Stock-based Compensation (Tables)

12 Months Ended

Feb. 03, 2019

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Disclosure of Share-based Compensation Arrangements by Share-based Payment Award

The total fair value of restricted stock, performance shares, and restricted stock units that vested during the fiscal year follow.

in millions	Fiscal		Fiscal		Fiscal
	2018		2017		2016
Total fair value vested	$	367	$	309	$	354

A summary of restricted stock, performance shares, and restricted stock unit activity follows.

shares in thousands	Number of Shares		Weighted Average Grant Date Fair Value
Nonvested at January 28, 2018	4,729		$	123.03
Granted	1,930		167.20
Vested	(2,068	)	104.61
Forfeited	(349	)	142.58
Nonvested at February 3, 2019	4,242		150.51

Stock-based compensation expense, net of estimated forfeitures follows.

in millions	Fiscal		Fiscal		Fiscal
	2018		2017		2016
Stock-based compensation expense, net	$	282	$	273	$	267

Details regarding outstanding and exercisable stock options at the end of fiscal 2018 follow.

shares in thousands, dollars in millions, except for per share amounts	Number of Shares	Intrinsic Value		Weighted Average Remaining Life	Weighted Average Exercise Price
Outstanding	6,380	$	591	5 years	$	91.78
Exercisable	3,910	463		4 years	66.04

Deferred shares granted to non-employee directors follow.

	Fiscal	Fiscal	Fiscal
	2018	2017	2016
Deferred shares granted	26,000	27,000	29,000

The per share weighted average fair value of stock options granted and the assumptions used in determining fair value at the date of grant using the Black-Scholes option-pricing model follow.

	Fiscal			Fiscal			Fiscal
	2018			2017			2016
Per share weighted average fair value	$	32.28		$	21.85		$	20.26
Risk-free interest rate	2.7		%	1.9		%	1.4		%
Assumed volatility	21.3		%	19.4		%	20.7		%
Assumed dividend yield	2.3		%	2.4		%	2.1		%
Assumed lives of options	5 years			5 years			5 years

The total intrinsic value of stock options exercised follow.

in millions	Fiscal	Fiscal	Fiscal
	2018	2017	2016
Total intrinsic value of stock options exercised	138	223	140

A summary of stock option activity by number of shares and weighted average exercise price follows.

shares in thousands	Number of Shares		Weighted Average Exercise Price
Outstanding at January 28, 2018	7,196		$	82.85
Granted	412		178.67
Exercised	(1,072	)	59.54
Forfeited	(156	)	130.78
Outstanding at February 3, 2019	6,380		91.78