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Shareholders' Equity (Deficit)
12 Months Ended
Jan. 28, 2017
Stockholders' Equity Note [Abstract]  
Shareholders' Equity
Shareholders’ Equity (Deficit)
Common Stock Share Repurchases
Under the authority of the Company’s Board of Directors, the Company repurchased shares of its common stock under the following repurchase programs for the fiscal years 20162015 and 2014:
 
 
 
 
Shares Repurchased
 
Amount Repurchased
 
Average Stock
Price of
Shares
Repurchased
within
Program
Repurchase Program
 
Amount  Authorized
 
2016
 
2015
 
2014
 
2016
 
2015
 
2014
 
 
 
(in millions)
 
(in thousands)
 
(in millions)
 
 
February 2016
 
$
500

 
5,719

 
NA

 
NA

 
$
438

 
NA

 
NA

 
$
76.63

June 2015
 
250

 
NA

 
2,680

 
NA

 
NA

 
$
233

 
NA

 
$
87.06

February 2015
 
250

 
NA

 
2,788

 
NA

 
NA

 
250

 
NA

 
$
89.45

November 2012
 
250

 
NA

 
NA

 
1,317

 
NA

 
NA

 
$
84

 
$
54.02

Total
 
 
 
5,719

 
5,468

 
1,317

 
$
438

 
$
483

 
$
84

 
 

In February 2016, the Company's Board of Directors approved a $500 million share repurchase program, which included the $17 million remaining under the June 2015 repurchase program.
In June 2015, the Company's Board of Directors approved a $250 million share repurchase program, which included the $0.6 million remaining under the February 2015 repurchase program.
In February 2015, the Company's Board of Directors approved a $250 million share repurchase program, which included the $91 million remaining under the November 2012 repurchase program.
There were $3 million of share repurchases reflected in Accounts Payable on the January 28, 2017 Consolidated Balance Sheet. There were no share repurchases reflected in Accounts Payable on the January 30, 2016 Consolidated Balance Sheet.
Subsequent to January 28, 2017, the Company's Board of Directors approved a new $250 million share repurchase program, which included the $59 million remaining under the February 2016 repurchase program. The Company repurchased an additional 0.9 million shares of common stock for $49 million subsequent to January 28, 2017.
Dividends
Under the authority and declaration of the Board of Directors, the Company paid the following dividends during the fiscal years 20162015 and 2014:
 
Ordinary Dividends
 
Special Dividends
 
Total Dividends
 
Total Paid
 
(per share)
 
(in millions)
2016
 
 
 
 
 
 
 
Fourth Quarter
$
0.60

 
$

 
$
0.60

 
$
172

Third Quarter
0.60

 

 
0.60

 
173

Second Quarter
0.60

 

 
0.60

 
173

First Quarter
0.60

 
2.00

 
2.60

 
750

2016 Total
$
2.40

 
$
2.00

 
$
4.40

 
$
1,268

2015
 
 
 
 
 
 
 
Fourth Quarter
$
0.50

 
$

 
$
0.50

 
$
145

Third Quarter
0.50

 

 
0.50

 
146

Second Quarter
0.50

 

 
0.50

 
146

First Quarter
0.50

 
2.00

 
2.50

 
734

2015 Total
$
2.00

 
$
2.00

 
$
4.00

 
$
1,171

2014
 
 
 
 
 
 
 
Fourth Quarter
$
0.34

 
$

 
$
0.34

 
$
100

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
$
1.36

 
$
1.00

 
$
2.36

 
$
691

Subsequent to January 28, 2017, the Company declared the first quarter of 2017 ordinary dividend of $0.60 per share.