Fair Value Measurements (Tables)

12 Months Ended

Feb. 01, 2014

Fair Value Disclosures [Abstract]

Fair value, assets and liabilities measured on recurring basis

The following tables set forth by level within the fair value hierarchy, our financial assets and liabilities that were accounted for at fair value on a recurring basis at February 1, 2014, and February 2, 2013, according to the valuation techniques we used to determine their fair values ($ in millions).

			Fair Value Measurements Using Inputs Considered as
	Fair Value at February 1, 2014		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets
Cash and cash equivalents
Money market funds	$	53	$	53	$	—	$	—
Commercial paper	80		—		80		—
Treasury bills	263		263		—		—
Short-term investments
Commercial paper	100		—		100		—
Other current assets
Foreign currency derivative instruments	2		—		2		—
Other assets
Auction rate securities	9		—		—		9
Marketable securities that fund deferred compensation	96		96		—		—
Liabilities
Accrued liabilities
Foreign currency derivative instruments	5		—		5		—

			Fair Value Measurements Using Inputs Considered as
	Fair Value at February 2, 2013		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets
Cash and cash equivalents
Money market funds	$	520	$	520	$	—	$	—
Other current assets
Foreign currency derivative instruments	1		—		1		—
Other assets
Auction rate securities	21		—		—		21
Marketable equity securities	27		27		—		—
Marketable securities that fund deferred compensation	88		88		—		—

Fair value, assets measured on a recurring basis, unobservable input reconciliation

The following table provides a reconciliation between the beginning and ending balances of items measured at fair value on a recurring basis in the tables above that used significant unobservable inputs (Level 3) ($ in millions).

	Debt securities — Auction rate securities only
	Student loan bonds			Municipal revenue bonds		Total
Balances at March 3, 2012	$	80		$	2	$	82
Changes in unrealized losses in other comprehensive income	4			—		4
Sales	(65		)	—		(65		)
Balances at February 2, 2013	19			2		21
Changes in unrealized losses in other comprehensive income	1			—		1
Sales	(13		)	—		(13		)
Balances at February 1, 2014	$	7		$	2	$	9

Fair value, assets and liabilities measured on nonrecurring basis, fair value remeasurements (impairments)

The following table summarizes the fair value remeasurements for non-restructuring property and equipment impairments, goodwill impairments and restructuring activities recorded for fiscal 2014 and fiscal 2013 (11-month) ($ in millions):

	12-Month 2014				11-Month 2013
	Impairments		Remaining Net Carrying Value(1)		Impairments		Remaining Net Carrying Value (1)
Continuing operations
Property and equipment (non-restructuring)	$	101	$	10	$	60	$	8
Goodwill(2)	—		—		822		—
Restructuring activities(3)
Property and equipment	9		—		59		—
Investments	16		21		27		38
Total	$	126	$	31	$	968	$	46
Discontinued operations(4)
Property and equipment(5)	$	220	$	—	$	11	$	—
Tradename	4		—		—		—
Total	$	224	$	—	$	11	$	—

(1) Remaining net carrying value approximates fair value.

(2) See Note 1, Significant Accounting Policies, for additional information.

(3) See Note 6, Restructuring Charges, for additional information.

(4) Property and equipment and tradename impairments associated with discontinued operations are recorded within gain (loss) from discontinued operations in our Consolidated Statements of Earnings.

(5) Includes the $175 million impairment to write down the book value of our investment in Best Buy Europe to fair value. Upon completion of the sale of Best Buy Europe as described in Note 4, Discontinued Operations, the remaining net carrying values of all assets have been reduced to zero.