TAXES BASED ON INCOME (Tables)

12 Months Ended

Jan. 28, 2012

TAXES BASED ON INCOME

Provision for income taxes

	2011			2010			2009
Federal
Current	$	146		$	697		$	193
Deferred	78			(136		)	275
	224			561			468
State and local
Current	42			95			41
Deferred	(19		)	(55		)	23
	23			40			64
Total	$	247		$	601		$	532

Reconciliation of the statutory federal rate and the effective rate

	2011		2010		2009
Statutory rate	35.0	%	35.0	%	35.0	%
State income taxes, net of federal tax benefit	1.8	%	1.5	%	7.1	%
Credits	(3.6	)%	(1.3	)%	(3.4	)%
Favorable resolution of issues	(3.4	)%	(.8	)%	(2.5	)%
Goodwill impairment	—		—		53.9	%
Other changes, net	(0.5	)%	0.3	%	0.3	%
	29.3	%	34.7	%	90.4	%

Significant temporary differences that comprise tax balances

	2011			2010
Current deferred tax assets:
Net operating loss and credit carryforwards	$	1		$	2
Compensation related costs	171			165
Total current deferred tax assets	172			167
Current deferred tax liabilities:
Insurance related costs	(111		)	(113		)
Inventory related costs	(220		)	(229		)
Other	(31		)	(45		)
Total current deferred tax liabilities	(362		)	(387		)
Current deferred taxes	$	(190	)	$	(220	)
Long-term deferred tax assets:
Compensation related costs	$	749		$	474
Lease accounting	93			97
Closed store reserves	66			61
Insurance related costs	76			75
Net operating loss and credit carryforwards	44			47
Other	23			11
Long-term deferred tax assets	1,051			765
Long-term deferred tax liabilities:
Depreciation	(1,698		)	(1,515		)
Long-term deferred taxes	$	(647	)	$	(750	)

Reconciliation of beginning and ending amounts of unrecognized tax benefits

	2011			2010			2009
Beginning balance	$	333		$	586		$	492
Additions based on tax positions related to the current year	38			38			111
Reductions based on tax positions related to the current year	—			(237		)	(4		)
Additions for tax positions of prior years	26			13			33
Reductions for tax positions of prior years	(10		)	(51		)	(16		)
Settlements	(12		)	(16		)	(30		)
Ending balance	$	375		$	333		$	586