RETIREMENT AND BENEFIT PLANS (Tables)

12 Months Ended

Feb. 03, 2013

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]

Schedule of Defined Benefit Plans Disclosures [Table Text Block]

Reconciliations of the changes in the projected benefit obligation (pension plans and SERP Plans) and the accumulated benefit obligation (postretirement plan) for each of the last two years were as follows:



	Pension Plans						SERP Plans						Postretirement Plan
	2012			2011			2012			2011			2012			2011
Balance at beginning of year	$	359,727		$	289,942		$	71,717		$	59,734		$	18,247		$	17,781
Service cost	15,315			11,160			3,579			3,069			—			—
Interest cost	17,974			17,391			3,366			3,602			798			1,018
Benefit payments	(14,456		)	(12,696		)	(2,674		)	(4,984		)	—			—
Benefit payments, net of retiree contributions	—			—			—			—			(1,959		)	(1,800		)
Plan settlements	—			—			(6,977		)	—			—			—
Medicare subsidy	—			—			—			—			56			107
Actuarial loss (gain)	27,835			53,930			5,850			10,296			(1,106		)	1,141
Balance at end of year	$	406,395		$	359,727		$	74,861		$	71,717		$	16,036		$	18,247

Schedule of Changes in Fair Value of Plan Assets [Table Text Block]

Reconciliations of the fair value of the assets held by the Company’s pension plans and the plans’ funded status for each of the last two years were as follows:



	2012			2011
Fair value of plan assets at beginning of year	$	268,505		$	251,810
Actual return, net of plan expenses	24,973			9,371
Benefit payments	(14,456		)	(12,696		)
Company contributions	105,000			20,020
Fair value of plan assets at end of year	$	384,022		$	268,505
Funded status at end of year	$	(22,373	)	$	(91,222	)

Schedule of Amounts Recognized in Balance Sheet [Table Text Block]

Amounts recognized in the Company’s Consolidated Balance Sheets were as follows:



	Pension Plans						SERP Plans						Postretirement Plan
	2012			2011			2012			2011			2012			2011
Current liabilities	$	—		$	—		$	(7,021	)	$	(7,259	)	$	(1,965	)	$	(2,028	)
Non-current liabilities	(22,373		)	(91,222		)	(67,840		)	(64,458		)	(14,071		)	(16,219		)
Net amount recognized on balance sheet	$	(22,373	)	$	(91,222	)	$	(74,861	)	$	(71,717	)	$	(16,036	)	$	(18,247	)

Schedule of Net Periodic Benefit Cost Not yet Recognized [Table Text Block]

Pre-tax amounts in AOCI that, as of the end of each applicable fiscal year, had not yet been recognized as components of net benefit cost were as follows:



	Pension Plans						SERP Plans				Postretirement Plan
	2012			2011			2012		2011		2012		2011
Prior service (cost) credit	$	(16	)	$	(21	)	$	272	$	340	$	2,255	$	3,072

Schedule of Amounts in Accumulated Other Comprehensive Income (Loss) to be Recognized over Next Fiscal Year [Table Text Block]

Pre-tax amounts in AOCI as of February 3, 2013 expected to be recognized as components of net benefit cost in 2013 were as follows:



	Pension Plans			SERP Plans		Postretirement Plan
Prior service (cost) credit	$	(6	)	$	68	$	817

Schedule of Allocation of Plan Assets [Table Text Block]

In accordance with the fair value hierarchy described in Note 9, “Fair Value Measurements,” the following tables show the fair value of the Company’s total pension plan assets for each major category as of February 3, 2012 and January 29, 2012:



			Fair Value Measurements at February 3, 2013⁽⁹⁾
Asset Category	Total		Quoted Prices In Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Equity securities:
United States equities⁽¹⁾	$	65,101	$	65,101	$	—	$	—
International equities⁽¹⁾	1,266		1,266		—		—
Global equity mutual fund⁽²⁾	16,373		16,373		—		—
United States equity fund⁽³⁾	42,183		42,183		—		—
International equity commingled fund⁽⁴⁾	46,976		—		46,976		—
Fixed income securities:
Government securities⁽⁵⁾	19,356		—		19,356		—
Corporate securities⁽⁵⁾	86,982		—		86,982		—
Short-term investment commingled funds⁽⁶⁾	99,297		—		99,297		—
Total return mutual fund⁽⁷⁾	4,784		4,784		—		—
Subtotal	$	382,318	$	129,707	$	252,611	$	—
Other assets and liabilities⁽⁸⁾	1,704
Total	$	384,022



			Fair Value Measurements at January 29, 2012⁽⁹⁾
Asset Category	Total		Quoted Prices In Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Equity securities:
United States equities⁽¹⁾	$	56,016	$	56,016	$	—	$	—
International equities⁽¹⁾	1,285		1,285		—		—
Global equity mutual fund⁽²⁾	13,297		13,297		—		—
United States equity fund⁽³⁾	37,564		37,564		—		—
International equity commingled fund⁽⁴⁾	41,288		—		41,288		—
Fixed income securities:
Government securities⁽⁵⁾	17,922		—		17,922		—
Corporate securities⁽⁵⁾	55,551		—		55,551		—
Short-term investment commingled funds⁽⁶⁾	39,379		—		39,379		—
Total return mutual fund⁽⁷⁾	4,194		4,194		—		—
Subtotal	$	266,496	$	112,356	$	154,140	$	—
Other assets and liabilities⁽⁸⁾	2,009
Total	$	268,505

⁽¹⁾ Valued at the closing price in the active market in which the individual securities are traded.


⁽²⁾	Valued at the net asset value of the fund, as determined by the closing price in the active market in which the individual fund is traded. This fund invests in a portfolio of U.S. and international equities seeking long-term growth of principal and income.


⁽³⁾	Valued at the closing price in the active market in which this fund is traded. This fund invests in U.S. large cap equities that track the Russell 1000 Index.


⁽⁴⁾	Valued at the net asset value of the fund, as determined by a pricing vendor or the fund family. The Company has the ability to redeem these investments at net asset value within the near term and therefore classifies these investments within Level 2. This fund invests primarily in equities outside the U.S. seeking long-term capital appreciation.


⁽⁵⁾	Valued with bid evaluation pricing that uses a discounted cash flow method. Inputs include actual and comparable trade data, market benchmarks, broker quotes, trading spreads and/or other applicable data.


⁽⁶⁾	Valued at the net asset value of the fund, as determined by a pricing vendor or the fund family. The Company has the ability to redeem these investments at net asset value within the near term and therefore classifies these investments within Level 2. This fund invests in high-grade, short-term, money market instruments.


⁽⁷⁾	Valued at the net asset value of the fund, as determined by the closing price in the active market in which the individual fund is traded. This fund invests in both equity securities and fixed income securities seeking a high total return.


⁽⁸⁾	This category includes other pension assets and liabilities such as pending trades and accrued income.

⁽⁹⁾

The Company uses third-party pricing services to determine the fair values of the financial instruments held by the pension plans. The Company obtains an understanding of the pricing services’ valuation methodologies and related inputs and validates a sample of prices provided by the pricing services by reviewing prices from other pricing sources and analyzing pricing data in certain instances. The Company has not adjusted any prices received from the third-party pricing services.

Schedule of Net Benefit Costs [Table Text Block]

The components of net benefit cost and other pre-tax amounts recognized in other comprehensive income (loss) in each of the last three years were as follows:



Net Benefit Cost Recognized in Selling, General and Administrative Expenses

	Pension Plans									SERP Plans									Postretirement Plan
	2012			2011			2010			2012			2011			2010			2012			2011			2010
Service cost, including plan expenses	$	15,729		$	11,550		$	7,740		$	3,579		$	3,069		$	1,866		$	—		$	—		$	—
Interest cost	17,974			17,391			16,339			3,366			3,602			3,127			798			1,018			1,090
Actuarial loss (gain)	23,398			64,683			5,872			5,850			10,296			2,631			(1,106		)	1,141			(3,969		)
Expected return on plan assets	(20,950		)	(20,514		)	(16,568		)	—			—			—			—			—			—
Amortization of prior service cost (credit)	6			6			6			(68		)	(68		)	(68		)	(817		)	(817		)	(817		)
Total	$	36,157		$	73,116		$	13,389		$	12,727		$	16,899		$	7,556		$	(1,125	)	$	1,342		$	(3,696	)

Schedule of Defined Benefit Plan Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]



Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive Income (Loss)

	Pension Plans									SERP Plans						Postretirement Plan
	2012			2011			2010			2012		2011		2010		2012		2011		2010
Prior service cost	$	1		$	—		$	9		$	—	$	—	$	—	$	—	$	—	$	—
Amortization of prior service (cost) credit	(6		)	(6		)	(6		)	68		68		68		817		817		817
Loss (income) recognized in other comprehensive income (loss)	$	(5	)	$	(6	)	$	3		$	68	$	68	$	68	$	817	$	817	$	817

Schedule of Expected Benefit Payments [Table Text Block]

The expected benefit payments associated with the Company’s pension plans and SERP Plans, and expected benefit payments, net of retiree contributions, associated with the Company’s postretirement plan are as follows:



			Postretirement Plan
	Pension Plans	SERP Plans	Excluding Medicare Subsidy Receipts	Expected Medicare Subsidy Receipts
2013	14,779	7,021	1,965	76
2014	15,424	5,746	1,858	73
2015	16,297	5,547	1,755	68
2016	16,985	5,865	1,621	63
2017	17,781	5,736	1,523	58
2018-2022	105,569	45,721	6,150	216

Schedule of Effect of One-Percentage-Point Change in Assumed Health Care Cost Trend Rates [Table Text Block]

The medical health care cost trend rate assumed for 2013 is 6.31% and is assumed to decrease by approximately 0.15% per year through 2022. Thereafter, the rate assumed is 5.0%. If the assumed health care cost trend rate increased or decreased by 1%, the aggregate effect on the service and interest cost components of the net postretirement benefit cost for 2012 and on the accumulated postretirement benefit obligation at February 3, 2013 would be as follows:



	1% Increase		1% Decrease
Impact on service and interest cost	$	52	$	(46	)
Impact on year end accumulated postretirement benefit obligation	$	1,110	$	(990	)

Schedule of Assumptions Used [Table Text Block]

Significant weighted average rate assumptions used in determining the projected and accumulated benefit obligations at the end of each year and benefit cost in the following year were as follows:



	2012		2011		2010
Discount rate	4.67	%	5.06	%	6.09	%
Rate of increase in compensation levels (applies to pension plans only)	4.34	%	4.31	%	4.30	%
Long-term rate of return on assets (applies to pension plans only)	7.25	%	7.75	%	8.25	%

To develop the expected weighted average long-term rate of return on assets assumption, the Company considered the historical level of the risk premium associated with the asset classes in which the portfolio is invested and the expectations for future returns of each asset class. The expected return for each asset class was then weighted based on the target asset allocation to develop the expected long-term rate of return on assets assumption for the portfolio.

Pension Plans [Member]

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]

Schedule of Accumulated and Projected Benefit Obligations [Table Text Block]

In 2012, all of the Company’s pension plans had projected benefit obligations in excess of plan assets and certain of the Company’s pension plans had accumulated benefit obligations in excess of plan assets. In 2011, all of the Company’s pension plans had projected and accumulated benefit obligations in excess of plan assets. The balances were as follows:



	2012		2011
Number of plans with projected benefit obligations in excess of plan assets	5		5
Aggregate projected benefit obligation	$	406,395	$	359,727
Aggregate fair value of related plan assets	$	384,022	$	268,505

Number of plans with accumulated benefit obligations in excess of plan assets	3		5
Aggregate accumulated benefit obligation	$	33,730	$	337,284
Aggregate fair value of related plan assets	$	30,583	$	268,505