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Share-Based Compensation (Tables) | 12 Months Ended
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Feb. 01, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] |
Summary of stock option activity |
Stock Option Activity | Stock Options
| Total Outstanding |  | Exercisable
| Number of Options (a) |  | Exercise Price (b) |  | Intrinsic Value (c) |  |  | Number of Options (a) |  | Exercise Price (b) |  | Intrinsic Value (c) |
February 2, 2013 | 34,458 |  | $ | 50.60 |  | $ | 366 |  |  | 21,060 |  | $ | 48.25 |  | $ | 273 |
Granted | 226 |  | 69.56 |  |  |  |  |  |  |  |  |  |
Expired/forfeited | (745 | ) | 53.14 |  |  |  |  |  |  |  |  |  |
Exercised/issued | (9,085 | ) | 46.51 |  |  |  |  |  |  |  |  |  |
February 1, 2014 | 24,854 |  | $ | 52.19 |  | $ | 136 |  |  | 16,824 |  | $ | 50.64 |  | $ | 109 |
(a) | In thousands.
(b) | Weighted average per share.
(c) | Represents stock price appreciation subsequent to the grant date, in millions.
Black Scholes model valuation assumptions |
Black-Scholes Model Valuation Assumptions | 2013 |  | 2012 |  | 2011 |
Dividend yield | 2.4 | % | 2.4 | % | 2.5 | %
Volatility (a) | 22 | % | 23 | % | 27 | %
Risk-free interest rate (b) | 1.4 | % | 1.0 | % | 1.0 | %
Expected life in years (c) | 5.5 |  | 5.5 |  | 5.5 |
Stock options grant date fair value | $ 11.14 | $ 9.70 | $ 9.20
(a) | Volatility represents an average of market estimates for implied volatility of Target common stock.
(b) | The risk-free interest rate is an interpolation of the relevant U.S. Treasury security maturities as of each applicable grant date.
(c) | The expected life is estimated based on an analysis of options already exercised and any foreseeable trends or changes in recipients' behavior.
Stock Option Exercises |
Stock Option Exercises (millions) | 2013 |  | 2012 |  | 2011 |
Cash received for exercise price | $ | 422 |  | $ | 331 |  | $ | 93 |
Intrinsic value | 197 |  | 139 |  | 27 |
Income tax benefit | 77 |  | 55 |  | 11 |
Performance Share Unit Activity |
Performance Share Unit Activity | Total Nonvested Units
| Performance Share Units (a) |  | Grant Date Fair Value (b) |
February 2, 2013 | 1,256 |  | $ | 51.53 |
Granted | 2,036 |  | 57.22 |
Forfeited | (145 | ) | 56.42 |
Vested | (277 | ) | 51.49 |
February 1, 2014 | 2,870 |  | $ | 55.37 |
(a) | Assumes attainment of maximum payout rates as set forth in the performance criteria based in thousands of share units. Applying actual or expected payout rates, the number of outstanding units at February 1, 2014 was 1,515 thousand.
(b) | Weighted average per unit.
Restricted stock activity |
Restricted Stock Activity | Total Nonvested Units
| Restricted Stock (a) |  | Grant Date Fair Value (b) |
February 2, 2013 | 2,895 |  | $ | 56.12 |
Granted | 1,686 |  | 62.76 |
Forfeited | (130 | ) | 57.19 |
Vested | (516 | ) | 54.26 |
February 1, 2014 | 3,935 |  | $ | 58.98 |
(a) | Represents the number of restricted stock units, in thousands. For performance-based restricted stock units, assumes attainment of maximum payout rates as set forth in the performance criteria based in thousands of share units. Applying actual or expected payout rates, the number of outstanding restricted stock units at February 1, 2014 was 3,551 thousand.
(b) | Weighted average per unit.

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- Definition Tabular disclosure of the amount of cash proceeds received from the exercise of stock options and similar instruments granted under share-based payment arrangements and the tax benefit realized from stock options exercised during the period. Disclosure may also include the intrinsic value of stock options exercised during the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (j) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the changes in outstanding nonvested performance-based units. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the changes in outstanding nonvested restricted stock units. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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