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Consolidated Statements of Cash Flows (USD $)
In Millions
6 Months Ended
Jul. 30, 2011
Jul. 31, 2010
Operating activities    
Net earnings $ 1,393 $ 1,350
Reconciliation to cash flow    
Depreciation and amortization 1,022 1,012
Share-based compensation expense 44 52
Deferred income taxes 122 148
Bad debt expense 27 335
Non-cash (gains)/losses and other, net 62 (39)
Changes in operating accounts:    
Accounts receivable originated at Target 143 241
Inventory (330) (549)
Other current assets 80 5
Other noncurrent assets 16 (118)
Accounts payable (119) (283)
Accrued and other current liabilities (129) (247)
Other noncurrent liabilities 5 (79)
Cash flow provided by operations 2,336 1,828
Investing activities    
Expenditures for property and equipment (2,379) (991)
Proceeds from disposal of property and equipment 2 32
Change in accounts receivable originated at third parties 261 254
Other investments (19) (20)
Cash flow required for investing activities (2,135) (725)
Financing activities    
Additions to long-term debt 1,000 997
Reductions of long-term debt (238) (1,339)
Dividends paid (346) (252)
Repurchase of stock (1,493) (1,285)
Stock option exercises and related tax benefit 34 116
Other 20  
Cash flow required for financing activities (1,023) (1,763)
Net decrease in cash and cash equivalents (822) (660)
Cash and cash equivalents at beginning of period 1,712 2,200
Cash and cash equivalents at end of period $ 890 $ 1,540