Segment Reporting

9 Months Ended

Oct. 29, 2011

Segment Reporting [Abstract]

Segment Reporting

NOTE 10: SEGMENT REPORTING

The following tables set forth information for our reportable segments:

	Retail		Credit		Corporate/Other		Total
Quarter Ended October 29, 2011
Net sales		$    2,350		—		$          33		$    2,383
Credit card revenues		—		$            95		—		95
Earnings (loss) before interest and income taxes		307		22		(89)		240
Interest expense, net		—		(2)		(29)		(31)
Earnings (loss) before income taxes		307		20		(118)		209
Quarter Ended October 30, 2010
Net sales		$    2,051		—		$          36		$    2,087
Credit card revenues		—		$            95		—		95
Earnings (loss) before interest and income taxes		278		21		(78)		221
Interest expense, net		—		(4)		(27)		(31)
Earnings (loss) before income taxes		278		17		(105)		190
Nine Months Ended October 29, 2011
Net sales		$    7,427		—		$        (99)		$    7,328
Credit card revenues		—		$          283		—		283
Earnings (loss) before interest and income taxes		1,061		60		(289)		832
Interest expense, net		—		(9)		(83)		(92)
Earnings (loss) before income taxes		1,061		51		(372)		740
Goodwill		200		—		—		200
Total assets		3,949		2,338		2,052		8,339
Nine Months Ended October 30, 2010
Net sales		$    6,565		—		$        (71)		$    6,494
Credit card revenues		—		$          290		—		290
Earnings (loss) before interest and income taxes		931		25		(244)		712
Interest expense, net		—		(16)		(78)		(94)
Earnings (loss) before income taxes		931		9		(322)		618
Goodwill		53		—		—		53
Total assets		3,319		2,031		2,032		7,382

The following table summarizes net sales within our reportable segments:

	Quarter Ended				Nine Months Ended
	October 29, 2011		October 30, 2010		October 29, 2011			October 30, 2010
Nordstrom	$	1,773	$	1,615	$	5,825		$	5,331
Nordstrom Rack		528		427		1,478			1,209
Other retail1		49		9		124			25
Total Retail segment		2,350		2,051		7,427			6,565
Corporate/Other		33		36		(99	)		(71	)
Total net sales	$	2,383	$	2,087	$	7,328		$	6,494

¹  Other retail includes our HauteLook online private sale subsidiary, our Jeffrey stores and our treasure&bond store.