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Credit Card Receivables Transaction (Details) (USD $)
3 Months Ended 0 Months Ended 3 Months Ended 0 Months Ended
May 03, 2014
May 04, 2013
Mar. 13, 2013
Nonrecourse
May 04, 2013
Nonrecourse
Mar. 13, 2013
Credit card receivables
Accounts, Notes, Loans and Financing Receivable          
Gain on sale of receivables $ 0 $ 391,000,000     $ 391,000,000
Consideration from sale of consumer credit card portfolio         5,700,000,000
Consideration in form of beneficial interest asset         225,000,000
Repayment of 2006/2007 Series Variable Funding Certificate at par     1,500,000,000 1,500,000,000  
Net cash proceeds from sale of consumer credit card portfolio         4,200,000,000
Profit-sharing income recognized from credit card portfolio sale transaction 167,000,000 105,000,000      
Reduction in the beneficial interest asset related to the profit sharing agreement 18,000,000 [1],[2] 17,000,000 [1],[2]      
Profit-sharing income recognized, net of offsetting, with reduction in beneficial interest asset 148,000,000 88,000,000      
Decrease in beneficial interest asset related to profit-sharing payments related to sold receivables 21,000,000 15,000,000      
Net revaluation adjustment in the beneficial interest asset (2,000,000) 2,000,000      
Beneficial interest asset $ 108,000,000 $ 208,000,000      
Amortization period of beneficial interest asset 3 years        
[1] The sum of segment SG&A expenses, reduction of beneficial interest asset, Data Breach related costs and card brand conversion costs equal consolidated SG&A expenses.
[2] Our U.S. Segment includes all TD profit-sharing amounts in segment EBIT; however, under GAAP, some amounts received from TD reduce the beneficial interest asset and are not recorded in consolidated earnings.