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TAXES BASED ON INCOME (Tables)
12 Months Ended
Feb. 01, 2020
TAXES BASED ON INCOME  
Schedule of provision for taxes based on income

​

​

​

​

​

​

​

​

​

​

​

​

​

    

2019

    

2018

    

2017

 

Federal

​

​

​

​

​

​

​

​

​

​

Current

​

$

454

​

$

775

​

$

309

​

Deferred

​

 

(50)

​

 

(3)

​

 

(747)

​

​

​

​

​

​

​

​

​

​

​

​

Subtotal federal

​

 

404

​

 

772

​

 

(438)

​

​

​

​

​

​

​

​

​

​

​

​

State and local

​

​

​

​

​

​

​

​

​

​

Current

​

 

70

​

 

108

​

 

15

​

Deferred

​

 

(5)

​

 

20

​

 

18

​

​

​

​

​

​

​

​

​

​

​

​

Subtotal state and local

​

 

65

​

 

128

​

 

33

​

​

​

​

​

​

​

​

​

​

​

​

Total

​

$

469

​

$

900

​

$

(405)

​

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

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​

​

​

​

​

​

​

​

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2019

    

2018

    

2017

 

Statutory rate

 

21.0

%  

21.0

%  

33.7

%  

State income taxes, net of federal tax benefit

 

2.6

​

2.6

​

1.7

​

Credits

 

(1.5)

​

(1.3)

​

(2.5)

​

Resolution of issues

 

(0.1)

​

0.5

​

—

​

Domestic manufacturing deduction

 

—

​

—

​

(1.1)

​

Excess tax benefits from share-based payments

​

(0.2)

​

(0.3)

​

(0.4)

​

Effect of Tax Cuts and Jobs Act

​

—

​

—

​

(60.8)

​

Impairment of goodwill

​

—

​

—

​

2.3

​

Impairment losses attributable to noncontrolling interest

​

1.2

​

—

​

—

​

Other changes, net

 

0.7

​

0.1

​

(0.2)

​

​

​

​

​

​

​

​

​

​

 

23.7

%  

22.6

%  

(27.3)

%

Schedule of the tax effects of significant temporary differences that comprise tax balances

​

​

​

​

​

​

​

​

​

​

    

2019

    

2018

 

Deferred tax assets:

​

​

​

​

​

​

​

Compensation related costs

​

$

406

​

$

350

​

Lease liabilities

​

 

1,872

​

 

81

​

Closed store reserves

​

 

55

​

 

41

​

Net operating loss and credit carryforwards

​

 

100

​

 

110

​

Deferred Income

​

​

172

​

​

84

​

Allowance for uncollectible receivables

​

​

93

​

​

18

​

Other

​

​

—

​

 

9

​

​

​

​

​

​

​

​

​

Subtotal

​

 

2,698

​

 

693

​

Valuation allowance

​

 

(55)

​

 

(54)

​

​

​

​

​

​

​

​

​

Total deferred tax assets

​

 

2,643

​

 

639

​

​

​

​

​

​

​

​

​

Deferred tax liabilities:

​

​

​

​

​

​

​

Depreciation and amortization

​

 

(1,942)

​

 

(1,850)

​

Operating lease assets

​

 

(1,782)

​

​

—

​

Insurance related costs

​

​

(28)

​

​

(38)

​

Inventory related costs

​

​

(252)

​

​

(257)

​

Equity investments in excess of tax basis

​

​

(94)

​

​

(56)

​

Other

​

​

(11)

​

​

—

​

​

​

​

​

​

​

​

​

Total deferred tax liabilities

​

 

(4,109)

​

 

(2,201)

​

​

​

​

​

​

​

​

​

Deferred taxes

​

$

(1,466)

​

$

(1,562)

​

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

​

​

​

​

​

​

​

​

​

​

​

​

​

    

2019

    

2018

    

2017

 

Beginning balance

​

$

174

​

$

180

​

$

177

​

Additions based on tax positions related to the current year

​

 

13

​

 

7

​

 

11

​

Reductions based on tax positions related to the current year

​

 

—

​

 

(1)

​

 

(1)

​

Additions for tax positions of prior years

​

 

8

​

 

23

​

 

6

​

Reductions for tax positions of prior years

​

 

(1)

​

 

(22)

​

 

(8)

​

Settlements

​

​

(19)

​

 

(10)

​

 

—

​

Lapse of statute

​

​

(1)

​

​

(3)

​

​

(5)

​

Ending balance

​

$

174

​

$

174

​

$

180

​