Income and Other Taxes (Tables)

12 Months Ended

Feb. 03, 2012

Income Tax Expense (Benefit) [Abstract]

Provision for Income Taxes

	Fiscal Year Ended
	February 3, 2012			January 28, 2011			January 29, 2010
	(in millions)
Current:
Federal	$	375		$	597		$	491
State/Local	81			66			36
Foreign	273			97			116
Current	729			760			643
Deferred:
Federal	62			(95		)	(21		)
State/Local	(12		)	9			9
Foreign	(31		)	41			(40		)
Deferred	19			(45		)	(52		)
Provision for income taxes	$	748		$	715		$	591

Schedule of components of earnings

	Fiscal Year Ended
	February 3, 2012		January 28, 2011		January 29, 2010
	(in millions)
Domestic	$	365	$	532	$	182
Foreign	3,875		2,818		1,842
Income before income taxes	$	4,240	$	3,350	$	2,024

Components of net deferred tax asset

	February 3, 2012			January 28, 2011
	(in millions)
Deferred tax assets:
Deferred revenue	$	486		$	369
Warranty provisions	226			214
Provisions for product returns and doubtful accounts	85			77
Credit carryforwards	61			54
Loss carryforwards	271			268
Stock-based and deferred compensation	183			203
Operating and compensation related accruals	140			135
Capitalized intangible assets	51			55
Other	97			98
Deferred tax assets	1,600			1,473
Valuation allowance	(73		)	(72		)
Deferred tax assets, net of valuation allowance	1,527			1,401
Deferred tax liabilities:
Leasing and financing	(220		)	(49		)
Property and equipment	(136		)	(144		)
Acquired intangibles	(667		)	(511		)
Other	(59		)	(64		)
Deferred tax liabilities	(1,082		)	(768		)
Net deferred tax assets	$	445		$	633
Current portion	$	682		$	558
Non-current portion	(237		)	75
Net deferred tax assets	$	445		$	633

Schedule of reconciliation of statutory and effective income tax rate

	Fiscal Year Ended
	February 3, 2012		January 28, 2011		January 29, 2010
U.S. federal statutory rate	35.0	%	35.0	%	35.0	%
Foreign income taxed at different rates	(19.2	)	(14.7	)	(7.6	)
State income taxes, net of federal tax benefit	0.8		1.4		1.4
Regulatory settlement	—		1.0		—
Other	1.0		(1.4	)	0.4
Total	17.6	%	21.3	%	29.2	%

Unrecognized tax benefit reconciliation

	Total
	(in millions)
Balance at January 30, 2009	$	1,538
Increases related to tax positions of the current year	298
Increases related to tax positions of prior years	32
Reductions for tax positions of prior years	(69		)
Lapse of statute of limitations	(3		)
Audit settlements	(3		)
Balance at January 29, 2010	1,793
Increases related to tax positions of the current year	262
Increases related to tax positions of prior years	22
Reductions for tax positions of prior years	(41		)
Lapse of statute of limitations	(32		)
Audit settlements	(21		)
Balance at January 28, 2011	1,983
Increases related to tax positions of the current year	260
Increases related to tax positions of prior years	30
Reductions for tax positions of prior years	(43		)
Lapse of statute of limitations	(32		)
Audit settlements	(4		)
Balance at February 3, 2012	$	2,194