XML 74 R35.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Derivative Financial Instruments (Tables) | 12 Months Ended
--- | ---
Feb. 02, 2013
Derivative [Line Items] |
Foreign Exchange Forward Contracts Outstanding | As of February 2, 2013 and January 28, 2012, we had foreign exchange forward contracts outstanding in the following notional amounts:
(notional amounts in millions) | February 2, 2013 |  | January 28, 2012
U.S. dollars (1) | $ | 988 |  |  | $ | 873 |
British pounds | £ | 31 |  |  | £ | 31 |
Japanese yen | ¥ | — |  |  | ¥ | 2,564 |
Euro | € | 25 |  |  | € | 16 |
__________
(1) | The principal currencies hedged against changes in the U.S. dollar were British pounds, Canadian dollars, Euro, and Japanese yen.
Fair Values of Asset and Liability Derivative Financial Instruments | The fair values of foreign exchange forward contracts are as follows:
($ in millions) | February 2, 2013 |  | January 28, 2012
Derivatives designated as cash flow hedges: |  |  |
Other current assets | $ | 41 |  |  | $ | 9 |
Other long-term assets | $ | 2 |  |  | $ | 1 |
Accrued expenses and other current liabilities | $ | 10 |  |  | $ | 10 |
Lease incentives and other long-term liabilities | $ | — |  |  | $ | — |
Derivatives designated as net investment hedges: |  |  |
Other current assets | $ | — |  |  | $ | — |
Other long-term assets | $ | — |  |  | $ | — |
Accrued expenses and other current liabilities | $ | 1 |  |  | $ | — |
Lease incentives and other long-term liabilities | $ | — |  |  | $ | — |
Derivatives not designated as hedging instruments: |  |  |
Other current assets | $ | 8 |  |  | $ | 3 |
Other long-term assets | $ | — |  |  | $ | — |
Accrued expenses and other current liabilities | $ | 3 |  |  | $ | 4 |
Lease incentives and other long-term liabilities | $ | — |  |  | $ | — |
Total derivatives in an asset position | $ | 51 |  |  | $ | 13 |
Total derivatives in a liability position | $ | 14 |  |  | $ | 14 |
Effects of Derivative Financial Instruments on OCI and Consolidated Statements of Income | The effective portion of gains and losses on foreign exchange forward contracts in cash flow hedging and net investment hedging relationships recorded in OCI and the Consolidated Statements of Income, on a pre-tax basis, are as follows:
| Fiscal Year
($ in millions) | 2012 |  | 2011 |  | 2010
Derivatives in cash flow hedging relationships: |  |  |  |  |
Gain (loss) recognized in other comprehensive income | $ | 46 |  |  | $ | (20 | ) |  | $ | (50 | )
Gain (loss) reclassified into cost of goods sold and occupancy expenses | $ | 5 |  |  | $ | (46 | ) |  | $ | (33 | )
Gain (loss) reclassified into operating expenses | $ | 4 |  |  | $ | (5 | ) |  | $ | (5 | )
Derivatives in net investment hedging relationships: |  |  |  |  |
Loss recognized in other comprehensive income | $ | — |  |  | $ | (1 | ) |  | $ | (5 | )
Not Designated as Hedging Instrument [Member] |
Derivative [Line Items] |
Effects of Derivative Financial Instruments on OCI and Consolidated Statements of Income | Gains and losses on foreign exchange forward contracts not designated as hedging instruments recorded in the Consolidated Statements of Income, on a pre-tax basis are as follows:
| Fiscal Year
($ in millions) | 2012 |  | 2011 |  | 2010
Gain recognized in operating expenses | $ | 5 |  |  | $ | 7 |  |  | $ | 8 |

X
- Details
Name: | us-gaap_DerivativeLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and amount of gains and losses reported in the statement of financial performance, or when applicable, the statement of financial position. For example, (a) gains and losses recognized in the income statement on derivative instruments designated and qualifying as hedging instruments in fair value hedges and related hedged items designated and qualifying in fair value hedges and (b) gains and losses initially recognized in other comprehensive income on derivative instruments designated and qualifying as cash flow hedges. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5618551-113959 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 133 -Paragraph 205G -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 133 -Paragraph 44C -Subparagraph b -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624171-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 133 -Paragraph 205G -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624163-113959 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 133 -Paragraph 44C -Subparagraph a -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the notional amounts of outstanding derivative positions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5579245-113959 + Details
Name: | us-gaap_ScheduleOfNotionalAmountsOfOutstandingDerivativePositionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration