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STORE CLOSING CHARGES, SEVERANCE COSTS, IMPAIRMENTS AND REAL ESTATE TRANSACTIONS (Tables)
 6 Months Ended
Aug. 04, 2018
Restructuring and Related Activities [Abstract]  
Restructuring and Related Costs
Store closing costs and severance recorded for the 13- and 26- week periods ended August 4, 2018 and July 29, 2017 were as follows:
millions
Markdowns(1)
 
Severance Costs(2)
 
Lease Termination Costs(2)
 
Other Charges(2)
 
Impairment and Accelerated Depreciation(3)
 
Total Store Closing Costs
Kmart
$
17

 
$
1

 
$
(7
)
 
$
2

 
$
—

 
$
13

Sears Domestic
26

 
10

 
9

 
6

 
10

 
61

Total for the 13 week period ended August 4, 2018
$
43

 
$
11

 
$
2

 
$
8

 
$
10

 
$
74

 
 
 
 
 
 
 
 
 
 
 
 
Kmart
$
68

 
$
8

 
$
(18
)
 
$
10

 
$
4

 
$
72

Sears Domestic
21

 
23

 
10

 
6

 
4

 
64

Total for the 13 week period ended July 29, 2017
$
89

 
$
31

 
$
(8
)
 
$
16

 
$
8

 
$
136

 
 
 
 
 
 
 
 
 
 
 
 
Kmart
$
14

 
$
2

 
$
22

 
$
3

 
$
1

 
$
42

Sears Domestic
38

 
13

 
40

 
8

 
13

 
112

Total for the 26 week period ended August 4, 2018
$
52

 
$
15

 
$
62

 
$
11

 
$
14

 
$
154

 
 
 
 
 
 
 
 
 
 
 
 
Kmart
$
78

 
$
13

 
$
(2
)
 
$
13

 
$
5

 
$
107

Sears Domestic
26

 
34

 
35

 
7

 
9

 
111

Total for the 26 week period ended July 29, 2017
$
104

 
$
47

 
$
33

 
$
20

 
$
14

 
$
218

_____________
(1) 
Recorded within cost of sales, buying and occupancy in the Condensed Consolidated Statements of Operations.
(2) 
Recorded within selling and administrative in the Condensed Consolidated Statements of Operations. Lease termination costs are net of estimated sublease income, and include the reversal of closed store reserves for which the lease agreement has been terminated and the reversal of deferred rent balances related to closed stores.
(3) 
Recorded within depreciation and amortization in the Condensed Consolidated Statements of Operations.
Schedule of Restructuring Reserve by Type of Cost
Store closing costs and severance accruals of $246 million, $228 million and $261 million at August 4, 2018, July 29, 2017 and February 3, 2018 respectively, were as shown in the table below. Store closing accruals included $123 million, $128 million and $126 million within other current liabilities and $123 million, $100 million and $135 million within other long-term liabilities in the Condensed Consolidated Balance Sheets at August 4, 2018, July 29, 2017, and February 3, 2018, respectively.
millions
Severance Costs
 
Lease Termination Costs
 
Other Charges
 
Total
Balance at July 29, 2017
$
48

 
$
162

 
$
18

 
$
228

Store closing costs
36

 
109

 
12

 
157

Store closing capital lease obligations
—

 
8

 
—

 
8

Payments/utilizations
(35
)
 
(79
)
 
(18
)
 
(132
)
Balance at February 3, 2018
49

 
200

 
12

 
261

Store closing costs
15

 
72

 
11

 
98

Payments/utilizations
(29
)
 
(69
)
 
(15
)
 
(113
)
Balance at August 4, 2018
$
35

 
$
203

 
$
8

 
$
246
Schedule of Rent Expense
Rent expense consisted of straight-line rent expense offset by amortization of deferred gain on sale-leaseback, as shown in the tables below.
 
13 Weeks Ended August 4, 2018
 
13 Weeks Ended July 29, 2017
millions
Kmart
 
Sears Domestic
 
Sears Holdings
 
Kmart
 
Sears Domestic
 
Sears Holdings
Straight-line rent expense
$
5

 
$
25

 
$
30

 
$
5

 
$
36

 
$
41

Amortization of deferred gain on sale-leaseback
(3
)
 
(13
)
 
(16
)
 
(2
)
 
(17
)
 
(19
)
Rent expense
$
2

 
$
12

 
$
14

 
$
3

 
$
19

 
$
22

 
26 Weeks Ended August 4, 2018
 
26 Weeks Ended July 29, 2017
millions
Kmart
 
Sears Domestic
 
Sears Holdings
 
Kmart
 
Sears Domestic
 
Sears Holdings
Straight-line rent expense
$
9

 
$
55

 
$
64

 
$
11

 
$
73

 
$
84

Amortization of deferred gain on sale-leaseback
(5
)
 
(29
)
 
(34
)
 
(6
)
 
(34
)
 
(40
)
Rent expense
$
4

 
$
26

 
$
30

 
$
5

 
$
39

 
$
44