Retirement Plans (Tables)

12 Months Ended

Jan. 28, 2012

Pension Plan [Member]

Reconciliation of Benefit Obligations, Plan Assets, and Funded Status Pension Plan

The following provides a reconciliation of benefit obligations, plan assets, and funded status of the Pension Plan as of January 28, 2012 and January 29, 2011:

	2011			2010
	(millions)
Change in projected benefit obligation
Projected benefit obligation, beginning of year	$	3,024		$	2,879
Service cost	102			99
Interest cost	160			158
Actuarial loss	375			103
Benefits paid	(203		)	(215		)
Projected benefit obligation, end of year	$	3,458		$	3,024
Changes in plan assets
Fair value of plan assets, beginning of year	$	2,804		$	1,865
Actual return on plan assets	93			329
Company contributions	375			825
Benefits paid	(203		)	(215		)
Fair value of plan assets, end of year	$	3,069		$	2,804
Funded status at end of year	$	(389	)	$	(220	)
Amounts recognized in the Consolidated Balance Sheets at January 28, 2012 and January 29, 2011
Other liabilities	$	(389	)	$	(220	)
Amounts recognized in accumulated other comprehensive (income) loss at January 28, 2012 and January 29, 2011
Net actuarial loss	$	1,558		$	1,116
Prior service credit	(1		)	(2		)
	$	1,557		$	1,114

Schedule of Net Periodic Benefit Costs

Net pension costs and other amounts recognized in other comprehensive income for the Pension Plan included the following actuarially determined components:

	2011			2010			2009
	(millions)
Net Periodic Pension Cost
Service cost	$	102		$	99		$	81
Interest cost	160			158			173
Expected return on assets	(248		)	(218		)	(187		)
Amortization of net actuarial loss	88			61			—
Amortization of prior service credit	(1		)	(1		)	(1		)
	101			99			66
Other Changes in Plan Assets and Projected Benefit Obligation Recognized in Other Comprehensive Income
Net actuarial (gain) loss	530			(9		)	311
Amortization of net actuarial loss	(88		)	(61		)	—
Amortization of prior service credit	1			1			1
	443			(69		)	312
Total recognized in net periodic pension cost and other comprehensive income	$	544		$	30		$	378

Weighted Average Assumptions

The following weighted average assumptions were used to determine the net periodic pension cost for the Pension Plan:

	2011		2010		2009
Discount rate	5.40	%	5.65	%	7.45	%
Expected long-term return on plan assets	8.00	%	8.75	%	8.75	%
Rate of compensation increases	4.50	%	4.50	%	5.40	%

The following weighted average assumptions were used to determine the projected benefit obligations for the Pension Plan at January 28, 2012 and January 29, 2011:

	2011		2010
Discount rate	4.65	%	5.40	%
Rate of compensation increases	4.50	%	4.50	%

Fair Values of Plan Assets

The fair values of the Pension Plan assets as of January 28, 2012, excluding interest and dividend receivables and pending investment purchases and sales, by asset category are as follows:

	Fair Value Measurements
	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
	(millions)
Cash and cash equivalents	$	240	$	—	$	240	$	—
Equity securities:
U.S.	805		251		554		—
International	648		—		648		—
Fixed income securities:
U. S. Treasury bonds	128		—		128		—
Other Government bonds	31		—		31		—
Agency backed bonds	5		—		5		—
Corporate bonds	310		—		310		—
Mortgage-backed securities and forwards	112		—		112		—
Asset-backed securities	21		—		21		—
Pooled funds	266		—		266		—
Other types of investments:
Real estate	228		—		—		228
Hedge funds	143		—		—		143
Private equity	162		—		—		162
Total	$	3,099	$	251	$	2,315	$	533

The fair values of the Pension Plan assets as of January 29, 2011, excluding interest and dividend receivables and pending investment purchases and sales, by asset category are as follows:

	Fair Value Measurements
	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
	(millions)
Cash and cash equivalents	$	381	$	—	$	381	$	—
Equity securities:
U.S.	814		238		576		—
International	517		—		517		—
Fixed income securities:
U. S. Treasury bonds	54		—		54		—
Other Government bonds	28		—		28		—
Agency backed bonds	11		—		11		—
Corporate bonds	267		—		267		—
Mortgage-backed securities and forwards	107		—		107		—
Asset-backed securities	19		—		19		—
Pooled funds	180		—		180		—
Other types of investments:
Real estate	201		—		—		201
Hedge funds	143		—		—		143
Private equity	144		—		—		144
Total	$	2,866	$	238	$	2,140	$	488

Changes in Fair Value of Level 3 Assets

The following table sets forth a summary of changes in fair value of the Pension Plan’s level 3 assets for 2011 and 2010:

	2011			2010
	(millions)
Balance, beginning of year	$	488		$	413
Actual gain on plan assets:
Relating to assets still held at the reporting date	9			28
Relating to assets sold during the period	22			18
Purchases	48			69
Sales	(34		)	(40		)
Balance, end of year	$	533		$	488

Estimated Future Benefit Payments

The following benefit payments are estimated to be paid from the Pension Plan:

	(millions)
Fiscal year:
2012	$	251
2013	244
2014	244
2015	245
2016	254
2017-2021	1,292

Supplementary Retirement Plan [Member]

Reconciliation of Benefit Obligations, Plan Assets, and Funded Status Pension Plan

The following provides a reconciliation of benefit obligations, plan assets and funded status of the supplementary retirement plan as of January 28, 2012 and January 29, 2011:

	2011			2010
	(millions)
Change in projected benefit obligation
Projected benefit obligation, beginning of year	$	688		$	680
Service cost	6			6
Interest cost	36			37
Actuarial loss	90			22
Benefits paid	(49		)	(57		)
Projected benefit obligation, end of year	$	771		$	688
Change in plan assets
Fair value of plan assets, beginning of year	$	—		$	—
Company contributions	49			57
Benefits paid	(49		)	(57		)
Fair value of plan assets, end of year	—			—
Funded status at end of year	$	(771	)	$	(688	)
Amounts recognized in the Consolidated Balance Sheets at January 28, 2012 and January 29, 2011
Accounts payable and accrued liabilities	$	(55	)	$	(52	)
Other liabilities	(716		)	(636		)
	$	(771	)	$	(688	)
Amounts recognized in accumulated other comprehensive (income) loss at January 28, 2012 and January 29, 2011
Net actuarial loss	$	195		$	113
Prior service credit	(1		)	(2		)
	$	194		$	111

Schedule of Net Periodic Benefit Costs

Net pension costs and other amounts recognized in other comprehensive income for the supplementary retirement plan included the following actuarially determined components:

	2011			2010			2009
	(millions)
Net Periodic Pension Cost
Service cost	$	6		$	6		$	4
Interest cost	36			37			42
Amortization of net actuarial loss	8			3			—
Amortization of prior service credit	(1		)	(1		)	(2		)
	49			45			44
Other Changes in Plan Assets and Projected Benefit Obligation Recognized in Other Comprehensive Income
Net actuarial (gain) loss	90			22			113
Amortization of net actuarial loss	(8		)	(3		)	—
Amortization of prior service credit	1			1			2
	83			20			115
Total recognized in net periodic pension cost and other comprehensive income	$	132		$	65		$	159

Weighted Average Assumptions

The following weighted average assumptions were used to determine the projected benefit obligations for the supplementary retirement plan at January 28, 2012 and January 29, 2011:

	2011		2010
Discount rate	4.65	%	5.40	%
Rate of compensation increases	4.90	%	4.90	%

The following weighted average assumptions were used to determine net pension costs for the supplementary retirement plan:

	2011		2010		2009
Discount rate	5.40	%	5.65	%	7.45	%
Rate of compensation increases	4.90	%	4.90	%	7.20	%

Estimated Future Benefit Payments

The following benefit payments are estimated to be funded by the Company and paid from the supplementary retirement plan:

	(millions)
Fiscal year:
2012	$	55
2013	57
2014	59
2015	59
2016	62
2017-2021	272