisable	$ 1	$ 2

Note 9 - Fair Value Measurements (Tables)

6 Months Ended

Aug. 03, 2024

Notes Tables

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

($ in millions)	*As of August 3, 2024*						*As of July 29, 2023*
	*Level 1*		*Level 2*		*Level 3*		*Level 1*		*Level 2*		*Level 3*
Assets
Available-for-sale security	$	—	$	6	$	—	$	—	$	6	$	—
Foreign exchange forward contracts		—		1		—		—		—		—
Cross-currency swap contract		—		12		—		—		2		—
Total assets	$	—	$	19	$	—	$	—	$	8	$	—
Liabilities
Contingent consideration	$	—	$	—	$	—	$	—	$	—	$	4
Foreign exchange forward contracts		—		1		—		—		2		—
Total liabilities	$	—	$	1	$	—	$	—	$	2	$	4

Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]

	*August 3,*		July 29,
($ in millions)	*2024*		2023
Carrying value ⁽¹⁾	$	395	$	395
Fair value	$	343	$	312

Note 8 - Accumulated Other Comprehensive Loss - Changes in Accumulated Other Comprehensive Loss (Details) - USD ($)
$ in Millions

3 Months Ended

6 Months Ended

Aug. 03, 2024

Jul. 29, 2023

Aug. 03, 2024

Jul. 29, 2023

Balance

^[1]

$ (366)

Amortization of pension actuarial loss, net of tax

$ 2

$ 4

Balance

(370)

$ (397)

(370)

$ (397)

Accumulated Foreign Currency Adjustment Attributable to Parent [Member]

Balance

(173)

OCI before reclassification

(10)

Reclassification of hedges, net of tax

Amortization of pension actuarial loss, net of tax

Other comprehensive (loss) income

(10)

Balance

(183)

Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent [Member]

Balance

(2)

OCI before reclassification

Reclassification of hedges, net of tax

(2)

Amortization of pension actuarial loss, net of tax

Other comprehensive (loss) income

Balance

Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]

Balance

(191)

OCI before reclassification

Reclassification of hedges, net of tax

Amortization of pension actuarial loss, net of tax

Other comprehensive (loss) income

Balance

(188)

AOCI Attributable to Parent [Member]

Balance

(366)

OCI before reclassification

(5)

Reclassification of hedges, net of tax

(2)

Amortization of pension actuarial loss, net of tax

Other comprehensive (loss) income

(4)

Balance

$ (370)

[1]

- Definition

Amount, after tax, of accumulated increase (decrease) in equity from transaction and other event and circumstance from nonowner source.

+ References + Details

- Definition

Amount after tax, before reclassification adjustments of other comprehensive income (loss).

+ References + Details

- Definition

Amount after tax and reclassification adjustments of other comprehensive income (loss).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-SubTopic 10
-Topic 505
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-2

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-6

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 830
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481674/830-30-50-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 830
-SubTopic 30
-Name Accounting Standards Codification
-Section 45
-Paragraph 17
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481694/830-30-45-17

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
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-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(19))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477250/944-220-S99-1

Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482765/220-10-50-4

Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482765/220-10-50-5

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 830
-SubTopic 30
-Name Accounting Standards Codification
-Section 45
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Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(21))
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Reference 10: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(23))
-Publisher FASB
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Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
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-Name Accounting Standards Codification
-Section 45
-Paragraph 1B
-Subparagraph (b)
-Publisher FASB
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Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 55
-Paragraph 15
-SubTopic 10
-Topic 220
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482739/220-10-55-15

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 1A
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482790/220-10-45-1A

+ Details

Note 2 - Revenue - Schedule of Sales Disaggregated by Geographic Area (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Aug. 03, 2024	Jul. 29, 2023	Aug. 03, 2024	Jul. 29, 2023
Total revenue	$ 1,900	$ 1,864	$ 3,779	$ 3,795
UNITED STATES
Total revenue	1,225	1,177	2,497	2,464
Non-US [Member]
Total revenue	$ 675	$ 687	$ 1,282	$ 1,331

- Definition

+ References

+ Details

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Millions

Aug. 03, 2024

Feb. 03, 2024

Jul. 29, 2023

Current assets:

Cash and cash equivalents

$ 291

$ 297

^[1]

$ 180

Merchandise inventories

1,648

1,509

^[1]

1,831

Other current assets

404

419

^[1]

360

Assets, Current

2,343

2,225

^[1]

2,371

Property and equipment, net

905

930

^[1]

898

Operating lease right-of-use assets

2,173

2,188

^[1]

2,266

Deferred taxes

130

114

^[1]

Goodwill

764

768

^[1]

774

Other intangible assets, net

393

399

^[1]

415

Minority investments

150

152

^[1]

629

Other assets

^[1]

Assets

6,953

6,868

^[1]

7,536

Current liabilities:

Accounts payable

487

366

^[1]

514

Accrued and other liabilities

424

428

^[1]

419

Current portion of debt and obligations under finance leases

^[1]

Current portion of lease obligations

496

492

^[1]

513

Liabilities, Current

1,412

1,291

^[1]

1,452

Long-term debt and obligations under finance leases

440

442

^[1]

444

Long-term lease obligations

1,978

2,004

^[1]

2,071

Other liabilities

226

241

^[1]

322

Total liabilities

4,056

3,978

^[1]

4,289

Commitments and contingencies

Shareholders’ equity:

Common stock and paid-in capital: 95,023,049; 94,253,029; and 94,283,984 shares issued, respectively

794

776

^[1]

767

Retained earnings

2,478

2,482

^[1]

2,881

Accumulated other comprehensive loss

(370)

(366)

^[1]

(397)

Less: Treasury stock at cost: 182,825; 98,990; and 60,308 shares, respectively

(5)

(2)

^[1]

(4)

Total shareholders' equity

2,897

2,890

^[1]

3,247

Liabilities and Equity

$ 6,953

$ 6,868

^[1]

$ 7,536

[1]

Note 2 - Revenue (Details Textual)	Aug. 03, 2024	Jul. 29, 2023
Kids Foot Locker Stores, Europe [Member]
Number of Stores	8	14

Note 5 - Other (Expense) Income, Net (Tables)

6 Months Ended

Aug. 03, 2024

Notes Tables

Schedule of Other Operating Cost and Expense, by Component [Table Text Block]

	*Thirteen weeks ended*						*Twenty-six weeks ended*
	*August 3,*			*July 29,*			*August 3,*			*July 29,*
($ in millions)	*2024*			*2023*			*2024*			*2023*
Pension and postretirement net benefit expense, excluding service cost	$	(1	)	$	(2	)	$	(3	)	$	(4	)
Share of losses related to minority investments		—			—			(2	)		(1	)
Foot Locker Singapore and Malaysia divestiture		—			2			—			2
Other		(1	)		—			(1	)		—
Total other (expense) income, net	$	(2	)	$	—		$	(6	)	$	(3	)

Note 3 - Segment Information (Details Textual)	3 Months Ended
Note 3 - Segment Information (Details Textual)	Aug. 03, 2024
Number of Reportable Segments	1

Note 4 - Impairment and Other Charges - Schedule of Impairment and Other Charges (Details) - USD ($)
$ in Millions

3 Months Ended

6 Months Ended

Aug. 03, 2024

May 04, 2024

Jul. 29, 2023

Aug. 03, 2024

Jul. 29, 2023

Impairment of long-lived assets and right-of-use assets

$ 9

$ 3

$ 16

$ 21

Legal claims

$ 7

Transformation consulting

Reorganization costs

Other

Total impairment and other

^[1]

$ 9

$ 14

$ 23

$ 53

[1]	See Note 4, Impairment and Other Charges for further detail.

Note 14 - Subsequent Events (Details Textual)	Aug. 31, 2024
Subsequent Event [Member] \| South East Europe [Member]
Number of Countries, Future Licensing Presence	6

Note 8 - Accumulated Other Comprehensive Loss (Tables)

6 Months Ended

Aug. 03, 2024

Notes Tables

Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]

	*August 3,*			*July 29,*			*February 3,*
($ in millions)	*2024*			*2023*			*2024*
Foreign currency translation adjustments	$	(183	)	$	(155	)	$	(173	)
Hedge contracts		1			(5	)		(2	)
Unrecognized pension cost and postretirement benefit		(188	)		(237	)		(191	)
	$	(370	)	$	(397	)	$	(366	)

Comprehensive Income (Loss) [Table Text Block]

	*Foreign*						*Items Related*
	*Currency*						*to Pension and*
	*Translation*			*Hedge*			*Postretirement*
($ in millions)	*Adjustments*			*Contracts*			*Benefits*			*Total*
Balance as of February 3, 2024	$	(173	)	$	(2	)	$	(191	)	$	(366	)

OCI before reclassification		(10	)		5			—			(5	)
Reclassification of hedges, net of tax		—			(2	)		—			(2	)
Amortization of pension actuarial loss, net of tax		—			—			3			3
Other comprehensive (loss) income		(10	)		3			3			(4	)
Balance as of August 3, 2024	$	(183	)	$	1		$	(188	)	$	(370	)

Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]

($ in millions)
Reclassification of hedge loss:
Cross-currency swap	$	(2	)
Income tax		—
Reclassification of hedges, net of tax	$	(2	)

Amortization of actuarial loss:
Pension benefits	$	4
Income tax		(1	)
Amortization of actuarial loss, net of tax	$	3

Note 12 - Share-based Compensation

6 Months Ended

Aug. 03, 2024

Notes to Financial Statements

Share-Based Payment Arrangement [Text Block]

12. Share-Based Compensation

Share-Based Compensation Expense

Total compensation expense, included in SG&A, and the associated tax benefits recognized related to our share-based compensation plans, was as follows:

	*Thirteen weeks ended*				*Twenty-six weeks ended*
	*August 3,*		*July 29,*		*August 3,*		*July 29,*
($ in millions)	*2024*		*2023*		*2024*		*2023*
Options and employee stock purchase plan	$	1	$	1	$	2	$	2
Restricted stock units and performance stock units		6		1		11		2
Total share-based compensation expense	$	7	$	2	$	13	$	4

Tax benefit recognized	$	1	$	1	$	2	$	1

Stock Options

As of August 3, 2024, there were 8,433,658 shares available for issuance under the 2007 Stock Incentive Plan. Effective in 2024, we no longer issue stock option grants. The table below provides activity for existing awards for the twenty-six weeks ended August 3, 2024.

				*Weighted-*		*Weighted-*
	*Number*			*Average*		*Average*
	of			*Remaining*		*Exercise*
	*Shares*			*Contractual Life*		*Price*
	(in thousands)			(in years)		(per share)
Options outstanding at the beginning of the year		2,738				$	48.23
Exercised		(245	)				21.60
Expired or cancelled		(293	)				52.92
Options outstanding at August 3, 2024		2,200			3.2	$	50.56
Options exercisable at August 3, 2024		1,931			2.5	$	52.48

The total fair value of options vested for the twenty-six weeks ended August 3, 2024 and July 29, 2023 was $2 million and $4 million, respectively. The cash received from option exercises during the thirteen weeks ended August 3, 2024 and July 29, 2023 was an insignificant amount and $1 million, respectively. The cash received from option exercises during the twenty-six weeks ended August 3, 2024 and July 29, 2023 was $5 million for both periods. The related tax benefits realized from option exercises were not significant for all periods presented.

The total intrinsic value of options exercised (the difference between the market price of our common stock on the exercise date and the price paid by the optionee to exercise the option) is presented below:

	*Thirteen weeks ended*				*Twenty-six weeks ended*
	*August 3,*		*July 29,*		*August 3,*		*July 29,*
($ in millions)	*2024*		*2023*		*2024*		*2023*
Exercised	$	—	$	—	$	3	$	3

The aggregate intrinsic value for stock options outstanding, and outstanding and exercisable (the difference between our closing stock price on the last trading day of the period and the exercise price of the options, multiplied by the number of in-the-money stock options) is presented below:

	*August 3,*		*July 29,*
($ in millions)	*2024*		*2023*
Outstanding	$	1	$	2
Outstanding and exercisable	$	1	$	2

As of August 3, 2024, there was $1 million of total unrecognized compensation cost related to nonvested stock options which is expected to be recognized over a remaining weighted-average period of 1.2 years.

The table below summarizes information about stock options outstanding and exercisable at August 3, 2024.

	Options Outstanding						Options Exercisable
			Weighted-
			Average		Weighted-				Weighted-
			Remaining		Average				Average
Range of Exercise	Number		Contractual		Exercise		Number		Exercise
Prices	Outstanding		Life		Price		Exercisable		Price
	(in thousands, except prices per share and contractual life)
$21.60 - $30.98		439		4.5	$	26.54		387	$	26.23
$36.49 - $46.64		513		6.2		40.70		296		42.19
$53.61 - $58.94		382		2.2		56.47		382		56.47
$62.02 - $72.83		866		1.3		65.98		866		65.98
		2,200		3.2	$	50.56		1,931	$	52.48

Restricted Stock Units and Performance Stock Units

Restricted stock units (“RSU”) are awarded to certain officers, key employees of the Company, and nonemployee directors. Additionally, performance stock units (“PSU”) are awarded to certain officers and key employees in connection with our long-term incentive program. Each RSU and PSU represents the right to receive one share of our common stock, provided that the applicable performance and vesting conditions are satisfied. PSU awards also include a performance objective based on our relative total shareholder return over the performance period to a pre-determined peer group, assuming the reinvestment of dividends. The fair value of the market condition of our PSU awards is determined using a Monte Carlo simulation as of the date of the grant.

Generally, RSU awards fully vest after the passage of time, typically over three years for employees and one year for nonemployee directors, provided there is continued service with the Company until the vesting date, subject to the terms of the award. PSU awards are earned only after the attainment of performance goals in connection with the relevant performance period. PSUs granted in 2024 vest after the attainment of the performance period, which is three years. Prior PSU grants vested after the attainment of the performance period of two years and an additional one-year period. No dividends are paid or accumulated on any RSU or PSU awards. Compensation expense is recognized over the vesting period on a straight-line basis.

RSU and PSU activity for the twenty-six weeks ended August 3, 2024 is summarized as follows:

				*Weighted-*
				*Average*		*Weighted-*
	*Number*			*Remaining*		*Average*
	of			*Contractual*		*Grant Date*
	*Shares*			*Life*		*Fair Value*
	(in thousands)			(in years)		(per share)
Nonvested at beginning of year		1,378				$	38.81
Granted		1,382					29.00
Vested		(477	)				49.60
Forfeited		(79	)				32.16
Nonvested at August 3, 2024		2,204			1.7	$	30.57

Aggregate value ($ in millions)	$	67

The total value of RSU and PSU awards that vested during the twenty-six weeks ended August 3, 2024 and July 29, 2023 was $24 million and $23 million, respectively. As of August 3, 2024, there was $46 million of total unrecognized compensation cost related to nonvested awards.

Note 9 - Fair Value Measurements

6 Months Ended

Aug. 03, 2024

Notes to Financial Statements

Fair Value Disclosures [Text Block]

9. Fair Value Measurements

Our financial assets and liabilities are recorded at fair value, using a three-level fair value hierarchy that prioritizes the inputs used to measure fair value.

Assets and Liabilities Measured at Fair Value on a Recurring Basis

($ in millions)	*As of August 3, 2024*						*As of July 29, 2023*
	*Level 1*		*Level 2*		*Level 3*		*Level 1*		*Level 2*		*Level 3*
Assets
Available-for-sale security	$	—	$	6	$	—	$	—	$	6	$	—
Foreign exchange forward contracts		—		1		—		—		—		—
Cross-currency swap contract		—		12		—		—		2		—
Total assets	$	—	$	19	$	—	$	—	$	8	$	—
Liabilities
Contingent consideration	$	—	$	—	$	—	$	—	$	—	$	4
Foreign exchange forward contracts		—		1		—		—		2		—
Total liabilities	$	—	$	1	$	—	$	—	$	2	$	4

There were no transfers into or out of Level 1, Level 2, or Level 3 assets and liabilities for any of the periods presented.

Long-Term Debt

The fair value of long-term debt is determined by using model-derived valuations in which all significant inputs or significant value drivers are observable in active markets and, therefore, are classified as Level 2. The carrying value and estimated fair value of long-term debt were as follows:

	*August 3,*		July 29,
($ in millions)	*2024*		2023
Carrying value ⁽¹⁾	$	395	$	395
Fair value	$	343	$	312

⁽¹⁾	The carrying value of debt as of both August 3, 2024 and July 29, 2023, included $5 million of issuer’s discount and costs.

The carrying values of cash and cash equivalents, and other current receivables and payables approximate their fair value.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 107
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482078/820-10-55-107

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-Topic 820
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-Name Accounting Standards Codification
-Section 55
-Paragraph 100
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Reference 3: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
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-Publisher FASB
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Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478119/940-820-50-1

+ Details

Note 7 - Revolving Credit Facility

6 Months Ended

Aug. 03, 2024

Notes to Financial Statements

Line Of Credit Facilities [Text Block]

7. Revolving Credit Facility

In the second quarter of 2024, we entered into an amendment to the credit agreement (as so amended, the “Amended Credit Agreement”), which governs our $600 million secured asset-based revolving credit facility. The amendment provides for, among other things, (i) an uncommitted “accordion” feature that allows us, subject to certain customary conditions, to increase the size of the revolving credit facility to up to $750 million in the aggregate, (ii) an extension of the maturity date from July 14, 2025 to June 20, 2029, and (iii) a change to the interest rates and commitment fees applicable to the loans and commitments, respectively, as described below. The amendment provides that the interest rate applicable to loans drawn under the credit facility will be equal to, at our option, either a base rate, determined by reference to the federal funds rate, plus a margin of 0.50% to 1.00% per annum, or a forward-looking term rate, determined by reference to Secured Overnight Financing Rate plus a margin of 1.50% to 2.00% per annum, in each case, depending on availability under the Amended Credit Agreement. In addition, we will pay a commitment fee from 0.25% to 0.375% per annum on the unused portion of the commitments under the Amended Credit Agreement. No events of default occurred during 2024.

Our obligations under the Amended Credit Agreement are secured by a first priority lien on certain assets, including inventory and accounts receivable, cash deposits, and certain insurance proceeds. We may use the Amended Credit Agreement to, among other things, support standby letters of credit in connection with insurance programs. We did not have any borrowings outstanding as of August 3, 2024 and July 29, 2023, and the letters of credit outstanding as of August 3, 2024 were not significant.

We paid fees of $4 million in connection with the amendment of our credit facility and such costs are amortized over the life of the extended facility. The unamortized balance at August 3, 2024 was $5 million, which included the unamortized costs of the prior agreement.

Note 12 - Share-based Compensation (Tables)

6 Months Ended

Aug. 03, 2024

Notes Tables

Share-Based Payment Arrangement, Cost by Plan [Table Text Block]

	*Thirteen weeks ended*				*Twenty-six weeks ended*
	*August 3,*		*July 29,*		*August 3,*		*July 29,*
($ in millions)	*2024*		*2023*		*2024*		*2023*
Options and employee stock purchase plan	$	1	$	1	$	2	$	2
Restricted stock units and performance stock units		6		1		11		2
Total share-based compensation expense	$	7	$	2	$	13	$	4

Tax benefit recognized	$	1	$	1	$	2	$	1

Share-Based Payment Arrangement, Option, Activity [Table Text Block]

				*Weighted-*		*Weighted-*
	*Number*			*Average*		*Average*
	of			*Remaining*		*Exercise*
	*Shares*			*Contractual Life*		*Price*
	(in thousands)			(in years)		(per share)
Options outstanding at the beginning of the year		2,738				$	48.23
Exercised		(245	)				21.60
Expired or cancelled		(293	)				52.92
Options outstanding at August 3, 2024		2,200			3.2	$	50.56
Options exercisable at August 3, 2024		1,931			2.5	$	52.48

Schedule of Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Grant Date Intrinsic Value [Table Text Block]

	*Thirteen weeks ended*				*Twenty-six weeks ended*
	*August 3,*		*July 29,*		*August 3,*		*July 29,*
($ in millions)	*2024*		*2023*		*2024*		*2023*
Exercised	$	—	$	—	$	3	$	3

Schedule of Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Intrinsic Value of Options Outstanding and Exercisable [Table Text Block]

	*August 3,*		*July 29,*
($ in millions)	*2024*		*2023*
Outstanding	$	1	$	2
Outstanding and exercisable	$	1	$	2

Share-Based Payment Arrangement, Option, Exercise Price Range [Table Text Block]

	Options Outstanding						Options Exercisable
			Weighted-
			Average		Weighted-				Weighted-
			Remaining		Average				Average
Range of Exercise	Number		Contractual		Exercise		Number		Exercise
Prices	Outstanding		Life		Price		Exercisable		Price
	(in thousands, except prices per share and contractual life)
$21.60 - $30.98		439		4.5	$	26.54		387	$	26.23
$36.49 - $46.64		513		6.2		40.70		296		42.19
$53.61 - $58.94		382		2.2		56.47		382		56.47
$62.02 - $72.83		866		1.3		65.98		866		65.98
		2,200		3.2	$	50.56		1,931	$	52.48

Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block]

				*Weighted-*
				*Average*		*Weighted-*
	*Number*			*Remaining*		*Average*
	of			*Contractual*		*Grant Date*
	*Shares*			*Life*		*Fair Value*
	(in thousands)			(in years)		(per share)
Nonvested at beginning of year		1,378				$	38.81
Granted		1,382					29.00
Vested		(477	)				49.60
Forfeited		(79	)				32.16
Nonvested at August 3, 2024		2,204			1.7	$	30.57

Aggregate value ($ in millions)	$	67

Note 13 - Legal Proceedings

6 Months Ended

Aug. 03, 2024

Notes to Financial Statements

Legal Matters and Contingencies [Text Block]

13. Legal Proceedings

Legal proceedings pending against the Company or its consolidated subsidiaries consist of ordinary, routine litigation, or pre-litigation demands, including administrative proceedings, incidental to the business of the Company or businesses that have been sold or discontinued by the Company in past years. These legal proceedings include commercial, intellectual property, customer, environmental, and employment-related claims.

We do not believe that the outcome of any such legal proceedings pending against the Company or its consolidated subsidiaries, as described above, would have a material adverse effect on our consolidated financial position, liquidity, or results of operations, taken as a whole, based upon current knowledge and taking into consideration current accruals. Litigation is inherently unpredictable. Judgments could be rendered or settlements made that could adversely affect the Company's operating results or cash flows in a particular period.

Note 11 - Pension (Tables)

6 Months Ended

Aug. 03, 2024

Notes Tables

Schedule of Net Benefit Costs [Table Text Block]

	*Thirteen weeks ended*						*Twenty-six weeks ended*
	*August 3,*			*July 29,*			*August 3,*			*July 29,*
($ in millions)	*2024*			*2023*			*2024*			*2023*
Service cost	$	1		$	2		$	2		$	3
Interest cost		5			7			10			13
Expected return on plan assets		(6	)		(8	)		(11	)		(15	)
Amortization of net loss		2			3			4			6
Net benefit expense	$	2		$	4		$	5		$	7

Note 12 - Share-based Compensation (Details Textual) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Aug. 03, 2024	Jul. 29, 2023	Aug. 03, 2024	Jul. 29, 2023
Proceeds from Stock Options Exercised			$ 5,000	$ 5,000
Share-Based Payment Arrangement, Option [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Vested in Period, Fair Value			2,000	4,000
Proceeds from Stock Options Exercised	$ 1,000	$ 1,000	5,000	5,000
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount	1,000		1,000
Restricted Stock Units (RSUs) [Member]
Dividends			$ 0
Restricted Stock Units (RSUs) [Member] \| Management [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Year)			3 years
Restricted Stock Units (RSUs) [Member] \| Director [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Year)			1 year
Performance Shares [Member] \| Current Year Grants [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Year)			3 years
Performance Shares [Member] \| Prior Year Grants [Member] \| Performance Period [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Year)			2 years
Performance Shares [Member] \| Prior Year Grants [Member] \| Additional Vesting Period [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Year)			1 year
Performance Stock Units (PSU) [Member]
Dividends			$ 0
Restricted Stock Units (RSUs) and Performance Stock Units [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value			24,000	$ 23,000
Share-Based Payment Arrangement, Nonvested Award, Excluding Option, Cost Not yet Recognized, Amount	$ 46,000		$ 46,000
Two Thousand And Seven Stock Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Available for Grant (in shares)	8,433,658		8,433,658
Unvested Options [Member] \| Share-Based Payment Arrangement, Option [Member]
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)			1 year 2 months 12 days

Note 11 - Pension

6 Months Ended

Aug. 03, 2024

Notes to Financial Statements

Retirement Benefits [Text Block]

11. Pension

The components of net periodic pension benefit expense are presented in the table below. Service cost is recognized as part of SG&A expense, while the other components are recognized as part of Other (expense) income, net.

	*Thirteen weeks ended*						*Twenty-six weeks ended*
	*August 3,*			*July 29,*			*August 3,*			*July 29,*
($ in millions)	*2024*			*2023*			*2024*			*2023*
Service cost	$	1		$	2		$	2		$	3
Interest cost		5			7			10			13
Expected return on plan assets		(6	)		(8	)		(11	)		(15	)
Amortization of net loss		2			3			4			6
Net benefit expense	$	2		$	4		$	5		$	7

- Definition

The entire disclosure for retirement benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 70
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480794/715-70-50-1

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 17
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480482/715-20-55-17

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)(iv)(03)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)(i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (q)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (l)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/715/tableOfContent

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)(iii)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (o)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (p)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (r)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (r)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480126/715-20-S99-2

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 60
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480266/715-60-50-3

+ Details

Condensed Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($)
shares in Thousands, $ in Millions

Common Stock Including Additional Paid in Capital [Member]

Treasury Stock, Common [Member]

Retained Earnings [Member]

AOCI Attributable to Parent [Member]

Total

Balance (in shares) at Jan. 28, 2023

93,397

(1)

Balance at Jan. 28, 2023

$ 760

$ 0

$ 2,925

$ (392)

$ 3,293

Restricted stock issued (in shares)

653

Restricted stock issued

$ 0

Issued under director and stock plans (in shares)

203

Issued under director and stock plans

$ 6

Share-based compensation expense

Shares of common stock used to satisfy tax withholding obligations (in shares)

(265)

Shares of common stock used to satisfy tax withholding obligations

$ (10)

(10)

Reissued for Employee Stock Purchase Plan

$ (3)

$ 6

Reissued for Employee Stock Purchase Plan (in shares)

167

Net (loss) income

Translation adjustment, net of tax

(7)

Change in hedges, net of tax

(2)

Pension and postretirement adjustments, net of tax

Balance (in shares) at Jul. 29, 2023

94,253

(99)

Balance at Jul. 29, 2023

$ 767

$ (4)

2,881

(397)

3,247

Cash dividends on common stock

(75)

Balance (in shares) at Apr. 29, 2023

94,176

(261)

Balance at Apr. 29, 2023

$ 766

$ (10)

2,923

(396)

3,283

Restricted stock issued (in shares)

Restricted stock issued

$ 0

Issued under director and stock plans (in shares)

Issued under director and stock plans

$ 2

Share-based compensation expense

Shares of common stock used to satisfy tax withholding obligations (in shares)

(5)

Shares of common stock used to satisfy tax withholding obligations

$ 0

Reissued for Employee Stock Purchase Plan

$ (3)

$ 6

Reissued for Employee Stock Purchase Plan (in shares)

167

Net (loss) income

(5)

Translation adjustment, net of tax

Change in hedges, net of tax

(3)

Pension and postretirement adjustments, net of tax

Balance (in shares) at Jul. 29, 2023

94,253

(99)

Balance at Jul. 29, 2023

$ 767

$ (4)

2,881

(397)

3,247

Cash dividends on common stock

(37)

Balance (in shares) at Feb. 03, 2024

94,284

(60)

Balance at Feb. 03, 2024

$ 776

$ (2)

2,482

(366)

2,890

^[1]

Restricted stock issued (in shares)

469

Restricted stock issued

$ 0

Issued under director and stock plans (in shares)

270

Issued under director and stock plans

$ 6

Share-based compensation expense

Shares of common stock used to satisfy tax withholding obligations (in shares)

(185)

Shares of common stock used to satisfy tax withholding obligations

$ (5)

(5)

Reissued for Employee Stock Purchase Plan

$ (1)

$ 2

Reissued for Employee Stock Purchase Plan (in shares)

Net (loss) income

(4)

Translation adjustment, net of tax

(10)

Change in hedges, net of tax

Pension and postretirement adjustments, net of tax

Balance (in shares) at Aug. 03, 2024

95,023

(183)

Balance at Aug. 03, 2024

$ 794

$ (5)

2,478

(370)

2,897

Balance (in shares) at May. 04, 2024

94,940

(231)

Balance at May. 04, 2024

$ 787

$ (6)

2,490

(385)

2,886

Restricted stock issued (in shares)

Restricted stock issued

$ 0

Issued under director and stock plans (in shares)

Issued under director and stock plans

$ 1

Share-based compensation expense

Shares of common stock used to satisfy tax withholding obligations (in shares)

(14)

Shares of common stock used to satisfy tax withholding obligations

$ (1)

(1)

Reissued for Employee Stock Purchase Plan

$ (1)

$ 2

Reissued for Employee Stock Purchase Plan (in shares)

Net (loss) income

(12)

Translation adjustment, net of tax

Change in hedges, net of tax

Pension and postretirement adjustments, net of tax

Balance (in shares) at Aug. 03, 2024

95,023

(183)

Balance at Aug. 03, 2024

$ 794

$ (5)

$ 2,478

$ (370)

$ 2,897

[1]

Note 9 - Fair Value Measurements - Schedule of Fair Value Assets and Liabilities (Details) - Fair Value, Recurring [Member] - USD ($) $ in Millions	Aug. 03, 2024	Jul. 29, 2023
Fair Value, Inputs, Level 1 [Member]
Assets, Fair Value	$ 0	$ 0
Liabilities, Fair Value	0	0
Fair Value, Inputs, Level 1 [Member] \| Commitments [Member]
Liabilities, Fair Value	0	0
Fair Value, Inputs, Level 1 [Member] \| Foreign Exchange Forward [Member]
Assets, Fair Value	0	0
Fair Value, Inputs, Level 1 [Member] \| Foreign Exchange Forward [Member] \| Derivative Financial Instruments, Liabilities [Member]
Liabilities, Fair Value	0	0
Fair Value, Inputs, Level 1 [Member] \| Cross Currency Interest Rate Contract [Member]
Assets, Fair Value	0	0
Fair Value, Inputs, Level 2 [Member]
Assets, Fair Value	19	8
Liabilities, Fair Value	1	2
Fair Value, Inputs, Level 2 [Member] \| Commitments [Member]
Liabilities, Fair Value	0	0
Fair Value, Inputs, Level 2 [Member] \| Foreign Exchange Forward [Member]
Assets, Fair Value	1	0
Fair Value, Inputs, Level 2 [Member] \| Foreign Exchange Forward [Member] \| Derivative Financial Instruments, Liabilities [Member]
Liabilities, Fair Value	1	2
Fair Value, Inputs, Level 2 [Member] \| Cross Currency Interest Rate Contract [Member]
Assets, Fair Value	12	2
Fair Value, Inputs, Level 3 [Member]
Assets, Fair Value	0	0
Liabilities, Fair Value	0	4
Fair Value, Inputs, Level 3 [Member] \| Commitments [Member]
Liabilities, Fair Value	0	4
Fair Value, Inputs, Level 3 [Member] \| Foreign Exchange Forward [Member]
Assets, Fair Value	0	0
Fair Value, Inputs, Level 3 [Member] \| Foreign Exchange Forward [Member] \| Derivative Financial Instruments, Liabilities [Member]
Liabilities, Fair Value	0	0
Fair Value, Inputs, Level 3 [Member] \| Cross Currency Interest Rate Contract [Member]
Assets, Fair Value	0	0
Available-for-Sale Securities [Member] \| Fair Value, Inputs, Level 1 [Member]
Assets, Fair Value	0	0
Available-for-Sale Securities [Member] \| Fair Value, Inputs, Level 2 [Member]
Assets, Fair Value	6	6
Available-for-Sale Securities [Member] \| Fair Value, Inputs, Level 3 [Member]
Assets, Fair Value	$ 0	$ 0

Note 12 - Share-based Compensation - Schedule of Allocated Share-based Compensation (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Aug. 03, 2024	Jul. 29, 2023	Aug. 03, 2024	Jul. 29, 2023
Allocated Share Based Compensation	$ 7	$ 2	$ 13	$ 4
Allocated Share Based Compensation	1	1	2	1
Options and Employee Stock Purchase Plan [Member]
Allocated Share Based Compensation	1	1	2	2
Restricted Stock Units (RSUs) and Performance Stock Units [Member]
Allocated Share Based Compensation	$ 6	$ 1	$ 11	$ 2

Note 4 - Impairment and Other (Tables)

6 Months Ended

Aug. 03, 2024

Notes Tables

Restructuring, Impairment, and Other Activities Disclosure [Table Text Block]

	*Thirteen weeks ended*				*Twenty-six weeks ended*
	*August 3,*		*July 29,*		*August 3,*		*July 29,*
($ in millions)	*2024*		*2023*		*2024*		*2023*
Impairment of long-lived assets and right-of-use assets	$	9	$	3	$	16	$	21
Legal claims		—		—		7		—
Transformation consulting		—		7		—		26
Reorganization costs		—		3		—		5
Other		—		1		—		1
Total impairment and other	$	9	$	14	$	23	$	53

Condensed Consolidated Statements of Comprehensive (Loss) Income (Unaudited) (Parentheticals) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Aug. 03, 2024	Jul. 29, 2023	Aug. 03, 2024	Jul. 29, 2023
Net income tax benefit on translation adjustment	$ 0	$ 0	$ 0	$ 0
Change in fair value of derivatives, tax adjustments	1,000	(1,000)	0	(1,000)
Amortization of net actuarial gain/loss, tax adjustments	$ 0	$ 0	$ 1,000	$ 1,000

Note 8 - Accumulated Other Comprehensive Loss - Reclassifications from Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Aug. 03, 2024	Jul. 29, 2023	Aug. 03, 2024	Jul. 29, 2023
Income tax	$ (1,000)	$ 1,000	$ 0	$ 1,000
Pension benefits			4,000
Income tax			(1,000)
Amortization of actuarial loss, net of tax			3,000
Currency Swap [Member]
Cross-currency swap			(2,000)
Income tax			0
Reclassification of hedges, net of tax			$ (2,000)

Note 11 - Pension - Schedule of Net Benefit Costs (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Aug. 03, 2024	Jul. 29, 2023	Aug. 03, 2024	Jul. 29, 2023
Service cost	$ 1	$ 2	$ 2	$ 3
Interest cost	5	7	10	13
Expected return on plan assets	(6)	(8)	(11)	(15)
Amortization of net loss	2	3	4	6
Net benefit expense	$ 2	$ 4	$ 5	$ 7

Note 10 - Earnings Per Share (Tables)

6 Months Ended

Aug. 03, 2024

Notes Tables

Schedule of Weighted Average Number of Shares [Table Text Block]

	*Thirteen weeks ended*						*Twenty-six weeks ended*
	*August 3,*			*July 29,*			*August 3,*			*July 29,*
(in millions, except per share data)	*2024*			*2023*			*2024*			*2023*
Net (loss) income	$	(12	)	$	(5	)	$	(4	)	$	31
Weighted-average common shares outstanding		95.0			94.2			94.8			94.0
Dilutive effect of potential common shares		—			—			—			1.0
Weighted-average common shares outstanding assuming dilution		95.0			94.2			94.8			95.0

(Loss) earnings per share - basic	$	(0.13	)	$	(0.05	)	$	(0.04	)	$	0.33
(Loss) earnings per share - diluted	$	(0.13	)	$	(0.05	)	$	(0.04	)	$	0.33

Anti-dilutive share-based awards excluded from diluted calculation		4.0			2.7			4.0			2.4

Note 2 - Revenue (Tables)

6 Months Ended

Aug. 03, 2024

Notes Tables

Disaggregation of Revenue [Table Text Block]

	*Thirteen weeks ended*				*Twenty-six weeks ended*
	*August 3,*		*July 29,*		*August 3,*		*July 29,*
($ in millions)	*2024*		*2023*		*2024*		*2023*
Sales by Channel
Stores	$	1,594	$	1,572	$	3,148	$	3,185
Direct-to-customers		302		289		622		603
Total sales		1,896		1,861		3,770		3,788
Licensing revenue		4		3		9		7
Total revenue	$	1,900	$	1,864	$	3,779	$	3,795

Revenue from External Customers by Geographic Areas [Table Text Block]

	*Thirteen weeks ended*				*Twenty-six weeks ended*
	*August 3,*		*July 29,*		*August 3,*		*July 29,*
($ in millions)	*2024*		*2023*		*2024*		*2023*
Revenue by Geography
United States	$	1,225	$	1,177	$	2,497	$	2,464
International		675		687		1,282		1,331
Total revenue	$	1,900	$	1,864	$	3,779	$	3,795

Reconciliation of Revenue From Banners to Consolidated [Table Text Block]

	*Thirteen weeks ended*				*Twenty-six weeks ended*
	*August 3,*		*July 29,*		*August 3,*		*July 29,*
($ in millions)	*2024*		*2023*		*2024*		*2023*
Foot Locker	$	754	$	704	$	1,513	$	1,448
Champs Sports		268		293		535		621
Kids Foot Locker		154		146		337		313
WSS		155		145		315		295
Other		1		—		1		—
North America		1,332		1,288		2,701		2,677
Foot Locker⁽¹⁾		445		416		839		795
Sidestep		—		12		—		26
EMEA		445		428		839		821
Foot Locker		87		102		159		200
atmos		32		43		71		90
Asia Pacific		119		145		230		290
Total sales	$	1,896	$	1,861	$	3,770	$	3,788

Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block]

	*August 3,*			*July 29,*
($ in millions)	*2024*			*2023*
Gift card liability at beginning of year	$	29		$	36
Redemptions		(80	)		(138	)
Breakage recognized in sales		(2	)		(9	)
Activations		76			133
Gift card liability	$	23		$	22

Note 10 - Earnings Per Share - Schedule of Weighted Average Number of Shares (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Aug. 03, 2024	Jul. 29, 2023	Aug. 03, 2024	Jul. 29, 2023
Net (loss) income	$ (12)	$ (5)	$ (4)	$ 31
Weighted-average shares outstanding (in shares)	95.0	94.2	94.8	94.0
Dilutive effect of potential common shares (in shares)	0.0	0.0	0.0	1.0
Weighted-average common shares outstanding assuming dilution (in shares)	95.0	94.2	94.8	95.0
Basic (loss) earnings per share (in dollars per share)	$ (0.13)	$ (0.05)	$ (0.04)	$ 0.33
Diluted (loss) earnings per share (in dollars per share)	$ (0.13)	$ (0.05)	$ (0.04)	$ 0.33
Share-Based Payment Arrangement, Option [Member]
Anti-dilutive share-based awards excluded from diluted calculation (in shares)	4.0	2.7	4.0	2.4

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

+ References

+ Details

- Definition

The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

+ References

+ Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

+ Details

Note 4 - Impairment and Other

6 Months Ended

Aug. 03, 2024

Notes to Financial Statements

Restructuring, Impairment, and Other Activities Disclosure [Text Block]

4. Impairment and Other

	*Thirteen weeks ended*				*Twenty-six weeks ended*
	*August 3,*		*July 29,*		*August 3,*		*July 29,*
($ in millions)	*2024*		*2023*		*2024*		*2023*
Impairment of long-lived assets and right-of-use assets	$	9	$	3	$	16	$	21
Legal claims		—		—		7		—
Transformation consulting		—		7		—		26
Reorganization costs		—		3		—		5
Other		—		1		—		1
Total impairment and other	$	9	$	14	$	23	$	53

For the thirteen weeks ended August 3, 2024, we recorded $9 million of impairment of long-lived assets and right-of-use assets primarily related to our decision to exit underperforming operations in South Korea, Denmark, Norway, and Sweden. We will close all stores operating in those regions as we focus on improving the overall results of our international operations. For the twenty-six weeks ended August 3, 2024, we recorded an additional $7 million of impairment of long-lived assets and right-of-use assets related to our decision to no longer operate, and to sublease, an unprofitable store in Europe, and a $7 million loss accrual for legal claims.

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	6 Months Ended
	Aug. 03, 2024	Jul. 29, 2023
From operating activities:
Net (loss) income	$ (4)	$ 31
Adjustments to reconcile net (loss) income to net cash from operating activities:
Non-cash impairment and other	16	21
Depreciation and amortization	102	101
Deferred income taxes	(29)	(3)
Share-based compensation expense	13	4
Gain on sales of businesses	0	(2)
Change in assets and liabilities:
Merchandise inventories	(143)	(194)
Accounts payable	123	23
Accrued and other liabilities	31	(97)
Other, net	17	(68)
Net cash provided by (used in) operating activities	126	(184)
From investing activities:
Capital expenditures	(132)	(105)
Minority investments	(1)	(1)
Proceeds from sales of businesses	0	10
Net cash used in investing activities	(133)	(96)
From financing activities:
Payment of debt issuance costs	(4)	0
Dividends paid on common stock	0	(75)
Shares of common stock repurchased to satisfy tax withholding obligations	(5)	(10)
Payment of obligations under finance leases	(3)	(3)
Proceeds from exercise of stock options	5	5
Treasury stock reissued under employee stock plan	2	3
Net cash used in financing activities	(5)	(80)
Effect of exchange rate fluctuations on cash, cash equivalents, and restricted cash	0	3
Net change in cash, cash equivalents, and restricted cash	(12)	(357)
Cash, cash equivalents, and restricted cash at beginning of year	334	582
Cash, cash equivalents, and restricted cash at end of period	322	225
Supplemental information:
Interest paid	12	9
Income taxes paid	35	75
Cash paid for amounts included in measurement of operating lease liabilities	339	344
Cash paid for amounts included in measurement of finance lease liabilities	4	4
Right-of-use assets obtained in exchange for operating lease obligations	263	89
Assets obtained in exchange for finance lease obligations	$ 1	$ 0

Note 5 - Other (Expense) Income, Net

6 Months Ended

Aug. 03, 2024

Notes to Financial Statements

Other Income and Other Expense Disclosure [Text Block]

5. Other (Expense) Income, net

	*Thirteen weeks ended*						*Twenty-six weeks ended*
	*August 3,*			*July 29,*			*August 3,*			*July 29,*
($ in millions)	*2024*			*2023*			*2024*			*2023*
Pension and postretirement net benefit expense, excluding service cost	$	(1	)	$	(2	)	$	(3	)	$	(4	)
Share of losses related to minority investments		—			—			(2	)		(1	)
Foot Locker Singapore and Malaysia divestiture		—			2			—			2
Other		(1	)		—			(1	)		—
Total other (expense) income, net	$	(2	)	$	—		$	(6	)	$	(3	)

Note 12 - Share-based Compensation - Schedule of Share-based Compensation Restricted Stock and Restricted Stock Units Activity (Details) - Restricted Stock Units (RSUs) and Performance Stock Units [Member] $ / shares in Units, shares in Thousands, $ in Millions	6 Months Ended
	Aug. 03, 2024 USD ($) $ / shares shares
Beginning balance, nonvested units (in shares) \| shares	1,378
Beginning balance, weighted-average grant fair value (in dollars per share) \| $ / shares	$ 38.81
Granted, units (in shares) \| shares	1,382
Granted, weighted average grant date fair value (in dollars per share) \| $ / shares	$ 29
Vested, units (in shares) \| shares	(477)
Vested, weighted average grant date fair value (in dollars per share) \| $ / shares	$ 49.6
Forfeited, units (in shares) \| shares	(79)
Forfeited, weighted average grant date fair value (in dollars per share) \| $ / shares	$ 32.16
Ending balance, nonvested units (in shares) \| shares	2,204
Weighted average remaining contractual term, units (Year)	1 year 8 months 12 days
Ending balance, weighted-average grant fair value (in dollars per share) \| $ / shares	$ 30.57
Aggregate value, units \| $	$ 67

Note 2 - Revenue - Activity of Gift Card Liability Balance (Details) - USD ($) $ in Millions	6 Months Ended
	Aug. 03, 2024	Jul. 29, 2023
Gift card liability at beginning of year	$ 29	$ 36
Gift card liability at end of period	23	22
Gift Card Redemption Revenue [Member]
Revenue recognized	(80)	(138)
Gift Card Breakage Revenue [Member]
Revenue recognized	(2)	(9)
Gift Card Activations [Member]
Revenue recognized	$ 76	$ 133

Condensed Consolidated Statements of Changes in Shareholders' Equity (Unaudited) (Parentheticals) - $ / shares	3 Months Ended	6 Months Ended
	Jul. 29, 2023	Jul. 29, 2023
Common stock, dividends, per share, declared (in dollars per share)	$ 0.4	$ 0.8

Significant Accounting Policies (Policies)	6 Months Ended
Significant Accounting Policies (Policies)	Aug. 03, 2024
Accounting Policies [Abstract]
Nature of Operations, Policy [Policy Text Block]	Business Foot Locker, Inc., together with its consolidated subsidiaries (“Foot Locker,” “Company,” “we,” “our,” and “us”), is a leading footwear and apparel retailer. We have integrated all available shopping channels, including stores, websites, apps, and social channels. Store sales are primarily fulfilled from the store’s inventory, but may also be shipped from any of our distribution centers or from a different store location if an item is not available at the original store. Direct-to-customer orders are generally shipped to our customers through our distribution centers but may also be shipped from any store or a combination of our distribution centers and stores depending on availability of particular items. We operate in North America, Europe, and Asia Pacific, representing our operating segments. We aggregate these operating segments into one reportable segment based upon their shared customer base and similar economic characteristics.
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation The accompanying interim Unaudited Condensed Consolidated Financial Statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and the rules and regulations of the Securities and Exchange Commission. Accordingly, they do not include all of the information and notes required by U.S. GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. The results of operations for any interim period are not necessarily indicative of the results expected for the year. The accompanying unaudited condensed consolidated financial statements should be read in conjunction with the Notes to Consolidated Financial Statements contained in our 2023 Annual Report on Form 10-K. There were no significant changes to the policies disclosed in Note 1, Summary of Significant Accounting Policies of our 2023 Annual Report on Form 10-K.
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements Other than the pronouncements disclosed in our 2023 Annual Report on Form 10-K, recently issued accounting pronouncements did not, or are not believed by management to, have a material effect on our present or future consolidated financial statements.

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions

3 Months Ended

6 Months Ended

Aug. 03, 2024

Jul. 29, 2023

Aug. 03, 2024

Jul. 29, 2023

Total revenue

$ 1,900

$ 1,864

$ 3,779

$ 3,795

Cost of sales

1,373

1,357

2,708

2,706

Selling, general and administrative expenses

476

442

937

873

Depreciation and amortization

102

101

Impairment and other

^[1]

(Loss) income from operations

(9)

Interest expense, net

(3)

(4)

(5)

Other (expense) income, net

^[2]

(2)

(6)

(3)

(Loss) income before income taxes

(14)

(3)

(1)

Income tax (benefit) expense

(2)

Net (loss) income

$ (12)

$ (5)

$ (4)

$ 31

Basic (loss) earnings per share (in dollars per share)

$ (0.13)

$ (0.05)

$ (0.04)

$ 0.33

Weighted-average shares outstanding (in shares)

95.0

94.2

94.8

94.0

Diluted (loss) earnings per share (in dollars per share)

$ (0.13)

$ (0.05)

$ (0.04)

$ 0.33

Weighted-average shares outstanding, assuming dilution (in shares)

95.0

94.2

94.8

95.0

Sales Revenue [Member]

Total revenue

$ 1,896

$ 1,861

$ 3,770

$ 3,788

License [Member]

Total revenue

$ 4

$ 3

$ 9

$ 7

[1]	See Note 4, Impairment and Other Charges for further detail.
[2]	See Note 5, Other (Expense) Income, net for further detail.

Document And Entity Information - shares	6 Months Ended
Document And Entity Information - shares	Aug. 03, 2024	Aug. 31, 2024
Document Information [Line Items]
Entity Central Index Key	0000850209
Entity Registrant Name	Foot Locker, Inc.
Amendment Flag	false
Current Fiscal Year End Date	--02-01
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2024
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Aug. 03, 2024
Document Transition Report	false
Entity File Number	1-10299
Entity Incorporation, State or Country Code	NY
Entity Tax Identification Number	13-3513936
Entity Address, Address Line One	330 West 34th Street
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10001
City Area Code	212
Local Phone Number	720-3700
Title of 12(b) Security	Common Stock, par value $0.01
Trading Symbol	FL
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		94,851,932

Note 2 - Revenue

6 Months Ended

Aug. 03, 2024

Notes to Financial Statements

Revenue from Contract with Customer [Text Block]

2. Revenue

The table below presents sales disaggregated by sales channel, as well as licensing revenue earned from our various licensed arrangements. Sales are attributable to the channel in which the sales transaction is initiated.

	*Thirteen weeks ended*				*Twenty-six weeks ended*
	*August 3,*		*July 29,*		*August 3,*		*July 29,*
($ in millions)	*2024*		*2023*		*2024*		*2023*
Sales by Channel
Stores	$	1,594	$	1,572	$	3,148	$	3,185
Direct-to-customers		302		289		622		603
Total sales		1,896		1,861		3,770		3,788
Licensing revenue		4		3		9		7
Total revenue	$	1,900	$	1,864	$	3,779	$	3,795

Revenue is attributed to the country in which the transaction is fulfilled, and revenue by geographic area is presented in the following table.

	*Thirteen weeks ended*				*Twenty-six weeks ended*
	*August 3,*		*July 29,*		*August 3,*		*July 29,*
($ in millions)	*2024*		*2023*		*2024*		*2023*
Revenue by Geography
United States	$	1,225	$	1,177	$	2,497	$	2,464
International		675		687		1,282		1,331
Total revenue	$	1,900	$	1,864	$	3,779	$	3,795

Sales by banner and operating segment are presented in the following table.

	*Thirteen weeks ended*				*Twenty-six weeks ended*
	*August 3,*		*July 29,*		*August 3,*		*July 29,*
($ in millions)	*2024*		*2023*		*2024*		*2023*
Foot Locker	$	754	$	704	$	1,513	$	1,448
Champs Sports		268		293		535		621
Kids Foot Locker		154		146		337		313
WSS		155		145		315		295
Other		1		—		1		—
North America		1,332		1,288		2,701		2,677
Foot Locker⁽¹⁾		445		416		839		795
Sidestep		—		12		—		26
EMEA		445		428		839		821
Foot Locker		87		102		159		200
atmos		32		43		71		90
Asia Pacific		119		145		230		290
Total sales	$	1,896	$	1,861	$	3,770	$	3,788

⁽¹⁾	Includes sales from 8 and 14 Kids Foot Locker stores operating in Europe for August 3, 2024 and July 29, 2023, respectively.

Contract Liabilities

We sell gift cards which do not have expiration dates. Revenue from gift card sales is recorded when the gift cards are redeemed by customers. Breakage income is recognized as revenue in proportion to the pattern of rights exercised by the customer. The table below presents the activity of our gift card liability balance.

	*August 3,*			*July 29,*
($ in millions)	*2024*			*2023*
Gift card liability at beginning of year	$	29		$	36
Redemptions		(80	)		(138	)
Breakage recognized in sales		(2	)		(9	)
Activations		76			133
Gift card liability	$	23		$	22

We elected not to disclose the information about remaining performance obligations since the amount of gift cards redeemed after 12 months is not significant.

- Definition

The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-9

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-10

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
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-Name Accounting Standards Codification
-Section 50
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-15

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-12

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Subparagraph (b)
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-URI https://asc.fasb.org/1943274/2147479806/606-10-50-12

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Subparagraph (c)
-Publisher FASB
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Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
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-Section 50
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Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
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-Topic 606
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-Name Accounting Standards Codification
-Section 50
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Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Name Accounting Standards Codification
-Topic 606
-Publisher FASB
-URI https://asc.fasb.org/606/tableOfContent

+ Details

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - shares

Aug. 03, 2024

Feb. 03, 2024

^[1]

Jul. 29, 2023

Common stock, shares issued (in shares)

95,023,049

94,283,984

94,253,029

Treasury stock, shares (in shares)

182,825

60,308

98,990

[1]

Note 7 - Revolving Credit Facility (Details Textual) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Aug. 03, 2024	Aug. 03, 2024	Jul. 29, 2023
Payments of Financing Costs	$ 4	$ 4	$ (0)
Debt Issuance Costs, Line of Credit Arrangements, Net	5	5
Revolving Credit Facility Without Uncommitted Accordion [Member]
Line of Credit Facility, Maximum Borrowing Capacity	600	600
Revolving Credit Facility with Uncommitted Accordion [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 750	$ 750
Revolving Credit Facility [Member] \| Minimum [Member]
Line of Credit Facility, Commitment Fee Percentage	0.25%
Revolving Credit Facility [Member] \| Minimum [Member] \| Fed Funds Effective Rate Overnight Index Swap Rate [Member]
Debt Instrument, Basis Spread on Variable Rate	0.50%
Revolving Credit Facility [Member] \| Minimum [Member] \| Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]
Debt Instrument, Basis Spread on Variable Rate	1.50%
Revolving Credit Facility [Member] \| Maximum [Member]
Line of Credit Facility, Commitment Fee Percentage	0.375%
Revolving Credit Facility [Member] \| Maximum [Member] \| Fed Funds Effective Rate Overnight Index Swap Rate [Member]
Debt Instrument, Basis Spread on Variable Rate	1.00%
Revolving Credit Facility [Member] \| Maximum [Member] \| Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]
Debt Instrument, Basis Spread on Variable Rate	2.00%

Note 6 - Cash, Cash Equivalents, and Restricted Cash - Reconciliation of Cash and Cash Equivalents (Details) - USD ($)
$ in Millions

Aug. 03, 2024

Feb. 03, 2024

^[1]

Jul. 29, 2023

Cash and cash equivalents

$ 291

$ 297

$ 180

Restricted cash included in other current assets

Restricted cash included in other non-current assets

Cash, cash equivalents, and restricted cash

$ 322

$ 225

[1]

Note 14 - Subsequent Events

6 Months Ended

Aug. 03, 2024

Notes to Financial Statements

Subsequent Events [Text Block]

14. Subsequent Events

In August 2024, we entered into agreements to sell our Greece and Romania businesses and entered into license arrangements with the purchaser for the rights to operate Foot Locker stores in Greece and Romania and six other countries in South East Europe. The sale transactions are expected to close in the first half of 2025. We do not believe the sale will be significant to our financial results.

In addition, in August 2024, we announced that we will move our global headquarters to St. Petersburg, Florida in late 2025.

Note 12 - Share-based Compensation - Schedule of Share-based Compensation (Details) shares in Thousands	6 Months Ended
	Aug. 03, 2024 $ / shares shares
Balance, options outstanding (in shares) \| shares	2,738
Balance, options outstanding, weighted average exercise price (in dollars per share) \| $ / shares	$ 48.23
Exercised (in shares) \| shares	(245)
Exercised, weighted average exercise price (in dollars per share) \| $ / shares	$ 21.6
Expired or cancelled (in shares) \| shares	(293)
Expired or cancelled, weighted average exercise price (in dollars per share) \| $ / shares	$ 52.92
Balance, options outstanding (in shares) \| shares	2,200
Options Outstanding Weighted Average Remaining (Year)	3 years 2 months 12 days
Balance, options outstanding, weighted average exercise price (in dollars per share) \| $ / shares	$ 50.56
Balance, options exercisable (in shares) \| shares	1,931
Options, Exercisable, Weighted Average Remaining (Year)	2 years 6 months
Award Options Exercisable Weighted Average Exercise Price (in dollars per share) \| $ / shares	$ 52.48