TAXES BASED ON INCOME (Tables)

12 Months Ended

Jan. 28, 2017

INCOME TAXES

Schedule of provision for income taxes

	2016		2015		2014
Federal
Current	$	721	$	723	$	847
Deferred		158		266		(15)
Subtotal federal		879		989		832
State and local
Current		51		37		59
Deferred		27		19		11
Subtotal state and local		78		56		70
Total	$	957	$	1,045	$	902

Schedule of reconciliation of the statutory federal rate and the effective rate

	2016		2015		2014
Statutory rate	35.0	%	35.0	%	35.0	%
State income taxes, net of federal tax benefit	1.6	%	1.2	%	1.7	%
Credits	(1.1)	%	(1.2)	%	(1.2)	%
Favorable resolution of audit issues	(0.5)	%	(0.2)	%	(0.4)	%
Domestic manufacturing deduction	(0.7)	%	(0.7)	%	(0.7)	%
Excess tax benefits from share-based payments	(1.6)	%	—	%	—	%
Other changes, net	0.1	%	(0.3)	%	(0.3)	%
	32.8	%	33.8	%	34.1	%

Schedule of significant temporary differences that comprise tax balances

	2016		2015
Current deferred tax assets:
Net operating loss and credit carryforwards	$	23	$	10
Compensation related costs		67		83
Other		50		61
Subtotal		140		154
Valuation allowance		(11)		(9)
Total current deferred tax assets		129		145
Current deferred tax liabilities:
Insurance related costs		(52)		(56)
Inventory related costs		(328)		(310)
Total current deferred tax liabilities		(380)		(366)
Current deferred taxes	$	(251)	$	(221)
Long-term deferred tax assets:
Compensation related costs	$	783	$	709
Lease accounting		121		106
Closed store reserves		46		57
Insurance related costs		7		29
Net operating loss and credit carryforwards		101		128
Other		1		17
Subtotal		1,059		1,046
Valuation allowance		(39)		(43)
Total long-term deferred tax assets		1,020		1,003
Long-term deferred tax liabilities:
Depreciation and amortization		(2,947)		(2,755)
Total long-term deferred tax liabilities		(2,947)		(2,755)
Long-term deferred taxes	$	(1,927)	$	(1,752)

Schedule of reconciliation of beginning and ending amounts of unrecognized tax benefits

	2016		2015		2014
Beginning balance	$	204	$	246	$	325
Additions based on tax positions related to the current year		10		11		17
Reductions based on tax positions related to the current year		(1)		(11)		(6)
Additions for tax positions of prior years		3		4		9
Reductions for tax positions of prior years		(30)		(27)		(36)
Settlements		(2)		(17)		(63)
Lapse of statute		(7)		(2)		—
Ending balance	$	177	$	204	$	246