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Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Jan. 28, 2017
Jan. 30, 2016
Jan. 31, 2015
Sales $ 18,247 $ 18,764 $ 19,684
Cost of goods sold and occupancy costs 13,489 13,857 14,646
Gross profit 4,758 4,907 5,038
Operating expenses:      
Selling, general and administrative 3,845 3,993 4,096
Merger termination fee 250 0 0
Restructuring charges 38 105 158
Total operating expenses 4,967 4,189 4,771
Operating (loss) income (264) 713 296
Other income (expense):      
Interest income 6 3 2
Interest expense (81) (139) (48)
Loss on early extinguishment of debt (26) 0 0
Other income (expense), net 13 (13) 3
(Loss) income from continuing operations before income taxes (352) 564 253
Income tax expense 107 102 128
(Loss) income from continuing operations (459) 462 125
Discontinued operations:      
Total pretax (loss) income of discontinued operations (1,045) (72) 15
(Loss) income from discontinued operations, net of income taxes (1,038) (83) 10
Net (loss) income $ (1,497) $ 379 $ 135
Basic Earnings per share      
Continuing operations $ (0.71) $ 0.71 $ 0.19
Discontinued operations (1.60) (0.12) 0.02
Consolidated operations (2.31) 0.59 0.21
Diluted Earnings per Share:      
Continuing operations (0.71) 0.71 0.19
Discontinued operations (1.60) (0.12) 0.02
Consolidated operations (2.31) 0.59 0.21
Dividends declared per common share $ 0.48 $ 0.48 $ 0.48
Continuing Operations [Member]      
Operating expenses:      
Impairment of goodwill and long-lived assets, continuing operations $ 783 $ 37 $ 469
Amortization of intangible assets, continuing operations 51 54 48
(Loss) gain on sale of businesses and assets, net Continuing Operations (55) (5) 29
Discontinued Operations [Member]      
Discontinued operations:      
Pretax (loss) income of discontinued operations (700) (72) 15
Loss recognized on classification as held for sale   0 0
Loss on sale 114 0 0
Total pretax (loss) income of discontinued operations (1,045) (72) 15
Income tax (benefit) expense (7) 11 5
(Loss) income from discontinued operations, net of income taxes (1,038) (83) 10
Discontinued Operations [Member] | European Operations [Member]      
Discontinued operations:      
Loss recognized on classification as held for sale $ 231 $ 0 $ 0