0001437749-25-009620 | 10-K | XBRL Viewer

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Note 4 - Impairment and Other (Details Textual) - USD ($) $ in Millions	12 Months Ended
	Feb. 01, 2025	Feb. 03, 2024	Jan. 28, 2023
Impairment, Long-Lived Asset, Held-for-Use	$ 32	$ 30	$ 58
Restructuring Costs	26	17	22
Impairment of Intangible Assets, Indefinite-Lived (Excluding Goodwill)	25	9	8
Loss Contingency, Loss in Period	14	0	9
Transformation Consulting Costs	0	27	42
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability	0	(4)	(31)
Litigation Settlement, Expense			9
Business Combination, Integration Related Costs	0	$ 0	$ 4
South Korea, New York Headquarters, Denmark, Norway, and Sweden [Member]
Impairment, Long-Lived Asset, Held-for-Use	32
Restructuring Costs	$ 26

Note 17 - Accumulated Other Comprehensive Loss - Changes in Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Millions	12 Months Ended
	Feb. 01, 2025	Feb. 03, 2024	Jan. 28, 2023
Amortization of pension actuarial loss, net of tax	$ 5	$ 7	$ 7
Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
Balance	(173)
OCI before reclassification	(35)
Reclassification of hedges, net of tax	0
Amortization of pension actuarial loss, net of tax	0
Pension and postretirement remeasurement, net of tax	0
Other comprehensive income	(35)
Balance	(208)	(173)
Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent [Member]
Balance	(2)
OCI before reclassification	6
Reclassification of hedges, net of tax	(4)
Amortization of pension actuarial loss, net of tax	0
Pension and postretirement remeasurement, net of tax	0
Other comprehensive income	2
Balance	0	(2)
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Balance	(191)
OCI before reclassification	1
Reclassification of hedges, net of tax	0
Amortization of pension actuarial loss, net of tax	5
Pension and postretirement remeasurement, net of tax	10
Other comprehensive income	16
Balance	(175)	(191)
AOCI Attributable to Parent [Member]
Balance	(366)
OCI before reclassification	(28)
Reclassification of hedges, net of tax	(4)
Amortization of pension actuarial loss, net of tax	5
Pension and postretirement remeasurement, net of tax	10
Other comprehensive income	(17)
Balance	$ (383)	$ (366)

Document And Entity Information - USD ($)	12 Months Ended
Document And Entity Information - USD ($)	Feb. 01, 2025	Mar. 21, 2025	Aug. 03, 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	FY
Document Fiscal Year Focus	2024
Document Type	10-K
Document Annual Report	true
Document Period End Date	Feb. 01, 2025
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 Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
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
ICFR Auditor Attestation Flag	true
Document Financial Statement Error Correction [Flag]	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		94,954,372
Entity Public Float			$ 1,319,697,917
Auditor Name	KPMG LLP
Auditor Location	New York, NY
Auditor Firm ID	185

Note 14 - Long-term Debt and Obligations Under Finance Leases - Components of Long Term Debt (Details) (Parentheticals)	Feb. 01, 2025	Feb. 03, 2024
Senior Notes Due2029 [Member]
Interest rate, stated percentage	4.00%	4.00%

Note 21 - Retirement Plans and Other Benefits - Qualified and Non Qualified Plans (Details) - UNITED STATES - USD ($) $ in Millions	Feb. 01, 2025	Feb. 03, 2024
Projected benefit obligation	$ 370	$ 400
Accumulated benefit obligation	370	400
Fair value of plan assets	$ 342	$ 359

- Definition

Amount of asset segregated and restricted to provide benefit under defined benefit plan. Asset includes, but is not limited to, stock, bond, other investment, earning from investment, and contribution by employer and employee.

+ References + Details

Note 2 - Revenue

12 Months Ended

Feb. 01, 2025

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.

($ in millions)	*2024*		2023		2022
Sales by Channel:
Stores	$	6,517	$	6,751	$	7,219
Direct-to-customers		1,454		1,403		1,528
Total sales		7,971		8,154		8,747
Licensing revenue		17		14		12
Total revenue	$	7,988	$	8,168	$	8,759

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

($ in millions)	*2024*		2023		2022
Revenue by Geography:
United States	$	5,328	$	5,409	$	5,981
International		2,660		2,759		2,778
Total revenue	$	7,988	$	8,168	$	8,759

For the year ended February 1, 2025, the countries that comprised the majority of the revenue for the international category were Canada, Italy, France, and Australia. No other individual country included in the international category was significant.

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

($ in millions)	*2024*		2023		2022
Foot Locker	$	3,227	$	3,205	$	3,304
Champs Sports		1,155		1,304		1,681
Kids Foot Locker		727		716		708
WSS		660		640		604
Other		2		1		126
North America		5,771		5,866		6,423
Foot Locker ⁽¹⁾		1,735		1,697		1,628
Sidestep		—		26		94
EMEA		1,735		1,723		1,722
Foot Locker		327		387		414
atmos		138		178		188
Asia Pacific		465		565		602
Total sales	$	7,971	$	8,154	$	8,747

⁽¹⁾	Includes sales from 7, 13, and 16 Kids Foot Locker stores operating in Europe as of February 1, 2025, February 3, 2024, and January 28, 2023, respectively.

Contract Liabilities

The table below presents the activity of our gift card liability balance:

	*February 1,*			February 3,
($ in millions)	*2025*			2024
Gift card liability at beginning of year	$	29		$	36
Redemptions		(184	)		(278	)
Breakage recognized in sales		(3	)		(6	)
Activations		187			277
Foreign currency fluctuations		(1	)		—
Gift card liability	$	28		$	29

We elected not to disclose the information about remaining performance obligations since the amount of gift cards redeemed after 12 months is not significant for both 2024 and 2023.

- 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.

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+ Details

Note 11 - Other Assets

12 Months Ended

Feb. 01, 2025

Notes to Financial Statements

Other Assets Disclosure [Text Block]

11. Other Assets

	*February 1,*		February 3,
($ in millions)	*2025*		2024
Restricted cash	$	25	$	33
Security deposits		22		25
Cross-currency swap contract		13		7
Auction rate security		6		6
Pension asset		4		4
Other		66		17
	$	136	$	92

Note 7 - Assets and Liabilities Held-for-sale (Tables)

12 Months Ended

Feb. 01, 2025

Notes Tables

Disposal Groups, Including Discontinued Operations [Table Text Block]

	*February 1,*
($ in millions)	*2025*
Assets:
Merchandise inventories	$	2
Property and equipment, net		2
Operating lease right-of-use assets		5
Other assets		1
Total assets held-for-sale	$	10

Liabilities:
Accrued and other liabilities	$	1
Current portion of lease obligations		1
Long-term lease obligations		4
Total liabilities held-for-sale	$	6

- Definition

Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

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+ Details

Note 21 - Retirement Plan and Other Benefits (Details Textual) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Feb. 03, 2024	Feb. 01, 2025	Feb. 03, 2024	Jan. 28, 2023	Dec. 31, 2022	Dec. 31, 2019
Pension Expense (Reversal of Expense), Noncash		$ 0	$ 75	$ 0
Foreign Plan [Member] \| Fixed Income Securities [Member]
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage		95.00%
Foreign Plan [Member] \| Defined Benefit Plan, Equity Securities [Member]
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage		5.00%
Pension Plan [Member]
Plan Participants Years Of Service Threshold (Year)					11 years	11 years
Defined Benefit Plan, Plan Assets, Payment for Settlement	$ 109		109
Pension Expense (Reversal of Expense), Noncash			75
Defined Benefit Plan, Benefit Obligation, (Increase) Decrease for Settlement		$ 1	127
Defined Benefit Plan, Benefit Obligation, Benefits Paid		$ 35	35
Pension Plan [Member] \| Minimum [Member]
Investments Gain Loss of Equity Base Period, Calculating Market Value of Plan Asset (Year)		3 years
Pension Plan [Member] \| Maximum [Member]
Investments Gain Loss of Equity Base Period, Calculating Market Value of Plan Asset (Year)		5 years
Pension Plan [Member] \| Nonqualified Plan [Member]
Defined Benefit Plan, Benefit Obligation, Benefits Paid		$ 4	3
Pension Plan [Member] \| UNITED STATES
Defined Benefit Plans Fixed Interest Rate		6.00%
Pension Plan [Member] \| UNITED STATES \| Nonqualified Plan [Member]
Defined Benefit Plan, Benefit Obligation, (Increase) Decrease for Settlement		$ 1
Pension Plan [Member] \| UNITED STATES \| Qualified Plan [Member]
Defined Benefit Plan Market Related Value Of Plan Assets	$ 513	364	$ 513
Defined Benefit Plan, Expected Future Employer Contributions, Next Fiscal Year		$ 20
Pension Plan [Member] \| UNITED STATES \| Qualified Plan [Member] \| Fixed Income Securities [Member]
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage	70.00%	50.00%	70.00%
Pension Plan [Member] \| UNITED STATES \| Qualified Plan [Member] \| Defined Benefit Plan, Equity Securities [Member]
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage		47.50%
Pension Plan [Member] \| UNITED STATES \| Qualified Plan [Member] \| Real Estate Investment [Member]
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage	1.50%	2.50%	1.50%
Pension Plan [Member] \| UNITED STATES \| Qualified Plan [Member] \| Equity Securities [Member]
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage	28.50%		28.50%

Note 21 - Retirement Plans and Other Benefits - Estimated Future Benefit Payments (Details) - Pension Plan [Member] $ in Millions	Feb. 01, 2025 USD ($)
2025, expected benefits	$ 51
2026, expected benefits	34
2027, expected benefits	33
2028, expected benefits	32
2029, expected benefits	31
2030-2034, expected benefits	$ 145

Note 9 - Property and Equipment, Net

12 Months Ended

Feb. 01, 2025

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

9. Property and Equipment, net

	*February 1,*			February 3,
($ in millions)	*2025*			2024
Owned properties:
Land	$	3		$	3
Buildings		50			51
Furniture, fixtures, equipment and software development costs		1,223			1,403
		1,276			1,457
Less: accumulated depreciation		(819	)		(988	)
		457			469
Finance leases:
Assets under finance leases		68			65
Less: accumulated amortization		(23	)		(18	)
		45			47
Alterations to leased and owned buildings:
Cost		956			996
Less: accumulated amortization		(548	)		(582	)
		408			414

	$	910		$	930

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

12 Months Ended

Feb. 01, 2025

Notes Tables

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

($ in millions)	*2024*			2023			2022
Impairment and fair value adjustment in minority investments	$	(35	)	$	(478	)	$	(61	)
Pension and postretirement net benefit (expense) income, excluding service cost		(7	)		(8	)		—
Share of (losses) earnings related to other minority investments		(2	)		(1	)		1
Pension settlement charge		—			(75	)		—
Team Sales divestiture		—			—			19
Gain on sale of property		—			3			—
Foot Locker Singapore and Malaysia divestiture		—			3			—
Other		—			—			(1	)
Total other (expense) income, net	$	(44	)	$	(556	)	$	(42	)

Note 23 - Legal Proceedings

12 Months Ended

Feb. 01, 2025

Notes to Financial Statements

Legal Matters and Contingencies [Text Block]

23. 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 21 - Retirement Plans and Other Benefits - Assumption Used in Calculating Net Periodic Pension Cost (Details) - Pension Plan [Member]

12 Months Ended

Feb. 01, 2025

Feb. 03, 2024

Jan. 28, 2023

Discount rate

5.50%

5.20%

Rate of compensation increase (1)

^[1]

3.00%

Discount rate

5.20%

5.00%

3.20%

Rate of compensation increase (1)

^[1]

3.00%

3.60%

Expected long-term rate of return on assets

5.60%

4.80%

[1]	The rate of compensation increase relates only to Canadian pension plan, as the other plans are frozen.

Note 2 - Revenue (Tables)

12 Months Ended

Feb. 01, 2025

Notes Tables

Disaggregation of Revenue [Table Text Block]

($ in millions)	*2024*		2023		2022
Sales by Channel:
Stores	$	6,517	$	6,751	$	7,219
Direct-to-customers		1,454		1,403		1,528
Total sales		7,971		8,154		8,747
Licensing revenue		17		14		12
Total revenue	$	7,988	$	8,168	$	8,759

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

($ in millions)	*2024*		2023		2022
Revenue by Geography:
United States	$	5,328	$	5,409	$	5,981
International		2,660		2,759		2,778
Total revenue	$	7,988	$	8,168	$	8,759

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

($ in millions)	*2024*		2023		2022
Foot Locker	$	3,227	$	3,205	$	3,304
Champs Sports		1,155		1,304		1,681
Kids Foot Locker		727		716		708
WSS		660		640		604
Other		2		1		126
North America		5,771		5,866		6,423
Foot Locker ⁽¹⁾		1,735		1,697		1,628
Sidestep		—		26		94
EMEA		1,735		1,723		1,722
Foot Locker		327		387		414
atmos		138		178		188
Asia Pacific		465		565		602
Total sales	$	7,971	$	8,154	$	8,747

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

	*February 1,*			February 3,
($ in millions)	*2025*			2024
Gift card liability at beginning of year	$	29		$	36
Redemptions		(184	)		(278	)
Breakage recognized in sales		(3	)		(6	)
Activations		187			277
Foreign currency fluctuations		(1	)		—
Gift card liability	$	28		$	29

Note 17 - Accumulated Other Comprehensive Loss

12 Months Ended

Feb. 01, 2025

Notes to Financial Statements

Comprehensive Income (Loss) Note [Text Block]

17. Accumulated Other Comprehensive Loss

($ in millions)	*2024*			2023			2022
Foreign currency translation adjustments	$	(208	)	$	(173	)	$	(148	)
Hedge contracts		—			(2	)		(3	)
Unrecognized pension cost and postretirement benefit		(175	)		(191	)		(241	)
	$	(383	)	$	(366	)	$	(392	)

The changes in AOCL for the year ended February 1, 2025 were as follows:

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

OCI before reclassification		(35	)		6			1			(28	)
Reclassification of hedges, net of tax		—			(4	)		—			(4	)
Amortization of pension actuarial loss, net of tax		—			—			5			5
Pension and postretirement remeasurement, net of tax		—			—			10			10
Other comprehensive income		(35	)		2			16			(17	)
Balance as of February 1, 2025	$	(208	)	$	—		$	(175	)	$	(383	)

Reclassifications to income from AOCL for the year ended February 1, 2025 were as follows:

($ in millions)
Reclassification of hedges:
Cross-currency swap	$	(4	)
Income tax		—
Reclassification of hedges, net of tax	$	(4	)

Reclassification of actuarial loss:
Amortization of pension and postretirement benefits	$	7
Income tax		(2	)
Reclassification of actuarial loss, net of tax	$	5

Note 22 - Share-based Compensation - Schedule of Allocated Share-based Compensation (Details) - USD ($) $ in Millions	12 Months Ended
	Feb. 01, 2025	Feb. 03, 2024	Jan. 28, 2023
Allocated Share Based Compensation	$ 21	$ 13	$ 31
Tax benefit recognized	3	2	3
Restricted Stock Units (RSUs) and Performance Stock Units [Member]
Allocated Share Based Compensation	19	9	26
Options and Employee Stock Purchase Plan [Member]
Allocated Share Based Compensation	$ 2	$ 4	$ 5

Note 18 - Income Taxes - Components of Pre-tax Income (Details) - USD ($) $ in Millions	12 Months Ended
	Feb. 01, 2025	Feb. 03, 2024	Jan. 28, 2023
Domestic	$ 100	$ (381)	$ 440
International	(49)	(42)	84
Income (loss) from continuing operations before income taxes	$ 51	$ (423)	$ 524

- 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.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 2: http://www.xbrl.org/2003/role/exampleRef
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-Name Accounting Standards Codification
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Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
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-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef
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-Subparagraph (b)
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-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef
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Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef
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Reference 7: http://fasb.org/us-gaap/role/ref/otherTransitionRef
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Reference 8: http://www.xbrl.org/2003/role/disclosureRef
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Reference 10: http://www.xbrl.org/2003/role/disclosureRef
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-Paragraph 1
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Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef
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-Name Accounting Standards Codification
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-Paragraph 1
-Subparagraph (SX 210.9-04(15))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478524/942-220-S99-1

+ Details

Note 1 - Summary of Significant Accounting Policies (Tables)

12 Months Ended

Feb. 01, 2025

Notes Tables

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

($ in millions)	*2024*			2023			2022
Impairment and fair value adjustment in minority investments	$	(35	)	$	(478	)	$	(61	)
Pension and postretirement net benefit (expense) income, excluding service cost		(7	)		(8	)		—
Share of (losses) earnings related to other minority investments		(2	)		(1	)		1
Pension settlement charge		—			(75	)		—
Team Sales divestiture		—			—			19
Gain on sale of property		—			3			—
Foot Locker Singapore and Malaysia divestiture		—			3			—
Other		—			—			(1	)
Total other (expense) income, net	$	(44	)	$	(556	)	$	(42	)

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

(in millions, except per share data)	2024			2023			2022
Net income (loss) from continuing operations	$	18		$	(330	)	$	344
Net loss attributable to noncontrolling interests		—			—			1
Income (loss) from continuing operations attributable to Foot Locker, Inc.		18			(330	)		345
Net loss from discontinued operations, net of tax		(6	)		—			(3	)
Net income (loss) attributable to Foot Locker, Inc.	$	12		$	(330	)	$	342

Weighted-average common shares outstanding		95.0			94.2			94.3
Dilutive effect of potential common shares		0.5			—			1.2
Weighted-average common shares outstanding assuming dilution		95.5			94.2			95.5

Basic earnings per share:
Earnings (loss) per share from continuing operations attributable to Foot Locker, Inc.	$	0.19		$	(3.51	)	$	3.66
Loss per share from discontinued operations, net of tax		(0.06	)		—			(0.04	)
Net earnings (loss) per share attributable to Foot Locker, Inc.	$	0.13		$	(3.51	)	$	3.62

Diluted earnings per share:
Earnings (loss) per share from continuing operations attributable to Foot Locker, Inc.	$	0.19		$	(3.51	)	$	3.62
Net loss per share from discontinued operations, net of tax		(0.06	)		—			(0.04	)
Net earnings (loss) per share attributable to Foot Locker, Inc.	$	0.13		$	(3.51	)	$	3.58

Anti-dilutive share-based awards excluded from diluted calculation		2.1			4.5			2.7

Restrictions on Cash and Cash Equivalents [Table Text Block]

	*February 1,*		February 3,		January 28,
($ in millions)	*2025*		2024		2023
Cash and cash equivalents ⁽¹⁾	$	401	$	297	$	536
Restricted cash included in other current assets		4		4		13
Restricted cash included in other non-current assets		25		33		33
Cash, cash equivalents, and restricted cash	$	430	$	334	$	582

Estimated Useful Life Of Asset [Table Text Block]

Buildings		Maximum of 50 years
Store leasehold improvements		Shorter of the asset useful life or expected term of the lease
Furniture, fixtures, and equipment		3‑10 years
Software		2‑5 years

Advertising Cost [Member]

Notes Tables

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

($ in millions)	*2024*			2023			2022
Advertising expenses	$	248		$	216		$	222
Cooperative advertising reimbursements		(50	)		(35	)		(37	)
Net advertising expense	$	198		$	181		$	185

Note 16 - Leases (Tables)

12 Months Ended

Feb. 01, 2025

Notes Tables

Lessee Lease Balance Sheet Information [Table Text Block]

	*February 1,*		February 3,
($ in millions)	*2025*		2024
Operating leases:
Operating lease right-of-use assets ⁽¹⁾	$	2,061	$	2,188

Operating lease liabilities classified as current	$	507	$	492
Operating lease liabilities classified as long-term		1,831		2,004
Total operating lease liabilities ⁽²⁾	$	2,338	$	2,496

	*February 1,*		February 3,
($ in millions)	*2025*		2024
Finance leases:
Property and equipment, net	$	45	$	47

Finance lease obligations classified as current	$	5	$	5
Finance lease obligations classified as long-term		45		47
Total finance lease obligations	$	50	$	52

Lessee Lease Other Information [TableTextBlock]

	*February 1,*			February 3,
	*2025*			2024
Weighted-average remaining lease term (years):
Operating leases		6.2			6.5
Finance leases		13.8			14.5
Weighted-average discount rate:
Operating leases		5.6	%		5.5	%
Finance leases		4.4	%		4.3	%

Lease, Cost [Table Text Block]

($ in millions)	*2024*		2023			2022
Operating lease costs	$	643	$	613		$	657
Variable lease costs		272		304			308
Short-term lease costs		16		48			19
Sublease income		—		(1	)		(1	)
Total operating lease costs		931		964			983
Finance lease costs:
Amortization of leased assets		6		6			6
Interest on lease liabilities		2		2			3
Total finance lease costs		8		8			9
Total lease cost	$	939	$	972		$	992

Lease, Liability, to be Paid, Maturity [Table Text Block]

($ in millions)	*Operating leases*		*Finance leases*		*Total*
2025	$	624	$	7	$	631
2026		501		6		507
2027		396		5		401
2028		320		4		324
2029		269		4		273
Thereafter		676		40		716
Total lease payments		2,786		66		2,852
Less: Interest		443		16		459
Less: Lease liabilities held for sale		5		—		5
Total lease liabilities	$	2,338	$	50	$	2,388

Note 22 - Share-based Compensation (Tables)

12 Months Ended

Feb. 01, 2025

Notes Tables

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

($ in millions)	*2024*		2023		2022
Restricted stock units and performance stock units	$	19	$	9	$	26
Options and employee stock purchase plan		2		4		5
Total share-based compensation expense	$	21	$	13	$	31

Tax benefit recognized	$	3	$	2	$	3

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

	*Number of Shares*			*Weighted-Average Remaining Contractual Life*		*Weighted-Average Grant Date Fair Value*
	(in thousands)			(in years)		(per share)
Nonvested at beginning of year		1,378				$	38.81
Granted		1,383					29.00
Vested		(535	)				47.29
Performance adjustment ⁽¹⁾		(495	)
Forfeited		(128	)				32.25
Nonvested at February 1, 2025		1,603			0.9	$	30.65

Aggregate value ($ in millions)	$	49

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

	*Number of Shares*			*Weighted- Average Remaining Contractual Life*		*Weighted- Average Exercise Price*
	(in thousands)			(in years)		(per share)
Options outstanding at the beginning of the year		2,738				$	48.23
Exercised		(257	)				21.63
Expired or cancelled		(392	)				53.54
Options outstanding at February 1, 2025		2,089			2.9	$	50.50
Options exercisable at February 1, 2025		1,844			2.2	$	52.32

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		422		4.1	$	26.67		372	$	26.37
$36.49 - $46.64		506		5.8		40.68		311		41.82
$53.61 - $58.94		309		2.1		56.46		309		56.46
$62.02 - $72.83		852		0.8		65.97		852		65.97
		2,089		2.9	$	50.50		1,844	$	52.32

Note 19 - Financial Instruments and Risk Management

12 Months Ended

Feb. 01, 2025

Notes to Financial Statements

Derivative Instruments and Hedging Activities Disclosure [Text Block]

19. Financial Instruments and Risk Management

We operate internationally and utilize certain derivative financial instruments to mitigate our foreign currency exposures, primarily related to third-party and intercompany forecasted transactions. As a result of the use of derivative instruments, we are exposed to the risk that counterparties will fail to meet their contractual obligations. To mitigate this counterparty credit risk, we have a practice of entering into contracts with major financial institutions selected based upon their credit ratings and other financial factors. We monitor the creditworthiness of counterparties throughout the duration of the derivative instrument.

Derivative Holdings Designated as Hedges

The primary currencies to which we are exposed are the euro, British pound, Canadian dollar, Australian dollar, and the Japanese yen. Generally, merchandise inventories are purchased by each geographic area in their respective local currency.

For option and foreign exchange forward contracts designated as cash flow hedges of the purchase of inventory, the effective portion of gains and losses is deferred as a component of AOCL and is recognized as a component of cost of sales when the related inventory is sold. The amount reclassified to cost of sales related to such contracts was not significant for any of the periods presented. The effective portion of gains or losses associated with other forward contracts is deferred as a component of AOCL until the underlying transaction is reported in earnings. The ineffective portion of gains and losses related to cash flow hedges recorded to earnings was not significant for any of the periods presented.

On May 6, 2022, we entered into a cross-currency swap contract to reduce the effect of the fluctuating U.S. dollar ("USD") to Japanese yen ("JPY") foreign exchange rate on our foreign currency-denominated intercompany loan between our Japanese and U.S. subsidiary. We expect the gains and losses on this contract to offset losses and gains on the hedged transaction in an effort to reduce the earnings volatility resulting from the remeasurement of the principal and interest accrued on the loan. Though the intercompany loan eliminates in consolidation, the foreign currency remeasurement of the loan and interest by the U.S. subsidiary is reflected in the consolidated financial statements.

The cross-currency swap contract has a notional amount of JPY 11 billion and final receipt of $85 million. The cross-currency swap contract, which matures on November 2, 2031, swaps yen-denominated interest payments for U.S. dollar-denominated interest payments, thereby economically converting the JPY 11 billion fixed-rate 3.51% intercompany loan to a fixed-rate 6.77% USD-denominated receivable for our U.S. subsidiary.

We designated the cross-currency swap contract to hedge the changes in value of the intercompany loan and its variability on earnings. We apply fair value hedge accounting, and we consider market factors other than the change in the spot exchange rate on the notional amount of the swap to be excluded components. The foreign currency spot rate fluctuations on the cross-currency swap notional amount and interest accruals are reported in earnings each period, while all other changes are reported in other comprehensive income. Because the terms of the hedged item and the hedging instrument match and the likelihood of swap counterparty default is not probable, the hedge is expected to exactly offset changes in the fair value of the foreign currency debt resulting from to foreign currency fluctuations over the term of the swap.

As of February 1, 2025 and February 3, 2024, the cross-currency swap had a fair value of $13 million and $7 million included in other assets, respectively. We record the changes in the fair value of the contract to AOCL. Each period, we reclassify an amount out of AOCL equal to the remeasurement gain or loss on the hedged intercompany loan that is recorded in selling, general and administrative expenses. As of February 1, 2025 and February 3, 2024, there was an insignificant amount and $2 million in AOCL, net of tax, related to the cross-currency swap, respectively. In addition, we recognize swap interest income based on the differential in fixed interest rates per the contract. During 2024 and 2023, we recorded $3 million of income in interest expense, net, and $2 million in 2022. Refer to Note 17 for further information regarding amounts recorded in AOCL and Note 20 for fair value of derivative disclosures.

Derivative Holdings Not Designated as Hedges

We enter into certain derivative contracts that are not designated as hedges, such as foreign exchange forward contracts and currency option contracts. These derivative contracts are used to manage certain costs of foreign currency-denominated merchandise purchases, intercompany transactions, and the effect of fluctuating foreign exchange rates on the reporting of foreign currency-denominated earnings. Changes in the fair value of derivative holdings not designated as hedges, as well as realized gains and premiums paid, are recorded in earnings immediately within SG&A or Other (expense) income, net, depending on the type of transaction. The aggregate amount recognized for these contracts was not significant for any of the periods presented.

Business Risk

The retail business is highly competitive. Price, quality, selection of merchandise, reputation, store location, advertising, and customer experience are important competitive factors in our business. We operate in 26 countries and purchased 85% and 84% of our merchandise from our top 5 suppliers in 2024 and 2023, respectively. In 2024 and 2023, we purchased 59% and 65% of our athletic merchandise from one major supplier, Nike, Inc.

Included in our Consolidated Balance Sheet at February 1, 2025, are the net assets of our European operations, which total $546 million and are located in 20 countries, 11 of which have adopted the euro as their functional currency.

Note 14 - Long-term Debt and Obligations Under Finance Leases

12 Months Ended

Feb. 01, 2025

Notes to Financial Statements

Debt Disclosure [Text Block]

14. Long-Term Debt and Obligations Under Finance Leases

The components of long-term debt and obligations under finance leases are as follows:

	*February 1,*		February 3,
($ in millions)	*2025*		2024
4% Senior Notes due 2029	$	396	$	395
Obligations under finance leases		50		52
	$	446	$	447
Current portion of debt and obligations under finance leases		5		5
	$	441	$	442

Interest expense related to long-term debt and the amortization of the associated debt issuance costs was $17 million 2024, 2023, and 2022.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481544/470-10-50-6

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
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Reference 3: http://www.xbrl.org/2003/role/disclosureRef
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Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

Note 18 - Income Taxes - Summary of Unrecognized Tax Benefits (Details) - USD ($) $ in Millions	12 Months Ended
	Feb. 01, 2025	Feb. 03, 2024	Jan. 28, 2023
Unrecognized tax benefits at beginning of year	$ 50	$ 52	$ 41
Foreign currency translation adjustments	(1)	0	(1)
Increases related to current year tax positions	1	5	9
Increases related to prior period tax positions	2	2	7
Decreases related to prior period tax positions	(8)	0	0
Settlements	0	(5)	0
Lapse of statute of limitations	(5)	(4)	(4)
Unrecognized tax benefits at end of year	$ 39	$ 50	$ 52

Note 2 - Revenue - Activity of Gift Card Liability Balance (Details) - USD ($) $ in Millions	12 Months Ended
	Feb. 01, 2025	Feb. 03, 2024
Gift card liability, balance	$ 29	$ 36
Foreign currency fluctuations	(1)	0
Gift card liability, balance	28	29
Gift Card Redemption Revenue [Member]
Revenue recognized	(184)	(278)
Gift Card Breakage Revenue [Member]
Revenue recognized	(3)	(6)
Gift Card Activations [Member]
Revenue recognized	$ 187	$ 277

Consolidated Statements of Comprehensive (Loss) Income - USD ($) $ in Millions	12 Months Ended
	Feb. 01, 2025	Feb. 03, 2024	Jan. 28, 2023
Net income (loss) attributable to Foot Locker, Inc.	$ 12	$ (330)	$ 342
Foreign currency translation adjustment:
Translation adjustment arising during the period, net of income tax benefit of $-, $ (1), and $-, respectively	(35)	(25)	(41)
Hedge contracts:
Change in fair value of derivatives, net of income tax benefit of $-, $- and $-, respectively	2	1	(3)
Pension and postretirement adjustments:
Net actuarial gain (loss) and foreign currency fluctuations arising during the year, net of income tax expense (benefit) of $3, $ (5) and $ (4), respectively	11	(13)	(12)
Amortization of net actuarial loss included in net periodic benefit costs, net of income tax expense of $2, $3 and $3, respectively	5	7	7
Recognition of net actuarial loss on settlement included in net benefit costs, net of income tax expense of $-, $19 and $-, respectively	0	56	0
Comprehensive (loss) income	$ (5)	$ (304)	$ 293

Note 12 - Accrued and Other Liabilities - Schedule of Accrued and Other Liabilities (Details) - USD ($)
$ in Millions

Feb. 01, 2025

Feb. 03, 2024

Other payroll and payroll related costs, excluding taxes

$ 65

$ 72

Taxes other than income taxes

Property and equipment (1)

^[1]

Incentive bonuses

Rent related costs

Advertising

Other accrued liabilities

106

111

Other Liabilities, Current

434

428

Loyalty Program [Member]

Contract with customer liability

Customer Deposits [Member]

Contract with customer liability

$ 31

[1]	Accruals for property and equipment are excluded from the Statements of Cash Flows for all years presented.

Note 4 - Impairment and Other

12 Months Ended

Feb. 01, 2025

Notes to Financial Statements

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

4. Impairment and Other

($ in millions)	*2024*		2023			2022
Impairment of long-lived assets and right-of-use assets	$	32	$	30		$	58
Reorganization costs		26		17			22
Other intangible asset impairments		25		9			8
Legal claims		14		—			9
Transformation consulting		—		27			42
Insurance recovery related to social unrest		—		1			—
Change in fair value of contingent consideration		—		(4	)		(31	)
Acquisition and integration costs		—		—			4
Total impairment and other	$	97	$	80		$	112

For 2024, impairment and other included impairment charges of $32 million from a review of underperforming stores and accelerated tenancy charges on right-of-use assets for the shutdown of operations in South Korea, Denmark, Norway, and Sweden, and the New York headquarters relocation. We will close all stores operating in South Korea, Denmark, Norway, and Sweden as we focus on improving the overall results of our international operations. Additionally, we incurred reorganization costs of $26 million primarily related to the announced closure and relocation of our global headquarters and the shutdown of our operations in South Korea, Denmark, Norway, and Sweden. This year also included intangible asset impairment of $25 million on an atmos tradename and a $14 million loss accrual for legal and other matters. We routinely monitor claims and record provisions for losses when claims become probable and the amount is estimable.

For 2023, impairment and other charges included $30 million of impairment of long-lived assets and right-of-use assets and accelerated tenancy charges on right-of-use assets for closures of the Sidestep banner, certain Foot Locker Asia stores, and our U.S. atmos stores. Additionally, we incurred $27 million of transformation consulting expense, $17 million of reorganization costs primarily related to a severance and the closures of the Sidestep banner, certain Foot Locker Asia stores, and a North American distribution center. We also incurred intangible asset impairment of $9 million on an atmos tradename, partially offset by a $4 million reduction in the fair value of the atmos contingent consideration.

For 2022, impairment and other charges included $58 million of impairment of long-lived assets and right-of-use assets and accelerated tenancy charges, $42 million of transformation consulting, $22 million of primarily severance costs related to a reorganization, $9 million of litigation costs related to an employment matter, $8 million of Sidestep tradename asset impairment, and $4 million of acquisition integration costs related to the acquisitions of WSS and atmos, partially offset by a $31 million reduction in the fair value of the atmos contingent consideration.

Note 4 - Impairment and Other - Schedule of Impairment and Other Charges (Details) - USD ($) $ in Millions	12 Months Ended
	Feb. 01, 2025	Feb. 03, 2024	Jan. 28, 2023
Impairment of long-lived assets and right-of-use assets	$ 32	$ 30	$ 58
Reorganization costs	26	17	22
Other intangible asset impairments	25	9	8
Legal claims	14	0	9
Transformation consulting	0	27	42
Insurance recovery related to social unrest	0	1	0
Fair value change in contingent consideration	0	(4)	(31)
Acquisition and integration costs	0	0	4
Total impairment and other	$ 97	$ 80	$ 112

Note 22 - Share-based Compensation - Schedule Of Share-based Compensation Shares Authorized Under Stock Option Plans By Exercise Price Range (Details) - $ / shares shares in Thousands	12 Months Ended
	Feb. 01, 2025	Feb. 03, 2024
Options outstanding (in shares)	2,089	2,738
Options Outstanding Weighted Average Remaining (Year)	2 years 10 months 24 days
Weighted average exercise price (in dollars per share)	$ 50.5	$ 48.23
Balance, options exercisable (in shares)	1,844
Award Options Exercisable Weighted Average Exercise Price (in dollars per share)	$ 52.32
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)	422
Options Outstanding Weighted Average Remaining (Year)	4 years 1 month 6 days
Weighted average exercise price (in dollars per share)	$ 26.67
Balance, options exercisable (in shares)	372
Award Options Exercisable Weighted Average Exercise Price (in dollars per share)	$ 26.37
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)	506
Options Outstanding Weighted Average Remaining (Year)	5 years 9 months 18 days
Weighted average exercise price (in dollars per share)	$ 40.68
Balance, options exercisable (in shares)	311
Award Options Exercisable Weighted Average Exercise Price (in dollars per share)	$ 41.82
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)	309
Options Outstanding Weighted Average Remaining (Year)	2 years 1 month 6 days
Weighted average exercise price (in dollars per share)	$ 56.46
Balance, options exercisable (in shares)	309
Award Options Exercisable Weighted Average Exercise Price (in dollars per share)	$ 56.46
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)	852
Options Outstanding Weighted Average Remaining (Year)	9 months 18 days
Weighted average exercise price (in dollars per share)	$ 65.97
Balance, options exercisable (in shares)	852
Award Options Exercisable Weighted Average Exercise Price (in dollars per share)	$ 65.97

Note 15 - Other Liabilities

12 Months Ended

Feb. 01, 2025

Notes to Financial Statements

Other Liabilities Disclosure [Text Block]

15. Other Liabilities

	*February 1,*		February 3,
($ in millions)	*2025*		2024
Deferred taxes	$	149	$	140
Pension benefits		25		38
Income taxes		24		31
Other		39		32
	$	237	$	241

Note 12 - Accrued and Other Liabilities (Tables)

12 Months Ended

Feb. 01, 2025

Notes Tables

Schedule of Accounts Payable and Accrued Liabilities [Table Text Block]

	*February 1,*		February 3,
($ in millions)	*2025*		2024
Other payroll and payroll related costs, excluding taxes	$	65	$	72
Taxes other than income taxes		52		60
Loyalty program		48		31
Property and equipment ⁽¹⁾		44		48
Incentive bonuses		35		11
Rent related costs		31		33
Customer deposits		31		31
Advertising		22		31
Other		106		111
	$	434	$	428

Consolidated Balance Sheets (Parentheticals) - shares	Feb. 01, 2025	Feb. 03, 2024
Common stock, shares issued (in shares)	95,094,263	94,283,984
Treasury stock, shares (in shares)	148,137	60,308

Note 5 - Other (Expense) Income, Net

12 Months Ended

Feb. 01, 2025

Notes to Financial Statements

Other Income and Other Expense Disclosure [Text Block]

5. Other (Expense) Income, net

($ in millions)	*2024*			2023			2022
Impairment and fair value adjustment in minority investments	$	(35	)	$	(478	)	$	(61	)
Pension and postretirement net benefit (expense) income, excluding service cost		(7	)		(8	)		—
Share of (losses) earnings related to other minority investments		(2	)		(1	)		1
Pension settlement charge		—			(75	)		—
Team Sales divestiture		—			—			19
Gain on sale of property		—			3			—
Foot Locker Singapore and Malaysia divestiture		—			3			—
Other		—			—			(1	)
Total other (expense) income, net	$	(44	)	$	(556	)	$	(42	)

Other (expense) income, net generally includes non-operating items, such as:

changes in value for our investments accounted for using the fair value measurement alternative, which is at cost adjusted for changes in observable prices minus impairment,

our share of earnings or losses related to our equity method investments,

net benefit expense or income related to our pension and postretirement programs, excluding the service cost component,

changes in fair value, premiums paid, and realized gains associated with foreign currency option contracts,

changes in the market value of our available-for-sale security, and premiums paid to repurchase and retire bonds.

For 2024, other income / expense included a $35 million impairment charge related to a minority investment. We estimated the fair value using a discounted cash flow approach. Other income / expense also included our share of losses related to our equity method investments of $2 million.

During the fourth quarter of 2023, we recognized a $478 million non-cash impairment charge related to a minority investment. We estimated the fair value using both a discounted cash flow approach and a market approach.

Also during the fourth quarter of 2023 we recorded a non-cash pretax $75 million charge related to the partial settlement of pension plan obligations. As part of efforts to reduce pension plan obligations, we transferred approximately $109 million of our U.S. Qualified pension plan registered assets and liabilities to an insurance company through the purchase of a group annuity contract, under which an insurance company is required to directly pay and administer pension payments to certain pension plan participants, or their designated beneficiaries. This settlement charge accelerated the recognition of previously unrecognized losses in "Accumulated Other Comprehensive Loss."

Additionally, 2023 included a $3 million gain from the sale of a North American corporate office property, a $3 million gain from the sale of the Singapore and Malaysia Foot Locker businesses to a license partner, and our share of losses related to our equity method investments of $1 million.

Note 16 - Leases - Components of Lease Cost (Details) - USD ($) $ in Millions	12 Months Ended
	Feb. 01, 2025	Feb. 03, 2024	Jan. 28, 2023
Operating lease costs	$ 643	$ 613	$ 657
Variable lease costs	272	304	308
Short-term lease costs	16	48	19
Sublease income	0	(1)	(1)
Total operating lease costs	931	964	983
Amortization of leased assets	6	6	6
Interest on lease liabilities	2	2	3
Total finance lease costs	8	8	9
Total lease cost	$ 939	$ 972	$ 992

Note 16 - Leases (Details Textual) $ in Millions	Feb. 01, 2025 USD ($)
Disposal Group, Including Discontinued Operation, Lease Obligations, Total	$ 5
Operating Leases Not Yet Commenced, Future Undiscounted Lease Payments	41
Disposal Group, Held-for-Sale, Not Discontinued Operations [Member] \| Greece and Romania Businesses [Member]
Disposal Group, Including Discontinued Operation, Operating Lease Right of Use Assets, Current	5
Disposal Group, Including Discontinued Operation, Lease Obligations, Total	$ 5
Minimum [Member]
Lessee, Operating Lease, Term of Contract (Year)	5 years
Maximum [Member]
Lessee, Operating Lease, Term of Contract (Year)	10 years

Note 3 - Segment Information (Tables)

12 Months Ended

Feb. 01, 2025

Notes Tables

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

($ in millions)	*2024*			2023			2022
Sales	$	7,971		$	8,154		$	8,747
Licensing revenue		17			14			12
Total revenue		7,988			8,168			8,759
Less:
Cost of merchandise ⁽¹⁾		4,674			4,866			4,920
Occupancy and buyers' compensation ⁽²⁾		992			1,029			1,035
Store employee wages ⁽³⁾		862			861			849
Marketing expenses ⁽⁴⁾		198			181			184
Technology expenses ⁽⁵⁾		282			254			250
Other division expenses, net ⁽⁶⁾		730			713			677
Division profit	$	250		$	264		$	844
Less: Impairment and other ⁽⁷⁾		97			80			112
Less: Corporate expense ⁽⁸⁾		50			42			151
Income from operations		103			142			581
Interest expense, net		(8	)		(9	)		(15	)
Other (expense) income, net ⁽⁹⁾		(44	)		(556	)		(42	)
Income (loss) from continuing operations before income taxes	$	51		$	(423	)	$	524

Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]

($ in millions)	*2024*		2023		2022
Long-Lived Assets:
United States	$	1,983	$	2,025	$	2,152
International		988		1,093		1,211
Total long-lived assets	$	2,971	$	3,118	$	3,363

Reconciliation Of Assets Capital Expenditures Depreciation And Amortization [Table Text Block]

	*Depreciation and Amortization*						Capital Expenditures ⁽¹⁾						*Total Assets*
($ in millions)	*2024*		2023		2022		*2024*		2023		2022		*2024*		2023		2022
Division	$	167	$	163	$	169	$	164	$	173	$	200	$	6,114	$	6,256	$	7,178
Corporate		35		36		39		76		69		85		634		612		729
Total	$	202	$	199	$	208	$	240	$	242	$	285	$	6,748	$	6,868	$	7,907

Note 18 - Income Taxes (Details Textual) - USD ($) $ in Thousands	Feb. 01, 2025	Feb. 03, 2024	Jan. 28, 2023	Jan. 29, 2022
Undistributed Earnings of Foreign Subsidiaries	$ 400,000
Deferred Tax Assets, Valuation Allowance	112,000	$ 95,000
Deferred Tax Assets, Operating Loss Carryforwards, State and Local	1,000
Unrecognized Tax Benefits	39,000	50,000	$ 52,000	$ 41,000
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	37,000
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued	0	$ 2,000	$ 6,000
Foreign Tax Credit [Member]
Deferred Tax Assets, Operating Loss Carryforwards, Domestic	23,000
Foreign Country 1[Member]
Deferred Tax Assets, Valuation Allowance	75,000
International [Member]
Deferred Tax Assets, Operating Loss Carryforwards, Foreign	160,000
International [Member] \| Minimum Tax Credit Carryforwards [Member]
Deferred Tax Assets, Tax Credit Carryforwards, Foreign	3,000
CANADA
Deferred Tax Assets, Capital Loss Carryforwards	1,000
UNITED STATES
Deferred Tax Assets, Capital Loss Carryforwards	20,000
Deferred Tax Assets, Capital Losses [Member] \| U.S. and Canada [Member]
Deferred Tax Assets, Valuation Allowance	11,000
Legal Entity Losses [Member]
Deferred Tax Assets, Valuation Allowance	3,000
Foreign Tax Jurisdiction [Member]
Deferred Tax Assets, Operating Loss Carryforwards, Foreign	85,000
Foreign Tax Jurisdiction [Member] \| Deferred Interest Deductions [Member]
Deferred Tax Assets, Operating Loss Carryforwards, Foreign	13,000
Foreign Tax Jurisdiction [Member] \| Excess Foreign Tax Rate [Member]
Deferred Tax Assets, Valuation Allowance	$ 23,000

Note 17 - Accumulated Other Comprehensive Loss - Reclassifications from Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2025	Feb. 03, 2024	Jan. 28, 2023
Income tax	$ 0	$ 0	$ 0
Amortization of pension and postretirement benefits	7,000
Income tax	(2,000)
Reclassification of actuarial loss, net of tax	5,000
Currency Swap [Member]
Cross-currency swap	(4,000)
Income tax	0
Reclassification of hedges, net of tax	$ (4,000)

Note 5 - Other (Expense) Income, Net - Schedule of Other Income (Expense) (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Feb. 03, 2024	Feb. 01, 2025	Feb. 03, 2024	Jan. 28, 2023
Pension and postretirement net benefit (expense) income, excluding service cost		$ (7)	$ (8)	$ 0
Share of (losses) earnings related to other minority investments		(2)	(1)	1
Team Sales divestiture		0	0	19
Gain on sale of property		(0)	3	(0)
Foot Locker Singapore and Malaysia divestiture		0	3	0
Other		0	0	(1)
Total other (expense) income, net		(44)	(556)	(42)
Pension Plan [Member]
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement	$ (75)	0	(75)	0
Minority Investment [Member]
Impairment and fair value adjustment in minority investments	$ (478)	(35)	$ (478)	$ (61)
Share of (losses) earnings related to other minority investments		$ (2)

Note 18 - Income Taxes

12 Months Ended

Feb. 01, 2025

Notes to Financial Statements

Income Tax Disclosure [Text Block]

18. Income Taxes

The domestic and international components of pre-tax income (loss) are as follows:

($ in millions)	*2024*			2023			2022
Domestic	$	100		$	(381	)	$	440
International		(49	)		(42	)		84
Total pre-tax income (loss)	$	51		$	(423	)	$	524

Domestic pre-tax income (loss) includes the results of non-U.S. businesses that are operated in branches owned directly by the U.S. which, therefore, are subject to U.S. income tax.

The income tax provision consists of the following:

($ in millions)	*2024*			2023			2022
Current:
Federal	$	21		$	8		$	64
State and local		13			2			27
International		27			33			68
Total current tax provision		61			43			159
Deferred:
Federal		12			(88	)		23
State and local		(1	)		(24	)		4
International		(39	)		(24	)		(6	)
Total deferred tax provision		(28	)		(136	)		21
Total income tax provision	$	33		$	(93	)	$	180

Following the enactment of Public Law 115-97 ("Tax Act") and the one-time transition tax, our historical foreign earnings are not subject to additional U.S. federal tax upon repatriation. Further, no additional U.S. federal tax will be due upon repatriation of current foreign earnings because they are either exempt or subject to U.S. tax as earned.

At February 1, 2025, we had accumulated undistributed foreign earnings of $400 million. This amount consists of historical earnings that were previously taxed under the Tax Act and post-Tax Act earnings. Investments in our foreign subsidiaries, including working capital, will continue to be permanently reinvested. Cash balances in excess of working capital needs are considered to be available for repatriation to the United States and foreign withholding taxes will be accrued as necessary on these amounts.

We have not recorded a deferred tax liability for the difference between the financial statement carrying amount and the tax basis of our investments in foreign subsidiaries. The determination of any unrecorded deferred tax liability on this amount is not practicable due to the uncertainty of how these investments would be recovered.

A reconciliation of the significant differences between the federal statutory income tax rate and the effective income tax rate on pre-tax income (loss) is as follows:

	*2024*			2023			2022
Federal statutory income tax rate		21.0	%		21.0	%		21.0	%
Increase in valuation allowance		36.0			(0.6	)		2.6
State and local income taxes, net of federal tax benefit		15.2			5.4			5.0
International income taxed at varying rates		(11.6	)		(4.4	)		8.4
Foreign tax credits		0.6			1.4			(3.6	)
Domestic/foreign tax settlements		—			1.0			(0.5	)
Federal tax credits		(4.4	)		0.5			(0.4	)
Foreign deferred adjustment		—			(2.0	)		—
Compensation based adjustments		7.6			(0.3	)		1.2
Other, net		0.2			—			0.6
Effective income tax rate		64.6	%		22.0	%		34.3	%

Deferred income taxes are provided for the effects of temporary differences between the amounts of assets and liabilities recognized for financial reporting purposes and the amounts recognized for income tax purposes. Items that give rise to significant portions of our deferred tax assets are as follows:

	*February 1,*			February 3,
($ in millions)	*2025*			2024
Deferred tax assets:
Tax loss/credit carryforwards and capital loss	$	208		$	166
Employee benefits		26			32
Operating leases - liabilities		627			668
Other		66			62
Total deferred tax assets	$	927		$	928
Valuation allowance		(112	)		(95	)
Total deferred tax assets, net	$	815		$	833

Items that give rise to significant portions of our deferred tax liabilities are as follows:

	*February 1,*			February 3,
($ in millions)	*2025*			2024
Deferred tax liabilities:
Merchandise inventories	$	101		$	97
Operating leases - assets		578			611
Goodwill and other intangible assets		111			118
Property and equipment		20			24
Other		11			9
Total deferred tax liabilities	$	821		$	859
Net deferred tax liability	$	(6	)	$	(26	)
Balance Sheet caption reported in:
Deferred taxes	$	143		$	114
Other liabilities		(149	)		(140	)
	$	(6	)	$	(26	)

Based upon the level of historical taxable income and projections for future taxable income, which are based upon our long-range strategic plans, management believes it is more likely than not that we will realize the benefits of deductible differences, net of the valuation allowances, over the periods in which the temporary differences are anticipated to reverse. At February 1, 2025, our net deferred tax assets include $85 million of net operating loss ("NOL") carryforwards and $13 million of deferred interest deductions in the Netherlands that can be used to offset taxable income in future periods. After weighing the positive and negative evidence and considering both recent losses and forecasted taxable income, we consider it more likely than not that we will have sufficient source of taxable income in the future that will allow us to realize these deferred tax assets. However, the amount of the deferred tax asset considered realizable could be adjusted in the future if estimates of taxable income are revised.

As of February 1, 2025, we have a valuation allowance of $112 million to reduce our deferred tax assets to an amount that is more likely than not to be realized. A valuation allowance of $75 million was recorded against tax loss carryforwards of certain foreign entities. Based on the history of losses and the absence of prudent and feasible business plans for generating future taxable income in these entities, we believe it is more likely than not that the benefit of these loss carryforwards will not be realized. As of February 1, 2025, a valuation allowance of $23 million was established for foreign taxes assessed at rates in excess of the U.S. federal tax rate for which no U.S. foreign tax credit is available. Additionally, since we do not have any reasonably foreseeable sources of capital gains in the U.S. or Canada, a valuation allowance of $11 million was established to offset deferred tax assets on capital losses. We also have a valuation allowance of $3 million related to losses from a legal entity restructuring.

At February 1, 2025, we have international minimum tax credit carryforwards with a potential tax benefit of $3 million and operating loss carryforwards with a potential tax benefit of $160 million, a portion of which will expire between 2025 and 2039 and a portion of which will never expire. The international operating loss carryforwards include unrecognized tax benefits. The Canadian capital loss of $1 million will carry forward indefinitely and the U.S. capital losses of $20 million can be carried back 3 years and forward for 5 years after realization. We also have U.S. state operating loss carryforwards with a potential benefit of $1 million that will expire between 2028 and 2043, and we have foreign tax credit carryforwards with a potential tax benefit of $23 million that will expire between 2029 and 2033.

We operate in multiple taxing jurisdictions and are subject to audit. Audits can involve complex issues that may require an extended period of time to resolve. A taxing authority may challenge positions that we have adopted in our income tax filings. Accordingly, we may apply different tax treatments for transactions in filing the income tax returns than for income tax financial reporting. We regularly assess our tax positions for such transactions and record reserves for those differences. We participate in the IRS's Compliance Assurance Process and the examination of our 2023 U.S. Federal income tax filing was concluded in February 2025. To date, no adjustments have been proposed in any audits that will have a material effect on our financial position or results of operations.

At February 1, 2025, we had $39 million of gross unrecognized tax benefits, of which $37 million would, if recognized, affect our annual effective tax rate. We classified certain income tax liabilities as current or noncurrent based on management's estimate of when these liabilities will be settled. Interest expense and penalties related to unrecognized tax benefits are classified as income tax expense. Interest recorded in 2024 was not significant. We recorded interest income of $2 million in 2023 and recorded interest expense of $6 million in 2022.

The following table summarizes the activity related to unrecognized tax benefits:

($ in millions)	*2024*			2023			2022
Unrecognized tax benefits at beginning of year	$	50		$	52		$	41
Foreign currency translation adjustments		(1	)		—			(1	)
Increases related to current year tax positions		1			5			9
Increases related to prior period tax positions		2			2			7
Decreases related to prior period tax positions		(8	)		—			—
Settlements		—			(5	)		—
Lapse of statute of limitations		(5	)		(4	)		(4	)
Unrecognized tax benefits at end of year	$	39		$	50		$	52

It is reasonably possible that the liability associated with our unrecognized tax benefits will increase or decrease within the next twelve months. These changes may be the result of foreign currency fluctuations, ongoing audits, or the expiration of statutes of limitations. Settlements during 2025 are not expected to be significant based on current estimates. Audit outcomes and the timing of audit settlements are subject to significant uncertainty. Although management believes that adequate provision has been made for such issues, the ultimate resolution could have an adverse effect on our earnings. Conversely, if these issues are resolved favorably in the future, the related provision would be reduced, generating a positive effect on earnings.

- Definition

The entire disclosure for income tax.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 231
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-231

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12C
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12C

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
-Section 50
-Paragraph 12B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12B

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
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-Paragraph 1
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-URI https://asc.fasb.org/1943274/2147482603/740-30-50-2

+ Details

Note 1 - Summary of Significant Accounting Policies - Schedule of Basic and Diluted EPS (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	12 Months Ended
	Feb. 01, 2025	Feb. 03, 2024	Jan. 28, 2023
Net income (loss) from continuing operations	$ 18	$ (330)	$ 344
Net loss attributable to noncontrolling interests	0	0	1
Income (loss) from continuing operations attributable to Foot Locker, Inc.	18	(330)	345
Net loss from discontinued operations, net of tax	(6)	0	(3)
Net income (loss) attributable to Foot Locker, Inc.	$ 12	$ (330)	$ 342
Weighted-average common shares outstanding (in shares)	95.0	94.2	94.3
Dilutive effect of potential common shares (in shares)	0.5	0.0	1.2
Weighted-average common shares outstanding assuming dilution (in shares)	95.5	94.2	95.5
Basic earnings (loss) per share
Earnings (loss) per share from continuing operations attributable to Foot Locker, Inc. (in dollars per share)	$ 0.19	$ (3.51)	$ 3.66
Loss per share from discontinued operations, net of tax (in dollars per share)	(0.06)	0	(0.04)
Net earnings (loss) per share attributable to Foot Locker, Inc. (in dollars per share)	0.13	(3.51)	3.62
Diluted earnings (loss) per share
Earnings per share from continuing operations (in dollars per share)	0.19	(3.51)	3.62
Loss per share from discontinued operations, net of tax (in dollars per share)	(0.06)	0	(0.04)
Net earnings (loss) per share attributable to Foot Locker, Inc. (in dollars per share)	$ 0.13	$ (3.51)	$ 3.58
Anti-dilutive share-based awards excluded from diluted calculation (in shares)	2.1	4.5	2.7

Note 10 - Other Intangible Assets, Net - Amortization of Intangible Assets (Details) - USD ($) $ in Millions	12 Months Ended
	Feb. 01, 2025	Feb. 03, 2024	Jan. 28, 2023
Amortization expense	$ 5	$ 7	$ 8

Note 5 - Other (Expense) Income, Net (Details Textual) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Feb. 03, 2024	Feb. 01, 2025	Feb. 03, 2024	Jan. 28, 2023
Income (Loss) from Equity Method Investments		$ (2)	$ (1)	$ 1
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property		(0)	3	(0)
Deconsolidation, Gain (Loss), Amount		0	3	0
Pension Plan [Member]
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement	$ (75)	0	(75)	0
Defined Benefit Plan, Plan Assets, Payment for Settlement	109		109
Minority Investment [Member]
Gain (Loss) on Investments	$ (478)	(35)	(478)	$ (61)
Income (Loss) from Equity Method Investments		$ (2)
Retailors Ltd [Member]
Income (Loss) from Equity Method Investments			$ 1

- Definition

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

+ References + Details

Note 15 - Other Liabilities (Tables)

12 Months Ended

Feb. 01, 2025

Notes Tables

Other Noncurrent Liabilities [Table Text Block]

	*February 1,*		February 3,
($ in millions)	*2025*		2024
Deferred taxes	$	149	$	140
Pension benefits		25		38
Income taxes		24		31
Other		39		32
	$	237	$	241

Note 14 - Long-term Debt and Obligations Under Finance Leases (Details Textual) - USD ($) $ in Millions	12 Months Ended
	Feb. 01, 2025	Feb. 03, 2024	Jan. 28, 2023
Interest Expense, Debt	$ 17	$ 17	$ 17

Note 9 - Property and Equipment, Net (Tables)

12 Months Ended

Feb. 01, 2025

Notes Tables

Property, Plant and Equipment [Table Text Block]

	*February 1,*			February 3,
($ in millions)	*2025*			2024
Owned properties:
Land	$	3		$	3
Buildings		50			51
Furniture, fixtures, equipment and software development costs		1,223			1,403
		1,276			1,457
Less: accumulated depreciation		(819	)		(988	)
		457			469
Finance leases:
Assets under finance leases		68			65
Less: accumulated amortization		(23	)		(18	)
		45			47
Alterations to leased and owned buildings:
Cost		956			996
Less: accumulated amortization		(548	)		(582	)
		408			414

	$	910		$	930

Note 11 - Other Assets (Tables)

12 Months Ended

Feb. 01, 2025

Notes Tables

Schedule of Other Assets, Noncurrent [Table Text Block]

	*February 1,*		February 3,
($ in millions)	*2025*		2024
Restricted cash	$	25	$	33
Security deposits		22		25
Cross-currency swap contract		13		7
Auction rate security		6		6
Pension asset		4		4
Other		66		17
	$	136	$	92

Note 13 - Revolving Credit Facility

12 Months Ended

Feb. 01, 2025

Notes to Financial Statements

Line Of Credit Facilities [Text Block]

13. 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 the greater of 1% per annum or other rate calculations which take into consideration 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 February 1, 2025 and February 3, 2024. The letters of credit outstanding as of February 1, 2025 were $7 million.

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 of fees paid in connection with the credit facility at February 1, 2025 was $4 million. Interest expense, including facility fees, related to the revolving credit facility was $3 million for each of 2024, 2023, and 2022.

Note 3 - Segment Information (Details Textual)	12 Months Ended
Note 3 - Segment Information (Details Textual)	Feb. 01, 2025
Number of Reportable Segments	1
Number of Operating Segments	3

Note 16 - Leases

12 Months Ended

Feb. 01, 2025

Notes to Financial Statements

Lessee Leases [Text Block]

16. Leases

The majority of our leases are operating leases for our company-operated retail store locations. We also lease, among other things, distribution and warehouse facilities, and office space for corporate administrative purposes. Operating lease periods typically range from 5 to 10 years and generally contain rent escalation provisions. Some of the store leases contain renewal options with varying terms and conditions.

Amounts recognized in the Consolidated Balance Sheet were as follows:

	*February 1,*		February 3,
($ in millions)	*2025*		2024
Operating leases:
Operating lease right-of-use assets ⁽¹⁾	$	2,061	$	2,188

Operating lease liabilities classified as current	$	507	$	492
Operating lease liabilities classified as long-term		1,831		2,004
Total operating lease liabilities ⁽²⁾	$	2,338	$	2,496

⁽¹⁾	Excludes $5 million of right-of-use assets held for sale as of February 1, 2025, see Note 7, Assets and Liabilities Held-for-Sale.

⁽²⁾	Excludes $5 million of operating lease liabilities held for sale as of February 1, 2025, see Note 7, Assets and Liabilities Held-for-Sale.

	*February 1,*		February 3,
($ in millions)	*2025*		2024
Finance leases:
Property and equipment, net	$	45	$	47

Finance lease obligations classified as current	$	5	$	5
Finance lease obligations classified as long-term		45		47
Total finance lease obligations	$	50	$	52

Other information related to our leases as of February 1, 2025 and February 3, 2024 consisted of the following:

	*February 1,*			February 3,
	*2025*			2024
Weighted-average remaining lease term (years):
Operating leases		6.2			6.5
Finance leases		13.8			14.5
Weighted-average discount rate:
Operating leases		5.6	%		5.5	%
Finance leases		4.4	%		4.3	%

Total lease costs include fixed operating lease costs, variable lease costs, and short-term lease costs. Most of our real estate leases require us to pay certain expenses, such as CAM costs, real estate taxes, and other executory costs, of which the fixed portion is included in operating lease costs. Variable lease costs include non-lease components which are not fixed and are not included in determining the present value of our lease liability. Variable lease costs also include amounts based on a percentage of gross sales in excess of specified levels that are recognized when probable.

Lease costs which relate to retail stores and distribution centers are classified within cost of sales, while non-store lease costs are included in SG&A. Amortization of leased equipment assets is classified in depreciation and amortization. The components of lease cost for 2024, 2023, and 2022 were as follows:

($ in millions)	*2024*		2023			2022
Operating lease costs	$	643	$	613		$	657
Variable lease costs		272		304			308
Short-term lease costs		16		48			19
Sublease income		—		(1	)		(1	)
Total operating lease costs		931		964			983
Finance lease costs:
Amortization of leased assets		6		6			6
Interest on lease liabilities		2		2			3
Total finance lease costs		8		8			9
Total lease cost	$	939	$	972		$	992

Maturities of lease liabilities as of February 1, 2025 are as follows:

($ in millions)	*Operating leases*		*Finance leases*		*Total*
2025	$	624	$	7	$	631
2026		501		6		507
2027		396		5		401
2028		320		4		324
2029		269		4		273
Thereafter		676		40		716
Total lease payments		2,786		66		2,852
Less: Interest		443		16		459
Less: Lease liabilities held for sale		5		—		5
Total lease liabilities	$	2,338	$	50	$	2,388

As of February 1, 2025, we have signed operating leases for retail stores that have not yet commenced and the total future undiscounted lease payments under these leases are $41 million.

Note 16 - Leases - Lease Maturities (Details) - USD ($)
$ in Millions

Feb. 01, 2025

Feb. 03, 2024

2025, operating lease

$ 624

2025, finance lease

2025, total

631

2026, operating lease

501

2026, finance lease

2026, total

507

2027, operating lease

396

2027, finance lease

2027, total

401

2028, operating lease

320

2028, finance lease

2028, total

324

2029, operating lease

269

2029, finance lease

2029, total

273

Thereafter, operating lease

676

Thereafter, finance lease

Thereafter, total

716

Total lease payments

2,786

Total lease payments, finance lease

Total lease payments

2,852

Less: Interest, operating lease

443

Less: Interest, finance lease

Less: Interest, total

459

Less: Lease liabilities held for sale

Total lease liabilities, operating lease

^[1]

2,338

$ 2,496

Total lease liabilities, finance lease

$ 52

Total lease liabilities

$ 2,388

[1]	Excludes $5 million of operating lease liabilities held for sale as of February 1, 2025, see Note 7, Assets and Liabilities Held-for-Sale.

Note 20 - Fair Value Measurements (Tables)

12 Months Ended

Feb. 01, 2025

Notes Tables

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

($ in millions)	*February 1, 2025*						February 3, 2024
	*Level 1*		*Level 2*		*Level 3*		Level 1		Level 2		Level 3
Assets:
Available-for-sale security	$	—	$	6	$	—	$	—	$	6	$	—
Foreign exchange forward contracts		—		1		—		—		1		—
Cross-currency swap contract		—		13		—		—		7		—
Total assets	$	—	$	20	$	—	$	—	$	14	$	—

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

	*February 1,*		February 3,
($ in millions)	*2025*		2024
Carrying value ⁽¹⁾	$	396	$	395
Fair value	$	344	$	337

Note 7 - Assets and Liabilities Held-for-sale - Summary of Assets and Liabilities Held-for-sale (Details) - USD ($) $ in Millions	Feb. 01, 2025	Feb. 03, 2024
Total assets held-for-sale	$ 10	$ 0
Total liabilities held-for-sale	6	$ 0
Disposal Group, Held-for-Sale, Not Discontinued Operations [Member] \| Greece and Romania Businesses [Member]
Merchandise inventories	2
Property and equipment, net	2
Disposal Group, Including Discontinued Operation, Operating Lease Right of Use Assets, Current	5
Total assets held-for-sale	10
Accrued and other liabilities	1
Current portion of lease obligations	1
Long-term lease obligations	4
Total liabilities held-for-sale	6
Discontinued Operations, Held-for-Sale [Member]
Other assets	$ 1

Note 22 - Share-based Compensation (Details Textual) - USD ($)		12 Months Ended
	May 21, 2014	Feb. 01, 2025	Feb. 03, 2024	Jan. 28, 2023	May 17, 2023
Proceeds from Stock Options Exercised		$ 5,000,000	$ 5,000,000	$ 6,000,000
Chief Executive Officer [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Available for Grant (in shares)		584,127
Share-Based Payment Arrangement, Option [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Vested in Period, Fair Value		$ 2,000,000	5,000,000	4,000,000
Proceeds from Stock Options Exercised		5,000,000	5,000,000	6,000,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercises in Period, Intrinsic Value		0	0	0
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount		$ 1,000,000
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)		1 year
Share-Based Payment Arrangement, Exercise of Option, Tax Benefit		$ 0	0	0
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
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		$ 25,000,000	$ 23,000,000	$ 6,000,000
Share-Based Payment Arrangement, Nonvested Award, Option, Cost Not yet Recognized, Amount		26,000,000
Performance Stock Units (PSU) [Member]
Dividends		$ 0
Two Thousand And Seven Stock Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Authorized (in shares)					14,000,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Available for Grant (in shares)		10,347,840
Two Thousand And Seven Stock Plan [Member] \| Share-Based Payment Arrangement, Option [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Expiration Period (Year)	10 years
Two Thousand And Twenty Three Employee Stock Purchase Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Authorized (in shares)		3,000,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Available for Grant (in shares)		2,668,478
Share-Based Compensation Arrangement by Share-Based Payment Award, Maximum Employee Subscription Rate		10.00%
Share Based Compensation Arrangement By Share Based Payment Award Maximum Employee Value Per Year		$ 25,000
Share Based Compensation Arrangements By Share Based Payment Award Percentage Of Market Price At Eligible Employees Granted Options To Purchase Shares		85.00%

Note 1 - Summary of Significant Accounting Policies - Estimated Useful Life of Assets (Details)	Feb. 01, 2025
Building [Member] \| Maximum [Member]
Property, Plant and Equipment, Useful Life (Year)	50 years
Furniture Fixtures And Equipment [Member] \| Maximum [Member]
Property, Plant and Equipment, Useful Life (Year)	10 years
Furniture Fixtures And Equipment [Member] \| Minimum [Member]
Property, Plant and Equipment, Useful Life (Year)	3 years
Computer Software, Intangible Asset [Member] \| Maximum [Member]
Property, Plant and Equipment, Useful Life (Year)	5 years
Computer Software, Intangible Asset [Member] \| Minimum [Member]
Property, Plant and Equipment, Useful Life (Year)	2 years

Note 13 - Revolving Credit Facility (Details Textual) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Aug. 03, 2024	Feb. 01, 2025	Feb. 03, 2024	Jan. 28, 2023
Payments of Financing Costs		$ 4,000	$ (0)	$ (0)
Interest Expense, Debt		17,000	17,000	17,000
Revolving Credit Facility Without Uncommitted Accordion [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 600,000
Revolving Credit Facility with Uncommitted Accordion [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 750,000
Revolving Credit Facility [Member]
Long-Term Line of Credit		0	0
Letters of Credit Outstanding, Amount		7,000
Payments of Financing Costs		4,000
Debt Issuance Costs, Line of Credit Arrangements, Net		4,000
Interest Expense, Debt		$ 3,000	$ 3,000	$ 3,000
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 8 - Other Current Assets (Tables)

12 Months Ended

Feb. 01, 2025

Notes Tables

Schedule of Other Current Assets [Table Text Block]

	*February 1,*		February 3,
($ in millions)	*2025*		2024
Net receivables	$	156	$	160
Other prepaid expenses		80		89
Prepaid income taxes		47		82
Prepaid rent		21		73
Restricted cash		4		4
Other		15		11
	$	323	$	419

Note 18 - Income Taxes (Tables)

12 Months Ended

Feb. 01, 2025

Notes Tables

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

($ in millions)	*2024*			2023			2022
Domestic	$	100		$	(381	)	$	440
International		(49	)		(42	)		84
Total pre-tax income (loss)	$	51		$	(423	)	$	524

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

($ in millions)	*2024*			2023			2022
Current:
Federal	$	21		$	8		$	64
State and local		13			2			27
International		27			33			68
Total current tax provision		61			43			159
Deferred:
Federal		12			(88	)		23
State and local		(1	)		(24	)		4
International		(39	)		(24	)		(6	)
Total deferred tax provision		(28	)		(136	)		21
Total income tax provision	$	33		$	(93	)	$	180

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	*2024*			2023			2022
Federal statutory income tax rate		21.0	%		21.0	%		21.0	%
Increase in valuation allowance		36.0			(0.6	)		2.6
State and local income taxes, net of federal tax benefit		15.2			5.4			5.0
International income taxed at varying rates		(11.6	)		(4.4	)		8.4
Foreign tax credits		0.6			1.4			(3.6	)
Domestic/foreign tax settlements		—			1.0			(0.5	)
Federal tax credits		(4.4	)		0.5			(0.4	)
Foreign deferred adjustment		—			(2.0	)		—
Compensation based adjustments		7.6			(0.3	)		1.2
Other, net		0.2			—			0.6
Effective income tax rate		64.6	%		22.0	%		34.3	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	*February 1,*			February 3,
($ in millions)	*2025*			2024
Deferred tax assets:
Tax loss/credit carryforwards and capital loss	$	208		$	166
Employee benefits		26			32
Operating leases - liabilities		627			668
Other		66			62
Total deferred tax assets	$	927		$	928
Valuation allowance		(112	)		(95	)
Total deferred tax assets, net	$	815		$	833

	*February 1,*			February 3,
($ in millions)	*2025*			2024
Deferred tax liabilities:
Merchandise inventories	$	101		$	97
Operating leases - assets		578			611
Goodwill and other intangible assets		111			118
Property and equipment		20			24
Other		11			9
Total deferred tax liabilities	$	821		$	859
Net deferred tax liability	$	(6	)	$	(26	)
Balance Sheet caption reported in:
Deferred taxes	$	143		$	114
Other liabilities		(149	)		(140	)
	$	(6	)	$	(26	)

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

($ in millions)	*2024*			2023			2022
Unrecognized tax benefits at beginning of year	$	50		$	52		$	41
Foreign currency translation adjustments		(1	)		—			(1	)
Increases related to current year tax positions		1			5			9
Increases related to prior period tax positions		2			2			7
Decreases related to prior period tax positions		(8	)		—			—
Settlements		—			(5	)		—
Lapse of statute of limitations		(5	)		(4	)		(4	)
Unrecognized tax benefits at end of year	$	39		$	50		$	52

Note 3 - Segment Information - Long Lived Assets by International Category (Details) - USD ($)
$ in Millions

12 Months Ended

Feb. 01, 2025

Feb. 03, 2024

Jan. 28, 2023

Depreciation and amortization

$ 202

$ 199

$ 208

Capital Expenditures

^[1]

240

242

285

Total Assets

6,748

6,868

7,907

Operating Segments [Member]

Depreciation and amortization

167

163

169

Capital Expenditures

^[1]

164

173

200

Total Assets

6,114

6,256

7,178

Segment Reporting, Reconciling Item, Corporate Nonsegment [Member]

Depreciation and amortization

Capital Expenditures

^[1]

Total Assets

$ 634

$ 612

$ 729

[1]	Represents cash capital expenditures for all years presented.

- Definition

Amount of asset recognized for present right to economic benefit.

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+ Details

Note 3 - Segment Information

12 Months Ended

Feb. 01, 2025

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

3. Segment Information

Foot Locker, Inc. operates one reportable segment. 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 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 a store or a combination of our distribution centers and stores depending on the availability of particular items.

Our operating segments are identified according to how our business activities are managed and evaluated by our chief operating decision maker, our CEO. We have three operating segments, North America, EMEA (Europe, Middle East, and Africa), and Asia Pacific. Our North America operating segment includes the results of the following banners in the U.S. and Canada: Foot Locker, Kids Foot Locker, Champs Sports, and WSS, including each of their related e-commerce businesses. Our EMEA operating segment includes the results of the Foot Locker and Kids Foot Locker banners, including each of their related e-commerce businesses. Our Asia Pacific operating segment includes the results of Foot Locker in Australia, New Zealand, and Asia and atmos, as well as their related e-commerce businesses. Additionally, the EMEA and Asia Pacific operating segments include licensing revenue. We further aggregated these operating segments into one reportable segment based upon their shared customer base and similar economic characteristics.

The CEO evaluates performance and allocates resources based on the operating segments' division profit, a key profitability measure. Division profit reflects income before income taxes, impairment and other, unallocated corporate expense, interest expense, net and other (expense) income, net. The significant expenses below may not align with similar GAAP measures as they may be calculated using internal presentation methods (such as expense classification) and certain expenses exclude the results of the 53rd week in 2023, consistent with the CEO's review of comparable period performance. As such, these disclosures may not equal other references to the comparable figures within this filing and may not be comparable to how other retailers classify expenses.

The following table summarizes our results:

($ in millions)	*2024*			2023			2022
Sales	$	7,971		$	8,154		$	8,747
Licensing revenue		17			14			12
Total revenue		7,988			8,168			8,759
Less:
Cost of merchandise ⁽¹⁾		4,674			4,866			4,920
Occupancy and buyers' compensation ⁽²⁾		992			1,029			1,035
Store employee wages ⁽³⁾		862			861			849
Marketing expenses ⁽⁴⁾		198			181			184
Technology expenses ⁽⁵⁾		282			254			250
Other division expenses, net ⁽⁶⁾		730			713			677
Division profit	$	250		$	264		$	844
Less: Impairment and other ⁽⁷⁾		97			80			112
Less: Corporate expense ⁽⁸⁾		50			42			151
Income from operations		103			142			581
Interest expense, net		(8	)		(9	)		(15	)
Other (expense) income, net ⁽⁹⁾		(44	)		(556	)		(42	)
Income (loss) from continuing operations before income taxes	$	51		$	(423	)	$	524

⁽¹⁾	Cost of merchandise consists of inventory costs, freight, distribution costs including related depreciation expense, shipping and handling costs and is recorded net of amounts received from suppliers for damaged product returns, markdown allowances, and volume rebates.

⁽²⁾	Occupancy and buyers' compensation consists of rent (including fixed common area maintenance charges and other fixed non-lease components), real estate taxes, general maintenance, and utilities, as well as buyers' compensation.

⁽³⁾	Store employee wages consist of employee salary, overtime, vacation, short-term disability, benefits, bonus/awards and employer payroll taxes. Amount for 2023 does not include expenses incurred during the 53rd week.

⁽⁴⁾

Marketing expenses consist of certain advertising expenses, which includes digital and search engine marketing, related professional fees, and other costs to promote our brands, net of reimbursements for cooperative advertising. Amount for 2023 does not include expenses incurred during the 53rd week.

⁽⁵⁾

Technology expenses primarily represent software as a service, engineering and operations, infrastructure, professional fees, and other costs to operate our store, e-commerce, supply chain, and corporate functions. Technology expenses exclude costs incurred by the WSS and atmos banners. Amount for 2023 does not include expenses incurred during the 53rd week.

⁽⁶⁾

Other division expenses, net represents all other division expenses that are not significant expenses or regularly presented to our CEO. These expenses include depreciation and amortization and other selling, general and administrative expenses, which primarily consist of corporate personnel, certain advertising costs, sales transaction fees, and other store and e-commerce expenses. The 2023 amount includes expenses related to the 53rd week that are not included in the above captions.

⁽⁷⁾	See Note 4, Impairment and Other for additional information on these amounts.

⁽⁸⁾

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. The allocation of corporate expense to the operating divisions is adjusted annually based upon an internal study.

⁽⁹⁾	See Note 5, Other (Expense) Income, net for additional information on these amounts.

Long-lived asset information as of and for the fiscal years ended February 1, 2025, February 3, 2024, and January 28, 2023 is presented in the following table. Long-lived assets reflect property and equipment and lease right-of-use assets.

($ in millions)	*2024*		2023		2022
Long-Lived Assets:
United States	$	1,983	$	2,025	$	2,152
International		988		1,093		1,211
Total long-lived assets	$	2,971	$	3,118	$	3,363

For the year ended February 1, 2025, the countries that comprised the majority of long-lived assets for the international category were France, Netherlands, Italy, and Canada. No other individual country included in the international category was significant as of February 1, 2025.

	*Depreciation and Amortization*						Capital Expenditures ⁽¹⁾						*Total Assets*
($ in millions)	*2024*		2023		2022		*2024*		2023		2022		*2024*		2023		2022
Division	$	167	$	163	$	169	$	164	$	173	$	200	$	6,114	$	6,256	$	7,178
Corporate		35		36		39		76		69		85		634		612		729
Total	$	202	$	199	$	208	$	240	$	242	$	285	$	6,748	$	6,868	$	7,907

⁽¹⁾	Represents cash capital expenditures for all years presented.

- 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

Note 14 - Long-term Debt and Obligations Under Finance Leases - Components of Long Term Debt (Details) - USD ($) $ in Millions	Feb. 01, 2025	Feb. 03, 2024
4% Senior Notes due 2029	$ 396	$ 395
Total lease liabilities, finance lease	50	52
Debt and Lease Obligation	446	447
Long-Term Debt and Lease Obligation, Current	5	5
Long-Term Debt and Lease Obligation	$ 441	$ 442

- Definition

Amount, after deduction of unamortized premium (discount) and debt issuance cost, of long-term debt. Excludes lease obligation.

+ References + Details

Note 1 - Summary of Significant Accounting Policies (Details Textual)
shares in Thousands, $ in Millions

12 Months Ended

Feb. 01, 2025

USD ($)

Feb. 03, 2024

USD ($)

Jan. 28, 2023

USD ($)

Jan. 29, 2022

USD ($)

Contingently Issuable Shares Excluded From Diluted Earnings Per Share (in shares) | shares

1,100

800

400

Cash Equivalents, at Carrying Value

$ 41

$ 40

$ 41

Capitalized Computer Software, Net

$ 60

Number of Reporting Units

Goodwill

$ 759

768

Goodwill, Impaired, Accumulated Impairment Loss

167

Impairment of Intangible Assets, Indefinite-Lived (Excluding Goodwill)

Indefinite-Lived Intangible Assets (Excluding Goodwill)

^[1],[2]

364

393

Self Insurance Reserve

$ 14

$ 13

Treasury Stock, Common [Member]

Treasury Stock, Shares, Retired (in shares) | shares

Atmos [Member]

Business Combination, Contingent Consideration, Liability, Noncurrent

$ 35

WSS Tradename [Member]

Indefinite-Lived Intangible Assets (Excluding Goodwill)

$ 296

Indefinite Lived Intangible Assets Percentage Of Fair Value In Excess Of Carrying Amount

7.80%

EMEA (Europe, Middle East, and Africa), and Asia Pacific [Member]

Goodwill

$ 238

Reporting Unit, Percentage of Fair Value in Excess of Carrying Amount

6.00%

Restricted Stock Units (RSUs), Employees [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Year)

3 years

Restricted Stock Units (RSUs), Nonemployee Directors [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Year)

1 year

[1]	Includes a non-cash impairment charge of $25 million and $9 million recorded in 2024 and 2023, related to atmos, respectively, see Note 4, Impairment and Other.
[2]	The change in the ending balances reflect the derecognition of fully amortized leases during 2024 and the effect of foreign currency fluctuations due primarily to the movements of the Euro and Yen in relation to the U.S. dollar.

Note 10 - Other Intangible Assets, Net (Details Textual) - USD ($) $ in Millions	12 Months Ended
	Feb. 01, 2025	Feb. 03, 2024	Jan. 28, 2023
Impairment of Intangible Assets, Indefinite-Lived (Excluding Goodwill)	$ 25	$ 9	$ 8

Consolidated Balance Sheets - USD ($)
$ in Millions

Feb. 01, 2025

Feb. 03, 2024

Current assets:

Cash and cash equivalents

^[1]

$ 401

$ 297

Merchandise inventories

1,525

1,509

Assets held for sale

Other current assets

323

419

Assets, Current

2,259

2,225

Property, Plant and Equipment, Net

910

930

Operating lease right-of-use assets

^[2]

2,061

2,188

Deferred taxes

143

114

Goodwill

759

768

Other intangible assets, net

^[3]

365

399

Minority investments

115

152

Other assets

136

Assets

6,748

6,868

Liabilities, Current [Abstract]

Accounts payable

378

366

Accrued and other liabilities

434

428

Long-Term Debt and Lease Obligation, Current

Current portion of lease obligations

507

492

Liabilities held for sale

Liabilities, Current

1,330

1,291

Long-Term Debt and Lease Obligation

441

442

Long-term lease obligations

1,831

2,004

Other liabilities

237

241

Total liabilities

3,839

3,978

Shareholders’ equity:

Common stock and paid-in capital: 95,094,263 and 94,283,984 shares issued, respectively

802

776

Retained earnings

2,494

2,482

Accumulated other comprehensive loss

(383)

(366)

Less: Treasury stock at cost: 148,137 and 60,308 shares, respectively

(4)

(2)

Total shareholders' equity

2,909

2,890

Liabilities and Equity

$ 6,748

$ 6,868

[1]	Includes cash equivalents of $41 million, $40 million, and $41 million as of February 1, 2025, February 3, 2024, and January 28, 2023, respectively.
[2]	Excludes $5 million of right-of-use assets held for sale as of February 1, 2025, see Note 7, Assets and Liabilities Held-for-Sale.
[3]	The change in the ending balances reflect the derecognition of fully amortized leases during 2024 and the effect of foreign currency fluctuations due primarily to the movements of the Euro and Yen in relation to the U.S. dollar.

Note 21 - Retirement Plan and Other Benefits - Components of Net Periodic Pension Cost (Details) - Pension Plan [Member] - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Feb. 03, 2024	Feb. 01, 2025	Feb. 03, 2024	Jan. 28, 2023
Service cost		$ 4	$ 6	$ 14
Interest cost		21	27	21
Expected return on plan assets		(21)	(29)	(31)
Amortization of net loss		7	11	10
Settlement charge	$ 75	0	75	0
Net benefit expense		$ 11	$ 90	$ 14

Note 17 - Accumulated Other Comprehensive Loss (Tables)

12 Months Ended

Feb. 01, 2025

Notes Tables

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

($ in millions)	*2024*			2023			2022
Foreign currency translation adjustments	$	(208	)	$	(173	)	$	(148	)
Hedge contracts		—			(2	)		(3	)
Unrecognized pension cost and postretirement benefit		(175	)		(191	)		(241	)
	$	(383	)	$	(366	)	$	(392	)

Comprehensive Income (Loss) [Table Text Block]

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

OCI before reclassification		(35	)		6			1			(28	)
Reclassification of hedges, net of tax		—			(4	)		—			(4	)
Amortization of pension actuarial loss, net of tax		—			—			5			5
Pension and postretirement remeasurement, net of tax		—			—			10			10
Other comprehensive income		(35	)		2			16			(17	)
Balance as of February 1, 2025	$	(208	)	$	—		$	(175	)	$	(383	)

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

($ in millions)
Reclassification of hedges:
Cross-currency swap	$	(4	)
Income tax		—
Reclassification of hedges, net of tax	$	(4	)

Reclassification of actuarial loss:
Amortization of pension and postretirement benefits	$	7
Income tax		(2	)
Reclassification of actuarial loss, net of tax	$	5

Note 6 - Merchandise Inventories (Tables)

12 Months Ended

Feb. 01, 2025

Notes Tables

Schedule of Inventory, Current [Table Text Block]

	*February 1,*		February 3,
($ in millions)	*2025*		2024
LIFO inventories	$	965	$	956
FIFO inventories		560		553
Total merchandise inventories	$	1,525	$	1,509

Note 18 - Income Taxes - Schedule Of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Millions	Feb. 01, 2025	Feb. 03, 2024
Tax loss/credit carryforwards and capital loss	$ 208	$ 166
Employee benefits	26	32
Operating leases - liabilities	627	668
Other, deferred tax asset	66	62
Total deferred tax assets	927	928
Valuation allowance	(112)	(95)
Total deferred tax assets, net	815	833
Merchandise inventories	101	97
Operating leases - assets	578	611
Goodwill and other intangible assets	111	118
Property and equipment	20	24
Other	11	9
Total deferred tax liabilities	821	859
Net deferred tax liability	(6)	(26)
Deferred taxes	143	114
Other liabilities	(149)	(140)
Deferred Tax Liabilities Net	$ (6)	$ (26)

Note 21 - Retirement Plan and Other Benefits (Tables)

12 Months Ended

Feb. 01, 2025

Notes Tables

Schedule of Defined Benefit Plans Disclosures [Table Text Block]

($ in millions)	*2024*			2023
Change in benefit obligation:
Benefit obligation at beginning of year	$	431		$	566
Service cost		4			6
Interest cost		21			27
Actuarial gains		(20	)		(6	)
Foreign currency translation adjustments		(3	)		—
Benefits paid		(35	)		(35	)
Settlement		(1	)		(127	)
Benefit obligation at end of year	$	397		$	431

Change in plan assets:
Fair value of plan assets at beginning of year	$	394		$	546
Actual return on plan assets		14			4
Employer contributions		4			3
Foreign currency translation adjustments		(3	)		—
Benefits paid		(35	)		(35	)
Settlement		(1	)		(124	)
Fair value of plan assets at end of year	$	373		$	394

Funded status	$	(24	)	$	(37	)

Amounts recognized on the balance sheet:
Other assets	$	4		$	4
Accrued and other liabilities		(3	)		(3	)
Other liabilities		(25	)		(38	)
	$	(24	)	$	(37	)

Schedule of Accumulated and Projected Benefit Obligations [Table Text Block]

($ in millions)	*2024*		2023
Projected benefit obligation	$	370	$	400
Accumulated benefit obligation		370		400
Fair value of plan assets		342		359

Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]

($ in millions)
Net actuarial loss at beginning of year	$	262
Amortization of net loss		(7	)
Gain arising during the year		(13	)
Foreign currency fluctuations		(2	)
Net actuarial loss at end of year	$	240

Defined Benefit Plan, Assumptions [Table Text Block]

	*2024*			2023
Discount rate		5.5	%		5.2	%
Rate of compensation increase ⁽¹⁾		3.0	%		3.0	%

	*2024*			2023			2022
Discount rate		5.2	%		5.0	%		3.2	%
Rate of compensation increase ⁽¹⁾		3.0	%		3.0	%		3.6	%
Expected long-term rate of return on assets		5.6	%		5.6	%		4.8	%

Schedule of Net Benefit Costs [Table Text Block]

($ in millions)	*2024*			2023			2022
Service cost	$	4		$	6		$	14
Interest cost		21			27			21
Expected return on plan assets		(21	)		(29	)		(31	)
Amortization of net loss		7			11			10
Settlement charge		—			75			—
Net benefit expense	$	11		$	90		$	14

Schedule of Allocation of Plan Assets [Table Text Block]

($ in millions)	*Level 1*		*Level 2*		*Level 3*		*2024 Total*		2023 Total
Cash	$	1	$	—	$	—	$	1	$	1
Cash equivalents		—		1		—		1		3
Commingled funds:
Equity securities		—		111		—		111		91
Fixed-income securities		—		165		—		165		241
Real estate securities		—		8		—		8		5
Corporate stock		8		—		—		8		11
Mutual funds		48		—		—		48		7
Total assets at fair value	$	57	$	285	$	—	$	342	$	359

($ in millions)	*Level 1*		*Level 2*		*Level 3*		*2024 Total*		2023 Total
Cash equivalents	$	—	$	6	$	—	$	6	$	7
Equity securities:
Canadian and international		2		—		—		2		3
Fixed-income securities:
Cash matched bonds		—		23		—		23		25
Total assets at fair value	$	2	$	29	$	—	$	31	$	35

Schedule of Expected Benefit Payments [Table Text Block]

($ in millions)
2025	$	51
2026		34
2027		33
2028		32
2029		31
2030 - 2034		145

Note 2 - Revenue - Schedule of Sales Disaggregated by Sales Channel (Details) - USD ($) $ in Millions	12 Months Ended
	Feb. 01, 2025	Feb. 03, 2024	Jan. 28, 2023
Total revenue	$ 7,988	$ 8,168	$ 8,759
Sales Revenue [Member]
Total revenue	7,971	8,154	8,747
License [Member]
Total revenue	17	14	12
Store Sales Channel [Member]
Total revenue	6,517	6,751	7,219
Sales Channel, Directly to Consumer [Member]
Total revenue	$ 1,454	$ 1,403	$ 1,528

- 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
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 41
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-41

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 270
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482964/270-10-50-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (ee)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

Reference 4: http://fasb.org/us-gaap/role/ref/otherTransitionRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

Reference 5: http://fasb.org/us-gaap/role/ref/otherTransitionRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 924
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 11.L)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479941/924-10-S99-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-5

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 30
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 42
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-42

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 22
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 40
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-40

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 22
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-4

+ Details

Note 22 - 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

12 Months Ended

Feb. 01, 2025

USD ($)

$ / shares

Beginning balance, nonvested units (in shares)

1,378

Beginning balance, weighted-average grant fair value (in dollars per share) | $ / shares

$ 38.81

Granted, units (in shares)

1,383

Granted, weighted average grant date fair value (in dollars per share) | $ / shares

$ 29

Vested, units (in shares)

(535)

Vested, weighted average grant date fair value (in dollars per share) | $ / shares

$ 47.29

Performance adjustment (1), units (in shares)

(495)

^[1]

Forfeited, units (in shares)

(128)

Forfeited, weighted average grant date fair value (in dollars per share) | $ / shares

$ 32.25

Ending balance, nonvested units (in shares)

1,603

Weighted average remaining contractual term, units (Year)

10 months 24 days

Ending balance, weighted-average grant fair value (in dollars per share) | $ / shares

$ 30.65

Aggregate value, units | $

$ 49

[1]	This represents adjustments made to PSU awards reflecting changes in estimates based upon our current performance against predefined financial and market targets.

Note 8 - Other Current Assets - Other Current Assets (Details) - USD ($) $ in Millions	Feb. 01, 2025	Feb. 03, 2024	Jan. 28, 2023
Net receivables	$ 156	$ 160
Other prepaid expenses	80	89
Prepaid income taxes	47	82
Prepaid rent	21	73
Restricted cash	4	4	$ 13
Other	15	11
Other Assets, Current	$ 323	$ 419

Note 4 - Impairment and Other (Tables)

12 Months Ended

Feb. 01, 2025

Notes Tables

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

($ in millions)	*2024*		2023			2022
Impairment of long-lived assets and right-of-use assets	$	32	$	30		$	58
Reorganization costs		26		17			22
Other intangible asset impairments		25		9			8
Legal claims		14		—			9
Transformation consulting		—		27			42
Insurance recovery related to social unrest		—		1			—
Change in fair value of contingent consideration		—		(4	)		(31	)
Acquisition and integration costs		—		—			4
Total impairment and other	$	97	$	80		$	112

Note 6 - Merchandise Inventories - Inventory (Details) - USD ($) $ in Millions	Feb. 01, 2025	Feb. 03, 2024
LIFO inventories	$ 965	$ 956
FIFO inventories	560	553
Total merchandise inventories	$ 1,525	$ 1,509

Consolidated Statements of Operations - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Feb. 01, 2025	Feb. 03, 2024	Jan. 28, 2023
Total revenue	$ 7,988	$ 8,168	$ 8,759
Cost of sales	5,666	5,895	5,955
Selling, general and administrative expenses	1,920	1,852	1,903
Depreciation and amortization	202	199	208
Impairment and other	97	80	112
Income from operations	103	142	581
Interest expense, net	(8)	(9)	(15)
Other (expense) income, net	(44)	(556)	(42)
Income (loss) from continuing operations before income taxes	51	(423)	524
Income tax expense (benefit)	33	(93)	180
Net income (loss) from continuing operations	18	(330)	344
Net loss from discontinued operations, net of tax	(6)	0	(3)
Net income (loss)	12	(330)	341
Net loss attributable to noncontrolling interests	0	0	1
Net income (loss) attributable to Foot Locker, Inc.	$ 12	$ (330)	$ 342
Basic earnings (loss) per share
Earnings (loss) per share from continuing operations attributable to Foot Locker, Inc. (in dollars per share)	$ 0.19	$ (3.51)	$ 3.66
Loss per share from discontinued operations, net of tax (in dollars per share)	(0.06)	0	(0.04)
Net earnings (loss) per share attributable to Foot Locker, Inc. (in dollars per share)	$ 0.13	$ (3.51)	$ 3.62
Weighted-average shares outstanding (in shares)	95.0	94.2	94.3
Diluted earnings (loss) per share
Earnings (loss) per share from continuing operations attributable to Foot Locker, Inc. (in dollars per share)	$ 0.19	$ (3.51)	$ 3.62
Net loss per share from discontinued operations, net of tax (in dollars per share)	(0.06)	0	(0.04)
Net earnings (loss) per share attributable to Foot Locker, Inc. (in dollars per share)	$ 0.13	$ (3.51)	$ 3.58
Weighted-average shares outstanding, assuming dilution (in shares)	95.5	94.2	95.5
Sales Revenue [Member]
Total revenue	$ 7,971	$ 8,154	$ 8,747
License [Member]
Total revenue	$ 17	$ 14	$ 12

Note 16 - Leases - Other Lease Information (Details)	Feb. 01, 2025	Feb. 03, 2024
Operating leases (Year)	6 years 2 months 12 days	6 years 6 months
Finance leases (Year)	13 years 9 months 18 days	14 years 6 months
Operating leases	5.60%	5.50%
Finance leases	4.40%	4.30%

Note 16 - Leases - Lease Balance Sheet Information (Details) (Parentheticals)	Feb. 01, 2025	Feb. 03, 2024
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Property, Plant and Equipment, Net	Property, Plant and Equipment, Net
Finance Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Long-Term Debt and Lease Obligation, Current	Long-Term Debt and Lease Obligation, Current
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Long-Term Debt and Lease Obligation	Long-Term Debt and Lease Obligation

Note 10 - Other Intangible Assets, Net - Other Intangible Assets (Details) - USD ($)
$ in Millions

Feb. 01, 2025

Feb. 03, 2024

Intangible Assets, Gross

^[1]

$ 75

$ 111

Accumulated Amortization

^[1]

(74)

(105)

Intangible Asset, Net

^[1]

$ 1

Useful Life (Year)

^[2]

9 years 8 months 12 days

Trademarks/tradenames (2)

^[1],[3]

$ 364

393

Other intangible assets, net

^[1]

365

399

Lease Agreements [Member]

Intangible Assets, Gross

^[1]

Accumulated Amortization

^[1]

(74)

(90)

Intangible Asset, Net

^[1]

$ 1

Useful Life (Year)

^[2]

9 years 8 months 12 days

Customer Lists [Member]

Intangible Assets, Gross

^[1]

$ 0

Accumulated Amortization

^[1]

(15)

Intangible Asset, Net

^[1]

$ 0

$ 5

Useful Life (Year)

^[2]

0 years

[1]	The change in the ending balances reflect the derecognition of fully amortized leases during 2024 and the effect of foreign currency fluctuations due primarily to the movements of the Euro and Yen in relation to the U.S. dollar.
[2]	Represents the weighted-average useful life as of February 1, 2025 and excludes those assets that are fully amortized.
[3]	Includes a non-cash impairment charge of $25 million and $9 million recorded in 2024 and 2023, related to atmos, respectively, see Note 4, Impairment and Other.

Note 11 - Other Assets - Other Assets (Details) - USD ($) $ in Millions	Feb. 01, 2025	Feb. 03, 2024	Jan. 28, 2023
Restricted cash included in other non-current assets	$ 25	$ 33	$ 33
Security deposits	22	25
Auction rate security	6	6
Other assets	4	4
Other	66	17
Other Assets, Noncurrent	136	92
Currency Swap [Member] \| Designated as Hedging Instrument [Member]
Cross-currency swap contract	$ 13	$ 7

- Definition

Amount of asset, recognized in statement of financial position, for overfunded defined benefit pension and other postretirement plans.

+ References + Details

Consolidated Statements of Comprehensive (Loss) Income (Parentheticals) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2025	Feb. 03, 2024	Jan. 28, 2023
Net income tax benefit on translation adjustment	$ 0	$ (1,000)	$ 0
Change in fair value of derivatives, tax adjustments	0	0	0
Net actuarial gain (loss) and foreign currency fluctuations arising during the year, tax	3,000	(5,000)	(4,000)
Amortization of net actuarial gain/loss, tax adjustments	2,000	3,000	3,000
Recognition of net actuarial loss on settlement included in net benefit costs, tax	$ 0	$ 19,000	$ 0

Note 10 - Other Intangible Assets, Net (Tables)

12 Months Ended

Feb. 01, 2025

Notes Tables

Schedule of Intangible Assets By MajorClass [Table Text Block]

	*February 1, 2025*									February 3, 2024
	*Gross*		*Accum.*			*Net*		*Life in*		Gross		Accum.			Net
($ in millions)	*value*		*amort.*			*value*		Years ⁽³⁾		value		amort.			value
Amortized intangible assets: ⁽¹⁾
Lease acquisition costs	$	75	$	(74	)	$	1		9.7	$	91	$	(90	)	$	1
Customer lists		—		—			—		—		20		(15	)		5
	$	75	$	(74	)	$	1		9.7	$	111	$	(105	)	$	6

Indefinite life intangible assets: ⁽¹⁾
Trademarks/tradenames ⁽²⁾						$	364								$	393
						$	365								$	399

Finite-Lived Intangible Assets Amortization Expense [Table Text Block]

($ in millions)		*2024*				2023				2022
Amortization expense		$	5			$	7			$	8

Significant Accounting Policies (Policies)

12 Months Ended

Feb. 01, 2025

Accounting Policies [Abstract]

Basis of Accounting, Policy [Policy Text Block]

Basis of Presentation

The consolidated financial statements include the accounts of Foot Locker, Inc. and its domestic and international subsidiaries, as well as any entities in which we have a controlling voting interest that are required to be consolidated. All significant intercompany amounts have been eliminated. As used in these Notes to Consolidated Financial Statements the terms "Foot Locker," "Company," "we," "our," and "us" refer to Foot Locker, Inc. and its consolidated subsidiaries.

The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions relating to the reporting of assets and liabilities and the disclosure of contingent liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results may differ from those estimates.

Fiscal Period, Policy [Policy Text Block]

Reporting Year

Our fiscal year is a 52-week or 53-week period ending the Saturday closest to the last day in January. Fiscal year 2024 represented the 52 weeks ended February 1, 2025, while fiscal year 2023 represented the 53 weeks ended February 3, 2024. Fiscal year 2022 represented the 52 weeks ended January 28, 2023. References to years in this annual report relate to fiscal years rather than calendar years.

Revenue from Contract with Customer [Policy Text Block]

Revenue Recognition

Store revenue is recognized at the point of sale and includes merchandise, net of returns, and excludes taxes. We recognize revenue for merchandise that is shipped to our customers from our distribution centers and stores upon shipment as the customer has control of the product upon shipment. We account for shipping and handling as a fulfillment activity. We accrue the cost and recognize revenue for these activities upon shipment date, therefore total sales recognized includes shipping and handling income. We have license agreements with unaffiliated third-party operators located in the Middle East, Europe, and Asia. The agreements are largely structured with royalty income paid as a percentage of sales for the use of our trademarks, trade name and branding. We record licensing revenue based upon sales estimates for the current period from the third-party operators.

Gift Cards

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. Gift card breakage is recognized as revenue in proportion to the pattern of rights exercised by the customer, unless there is a legal obligation to remit the value of unredeemed gift cards to the relevant jurisdictions.

Loyalty Program

We offer a customer loyalty program, which allows members to earn points on purchases and other forms of engagement. In 2024, we enhanced our FLX Reward Program across North America, with plans to expand to other geographies. The FLX Rewards program introduced FLX Cash, enabling customers to use points towards a discount on purchases, and other member-exclusive benefits, including priority access to highly anticipated sneaker launches, exclusive sales, member-only events, free returns, upgraded birthday gifts, and continued complimentary shipping for members. The loyalty program represents a material right to the customer. We defer revenue related to points earned that have not yet been redeemed. The amount of deferred revenue includes estimates for the standalone selling price of points earned and the percentage of points expected to be redeemed. The expected redemption percentage is based on historical redemption patterns and considers current information or trends. The standalone selling price of points earned and the estimated redemption rate are evaluated each reporting period. When a customer redeems points or the points expire, we recognize revenue in sales in our consolidated statements of operations.

Advertising Cost [Policy Text Block]

Advertising Costs and Sales Promotion

Advertising and sales promotion costs are expensed at the time the advertising or promotion takes place, net of reimbursements for cooperative advertising.

Cooperative advertising reimbursements earned for the launch and promotion of certain products agreed upon with vendors are recorded in the same period as the associated expenses are incurred. Reimbursements received in excess of expenses incurred related to specific, incremental, and identifiable advertising costs are accounted for as a reduction to the cost of merchandise and are reflected in cost of sales when the merchandise is sold. Digital advertising costs are expensed as incurred, net of reimbursements for cooperative advertising.

Digital advertising includes social media, search engine marketing, such as display ads and keyword search terms, and various other forms of digital advertising.

Advertising costs, including digital advertising, which are included as a component of SG&A, were as follows:

($ in millions)	*2024*			2023			2022
Advertising expenses	$	248		$	216		$	222
Cooperative advertising reimbursements		(50	)		(35	)		(37	)
Net advertising expense	$	198		$	181		$	185

Share-Based Payment Arrangement [Policy Text Block]

Share-Based Compensation

We recognize compensation expense for share-based awards based on the grant date fair value of those awards. Effective 2024, we no longer issue stock option grants. Grants in prior years were valued using the Black-Scholes option-pricing model to determine the fair value of stock options. Share-based compensation expense is recognized on a straight-line basis over the requisite service period of the award. We recognize forfeitures as they occur.

Upon exercise of stock options, issuance of restricted stock or units, or issuance of shares under the employee stock purchase plan, we will issue authorized but unissued common stock or use common stock held in treasury.

Generally awards of restricted stock units fully vest after the passage of time, typically three years for employees and one year for nonemployee directors. Performance stock unit ("PSU") awards granted in 2024 are earned only after the attainment of performance goals in connection with the relevant performance period. 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 these awards is determined using a Monte Carlo simulation as of the date of the grant.

Earnings Per Share, Policy [Policy Text Block]

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 EPS 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 basic and diluted EPS is as follows:

(in millions, except per share data)	2024			2023			2022
Net income (loss) from continuing operations	$	18		$	(330	)	$	344
Net loss attributable to noncontrolling interests		—			—			1
Income (loss) from continuing operations attributable to Foot Locker, Inc.		18			(330	)		345
Net loss from discontinued operations, net of tax		(6	)		—			(3	)
Net income (loss) attributable to Foot Locker, Inc.	$	12		$	(330	)	$	342

Weighted-average common shares outstanding		95.0			94.2			94.3
Dilutive effect of potential common shares		0.5			—			1.2
Weighted-average common shares outstanding assuming dilution		95.5			94.2			95.5

Basic earnings per share:
Earnings (loss) per share from continuing operations attributable to Foot Locker, Inc.	$	0.19		$	(3.51	)	$	3.66
Loss per share from discontinued operations, net of tax		(0.06	)		—			(0.04	)
Net earnings (loss) per share attributable to Foot Locker, Inc.	$	0.13		$	(3.51	)	$	3.62

Diluted earnings per share:
Earnings (loss) per share from continuing operations attributable to Foot Locker, Inc.	$	0.19		$	(3.51	)	$	3.62
Net loss per share from discontinued operations, net of tax		(0.06	)		—			(0.04	)
Net earnings (loss) per share attributable to Foot Locker, Inc.	$	0.13		$	(3.51	)	$	3.58

Anti-dilutive share-based awards excluded from diluted calculation		2.1			4.5			2.7

Performance stock units related to our long-term incentive programs of 1.1 million for 2024, 0.8 million for 2023, and 0.4 million for 2022, have been excluded from diluted weighted-average shares. The issuance of these shares are contingent on our performance metrics as compared to the pre-established performance goals, which have not been achieved.

Cash and Cash Equivalents, Policy [Policy Text Block]

Cash, Cash Equivalents, and Restricted Cash

Cash consists of funds held on hand and in bank accounts. Cash equivalents include amounts on demand with banks and all highly liquid investments with original maturities of three months or less, including money market funds. Additionally, amounts due from third-party credit card processors for the settlement of debit and credit card transactions are included as cash equivalents as they are generally collected within three business days. We present book overdrafts, representing checks issued but still outstanding in excess of bank balances, as part of accounts payable.

Restricted cash represents cash that is restricted as to withdrawal or use under the terms of various agreements. Amounts included in restricted cash primarily relate to amounts held in escrow in connection with various leasing arrangements in Europe. During 2024, most deposits held in insurance trusts to satisfy the requirement to collateralize part of the self-insured workers' compensation and liability claims were replaced by standby letters of credit.

The following table provides the reconciliation of cash, cash equivalents, and restricted cash, as reported on our consolidated statements of cash flows:

	*February 1,*		February 3,		January 28,
($ in millions)	*2025*		2024		2023
Cash and cash equivalents ⁽¹⁾	$	401	$	297	$	536
Restricted cash included in other current assets		4		4		13
Restricted cash included in other non-current assets		25		33		33
Cash, cash equivalents, and restricted cash	$	430	$	334	$	582

⁽¹⁾	Includes cash equivalents of $41 million, $40 million, and $41 million as of February 1, 2025, February 3, 2024, and January 28, 2023, respectively.

Cost of Goods and Service [Policy Text Block]

Merchandise Inventories and Cost of Sales

Merchandise inventories are valued at the lower of cost or market using the retail inventory method, except for WSS and atmos. Cost is determined on the last-in, first-out ("LIFO") basis for domestic inventories and on the first-in, first-out ("FIFO") basis for international inventories. Merchandise inventories for our WSS and atmos businesses are valued at its net realizable value using the weighted average method. Cost is determined on the FIFO basis.

The retail inventory method is used by retail companies to value inventories at cost and calculate gross margins due to its practicality. Under the retail inventory method, cost is determined by applying a cost-to-retail percentage across groupings of similar items, known as departments. The cost-to-retail percentage is applied to ending inventory at its current owned retail valuation to determine the cost of ending inventory on a department basis. We provide reserves based on current selling prices when the inventory has not been marked down to market.

Transportation, distribution center, and sourcing costs are capitalized in merchandise inventories. We expense the freight associated with transfers between our store locations in the period incurred. We maintain an accrual for shrinkage based on historical rates.

Cost of sales is comprised of the cost of merchandise, as well as occupancy, buyers' compensation, and shipping and handling costs. The cost of merchandise is recorded net of amounts received from suppliers for damaged product returns, markdown allowances, and volume rebates, as well as cooperative advertising reimbursements received in excess of specific, incremental advertising expenses.

Investment, Policy [Policy Text Block]

Minority Investments

We use the equity method to account for investments in which we have the ability to exercise significant influence over the investee's operating and financial policies, or in which we hold a partnership or limited liability company interest in an entity with specific ownership accounts, unless we have virtually no influence over the investee's operating and financial policies.

Property, Plant and Equipment, Policy [Policy Text Block]

Property and Equipment

Property and equipment are recorded at cost, less accumulated depreciation and amortization. Significant additions and improvements to property and equipment are capitalized. Major renewals or replacements that substantially extend the useful life of an asset are capitalized. Maintenance and repairs are expensed as incurred.

Depreciation and amortization are computed on a straight-line basis over the following estimated useful lives:

Buildings		Maximum of 50 years
Store leasehold improvements		Shorter of the asset useful life or expected term of the lease
Furniture, fixtures, and equipment		3‑10 years
Software		2‑5 years

Internal Use Software, Policy [Policy Text Block]

Internal-Use Software Development Costs

We capitalize certain external and internal computer software and software development costs incurred during the application development stage. The application development stage generally includes software design and configuration, coding, testing, and installation activities. Capitalized costs include only external direct cost of materials and services consumed in developing or obtaining internal-use software, and payroll and payroll-related costs for employees who are directly associated with and devote time to the internal-use software project. Capitalization of such costs ceases no later than the point at which the project is substantially complete and ready for its intended use. We generally amortize these costs on a straight-line basis over a period not to exceed five years. Training and maintenance costs are expensed as incurred, while upgrades and enhancements are capitalized if it is probable that such expenditures will result in additional functionality. Capitalized software, net of accumulated amortization, is included as a component of Property and equipment, net and was $60 million and $63 million at February 1, 2025 and February 3, 2024, respectively.

Cloud computing arrangement (software-as-a-service contract) implementation costs that are capitalized are amortized on a straight-line basis over the contract term. These amounts are classified within other current assets and other long-term assets in the Consolidated Balance Sheets. Expense related to cloud computing arrangements is included in SG&A. The corresponding cash flows related to these arrangements are included in net cash provided by operating activities in the Consolidated Statements of Cash Flows.

Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block]

Impairment of Long-Lived Tangible Assets and Right-of-Use Assets

We perform an impairment review when circumstances indicate that the carrying value of long-lived tangible assets and right-of-use assets may not be recoverable ("a triggering event"). Our policy in determining whether a triggering event exists comprises the evaluation of measurable operating performance criteria and qualitative measures at the lowest level for which identifiable cash flows are largely independent of cash flows for other assets and liabilities, which is generally at the store level. We also evaluate triggering events at the banner level. In evaluating potential store level impairment, we compare future undiscounted cash flows expected to result from the use of the asset group to the carrying amount of the asset group. The future cash flows are estimated predominately based on our historical performance and long-range strategic plans. If the carrying amount of the asset group exceeds the estimated undiscounted future cash flows, we measure the amount of the impairment by comparing the carrying amount of the asset group with its estimated fair value. The estimation of fair value is measured by discounting expected future cash flows using a risk adjusted discount rate and using current market-based information for right-of-use assets. We estimate fair value based on the best information available using estimates, judgments, and projections as considered necessary.

Lessee, Leases [Policy Text Block]

Leases

Lease liabilities are recognized at the commencement date based on the present value of lease payments over the lease term for those arrangements where there is an identified asset and the contract conveys the right to control its use. The lease term includes options to extend or terminate a lease only when we are reasonably certain that we will exercise that option. The right-of-use asset is measured at the initial amount of the lease liability adjusted for lease payments made at or before the lease commencement date, initial direct costs, and any tenant improvement allowances received. For operating leases, right-of-use assets are reduced over the lease term by the straight-line lease expense recognized less the amount of accretion of the lease liability determined using the effective interest method.

We combine lease components and non-lease components. Given our policy election to combine lease and non-lease components, we also consider fixed common area maintenance ("CAM") part of our fixed future lease payments; therefore, fixed CAM is also included in our lease liability. We recognize rent expense for operating leases as of the possession date for store leases or the commencement of the agreement for non-store leases. Rental expense, inclusive of rent holidays, concessions, and tenant allowances are recognized over the lease term on a straight-line basis. Contingent payments based upon sales and future increases determined by inflation related indices cannot be estimated at the inception of the lease and, accordingly, are charged to operations as incurred.

As most of our leases do not provide an implicit interest rate, we use our incremental borrowing rates based on the remaining lease term to determine the present value of future lease payments. Our incremental borrowing rate for a lease is the rate of interest we would have to pay on a collateralized basis to borrow an amount equal to the lease payments under similar terms. Leases with an initial term of 12 months or less are not recorded on the balance sheet. We recognize lease expense for short-term leases on a straight-line basis over the lease term.

Goodwill and Intangible Assets, Policy [Policy Text Block]

Impairment of Goodwill and Other Intangible Assets

Goodwill and intangible assets with indefinite lives are reviewed for impairment annually during the fourth quarter of each fiscal year, or more frequently if impairment indicators arise. The review of goodwill impairment consists of either using a qualitative approach to determine whether it is more likely than not that the fair value of the assets is less than their respective carrying values or a one-step quantitative impairment test. In performing the qualitative assessment, we consider many factors in evaluating whether the carrying value of goodwill may not be recoverable, including declines in our stock price and market capitalization in relation to the book value of the Company and macroeconomic conditions affecting retail. If, based on the results of the qualitative assessment, it is concluded that it is not more likely than not that the fair value of a reporting unit exceeds its carrying value, additional quantitative impairment testing is performed. The quantitative test requires that the carrying value of each reporting unit be compared with its estimated fair value. If the carrying value of a reporting unit is greater than its fair value, a goodwill impairment charge will be recorded for the difference (up to the carrying value of goodwill).

We use a discounted cash flow approach to determine the fair value of a reporting unit. The determination of discounted cash flows of the reporting units and assets and liabilities within the reporting units requires significant estimates and assumptions. These estimates and assumptions primarily include, but are not limited to, the discount rate, terminal growth rates, earnings before depreciation and amortization, and capital expenditures forecasts. Due to the inherent uncertainty involved in making these estimates, actual results could differ from those estimates. We evaluate the merits of each significant assumption, both individually and in the aggregate, used to determine the fair value of the reporting units, as well as the fair values of the corresponding assets and liabilities within the reporting units.

We have three reporting units, representing our operating segments of North America, EMEA, and Asia Pacific. Our 2024 quantitative analysis determined that the fair value of each reporting unit exceeded its carrying value. However, the EMEA and Asia Pacific reporting units had fair values that were not substantially in excess of their carrying values. The total amount of goodwill attributable to these reporting units was $238 million and the fair value was 6.0% higher than the carrying value. The fair value of our North America reporting unit's goodwill was substantially greater than its carrying value. Goodwill is net of accumulated impairment charges of $167 million for all periods presented. The change in the goodwill amount represents foreign currency fluctuations.

Intangible assets with indefinite lives are tested for impairment if impairment indicators arise and, at a minimum, annually. The impairment review for intangible assets with indefinite lives consists of either performing a qualitative or a quantitative assessment. If the results of the qualitative assessment indicate that it is more likely than not that the fair value of the indefinite-lived intangible is less than its carrying amount, or if we elect to proceed directly to a quantitative assessment, we calculate the fair value using a discounted cash flow method, based on the relief from royalty method, and compare the fair value to the carrying value to determine if the asset is impaired. Intangible assets that are determined to have finite lives are amortized over their useful lives and are measured for impairment only when events or changes in circumstances indicate that the carrying value may be impaired. Following the $25 million impairment recorded related to our atmos tradename during the year ended February 1, 2025, there is no excess of fair value over the carrying value. Additionally, our WSS tradename, which has a carrying value of $296 million, has an excess of fair value over the carrying value of 7.8%.

Business Combinations Policy [Policy Text Block]

Contingent Consideration

As a result of our purchase of atmos in 2021, we recognized contingent consideration, as a component of the purchase consideration is payable contingent on the achievement of certain sales and EBITDA performance. Contingent consideration is classified as a liability. The fair value of the contingent consideration liability is estimated using an option pricing model simulation that determines an average projected payment value across numerous iterations. This technique determines projected payments based on simulated sales and EBITDA derived from an internal forecast, adjusted for selected revenue and EBITDA volatilities and risk premiums based on market data for comparable guideline public companies. The projected payments are then discounted back to the valuation date at the Company's cost of debt using a term commensurate with the contractual payment dates.

The contingent consideration liability will be measured at fair value on a recurring basis until the contingency is resolved at the conclusion of 2025. Changes in the estimated fair value of the contingent consideration liability will be reflected in operating income or expense in the Consolidated Statements of Operations. The contingent consideration was initially valued at $35 million. As of February 1, 2025 and February 3, 2024, the fair value of the contingent consideration was not significant.

Derivatives, Policy [Policy Text Block]

Derivative Financial Instruments

All derivative financial instruments are recorded in our Consolidated Balance Sheets at their fair values. For derivatives designated as a hedge, and effective as part of a hedge transaction, the effective portion of the gain or loss on the hedging derivative instrument is reported as a component of other comprehensive income/loss or as a basis adjustment to the underlying hedged item and reclassified to earnings in the period in which the hedged item affects earnings. The effective portion of the gain or loss on hedges of foreign net investments is generally not reclassified to earnings unless the net investment is disposed of. To the extent derivatives do not qualify or are not designated as hedges, or are ineffective, their changes in fair value are recorded in earnings immediately, which may subject us to increased earnings volatility. We classify cash receipts and payments according to their nature in the statement of cash flows; however, cash flows from a derivative instrument that is accounted for as a fair value hedge or cash flow hedge are classified in the same category as the cash flows from the items being hedged.

Income Tax, Policy [Policy Text Block]

Income Taxes

We account for our income taxes under the asset and liability method, which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements. Under this method, deferred tax assets and liabilities are determined on the basis of the differences between the financial statements and the tax basis of assets and liabilities, using enacted tax rates in effect for the year in which the differences are expected to reverse. Deferred tax assets are recognized for tax credits and net operating loss carryforwards, reduced by a valuation allowance, which is established when it is more likely than not that some portion or all of the deferred tax assets will not be realized. The effect of a change in tax rates on deferred tax assets and liabilities is recognized in income in the period that includes the enactment date.

We recognize net deferred tax assets to the extent that we believe these assets are more likely than not to be realized. In making such a determination, we consider all available positive and negative evidence, including future reversals of existing taxable temporary differences, projected future taxable income, tax-planning strategies, and results of recent operations. If we determine that we would be able to realize our deferred tax assets in the future in excess of their net recorded amount, we would make an adjustment to the deferred tax asset valuation allowance, which would reduce the provision for income taxes.

A taxing authority may challenge positions that we adopted in our income tax filings. Accordingly, we may apply different tax treatments for transactions in filing our income tax returns than for income tax financial reporting. We regularly assess our tax positions for such transactions and record reserves for those differences when considered necessary. Tax positions are recognized only when it is more likely than not, based on technical merits, that the positions will be sustained upon examination. Tax positions that meet the more-likely-than-not threshold are measured using a probability weighted approach as the largest amount of tax benefit that is greater than fifty percent likely of being realized upon settlement. Whether the more-likely-than-not recognition threshold is met for a tax position is a matter of judgment based on the individual facts and circumstances of that position evaluated in light of all available evidence. We recognize interest and penalties related to unrecognized tax benefits within income tax expense in the accompanying Consolidated Statement of Operations. Accrued interest and penalties are included within the related tax liability line in the Consolidated Balance Sheet.

Pension and Other Postretirement Plans, Policy [Policy Text Block]

Pension and Postretirement Obligations

Pension benefit obligations and net periodic pension costs are calculated using actuarial assumptions. Two key assumptions used in accounting for pension liabilities and expenses are the discount rate and expected rate of return on plan assets. The discount rate for the U.S. plans is determined by reference to the Bond:Link interest rate model based upon a portfolio of highly-rated U.S. corporate bonds with individual bonds that are theoretically purchased to settle the plan's anticipated cash outflows. The cash flows are discounted to their present value and an overall discount rate is determined. The discount rate selected to measure the present value of the Canadian benefit obligations was developed by using that plan's bond portfolio indices, which match the benefit obligations. We measure our plan assets and benefit obligations using the month-end date that is closest to our fiscal year end. The expected return on plan assets assumption is derived using the current and expected asset allocation of the pension plan assets and considering historical as well as expected performance of those assets.

Insurance Liabilities Policy [Text Block]

Insurance Liabilities

We are primarily self-insured for health care, workers' compensation, and general liability costs. Accordingly, provisions are made for actuarially determined estimates of discounted future claim costs for such risks, for the aggregate of claims reported, and claims incurred but not yet reported. Self-insured liabilities totaled $14 million for both February 1, 2025 and February 3, 2024 and was $13 million for January 28, 2023. Workers' compensation and general liability reserves are discounted using a risk-free interest rate. Imputed interest expense related to these liabilities was not significant for any of the periods presented.

Stockholders' Equity, Policy [Policy Text Block]

Treasury Stock Retirement

We periodically retire treasury shares that we acquire through share repurchases and return those shares to the status of authorized but unissued. We account for treasury stock transactions under the cost method. For each reacquisition of common stock, the number of shares and the acquisition price for those shares is added to the existing treasury stock count and total value. When treasury shares are retired, our policy is to allocate the excess of the repurchase price over the par value of shares acquired to both retained earnings and additional paid-in capital. The portion allocated to additional paid-in capital is determined by applying a percentage, which is determined by dividing the number of shares to be retired by the number of shares issued, to the balance of additional paid-in capital as of the retirement date. We did not retire shares in 2024 or 2023.

Foreign Currency Transactions and Translations Policy [Policy Text Block]

Foreign Currency Translation

The functional currency of our international operations is the applicable local currency. The translation of the applicable foreign currency into U.S. dollars is performed for balance sheet accounts using current exchange rates in effect at the balance sheet date and for revenue and expense accounts using the weighted-average rates of exchange prevailing during the year. The unearned gains and losses resulting from such translation are included as a separate component of accumulated other comprehensive loss ("AOCL") within shareholders' equity.

New Accounting Pronouncements, Policy [Policy Text Block]

Recently Adopted Accounting Pronouncement

In November 2023, the Financial Accounting Standards Board ("FASB") issued Accounting Standard Update ("ASU") ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures, which requires a public entity to disclose significant segment expenses and other segment items on an annual and interim basis and to provide in interim periods all disclosures about a reportable segment's profit or loss and assets that are currently required annually. The ASU does not change how a public entity identifies its operating segments, aggregates them, or applies the quantitative thresholds to determine its reportable segments. We adopted this standard in the fourth quarter of 2024. See Note 3. Segment Information for further details.

Other 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.

Recent Accounting Pronouncements Not Yet Adopted

In December 2023, the FASB issued ASU 2023-09, Improvements to Income Tax Disclosures. ASU 2023-09 requires disaggregated information about a reporting entity's effective tax rate reconciliation and income taxes paid. The new income tax disclosures are effective for fiscal years beginning after December 15, 2024. Management will review the extent of new disclosures necessary, prior to implementation in our 2025 Annual Report on Form 10-K. Other than additional disclosure, we do not expect a change to our consolidated statements of operations, financial position, or cash flows.

In November 2024, the FASB issued ASU 2024-03, Income Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures. ASU 2024-03 requires disaggregated disclosure of certain costs and expenses, including purchases of inventory, employee compensation, depreciation, amortization and depletion, within relevant income statement captions. The new expense disaggregation disclosures are effective for fiscal years beginning after December 15, 2026, and interim periods within fiscal years beginning after December 15, 2027. The amendments should be applied prospectively; however, retrospective application is permitted. We are currently evaluating the effect of this ASU on our financial statement presentation and disclosures.

Other 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 20 - Fair Value Measurements - Schedule of Carrying Values and Estimated Fair Values (Details) - USD ($)
$ in Millions

Feb. 01, 2025

Feb. 03, 2024

Carrying value (1)

^[1]

$ 396

$ 395

Fair value

$ 344

$ 337

[1]	The carrying value of debt as of February 1, 2025 and February 3, 2024, included $4 million and $5 million, respectively, of issuer’s discount and costs related to 4% Notes due in 2029.

Note 1 - Summary of Significant Accounting Policies

12 Months Ended

Feb. 01, 2025

Notes to Financial Statements

Basis of Presentation and Significant Accounting Policies [Text Block]

1. Summary of Significant Accounting Policies

Basis of Presentation

Reporting Year

Revenue Recognition

Gift Cards

Loyalty Program

Advertising Costs and Sales Promotion

Advertising and sales promotion costs are expensed at the time the advertising or promotion takes place, net of reimbursements for cooperative advertising.

Digital advertising includes social media, search engine marketing, such as display ads and keyword search terms, and various other forms of digital advertising.

Advertising costs, including digital advertising, which are included as a component of SG&A, were as follows:

($ in millions)	*2024*			2023			2022
Advertising expenses	$	248		$	216		$	222
Cooperative advertising reimbursements		(50	)		(35	)		(37	)
Net advertising expense	$	198		$	181		$	185

Share-Based Compensation

Earnings Per Share

The computation of basic and diluted EPS is as follows:

(in millions, except per share data)	2024			2023			2022
Net income (loss) from continuing operations	$	18		$	(330	)	$	344
Net loss attributable to noncontrolling interests		—			—			1
Income (loss) from continuing operations attributable to Foot Locker, Inc.		18			(330	)		345
Net loss from discontinued operations, net of tax		(6	)		—			(3	)
Net income (loss) attributable to Foot Locker, Inc.	$	12		$	(330	)	$	342

Weighted-average common shares outstanding		95.0			94.2			94.3
Dilutive effect of potential common shares		0.5			—			1.2
Weighted-average common shares outstanding assuming dilution		95.5			94.2			95.5

Basic earnings per share:
Earnings (loss) per share from continuing operations attributable to Foot Locker, Inc.	$	0.19		$	(3.51	)	$	3.66
Loss per share from discontinued operations, net of tax		(0.06	)		—			(0.04	)
Net earnings (loss) per share attributable to Foot Locker, Inc.	$	0.13		$	(3.51	)	$	3.62

Diluted earnings per share:
Earnings (loss) per share from continuing operations attributable to Foot Locker, Inc.	$	0.19		$	(3.51	)	$	3.62
Net loss per share from discontinued operations, net of tax		(0.06	)		—			(0.04	)
Net earnings (loss) per share attributable to Foot Locker, Inc.	$	0.13		$	(3.51	)	$	3.58

Anti-dilutive share-based awards excluded from diluted calculation		2.1			4.5			2.7

Cash, Cash Equivalents, and Restricted Cash

The following table provides the reconciliation of cash, cash equivalents, and restricted cash, as reported on our consolidated statements of cash flows:

	*February 1,*		February 3,		January 28,
($ in millions)	*2025*		2024		2023
Cash and cash equivalents ⁽¹⁾	$	401	$	297	$	536
Restricted cash included in other current assets		4		4		13
Restricted cash included in other non-current assets		25		33		33
Cash, cash equivalents, and restricted cash	$	430	$	334	$	582

⁽¹⁾	Includes cash equivalents of $41 million, $40 million, and $41 million as of February 1, 2025, February 3, 2024, and January 28, 2023, respectively.

Merchandise Inventories and Cost of Sales

Minority Investments

We have a minority investment that is accounted for using the fair value measurement alternative, which is at cost, adjusted for changes in observable prices minus impairment under the practicability exception.

We evaluate our minority investments for impairment when events or circumstances indicate that the carrying value of the investment may not be recoverable and an impairment is other than temporary. If an event occurs, we evaluate the recoverability of our carrying value based on the fair value of the investment. We estimate the fair value of our minority investments using a discounted cash flow approach and/or a market approach, which considers forecasted cash flows provided by the investee's management, as well as assumptions over discount rates, terminal values, and selected comparable companies. If an impairment is indicated, we adjust the carrying values of the investment downward, if necessary, to their estimated fair values.

Property and Equipment

Depreciation and amortization are computed on a straight-line basis over the following estimated useful lives:

Buildings		Maximum of 50 years
Store leasehold improvements		Shorter of the asset useful life or expected term of the lease
Furniture, fixtures, and equipment		3‑10 years
Software		2‑5 years

Internal-Use Software Development Costs

Impairment of Long-Lived Tangible Assets and Right-of-Use Assets

Leases

Impairment of Goodwill and Other Intangible Assets

Contingent Consideration

Derivative Financial Instruments

Income Taxes

Pension and Postretirement Obligations

Insurance Liabilities

Treasury Stock Retirement

Foreign Currency Translation

Recently Adopted Accounting Pronouncement

Other 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.

Recent Accounting Pronouncements Not Yet Adopted

Other 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.

Insider Trading Arrangements	3 Months Ended	12 Months Ended
Insider Trading Arrangements	Feb. 01, 2025	Feb. 01, 2025
Trading Arrangements, by Individual [Table]
Material Terms of Trading Arrangement [Text Block]		*Item* 9B. Other Information During the quarter ended February 1, 2025, 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 2 - Revenue - Schedule of Sales Disaggregated by Geographic Area (Details) - USD ($) $ in Millions	12 Months Ended
	Feb. 01, 2025	Feb. 03, 2024	Jan. 28, 2023
Total revenue	$ 7,988	$ 8,168	$ 8,759
UNITED STATES
Total revenue	5,328	5,409	5,981
Non-US [Member]
Total revenue	$ 2,660	$ 2,759	$ 2,778

- Definition

+ References

+ Details

Note 8 - Other Current Assets

12 Months Ended

Feb. 01, 2025

Notes to Financial Statements

Other Current Assets [Text Block]

8. Other Current Assets

	*February 1,*		February 3,
($ in millions)	*2025*		2024
Net receivables	$	156	$	160
Other prepaid expenses		80		89
Prepaid income taxes		47		82
Prepaid rent		21		73
Restricted cash		4		4
Other		15		11
	$	323	$	419

Note 9 - Property and Equipment, Net - Property and Equipment (Details) - USD ($) $ in Millions	Feb. 01, 2025	Feb. 03, 2024
Land	$ 3	$ 3
Buildings	50	51
Furniture, fixtures, equipment and software development costs	1,223	1,403
Property, Plant and Equipment, Gross	1,276	1,457
Less: accumulated depreciation	(819)	(988)
Property Plant And Equipment Excluding Leasehold And Building Improvements	457	469
Assets under finance leases	68	65
Less: accumulated amortization	(23)	(18)
Finance Lease, Right-of-Use Asset, after Accumulated Amortization	45	47
Property and equipment, net	910	930
Leasehold And Building Improvements [Member]
Cost	956	996
Less: accumulated amortization	(548)	(582)
Leasehold Improvements, Net	$ 408	$ 414

Note 20 - Fair Value Measurements - Schedule of Fair Value Assets and Liabilities (Details) - Fair Value, Recurring [Member] - USD ($) $ in Millions	Feb. 01, 2025	Feb. 03, 2024
Fair Value, Inputs, Level 1 [Member]
Assets, 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] \| Cross Currency Interest Rate Contract [Member]
Assets, Fair Value	0	0
Fair Value, Inputs, Level 2 [Member]
Assets, Fair Value	20	14
Fair Value, Inputs, Level 2 [Member] \| Foreign Exchange Forward [Member]
Assets, Fair Value	1	1
Fair Value, Inputs, Level 2 [Member] \| Cross Currency Interest Rate Contract [Member]
Assets, Fair Value	13	7
Fair Value, Inputs, Level 3 [Member]
Assets, Fair Value	0	0
Fair Value, Inputs, Level 3 [Member] \| Foreign Exchange Forward [Member]
Assets, 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 21 - Retirement Plans and Other Benefit - Plan Summary (Details) - USD ($) $ in Millions	12 Months Ended
	Feb. 01, 2025	Feb. 03, 2024	Jan. 28, 2023
Other assets	$ 4	$ 4
Pension Plan [Member]
Benefit obligation	431	566
Service cost	4	6	$ 14
Interest cost	21	27	21
Actuarial gains, benefit obligation	(20)	(6)
Foreign currency translation adjustments, benefit obligation	(3)	0
Benefits paid, benefit obligation	(35)	(35)
Settlement	(1)	(127)
Benefit obligation	397	431	566
Fair value of plan assets	394	546
Actual return on plan assets	14	4
Employer contributions, plan assets	4	3
Foreign currency translation adjustments, plan assets	(3)	0
Benefits paid, plan assets	(35)	(35)
Settlement	(1)	(124)
Fair value of plan assets	373	394	$ 546
Funded status	(24)	(37)
Other assets	4	4
Accrued and other liabilities	(3)	(3)
Other liabilities	(25)	(38)
Defined Benefit Plan, Amounts for Asset (Liability) Recognized in Statement of Financial Position	$ (24)	$ (37)

Note 19 - Financial Instruments and Risk Management (Details Textual) $ in Millions, ¥ in Billions	12 Months Ended
	Feb. 01, 2025 USD ($)	Feb. 03, 2024 USD ($)	Jan. 28, 2023 USD ($)	May 06, 2022 USD ($)	May 06, 2022 JPY (¥)	May 05, 2021
Derivative, Notional Amount				$ 85	¥ 11
Derivative, Fixed Interest Rate				6.77%	6.77%	3.51%
AOCI, Derivative Qualifying as Hedge, Excluded Component, after Tax		$ 2
Gain (Loss) on Derivative Instruments, Net, Pretax	$ 3	$ 3	$ 2
Number of Countries in which Entity Operates	26
Europe [Member]
Number of Countries in which Entity Operates	20
Net Assets	$ 546
Number Of Countries In Which Entity Operates And Uses The Euro	11
Cost of Goods and Service Benchmark [Member] \| Supplier Concentration Risk [Member] \| Top Five Suppliers [Member]
Concentration Risk, Percentage	85.00%	84.00%
Cost of Goods and Service Benchmark [Member] \| Supplier Concentration Risk [Member] \| Nike [Member]
Concentration Risk, Percentage	59.00%	65.00%
Other Noncurrent Assets [Member] \| Currency Swap [Member] \| Designated as Hedging Instrument [Member]
Derivative Asset, Subject to Master Netting Arrangement, before Offset of Collateral	$ 13	$ 7

Note 10 - Other Intangible Assets, Net

12 Months Ended

Feb. 01, 2025

Notes to Financial Statements

Intangible Assets Disclosure [Text Block]

10. Other Intangible Assets, net

	*February 1, 2025*									February 3, 2024
	*Gross*		*Accum.*			*Net*		*Life in*		Gross		Accum.			Net
($ in millions)	*value*		*amort.*			*value*		Years ⁽³⁾		value		amort.			value
Amortized intangible assets: ⁽¹⁾
Lease acquisition costs	$	75	$	(74	)	$	1		9.7	$	91	$	(90	)	$	1
Customer lists		—		—			—		—		20		(15	)		5
	$	75	$	(74	)	$	1		9.7	$	111	$	(105	)	$	6

Indefinite life intangible assets: ⁽¹⁾
Trademarks/tradenames ⁽²⁾						$	364								$	393
						$	365								$	399

⁽¹⁾	The change in the ending balances reflect the derecognition of fully amortized customer lists and leases during 2024 and the effect of foreign currency fluctuations due primarily to the movements of the euro and yen in relation to the U.S. dollar.

⁽²⁾	Includes a non-cash impairment charge of $25 million and $9 million recorded in 2024 and 2023, related to atmos, respectively, see Note 4, Impairment and Other.

⁽³⁾	Represents the weighted-average useful life as of February 1, 2025 and excludes those assets that are fully amortized.

Amortizing intangible assets primarily represent customer lists and lease acquisition costs, which are amounts that are required to secure prime lease locations, primarily in Europe. Both the WSS and atmos customer lists were fully amortized as of February 1, 2025. Amortization expense recorded is presented below and future amortization expense is not significant.

($ in millions)		*2024*				2023				2022
Amortization expense		$	5			$	7			$	8

Consolidated Statements of Changes in Shareholders' Equity (Parentheticals) - $ / shares	12 Months Ended
	Feb. 03, 2024	Jan. 28, 2023
Common stock, dividends, per share, declared (in dollars per share)	$ 1.2	$ 1.6

Note 2 - Revenue (Details Textual)	Feb. 01, 2025	Feb. 03, 2024	Jan. 28, 2023
Number of Stores	7	13	16

Note 18 - Income Taxes - Components of Income Tax Provision (Details) - USD ($) $ in Millions	12 Months Ended
	Feb. 01, 2025	Feb. 03, 2024	Jan. 28, 2023
Federal, current	$ 21	$ 8	$ 64
State and local, current	13	2	27
International, current	27	33	68
Total current tax provision	61	43	159
Federal, deferred	12	(88)	23
State and local, deferred	(1)	(24)	4
International, deferred	(39)	(24)	(6)
Total deferred tax provision	(28)	(136)	21
Total income tax provision	$ 33	$ (93)	$ 180

- Definition

Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 270
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (i)
-Publisher FASB
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Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (ee)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12

Reference 4: http://www.xbrl.org/2003/role/exampleRef
-Topic 740
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-Name Accounting Standards Codification
-Section 55
-Paragraph 231
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-231

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-9

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
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-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
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-URI https://asc.fasb.org/1943274/2147479360/740-10-S99-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
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Reference 9: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
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-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 10: 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(9))
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-URI https://asc.fasb.org/1943274/2147477250/944-220-S99-1

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Name Accounting Standards Codification
-Section 45
-Paragraph 2
-Subparagraph (a)
-SubTopic 20
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482659/740-20-45-2

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(h))
-SubTopic 10
-Topic 235
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1

+ Details

Note 16 - Leases - Lease Balance Sheet Information (Details) - USD ($)
$ in Millions

Feb. 01, 2025

Feb. 03, 2024

Operating lease right-of-use assets (1)

^[1]

$ 2,061

$ 2,188

Operating lease liabilities classified as current

507

492

Operating lease liabilities classified as long-term

1,831

2,004

Total operating lease liabilities (2)

^[2]

2,338

2,496

Property and equipment, net, finance

Finance lease obligations classified as current

Finance lease obligations classified as long-term

Total finance lease obligations

$ 50

$ 52

[1]	Excludes $5 million of right-of-use assets held for sale as of February 1, 2025, see Note 7, Assets and Liabilities Held-for-Sale.
[2]	Excludes $5 million of operating lease liabilities held for sale as of February 1, 2025, see Note 7, Assets and Liabilities Held-for-Sale.

Note 21 - Retirement Plans and Other Benefits - Schedule of AOCL Pre-tax (Details) - Pension Plan [Member] $ in Millions	12 Months Ended
	Feb. 01, 2025 USD ($)
Net actuarial loss at beginning of year	$ 262
Amortization of net loss	(7)
Gain arising during the year	(13)
Foreign currency fluctuations	(2)
Net actuarial loss at end of year	$ 240

Consolidated Statements of Changes in Shareholders' Equity - USD ($) $ in Millions	Common Stock Including Additional Paid in Capital [Member]	Treasury Stock, Common [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Noncontrolling Interest [Member]	Total
Balance (in shares) at Jan. 29, 2022	99,071,000
Balance at Jan. 29, 2022	$ 770	$ (88)	$ 2,900	$ (343)	$ 4	$ 3,243
Balance (in shares) at Jan. 29, 2022		(2,050,000)
Restricted stock issued (in shares)	117,000
Restricted stock issued						0
Issued under director and stock plans (in shares)	228,000
Issued under director and stock plans	$ 7					7
Share-based compensation expense	31					31
Shares of common stock used to satisfy tax withholding obligations (in shares)		(40,000)
Shares of common stock used to satisfy tax withholding obligations		$ (1)				(1)
Share repurchases (in shares)		(4,050,000)
Share repurchases		$ (129)				(129)
Reissued - Employee Stock Purchase Plan ("ESPP")	$ (2)	$ 5				3
Reissued - Employee Stock Purchase Plan ("ESPP") (in shares)		120,000
Retirement of treasury stock (in shares)	(6,019,000)
Retirement of treasury stock	$ (46)	$ 213	(167)			0
Retirement of treasury stock (in shares)		6,019,000
Termination of joint venture					(3)	(3)
Net income (loss)			342		(1)	341
Cash dividends on common stock			(150)			(150)
Translation adjustment, net of tax				(41)		(41)
Change in fair value of derivatives, net of income tax benefit of $-, $- and $-, respectively				(3)		(3)
Pension and postretirement adjustments, net of tax				(5)		(5)
Balance (in shares) at Jan. 28, 2023	93,397,000
Balance at Jan. 28, 2023	$ 760	$ 0	2,925	(392)	0	3,293
Balance (in shares) at Jan. 28, 2023		(1,000)
Restricted stock issued (in shares)	678,000
Restricted stock issued						0
Issued under director and stock plans (in shares)	209,000
Issued under director and stock plans	$ 6					6
Share-based compensation expense	13					13
Shares of common stock used to satisfy tax withholding obligations (in shares)		(274,000)
Shares of common stock used to satisfy tax withholding obligations		$ (10)				(10)
Reissued - Employee Stock Purchase Plan ("ESPP")	$ (3)	$ 8				5
Reissued - Employee Stock Purchase Plan ("ESPP") (in shares)		215,000
Retirement of treasury stock (in shares)		0
Net income (loss)			(330)			(330)
Cash dividends on common stock			(113)			(113)
Translation adjustment, net of tax				(25)		(25)
Change in fair value of derivatives, net of income tax benefit of $-, $- and $-, respectively				1		1
Pension and postretirement adjustments, net of tax				50		50
Balance (in shares) at Feb. 03, 2024	94,284,000
Balance at Feb. 03, 2024	$ 776	$ (2)	2,482	(366)	0	$ 2,890
Balance (in shares) at Feb. 03, 2024		(60,000)				60,308
Restricted stock issued (in shares)	528,000
Issued under director and stock plans (in shares)	282,000
Issued under director and stock plans	$ 6					$ 6
Share-based compensation expense	21					21
Shares of common stock used to satisfy tax withholding obligations (in shares)		(205,000)
Shares of common stock used to satisfy tax withholding obligations		$ (5)				(5)
Reissued - Employee Stock Purchase Plan ("ESPP")	$ (1)	$ 3				2
Reissued - Employee Stock Purchase Plan ("ESPP") (in shares)		117,000
Retirement of treasury stock (in shares)		0
Net income (loss)			12			12
Translation adjustment, net of tax				(35)		(35)
Change in fair value of derivatives, net of income tax benefit of $-, $- and $-, respectively				2		2
Pension and postretirement adjustments, net of tax				16		16
Balance (in shares) at Feb. 01, 2025	95,094,000
Balance at Feb. 01, 2025	$ 802	$ (4)	$ 2,494	$ (383)	$ 0	$ 2,909
Balance (in shares) at Feb. 01, 2025		(148,000)				148,137

Note 3 - Segment Information - Long Lived Assets (Details) - USD ($) $ in Millions	Feb. 01, 2025	Feb. 03, 2024	Jan. 28, 2023
Total long-lived assets	$ 2,971	$ 3,118	$ 3,363
UNITED STATES
Total long-lived assets	1,983	2,025	2,152
Non-US [Member]
Total long-lived assets	$ 988	$ 1,093	$ 1,211

Note 22 - Share-based Compensation

12 Months Ended

Feb. 01, 2025

Notes to Financial Statements

Share-Based Payment Arrangement [Text Block]

22. Share-Based Compensation

Stock Awards

Under our amended and restated 2007 Stock Incentive Plan (the "2007 Stock Plan"), stock options, restricted stock, restricted stock units, stock appreciation rights, or other share-based awards may be granted to nonemployee directors, officers, and other employees, including our subsidiaries and operating divisions worldwide. Options for employees become exercisable in substantially equal annual installments over a three-year period, beginning with the first anniversary of the date of grant of the option, unless a shorter or longer duration is established at the time of the option grant. The options terminate ten years from the date of grant. In 2023, the 2007 Stock Plan was amended and restated to increase the number of shares of common stock reserved for all awards to 14 million shares. As of February 1, 2025, there were 10,347,840 shares available for issuance under this plan.

During 2022, the Company granted options and other awards to its President and Chief Executive Officer, Mary N. Dillon. These awards were granted outside of the 2007 Stock Incentive Plan as employment inducement awards and did not require shareholder approval under the rules of the New York Stock Exchange or otherwise. Shares available for future grant under this plan of 584,127 are reserved for the sole purpose to issue shares pursuant to her employment inducement awards.

Employees Stock Purchase Plan

Under the 2023 Foot Locker Employee Stock Purchase Plan ("2023 ESPP"), participating employees are able to contribute up to 10% of their annual compensation, not to exceed $25,000 in any plan year, through payroll deductions to acquire shares of our common stock at 85% of the lower market price on specified dates in each plan year. Participating employees are permitted to purchase shares in June and December of each year. Of the 3,000,000 shares of common stock authorized under the 2023 ESPP, there were 2,668,478 shares available for purchase as of February 1, 2025.

Share-Based Compensation Expense

($ in millions)	*2024*		2023		2022
Restricted stock units and performance stock units	$	19	$	9	$	26
Options and employee stock purchase plan		2		4		5
Total share-based compensation expense	$	21	$	13	$	31

Tax benefit recognized	$	3	$	2	$	3

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 officers and certain 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 granted in 2024 and 2023 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 these 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 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. 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 is summarized as follows:

	*Number of Shares*			*Weighted-Average Remaining Contractual Life*		*Weighted-Average Grant Date Fair Value*
	(in thousands)			(in years)		(per share)
Nonvested at beginning of year		1,378				$	38.81
Granted		1,383					29.00
Vested		(535	)				47.29
Performance adjustment ⁽¹⁾		(495	)
Forfeited		(128	)				32.25
Nonvested at February 1, 2025		1,603			0.9	$	30.65

Aggregate value ($ in millions)	$	49

⁽¹⁾	This represents adjustments made to PSU awards reflecting changes in estimates based upon our current performance against predefined financial and market targets.

The total fair value of awards vested was $25 million, $23 million, and $6 million, for 2024, 2023, and 2022, respectively. Unrecognized compensation cost at February 1, 2025 was $26 million.

Stock Options

Effective in 2024, we no longer issue stock option grants. The table below provides activity for existing stock option awards for 2024:

	*Number of Shares*			*Weighted- Average Remaining Contractual Life*		*Weighted- Average Exercise Price*
	(in thousands)			(in years)		(per share)
Options outstanding at the beginning of the year		2,738				$	48.23
Exercised		(257	)				21.63
Expired or cancelled		(392	)				53.54
Options outstanding at February 1, 2025		2,089			2.9	$	50.50
Options exercisable at February 1, 2025		1,844			2.2	$	52.32

The total fair value of options vested was $2 million, $5 million, and $4 million, during 2024, 2023, and 2022, respectively.

During the years ended February 1, 2025, February 3, 2024, and January 28, 2023, we received $5 million, $5 million, and $6 million, respectively, in cash from option exercises and the related tax benefit recognized were not significant. The total intrinsic value of options exercised, outstanding, and exercisable was not significant for any of the periods presented.

As of February 1, 2025, 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 1.0 year.

The following table summarizes information about stock options outstanding and exercisable at February 1, 2025:

	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		422		4.1	$	26.67		372	$	26.37
$36.49 - $46.64		506		5.8		40.68		311		41.82
$53.61 - $58.94		309		2.1		56.46		309		56.46
$62.02 - $72.83		852		0.8		65.97		852		65.97
		2,089		2.9	$	50.50		1,844	$	52.32

Note 21 - Retirement Plan and Other Benefits

12 Months Ended

Feb. 01, 2025

Notes to Financial Statements

Retirement Benefits [Text Block]

21. Retirement Plans and Other Benefits

Pension and Other Postretirement Plans

We have defined benefit pension plans covering certain of our North American employees. In May 2019, the U.S. qualified pension plan was amended such that all employees who were not participants in the plan as of December 31, 2019, will not become participants after such date. All benefit accruals were frozen as of December 31, 2019 for all plan participants with less than eleven years of service as of that date. For participants with more than eleven years of service as of December 31, 2019, benefit accruals were frozen as of December 31, 2022. Participants continue to accrue interest at a fixed rate of 6% per year.

We also sponsor postretirement medical and life insurance plans, which are available to most of our retired U.S. employees. These plans are contributory, are not funded and are not significant.

The following tables set forth the plans' changes in benefit obligations and plan assets, funded status, and amounts recognized in the Consolidated Balance Sheets related to our pension plans:

($ in millions)	*2024*			2023
Change in benefit obligation:
Benefit obligation at beginning of year	$	431		$	566
Service cost		4			6
Interest cost		21			27
Actuarial gains		(20	)		(6	)
Foreign currency translation adjustments		(3	)		—
Benefits paid		(35	)		(35	)
Settlement		(1	)		(127	)
Benefit obligation at end of year	$	397		$	431

Change in plan assets:
Fair value of plan assets at beginning of year	$	394		$	546
Actual return on plan assets		14			4
Employer contributions		4			3
Foreign currency translation adjustments		(3	)		—
Benefits paid		(35	)		(35	)
Settlement		(1	)		(124	)
Fair value of plan assets at end of year	$	373		$	394

Funded status	$	(24	)	$	(37	)

Amounts recognized on the balance sheet:
Other assets	$	4		$	4
Accrued and other liabilities		(3	)		(3	)
Other liabilities		(25	)		(38	)
	$	(24	)	$	(37	)

The Canadian qualified pension plan's assets exceeded its accumulated benefit obligation for both 2024 and 2023. Our non-qualified pension plans have an accumulated benefit obligation in excess of plan assets, as these plans are unfunded. Accordingly, the table below reflects the U.S. qualified and non-qualified plans.

($ in millions)	*2024*		2023
Projected benefit obligation	$	370	$	400
Accumulated benefit obligation		370		400
Fair value of plan assets		342		359

The following table provides the amounts recognized in AOCL on a pre-tax basis related to the pension plans:

($ in millions)
Net actuarial loss at beginning of year	$	262
Amortization of net loss		(7	)
Gain arising during the year		(13	)
Foreign currency fluctuations		(2	)
Net actuarial loss at end of year	$	240

The actuarial gains recognized during 2024 were primarily driven by an increase in discount rates applied against future expected benefit payments, which resulted in a decrease in the benefit obligation for the pension benefit plans, partially offset by lower actual return as compared with the expected return on plan assets.

During the fourth quarter of 2023, as part of our efforts to reduce pension plan obligations, we transferred approximately $109 million of our U.S. Qualified pension plan registered assets and liabilities to an insurance company through the purchase of a group annuity contract, under which an insurance company is required to directly pay and administer pension payments to certain of our pension plan participants, or their designated beneficiaries. In connection with this transaction, we recorded a non-cash pretax settlement charge of $75 million in 2023. The settlement charge was calculated based on the total of the lump sum payments and the amount paid to the insurance company. This settlement charge accelerated the recognition of previously unrecognized losses in AOCL. In 2024, the U.S. non-qualified plan recognized a $1 million settlement of its benefit obligation, for which the AOCL gain was insignificant.

The following weighted-average assumptions were used to determine the benefit obligations under the plans:

	*2024*			2023
Discount rate		5.5	%		5.2	%
Rate of compensation increase ⁽¹⁾		3.0	%		3.0	%

⁽¹⁾	The rate of compensation increase relates only to Canadian pension plan, as the other plans are frozen.

Pension expense is actuarially calculated annually based on data available at the beginning of each year. The expected return on plan assets is determined by multiplying the expected long-term rate of return on assets by the market-related value of plan assets for the U.S. qualified pension plan and market value for the Canadian qualified pension plan. The market-related value of plan assets is a calculated value that recognizes investment gains and losses in fair value related to equities over three or five years, depending on which computation results in a market-related value closer to market value. Market-related value for the U.S. qualified plan was $364 million and $513 million for 2024 and 2023, respectively.

Assumptions used in the calculation of net benefit cost include the discount rate selected and disclosed at the end of the previous year, as well as other assumptions detailed in the table below:

	*2024*			2023			2022
Discount rate		5.2	%		5.0	%		3.2	%
Rate of compensation increase ⁽¹⁾		3.0	%		3.0	%		3.6	%
Expected long-term rate of return on assets		5.6	%		5.6	%		4.8	%

⁽¹⁾	The rate of compensation increase relates only to Canadian pension plan, as the other plans are frozen.

The expected long-term rate of return on invested plan assets is based on the plans' weighted-average target asset allocation, as well as historical and future expected performance of those assets. The target asset allocation is selected to obtain an investment return that is sufficient to cover the expected benefit payments and to reduce the variability of our future contributions.

The following are the components of net periodic pension benefit cost. Service cost is recognized as a component of SG&A and the remaining pension and postretirement expense components are recognized as part of Other (expense) income, net.

($ in millions)	*2024*			2023			2022
Service cost	$	4		$	6		$	14
Interest cost		21			27			21
Expected return on plan assets		(21	)		(29	)		(31	)
Amortization of net loss		7			11			10
Settlement charge		—			75			—
Net benefit expense	$	11		$	90		$	14

The mortality assumption used to value the 2024 and 2023 U.S. pension obligations was the Pri-2012 mortality table with generational projection using MP-2021 for both males and females. For years ended February 1, 2025 and February 3, 2024, we used the 2014 CPM Private Sector mortality table projected generationally with Scale CPM-B for both males and females to value its Canadian pension obligations

Plan Assets

In late 2024, we adjusted the target composition of our U.S. qualified pension plan assets to 50% fixed-income securities, 47.5% equities and mutual funds, and 2.5% real estate (as compared with the prior allocation of 70% fixed-income securities, 28.5% equities, and 1.5% real estate). This current asset allocation may increase volatility with regard to the funded status of the plan and may reduce pension expense due to the higher long-term rate of return associated with a larger portion of equities in the asset portfolio. We may alter the asset allocation targets from time to time depending on market conditions and the funding requirements of the pension plan. The target composition of our Canadian qualified pension plan assets is 95% fixed-income securities and 5% equities. We believe plan assets are invested in a conservative manner with the same overall objective and investment strategy as for the U.S. pension plan. The bond portfolio is comprised of government and corporate bonds chosen to match the duration of the pension plan's benefit payment obligations. This current asset allocation will limit future volatility. Due to market conditions and other factors, actual asset allocations may vary from the target allocation outlined above.

We believe plan assets are invested in an appropriate manner with an objective of providing a total return that, over the long term, provides sufficient assets to fund benefit obligations, taking into account our expected contributions and the level of funding risk deemed appropriate. Our investment strategy seeks to diversify assets among classes of investments with differing rates of return, volatility, and correlation in order to reduce funding risk. Diversification within asset classes is also utilized to ensure that there are no significant concentrations of risk in plan assets and to reduce the effect that the return on any single investment may have on the entire portfolio.

Valuation of Investments

Commingled trust funds are valued at the net asset value of units held by the plan at year end. Stocks and mutual funds traded on U.S. and Canadian security exchanges are valued at closing market prices on the measurement date. Each category of U.S. and Canadian plan assets is classified within the same level of the fair value hierarchy for 2024 and 2023.

The fair values of the U.S. pension plan assets at February 1, 2025 and February 3, 2024 were as follows:

($ in millions)	*Level 1*		*Level 2*		*Level 3*		*2024 Total*		2023 Total
Cash	$	1	$	—	$	—	$	1	$	1
Cash equivalents		—		1		—		1		3
Commingled funds:
Equity securities		—		111		—		111		91
Fixed-income securities		—		165		—		165		241
Real estate securities		—		8		—		8		5
Corporate stock		8		—		—		8		11
Mutual funds		48		—		—		48		7
Total assets at fair value	$	57	$	285	$	—	$	342	$	359

The fair values of the Canadian pension plan assets at February 1, 2025 and February 3, 2024 were as follows:

($ in millions)	*Level 1*		*Level 2*		*Level 3*		*2024 Total*		2023 Total
Cash equivalents	$	—	$	6	$	—	$	6	$	7
Equity securities:
Canadian and international		2		—		—		2		3
Fixed-income securities:
Cash matched bonds		—		23		—		23		25
Total assets at fair value	$	2	$	29	$	—	$	31	$	35

Contributions and Expected Payments

Contributions to the U.S. qualified pension plan were not required in 2024 and 2023. In early 2025 we made a $20 million contribution to the U.S. qualified pension plan to improve the Plan's funded status and to reduce the Plan's administrative costs. We will continue to evaluate the amount and timing of any potential future contributions based on market conditions and other factors. We paid $4 million and $3 million in 2024 and 2023, respectively, related to our unfunded non-qualified pension plans.

Estimated future benefit payments for each of the next five years and the five years thereafter are as follows:

($ in millions)
2025	$	51
2026		34
2027		33
2028		32
2029		31
2030 - 2034		145

Savings Plans

We have a 401(k) plan that is available to employees whose primary place of employment is the U.S., and another plan that is available to employees whose primary place of employment is in Puerto Rico. Additionally, we are the sponsor of the 401(k) plan for WSS employees. The charges for matching contributions were not significant for any of the periods presented.

- 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
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-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)
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-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
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-Paragraph 1
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Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (l)
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-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
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-Paragraph 1
-Subparagraph (o)
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Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
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-Name Accounting Standards Codification
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
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-Name Accounting Standards Codification
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Reference 12: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
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-Paragraph 1
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
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-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
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-Section 50
-Paragraph 3
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480266/715-60-50-3

+ Details

Note 7 - Assets and Liabilities Held-for-sale

12 Months Ended

Feb. 01, 2025

Notes to Financial Statements

Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]

7. Assets and Liabilities Held-for-Sale

During the third quarter of 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 determined that the assets and liabilities of the businesses met the criteria to be presented as "held-for-sale" on the Condensed Consolidated Balance Sheet as of February 1, 2025. We do not believe the sale will be significant to our financial results.

The table below presents the carrying amounts of assets and liabilities held-for-sale.

	*February 1,*
($ in millions)	*2025*
Assets:
Merchandise inventories	$	2
Property and equipment, net		2
Operating lease right-of-use assets		5
Other assets		1
Total assets held-for-sale	$	10

Liabilities:
Accrued and other liabilities	$	1
Current portion of lease obligations		1
Long-term lease obligations		4
Total liabilities held-for-sale	$	6

Note 1 - Summary of Significant Accounting Policies - Reconciliation of Cash (Details) - USD ($)
$ in Millions

Feb. 01, 2025

Feb. 03, 2024

Jan. 28, 2023

Cash and cash equivalents (1)

^[1]

$ 401

$ 297

$ 536

Restricted cash included in other current assets

Restricted cash included in other non-current assets

Cash, cash equivalents, and restricted cash

$ 430

$ 334

$ 582

[1]	Includes cash equivalents of $41 million, $40 million, and $41 million as of February 1, 2025, February 3, 2024, and January 28, 2023, respectively.

Note 17 - Accumulated Other Comprehensive Loss - Schedule of Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Millions	Feb. 01, 2025	Feb. 03, 2024	Jan. 28, 2023
Foreign currency translation adjustments	$ (208)	$ (173)	$ (148)
Hedge contracts	0	(2)	(3)
Unrecognized pension cost and postretirement benefit	(175)	(191)	(241)
Accumulated Other Comprehensive Loss	$ (383)	$ (366)	$ (392)

- Definition

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

+ References + Details

Note 1 - Summary of Significant Accounting Policies - Advertising Costs (Details) - USD ($) $ in Millions	12 Months Ended
	Feb. 01, 2025	Feb. 03, 2024	Jan. 28, 2023
Advertising expenses	$ 248	$ 216	$ 222
Cooperative advertising reimbursements	(50)	(35)	(37)
Net advertising expense	$ 198	$ 181	$ 185

Note 12 - Accrued and Other Liabilities

12 Months Ended

Feb. 01, 2025

Notes to Financial Statements

Accounts Payable, Accrued Liabilities, and Other Liabilities Disclosure, Current [Text Block]

12. Accrued and Other Liabilities

	*February 1,*		February 3,
($ in millions)	*2025*		2024
Other payroll and payroll related costs, excluding taxes	$	65	$	72
Taxes other than income taxes		52		60
Loyalty program		48		31
Property and equipment ⁽¹⁾		44		48
Incentive bonuses		35		11
Rent related costs		31		33
Customer deposits		31		31
Advertising		22		31
Other		106		111
	$	434	$	428

⁽¹⁾	Accruals for property and equipment are excluded from the Statements of Cash Flows for all years presented.

Note 14 - Long-term Debt and Obligations Under Finance Leases (Tables)

12 Months Ended

Feb. 01, 2025

Notes Tables

Schedule of Debt [Table Text Block]

	*February 1,*		February 3,
($ in millions)	*2025*		2024
4% Senior Notes due 2029	$	396	$	395
Obligations under finance leases		50		52
	$	446	$	447
Current portion of debt and obligations under finance leases		5		5
	$	441	$	442

Note 7 - Assets and Liabilities Held-for-sale (Details Textual)	Aug. 31, 2024
South East Europe [Member]
Number of Countries, Future Licensing Presence	6

Consolidated Statements of Cash Flows - USD ($)
$ in Millions

12 Months Ended

Feb. 01, 2025

Feb. 03, 2024

Jan. 28, 2023

From operating activities:

Net income (loss)

$ 12

$ (330)

$ 341

Adjustments to reconcile net income to net cash from operating activities:

Depreciation and amortization

202

199

208

Non-cash impairment and other

Impairment and fair value adjustment in minority investments

478

Share-based compensation expense

Deferred income taxes

(28)

(136)

Pension settlement charge

Fair value change in contingent consideration

(4)

(31)

Gain on sales of businesses

(3)

(19)

Gain on sale of property

(3)

Change in assets and liabilities:

Merchandise inventories

(40)

120

(397)

Accounts payable

(122)

(101)

Accrued and other liabilities

(109)

(1)

Other, net

(127)

(7)

Net cash provided by operating activities

345

173

From investing activities:

Capital expenditures

^[1]

(240)

(242)

(285)

Minority investments

(1)

(2)

(5)

Proceeds from minority investments

Purchase of business, net of cash acquired

(14)

Proceeds from sales of businesses

Proceeds from sale of property

Net cash used in investing activities

(240)

(222)

(162)

From financing activities:

Payment of long-term debt and obligations under finance leases

(6)

Shares of common stock repurchased to satisfy tax withholding obligations

(5)

(10)

(1)

Payment of debt issuance costs

(4)

Proceeds from exercise of stock options

Treasury stock reissued under employee stock plan

Repayment of the revolving credit facility

(146)

Dividends paid on common stock

(113)

(150)

Proceeds from the revolving credit facility

146

Purchase of treasury shares

(129)

Purchase of non-controlling interest

(2)

Net cash used in financing activities

(7)

(120)

(279)

Effect of exchange rate fluctuations on cash, cash equivalents, and restricted cash

(2)

Net change in cash, cash equivalents, and restricted cash

(248)

(268)

Cash, cash equivalents, and restricted cash at beginning of year

334

582

850

Cash, cash equivalents, and restricted cash at end of period

430

334

582

Supplemental information:

Interest paid

Income taxes paid

153

Cash paid for amounts included in measurement of operating lease liabilities

723

681

704

Cash paid for amounts included in measurement of finance lease liabilities

Right-of-use assets obtained in exchange for operating lease obligations

484

295

458

Assets obtained in exchange for finance lease obligations

$ 4

$ 1

$ 0

[1]	Represents cash capital expenditures for all years presented.

Note 6 - Merchandise Inventories

12 Months Ended

Feb. 01, 2025

Notes to Financial Statements

Inventory Disclosure [Text Block]

6. Merchandise Inventories

	*February 1,*		February 3,
($ in millions)	*2025*		2024
LIFO inventories	$	965	$	956
FIFO inventories		560		553
Total merchandise inventories	$	1,525	$	1,509

The value of our LIFO inventories as calculated on a LIFO basis, approximates their value as calculated on a FIFO basis.

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

12 Months Ended

Feb. 01, 2025

Feb. 03, 2024

Jan. 28, 2023

Total sales

$ 7,988

$ 8,168

$ 8,759

Sales Revenue [Member]

Total sales

7,971

8,154

8,747

Sales Revenue [Member] | North America [Member]

Total sales

5,771

5,866

6,423

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

Total sales

3,227

3,205

3,304

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

Total sales

1,155

1,304

1,681

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

Total sales

727

716

708

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

Total sales

660

640

604

Sales Revenue [Member] | North America [Member] | Other Operating Segment [Member]

Total sales

126

Sales Revenue [Member] | EMEA [Member]

Total sales

1,735

1,723

1,722

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

Total sales

^[1]

1,735

1,697

1,628

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

Total sales

Sales Revenue [Member] | Asia Pacific [Member]

Total sales

465

565

602

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

Total sales

327

387

414

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

Total sales

$ 138

$ 178

$ 188

[1]	Includes sales from 7, 13, and 16 Kids Foot Locker stores operating in Europe as of February 1, 2025, February 3, 2024, and January 28, 2023, respectively.

Note 11 - Other Assets - Other Assets (Details) (Parentheticals)	Feb. 01, 2025	Feb. 03, 2024
Derivative Asset, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Other Assets, Noncurrent	Other Assets, Noncurrent

Note 15 - Other Liabilities - Other Liabilities (Details) - USD ($) $ in Millions	Feb. 01, 2025	Feb. 03, 2024
Deferred taxes	$ 149	$ 140
Pension benefits	25	38
Income taxes	24	31
Other	39	32
Other Liabilities, Noncurrent	$ 237	$ 241

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

12 Months Ended

Feb. 01, 2025

Feb. 03, 2024

Jan. 28, 2023

Total revenue

$ 7,988

$ 8,168

$ 8,759

Less: Impairment and other (7)

112

Income from operations

103

142

581

Interest expense, net

(8)

(9)

(15)

Other (expense) income, net

(44)

(556)

(42)

Income (loss) from continuing operations before income taxes

(423)

524

Operating Segments [Member]

Total revenue

7,988

8,168

8,759

Cost of merchandise (1)

^[1]

4,674

4,866

4,920

Occupancy and buyers' compensation (2)

^[2]

992

1,029

1,035

Store employee wages (3)

^[3]

862

861

849

Marketing expenses (4)

^[4]

198

181

184

Technology expenses (5)

^[5]

282

254

250

Other division expenses, net (6)

^[6]

730

713

677

Division profit

250

264

844

Less: Impairment and other (7)

^[7]

112

Less: Corporate expense (8)

^[8]

151

Income from operations

103

142

581

Interest expense, net

(8)

(9)

(15)

Other (expense) income, net

^[9]

(44)

(556)

(42)

Income (loss) from continuing operations before income taxes

(423)

524

Sales Revenue [Member]

Total revenue

7,971

8,154

8,747

Sales Revenue [Member] | Operating Segments [Member]

Total revenue

7,971

8,154

8,747

License [Member]

Total revenue

License [Member] | Operating Segments [Member]

Total revenue

$ 17

$ 14

$ 12

[1]	Cost of merchandise consists of inventory costs, freight, distribution costs including related depreciation expense, shipping and handling costs and is recorded net of amounts received from suppliers for damaged product returns, markdown allowances, and volume rebates.
[2]	Occupancy and buyers' compensation consists of rent (including fixed common area maintenance charges and other fixed non-lease components), real estate taxes, general maintenance, and utilities, as well as buyers' compensation.
[3]	Store employee wages consist of employee salary, overtime, vacation, short-term disability, benefits, bonus/awards and employer payroll taxes. Amount for 2023 does not include expenses incurred during the 53rd week.
[4]	Marketing expenses consist of certain advertising expenses, which includes digital and search engine marketing, related professional fees, and other costs to promote our brands, net of reimbursements for cooperative advertising. Amount for 2023 does not include expenses incurred during the 53rd week.
[5]	Technology expenses primarily represent software as a service, engineering and operations, infrastructure, professional fees, and other costs to operate our store, e-commerce, supply chain, and corporate functions. Technology expenses exclude costs incurred by the WSS and atmos banners. Amount for 2023 does not include expenses incurred during the 53rd week.
[6]	Other division expenses, net represents all other division expenses that are not significant expenses or regularly presented to our CEO. These expenses include depreciation and amortization and other selling, general and administrative expenses, which primarily consist of corporate personnel, certain advertising costs, sales transaction fees, and other store and e-commerce expenses. The 2023 amount includes expenses related to the 53rd week that are not included in the above captions.
[7]	See Note 4, Impairment and Other for additional information on these amounts.
[8]	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. The allocation of corporate expense to the operating divisions is adjusted annually based upon an internal study.
[9]	See Note 5, Other (Expense) Income, net for additional information on these amounts.

Note 20 - Fair Value Measurements

12 Months Ended

Feb. 01, 2025

Notes to Financial Statements

Fair Value Disclosures [Text Block]

20. Fair Value Measurements

We categorize our financial instruments into a three-level fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The fair value hierarchy gives the highest priority to quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). If the inputs used to measure fair value fall within different levels of the hierarchy, the category level is based on the lowest priority level input that is significant to the fair value measurement of the instrument.

Fair value is determined based upon the exit price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants exclusive of any transaction costs. Our financial assets recorded at fair value are categorized as follows:

Level 1 -

Quoted prices for identical instruments in active markets.

Level 2 -

Observable inputs other than quoted prices included within Level 1, including quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations in which all significant inputs or significant value-drivers are observable in active markets.

Level 3 -

Model-derived valuations in which one or more significant inputs or significant value-drivers are unobservable.

Our auction rate security, classified as available-for-sale, is recorded within Other assets on the Consolidated Balance Sheet and is recorded at fair value with gains and losses reported in Other (expense) income, net in our Consolidated Statements of Operations. The fair value of the auction rate security is determined by using quoted prices for similar instruments in active markets and accordingly is classified as a Level 2 instrument.

Our derivative financial instruments are valued using market-based inputs to valuation models. These valuation models require a variety of inputs, including contractual terms, market prices, yield curves, and measures of volatility and therefore are classified as Level 2 instruments.

Assets and Liabilities Measured at Fair Value on a Recurring Basis

($ in millions)	*February 1, 2025*						February 3, 2024
	*Level 1*		*Level 2*		*Level 3*		Level 1		Level 2		Level 3
Assets:
Available-for-sale security	$	—	$	6	$	—	$	—	$	6	$	—
Foreign exchange forward contracts		—		1		—		—		1		—
Cross-currency swap contract		—		13		—		—		7		—
Total assets	$	—	$	20	$	—	$	—	$	14	$	—

Liabilities measured at fair value were insignificant for both 2024 and 2023. There were no transfers into or out of Level 1, Level 2, or Level 3 for any of the periods presented.

Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis

Certain assets and liabilities are measured at fair value on a nonrecurring basis. Assets and liabilities recognized or disclosed at fair value on the consolidated financial statements on a nonrecurring basis include items such as property, plant and equipment, operating lease right-of-use assets, goodwill, other intangible assets, and minority investments that are not accounted for under the equity method of accounting. These assets are measured using Level 3 inputs, if determined to be impaired.

During the third quarter of 2024, we recorded $25 million of impairment on the atmos tradename following a strategic review of the atmos business. We calculated the fair value using a discounted cash flow method, based on the relief from royalty method, which uses estimates of future growth and trends, royalty rates in the category of intellectual property, discount rates, and other variables.

We have a minority investment that is accounted for using the fair value measurement alternative. During the third quarter of 2024, we recognized a $35 million non-cash impairment charge related to our investment, thereby reducing the carrying value to $98 million due to an evaluation of events that indicated that the carrying value of the investment was impaired. We estimated the fair value using a discounted cash flow approach, which considered forecasted cash flows provided by the investee's management, as well as assumptions over discount rates and terminal values.

As of February 1, 2025, cumulative impairments on our portfolio of minority investments were $566 million.

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.

	*February 1,*		February 3,
($ in millions)	*2025*		2024
Carrying value ⁽¹⁾	$	396	$	395
Fair value	$	344	$	337

⁽¹⁾	The carrying value of debt as of February 1, 2025 and February 3, 2024, included $4 million and $5 million, respectively, of issuer's discount and costs related to 4% Notes due in 2029.

The carrying values of cash and cash equivalents, restricted cash, 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

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 100
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482078/820-10-55-100

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2E
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2E

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (g)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 940
-SubTopic 820
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478119/940-820-50-1

+ Details

Note 22 - Share-based Compensation - Schedule of Share-based Payment Award Options (Details) shares in Thousands	12 Months Ended
	Feb. 01, 2025 $ / 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	(257)
Exercised, weighted average exercise price (in dollars per share) \| $ / shares	$ 21.63
Expired or cancelled (in shares) \| shares	(392)
Expired or cancelled, weighted average exercise price (in dollars per share) \| $ / shares	$ 53.54
Balance, options outstanding (in shares) \| shares	2,089
Options Outstanding Weighted Average Remaining (Year)	2 years 10 months 24 days
Balance, options outstanding, weighted average exercise price (in dollars per share) \| $ / shares	$ 50.5
Balance, options exercisable (in shares) \| shares	1,844
Options, Exercisable, Weighted Average Remaining (Year)	2 years 2 months 12 days
Award Options Exercisable Weighted Average Exercise Price (in dollars per share) \| $ / shares	$ 52.32

Note 18 - Income Taxes - Reconciliation of Statutory Federal Income Tax Rate and Effective Income Tax Rate (Details)	12 Months Ended
	Feb. 01, 2025	Feb. 03, 2024	Jan. 28, 2023
Federal statutory income tax rate	21.00%	21.00%	21.00%
Increase in valuation allowance	36.00%	(0.60%)	2.60%
State and local income taxes, net of federal tax benefit	15.20%	5.40%	5.00%
International income taxed at varying rates	(11.60%)	(4.40%)	8.40%
Foreign tax credits	0.60%	1.40%	(3.60%)
Domestic/foreign tax settlements	0.00%	1.00%	(0.50%)
Federal tax credits	(4.40%)	0.50%	(0.40%)
Foreign deferred adjustment	0.00%	(2.00%)	0.00%
Compensation based adjustments	7.60%	(0.30%)	1.20%
Other, net	0.20%	0.00%	0.60%
Effective income tax rate	64.60%	22.00%	34.30%

Note 20 - Fair Value Measurements (Details Textual) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Feb. 03, 2024	Feb. 01, 2025	Feb. 03, 2024	Jan. 28, 2023
Impairment of Intangible Assets, Indefinite-Lived (Excluding Goodwill)		$ 25,000	$ 9,000	$ 8,000
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net	$ 5,000	$ 4,000	$ 5,000
Senior Notes Due2029 [Member]
Debt Instrument, Interest Rate, Stated Percentage	4.00%	4.00%	4.00%
Minority Investment [Member]
Gain (Loss) on Investments	$ (478,000)	$ (35,000)	$ (478,000)	$ (61,000)
Equity Method Investments, Fair Value Disclosure		98,000
Other Asset Impairment Charges		566,000
Fair Value, Inputs, Level 1, Level 2, and Level 3 [Member]
Fair Value, Assets, Level 1 to Level 2 Transfers	$ 0	$ 0	$ 0

Note 21 - Retirement Plans and Other Benefits - Summary of Pension Plan Assets (Details) - USD ($) $ in Millions	Feb. 01, 2025	Feb. 03, 2024
UNITED STATES
Fair value of Plan Assets	$ 342	$ 359
Foreign Plan [Member]
Fair value of Plan Assets	31	35
Defined Benefit Plan, Cash [Member] \| UNITED STATES
Fair value of Plan Assets	1	1
Defined Benefit Plan Cash And Cash Equivalents Canada [Member] \| Foreign Plan [Member]
Fair value of Plan Assets	6	7
Defined Benefit Plan, Cash and Cash Equivalents [Member] \| UNITED STATES
Fair value of Plan Assets	1	3
Defined Benefit Plan, Equity Securities, Non-US [Member] \| Foreign Plan [Member]
Fair value of Plan Assets	2	3
Defined Benefit Plan, Equity Securities, US [Member] \| UNITED STATES
Fair value of Plan Assets	111	91
Debt Securities [Member] \| Foreign Plan [Member]
Fair value of Plan Assets	23	25
Fixed Income Securities Long Term Corporate And Government Bonds [Member] \| UNITED STATES
Fair value of Plan Assets	165	241
Employee Benefit Plan, Real Estate [Member] \| UNITED STATES
Fair value of Plan Assets	8	5
Defined Benefit Plan Equity Securities Corporate Stock [Member] \| UNITED STATES
Fair value of Plan Assets	8	11
Mutual Fund [Member] \| UNITED STATES
Fair value of Plan Assets	48	$ 7
Fair Value, Inputs, Level 1 [Member] \| UNITED STATES
Fair value of Plan Assets	57
Fair Value, Inputs, Level 1 [Member] \| Foreign Plan [Member]
Fair value of Plan Assets	2
Fair Value, Inputs, Level 1 [Member] \| Defined Benefit Plan, Cash [Member] \| UNITED STATES
Fair value of Plan Assets	1
Fair Value, Inputs, Level 1 [Member] \| Defined Benefit Plan Cash And Cash Equivalents Canada [Member] \| Foreign Plan [Member]
Fair value of Plan Assets	0
Fair Value, Inputs, Level 1 [Member] \| Defined Benefit Plan, Cash and Cash Equivalents [Member] \| UNITED STATES
Fair value of Plan Assets	0
Fair Value, Inputs, Level 1 [Member] \| Defined Benefit Plan, Equity Securities, Non-US [Member] \| Foreign Plan [Member]
Fair value of Plan Assets	2
Fair Value, Inputs, Level 1 [Member] \| Defined Benefit Plan, Equity Securities, US [Member] \| UNITED STATES
Fair value of Plan Assets	0
Fair Value, Inputs, Level 1 [Member] \| Debt Securities [Member] \| Foreign Plan [Member]
Fair value of Plan Assets	0
Fair Value, Inputs, Level 1 [Member] \| Fixed Income Securities Long Term Corporate And Government Bonds [Member] \| UNITED STATES
Fair value of Plan Assets	0
Fair Value, Inputs, Level 1 [Member] \| Employee Benefit Plan, Real Estate [Member] \| UNITED STATES
Fair value of Plan Assets	0
Fair Value, Inputs, Level 1 [Member] \| Defined Benefit Plan Equity Securities Corporate Stock [Member] \| UNITED STATES
Fair value of Plan Assets	8
Fair Value, Inputs, Level 1 [Member] \| Mutual Fund [Member] \| UNITED STATES
Fair value of Plan Assets	48
Fair Value, Inputs, Level 2 [Member] \| UNITED STATES
Fair value of Plan Assets	285
Fair Value, Inputs, Level 2 [Member] \| Foreign Plan [Member]
Fair value of Plan Assets	29
Fair Value, Inputs, Level 2 [Member] \| Defined Benefit Plan, Cash [Member] \| UNITED STATES
Fair value of Plan Assets	0
Fair Value, Inputs, Level 2 [Member] \| Defined Benefit Plan Cash And Cash Equivalents Canada [Member] \| Foreign Plan [Member]
Fair value of Plan Assets	6
Fair Value, Inputs, Level 2 [Member] \| Defined Benefit Plan, Cash and Cash Equivalents [Member] \| UNITED STATES
Fair value of Plan Assets	1
Fair Value, Inputs, Level 2 [Member] \| Defined Benefit Plan, Equity Securities, Non-US [Member] \| Foreign Plan [Member]
Fair value of Plan Assets	0
Fair Value, Inputs, Level 2 [Member] \| Defined Benefit Plan, Equity Securities, US [Member] \| UNITED STATES
Fair value of Plan Assets	111
Fair Value, Inputs, Level 2 [Member] \| Debt Securities [Member] \| Foreign Plan [Member]
Fair value of Plan Assets	23
Fair Value, Inputs, Level 2 [Member] \| Fixed Income Securities Long Term Corporate And Government Bonds [Member] \| UNITED STATES
Fair value of Plan Assets	165
Fair Value, Inputs, Level 2 [Member] \| Employee Benefit Plan, Real Estate [Member] \| UNITED STATES
Fair value of Plan Assets	8
Fair Value, Inputs, Level 2 [Member] \| Defined Benefit Plan Equity Securities Corporate Stock [Member] \| UNITED STATES
Fair value of Plan Assets	0
Fair Value, Inputs, Level 2 [Member] \| Mutual Fund [Member] \| UNITED STATES
Fair value of Plan Assets	0
Fair Value, Inputs, Level 3 [Member] \| UNITED STATES
Fair value of Plan Assets	0
Fair Value, Inputs, Level 3 [Member] \| Foreign Plan [Member]
Fair value of Plan Assets	0
Fair Value, Inputs, Level 3 [Member] \| Defined Benefit Plan, Cash [Member] \| UNITED STATES
Fair value of Plan Assets	0
Fair Value, Inputs, Level 3 [Member] \| Defined Benefit Plan Cash And Cash Equivalents Canada [Member] \| Foreign Plan [Member]
Fair value of Plan Assets	0
Fair Value, Inputs, Level 3 [Member] \| Defined Benefit Plan, Cash and Cash Equivalents [Member] \| UNITED STATES
Fair value of Plan Assets	0
Fair Value, Inputs, Level 3 [Member] \| Defined Benefit Plan, Equity Securities, Non-US [Member] \| Foreign Plan [Member]
Fair value of Plan Assets	0
Fair Value, Inputs, Level 3 [Member] \| Defined Benefit Plan, Equity Securities, US [Member] \| UNITED STATES
Fair value of Plan Assets	0
Fair Value, Inputs, Level 3 [Member] \| Debt Securities [Member] \| Foreign Plan [Member]
Fair value of Plan Assets	0
Fair Value, Inputs, Level 3 [Member] \| Fixed Income Securities Long Term Corporate And Government Bonds [Member] \| UNITED STATES
Fair value of Plan Assets	0
Fair Value, Inputs, Level 3 [Member] \| Employee Benefit Plan, Real Estate [Member] \| UNITED STATES
Fair value of Plan Assets	0
Fair Value, Inputs, Level 3 [Member] \| Defined Benefit Plan Equity Securities Corporate Stock [Member] \| UNITED STATES
Fair value of Plan Assets	0
Fair Value, Inputs, Level 3 [Member] \| Mutual Fund [Member] \| UNITED STATES
Fair value of Plan Assets	$ 0