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Fair Value Measurements (Tables)

9 Months Ended

Oct. 31, 2015

Fair Value Measurements [Abstract]

Carrying Value And Fair Value Of Long-Term Debt, Disclosure

The following table provides a summary of the carrying value and estimated fair value of long-term debt as of October 31, 2015, January 31, 2015 and November 1, 2014:

	October 31, 2015				January 31, 2015				November 1, 2014
	(in millions)
Carrying Value	$	5,762			$	4,765			$	4,972
Estimated Fair Value (a)	6,322				5,305				5,476

 _______________

(a) The estimated fair value of the Company’s publicly traded debt is based on reported transaction prices which are considered Level 2 inputs in accordance with ASC Topic 820, Fair Value Measurements and Disclosure. The estimates presented are not necessarily indicative of the amounts that the Company could realize in a current market exchange.

Fair Value, Assets And Liabilities Measured On Recurring Basis

The following table provides a summary of assets and liabilities measured in the consolidated financial statements at fair value on a recurring basis as of October 31, 2015, January 31, 2015 and November 1, 2014:

	Level 1				Level 2				Level 3				Total
	(in millions)
As of October 31, 2015
Assets:
Cash and Cash Equivalents	$	1,311			$	—			$	—			$	1,311
Marketable Securities	13				—				—				13
Interest Rate Designated Fair Value Hedges	—				10				—				10
Cross-currency Cash Flow Hedges	—				27				—				27
As of January 31, 2015
Assets:
Cash and Cash Equivalents	$	1,681			$	—			$	—			$	1,681
Interest Rate Designated Fair Value Hedges	—				12				—				12
Cross-currency Cash Flow Hedges	—				21				—				21
Liabilities:
Lease Guarantees	—				—				1				1
As of November 1, 2014
Assets:
Cash and Cash Equivalents	$	745			$	—			$	—			$	745
Interest Rate Designated Fair Value Hedges	—				5				—				5
Liabilities:
Cross-currency Cash Flow Hedges	—				10				—				10
Lease Guarantees	—				—				1				1

Fair Value, Lease Guarantees On Recurring Basis, Unobservable Input

The following table provides a reconciliation of the Company’s lease guarantees measured at fair value on a recurring basis using unobservable inputs (Level 3) for the third quarter and year-to-date 2015 and 2014:

	Third Quarter								Year-to-Date
	2015				2014				2015				2014
	(in millions)
Beginning Balance	$	—			$	1			$	1			$	1
Change in Estimated Fair Value Reported in Earnings	—				—				(1		)		—
Ending Balance	$	—			$	1			$	—			$	1

X

- Definition

Fair Value Measurements

+ References

No definition available.

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- Definition

Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 820



-SubTopic 10



-Section 50



-Paragraph 3



-URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19279-110258



Reference 2: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 820



-SubTopic 10



-Section 50



-Paragraph 2



-Subparagraph (c)



-URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258

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- Definition

Tabular disclosure of information pertaining to carrying amount and estimated fair value of short-term and long-term debt instruments or arrangements, including but not limited to, identification of terms, features, and collateral requirements.

+ References

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X

- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 820



-SubTopic 10



-Section 50



-Paragraph 1



-URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19190-110258

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