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GUARANTOR/NON-GUARANTOR SUBSIDIARY FINANCIAL INFORMATION (Condensed Consolidating Balance Sheet) (Details) - USD ($)
$ in Millions
Jul. 29, 2017
Jul. 17, 2017
Jan. 28, 2017
Jul. 30, 2016
Jan. 30, 2016
Current assets          
Cash and cash equivalents $ 212   $ 286 $ 276  
Restricted cash 230   0 0  
Intercompany receivables 0   0 0  
Accounts receivable [1] 370   466 390  
Merchandise inventories 3,433   3,959 4,684  
Prepaid expenses and other current assets [2] 318   285 275  
Total current assets 4,563   4,996 5,625  
Total property and equipment, net 1,969   2,240 2,465  
Goodwill and intangible assets 1,518   1,790 2,175  
Other assets 301   336 349  
Investment in subsidiaries 0   0 0  
TOTAL ASSETS 8,351   9,362 10,614  
Current liabilities          
Short-term borrowings [3] 546   0 164  
Current portion of long-term debt and capitalized lease obligations [4] 1,052   590 550  
Merchandise payables 670   1,048 1,345  
Intercompany payables 0   0 0  
Other current liabilities 2,692   3,043 2,894  
Total current liabilities 4,960   4,681 4,953  
Long-term debt and capitalized lease obligations [5] 2,405   3,573 2,837  
Pension and postretirement benefits 1,731   1,750 2,072  
Deferred gain on sale-leaseback 455   563 686  
Sale-leaseback financing obligation 230 $ 89 235 164  
Long-term deferred tax liabilities 643   743 892  
Other long-term liabilities 1,578   1,641 1,703  
Total Liabilities 12,002   13,186 13,307  
EQUITY (DEFICIT)          
Shareholder's equity (deficit) (3,651)   (3,824) (2,698)  
Noncontrolling interest     0 5  
Total Equity (Deficit) (3,651)   (3,824) (2,693) $ (1,956)
TOTAL LIABILITIES AND DEFICIT 8,351   9,362 10,614  
Reportable Legal Entities | Parent          
Current assets          
Cash and cash equivalents 0   0 0  
Restricted cash 230        
Intercompany receivables 0   0 0  
Accounts receivable 0   0 0  
Merchandise inventories 0   0 0  
Prepaid expenses and other current assets 31   23 114  
Total current assets 261   23 114  
Total property and equipment, net 0   0 0  
Goodwill and intangible assets 0   0 0  
Other assets 405   4 0  
Investment in subsidiaries 9,307   9,110 10,209  
TOTAL ASSETS 9,973   9,137 10,323  
Current liabilities          
Short-term borrowings 0   0 0  
Current portion of long-term debt and capitalized lease obligations 0   0 0  
Merchandise payables 0   0 0  
Intercompany payables 11,416   11,830 12,236  
Other current liabilities 37   17 12  
Total current liabilities 11,453   11,847 12,248  
Long-term debt and capitalized lease obligations 2,130   1,215 706  
Pension and postretirement benefits 0   0 0  
Deferred gain on sale-leaseback 0   0 0  
Sale-leaseback financing obligation 0   0 0  
Long-term deferred tax liabilities 48   48 58  
Other long-term liabilities 0   0 0  
Total Liabilities 13,631   13,110 13,012  
EQUITY (DEFICIT)          
Shareholder's equity (deficit) (3,658)   (3,973) (2,689)  
Noncontrolling interest     0 0  
Total Equity (Deficit) (3,658)   (3,973) (2,689)  
TOTAL LIABILITIES AND DEFICIT 9,973   9,137 10,323  
Reportable Legal Entities | Guarantor Subsidiaries          
Current assets          
Cash and cash equivalents 180   260 236  
Restricted cash 0        
Intercompany receivables 0   0 0  
Accounts receivable 350   441 357  
Merchandise inventories 3,433   3,959 4,684  
Prepaid expenses and other current assets 661   692 597  
Total current assets 4,624   5,352 5,874  
Total property and equipment, net 1,262   1,504 1,698  
Goodwill and intangible assets 355   360 364  
Other assets 1,304   285 265  
Investment in subsidiaries 27,692   26,703 26,879  
TOTAL ASSETS 35,237   34,204 35,080  
Current liabilities          
Short-term borrowings 689   108 164  
Current portion of long-term debt and capitalized lease obligations 1,052   1,189 549  
Merchandise payables 672   1,048 1,345  
Intercompany payables 16,455   15,585 15,177  
Other current liabilities 2,108   2,479 2,258  
Total current liabilities 20,976   20,409 19,493  
Long-term debt and capitalized lease obligations 3,036   3,160 3,631  
Pension and postretirement benefits 1,727   1,746 2,068  
Deferred gain on sale-leaseback 455   563 686  
Sale-leaseback financing obligation 141   235 164  
Long-term deferred tax liabilities 0   0 0  
Other long-term liabilities 1,211   808 804  
Total Liabilities 27,546   26,921 26,846  
EQUITY (DEFICIT)          
Shareholder's equity (deficit) 7,691   7,283 8,234  
Noncontrolling interest     0 0  
Total Equity (Deficit) 7,691   7,283 8,234  
TOTAL LIABILITIES AND DEFICIT 35,237   34,204 35,080  
Reportable Legal Entities | Non- Guarantor Subsidiaries          
Current assets          
Cash and cash equivalents 32   26 40  
Restricted cash 0        
Intercompany receivables 27,871   27,415 27,413  
Accounts receivable 20   25 33  
Merchandise inventories 0   0 0  
Prepaid expenses and other current assets 432   856 255  
Total current assets 28,355   28,322 27,741  
Total property and equipment, net 707   736 767  
Goodwill and intangible assets 1,261   1,528 1,909  
Other assets 1,532   931 1,785  
Investment in subsidiaries 0   0 0  
TOTAL ASSETS 31,855   31,517 32,202  
Current liabilities          
Short-term borrowings 0   0 0  
Current portion of long-term debt and capitalized lease obligations 0   0 1  
Merchandise payables (2)   0 0  
Intercompany payables 0   0 0  
Other current liabilities 1,158   1,219 1,315  
Total current liabilities 1,156   1,219 1,316  
Long-term debt and capitalized lease obligations 0   0 1  
Pension and postretirement benefits 4   4 4  
Deferred gain on sale-leaseback 0   0 0  
Sale-leaseback financing obligation 89   0 0  
Long-term deferred tax liabilities 738   724 901  
Other long-term liabilities 560   1,038 1,121  
Total Liabilities 2,547   2,985 3,343  
EQUITY (DEFICIT)          
Shareholder's equity (deficit) 29,308   28,532 28,859  
Noncontrolling interest     0 0  
Total Equity (Deficit) 29,308   28,532 28,859  
TOTAL LIABILITIES AND DEFICIT 31,855   31,517 32,202  
Eliminations          
Current assets          
Cash and cash equivalents 0   0 0  
Restricted cash 0        
Intercompany receivables (27,871)   (27,415) (27,413)  
Accounts receivable 0   0 0  
Merchandise inventories 0   0 0  
Prepaid expenses and other current assets (806)   (1,286) (691)  
Total current assets (28,677)   (28,701) (28,104)  
Total property and equipment, net 0   0 0  
Goodwill and intangible assets (98)   (98) (98)  
Other assets (2,940)   (884) (1,701)  
Investment in subsidiaries (36,999)   (35,813) (37,088)  
TOTAL ASSETS (68,714)   (65,496) (66,991)  
Current liabilities          
Short-term borrowings (143)   (108) 0  
Current portion of long-term debt and capitalized lease obligations 0   (599) 0  
Merchandise payables 0   0 0  
Intercompany payables (27,871)   (27,415) (27,413)  
Other current liabilities (611)   (672) (691)  
Total current liabilities (28,625)   (28,794) (28,104)  
Long-term debt and capitalized lease obligations (2,761)   (802) (1,501)  
Pension and postretirement benefits 0   0 0  
Deferred gain on sale-leaseback 0   0 0  
Sale-leaseback financing obligation 0   0 0  
Long-term deferred tax liabilities (143)   (29) (67)  
Other long-term liabilities (193)   (205) (222)  
Total Liabilities (31,722)   (29,830) (29,894)  
EQUITY (DEFICIT)          
Shareholder's equity (deficit) (36,992)   (35,666) (37,102)  
Noncontrolling interest     0 5  
Total Equity (Deficit) (36,992)   (35,666) (37,097)  
TOTAL LIABILITIES AND DEFICIT $ (68,714)   $ (65,496) $ (66,991)  
[1] Includes $25 million, $35 million and $81 million of net amounts receivable from SHO, and $4 million, $9 million and $14 million of amounts receivable from Seritage at July 29, 2017, July 30, 2016 and January 28, 2017, respectively. Also includes $1 million of net amounts receivable from Lands' End at July 29, 2017.
[2] Includes $9 million of prepaid rent to Seritage at July 30, 2016.
[3] Includes balances held by related parties of $245 million and $100 million at July 29, 2017 and July 30, 2016, respectively, related to our Line of Credit Loans (as defined in Note 2) and commercial paper.
[4] Includes balances held by related parties of $131 million, $216 million and $216 million at July 29, 2017, July 30, 2016 and January 28, 2017, respectively, related to our 2016 Secured Loan Facility.
[5] Includes balances held by related parties of $1.6 billion, $874 million and $1.7 billion at July 29, 2017, July 30, 2016 and January 28, 2017, respectively, related to our Senior Secured Notes, Subsidiary Notes, Senior Unsecured Notes, Second Lien Term Loan, 2016 Term Loan and 2017 Secured Loan Facility. See Note 11 for further information.