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Income Taxes Income Taxes (Tables)

12 Months Ended

Feb. 02, 2013

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

For financial reporting purposes, components of income before income taxes are as follows:

		Fiscal Year
($ in millions)		2012				2011				2010
United States		$	1,692			$	1,253			$	1,686
Foreign		169				116				296
Income before income taxes		$	1,861			$	1,369			$	1,982

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The provision for income taxes consists of the following:

		Fiscal Year
($ in millions)		2012				2011				2010
Current:
Federal		$	617			$	419			$	476
State		56				37				75
Foreign		90				91				134
Total current		763				547				685
Deferred:
Federal		(37		)		14				94
State		(6		)		(6		)		(5		)
Foreign		6				(19		)		4
Total deferred		(37		)		(11		)		93
Total provision		$	726			$	536			$	778

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

The difference between the effective tax rate and the U.S. federal tax rate is as follows:

		Fiscal Year
		2012			2011			2010
Federal tax rate		35.0	%		35.0	%		35.0	%
State income taxes, less federal benefit		2.7			2.2			3.5
Tax impact of foreign operations		2.0			2.1			1.3
Other		(0.7	)		(0.1	)		(0.5	)
Effective tax rate		39.0	%		39.2	%		39.3	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

Deferred tax assets (liabilities) consist of the following:

($ in millions)		February 2, 2013				January 28, 2012
Deferred tax assets:
Deferred rent		$	136			$	137
Accrued payroll and related benefits		124				66
Nondeductible accruals		79				74
Inventory capitalization and other adjustments		66				65
Depreciation		—				18
State and foreign net operating losses ("NOLs")		37				36
Fair value of derivative financial instruments included in accumulated OCI		—				(5		)
Other		100				83
Total deferred tax assets		542				474
Valuation allowance		(56		)		(39		)
Total deferred tax liabilities		(59		)		(15		)
Net deferred tax assets		$	427			$	420
Current portion (included in other current assets)		$	220			$	205
Non-current portion (included in other long-term assets)		207				215
Total		$	427			$	420

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

The activity related to our unrecognized tax benefits is as follows: 

		Fiscal Year
($ in millions)		2012				2011				2010
Balance at beginning of fiscal year		$	102			$	67			$	132
Increases related to current year tax positions		10				10				10
Prior year tax positions:
Increases		10				31				15
Decreases		(12		)		(2		)		(74		)
Cash settlements		(4		)		(2		)		(4		)
Expiration of statute of limitations		3				(1		)		(14		)
Foreign currency translation		—				(1		)		2
Balance at end of fiscal year		$	109			$	102			$	67

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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Tabular disclosure of the change in unrecognized tax benefits.

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