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Discontinued Operations
 3 Months Ended
Apr. 30, 2016
Discontinued Operations and Disposal Groups [Abstract]  
Discontinued Operations
Discontinued Operations

As part of a March 2016 settlement between Target Canada Co. and certain other wholly owned subsidiaries of Target (collectively Canada Subsidiaries) and all of their former landlords, we have agreed to subordinate a portion of our intercompany claims and make certain cash contributions to the Target Canada Co. estate in exchange for a full release from our obligations under guarantees of certain leases of the Canada Subsidiaries. This agreement remains subject to creditor and Court approval. The net financial impact of this agreement is materially consistent with amounts recorded in our financial statements. If the agreement is not approved by the creditors and the Court, it is reasonably possible that future changes to our estimates of loss and the ultimate amount paid on these claims could be material to our results of operations in future periods. We are not able to reasonably estimate a range of possible losses in excess of the accrual because there would be significant factual and legal issues to be resolved if the agreement is not approved. Any such losses would be reported in discontinued operations.

Assets and Liabilities of Discontinued Operations
(millions)
April 30,
2016

January 30,
2016

May 2,
2015

Income tax benefit
$
83

$
77

$
265

Receivables from Canada Subsidiaries
352

320

342

Total assets
$
435

$
397

$
607

 
 
 
 
Accrued liabilities
$
186

$
171

$
271

Total liabilities
$
186

$
171

$
271