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Debt (Tables)
3 Months Ended
Apr. 30, 2016
Debt Disclosure [Abstract]  
Schedule of Long-term Debt
Long-term debt consisted of the following ($ in millions):
 
April 30, 2016
 
January 30, 2016
 
May 2, 2015
2016 Notes
$

 
$
350

 
$
350

2018 Notes
500

 
500

 
500

2021 Notes
650

 
650

 
650

Interest rate swap valuation adjustments
15

 
25

 
5

Subtotal
1,165

 
1,525

 
1,505

Debt discounts and issuance costs
(6
)
 
(7
)
 
(8
)
Financing lease obligations
184

 
178

 
60

Capital lease obligations
35

 
38

 
43

   Total long-term debt
1,378

 
1,734

 
1,600

Less: current portion(1)
(44
)
 
(395
)
 
(383
)
   Total long-term debt, less current portion
$
1,334

 
$
1,339

 
$
1,217

 
(1)
Our 2016 Notes, due March 15, 2016, were classified in our current portion of long-term debt as of January 30, 2016 and May 2, 2015, respectively. In March 2016, we repaid the 2016 Notes using existing cash resources.