Share-based Compensation (Tables)

12 Months Ended

Jan. 28, 2017

The following table provides the Company’s stock option activity for the fiscal year ended January 28, 2017:



	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 January 30, 2016	5,491		$	42.40
Granted	851		84.92
Exercised	(639	)	32.58
Cancelled	(399	)	69.44
Adjustment for Special Dividend	135
Outstanding as of January 28, 2017	5,439		$	47.17	5.66	$	108,075
Vested and Expected to Vest as of January 28, 2017 (a)	5,329		46.41		5.60	107,961
Options Exercisable as of January 28, 2017	3,292		29.90		4.09	100,470

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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 2016, 2015 and 2014:

The following table provides the Company’s restricted stock activity for the fiscal year ended January 28, 2017:



	Number of Shares		Weighted Average Grant Date Fair Value
	(in thousands)
Unvested as of January 30, 2016	5,791		$	54.41
Granted	1,758		75.09
Vested	(1,754	)	38.93
Cancelled	(646	)	63.11
Adjustment for Special Dividend	143		N/A
Unvested as of January 28, 2017	5,292		64.14

The following table provides share-based compensation expense included in the Consolidated Statements of Income for 2016, 2015 and 2014:



	2016		2015		2014
	(in millions)
Costs of Goods Sold, Buying and Occupancy	$	31	$	27	$	24
General, Administrative and Store Operating Expenses	65		70		66
Total Share-based Compensation Expense	$	96	$	97	$	90