Long-term Debt (Tables)

12 Months Ended

Feb. 02, 2013

Long-term Debt, by Current and Noncurrent [Abstract]

Schedule of Long-term Debt Instruments [Table Text Block]

The following table provides the Company’s long-term debt balance as of February 2, 2013 and January 28, 2012:

	February 2, 2013		January 28, 2012
	(in millions)
Senior Unsecured Debt with Subsidiary Guarantee
$1 billion, 5.625% Fixed Interest Rate Notes due February 2022 (“2022 Notes”)	$	1,000	$	—
$1 billion, 6.625% Fixed Interest Rate Notes due April 2021 (“2021 Notes”)	1,000		1,000
$500 million, 8.50% Fixed Interest Rate Notes due June 2019, Less Unamortized Discount (“2019 Notes”)	489		488
$400 million, 7.00% Fixed Interest Rate Notes due May 2020 (“2020 Notes”)	400		400
Total Senior Unsecured Debt with Subsidiary Guarantee	$	2,889	$	1,888
Senior Unsecured Debt
$700 million, 6.90% Fixed Interest Rate Notes due July 2017, Less Unamortized Discount (“2017 Notes”) (a)	$	721	$	724
$350 million, 6.95% Fixed Interest Rate Debentures due March 2033, Less Unamortized Discount (“2033 Notes”)	350		350
$300 million, 7.60% Fixed Interest Rate Notes due July 2037, Less Unamortized Discount (“2037 Notes”)	299		299
5.25% Fixed Interest Rate Notes due November 2014, Less Unamortized Discount (“2014 Notes”) (b)	218		220
6.125% Fixed Interest Rate Notes due December 2012, Less Unamortized Discount (“2012 Notes”)	—		57
Total Senior Unsecured Debt	$	1,588	$	1,650
Total	$	4,477	$	3,538
Current Portion of Long-term Debt	—		(57		)
Total Long-term Debt, Net of Current Portion	$	4,477	$	3,481

_______________

(a) The balances include a fair value interest rate hedge adjustment which increased the debt balance by $22 million as of February 2, 2013 and $25 million as of January 28, 2012.

(b) The principal balance outstanding was $213 million as of both February 2, 2013 and January 28, 2012. The balances include a fair value interest rate hedge adjustment which increased the debt balance by $5 million as of February 2, 2013 and $7 million as of January 28, 2012.

Schedule of Principal Payments due on Long-term Debt [Text Block]

The following table provides principal payments due on long-term debt in the next five fiscal years and the remaining years thereafter:

Fiscal Year (in millions)
2013	$	—
2014	213
2015	—
2016	—
2017	700
Thereafter	3,550