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Accelerated Share Repurchase Agreements (Tables)
12 Months Ended
Feb. 01, 2015
Accelerated Share Repurchase [Abstract]  
Accelerated Share Repurchases
The following table provides the terms for each of the ASR agreements the Company entered into during the last three fiscal years. Each of these agreements followed the structure outlined above (amounts in millions):
Agreement Date
 
Settlement Date
 
Amount
 
Initial Shares Delivered
 
Additional Shares Delivered
 
Total Shares Delivered
Q1 2012
 
Q2 2012
 
$
1,000

 
17.2

 
2.8
 
20.0
Q2 2012
 
Q3 2012
 
1,400

 
21.5

 
5.6
 
27.1
Q3 2012
 
Q4 2012
 
650

 
9.3

 
1.5
 
10.8
Q1 2013
 
Q2 2013
 
1,500

 
18.1

 
2.1
 
20.2
Q2 2013
 
Q3 2013
 
1,700

 
19.6

 
2.4
 
22.0
Q3 2013
 
Q4 2013
 
1,500

 
16.4

 
3.4
 
19.8
Q4 2013
 
Q4 2013
 
1,500

 
15.0

 
3.9
 
18.9
Q1 2014
 
Q1 2014
 
950

 
9.5

 
2.6
 
12.1
Q2 2014
 
Q3 2014
 
1,750

 
16.9

 
4.5
 
21.4
   Q1 2015(1)
 
TBD
 
$
850

 
7.0

 
TBD
 
TBD
 —————
(1)
The final number of shares delivered upon settlement of the agreement will be determined with reference to the volume weighted average price per share of the Company's common stock over the term of the agreement, less a negotiated discount.
TBD - To Be Determined