Discontinued Operations (Tables)

12 Months Ended

Jan. 30, 2016

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Schedule of Assets and Liabilities Held-for-Sale [Table Text Block]

The composition of assets and liabilities disposed of as a result of the sale of Five Star was as follows ($ in millions):

	February 13, 2015
Cash and cash equivalents	$	125
Receivables	113
Merchandise inventories	252
All other assets	461
Total assets	$	951
Accounts payable	$	478
All other liabilities	128
Total liabilities	$	606

Disposal Groups, Including Discontinued Operations [Table Text Block]

The aggregate financial results of all discontinued operations for fiscal 2016, 2015 and 2014 were as follows ($ in millions):

	2016			2015			2014
Revenue	$	217		$	1,564		$	4,615
Restructuring charges(1)	1			18			110
Loss from discontinued operations before income tax benefit (expense)(2)	(8		)	(12		)	(235		)
Income tax benefit (expense)(3)	(1		)	—			31
Gain on sale of discontinued operations(4)	99			1			32
Net earnings (loss) from discontinued operations including noncontrolling interests	90			(11		)	(172		)
Net (earnings) loss from discontinued operations attributable to noncontrolling interests	—			(2		)	9
Net earnings (loss) from discontinued operations attributable to Best Buy Co., Inc. shareholders	$	90		$	(13	)	$	(163	)

(1) See Note 4, Restructuring Charges, for further discussion of the restructuring charges associated with discontinued operations.

(2) Includes a $175 million impairment to write down the book value of our investment in Best Buy Europe to fair value in fiscal 2014.

(3) Income tax benefit for fiscal 2014 includes a $27 million benefit related to a tax allocation between continuing and discontinued operations and a $15 million benefit related to the impairment of our investment in Best Buy Europe. The fiscal 2014 effective tax rate for discontinued operations differs from the statutory tax rate primarily due to the previously mentioned tax allocation, sale of mindSHIFT, restructuring charges and the impairment of our investment in Best Buy Europe. The sale of mindSHIFT, restructuring charges and impairment generally included no related tax benefit. The deferred tax assets related to the sale of mindSHIFT and restructuring charges generally resulted in an increase in the valuation allowance in an equal amount, of which the investment impairment is not tax deductible.

(4) Gain in fiscal 2014 is primarily comprised of the following: $28 million gain (with no tax impact) from sale of Best Buy Europe fixed-line business in Switzerland in the first quarter; $24 million gain (with no tax impact) from the sale of Best Buy Europe in the second quarter; and loss of $18 million from sale of mindSHIFT in the fourth quarter. Gain in fiscal 2016 of $99 million is from sale of Five Star in the first quarter.