Derivative Instruments (Tables)

3 Months Ended

May 05, 2012

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments in the Statement of Financial Position, Fair Value

The following table presents the gross fair values for derivative instruments and the corresponding classification at May 5, 2012, March 3, 2012, and April 30, 2011:

	May 5, 2012				March 3, 2012					April 30, 2011
Contract Type	Assets		Liabilities		Assets		Liabilities			Assets		Liabilities
										(recast)		(recast)
Cash flow hedges (foreign exchange forward contracts)	$	—	$	—	$	—	$	—		$	7	$	—
No hedge designation (foreign exchange forward contracts)	—		—		1		(2		)	4		(2		)
Total	$	—	$	—	$	1	$	(2	)	$	11	$	(2	)

Schedule of Derivative Instruments Effect on Other Comprehensive Income

The following tables present the effects of derivative instruments on other comprehensive income (“OCI”) and on our Condensed Consolidated Statements of Earnings and Comprehensive Income for the three months ended May 5, 2012 and April 30, 2011: 

	Three Months Ended
	May 5, 2012
Contract Type	Pre-tax Gain (Loss) Recognized in OCI(1)		(Loss) Reclassified from Accumulated OCI to Earnings (Effective Portion)(2)
Cash flow hedges (foreign exchange forward contracts)	$	—	$	(1	)

	Three Months Ended
	April 30, 2011
Contract Type	Pre-tax Gain Recognized in OCI(1)		Gain Reclassified from Accumulated OCI to Earnings (Effective Portion)(2)
	(recast)		(recast)
Cash flow hedges (foreign exchange forward contracts)	$	8	$	2

⁽¹⁾  Reflects the amount recognized in OCI prior to the reclassification of 50% to noncontrolling interests for the cash flow and net investment hedges, respectively.

⁽²⁾  Gain reclassified from accumulated OCI is included within selling, general and administrative expenses (“SG&A”) in our Condensed Consolidated Statements of Earnings and Comprehensive Income.

Schedule of Derivative Instruments Gain (Loss) in Statement of Financial Performance

The following table presents the effects of derivatives not designated as hedging instruments on our Condensed Consolidated Statements of Earnings and Comprehensive Income for the three months ended May 5, 2012 and April 30, 2011: 

	(Loss) Recognized within SG&A
	Three Months Ended			Three Months Ended
Contract Type	May 5, 2012			April 30, 2011
				(recast)
No hedge designation (foreign exchange forward contracts)	$	(3	)	$	(8	)

Notional Amounts Foreign Currency Exchange Contracts

The following table presents the notional amounts of our foreign currency exchange contracts at May 5, 2012, March 3, 2012, and April 30, 2011: 

	Notional Amount
Contract Type	May 5, 2012		March 3, 2012		April 30, 2011
					(recast)
Derivatives designated as cash flow hedging instruments	$	—	$	—	$	293
Derivatives not designated as hedging instruments	240		238		115
Total	$	240	$	238	$	408