DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

9 Months Ended

Nov. 09, 2013

DERIVATIVE FINANCIAL INSTRUMENTS

Summary of outstanding interest rate swaps designated as fair value hedges

	November 9, 2013					February 2, 2013
	PayFloating			PayFixed		PayFloating			PayFixed
Notional amount	$	100		$	—	$	475		$	—
Number of contracts	2			—		6			—
Duration in years	5.17			—		1.41			—
Average variable rate	5.84		%	—		3.29		%	—
Average fixed rate	6.80		%	—		5.38		%	—
Maturity	December 2018					Between April 2013 and December 2018

Schedule of gains or losses on fair value hedges and hedged items and the fair value of derivative instruments designated as fair value hedges

	Third Quarter Ended
	November 9, 2013					November 3, 2012
Income Statement Classification	Gain/(Loss) on Swaps		Gain/(Loss) on Borrowings			Gain/(Loss) on Swaps			Gain/(Loss) on Borrowings
Interest Expense	$	1	$	(2	)	$	(4	)	$	4

	Three Quarters Ended
	November 9, 2013					November 3, 2012
Income Statement Classification	Gain/(Loss) on Swaps			Gain/(Loss) on Borrowings		Gain/(Loss) on Swaps			Gain/(Loss) on Borrowings
Interest Expense	$	(4	)	$	3	$	(18	)	$	14

	Asset Derivatives
	Fair Value
Derivatives Designated as Fair Value Hedging Instruments	November 9, 2013			February 2, 2013		Balance Sheet Location
Interest Rate Hedges	$	(3	)	$	1	(Other Long-Term Liabilities)/Other Assets

Schedule of effect of derivative instruments designated as cash flow hedges

	Third Quarter Ended
	Amount of Gain/(Loss) in AOCI on Derivatives (Effective Portion)						Amount of Gain/(Loss) Reclassified from AOCI into Income (Effective Portion)					Location of Gain/(Loss)
Derivatives in Cash Flow Hedging Relationships	November 9, 2013			November 3, 2012			November 9, 2013		November 3, 2012			Reclassified into Income (Effective Portion)
Forward-Starting Interest Rate Swaps, net of tax*	$	(24	)	$	(39	)	$	—	$	(1	)	Interest expense

*The amounts of Gain/(Loss) in AOCI on derivatives include unamortized proceeds and payments from forward-starting interest rate swaps once classified as cash flow hedges. 

	Three Quarters Ended
	Amount of Gain/(Loss) in AOCI on Derivatives (Effective Portion)						Amount of Gain/(Loss) Reclassified from AOCI into Income (Effective Portion)						Location of Gain/(Loss)
Derivatives in Cash Flow Hedging Relationships	November 9, 2013			November 3, 2012			November 9, 2013			November 3, 2012			Reclassified into Income (Effective Portion)
Forward-Starting Interest Rate Swaps, net of tax*	$	(24	)	$	(39	)	$	(1	)	$	(3	)	Interest expense

*The amounts of Gain/(Loss) in AOCI on derivatives include unamortized proceeds and payments from forward-starting interest rate swaps once classified as cash flow hedges. 

Schedule of effects of master-netting agreements

			Gross Amounts Offset		Net Amount Presented in the		Gross Amounts Not Offset in the Statement of Financial Position
November 9, 2013	Gross Amount Recognized		in the Statement of Financial Position		Statement of Financial Position		Financial Instruments		Cash Collateral		Net Amount
Assets
Cash Flow Forward-Starting Interest Rate Swaps	$	18	$	—	$	18	$	—	$	—	$	18
Liabilities
Fair Value Interest Rate Swaps	$	3	$	—	$	3	$	—	$	—	$	3

			Gross Amounts Offset			Net Amount Presented in the		Gross Amounts Not Offset in the Statement of Financial Position
February 2, 2013	Gross Amount Recognized		in the Statement of Financial Position			Statement of Financial Position		Financial Instruments		Cash Collateral		Net Amount
Assets
Cash Flow Forward-Starting Interest Rate Swaps	$	16	$	(2	)	$	14	$	—	$	—	$	14
Fair Value Interest Rate Swaps	1		—			1		—		—		1
Total	$	17	$	(2	)	$	15	$	—	$	—	$	15
Liabilities
Cash Flow Forward-Starting Interest Rate Swaps	$	11	$	(2	)	$	9	$	—	$	—	$	9