Fair Value Measurements (Tables)

9 Months Ended

Nov. 02, 2013

Fair Value Measurements - Recurring Basis



Fair Value Measurements - Recurring Basis
	Fair Value at						Fair Value at						Fair Value at
	November 2, 2013						February 2, 2013						October 27, 2012
(millions)	Level 1		Level 2		Level 3		Level 1		Level 2		Level 3		Level 1		Level 2		Level 3
Assets
Cash and cash equivalents
Short-term investments	$	3	$	—	$	—	$	130	$	—	$	—	$	800	$	—	$	—
Other current assets
Interest rate swaps^(a)	—		2		—		—		4		—		—		11		—
Prepaid forward contracts	72		—		—		73		—		—		76		—		—
Beneficial interest asset^(b)	—		—		76		—		—		—		—		—		—
Other noncurrent assets
Interest rate swaps^(a)	—		68		—		—		85		—		—		90		—
Company-owned life insurance investments^(c)	—		302		—		—		269		—		—		258		—
Beneficial interest asset^(b)	—		—		67		—		—		—		—		—		—
Total	$	75	$	372	$	143	$	203	$	358	$	—	$	876	$	359	$	—
Liabilities
Other current liabilities
Interest rate swaps^(a)	$	—	$	—	$	—	$	—	$	2	$	—	$	—	$	4	$	—
Other noncurrent liabilities
Interest rate swaps^(a)	—		43		—		—		54		—		—		59		—
Total	$	—	$	43	$	—	$	—	$	56	$	—	$	—	$	63	$	—

^(a) See Note 5 for additional information on interest rate swaps.

^(b) A rollforward of the Level 3 beneficial interest asset is included in Note 2.

^(c) Company-owned life insurance investments consist of equity index funds and fixed income assets. Amounts are presented net of nonrecourse loans that are secured by some of these policies. These loan amounts totaled $794 million at November 2, 2013, $817 million at February 2, 2013 and $807 million at October 27, 2012.