XML 28 R9.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Earnings Per Share And Shareholders' Equity | 9 Months Ended
--- | ---
Nov. 01, 2014
Earnings Per Share And Shareholders' Equity [Abstract] |
Stockholders' Equity Note Disclosure [Text Block] | Earnings Per Share and Shareholders’ Equity (Deficit) Earnings Per Share Earnings per basic share are computed based on the weighted-average number of outstanding common shares. Earnings per diluted share include the weighted-average effect of dilutive options and restricted stock on the weighted-average shares outstanding. The following table provides shares utilized for the calculation of basic and diluted earnings per share for the third quarter and year-to-date 2014 and 2013:
| Third Quarter |  | Year-to-Date
| 2014 |  | 2013 |  | 2014 |  | 2013
| (in millions)
Weighted-average Common Shares: |  |  |  |  |  |  |
Issued Shares | 309 |  |  | 306 |  |  | 309 |  |  | 306 |
Treasury Shares | (17 | ) |  | (16 | ) |  | (17 | ) |  | (16 | )
Basic Shares | 292 |  |  | 290 |  |  | 292 |  |  | 290 |
Effect of Dilutive Options and Restricted Stock | 6 |  |  | 7 |  |  | 6 |  |  | 6 |
Diluted Shares | 298 |  |  | 297 |  |  | 298 |  |  | 296 |
Anti-dilutive Options and Awards (a) | — |  |  | — |  |  | 1 |  |  | 2 |
_______________
(a) | These options and awards were excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive.
Shareholders’ Equity (Deficit) Common Stock Repurchases Under the authority of the Company’s Board of Directors, the Company repurchased shares of its common stock under the following repurchase program during year-to-date 2014 and 2013:
| Amount Authorized |  | Shares Repurchased |  | Amount Repurchased |  | Average Stock Price of Shares Repurchased within Program
Repurchase Program |  | 2014 |  | 2013 |  | 2014 |  | 2013 |
| (in millions) |  | (in thousands) |  | (in millions) |  |
November 2012 | $ | 250 |  |  | 826 |  |  | 1,217 |  |  | $ | 45 |  |  | $ | 55 |  |  | $ | 48.52 |
The November 2012 repurchase program had $131 million remaining as of November 1, 2014. There were no share repurchases reflected in Accounts Payable on the November 1, 2014 or November 2, 2013 Consolidated Balance Sheets. There were $3 million share repurchases reflected in Accounts Payable on the February 1, 2014 Consolidated Balance Sheet. Dividends Under the authority and declaration of the Board of Directors, the Company paid the following dividends during 2014 and 2013:
|  | Ordinary Dividends |  | Special Dividends |  | Total Dividends |  | Total Paid
|  | (per share) |  | (in millions)
2014 |  |  |  |  |  |  |  |
Third Quarter |  | $ | 0.34 |  |  | $ | — |  |  | $ | 0.34 |  |  | $ | 100 |
Second Quarter |  | 0.34 |  |  | — |  |  | 0.34 |  |  | 99 |
First Quarter |  | 0.34 |  |  | 1.00 |  |  | 1.34 |  |  | 392 |
2014 Total |  | $ | 1.02 |  |  | $ | 1.00 |  |  | $ | 2.02 |  |  | $ | 591 |
2013 |  |  |  |  |  |  |  |
Third Quarter |  | $ | 0.30 |  |  | $ | — |  |  | $ | 0.30 |  |  | $ | 87 |
Second Quarter |  | 0.30 |  |  | — |  |  | 0.30 |  |  | 87 |
First Quarter |  | 0.30 |  |  | — |  |  | 0.30 |  |  | 87 |
2013 Total |  | $ | 0.90 |  |  | $ | — |  |  | $ | 0.90 |  |  | $ | 261 |

X
- Details
Name: | lb_EarningsPerShareAndShareholdersEquityAbstract
Namespace Prefix: | lb_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Stockholders Equity and Earnings Per Share. The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. Also includes the entire disclosure for earnings per share. + References No definition available. + Details
Name: | lb_StockholdersEquityAndEarningsPerShareTextBlock
Namespace Prefix: | lb_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration