TAXES BASED ON INCOME (Tables)

12 Months Ended

Feb. 02, 2013

TAXES BASED ON INCOME

Provision for income taxes

	2012		2011			2010
Federal
Current	$	563	$	146		$	697
Deferred	154		78			(136		)
	717		224			561
State and local
Current	46		42			95
Deferred	31		(19		)	(55		)
	77		23			40
Total	$	794	$	247		$	601

Reconciliation of the statutory federal rate and the effective rate

	2012		2011		2010
Statutory rate	35.0	%	35.0	%	35.0	%
State income taxes, net of federal tax benefit	2.2	%	1.8	%	1.5	%
Credits	(1.4	)%	(3.6	)%	(1.3	)%
Favorable resolution of issues	(0.5	)%	(3.4	)%	(.8	)%
Other changes, net	(0.8	)%	(0.5	)%	0.3	%
	34.5	%	29.3	%	34.7	%

Significant temporary differences that comprise tax balances

	2012			2011
Current deferred tax assets:
Net operating loss and credit carryforwards	$	4		$	1
Compensation related costs	79			171
Total current deferred tax assets	83			172
Current deferred tax liabilities:
Insurance related costs	(116		)	(111		)
Inventory related costs	(234		)	(220		)
Other	(17		)	(31		)
Total current deferred tax liabilities	(367		)	(362		)
Current deferred taxes	$	(284	)	$	(190	)
Long-term deferred tax assets:
Compensation related costs	$	564		$	749
Lease accounting	87			93
Closed store reserves	56			66
Insurance related costs	77			76
Net operating loss and credit carryforwards	82			86
Other	2			23
Subtotal	868			1,093
Valuation allowance	(32		)	(42		)
Total long-term deferred tax assets	836			1,051
Long-term deferred tax liabilities:
Depreciation	(1,636		)	(1,698		)
Long-term deferred taxes	$	(800	)	$	(647	)

Reconciliation of beginning and ending amounts of unrecognized tax benefits

	2012			2011			2010
Beginning balance	$	310		$	285		$	544
Additions based on tax positions related to the current year	45			24			38
Reductions based on tax positions related to the current year	(9		)	—			(273		)
Additions for tax positions of prior years	1			24			13
Reductions for tax positions of prior years	(27		)	(11		)	(21		)
Settlements	(21		)	(12		)	(16		)
Ending balance	$	299		$	310		$	285