Accounts Receivable (Tables)

12 Months Ended

Jan. 31, 2015

Accounts Receivable, Net [Abstract]

Components Of Accounts Receivable

The components of accounts receivable are as follows:

	January 31, 2015			February 1, 2014
Credit card receivables:
Nordstrom Visa credit card receivables		$1,310			$1,316
Nordstrom private label credit card receivables	974			868
Total credit card receivables	2,284			2,184
Allowance for credit losses	(75		)	(80		)
Credit card receivables, net	2,209			2,104
Other accounts receivable1	97			73
Accounts receivable, net		$2,306			$2,177

¹ Other accounts receivable consist primarily of debit card receivables and third-party credit receivables.

Activity In The Allowance For Credit Losses

Activity in the allowance for credit losses is as follows:

Fiscal year	2014			2013			2012
Allowance at beginning of year		$80			$85			$115
Bad debt expense	41			52			42
Write-offs	(70		)	(80		)	(97		)
Recoveries	24			23			25
Allowance at end of year		$75			$80			$85

Receivables Classified As TDRs

Receivables classified as TDRs are as follows:

	January 31, 2015			February 1, 2014
Credit card receivables classified as TDRs		$34			$43
Percent of total credit card receivables classified as TDRs	1.5		%	2.0		%

Aging And Delinquency Status Of Credit Card Receivables

The following table illustrates the aging and delinquency status of our credit card receivables:

	January 31, 2015				February 1, 2014
	Balance		% of total		Balance		% of total
Current		$2,134	93.4	%		$2,046	93.7	%
1 – 29 days delinquent	103		4.5	%	99		4.5	%
30 days or more delinquent:
30 – 59 days delinquent	16		0.7	%	16		0.7	%
60 – 89 days delinquent	10		0.5	%	9		0.4	%
90 days or more delinquent	21		0.9	%	14		0.7	%
Total 30 days or more delinquent	47		2.1	%	39		1.8	%
Total credit card receivables		$2,284	100.0	%		$2,184	100.0	%
Receivables not accruing finance charges		$13				$13
Receivables 90 days or more delinquent and still accruing finance charges		$13				$8

Distribution Of Credit Card Receivables Across FICO Score Ranges

The following table illustrates the distribution of our credit card receivables across FICO score ranges:

	January 31, 2015				February 1, 2014
FICO Score Range1	Balance		% of total		Balance		% of total
801+		$369	16.2	%		$313	14.3	%
660 – 800	1,435		62.8	%	1,393		63.8	%
001 – 659	392		17.1	%	379		17.4	%
Other2	88		3.9	%	99		4.5	%
Total credit card receivables		$2,284	100.0	%		$2,184	100.0	%

¹Credit scores for our credit cardholders are updated at least every 60 days for active accounts and every 90 days for inactive accounts. Amounts listed in the table reflect the most recently obtained credit scores as of the dates indicated.

² Other consists of amounts not yet posted to customers’ accounts and receivables from customers for whom FICO scores are temporarily unavailable.