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Accounting for Share-Based Payments (Tables)
 12 Months Ended
Jan. 29, 2016
Accounting for Share-Based Payments  
Schedule of Option Pricing Assumptions
The weighted average assumptions used in the Black-Scholes option-pricing model and weighted-average grant date fair value for options granted in 2015, 2014, and 2013 are as follows:
 
2015

 
2014

 
2013

Weighted-average assumptions used:
 
 
 
 
 
Expected volatility
31.3
%
 
34.2
%
 
34.2
%
Dividend yield
1.69
%
 
1.73
%
 
1.45
%
Risk-free interest rate
1.99
%
 
2.26
%
 
1.31
%
Expected term, in years
7.00

 
7.00

 
7.39

 
 
 
 
 
 
Weighted-average grant date fair value
$
20.27

 
$
17.00

 
$
12.24
Schedule of Stock Option Activity
Transactions related to stock options for the year ended January 29, 2016 are summarized as follows:
 
Shares
(In thousands)

 
Weighted-Average Exercise Price Per Share

 
Weighted-Average Remaining Term (In years)
 
Aggregate Intrinsic Value (In thousands)

Outstanding at January 30, 2015
6,311

 
$
35.98

 
 
 
 
Granted
862

 
69.44

 
 
 
 
Canceled, forfeited or expired
(215
)
 
54.21

 
 
 
 
Exercised
(1,527
)
 
30.26

 
 
 
 
Outstanding at January 29, 2016
5,431

 
$
42.18

 
6.04
 
$
160,105

Vested and expected to vest at January 29, 20161
5,357

 
$
41.91

 
6.00
 
$
159,387

Exercisable at January 29, 2016
3,200

 
$
32.88

 
4.28
 
$
124,067

1 
Includes outstanding vested options as well as outstanding nonvested options after a forfeiture rate is applied.
Schedule of Restricted Stock Awards Activity
Transactions related to restricted stock awards for the year ended January 29, 2016 are summarized as follows:
 
Shares
(In thousands)

 
Weighted-Average Grant-Date Fair Value Per Share

Nonvested at January 30, 2015
5,574

 
$
39.91

Granted
997

 
69.44

Vested
(1,959
)
 
29.28

Canceled or forfeited
(401
)
 
48.18

Nonvested at January 29, 2016
4,211

 
$
51.06
Schedule of Performance Share Units Classified as Equity Activity
Transactions related to performance share units classified as equity awards for the year ended January 29, 2016 are summarized as follows:
 
Units
(In thousands)1

 
Weighted-Average Grant-Date Fair Value Per Unit

Nonvested at January 30, 2015
957

 
$
37.00

Granted
257

 
71.52

Vested
(327
)
 
26.66

Canceled or forfeited
(95
)
 
49.77

Nonvested at January 29, 2016
792

 
$
50.93


¹
The number of units presented is based on achieving the targeted performance goals as defined in the performance share unit agreements. As of January 29, 2016, the maximum number of nonvested units that could vest under the provisions of the agreements was 1.2 million for the RONCAA awards.
Schedule of Performance Share Units Classified as Liability Activity
Transactions related to performance share units classified as liability awards for the year ended January 29, 2016 are summarized as follows:
 
Units
(In thousands)1

 
Weighted-Average Grant-Date Fair Value Per Unit

Nonvested at January 30, 2015
300

 
$
31.20

Canceled or forfeited
(173
)
 
27.36

Nonvested at January 29, 2016
127

 
$
36.47

¹
The number of units presented is based on achieving the targeted performance goals as defined in the performance share unit agreements. As of January 29, 2016, the maximum number of nonvested units that could vest under the provisions of the agreements was 0.2 million units for the brand differentiation awards.
Schedule of Restricted Stock Unit Activity
Transactions related to restricted stock units for the year ended January 29, 2016 are summarized as follows:

Shares
(In thousands)

 
Weighted-Average Grant-Date Fair Value Per Share

Nonvested at January 30, 2015
285

 
$
43.00

Granted
104

 
66.24

Vested
(49
)
 
28.05

Canceled or forfeited
(26
)
 
48.87

Nonvested at January 29, 2016
314

 
$
52.52