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Fair Value Measurements (Tables)
3 Months Ended
May 02, 2015
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 May 2, 2015, January 31, 2015, and May 3, 2014, according to the valuation techniques we used to determine their fair values ($ in millions).
 
 
 
Fair Value Measurements
Using Inputs Considered as
 
Fair Value at
May 2, 2015
 
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
$
6

 
$
6

 
$

 
$

Corporate bonds
22

 

 
22

 

Commercial paper
231

 

 
231

 

Short-term investments
 

 
 

 
 

 
 

Corporate bonds
320

 

 
320

 

Commercial paper
237

 

 
237

 

International government bonds
21

 

 
21

 

Other current assets
 
 
 
 
 
 
 
Foreign currency derivative instruments
13

 

 
13

 

Other assets
 

 
 

 
 

 
 

Interest rate swap derivative instruments
7

 

 
7

 

Auction rate securities
2

 

 

 
2

Marketable securities that fund deferred compensation
98

 
98

 

 

 
 

 
 

 
 

 
 

LIABILITIES
 

 
 

 
 

 
 

Accrued liabilities
 
 
 
 
 
 
 
Foreign currency derivative instruments
5

 

 
5

 

Interest rate swap derivative instruments
2

 

 
2

 


 
 
 
Fair Value Measurements
Using Inputs Considered as
 
Fair Value at
January 31, 2015
 
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
$
265

 
$
265

 
$

 
$

Corporate bonds
13

 

 
13

 

Commercial paper
165

 

 
165

 

Short-term investments
 

 
 

 
 

 
 

Corporate bonds
276

 

 
276

 

Commercial paper
306

 

 
306

 

Other current assets
 

 
 

 
 

 
 

Foreign currency derivative instruments
30

 

 
30

 

Other assets
 

 
 

 
 

 
 

Interest rate swap derivative instruments
1

 

 
1

 

Auction rate securities
2

 

 

 
2

Marketable securities that fund deferred compensation
97

 
97

 

 

 
 
 
 
 
 
 
 
ASSETS HELD FOR SALE
 
 
 
 
 
 
 
Cash and cash equivalents
 
 
 
 
 
 
 
Money market funds
16

 
16

 

 

 
 
 
 
Fair Value Measurements
Using Inputs Considered as
 
Fair Value at
May 3, 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
$
16

 
$
16

 
$

 
$

Commercial paper
149

 

 
149

 

U.S. Treasury bills
100

 
100

 

 

Short-term investments
 

 
 

 
 

 
 

Commercial paper
234

 

 
234

 

U.S. Treasury bills
100

 
100

 

 

Other assets
 

 
 

 
 

 
 

Auction rate securities
9

 

 

 
9

Marketable equity securities
10

 
10

 

 

Marketable securities that fund deferred compensation
96

 
96

 

 

 
 
 
 
 
 
 
 
LIABILITIES
 
 
 
 
 
 
 
Accrued liabilities
 

 
 

 
 

 
 

Foreign currency derivative instruments
8

 

 
8

 


Fair Value, Assets and Liabilities Measured on Nonrecurring Basis
The following table summarizes the fair value remeasurements for non-restructuring property and equipment impairments and restructuring impairments recorded during the three months ended May 2, 2015, and May 3, 2014 ($ in millions):
 
Three Months Ended
 
Three Months Ended
 
May 2, 2015
 
May 3, 2014
 
Impairments
 
Remaining Net Carrying Value(1)
 
Impairments
 
Remaining Net Carrying Value(1)
Continuing operations
 
 
 
 
 
 
 
Property and equipment (non-restructuring)
$
11

 
$
9

 
$
9

 
$

Restructuring activities(2)
 
 
 
 
 
 
 
Tradename
40

 

 

 

Property and equipment
29

 

 
1

 

Total continuing operations
$
80

 
$
9

 
$
10

 
$

(1)
Remaining net carrying value approximates fair value.
(2)
See Note 5, Restructuring Charges, for additional information.