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GUARANTOR/NON-GUARANTOR SUBSIDIARY FINANCIAL INFORMATION (Condensed Consolidating Balance Sheet) (Details) - USD ($)
$ in Millions
Aug. 04, 2018
Feb. 03, 2018
Jul. 29, 2017
Jan. 28, 2017
Current assets        
Cash and cash equivalents $ 193 $ 182 $ 212  
Restricted cash 248 154 230  
Intercompany receivables 0 0 0  
Accounts receivable [1] 327 343 370  
Merchandise inventories 2,714 2,798 3,433  
Prepaid expenses and other current assets 386 [2] 346 [2] 334 [2] $ 300
Total current assets 3,868 3,823 4,579  
Total property and equipment, net 1,444 1,729 1,969  
Goodwill and intangible assets 1,359 1,437 1,518  
Other assets 266 284 301  
Investment in subsidiaries 0 0 0  
TOTAL ASSETS 6,937 7,273 8,367  
Current liabilities        
Short-term borrowings [3] 1,254 915 546  
Current portion of long-term debt and capitalized lease obligations [4] 196 968 1,052  
Merchandise payables 487 576 670  
Intercompany payables 0 0 0  
Other current liabilities 2,340 2,463 2,706  
Total current liabilities 4,277 4,922 4,974  
Long-term debt and capitalized lease obligations [5] 3,504 2,249 2,405  
Pension and postretirement benefits 1,164 1,619 1,731  
Deferred gain on sale-leaseback 305 362 455  
Sale-leaseback financing obligation 347 247 230  
Long-term deferred tax liabilities 119 126 643  
Unearned revenues 853 539 593  
Other long-term liabilities 770 935 992 1,009
Total Liabilities 11,339 10,999 12,023  
EQUITY (DEFICIT)        
Shareholder's equity (deficit) (4,402) (3,726) (3,656) $ (3,831)
Noncontrolling interest   0 0  
Total Equity (Deficit) (4,402) (3,726) (3,656)  
TOTAL LIABILITIES AND DEFICIT 6,937 7,273 8,367  
Reportable Legal Entities | Parent        
Current assets        
Cash and cash equivalents 0 0 0  
Restricted cash 248 154 230  
Intercompany receivables 0 0 0  
Accounts receivable 2 0 0  
Merchandise inventories 0 0 0  
Prepaid expenses and other current assets 234 309 31  
Total current assets 484 463 261  
Total property and equipment, net 0 0 0  
Goodwill and intangible assets 0 0 0  
Other assets 185 179 405  
Investment in subsidiaries 8,356 8,787 9,302  
TOTAL ASSETS 9,025 9,429 9,968  
Current liabilities        
Short-term borrowings 0 144 0  
Current portion of long-term debt and capitalized lease obligations 89 303 0  
Merchandise payables 0 0 0  
Intercompany payables 11,094 11,099 11,416  
Other current liabilities 15 16 37  
Total current liabilities 11,198 11,562 11,453  
Long-term debt and capitalized lease obligations 2,608 1,991 2,130  
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 0 0 48  
Unearned revenues 0 0 0  
Other long-term liabilities 0 0 0  
Total Liabilities 13,806 13,553 13,631  
EQUITY (DEFICIT)        
Shareholder's equity (deficit) (4,781) (4,124) (3,663)  
Noncontrolling interest   0 0  
Total Equity (Deficit) (4,781) (4,124) (3,663)  
TOTAL LIABILITIES AND DEFICIT 9,025 9,429 9,968  
Reportable Legal Entities | Guarantor Subsidiaries        
Current assets        
Cash and cash equivalents 159 152 180  
Restricted cash 0 0 0  
Intercompany receivables 0 0 0  
Accounts receivable 301 322 350  
Merchandise inventories 2,714 2,798 3,433  
Prepaid expenses and other current assets 866 910 677  
Total current assets 4,040 4,182 4,640  
Total property and equipment, net 847 1,043 1,262  
Goodwill and intangible assets 337 346 355  
Other assets 1,320 1,331 1,304  
Investment in subsidiaries 28,136 27,774 27,717  
TOTAL ASSETS 34,680 34,676 35,278  
Current liabilities        
Short-term borrowings 1,440 937 689  
Current portion of long-term debt and capitalized lease obligations 477 897 1,052  
Merchandise payables 487 576 672  
Intercompany payables 18,068 16,894 16,455  
Other current liabilities 1,871 1,970 2,147  
Total current liabilities 22,343 21,274 21,015  
Long-term debt and capitalized lease obligations 2,644 2,734 3,036  
Pension and postretirement benefits 1,162 1,616 1,727  
Deferred gain on sale-leaseback 290 360 455  
Sale-leaseback financing obligation 128 158 141  
Long-term deferred tax liabilities 0 0 0  
Unearned revenues 603 271 305  
Other long-term liabilities 703 867 913  
Total Liabilities 27,873 27,280 27,592  
EQUITY (DEFICIT)        
Shareholder's equity (deficit) 6,807 7,396 7,686  
Noncontrolling interest   0 0  
Total Equity (Deficit) 6,807 7,396 7,686  
TOTAL LIABILITIES AND DEFICIT 34,680 34,676 35,278  
Reportable Legal Entities | Non- Guarantor Subsidiaries        
Current assets        
Cash and cash equivalents 34 30 32  
Restricted cash 0 0 0  
Intercompany receivables 29,162 27,993 27,871  
Accounts receivable 24 21 20  
Merchandise inventories 0 0 0  
Prepaid expenses and other current assets 690 478 432  
Total current assets 29,910 28,522 28,355  
Total property and equipment, net 597 686 707  
Goodwill and intangible assets 1,120 1,189 1,261  
Other assets 962 1,159 1,532  
Investment in subsidiaries 0 0 0  
TOTAL ASSETS 32,589 31,556 31,855  
Current liabilities        
Short-term borrowings 24 0 0  
Current portion of long-term debt and capitalized lease obligations 0 0 0  
Merchandise payables 0 0 (2)  
Intercompany payables 0 0 0  
Other current liabilities 1,313 1,426 1,133  
Total current liabilities 1,337 1,426 1,131  
Long-term debt and capitalized lease obligations 499 0 0  
Pension and postretirement benefits 2 3 4  
Deferred gain on sale-leaseback 15 2 0  
Sale-leaseback financing obligation 219 89 89  
Long-term deferred tax liabilities 350 349 738  
Unearned revenues 415 446 481  
Other long-term liabilities 67 68 79  
Total Liabilities 2,904 2,383 2,522  
EQUITY (DEFICIT)        
Shareholder's equity (deficit) 29,685 29,173 29,333  
Noncontrolling interest   0 0  
Total Equity (Deficit) 29,685 29,173 29,333  
TOTAL LIABILITIES AND DEFICIT 32,589 31,556 31,855  
Eliminations        
Current assets        
Cash and cash equivalents 0 0 0  
Restricted cash 0 0 0  
Intercompany receivables (29,162) (27,993) (27,871)  
Accounts receivable 0 0 0  
Merchandise inventories 0 0 0  
Prepaid expenses and other current assets (1,404) (1,351) (806)  
Total current assets (30,566) (29,344) (28,677)  
Total property and equipment, net 0 0 0  
Goodwill and intangible assets (98) (98) (98)  
Other assets (2,201) (2,385) (2,940)  
Investment in subsidiaries (36,492) (36,561) (37,019)  
TOTAL ASSETS (69,357) (68,388) (68,734)  
Current liabilities        
Short-term borrowings (210) (166) (143)  
Current portion of long-term debt and capitalized lease obligations (370) (232) 0  
Merchandise payables 0 0 0  
Intercompany payables (29,162) (27,993) (27,871)  
Other current liabilities (859) (949) (611)  
Total current liabilities (30,601) (29,340) (28,625)  
Long-term debt and capitalized lease obligations (2,247) (2,476) (2,761)  
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 (231) (223) (143)  
Unearned revenues (165) (178) (193)  
Other long-term liabilities 0 0 0  
Total Liabilities (33,244) (32,217) (31,722)  
EQUITY (DEFICIT)        
Shareholder's equity (deficit) (36,113) (36,171) (37,012)  
Noncontrolling interest   0 0  
Total Equity (Deficit) (36,113) (36,171) (37,012)  
TOTAL LIABILITIES AND DEFICIT $ (69,357) $ (68,388) $ (68,734)  
[1] Includes $22 million, $25 million and $28 million of net amounts receivable from SHO, and $1 million, $4 million and $1 million of amounts receivable from Seritage at August 4, 2018, July 29, 2017 and February 3, 2018, respectively. Also includes $1 million of net amounts receivable from Lands' End at July 29, 2017 and February 3, 2018.
[2] Includes $6 million prepaid rent to Seritage at both August 4, 2018 and February 3, 2018.
[3] Includes balances held by related parties of $525 million, $245 million and $645 million at August 4, 2018, July 29, 2017 and February 3, 2018, respectively, related to our Line of Credit Loans for all periods presented and also our Incremental Loans at February 3, 2018. See Note 2 for defined terms and Notes 2 and 11 for further information.
[4] Includes balances held by related parties of $131 million and $146 million at July 29, 2017 and February 3, 2018, respectively, related to our 2016 Secured Loan Facility for both periods and also our Old Senior Secured Notes at February 3, 2018. See Note 2 for defined terms and Notes 2 and 11 for further information.
[5] Includes balances held by related parties of $2.3 billion, $1.6 billion and $1.5 billion at August 4, 2018, July 29, 2017 and February 3, 2018, respectively, related to our Subsidiary Notes, Old Senior Unsecured Notes, Second Lien Term Loan, and 2016 Term Loan for all periods presented, our Consolidated Secured Loan Facility, FILO Loan, Mezzanine Loan, Additional Mezzanine Loans, New Senior Secured Notes and New Senior Unsecured Notes at August 4, 2018, our Term Loan Facility at August 4, 2018 and February 3, 2018, our 2017 Secured Loan Facility at July 29, 2017 and February 3, 2018, and our Old Senior Secured Notes at July 29, 2017. See Note 2 for defined terms and Notes 2 and Note 11 for further information.