STOCK OPTION PLANS (Tables)

12 Months Ended

Feb. 03, 2018

STOCK OPTION PLANS

Summary of changes in stock options outstanding

	Shares	Weighted-
	subject	average
	to option	exercise
	(in millions)	price
Outstanding, year-end 2014	40.8	$	15.56
Granted	3.4	$	38.40
Exercised	(8.9)	$	13.54
Canceled or Expired	(0.4)	$	19.98
Outstanding, year-end 2015	34.9	$	18.26
Granted	4.8	$	37.10
Exercised	(4.9)	$	14.20
Canceled or Expired	(0.5)	$	28.35
Outstanding, year-end 2016	34.3	$	21.32
Granted	7.0	$	23.00
Exercised	(3.8)	$	14.08
Canceled or Expired	(0.8)	$	28.29
Outstanding, year-end 2017	36.7	$	22.23

Summary of options outstanding, exercisable and expected to vest

		Weighted-average			Aggregate
		remaining	Weighted-average		intrinsic
	Number of shares	contractual life	exercise price		value
	(in millions)	(in years)			(in millions)
Options Outstanding	36.7	6.09	$	22.23	324
Options Exercisable	22.5	4.66	$	18.50	265
Options Expected to Vest	13.8	8.37	$	28.18	57

Summary of changes in restricted stock outstanding

	Restricted
	shares	Weighted-average
	outstanding	grant-date
	(in millions)	fair value
Outstanding, year-end 2014	10.2	$	21.04
Granted	3.2	$	38.34
Lapsed	(5.4)	$	21.49
Canceled or Expired	(0.4)	$	22.80
Outstanding, year-end 2015	7.6	$	28.01
Granted	3.6	$	37.03
Lapsed	(3.5)	$	28.52
Canceled or Expired	(0.3)	$	30.70
Outstanding, year-end 2016	7.4	$	32.09
Granted	5.8	$	23.04
Lapsed	(3.6)	$	31.05
Canceled or Expired	(0.4)	$	29.26
Outstanding, year-end 2017	9.2	$	26.78

Summary of weighted-average assumptions used for grants awarded to option holders

	2017		2016		2015
Weighted average expected volatility	22.78	%	21.40	%	24.07	%
Weighted average risk-free interest rate	2.21	%	1.29	%	2.12	%
Expected dividend yield	2.20	%	1.40	%	1.20	%
Expected term (based on historical results)	7.2	years	7.2	years	7.2	years