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Common Stock | 12 Months Ended
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Feb. 02, 2013
Common Stock, Number of Shares, Par Value and Other Disclosures [Abstract] |
Common Stock Issuance and Repurchases | Note 9. Common Stock Common and Preferred Stock The Company is authorized to issue 2.3 billion shares of common stock. We are also authorized to issue 60 million shares of Class B common stock, which is convertible into shares of common stock on a share-for-share basis. Transfer of the Class B shares is restricted. In addition, the holders of the Class B common stock have six votes per share on most matters and are entitled to a lower cash dividend. No Class B shares have been issued as of February 2, 2013. The Company is authorized to issue 30 million shares of one or more series of preferred stock, which has a par value of $0.05 per share, and to establish at the time of issuance the issue price, dividend rate, redemption price, liquidation value, conversion features, and such other terms and conditions of each series (including voting rights) as the Board of Directors deems appropriate, without further action on the part of the stockholders. No preferred shares have been issued as of February 2, 2013. Share Repurchases Share repurchase activity is as follows:
|  | Fiscal Year
($ and shares in millions except average per share cost) |  | 2012 |  | 2011 |  | 2010
Number of shares repurchased |  | 34 |  |  | 111 |  |  | 96 |
Total cost |  | $ | 1,026 |  |  | $ | 2,096 |  |  | $ | 1,956 |
Average per share cost including commissions |  | $ | 29.89 |  |  | $ | 18.88 |  |  | $ | 20.44 |
In November 2009, the Board of Directors authorized $500 million for share repurchases, which was fully utilized by the end of March 2010. In connection with this authorization, we entered into purchase agreements with individual members of the Fisher family (related-party transactions). The Fisher family shares were purchased at the same weighted-average market price that we paid for share repurchases in the open market. During fiscal 2010, approximately 0.5 million shares were repurchased for $10 million from the Fisher family subject to these agreements. Between February 2010 and February 2012, the Board of Directors authorized a total of $5.25 billion for share repurchases, all of which was completed by the end of December 2012. In January 2013, we announced that the Board of Directors approved a new $1 billion share repurchase authorization, of which $975 million was remaining as of February 2, 2013. We have not entered into purchase agreements with members of the Fisher family in connection with these authorizations. All of the share repurchases in fiscal 2012 were paid for as of February 2, 2013. All except $4 million of total share repurchases in fiscal 2011 were paid for as of January 28, 2012.

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- Definition This element is used to capture the complete disclosure pertaining to an entity's stock. It also includes the disclosure pertaining to an entity's treasury stock, including the average cost per share, description of share repurchase program authorized by an entity's Board of Directors, and other information necessary to a fair presentation. + References No definition available. + Details
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