Fair Value Measurements (Tables)

12 Months Ended

Feb. 02, 2013

Assets and Liabilities Measured at Fair Value on Recurring Basis

The following table provides a summary of the recognized assets and liabilities that are measured at fair value on a recurring basis:

	As of February 2, 2013						As of January 28, 2012
	(in millions)
	Level 1		Level 2		Level 3		Level 1		Level 2		Level 3
Assets
Short-term investments	$	—	$	48	$	—	$	—	$	—	$	—
Auction rate security		—		6		—		—		5		—
Forward foreign exchange contracts		—		6		—		—		—		—
Total Assets	$	—	$	60	$	—	$	—	$	5	$	—
Liabilities
Forward foreign exchange contracts		—		—		—		—		2		—
Total Liabilities	$	—	$	—	$	—	$	—	$	2	$	—

Recognized Assets Measured at Fair Value on Non-Recurring Basis

The following table provides a summary of recognized assets that are measured at fair value on a non-recurring basis. See Note 3, Impairment Charges, for further discussion and additional disclosures.

(in millions)	Level 1		Level 2		Level 3		Loss Recognized
Year ended February 2, 2013:
Intangible assets	$	—	$	—	$	3	$	7
Long-lived assets held and used	$	—	$	—	$	—	$	5
Year ended January 28, 2012:
Intangible assets	$	—	$	—	$	10	$	5

Carrying Value and Estimated Fair Value of Long-Term Debt

The carrying value and estimated fair value of long-term debt were as follows:

	2012		2011
	(in millions)
Carrying Value	$	133	$	135
Fair Value	$	152	$	140