SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Jan. 31, 2015

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Fiscal Years

Unless otherwise stated, references to years in this report relate to the fiscal years below:

Fiscal Year	Number of Weeks	Ended
2014	52	January 31, 2015
2013	52	February 1, 2014
2012	53	February 2, 2013

Schedule of Expenses by Category

The following table illustrates what is reflected in each expense category:

“Cost of sales”

“SG&A”

•        the cost of merchandise acquired from vendors; •        freight in; •        provision for excess and obsolete inventory; •        shipping costs to customers; •        provision for inventory shortages; and •        credits and allowances from our merchandise vendors.

•        store payroll and related payroll benefits; •        rent and other store operating expenses; •        advertising and promotional expenses; •        costs associated with operating our distribution          network, including costs related to transporting          merchandise from distribution centers to stores; •        restructuring charges; and •        other corporate-related expenses.

Schedule of Other Income, Net

Other income, net includes the following:

	Fiscal Years Ended
(In millions)	January 31, 2015			February 1, 2014			February 2, 2013
Credit card program income	$	36		$	33		$	22
Gift card breakage income	27			24			21
Net gains on sales of properties	5			8			4
Impairment of long-lived assets	(13		)	(44		)	(11		)
Foreign currency translation	(19		)	(1		)	(3		)
Other (1)	17			17			20
Total	$	53		$	37		$	53

(1) Includes advertising income from our websites, fixed asset write-offs and other miscellaneous income and expense charges.

Schedule of Change in Noncontrolling Interest

The reconciliation of the changes in Temporary Equity is as follows:

(In millions)
Balance, January 28, 2012	$	29
Net earnings attributable to noncontrolling interest	1
Adjustment of noncontrolling interest to redemption value	19
Balance, February 2, 2013	49
Net earnings attributable to noncontrolling interest	3
Adjustment of noncontrolling interest to redemption value	18
Redemption value of redeemable shares	8
Balance, February 1, 2014	78
Net earnings attributable to noncontrolling interest	4
Adjustment of noncontrolling interest to redemption value	10
Value of formerly redeemable shares to equity	(8		)
Capital contribution	1
Balance, January 31, 2015	$	85