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Stock-Based Compensation (Tables)
11 Months Ended
Jan. 01, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Stock-Based Compensation and Related Tax Benefits Recognized
Stock-based compensation and related tax benefits recognized under all plans were as follows:
 
11 Months Ended
 
12 Months Ended
 
January 1,
2016

January 30,
2015

January 31,
2014
 
(in millions)
Stock-based compensation expense:
 
 
 
 
 
Stock options
$
3

 
$
5

 
$
10

Vesting stock awards
27

 
35

 
46

Vested stock awards

 
2

 

Total stock-based compensation expense recorded in continuing operations
$
30

 
$
42

 
$
56

Total stock-based compensation expense recorded in discontinued operations
$

 
$

 
$
21

Tax benefits recognized from stock-based compensation
$
12

 
$
16

 
$
22

Schedule of Weighted Average Grant-Date Fair Value And Assumptions Used
The weighted average grant-date fair value and assumptions used to determine fair value of stock options granted for the 11-month period ended January 1, 2016, fiscal 2015 and fiscal 2014 were as follows:
 
11 Months Ended
 
12 Months Ended
 
January 1,
2016
 
January 30,
2015
 
January 31, 2014 (Grants After Spin)
 
January 31, 2014 (Grants Before Spin)
Weighted average grant-date fair value
$
6.72

 
$
6.15

 
$
9.04

 
$
9.48

Expected term (in years)
4.7

 
4.7

 
4.8

 
5.0

Expected volatility
24.5
%
 
25.1
%
 
29.5
%
 
30.0
%
Risk-free interest rate
1.4
%
 
1.6
%
 
1.4
%
 
1.4
%
Dividend yield
2.9
%
 
2.9
%
 
2.4
%
 
2.8
%



Schedule of Options Outstanding
Stock option activity for each of the periods presented was as follows:
 
Shares of
stock under
stock options
 
Weighted
average
exercise  price
 
Weighted
average
remaining
contractual
term
 
Aggregate
intrinsic value
 
(in millions)
 
 
 
(in years)
 
(in millions)
Outstanding at January 31, 2013
4.9

 
$
67.24

 
3.0
 

Options granted
1.4

 
54.86

 
 
 
 
Special dividend adjustments
0.4

 
 
 
 
 
 
Options forfeited or expired
(1.3
)
 
71.80

 
 
 
 
Spin-off Adjustment
(1.9
)
 
57.85

 
 
 


Outstanding at September 27, 2013 (before spin)
3.5

 
$
59.25

 
3.9
 
$
24

Outstanding at September 28, 2013 (after spin)
4.9

*
$
40.20

*
3.9
 
$
24

Options granted
0.2

 
45.16

 
 
 
 
Options forfeited or expired
(0.4
)
 
39.43

 
 
 
 
Options exercised
(0.2
)
 
43.10

 
 
 
1

Outstanding at January 31, 2014
4.5

 
$
40.32

 
3.8
 
$
25

Options granted
0.7

 
37.25

 
 
 
 
Options forfeited or expired
(1.5
)
 
43.90

 
 
 
 
Options exercised
(0.1
)
 
34.89

 
 
 
1

Outstanding at January 30, 2015
3.6

 
$
38.50

 
4.0
 
$
14

Options granted
0.6

 
42.64

 
 
 
 
Options forfeited or expired
(0.9
)
 
42.03

 
 
 
 
Options exercised
(0.9
)
 
38.53

 
 
 
9

Outstanding at January 1, 2016
2.4

 
$
38.21

 
4.5
 
$
43

Exercisable at January 1, 2016
0.8

 
$
38.39

 
3.6
 
$
15

Vested and expected to vest in the future as of January 1, 2016
2.3

 
$
38.11

 
4.5
 
$
41

*Adjusted for Conversion Ratio of 1.4523
Schedule of Vesting Stock Award Activity
Vesting stock award activity for each of the periods presented was as follows:
 
Shares of stock
under stock
awards
 
Weighted
average grant-
date fair value
 
 
(in millions)

 
 
 
Unvested at January 31, 2013
3.1

 
$
60.78

 
Awards granted
2.1

 
53.51

 
Awards forfeited
(0.4
)
 
58.28

 
Awards vested
(0.9
)
 
64.76

 
Spin-off Adjustment
(1.5
)
 
57.04

 
Unvested at September 27, 2013 (before spin)
2.4

 
$
59.98

 
Unvested stock awards at September 28, 2013 (after spin)
3.5

*
$
41.54

*
Awards granted
0.4


45.41


Awards forfeited
(0.2
)
 
39.75

 
Unvested stock awards at January 31, 2014
3.7

 
$
39.58

 
Awards granted
0.8


37.06


Awards forfeited
(0.5
)

39.05


Awards vested
(1.0
)

41.08


Unvested stock awards at January 30, 2015
3.0


$
38.51


Awards granted
0.5

 
42.95

 
Awards forfeited
(0.4
)
 
40.10

 
Awards vested
(0.8
)
 
40.05

 
Unvested stock awards at January 1, 2016
2.3

 
$
38.97

 

* Adjusted for Conversion Ratio of 1.4523
Schedule of Performance-Based Stock Award Activity
Performance-based stock award activity for each of the periods presented was as follows:
 
Expected number
of shares of stock
to be issued under
performance-based
stock awards
 
Weighted
average grant-
date fair value
 
 
(in millions)
 
 
 
Unvested at January 31, 2013
0.3

 
$
52.96

 
Awards canceled
(0.2
)
 
53.11

 
Unvested at January 31, 2014
0.1

*
$
36.65

*
Awards granted
0.1

 
37.64

 
Awards vested
(0.1
)
 
36.69

 
Unvested at January 30, 2015
0.1

 
$
37.70

 
Awards granted
0.2

 
44.30

 
Awards forfeited
(0.1
)
 
43.49

 
Unvested at January 1, 2016
0.2

 
$
43.35

 


*Adjusted for Conversion Ratio of 1.4523