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Fair Value Measurements (Tables) | 6 Months Ended
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Aug. 02, 2014
Fair Value Disclosures [Abstract] |
Fair Value Measurements - Recurring Basis |
Fair Value Measurements - Recurring Basis
| Fair Value at |  | Fair Value at |  | Fair Value at
| August 2, 2014 |  | February 1, 2014 |  | August 3, 2013
(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 |  |  | $ | — |  |  | $ | — |  |  | $ | 3 |  |  | $ | — |  |  | $ | — |  |  | $ | 249 |  |  | $ | — |  |  | $ | — |
Other current assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swaps(a) | — |  |  | — |  |  | — |  |  | — |  |  | 1 |  |  | — |  |  | — |  |  | — |  |  | — |
Prepaid forward contracts | 40 |  |  | — |  |  | — |  |  | 73 |  |  | — |  |  | — |  |  | 73 |  |  | — |  |  | — |
Beneficial interest asset(b) | — |  |  | — |  |  | 56 |  |  | — |  |  | — |  |  | 71 |  |  | — |  |  | — |  |  | 91 |
Other noncurrent assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swaps(a) | — |  |  | 51 |  |  | — |  |  | — |  |  | 62 |  |  | — |  |  | — |  |  | 74 |  |  | — |
Company-owned life insurance investments(c) | — |  |  | 314 |  |  | — |  |  | — |  |  | 305 |  |  | — |  |  | — |  |  | 297 |  |  | — |
Beneficial interest asset(b) | — |  |  | — |  |  | 41 |  |  | — |  |  | — |  |  | 56 |  |  | — |  |  | — |  |  | 89 |
Total | $ | 43 |  |  | $ | 365 |  |  | $ | 98 |  |  | $ | 76 |  |  | $ | 368 |  |  | $ | 127 |  |  | $ | 322 |  |  | $ | 371 |  |  | $ | 180 |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other noncurrent liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swaps(a) | — |  |  | 31 |  |  | — |  |  | — |  |  | 39 |  |  | — |  |  | — |  |  | 45 |  |  | — |
Total | $ | — |  |  | $ | 31 |  |  | $ | — |  |  | $ | — |  |  | $ | 39 |  |  | $ | — |  |  | $ | — |  |  | $ | 45 |  |  | $ | — |
(a) See Note 7 for additional information on interest rate swaps. (b) Note 3 includes a rollforward of the Level 3 beneficial interest asset. A one percentage point change in the forecasted credit EBIT yield would impact our fair value estimate by approximately $14 million. A one percentage point change in the forecasted discount rate would impact our fair value estimate by approximately $3 million. (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 $806 million at August 2, 2014, $790 million at February 1, 2014 and $787 million at August 3, 2013.
Fair Value Measurements, Significant Financial Instruments not Measured at Fair Value |
Significant Financial Instruments not Measured at Fair Value (a) (millions) | August 2, 2014 |  | February 1, 2014 |  | August 3, 2013
Carrying Amount |  | Fair Value |  |  | Carrying Amount |  | Fair Value |  |  | Carrying Amount |  | Fair Value |
Debt (b) | $ | 12,135 |  | $ | 13,553 |  |  | $ | 11,758 |  | $ | 13,184 |  |  | $ | 12,484 |  | $ | 14,018 |
(a) The carrying amounts of accounts payable and certain accrued and other current liabilities approximate fair value due to their short-term nature. (b) The carrying amount and estimated fair value of debt exclude unamortized swap valuation adjustments and capital lease obligations.

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- Definition Fair Value Measurements, Significant Financial Instruments not Measured at Fair Value [Table Text Block] + References No definition available. + Details
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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=25499696&loc=d3e19190-110258 + Details
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