TAXES BASED ON INCOME (Tables)

12 Months Ended

Feb. 02, 2019

INCOME TAXES

Schedule of provision for income taxes

	2018		2017		2016
Federal
Current	$	775	$	309	$	721
Deferred		(3)		(747)		158
Subtotal federal		772		(438)		879
State and local
Current		108		15		51
Deferred		20		18		27
Subtotal state and local		128		33		78
Total	$	900	$	(405)	$	957

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

	2018		2017		2016
Statutory rate	21.0	%	33.7	%	35.0	%
State income taxes, net of federal tax benefit	2.6		1.7		1.6
Credits	(1.3)		(2.5)		(1.1)
Resolution of issues	0.5		—		(0.5)
Domestic manufacturing deduction	—		(1.1)		(0.7)
Excess tax benefits from share-based payments	(0.3)		(0.4)		(1.6)
Effect of Tax Cuts and Jobs Act	—		(60.8)		—
Impairment of goodwill	—		2.3		—
Other changes, net	0.1		(0.2)		0.1
	22.6	%	(27.3)	%	32.8	%

Schedule of significant temporary differences that comprise tax balances

	2018		2017
Deferred tax assets:
Compensation related costs	$	350	$	348
Lease accounting		81		78
Closed store reserves		41		45
Net operating loss and credit carryforwards		110		146
Other		55		54
Subtotal		637		671
Valuation allowance		(54)		(62)
Total deferred tax assets		583		609
Deferred tax liabilities:
Depreciation and amortization		(1,850)		(1,892)
Insurance related costs		(38)		(32)
Inventory related costs		(257)		(253)
Total deferred tax liabilities		(2,145)		(2,177)
Deferred taxes	$	(1,562)	$	(1,568)

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

	2018		2017		2016
Beginning balance	$	180	$	177	$	204
Additions based on tax positions related to the current year		7		11		10
Reductions based on tax positions related to the current year		(1)		(1)		(1)
Additions for tax positions of prior years		23		6		3
Reductions for tax positions of prior years		(22)		(8)		(30)
Settlements		(10)		—		(2)
Lapse of statute		(3)		(5)		(7)
Ending balance	$	174	$	180	$	177