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CONSOLIDATED STATEMENTS OF EARNINGS (PARENTHETICAL) (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended
Aug. 03, 2013
Aug. 04, 2012
Aug. 03, 2013
Aug. 04, 2012
Income tax benefit $ 38 [1] $ 17 $ 24 $ 20
[1] (2) Income tax benefit for the three months ended August 3, 2013, includes a $27 million benefit related to a tax allocation between continuing and discontinued operations. The fiscal 2014 effective tax rate for discontinued operations differs from the statutory tax rate primarily due to the previously mentioned tax allocation, restructuring charges and the impairment of our investment in Best Buy Europe. The restructuring charges and impairment generally included no related tax benefit. The deferred tax assets related to the restructuring charges generally resulted in an increase in the valuation allowance in an equal amount, of which the investment impairment is not tax deductible.