Share-based Compensation (Tables)

12 Months Ended

Jan. 31, 2015

The following table provides the Company’s stock option activity for the fiscal year ended January 31, 2015:



	Number of Shares		Weighted Average Option Price Per Share		Weighted Average Remaining Contractual Life	Aggregate Intrinsic Value
	(in thousands)				(in years)	(in thousands)
Outstanding as of February 1, 2014	6,204		$	29.14
Granted	1,112		59.76
Exercised	(1,462	)	24.84
Cancelled	(195	)	47.80
Adjustment for Special Dividend	114		N/A
Outstanding as of January 31, 2015	5,773		$	34.93	6.39	$	276,675
Vested and Expected to Vest as of January 31, 2015 (a)	5,582		34.38		6.31	270,589
Options Exercisable as of January 31, 2015	2,885		21.38		4.55	177,220

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(a)	The number of options expected to vest includes an estimate of expected forfeitures.

The following table contains the weighted-average assumptions used during 2014, 2013 and 2012:

The following table provides the Company’s restricted stock activity for the fiscal year ended January 31, 2015:



	Number of Shares		Weighted Average Grant Date Fair Value
	(in thousands)
Unvested as of February 1, 2014	7,395		$	34.82
Granted	1,760		54.03
Vested	(2,209	)	25.30
Cancelled	(309	)	43.21
Adjustment for Special Dividend	136		N/A
Unvested as of January 31, 2015	6,773		41.06

The following table provides share-based compensation expense included in the Consolidated Statements of Income for 2014, 2013 and 2012:



	2014		2013		2012
	(in millions)
Costs of Goods Sold, Buying and Occupancy	$	24	$	22	$	19
General, Administrative and Store Operating Expenses	66		63		54
Total Share-based Compensation Expense	$	90	$	85	$	73