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Stock Based Compensation (Tables) | 12 Months Ended
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Feb. 01, 2020
Components of Stock Based Compensation Expense | Stock-based compensation expense included the following components:
| 2019 |  | 2018 |  | 2017
| (millions)
Stock options | $ | 15 |  |  | $ | 24 |  |  | $ | 34 |
Restricted stock units | 23 |  |  | 39 |  |  | 24 |
| $ | 38 |  |  | $ | 63 |  |  | $ | 58 |
Weighted Average Assumption Used To Estimate Fair Value of Stock Options | The fair value of stock options granted during 2019, 2018 and 2017 and the weighted average assumptions used to estimate the fair value are as follows:
| 2019 |  | 2018 |  | 2017
Weighted average grant date fair value of stock options granted during the period | $ | 5.11 |  |  | $ | 7.43 |  |  | $ | 5.84 |
Dividend yield | 6.3 | % |  | 5.2 | % |  | 6.2 | %
Expected volatility | 40.6 | % |  | 41.1 | % |  | 41.8 | %
Risk-free interest rate | 2.4 | % |  | 2.7 | % |  | 1.9 | %
Expected life | 5.5 years |  |  | 5.6 years |  |  | 5.7 years |
Schedule of Stock Option Activity | Activity related to stock options for 2019 is as follows:
| Shares |  | Weighted Average Exercise Price |  | Weighted Average Remaining Contractual Life |  | Aggregate Intrinsic Value
| (thousands) |  |  |  | (years) |  | (millions)
Outstanding, beginning of period | 18,893 |  |  | $ | 39.73 |  |  |  |  |
Granted | 1,994 |  |  | 23.94 |  |  |  |  |
Canceled or forfeited | (1,731 | ) |  | 32.73 |  |  |  |  |
Exercised | (657 | ) |  | 9.08 |  |  |  |  |
Outstanding, end of period | 18,499 |  |  | $ | 39.77 |  |  |  |  |
Exercisable, end of period | 14,258 |  |  | $ | 42.97 |  |  | 4.2 |  | $ | — |
Options expected to vest | 3,133 |  |  | $ | 29.20 |  |  | 7.9 |  | $ | — |
Additional Information Relating to Stock Options | Additional information relating to stock options is as follows:
| 2019 |  | 2018 |  | 2017
| (millions)
Intrinsic value of options exercised | $ | 10 |  |  | $ | 27 |  |  | $ | 3 |
Cash received from stock options exercised | 6 |  |  | 45 |  |  | 6 |
Restricted Stock Units [Member] |
Activity Related to Restricted Stock and Restricted Stock Units | The weighted average grant date fair values of performance-based and time-based restricted stock units granted during 2019, 2018 and 2017 are as follows:
| 2019 |  | 2018 |  | 2017
Restricted stock units (performance-based) | $ | 24.28 |  |  | $ | 30.64 |  |  | $ | 27.16 |
Restricted stock units (time-based) | 17.81 |  |  | 25.57 |  |  | 20.75 |
Schedule of Nonvested Restricted Stock Units Activity | Activity related to restricted stock units for 2019 is as follows:
| Shares |  | Weighted Average Grant Date Fair Value
| (thousands) |  |
Nonvested, beginning of period | 4,143 |  |  | $ | 26.33 |
Granted – performance-based | 861 |  |  | 24.28 |
Performance adjustment | (26 | ) |  | 28.17 |
Granted – time-based | 1,443 |  |  | 17.81 |
Forfeited | (909 | ) |  | 23.88 |
Vested | (765 | ) |  | 29.19 |
Nonvested, end of period | 4,747 |  |  | $ | 23.37 |

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