DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

12 Months Ended

Feb. 01, 2014

DERIVATIVE FINANCIAL INSTRUMENTS

Summary of outstanding interest rate swaps designated as fair value hedges

	2013					2012
	Pay Floating			Pay Fixed		Pay Floating			Pay Fixed
Notional amount	$	100		$	—	$	475		$	—
Number of contracts	2			—		6			—
Duration in years	4.94			—		1.41			—
Average variable rate	5.83		%	—		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

	Year-To-Date
	February 1, 2014					February 2, 2013
Consolidated Statement of Operations Classification	Gain/(Loss) on Swaps			Gain/(Loss) on Borrowings		Gain/(Loss) on Swaps			Gain/(Loss) on Borrowings
Interest Expense	$	(3	)	$	4	$	(24	)	$	16

	Asset Derivatives
	Fair Value
Derivatives Designated as Fair Value Hedging Instruments	February 1, 2014			February 2, 2013		Balance Sheet Location
Interest Rate Hedges	$	(2	)	$	1	(Other Long-Term Liabilities)/Other Assets

Schedule of effect of derivative instruments designated as cash flow hedges

	Year-To-Date
Derivatives in Cash Flow Hedging	Amount of Gain/(Loss) in AOCI on Derivative (Effective Portion)						Amount of Gain/(Loss) Reclassified from AOCI into Income (Effective Portion)						Location of Gain/(Loss) Reclassified into Income
Relationships	2013			2012			2013			2012			(Effective Portion)
Forward-Starting Interest Rate Swaps, net of tax*	$	(25	)	$	(14	)	$	(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 that were terminated prior to end of 2013.

Schedule of effects of master netting agreements

					Net Amount		Gross Amounts Not Offset in the Balance Sheet
February 1, 2014	Gross Amount Recognized		Gross Amounts Offset in the Balance Sheet		Presented in the Balance Sheet		Financial Instruments		Cash Collateral			Net Amount
Liabilities
Fair Value Interest Rate Swaps	$	2	$	—	$	2	$	—		$	—	$	2

						Net Amount		Gross Amounts Not Offset in the Balance Sheet
February 2, 2013	Gross Amount Recognized		Gross Amounts Offset in the Balance Sheet			Presented in the Balance Sheet		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