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Credit Card Receivables Transaction (Details) (USD $)
3 Months Ended 6 Months Ended 1 Months Ended
Aug. 02, 2014
Aug. 03, 2013
Aug. 02, 2014
Aug. 03, 2013
Mar. 31, 2013
Nonrecourse
Mar. 31, 2013
Credit card receivables
Accounts, Notes, Loans and Financing Receivable            
Gain on receivables transaction $ 0 $ 0 $ 0 [1] $ 391,000,000 [1]   $ 391,000,000
Consideration from sale of consumer credit card portfolio           5,700,000,000
Consideration in form of beneficial interest asset           225,000,000
Repayment of 2006/2007 Series Variable Funding Certificate at par         1,500,000,000  
Net cash proceeds from sale of consumer credit card portfolio           4,200,000,000
Profit-sharing income recognized from credit card portfolio sale transaction 167,000,000 183,000,000 334,000,000 288,000,000 [2]    
Reduction in the beneficial interest asset related to the profit sharing agreement (11,000,000) [3],[4],[5] (29,000,000) [3],[4],[5] (29,000,000) [3],[4],[6] (45,000,000) [2],[3],[4],[6]    
Profit-sharing income recognized, net of offsetting, with reduction in beneficial interest asset 156,000,000 154,000,000 305,000,000 243,000,000 [2]    
Decrease in beneficial interest asset related to profit-sharing payments related to sold receivables 19,000,000 31,000,000 39,000,000 45,000,000    
Net revaluation adjustment in the beneficial interest asset 8,000,000 2,000,000 10,000,000 0    
Beneficial interest asset $ 98,000,000 $ 180,000,000 $ 98,000,000 $ 180,000,000    
[1] Refer to Note 3 for more information on our credit card receivables transaction.
[2] The U.S. Segment also earned credit card revenue prior to the close of the transaction.
[3] The sum of segment SG&A expenses, reduction of beneficial interest asset, Data Breach related costs, undeveloped land impairments and card brand conversion costs equal consolidated SG&A expenses.
[4] On a consolidated basis, profit-sharing income is offset by reductions of the beneficial interest asset.
[5] Our U.S. Segment includes all TD profit-sharing amounts in segment EBIT; however, under GAAP, some amounts received from TD reduce the beneficial interest asset and are not recorded in consolidated earnings.
[6] Represents the beneficial interest asset and insurance receivable related to the Data Breach of $98 million and $70 million, respectively, at August 2, 2014, and $127 million and $44 million, respectively, at February 1, 2014. Represents the beneficial interest asset at August 3, 2013.