Stock-Based Compensation (Tables)

12 Months Ended

Feb. 02, 2013

Share-based Compensation [Abstract]

Summary Of Stock-Based Compensation Expense

The following table summarizes our stock-based compensation expense:

Fiscal year	2012			2011			2010
Stock options		$36			$32			$35
HauteLook stock compensation	9			9			—
Performance share units	3			4			3
Employee stock purchase plan	2			2			2
Other	3			3			2
Total stock-based compensation expense, before income tax benefit	53			50			42
Income tax benefit	(17		)	(17		)	(16		)
Total stock-based compensation expense, net of income tax benefit		$36			$33			$26

Stock-Based Compensation Expense Before Income Tax Benefit

The stock-based compensation expense before income tax benefit was recorded in our consolidated statements of earnings as follows:

Fiscal year	2012		2011		2010
Cost of sales and related buying and occupancy costs		$14		$12		$13
Selling, general and administrative expenses	39		38		29
Total stock-based compensation expense, before income tax benefit		$53		$50		$42

Assumptions To Estimate The Fair Value For Stock Options At Grant Date

We used the following assumptions to estimate the fair value for stock options at grant date:

Fiscal year	2012		2011		2010
Risk-free interest rate: Represents the yield on U.S. Treasury zero-coupon securities that mature over the 10-year life of the stock options.	0.3% – 2.0%		0.4% – 3.5%		0.5% – 4.0%
Weighted-average volatility: Based on a combination of the historical volatility of our common stock and the implied volatility of exchange traded options for our common stock.	36.5	%	39.0	%	40.0	%
Weighted-average expected dividend yield: Our forecasted dividend yield for the next 10 years.	2.1	%	2.0	%	1.3	%
Expected life in years: Represents the estimated period of time until option exercise. The expected term of options granted was derived from the output of the Binomial Lattice option valuation model and was based on our historical exercise behavior, taking into consideration the contractual term of the option and our employees' expected exercise and post-vesting employment termination behavior.	6.1		5.9		5.7

Summary Of Stock Option Activity

A summary of the stock option activity for 2012 is presented below:

Fiscal year	2012
	Shares	Weighted- average exercise price		Weighted-average remaining  contractual life (years)	Aggregate  intrinsic  value
Outstanding, beginning of year	14.1		$32
Granted	2.9	53
Exercised	(3.0)	25
Cancelled	(0.5)	44
Outstanding, end of year	13.5		$38	6		$237
Options exercisable at end of year	6.7		$33	5		$148
Options vested or expected to vest at end of year	12.6		$37	6		$226

Schedule Of Nonvested Restricted Stock Award Activity Related To HauteLook

A summary of the nonvested restricted stock award activity related to HauteLook for 2012 is as follows:

Fiscal year	2012
	Shares		Weighted-     average grant-     date fair value
Outstanding, beginning of year	0.8			$42
Vested	(0.5	)	42
Outstanding, end of year	0.3			$42

Summary Of Performance Share Unit Activity

Following is a summary of performance share unit activity:

Fiscal year	2012
Outstanding units, beginning of year	127,368
Granted	55,244
Vested but unearned	(15,987		)
Vested and earned	(47,961		)
Cancelled	(13,756		)
Outstanding units, end of year	104,908
Total fair value of performance share units earned		$3
Total fair value of performance share units settled or to be settled in cash		$2