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Leases (Tables)
12 Months Ended
Jan. 30, 2016
Leases [Abstract]  
Schedule of Rent Expense
Rent Expense
(millions)
2015

2014

2013

Property, equipment, and software
$
198

$
195

$
212

Rent income (a)
(16
)
(9
)
(8
)
Total rent expense
$
182

$
186

$
204

(a)    Includes rental income from CVS. See Note 6 for further discussion.
Schedule of Future Minimum Lease Payments
Future Minimum Lease Payments
(millions)
Operating Leases (a)

Capital Leases (b)

Rent Income

Total

2016
$
186

$
130

$
(21
)
$
295

2017
183

73

(19
)
237

2018
178

71

(18
)
231

2019
167

70

(17
)
220

2020
157

69

(17
)
209

After 2020
2,842

1,277

(286
)
3,833

Total future minimum lease payments
$
3,713

$
1,690

$
(378
)
$
5,025

Less: Interest (c)
 

831

 

 

Present value of future minimum capital lease payments (d)
 

$
859

 

 

Note: Minimum lease payments exclude payments to landlords for real estate taxes and common area maintenance. Minimum lease payments also exclude payments to landlords for fixed purchase options which we believe are reasonably assured of being exercised.
(a) 
Total contractual lease payments include $1,995 million related to options to extend lease terms that are reasonably assured of being exercised and also includes $90 million of legally binding minimum lease payments for stores that are expected to open in 2016 or later.
(b) 
Capital lease payments include $614 million related to options to extend lease terms that are reasonably assured of being exercised and also includes $311 million of legally binding minimum lease payments for stores that are expected to open in 2016 or later.
(c) 
Calculated using the interest rate at inception for each lease.
(d) 
Includes the current portion of $59 million.