Fair Value Measurements (Tables)

9 Months Ended

Oct. 31, 2015

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 October 31, 2015, January 31, 2015, and November 1, 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 October 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	$	2	$	2	$	—	$	—
Commercial paper	108		—		108		—
Time deposits	222		—		222		—
Short-term investments
Corporate bonds	333		—		333		—
Commercial paper	288		—		288		—
Time deposits	1,029		—		1,029		—
Other current assets
Foreign currency derivative instruments	14		—		14		—
Time deposits	79		—		79		—
Other assets
Interest rate swap derivative instruments	10		—		10		—
Auction rate securities	2		—		—		2
Marketable securities that fund deferred compensation	96		96		—		—



			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		—
Time deposits	100		—		100		—
Short-term investments
Corporate bonds	276		—		276		—
Commercial paper	306		—		306		—
Time deposits	874		—		874		—
Other current assets
Foreign currency derivative instruments	30		—		30		—
Time deposits	83		—		83		—
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		—		—
Time deposits	124		—		124		—



			Fair Value Measurements Using Inputs Considered as
	Fair Value at November 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	$	74	$	74	$	—	$	—
Corporate bonds	31		—		31		—
Commercial paper	91		—		91		—
Time deposits	66		—		66		—
Short-term investments
Corporate bonds	97		—		97		—
Commercial paper	381		—		381		—
Time deposits	731		—		731		—
Other current assets
Foreign currency derivative instruments	4		—		4		—
Time deposits	181		—		181		—
Other assets
Auction rate securities	9		—		—		9
Marketable equity securities	9		9		—		—
Marketable securities that fund deferred compensation	97		97		—		—

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 nine months ended October 31, 2015, and November 1, 2014 ($ in millions):



	Nine Months Ended				Nine Months Ended
	October 31, 2015				November 1, 2014
	Impairments		Remaining Net Carrying Value⁽¹⁾		Impairments		Remaining Net Carrying Value⁽¹⁾
Continuing operations
Property and equipment (non-restructuring)	$	34	$	10	$	27	$	17
Restructuring activities⁽²⁾
Tradename	40		—		—		—
Property and equipment	30		—		—		—
Total continuing operations	$	104	$	10	$	27	$	17
Discontinued operations
Property and equipment	$	—	$	—	$	1	$	—
Total discontinued operations	$	—	$	—	$	1	$	—


(1)	Remaining net carrying value approximates fair value.


(2)	See Note 5, Restructuring Charges, for additional information.