XML 44 R27.htm IDEA: XBRL DOCUMENT v3.6.0.2
Debt (Tables)
 12 Months Ended
Jan. 29, 2017
Debt Disclosure [Abstract]  
Short-Term Debt
Short-Term Debt under the commercial paper programs was as follows (amounts in millions):
 
Fiscal Year Ended
 
January 29,
2017
 
January 31,
2016
Balance outstanding at fiscal year-end
$
710

 
$
350

Maximum amount outstanding at any month-end
$
710

 
$
350

Average daily short-term borrowings
$
51

 
$
69

Weighted average interest rate
0.63
%
 
0.34
%
Long-Term Debt
The Company’s Long-Term Debt at the end of fiscal 2016 and 2015 consisted of the following (amounts in millions):
 
January 29,
2017
 
January 31,
2016
5.40% Senior Notes; due March 1, 2016; interest payable semi-annually on
March 1 and September 1
$
—

 
$
3,010

Floating Rate Senior Notes; due September 15, 2017; interest payable quarterly on March 15, June 15, September 15 and December 15
499

 
499

2.25% Senior Notes; due September 10, 2018; interest payable semi-annually on
March 10 and September 10
1,151

 
1,156

2.00% Senior Notes; due June 15, 2019; interest payable semi-annually on
June 15 and December 15
996

 
994

3.95% Senior Notes; due September 15, 2020; interest payable semi-annually on
March 15 and September 15
509

 
524

4.40% Senior Notes; due April 1, 2021; interest payable semi-annually on
April 1 and October 1
997

 
996

2.00% Senior Notes; due April 1, 2021; interest payable semi-annually on
April 1 and October 1
1,341

 
—

2.625% Senior Notes; due June 1, 2022; interest payable semi-annually on
June 1 and December 1
1,241

 
1,240

2.70% Senior Notes; due April 1, 2023; interest payable semi-annually on
April 1 and October 1
996

 
995

3.75% Senior Notes; due February 15, 2024; interest payable semi-annually on
February 15 and August 15
1,092

 
1,091

3.35% Senior Notes; due September 15, 2025; interest payable semi-annually on
March 15 and September 15
994

 
993

3.00% Senior Notes; due April 1, 2026; interest payable semi-annually on
April 1 and October 1
1,286

 
—

2.125% Senior Notes; due September 15, 2026; interest payable semi-annually on March 15 and September 15
984

 
—

5.875% Senior Notes; due December 16, 2036; interest payable semi-annually on June 16 and December 16
2,947

 
2,946

5.40% Senior Notes; due September 15, 2040; interest payable semi-annually on
March 15 and September 15
495

 
495

5.95% Senior Notes; due April 1, 2041; interest payable semi-annually on
April 1 and October 1
988

 
988

4.20% Senior Notes; due April 1, 2043; interest payable semi-annually on
April 1 and October 1
988

 
987

4.875% Senior Notes; due February 15, 2044; interest payable semi-annually on February 15 and August 15
978

 
977

4.40% Senior Notes; due March 15, 2045; interest payable semi-annually on
March 15 and September 15
976

 
976

4.25% Senior Notes; due April 1, 2046; interest payable semi-annually on
April 1 and October 1
1,584

 
1,235

3.50% Senior Notes; due September 15, 2056; interest payable semi-annually on
March 15 and September 15
971

 
—

Capital Lease Obligations; payable in varying installments through January 31, 2055
878

 
763

Other
—

 
1

Total debt
22,891

 
20,866

Less current installments
542

 
77

Long-Term Debt, excluding current installments
$
22,349

 
$
20,789