Fair Value Measurements (Tables)

3 Months Ended

May 03, 2014

Fair Value Disclosures [Abstract]

Fair Value Measurements - Recurring Basis

Fair Value Measurements - Recurring Basis
	Fair Value at						Fair Value at						Fair Value at
	May 3, 2014						February 1, 2014						May 4, 2013
(millions)	Level 1		Level 2		Level 3		Level 1		Level 2		Level 3		Level 1		Level 2		Level 3
Assets
Cash and cash equivalents
Short-term investments	$	3	$	—	$	—	$	3	$	—	$	—	$	1,112	$	—	$	—
Other current assets
Interest rate swaps(a)	—		1		—		—		1		—		—		1		—
Prepaid forward contracts	80		—		—		73		—		—		74		—		—
Beneficial interest asset(b)	—		—		62		—		—		71		—		—		98
Other noncurrent assets
Interest rate swaps(a)	—		56		—		—		62		—		—		83		—
Company-owned life insurance investments(c)	—		313		—		—		305		—		—		285		—
Beneficial interest asset(b)	—		—		46		—		—		56		—		—		110
Total	$	83	$	370	$	108	$	76	$	368	$	127	$	1,186	$	369	$	208
Liabilities
Other noncurrent liabilities
Interest rate swaps(a)	—		35		—		—		39		—		—		53		—
Total	$	—	$	35	$	—	$	—	$	39	$	—	$	—	$	53	$	—

^(a) See Note 6 for additional information on interest rate swaps.

^(b) Note 3 includes a rollforward of the Level 3 beneficial interest asset.

^(c)Company-owned life insurance investments consist of equity index funds and fixed income assets. Amounts are presented net of nonrecourse loans that are secured by some of these policies. These loan amounts totaled $800 million at May 3, 2014, $790 million at February 1, 2014 and $782 million at May 4, 2013.