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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
3 Months Ended
May 04, 2013
Apr. 28, 2012
Operating activities    
Net earnings $ 498 $ 697
Reconciliation to cash flow    
Depreciation and amortization 536 529
Share-based compensation expense 29 25
Deferred income taxes (66) 7
Bad debt expense 41 [1] 52 [1]
Gain on receivables transaction (391)  
Loss on debt extinguishment 445  
Noncash (gains)/losses and other, net 8 2
Changes in operating accounts:    
Accounts receivable originated at Target 157 142
Proceeds on sale of accounts receivable originated at Target 2,717  
Inventory (175) 248
Other current assets (64) 88
Other noncurrent assets 20 (3)
Accounts payable (375) (566)
Accrued and other current liabilities (146) 28
Other noncurrent liabilities (4) 58
Cash flow provided by operations 3,230 1,307
Investing activities    
Expenditures for property and equipment (901) (829)
Proceeds from disposal of property and equipment 19 1
Change in accounts receivable originated at third parties 121 185
Proceeds from sale of accounts receivable originated at third parties 3,020  
Cash paid for acquisitions, net of cash assumed (58)  
Other investments 52 (16)
Cash flow provided by/(required for) investing activities 2,253 (659)
Financing activities    
Change in commercial paper, net (970) 450
Additions to long-term debt   500
Reductions of long-term debt (2,916) (1,005)
Dividends paid (232) (201)
Repurchase of stock (540) (592)
Stock option exercises and related tax benefit 209 82
Other   (2)
Cash flow required for financing activities (4,449) (768)
Effect of exchange rate changes on cash and cash equivalents 1 1
Net increase/(decrease) in cash and cash equivalents 1,035 (119)
Cash and cash equivalents at beginning of period 784 794
Cash and cash equivalents at end of period $ 1,819 $ 675
[1] Includes net write-offs of credit card receivables prior to the sale of receivables on March 13, 2013, and bad debt expense on credit card receivables during the three months ended April 28, 2012.