Old COPPER (CPPRQ) 10-Q 8 Sep 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Aug. 01, 2015	Sep. 04, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	J C PENNEY CO INC
Entity Central Index Key	1,166,126
Current Fiscal Year End Date	--01-30
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Aug. 1, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2
Amendment Flag	false
Entity Common Stock, Shares Outstanding		305,491,291
Trading Symbol	jcp

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Aug. 01, 2015	Aug. 02, 2014	Aug. 01, 2015	Aug. 02, 2014
Income Statement [Abstract]
Total net sales	$ 2,875	$ 2,799	$ 5,732	$ 5,600
Cost of goods sold	1,810	1,791	3,626	3,666
Gross margin	1,065	1,008	2,106	1,934
Operating expenses/(income):
Selling, general and administrative (SG&A)	901	964	1,866	1,973
Pension	13	2	23	3
Depreciation and amortization	153	160	307	318
Real estate and other, net	19	(53)	(16)	(70)
Restructuring and management transition	17	5	39	27
Total operating expenses	1,103	1,078	2,219	2,251
Operating income/(loss)	(38)	(70)	(113)	(317)
Net interest expense	103	106	201	203
Income/(loss) before income taxes	(141)	(176)	(314)	(520)
Income tax expense/(benefit)	(3)	(4)	(9)	4
Net income/(loss)	$ (138)	$ (172)	$ (305)	$ (524)
Earnings/(loss) per share:
Basic (in dollars per share)	$ (0.45)	$ (0.56)	$ (1)	$ (1.72)
Diluted (in dollars per share)	$ (0.45)	$ (0.56)	$ (1)	$ (1.72)
Weighted average shares – basic	305.9	305.2	305.7	305.1
Weighted average shares – diluted	305.9	305.2	305.7	305.1

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME/(LOSS) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Aug. 01, 2015	Aug. 02, 2014	Aug. 01, 2015	Aug. 02, 2014
Statement of Comprehensive Income [Abstract]
Net income/(loss)	$ (138)	$ (172)	$ (305)	$ (524)
Other comprehensive income/(loss), net of tax:
Reclassification for amortization of net actuarial (gain)/loss	18	9	35	20
Reclassification for amortization of prior service (credit)/cost	0	1	0	0
Net gain/(loss) on interest rate swaps	(6)	0	(6)	0
Total other comprehensive income/(loss), net of tax	12	10	29	20
Total comprehensive income/(loss), net of tax	$ (126)	$ (162)	$ (276)	$ (504)

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions		Aug. 01, 2015	Jan. 31, 2015	Aug. 02, 2014
Current assets:
Cash in banks and in transit		$ 178	$ 119	$ 189
Cash short-term investments		795	1,199	847
Cash and cash equivalents		973	1,318	1,036
Merchandise inventory		3,005	2,652	2,848
Deferred taxes		184	172	182
Prepaid expenses and other		200	189	207
Total current assets		4,362	4,331	4,273
Property and equipment (net of accumulated depreciation of $3,586, $3,485 and $3,617)		4,989	5,148	5,415
Prepaid pension		266	220	701
Other assets		615	610	627
Total Assets		10,232	10,309	11,016
Current liabilities:
Merchandise accounts payable		1,122	997	984
Other accounts payable and accrued expenses		1,170	1,103	1,094
Current portion of capital leases and note payable		27	28	30
Current maturities of long-term debt		28	28	28
Total current liabilities		2,347	2,156	2,136
Long-term capital leases and note payable		18	38	44
Long-term debt		5,225	5,227	5,227
Deferred taxes		378	363	364
Other liabilities		604	611	645
Total Liabilities		8,572	8,395	8,416
Stockholders’ Equity
Common stock	[1]	153	152	152
Additional paid-in capital		4,627	4,606	4,588
Reinvested earnings/(accumulated deficit)		(2,084)	(1,779)	(1,532)
Accumulated other comprehensive income/(loss)		(1,036)	(1,065)	(608)
Total Stockholders’ Equity		1,660	1,914	2,600
Total Liabilities and Stockholders’ Equity		$ 10,232	$ 10,309	$ 11,016
[1]	1,250 million shares of common stock are authorized with a par value of $0.50 per share. The total shares issued and outstanding were 305.5 million, 304.8 million and 304.9 million as of August 1, 2015, August 2, 2014 and January 31, 2015, respectively.

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Millions	Aug. 01, 2015	Jan. 31, 2015	Aug. 02, 2014
Statement of Financial Position [Abstract]
Accumulated depreciation	$ (3,586)	$ (3,617)	$ (3,485)
Common stock, shares authorized	1,250,000,000	1,250,000,000	1,250,000,000
Common stock, par value per share	$ 0.50	$ 0.50	$ 0.5
Common stock, shares issued	305,500,000	304,900,000	304,800,000
Common stock, shares outstanding	305,500,000	304,900,000	304,800,000

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Aug. 01, 2015	Aug. 02, 2014	Aug. 01, 2015	Aug. 02, 2014
Cash flows from operating activities
Net income/(loss)	$ (138)	$ (172)	$ (305)	$ (524)
Adjustments to reconcile net income/(loss) to net cash provided by/(used in) operating activities:
Restructuring and management transition	1	1	4	3
Asset impairments and other charges	1	2	2	4
Net gain on sale of non-operating assets	(6)	(9)	(8)	(21)
Net gain on sale of operating assets	0	0	(8)	(1)
Depreciation and amortization	153	160	307	318
Benefit plans	6	(4)	10	(13)
Stock-based compensation	11	9	21	16
Deferred taxes	(6)	(14)	(17)	(19)
Change in cash from:
Inventory	(194)	(13)	(353)	87
Prepaid expenses and other assets	26	8	(11)	(19)
Merchandise accounts payable	59	143	125	36
Current income taxes	2	(6)	6	4
Accrued expenses and other	127	32	43	(5)
Net cash provided by/(used in) operating activities	42	137	(184)	(134)
Cash flows from investing activities
Capital expenditures	(95)	(61)	(141)	(141)
Net proceeds from sale of non-operating assets	7	11	13	26
Net proceeds from sale of operating assets	0	0	5	2
Joint venture return of investment	0	8	0	8
Net cash provided by/(used in) investing activities	(88)	(42)	(123)	(105)
Cash flows from financing activities
Payments on short-term borrowings	0	650	0	650
Net proceeds from issuance of long-term debt	0	500	0	500
Payments of capital leases and note payable	(18)	(13)	(23)	(18)
Payments of long-term debt	(7)	(6)	(13)	(11)
Financing costs	0	(60)	0	(60)
Tax withholding payments for vested restricted stock	0	0	(2)	(1)
Net cash provided by/(used in) financing activities	(25)	(229)	(38)	(240)
Net increase/(decrease) in cash and cash equivalents	(71)	(134)	(345)	(479)
Cash and cash equivalents at beginning of period	1,044	1,170	1,318	1,515
Cash and cash equivalents at end of period	973	1,036	973	1,036
Supplemental cash flow information
Income taxes received/(paid), net	(2)	(16)	(2)	(19)
Interest received/(paid), net	(58)	(57)	(184)	(183)
Supplemental non-cash investing and financing activity
Property contributed to joint venture	0	0	0	30
Increase/(decrease) in other accounts payable related to purchases of property and equipment	$ 18	$ (6)	$ 29	$ (5)

Basis of Presentation and Conso

Basis of Presentation and Consolidation	6 Months Ended
	Aug. 01, 2015
Basis of Presentation and Consolidation [Abstract]
Basis of Presentation and Consolidation	Basis of Presentation and Consolidation Basis of Presentation J. C. Penney Company, Inc. is a holding company whose principal operating subsidiary is J. C. Penney Corporation, Inc. (JCP). JCP was incorporated in Delaware in 1924 , and J. C. Penney Company, Inc. was incorporated in Delaware in 2002 , when the holding company structure was implemented. The holding company has no independent assets or operations, and no direct subsidiaries other than JCP. The holding company and its consolidated subsidiaries, including JCP, are collectively referred to in this quarterly report as “we,” “us,” “our,” “ourselves” or the “Company,” unless otherwise indicated. J. C. Penney Company, Inc. is a co-obligor (or guarantor, as appropriate) regarding the payment of principal and interest on JCP’s outstanding debt securities. The guarantee of certain of JCP’s outstanding debt securities by J. C. Penney Company, Inc. is full and unconditional. These unaudited Interim Consolidated Financial Statements have been prepared in accordance with accounting principles generally accepted in the United States of America (GAAP) and in accordance with the rules and regulations of the Securities and Exchange Commission (SEC). The accompanying unaudited Interim Consolidated Financial Statements, in our opinion, include all material adjustments necessary for a fair presentation and should be read in conjunction with the audited Consolidated Financial Statements and notes thereto in our Annual Report on Form 10-K for the fiscal year ended January 31, 2015 ( 2014 Form 10-K). We follow substantially the same accounting policies to prepare quarterly financial statements as are followed in preparing annual financial statements. A description of such significant accounting policies is included in the 2014 Form 10-K. The January 31, 2015 financial information was derived from the audited Consolidated Financial Statements, with related footnotes, included in the 2014 Form 10-K. Because of the seasonal nature of the retail business, operating results for interim periods are not necessarily indicative of the results that may be expected for the full year. Fiscal Year Our fiscal year ends on the Saturday closest to January 31. As used herein, “three months ended August 1, 2015 ” and “three months ended August 2, 2014 ” refer to the 13-week periods ended August 1, 2015 and August 2, 2014 , respectively. "Six months ended August 1, 2015 " or "2015 first half," and "six months ended August 2, 2014 ," or "2014 first half," refer to the 26-week periods ended August 1, 2015 and August 2, 2014 , respectively. Fiscal years 2015 and 2014 contain 52 weeks. Basis of Consolidation All significant intercompany transactions and balances have been eliminated in consolidation. Certain reclassifications were made to prior period amounts to conform to the current period presentation. None of the reclassifications affected our net income/(loss) in any period. Use of Estimates and Assumptions The preparation of unaudited Interim Consolidated Financial Statements, in conformity with GAAP, requires us to make assumptions and use estimates that affect the reported amounts of assets and liabilities and the disclosure of contingent liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The most significant estimates relate to: inventory valuation under the retail method, specifically permanent reductions to retail prices (markdowns), permanent devaluation of inventory (markdown accruals) and adjustments for shortages (shrinkage); valuation of long-lived assets and indefinite-lived intangible assets for impairments; fair value of interest rate swaps; reserves for closed stores, workers’ compensation and general liability (insurance), environmental contingencies, income taxes and litigation; and pension and other postretirement benefits accounting. Such estimates and assumptions are subject to inherent uncertainties, which may result in actual amounts differing from reported amounts.

Effect of New Accounting Standa

Effect of New Accounting Standards	6 Months Ended
	Aug. 01, 2015
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Effect of New Accounting Standards	Effect of New Accounting Standards In April 2015, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2015-03, Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs (ASU 2015-03). ASU 2015-03 requires debt issuance costs related to a recognized debt liability to be presented in the balance sheet as a direct deduction from the carrying value of that debt liability, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected by ASU 2015-03. The amendments in this ASU are effective retrospectively for fiscal years, and interim periods within those years, beginning after December 15, 2015. Early adoption is permitted. The Company early adopted ASU 2015-03 retrospectively in its second quarter ended August 1, 2015. As a result of the retrospective adoption, the Company reclassified unamortized debt issuance costs of $95 million and $96 million as of January 31, 2015 and August 2, 2014, respectively, from Other assets to a reduction in Long-term debt on the unaudited Interim Consolidated Balance Sheets. Adoption of this standard did not impact results of operations, retained earnings, or cash flows in the current or previous interim and annual reporting periods.

Earnings_(Loss) per Share

Earnings/(Loss) per Share	6 Months Ended
	Aug. 01, 2015
Earnings Per Share [Abstract]
Earnings/(Loss) per Share	Earnings/(Loss) per Share Net income/(loss) and shares used to compute basic and diluted earnings/(loss) per share (EPS) are reconciled below: Three Months Ended Six Months Ended (in millions, except per share data) August 1, August 2, August 1, August 2, Earnings/(loss) Net income/(loss) $ (138 ) $ (172 ) $ (305 ) $ (524 ) Shares Weighted average common shares outstanding (basic shares) 305.9 305.2 305.7 305.1 Adjustment for assumed dilution: Stock options, restricted stock awards and warrant — — — — Weighted average shares assuming dilution (diluted shares) 305.9 305.2 305.7 305.1 EPS Basic $ (0.45 ) $ (0.56 ) $ (1.00 ) $ (1.72 ) Diluted $ (0.45 ) $ (0.56 ) $ (1.00 ) $ (1.72 ) The following average potential shares of common stock were excluded from the diluted EPS calculation because their effect would have been anti-dilutive: Three Months Ended Six Months Ended (Shares in millions) August 1, August 2, August 1, August 2, Stock options, restricted stock awards and warrant 34.6 26.7 33.2 25.4

Credit Facility

Credit Facility	6 Months Ended
	Aug. 01, 2015
Credit Facility [Abstract]
Credit Facility	Credit Facility On June 20, 2014 , J. C. Penney Company, Inc., JCP and J. C. Penney Purchasing Corporation entered into a $2,350 million asset-based senior credit facility (2014 Credit Facility), comprised of a $1,850 million revolving line of credit (Revolving Facility) and a $500 million term loan (2014 Term Loan). As of the end of the second quarter of 2015 , we had $495 million outstanding on the 2014 Term Loan and no borrowings outstanding under the Revolving Facility. In addition, as of the end of the second quarter of 2015 , based on our borrowing base, we had $1,635 million available for borrowing, of which $ 310 million was reserved for outstanding standby and import letters of credit, none of which have been drawn on, leaving $1,325 million for future borrowings. The applicable rate for standby and import letters of credit was 2.50% and 1.25% , respectively, while the commitment fee was 0.375% for the unused portion of the Revolving Facility.

Long-Term Debt

Long-Term Debt	6 Months Ended
	Aug. 01, 2015
Debt Disclosure [Abstract]
Long-Term Debt	5. Long-term Debt Outstanding Principal Unamortized Debt Issuance Costs Net Carrying Amount ($ in millions) August 1, 2015 August 2, 2014 January 31, 2015 August 1, 2015 August 2, 2014 January 31, 2015 August 1, 2015 August 2, 2014 January 31, 2015 5.65% Senior Notes Due 2020 (1) $ 400 $ 400 $ 400 $ 4 $ 5 $ 5 $ 396 $ 395 $ 395 5.75% Senior Notes Due 2018 (1) 300 300 300 1 2 1 299 298 299 6.375% Senior Notes Due 2036 (1) 400 400 400 6 7 7 394 393 393 6.875% Medium-Term Notes Due 2015 — 200 — — — — — 200 — 6.9% Notes Due 2026 2 2 2 — — — 2 2 2 7.125% Debentures Due 2023 10 10 10 — — — 10 10 10 7.4% Debentures Due 2037 326 326 326 1 1 1 325 325 325 7.625% Notes Due 2097 500 500 500 — — — 500 500 500 7.65% Debentures Due 2016 78 200 78 — — — 78 200 78 7.95% Debentures Due 2017 220 285 220 — — — 220 285 220 8.125% Senior Notes Due 2019 400 — 400 9 — 10 391 — 390 2013 Term Loan Facility 2,205 2,228 2,216 50 67 58 2,155 2,161 2,158 2014 Term Loan 495 500 498 12 14 13 483 486 485 Total debt, excluding capital leases and note payable $ 5,336 $ 5,351 $ 5,350 $ 83 $ 96 $ 95 $ 5,253 $ 5,255 $ 5,255 Less: current maturities 28 28 28 Total long-term debt, excluding capital leases and note payable $ 5,225 $ 5,227 $ 5,227 (1) These debt issuances contain change of control provisions that would obligate us, at the holders’ option, to repurchase the debt at a price equal to 101% of the principal amount of the debt.

Derivative Financial Instrument

Derivative Financial Instruments (Notes)	6 Months Ended
	Aug. 01, 2015
Derivative [Line Items]
Derivative Instruments and Hedging Activities Disclosure [Text Block]	6. Derivative Financial Instruments Effective May 7, 2015, we entered into interest rate swap agreements with notional amounts totaling $1,250 million to fix a portion of our variable LIBOR-based interest payments. The interest rate swap agreements have a weighted-average fixed rate of 2.04% , mature on May 7, 2020 and have been designated as cash flow hedges. The fair value of our interest rate swaps are recorded on the unaudited Interim Consolidated Balance Sheets as an asset or a liability (see Note 7). The effective portion of the interest rate swaps' changes in fair values is reported in Accumulated other comprehensive income/(loss) (see Note 8), and the ineffective portion is reported in Net income/(loss). Amounts in Accumulated other comprehensive income/(loss) are reclassified into net income/(loss) when the related interest payments affect earnings. For the periods presented, all of the interest rate swaps were 100% effective. Information regarding the pre-tax changes in the fair value of our interest rate swaps is as follows: Three Months Ended Six Months Ended Line Item in the Unaudited Interim Financial Statements ($ in millions) August 1, 2015 August 2, 2014 August 1, 2015 August 2, 2014 Gain/(loss) recognized in other comprehensive income/(loss) $ (9 ) $ — $ (9 ) $ — Accumulated other comprehensive income Gain/(loss) recognized in net income/(loss) (2 ) — (2 ) — Interest expense Information regarding the gross amounts of our derivative instruments in the unaudited Interim Consolidated Balance Sheets is as follows: Asset Derivatives at Fair Value Liability Derivatives at Fair Value ($ in millions) Balance Sheet Location August 1, 2015 August 2, 2014 January 31, 2015 Balance Sheet Location August 1, 2015 August 2, 2014 January 31, 2015 Derivatives designated as hedging instruments: Interest rate swaps N/A $ — $ — $ — Other accounts payable and accrued expenses $ 2 $ — $ — Interest rate swaps N/A — — — Other liabilities 9 — — Total derivatives designated as hedging instruments $ — $ — $ — $ 11 $ — $ —

Fair Value Disclosures

Fair Value Disclosures	6 Months Ended
	Aug. 01, 2015
Fair Value Disclosures [Abstract]
Fair Value Disclosures	Fair Value Disclosures Cash Flow Hedges Measured on a Recurring Basis Our cash flow hedges are valued in the market using discounted cash flow techniques which use quoted market interest rates in discounted cash flow calculations which consider the instrument's term, notional amount, discount rate and credit risk. Significant inputs to the derivative valuation for interest rate swaps are observable in the active markets and are classified as Level 2 in the fair value measurement hierarchy. Our cash flow hedges measured at fair value are as follows: Cash Flow Hedges at Fair Value ($ in millions) Quoted Prices in Active Markets of Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) August 1, 2015 $ — $ (11 ) $ — August 2, 2014 — — — January 31, 2015 — — — Other Financial Instruments Carrying values and fair values of financial instruments that are not carried at fair value in the unaudited Interim Consolidated Balance Sheets are as follows: August 1, 2015 August 2, 2014 January 31, 2015 ($ in millions) Carrying Amount Fair Value Carrying Amount Fair Value Carrying Amount Fair Value Long-term debt, excluding unamortized debt issuance costs, including current maturities $ 5,336 $ 5,002 $ 5,351 $ 5,072 $ 5,350 $ 4,834 The fair value of long-term debt was estimated by obtaining quotes from brokers or was based on current rates offered for similar debt. As of August 1, 2015 , August 2, 2014 and January 31, 2015 , the fair values of cash and cash equivalents, accounts payable and short-term borrowings approximated their carrying values due to the short-term nature of these instruments. In addition, the fair values of capital lease commitments and the note payable approximated their carrying values. These items have been excluded from the table above. Concentrations of Credit Risk We have no significant concentrations of credit risk.

Stockholders' Equity

Stockholders' Equity	6 Months Ended
	Aug. 01, 2015
Stockholders' Equity Note [Abstract]
Stockholders' Equity	Stockholders’ Equity The following table shows the change in the components of stockholders’ equity for the six months ended August 1, 2015 : (in millions) Number Shares Common Stock Additional Capital Reinvested Deficit) Accumulated Income/(Loss) Total Equity January 31, 2015 304.9 $ 152 $ 4,606 $ (1,779 ) $ (1,065 ) $ 1,914 Net income/(loss) — — — (305 ) — (305 ) Other comprehensive income/(loss) — — — — 29 29 Stock-based compensation 0.6 1 21 — — 22 August 1, 2015 305.5 $ 153 $ 4,627 $ (2,084 ) $ (1,036 ) $ 1,660 Comprehensive Income The tax effects allocated to each component of other comprehensive income/(loss) are as follows: Three Months Ended August 1, 2015 August 2, 2014 ($ in millions) Gross Income Net Gross Income Net Retirement benefit plans Reclassification for amortization of net actuarial (gain)/loss $ 29 $ (11 ) $ 18 $ 16 $ (7 ) $ 9 Reclassification for amortization of prior service (credit)/cost — — — 1 — 1 Cash flow hedges Net gain/(loss) on interest rate swaps (9 ) 3 (6 ) — — — Total $ 20 $ (8 ) $ 12 $ 17 $ (7 ) $ 10 Six Months Ended August 1, 2015 August 2, 2014 ($ in millions) Gross Amount Income Benefit Net Amount Gross Amount Income Benefit Net Amount Retirement benefit plans Reclassification for amortization of net actuarial (gain)/loss $ 58 $ (23 ) $ 35 $ 33 $ (13 ) $ 20 Cash flow hedges Net gain/(loss) on interest rate swaps (9 ) 3 (6 ) — — — Total $ 49 $ (20 ) $ 29 $ 33 $ (13 ) $ 20 The following table shows the changes in accumulated other comprehensive income/(loss) balances for the six months ended August 1, 2015 : ($ in millions) Net Actuarial Gain/(Loss) Prior Service Credit/(Cost) Foreign Currency Translation Gain/(Loss) on Cash Flow Hedges Accumulated Other Income/(Loss) January 31, 2015 $ (1,023 ) $ (40 ) $ (2 ) $ — $ (1,065 ) Other comprehensive income/(loss) before reclassifications — — — (7 ) (7 ) Amounts reclassified from accumulated other comprehensive income 35 — — 1 36 August 1, 2015 $ (988 ) $ (40 ) $ (2 ) $ (6 ) $ (1,036 ) Reclassifications out of accumulated other comprehensive income/(loss) are as follows: Amount Reclassified from Accumulated Other Comprehensive Income/(Loss) Line Item in the Unaudited Interim Consolidated Statements of Operations Three Months Ended Six Months Ended ($ in millions) August 1, August 2, August 1, August 2, Amortization of retirement benefit plans Actuarial loss/(gain) (1) $ 29 $ 16 $ 58 $ 33 Pension Prior service cost/(credit) (1) 2 3 4 4 Pension Prior service cost/(credit) (1) (2 ) (2 ) (4 ) (4 ) SG&A Cash flow hedges Realized loss/(gain) 2 — 2 — Net interest expense Tax (expense)/benefit (12 ) (7 ) (24 ) (13 ) Income tax expense/(benefit) Total, net of tax 19 10 36 20 Total reclassifications $ 19 $ 10 $ 36 $ 20 (1) These accumulated other comprehensive income/(loss) components are included in the computation of net periodic benefit expense/(income). See Note 10 for additional details.

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Aug. 01, 2015
Share-based Compensation [Abstract]
Stock-Based Compensation	Stock-based Compensation We grant stock-based compensation awards to employees and non-employee directors under the J. C. Penney Company, Inc. 2014 Long-Term Incentive Plan (2014 Plan). As of August 1, 2015 , a maximum of 11.6 million shares of stock were available for future grant under the 2014 Plan. Stock-based compensation expense for the three months ended August 1, 2015 and August 2, 2014 was $15 million and $11 million , respectively. Stock-based compensation expense for the six months ended August 1, 2015 and August 2, 2014 was $30 million and $21 million , respectively. Through the first six months of 2015, the Company granted the following stock-based compensation awards: Restricted Stock Units (RSU) Stock Options Weighted Average Grant Date Fair Value Grant Date Time-based Performance-based Time-based Weighted Average Exercise Price March 3, 2015 28,554 — — $ — $ 7.88 March 19, 2015 2,135,177 1,534,754 4,294,885 $ 7.77 $ 5.36 May 18, 2015 11,696 — — $ — $ 8.55 May 20, 2015 15,878 31,755 38,624 $ 8.66 $ 6.38 June 4, 2015 49,190 98,380 123,188 $ 8.64 $ 6.28 June 11, 2015 (1) 31,437 — 78,358 $ 8.35 $ 4.78 Total 2,271,932 1,664,889 4,535,055 $ 7.81 $ 5.40 (1) RSUs and options were granted under an equity inducement plan. Performance-based awards that ultimately vest are dependent on market performance targets measured by the achievement of internal profitability targets for 2015 through 2017 (performance condition). In addition to the grants above, on March 19, 2015, we granted approximately 2.5 million phantom units as part of our management incentive compensation plan, which are similar to RSUs in that the number of units granted was based on the price of our stock, but the units will be settled in cash based on the value of our stock on the vesting date, up to a maximum of $15.54 per phantom unit. The fair value of the awards is remeasured at each reporting period and was $8.24 per share as of August 1, 2015 . Compensation expense, which is variable, is recognized over the vesting period with a corresponding liability, which is recorded in Other liabilities in our unaudited Interim Consolidated Balance Sheets. We also granted approximately 154,000 fully vested RSUs to directors during the second quarter of 2015 with a fair value of $8.64 per RSU award.

Retirement Benefit Plans

Retirement Benefit Plans	6 Months Ended
	Aug. 01, 2015
Retirement Benefit Plans [Abstract]
Retirement Benefit Plans	Retirement Benefit Plans The components of net periodic benefit expense/(income) for our non-contributory qualified defined benefit pension plan (Primary Pension Plan), non-contributory supplemental pension plans and contributory postretirement health and welfare plan were as follows: Three Months Ended Six Months Ended ($ in millions) August 1, August 2, August 1, August 2, Primary Pension Plan Service cost $ 18 $ 16 $ 35 $ 31 Interest cost 49 52 98 105 Other cost 3 — 3 — Expected return on plan assets (89 ) (87 ) (178 ) (174 ) Amortization of actuarial loss/(gain) 25 12 51 25 Amortization of prior service cost/(credit) 2 3 4 4 Net periodic benefit expense/(income) $ 8 $ (4 ) $ 13 $ (9 ) Supplemental Pension Plans Service cost $ — $ — $ — $ — Interest cost 1 2 3 4 Amortization of actuarial loss/(gain) 4 4 7 8 Amortization of prior service cost/(credit) — — — — Net periodic benefit expense/(income) $ 5 $ 6 $ 10 $ 12 Primary and Supplemental Pension Plans Total Service cost $ 18 $ 16 $ 35 $ 31 Interest cost 50 54 101 109 Other cost 3 — 3 — Expected return on plan assets (89 ) (87 ) (178 ) (174 ) Amortization of actuarial loss/(gain) 29 16 58 33 Amortization of prior service cost/(credit) 2 3 4 4 Net periodic benefit expense/(income) $ 13 $ 2 $ 23 $ 3 Postretirement Health and Welfare Plan Service cost $ — $ — $ — $ — Interest cost — — — — Amortization of actuarial loss/(gain) — — — — Amortization of prior service cost/(credit) (2 ) (2 ) (4 ) (4 ) Net periodic benefit expense/(income) $ (2 ) $ (2 ) $ (4 ) $ (4 ) Retirement Benefit Plans Total Service cost $ 18 $ 16 $ 35 $ 31 Interest cost 50 54 101 109 Other cost 3 — 3 — Expected return on plan assets (89 ) (87 ) (178 ) (174 ) Amortization of actuarial loss/(gain) 29 16 58 33 Amortization of prior service cost/(credit) — 1 — — Net periodic benefit expense/(income) $ 11 $ — $ 19 $ (1 ) Net periodic benefit expense/(income) for our noncontributory postretirement health and welfare plan was predominantly included in SG&A expense in the unaudited Interim Consolidated Statements of Operations. Primary Pension Plan Lump-Sum Payment Offer In August 2015, as a result of a plan amendment, we offered approximately 31,000 retirees and beneficiaries in the Primary Pension Plan who commenced their benefit between January 1, 2000 and August 31, 2012 the option to receive a lump-sum settlement payment. In addition, we also offered approximately 8,000 participants in the Primary Pension Plan who separated from service and had a deferred vested benefit as of August 31, 2012 the option to receive a lump-sum settlement payment. These participants have until September 18, 2015 to elect to receive the lump-sum settlement payment with the payments to be made by the Company beginning on November 2, 2015 using assets from the Primary Pension Plan. Accordingly, the settlement expense related to the lump sum payments will be recognized in the fourth quarter of 2015. Defined Contribution Plans Our defined contribution plans include a qualified Savings, Profit-Sharing and Stock Ownership Plan (401(k) plan), which includes a non-contributory retirement account, and a non-qualified contributory unfunded mirror savings plan offered to certain members of management. Total expense for our defined contribution plans for each of the second quarters of 2015 and 2014 was $14 million and $13 million , respectively, and was predominantly included in SG&A expenses in the unaudited Interim Consolidated Statements of Operations. Total expense for the first six months of 2015 and 2014 was $27 million and $ 26 million , respectively.

Restructuring and Management Tr

Restructuring and Management Transition	6 Months Ended
	Aug. 01, 2015
Restructuring and Related Activities [Abstract]
Restructuring and Management Transition	Restructuring and Management Transition The composition of restructuring and management transition charges was as follows: Three Months Ended Six Months Ended Cumulative Amount From Program Inception Through August 1, 2015 ($ in millions) August 1, August 2, August 1, August 2, Home office and stores $ 15 $ — $ 29 $ 12 $ 276 Management transition 1 1 7 8 231 Other 1 4 3 7 152 Total $ 17 $ 5 $ 39 $ 27 $ 659 Home Office and Stores During the six months ended August 1, 2015 and August 2, 2014 , we recorded $29 million and $12 million , respectively, of charges for actions taken to reduce our home office and store expenses. In January 2015 and during the second quarter of 2015, we approved the closing of 41 department stores with closing dates all to occur during fiscal 2015. As a result of these approved closures, during the first half of 2015, we incurred charges of $29 million related to employee termination benefits and lease termination costs associated with the closure of 39 of the 41 stores. Last year we also closed stores as part of our turnaround efforts. During the first half of 2014, we incurred charges of $12 million for employee termination benefits and lease termination costs associated with the closure of 32 of the 33 stores that closed during 2014. Management Transition During the six months ended August 1, 2015 and August 2, 2014 , we implemented changes within our management leadership team that resulted in management transition costs of $7 million and $8 million , respectively, for both incoming and outgoing members of management. Other During the six months ended August 1, 2015 and August 2, 2014 , we recorded $3 million and $7 million , respectively, of miscellaneous restructuring charges. The 2015 charges were related to costs associated with the closure of our Sumner, Washington store merchandise distribution center and contract termination costs associated with our previous shops strategy. The 2014 charges were primarily related to contract termination costs associated with our previous shops strategy. Activity for the restructuring and management transition liability for the six months ended August 1, 2015 was as follows: ($ in millions) Home Office and Stores Management Transition Other Total January 31, 2015 $ 9 $ — $ 17 $ 26 Charges 29 7 3 39 Cash payments (16 ) (5 ) (5 ) (26 ) Non-cash — (2 ) (2 ) (4 ) August 1, 2015 $ 22 $ — $ 13 $ 35 The non-cash amounts represent charges primarily for stock-based compensation expense in conjunction with accelerated vesting related to terminations and for the write-off of store merchandise distribution center fixtures.

Real Estate and Other, Net

Real Estate and Other, Net	6 Months Ended
	Aug. 01, 2015
Real Estate and Other, Net [Abstract]
Real Estate and Other, Net	Real Estate and Other, Net Real estate and other consists of ongoing operating income from our real estate subsidiaries, net gains from the sale of facilities and equipment that are no longer used in operations, asset impairments, accruals for certain litigation and other non-operating charges and credits. In addition, during the first quarter of 2014, we entered into a joint venture in which we contributed approximately 220 acres of excess property adjacent to our home office facility in Plano, Texas (Home Office Land Joint Venture). The joint venture was formed to develop the contributed property and our proportional share of the joint venture's activities is recorded in Real estate and other, net. For the three months ended August 1, 2015 and August 2, 2014 , Real estate and other, net was expense of $19 million and income of $53 million , respectively. For the six months ended August 1, 2015 and August 2, 2014 , Real estate and other, net was income of $16 million and $70 million , respectively. Sale of Non-Operating Assets During the first quarter of 2015, we sold two properties used in our former auto center operations and two former outlet store locations for net proceeds of $6 million , resulting in net gains totaling $2 million . During the second quarter of 2015, we sold two additional properties used in our former auto center operations for net proceeds of $7 million , resulting in net gains totaling $6 million . During the first quarter of 2014, we sold four properties used in our former auto center operations and excess property adjacent to our home office facility not contributed to the Home Office Land Joint Venture for net proceeds of $15 million , resulting in net gains totaling $12 million . During the second quarter of 2014, we sold four additional properties used in our former auto center operations for net proceeds of $11 million , resulting in net gains totaling $9 million . Sale of Operating Assets During the first quarter of 2015, we recognized a net gain of $8 million for the sale of a former furniture store location and for payments received from landlords to terminate two existing leases prior to the original expiration date. During the first quarter of 2014, we sold a former department store location with a net book value of $1 million for net proceeds of $2 million , realizing a gain of $1 million . Investment Income from Joint Ventures During the first quarter of 2015, the Company recorded $22 million for our proportional share of net income from the Home Office Land Joint Venture and received an aggregate cash distribution of $22 million . During the second quarter of 2014, the Company recorded $43 million for our proportional share of net income from the Home Office Land Joint Venture and received an aggregate cash distribution of $51 million . Other During the second quarter of 2015, we recognized a net gain of $3 million on a payment received from a landlord to terminate an existing lease prior to its original expiration date.

Income Taxes

Income Taxes	6 Months Ended
	Aug. 01, 2015
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes Income taxes for the three months ended August 1, 2015 was a benefit of $3 million compared to a benefit of $4 million for the three months ended August 2, 2014 . The effective tax rate for the three months ended August 1, 2015 was (2.1)% as compared to (2.3)% for the three months ended August 2, 2014 . Income taxes for the six months ended August 1, 2015 was a benefit of $9 million compared to an expense of $4 million for the six months ended August 2, 2014 . The effective tax rate for the six months ended August 1, 2015 was (2.9)% as compared to 0.8% for the six months ended August 2, 2014 . Our effective tax rate for the three and six months ended August 1, 2015 was impacted by a net increase to the tax valuation allowance for deferred tax assets of $46 million and $90 million , respectively. In assessing the need for the valuation allowance, we considered both positive and negative evidence related to the likelihood of realization of the deferred tax assets. As a result of our assessment, we concluded that, beginning in the second quarter of 2013, our estimate of the realization of deferred tax assets would be based solely on the future reversals of existing taxable temporary differences and tax planning strategies that we would make use of to accelerate taxable income to utilize expiring carryforwards. Accordingly, in the second quarter of 2015, the valuation allowance was increased to offset the net deferred tax assets created in the quarter relating primarily to the increase in net operating loss (NOL) carryforwards. A valuation allowance of $874 million has been recorded against our deferred tax assets as of August 1, 2015 , which resulted in an increase to the valuation allowance during the six months ended August 1, 2015 of $90 million . The net tax benefit of $3 million for the three months ended August 1, 2015 consisted of state and foreign tax expenses of $3 million and $2 million of expense related to the deferred tax asset change arising from the tax amortization of indefinite-lived intangible assets, offset by an $8 million benefit relating to other comprehensive income. In accordance with GAAP, we are required to allocate a portion of our tax provision between operating losses and accumulated other comprehensive income. Application of this guidance required the recognition of an income tax benefit of $8 million in operating results, offset by an $8 million charge to other comprehensive income for the quarter. The net tax benefit of $9 million for the six months ended August 1, 2015 consisted of state and foreign tax expenses of $7 million and $4 million of expense related to the deferred tax asset change arising from the tax amortization of indefinite-lived intangible assets, offset by a $20 million benefit relating to other comprehensive income. In accordance with GAAP, we are required to allocate a portion of our tax provision between operating losses and accumulated other comprehensive income. Application of this guidance required the recognition of an income tax benefit of $20 million in operating results, offset by a $20 million charge to other comprehensive income for the quarter. As of August 1, 2015 , we have approximately $2.7 billion of net operating losses available for U.S. federal income tax purposes, which expire in 2032 through 2035 and $53 million of tax credit carryforwards that expire at various dates through 2034. For these NOL and tax credit carryforwards a net deferred tax asset of $300 million has been recorded, net of a valuation allowance of $659 million . A valuation allowance of $215 million fully offsets the deferred tax assets resulting from the state NOL carryforwards that expire at various dates through 2035.

Litigation, Other Contingencies

Litigation, Other Contingencies and Guarantees	6 Months Ended
	Aug. 01, 2015
Litigation, Other Contingencies and Guarantees [Abstract]
Litigation, Other Contingencies and Guarantees	Litigation, Other Contingencies and Guarantees Litigation Macy’s Litigation On August 16, 2012, Macy’s, Inc. and Macy’s Merchandising Group, Inc. (together the Plaintiffs) filed suit against JCP in the Supreme Court of the State of New York, County of New York, alleging that the Company tortiously interfered with, and engaged in unfair competition relating to, a 2006 agreement between Macy’s and Martha Stewart Living Omnimedia, Inc. (MSLO) by entering into a partnership agreement with MSLO in December 2011. The Plaintiffs sought primarily to prevent the Company from implementing our partnership agreement with MSLO as it related to products in the bedding, bath, kitchen and cookware categories. The suit was consolidated with an already-existing breach of contract lawsuit by the Plaintiffs against MSLO, and a bench trial commenced on February 20, 2013. On October 21, 2013, the Company and MSLO entered into an amendment of the partnership agreement, providing in part that the Company will not sell MSLO-designed merchandise in the bedding, bath, kitchen and cookware categories. On January 2, 2014, MSLO and Macy's announced that they had settled the case as to each other, and MSLO was subsequently dismissed as a defendant. On June 16, 2014, the Court issued a ruling against the Company on the remaining claim of intentional interference, and held that Macy’s is not entitled to punitive damages. The Court referred other issues related to damages to a Judicial Hearing Officer. On June 30, 2014, the Company appealed the Court’s decision, and Macy’s cross-appealed a portion of the decision. On February 26, 2015, the appellate court affirmed the trial court's rulings concerning the claim of intentional interference and lack of punitive damages, and reinstated Macy's claims for intentional interference and unfair competition that had been dismissed during trial. While no assurance can be given as to the ultimate outcome of this matter, we believe that the final resolution of this action will not have a material adverse effect on our results of operations, financial position, liquidity or capital resources. Ozenne Derivative Lawsuit On January 19, 2012, a purported shareholder of the Company, Everett Ozenne, filed a shareholder derivative lawsuit in the 193 rd District Court of Dallas County, Texas, against certain of the Company’s Board of Directors and executives. The Company is a nominal defendant in the suit. The lawsuit alleged breaches of fiduciary duties, corporate waste and unjust enrichment involving decisions regarding executive compensation, specifically that compensation paid to certain executive officers from 2008 to 2011 was too high in light of the Company’s financial performance. The suit sought damages including unspecified compensatory damages, disgorgement by the former officers of allegedly excessive compensation, and equitable relief to reform the Company’s compensation practices. The Company and the named individuals filed an Answer and Special Exceptions to the lawsuit, arguing primarily that the plaintiff could not proceed with his suit because he failed to make demand on the Company’s Board of Directors, and that because demand on the Board would not be futile, demand was not excused. The trial court heard arguments on the Special Exceptions on June 25, 2012 and denied them. The Company and named individuals filed a mandamus proceeding in the Fifth District Court of Appeals challenging the trial court’s decision. The parties then settled the litigation and the appellate court stayed the appeal so that the trial court could review the proposed settlement. The trial court approved the settlement at a hearing on October 28, 2013 and, despite objection, awarded the plaintiff $3.1 million in attorneys’ fees and costs. Following the Company's appeal of the award of attorneys' fees and costs, the Fifth District Court of Appeals affirmed the award on December 19, 2014. The Company has filed a Petition for Review with the Texas Supreme Court. We believe that the final resolution of this action will not have a material adverse effect on our results of operations, financial position, liquidity or capital resources. Class Action Securities Litigation The Company, Myron E. Ullman, III and Kenneth H. Hannah are parties to the Marcus consolidated purported class action lawsuit in the U.S. District Court, Eastern District of Texas, Tyler Division. The Marcus consolidated complaint is purportedly brought on behalf of persons who acquired our common stock during the period from August 20, 2013 through September 26, 2013, and alleges claims for violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder. Plaintiff claims that the defendants made false and misleading statements and/or omissions regarding the Company’s financial condition and business prospects that caused our common stock to trade at artificially inflated prices. The consolidated complaint seeks class certification, unspecified compensatory damages, including interest, reasonable costs and expenses, and other relief as the court may deem just and proper. Defendants have filed a motion to dismiss the consolidated complaint. Briefing on the motion to dismiss was completed in November, 2014. Also, on August 26, 2014, plaintiff Nathan Johnson filed a purported class action lawsuit against the Company, Myron E. Ullman, III and Kenneth H. Hannah in the U.S. District Court, Eastern District of Texas, Tyler Division. The suit is purportedly brought on behalf of persons who acquired our securities other than common stock during the period from August 20, 2013 through September 26, 2013, generally mirrors the allegations contained in the Marcus lawsuit discussed above, and seeks similar relief. On June 8, 2015, plaintiff in the Marcus lawsuit amended the consolidated complaint to include the members of the purported class in the Johnson lawsuit, and on June 10, 2015, the Johnson lawsuit was consolidated into the Marcus lawsuit. We believe these lawsuits are without merit and we intend to vigorously defend them. While no assurance can be given as to the ultimate outcome of these matters, we believe that the final resolution of these actions will not have a material adverse effect on our results of operations, financial position, liquidity or capital resources. Shareholder Derivative Litigation In October, 2013, two purported shareholder derivative actions were filed against certain present and former members of the Company’s Board of Directors and executives by the following parties in the U.S. District Court, Eastern District of Texas, Sherman Division: Weitzman (filed October 2, 2013) and Zauderer (filed October 3, 2013). The Company is named as a nominal defendant in both suits. The lawsuits assert claims for breaches of fiduciary duties and unjust enrichment based upon alleged false and misleading statements and/or omissions regarding the Company’s financial condition. The lawsuits seek unspecified compensatory damages, restitution, disgorgement by the defendants of all profits, benefits and other compensation, equitable relief to reform the Company’s corporate governance and internal procedures, reasonable costs and expenses, and other relief as the court may deem just and proper. On October 28, 2013, the Court consolidated the two cases into the Weitzman lawsuit. On January 15, 2014, the Court entered an order staying the derivative suits pending certain events in the class action securities litigation described above. While no assurance can be given as to the ultimate outcome of this matter, we believe that the final resolution of this action will not have a material adverse effect on our results of operations, financial position, liquidity or capital resources. ERISA Class Action Litigation JCP and certain present and former members of JCP's Board of Directors have been sued in a purported class action complaint by plaintiffs Roberto Ramirez and Thomas Ihle, individually and on behalf of all others similarly situated, which was filed on July 8, 2014 in the U.S. District Court, Eastern District of Texas, Tyler Division. The suit alleges that the defendants violated Section 502 of the Employee Retirement Income Security Act (ERISA) by breaching fiduciary duties relating to the J. C. Penney Corporation, Inc. Savings, Profit-Sharing and Stock Ownership Plan (the Plan). The class period is alleged to be between November 1, 2011 and September 27, 2013. Plaintiffs allege that they and others who invested in or held Company stock in the Plan during this period were injured because defendants allegedly made false and misleading statements and/or omissions regarding the Company’s financial condition and business prospects that caused the Company’s common stock to trade at artificially inflated prices. The complaint seeks class certification, declaratory relief, a constructive trust, reimbursement of alleged losses to the Plan, actual damages, attorneys’ fees and costs, and other relief. Defendants filed a motion to dismiss the complaint on November 7, 2014, and this motion has been fully briefed. We believe the lawsuit is without merit and we intend to vigorously defend it. While no assurance can be given as to the ultimate outcome of this matter, we believe that the final resolution of this action will not have a material adverse effect on our results of operations, financial position, liquidity or capital resources. Employment Class Action Litigation JCP is a defendant in a class action proceeding entitled Tschudy v. JCPenney Corporation filed on April 15, 2011 in the U.S. District Court, Southern District of California. The lawsuit alleges that JCP violated the California Labor Code in connection with the alleged forfeiture of accrued and vested vacation time under its “My Time Off” policy. The class consists of all JCP employees who worked in California from April 5, 2007 to the present. Plaintiffs amended the complaint to assert additional claims under the Illinois Wage Payment and Collection Act on behalf of all JCP employees who worked in Illinois from January 1, 2004 to the present. After the court granted JCP’s motion to transfer the Illinois claims, those claims are now pending in a separate action in the U.S. District Court, Northern District of Illinois, entitled Garcia v. JCPenney Corporation . The lawsuits seek compensatory damages, penalties, interest, disgorgement, declaratory and injunctive relief, and attorney’s fees and costs. Plaintiffs in both lawsuits filed motions, which the Company opposed, to certify these actions on behalf of all employees in California and Illinois based on the specific claims at issue. On December 17, 2014, the California court granted plaintiffs’ request for class certification. The Illinois court denied without prejudice plaintiffs' motion for class certification pending the filing of an amended complaint. Plaintiffs filed their amended complaint in the Illinois lawsuit on April 14, 2015 and the Company has answered. On July 2, 2015, the Illinois plaintiffs renewed their motion for class certification, which the Company has opposed. We believe these lawsuits are without merit and we intend to continue to vigorously defend these lawsuits. While no assurance can be given as to the ultimate outcome of these matters, we believe that the final resolution of these actions will not have a material adverse effect on our results of operations, financial position, liquidity or capital resources. Pricing Class Action Litigation JCP is a defendant in a class action proceeding entitled Spann v. J. C. Penney Corporation, Inc. filed on February 8, 2012 in the U.S. District Court, Central District of California. The lawsuit alleges that JCP violated California’s Unfair Competition Law and related state statutes in connection with its advertising of sale prices for private label apparel and accessories. The lawsuit seeks restitution, damages, injunctive relief, and attorney’s fees and costs. On May 18, 2015, the court granted plaintiff's request for certification of a class consisting of all people who, between November 5, 2010 and January 31, 2012, made purchases in California of JCP private or exclusive label apparel or accessories advertised at a discount of at least 30% off the stated original or regular price (excluding those who only received such discount by using coupon(s)), and who have not received a refund or credit for their purchases. We believe this lawsuit is without merit and we intend to continue to vigorously defend this lawsuit. While no assurance can be given as to the ultimate outcome of this matter, we believe that the final resolution of this action will not have a material adverse effect on our results of operations, financial position, liquidity or capital resources. Other Legal Proceedings On January 3, 2014, the Company received a demand for production of the Company's books and records pursuant to Section 220 of the Delaware General Corporation Law from the law firm Wolf Haldenstein Adler Freeman & Herz LLP on behalf of Bruce Murphy as Trustee of the Bruce G. Murphy Trust. The alleged purpose of the demand is to investigate potential mismanagement and breaches of fiduciary duties by the Company's senior officers and directors in connection with their oversight of the Company's operations and business prospects, including the Company's liquidity profile and capital requirements. The Company has exchanged correspondence with the law firm concerning the demand. We are subject to various other legal and governmental proceedings involving routine litigation incidental to our business. Accruals have been established based on our best estimates of our potential liability in certain of these matters, including certain matters discussed above, all of which we believe aggregate to an amount that is not material to the unaudited Interim Consolidated Financial Statements. These estimates were developed in consultation with in-house and outside counsel. While no assurance can be given as to the ultimate outcome of these matters, we currently believe that the final resolution of these actions, individually or in the aggregate, will not have a material adverse effect on our results of operations, financial position, liquidity or capital resources. Contingencies As of August 1, 2015 , we estimated our total potential environmental liabilities to range from $19 million to $25 million and recorded our best estimate of $22 million in Other accounts payable and accrued expenses and Other liabilities in the unaudited Interim Consolidated Balance Sheet as of that date. This estimate covered potential liabilities primarily related to underground storage tanks, remediation of environmental conditions involving our former drugstore locations and asbestos removal in connection with approved plans to renovate or dispose of our facilities. We continue to assess required remediation and the adequacy of environmental reserves as new information becomes available and known conditions are further delineated. If we were to incur losses at the upper end of the estimated range, we do not believe that such losses would have a material adverse effect on our results of operations, financial position, liquidity or capital resources. Guarantees In connection with the sale of the operations of our outlet stores, we assigned leases on certain outlet store locations to the purchaser. In the event that the purchaser fails to make the required lease payments, we continue for a period of time to be liable for lease payments to the landlords of several of the leased stores. The purchaser's obligations under the lease are guaranteed to us by certain principals and affiliates of the purchaser. However, the purchaser has elected to exit the outlet business and has successfully negotiated termination of all but two of the leases with the landlords. As of August 1, 2015 , our maximum liability in connection with the assigned leases was $3 million .

Basis of Presentation and Con21

Basis of Presentation and Consolidation (Policy)	6 Months Ended
	Aug. 01, 2015
Basis of Presentation and Consolidation [Abstract]
Consolidation, Policy	J. C. Penney Company, Inc. is a holding company whose principal operating subsidiary is J. C. Penney Corporation, Inc. (JCP). JCP was incorporated in Delaware in 1924 , and J. C. Penney Company, Inc. was incorporated in Delaware in 2002 , when the holding company structure was implemented. The holding company has no independent assets or operations, and no direct subsidiaries other than JCP. The holding company and its consolidated subsidiaries, including JCP, are collectively referred to in this quarterly report as “we,” “us,” “our,” “ourselves” or the “Company,” unless otherwise indicated. J. C. Penney Company, Inc. is a co-obligor (or guarantor, as appropriate) regarding the payment of principal and interest on JCP’s outstanding debt securities. The guarantee of certain of JCP’s outstanding debt securities by J. C. Penney Company, Inc. is full and unconditional. These unaudited Interim Consolidated Financial Statements have been prepared in accordance with accounting principles generally accepted in the United States of America (GAAP) and in accordance with the rules and regulations of the Securities and Exchange Commission (SEC). The accompanying unaudited Interim Consolidated Financial Statements, in our opinion, include all material adjustments necessary for a fair presentation and should be read in conjunction with the audited Consolidated Financial Statements and notes thereto in our Annual Report on Form 10-K for the fiscal year ended January 31, 2015 ( 2014 Form 10-K). We follow substantially the same accounting policies to prepare quarterly financial statements as are followed in preparing annual financial statements. A description of such significant accounting policies is included in the 2014 Form 10-K. The January 31, 2015 financial information was derived from the audited Consolidated Financial Statements, with related footnotes, included in the 2014 Form 10-K. Because of the seasonal nature of the retail business, operating results for interim periods are not necessarily indicative of the results that may be expected for the full year.
Fiscal Period, Policy	Our fiscal year ends on the Saturday closest to January 31. As used herein, “three months ended August 1, 2015 ” and “three months ended August 2, 2014 ” refer to the 13-week periods ended August 1, 2015 and August 2, 2014 , respectively. "Six months ended August 1, 2015 " or "2015 first half," and "six months ended August 2, 2014 ," or "2014 first half," refer to the 26-week periods ended August 1, 2015 and August 2, 2014 , respectively. Fiscal years 2015 and 2014 contain 52 weeks
Reclassification, Policy	Certain reclassifications were made to prior period amounts to conform to the current period presentation. None of the reclassifications affected our net income/(loss) in any period.
Use of Estimates, Policy	The preparation of unaudited Interim Consolidated Financial Statements, in conformity with GAAP, requires us to make assumptions and use estimates that affect the reported amounts of assets and liabilities and the disclosure of contingent liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.

Earnings_(Loss) per Share (Tabl

Earnings/(Loss) per Share (Tables)	6 Months Ended
	Aug. 01, 2015
Earnings Per Share [Abstract]
Earnings/(Loss) per Share	Net income/(loss) and shares used to compute basic and diluted earnings/(loss) per share (EPS) are reconciled below: Three Months Ended Six Months Ended (in millions, except per share data) August 1, August 2, August 1, August 2, Earnings/(loss) Net income/(loss) $ (138 ) $ (172 ) $ (305 ) $ (524 ) Shares Weighted average common shares outstanding (basic shares) 305.9 305.2 305.7 305.1 Adjustment for assumed dilution: Stock options, restricted stock awards and warrant — — — — Weighted average shares assuming dilution (diluted shares) 305.9 305.2 305.7 305.1 EPS Basic $ (0.45 ) $ (0.56 ) $ (1.00 ) $ (1.72 ) Diluted $ (0.45 ) $ (0.56 ) $ (1.00 ) $ (1.72 )
Antidilutive common stock	The following average potential shares of common stock were excluded from the diluted EPS calculation because their effect would have been anti-dilutive: Three Months Ended Six Months Ended (Shares in millions) August 1, August 2, August 1, August 2, Stock options, restricted stock awards and warrant 34.6 26.7 33.2 25.4

Long-Term Debt Long-Term Debt (

Long-Term Debt Long-Term Debt (Tables)	6 Months Ended
	Aug. 01, 2015
Debt Instrument [Line Items]
Schedule of Debt [Table Text Block]	Outstanding Principal Unamortized Debt Issuance Costs Net Carrying Amount ($ in millions) August 1, 2015 August 2, 2014 January 31, 2015 August 1, 2015 August 2, 2014 January 31, 2015 August 1, 2015 August 2, 2014 January 31, 2015 5.65% Senior Notes Due 2020 (1) $ 400 $ 400 $ 400 $ 4 $ 5 $ 5 $ 396 $ 395 $ 395 5.75% Senior Notes Due 2018 (1) 300 300 300 1 2 1 299 298 299 6.375% Senior Notes Due 2036 (1) 400 400 400 6 7 7 394 393 393 6.875% Medium-Term Notes Due 2015 — 200 — — — — — 200 — 6.9% Notes Due 2026 2 2 2 — — — 2 2 2 7.125% Debentures Due 2023 10 10 10 — — — 10 10 10 7.4% Debentures Due 2037 326 326 326 1 1 1 325 325 325 7.625% Notes Due 2097 500 500 500 — — — 500 500 500 7.65% Debentures Due 2016 78 200 78 — — — 78 200 78 7.95% Debentures Due 2017 220 285 220 — — — 220 285 220 8.125% Senior Notes Due 2019 400 — 400 9 — 10 391 — 390 2013 Term Loan Facility 2,205 2,228 2,216 50 67 58 2,155 2,161 2,158 2014 Term Loan 495 500 498 12 14 13 483 486 485 Total debt, excluding capital leases and note payable $ 5,336 $ 5,351 $ 5,350 $ 83 $ 96 $ 95 $ 5,253 $ 5,255 $ 5,255 Less: current maturities 28 28 28 Total long-term debt, excluding capital leases and note payable $ 5,225 $ 5,227 $ 5,227 (1) These debt issuances contain change of control provisions that would obligate us, at the holders’ option, to repurchase the debt at a price equal to 101% of the principal amount of the debt.

Derivative Financial Instrume24

Derivative Financial Instruments (Tables)	6 Months Ended
	Aug. 01, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments, Gain (Loss) [Table Text Block]	Three Months Ended Six Months Ended Line Item in the Unaudited Interim Financial Statements ($ in millions) August 1, 2015 August 2, 2014 August 1, 2015 August 2, 2014 Gain/(loss) recognized in other comprehensive income/(loss) $ (9 ) $ — $ (9 ) $ — Accumulated other comprehensive income Gain/(loss) recognized in net income/(loss) (2 ) — (2 ) — Interest expense
Schedule of Derivative Liabilities at Fair Value [Table Text Block]	Asset Derivatives at Fair Value Liability Derivatives at Fair Value ($ in millions) Balance Sheet Location August 1, 2015 August 2, 2014 January 31, 2015 Balance Sheet Location August 1, 2015 August 2, 2014 January 31, 2015 Derivatives designated as hedging instruments: Interest rate swaps N/A $ — $ — $ — Other accounts payable and accrued expenses $ 2 $ — $ — Interest rate swaps N/A — — — Other liabilities 9 — — Total derivatives designated as hedging instruments $ — $ — $ — $ 11 $ — $ —

Fair Value Disclosures (Tables)

Fair Value Disclosures (Tables)	6 Months Ended
	Aug. 01, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	Cash Flow Hedges at Fair Value ($ in millions) Quoted Prices in Active Markets of Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) August 1, 2015 $ — $ (11 ) $ — August 2, 2014 — — — January 31, 2015 — — —
Financial Instruments Not Carried at Fair Value, Carrying Value and Fair Value	Carrying values and fair values of financial instruments that are not carried at fair value in the unaudited Interim Consolidated Balance Sheets are as follows: August 1, 2015 August 2, 2014 January 31, 2015 ($ in millions) Carrying Amount Fair Value Carrying Amount Fair Value Carrying Amount Fair Value Long-term debt, excluding unamortized debt issuance costs, including current maturities $ 5,336 $ 5,002 $ 5,351 $ 5,072 $ 5,350 $ 4,834

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	6 Months Ended
	Aug. 01, 2015
Stockholders' Equity Note [Abstract]
Schedule of Components in Stockholders' Equity	The following table shows the change in the components of stockholders’ equity for the six months ended August 1, 2015 : (in millions) Number Shares Common Stock Additional Capital Reinvested Deficit) Accumulated Income/(Loss) Total Equity January 31, 2015 304.9 $ 152 $ 4,606 $ (1,779 ) $ (1,065 ) $ 1,914 Net income/(loss) — — — (305 ) — (305 ) Other comprehensive income/(loss) — — — — 29 29 Stock-based compensation 0.6 1 21 — — 22 August 1, 2015 305.5 $ 153 $ 4,627 $ (2,084 ) $ (1,036 ) $ 1,660
Schedule of Tax Effects Allocated to Each Component of Other Comprehensive Income (Loss)	The tax effects allocated to each component of other comprehensive income/(loss) are as follows: Three Months Ended August 1, 2015 August 2, 2014 ($ in millions) Gross Income Net Gross Income Net Retirement benefit plans Reclassification for amortization of net actuarial (gain)/loss $ 29 $ (11 ) $ 18 $ 16 $ (7 ) $ 9 Reclassification for amortization of prior service (credit)/cost — — — 1 — 1 Cash flow hedges Net gain/(loss) on interest rate swaps (9 ) 3 (6 ) — — — Total $ 20 $ (8 ) $ 12 $ 17 $ (7 ) $ 10 Six Months Ended August 1, 2015 August 2, 2014 ($ in millions) Gross Amount Income Benefit Net Amount Gross Amount Income Benefit Net Amount Retirement benefit plans Reclassification for amortization of net actuarial (gain)/loss $ 58 $ (23 ) $ 35 $ 33 $ (13 ) $ 20 Cash flow hedges Net gain/(loss) on interest rate swaps (9 ) 3 (6 ) — — — Total $ 49 $ (20 ) $ 29 $ 33 $ (13 ) $ 20
Schedule of Changes in Accumulated Other Comprehensive Income (Loss)	The following table shows the changes in accumulated other comprehensive income/(loss) balances for the six months ended August 1, 2015 : ($ in millions) Net Actuarial Gain/(Loss) Prior Service Credit/(Cost) Foreign Currency Translation Gain/(Loss) on Cash Flow Hedges Accumulated Other Income/(Loss) January 31, 2015 $ (1,023 ) $ (40 ) $ (2 ) $ — $ (1,065 ) Other comprehensive income/(loss) before reclassifications — — — (7 ) (7 ) Amounts reclassified from accumulated other comprehensive income 35 — — 1 36 August 1, 2015 $ (988 ) $ (40 ) $ (2 ) $ (6 ) $ (1,036 )
Schedule Of Reclassifications Out Of Accumulated Other Comprehensive Income (Loss)	Reclassifications out of accumulated other comprehensive income/(loss) are as follows: Amount Reclassified from Accumulated Other Comprehensive Income/(Loss) Line Item in the Unaudited Interim Consolidated Statements of Operations Three Months Ended Six Months Ended ($ in millions) August 1, August 2, August 1, August 2, Amortization of retirement benefit plans Actuarial loss/(gain) (1) $ 29 $ 16 $ 58 $ 33 Pension Prior service cost/(credit) (1) 2 3 4 4 Pension Prior service cost/(credit) (1) (2 ) (2 ) (4 ) (4 ) SG&A Cash flow hedges Realized loss/(gain) 2 — 2 — Net interest expense Tax (expense)/benefit (12 ) (7 ) (24 ) (13 ) Income tax expense/(benefit) Total, net of tax 19 10 36 20 Total reclassifications $ 19 $ 10 $ 36 $ 20 (1) These accumulated other comprehensive income/(loss) components are included in the computation of net periodic benefit expense/(income). See Note 10 for additional details.

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Aug. 01, 2015
Share-based Compensation [Abstract]
Schedule of Share-based Compensation Awards Granted	Restricted Stock Units (RSU) Stock Options Weighted Average Grant Date Fair Value Grant Date Time-based Performance-based Time-based Weighted Average Exercise Price March 3, 2015 28,554 — — $ — $ 7.88 March 19, 2015 2,135,177 1,534,754 4,294,885 $ 7.77 $ 5.36 May 18, 2015 11,696 — — $ — $ 8.55 May 20, 2015 15,878 31,755 38,624 $ 8.66 $ 6.38 June 4, 2015 49,190 98,380 123,188 $ 8.64 $ 6.28 June 11, 2015 (1) 31,437 — 78,358 $ 8.35 $ 4.78 Total 2,271,932 1,664,889 4,535,055 $ 7.81 $ 5.40 (1) RSUs and options were granted under an equity inducement plan.

Retirement Benefit Plans (Table

Retirement Benefit Plans (Tables)	6 Months Ended
	Aug. 01, 2015
Retirement Benefit Plans [Abstract]
Schedule of Pension Plan Expense/(Income)	The components of net periodic benefit expense/(income) for our non-contributory qualified defined benefit pension plan (Primary Pension Plan), non-contributory supplemental pension plans and contributory postretirement health and welfare plan were as follows: Three Months Ended Six Months Ended ($ in millions) August 1, August 2, August 1, August 2, Primary Pension Plan Service cost $ 18 $ 16 $ 35 $ 31 Interest cost 49 52 98 105 Other cost 3 — 3 — Expected return on plan assets (89 ) (87 ) (178 ) (174 ) Amortization of actuarial loss/(gain) 25 12 51 25 Amortization of prior service cost/(credit) 2 3 4 4 Net periodic benefit expense/(income) $ 8 $ (4 ) $ 13 $ (9 ) Supplemental Pension Plans Service cost $ — $ — $ — $ — Interest cost 1 2 3 4 Amortization of actuarial loss/(gain) 4 4 7 8 Amortization of prior service cost/(credit) — — — — Net periodic benefit expense/(income) $ 5 $ 6 $ 10 $ 12 Primary and Supplemental Pension Plans Total Service cost $ 18 $ 16 $ 35 $ 31 Interest cost 50 54 101 109 Other cost 3 — 3 — Expected return on plan assets (89 ) (87 ) (178 ) (174 ) Amortization of actuarial loss/(gain) 29 16 58 33 Amortization of prior service cost/(credit) 2 3 4 4 Net periodic benefit expense/(income) $ 13 $ 2 $ 23 $ 3 Postretirement Health and Welfare Plan Service cost $ — $ — $ — $ — Interest cost — — — — Amortization of actuarial loss/(gain) — — — — Amortization of prior service cost/(credit) (2 ) (2 ) (4 ) (4 ) Net periodic benefit expense/(income) $ (2 ) $ (2 ) $ (4 ) $ (4 ) Retirement Benefit Plans Total Service cost $ 18 $ 16 $ 35 $ 31 Interest cost 50 54 101 109 Other cost 3 — 3 — Expected return on plan assets (89 ) (87 ) (178 ) (174 ) Amortization of actuarial loss/(gain) 29 16 58 33 Amortization of prior service cost/(credit) — 1 — — Net periodic benefit expense/(income) $ 11 $ — $ 19 $ (1 )

Restructuring and Management 29

Restructuring and Management Transition Charges (Tables)	6 Months Ended
	Aug. 01, 2015
Restructuring Reserve [Abstract]
Composition of Restructuring and Management Transition Charges	The composition of restructuring and management transition charges was as follows: Three Months Ended Six Months Ended Cumulative Amount From Program Inception Through August 1, 2015 ($ in millions) August 1, August 2, August 1, August 2, Home office and stores $ 15 $ — $ 29 $ 12 $ 276 Management transition 1 1 7 8 231 Other 1 4 3 7 152 Total $ 17 $ 5 $ 39 $ 27 $ 659
Restructuring and Management Transition Charges	Activity for the restructuring and management transition liability for the six months ended August 1, 2015 was as follows: ($ in millions) Home Office and Stores Management Transition Other Total January 31, 2015 $ 9 $ — $ 17 $ 26 Charges 29 7 3 39 Cash payments (16 ) (5 ) (5 ) (26 ) Non-cash — (2 ) (2 ) (4 ) August 1, 2015 $ 22 $ — $ 13 $ 35

Basis of Presentation and Con30

Basis of Presentation and Consolidation (Nature of Operations) (Details)	6 Months Ended
	Aug. 01, 2015
Entity Information [Line Items]
State of incorporation	Delaware
J. C. Penney Corporation, Inc. [Member]
Entity Information [Line Items]
Year Incorporated	1,924
J. C. Penney Company, Inc. [Member]
Entity Information [Line Items]
Year Incorporated	2,002

Effect of New Accounting Stan31

Effect of New Accounting Standards (Details) - USD ($) $ in Millions	6 Months Ended		12 Months Ended
	Aug. 01, 2015	Aug. 02, 2014	Jan. 31, 2015
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
New accounting pronouncement or change in accounting principle, effect of adoption, quantification		$ 96	$ 95
Accounting standards update 2015-03 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
New accounting pronouncement or change in accounting principle, name	ASU 2015-03, Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs.
New accounting pronouncement or change in accounting principle, description	ASU 2015-03 requires debt issuance costs related to a recognized debt liability to be presented in the balance sheet as a direct deduction from the carrying value of that debt liability, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected by ASU 2015-03. The amendments in this ASU are effective retrospectively for fiscal years, and interim periods within those years, beginning after December 15, 2015. Early adoption is permitted. The Company early adopted ASU 2015-03 retrospectively in its second quarter ended August 1, 2015. As a result of the retrospective adoption, the Company reclassified unamortized debt issuance costs of $95 million and $96 million as of January 31, 2015 and August 2, 2014, respectively, from Other assets to a reduction in Long-term debt on the unaudited Interim Consolidated Balance Sheets. Adoption of this standard did not impact results of operations, retained earnings, or cash flows in the current or previous interim and annual reporting periods.

Earnings_(Loss) per Share (Deta

Earnings/(Loss) per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Aug. 01, 2015	Aug. 02, 2014	Aug. 01, 2015	Aug. 02, 2014
Earnings Per Share [Abstract]
Net income/(loss)	$ (138)	$ (172)	$ (305)	$ (524)
Weighted average common shares outstanding (basic shares)	305.9	305.2	305.7	305.1
Weighted average shares assuming dilution (diluted shares)	305.9	305.2	305.7	305.1
Basic (in dollars per share)	$ (0.45)	$ (0.56)	$ (1)	$ (1.72)
Diluted (in dollars per share)	$ (0.45)	$ (0.56)	$ (1)	$ (1.72)
Stock options, restricted stock awards and warrant	34.6	26.7	33.2	25.4

Credit Facility (Details)

Credit Facility (Details) - USD ($) $ in Millions	6 Months Ended
	Aug. 01, 2015	Jun. 20, 2014
Line of Credit Facility [Line Items]
2014 Credit Facility, initiation date	Jun. 20, 2014
2014 Credit Facility		$ 2,350
Revolving Facility, maximum borrowing capacity		1,850
2014 Term Loan under the 2014 Credit Facility	$ 495	$ 500
Current Borrowing Capacity Before Standby And Import Letters Of Credit	1,635
Revolving Facility, total standby and import letters of credit outstanding	$ 310
Revolving Facility, commitment fee interest rate on unused capacity	0.375%
Revolving Facility, remaining borrowing capacity	$ 1,325
2014 Credit Facility, description	On June 20, 2014, J. C. Penney Company, Inc., JCP and J. C. Penney Purchasing Corporation (Purchasing) entered into a $2,350 million asset-based senior credit facility (2014 Credit Facility), comprised of a $1,850 million revolving line of credit (Revolving Facility) and a $500 million term loan (2014 Term Loan).
Standby Letter of Credit [Member]
Line of Credit Facility [Line Items]
Revolving Facility, interest rate at period end	2.50%
Foreign Letter of Credit [Member]
Line of Credit Facility [Line Items]
Revolving Facility, interest rate at period end	1.25%

Long-Term Debt (Details)

Long-Term Debt (Details) - USD ($) $ in Millions		Aug. 01, 2015	Jan. 31, 2015	Aug. 02, 2014
Debt Repurchase Provision, Debt Repurchase at a Percentage Price		101.00%
Current maturities of long-term debt		$ 28	$ 28	$ 28
Unamortized Debt Issuance Expense		83	95	96
Long-term Debt		5,253	5,255	5,255
Long-term debt, outstanding principal		5,336	5,350	5,351
Total long-term debt, excluding capital leases and note payable		$ 5,225	5,227	5,227
Senior Notes 5.65% Due 2020 [Member]
Debt Instrument, Interest Rate, Stated Percentage		5.65%
Unamortized Debt Issuance Expense	[1]	$ 4	5	5
Long-term Debt	[1]	396	395	395
Long-term debt, outstanding principal	[1]	$ 400	400	400
Senior Notes 5.75% Due 2018 [Member]
Debt Instrument, Interest Rate, Stated Percentage		5.75%
Unamortized Debt Issuance Expense	[1]	$ 1	1	2
Long-term Debt	[1]	299	299	298
Long-term debt, outstanding principal	[1]	$ 300	300	300
Senior Notes 6.375% Due 2036 [Member]
Debt Instrument, Interest Rate, Stated Percentage		6.375%
Unamortized Debt Issuance Expense	[1]	$ 6	7	7
Long-term Debt	[1]	394	393	393
Long-term debt, outstanding principal	[1]	$ 400	400	400
Senior Notes 8.125% due 2019 [Member]
Debt Instrument, Interest Rate, Stated Percentage		8.125%
Unamortized Debt Issuance Expense		$ 9	10
Long-term Debt		391	390	0
Long-term debt, outstanding principal		$ 400	400	0
Medium-Term Notes 6.875% due 2015 [Member]
Debt Instrument, Interest Rate, Stated Percentage		6.875%
Long-term Debt		$ 0	0	200
Long-term debt, outstanding principal		$ 0	0	200
Notes 6.9% Due 2026 [Member]
Debt Instrument, Interest Rate, Stated Percentage		6.90%
Long-term Debt		$ 2	2	2
Long-term debt, outstanding principal		$ 2	2	2
Debentures 7.125% Due 2023 [Member]
Debt Instrument, Interest Rate, Stated Percentage		7.125%
Long-term Debt		$ 10	10	10
Long-term debt, outstanding principal		$ 10	10	10
Debentures 7.4% Due 2037 [Member]
Debt Instrument, Interest Rate, Stated Percentage		7.40%
Unamortized Debt Issuance Expense		$ 1	1	1
Long-term Debt		325	325	325
Long-term debt, outstanding principal		$ 326	326	326
Notes 7.625% Due 2097 [Member]
Debt Instrument, Interest Rate, Stated Percentage		7.625%
Long-term Debt		$ 500	500	500
Long-term debt, outstanding principal		$ 500	500	500
Debentures 7.65% due 2016 [Member]
Debt Instrument, Interest Rate, Stated Percentage		7.65%
Long-term Debt		$ 78	78	200
Long-term debt, outstanding principal		$ 78	78	200
Debentures 7.95% due 2017 [Member]
Debt Instrument, Interest Rate, Stated Percentage		7.95%
Long-term Debt		$ 220	220	285
Long-term debt, outstanding principal		220	220	285
2013 Term Loan Facility [Member]
Unamortized Debt Issuance Expense		50	58	67
Long-term Debt		2,155	2,158	2,161
Long-term debt, outstanding principal		2,205	2,216	2,228
2014 Term Loan [Member]
Unamortized Debt Issuance Expense		12	13	14
Long-term Debt		483	485
Long-term debt, outstanding principal		$ 495	$ 498	$ 500
[1]	These debt issuances contain change of control provisions that would obligate us, at the holders’ option, to repurchase the debt at a price equal to 101% of the principal amount of the debt.

Derivative Financial Instrume35

Derivative Financial Instruments (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Aug. 01, 2015	Aug. 02, 2014	Aug. 01, 2015	Aug. 02, 2014	May. 07, 2015
Derivative Instruments, Gain (Loss) [Line Items]
Discussion of Objectives for Using Interest Rate Derivative Instruments	Fix a portion of our variable LIBOR-based interest payments
Interest Rate Cash Flow Hedge Liability at Fair Value	$ 11		$ 11
Derivative, Notional Amount					$ 1,250
Derivative, Average Fixed Interest Rate					2.04%
Description of Reclassification of Interest Rate Cash Flow Hedge Gain (Loss)	Amounts in Accumulated other comprehensive income/(loss) are reclassified into net income/(loss) when the related interest payments affect earnings
Description of Location of Interest Rate Cash Flow Hedge Derivative on Balance Sheet	The fair value of our interest rate swaps are recorded on the unaudited Interim Consolidated Balance Sheets as an asset or a liability (see Note 7).
Description of Location of Gain (Loss) on Interest Rate Cash Flow Hedge Derivative in Financial Statements	The effective portion of the interest rate swaps' changes in fair values is reported in Accumulated other comprehensive income/(loss) (see Note 8), and the ineffective portion is reported in Net income/(loss).
Description of Interest Rate Derivative Activities	Effective May 7, 2015, we entered into interest rate swap agreements with notional amounts totaling $1,250 million to fix a portion of our variable LIBOR-based interest payments. The interest rate swap agreements have a weighted-average fixed rate of 2.04%, mature on May 7, 2020 and have been designated as cash flow hedges.
Effectiveness of interest rate swaps	100.00%
Other comprehensive income [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain/(loss) recognized in other comprehensive income/(loss)	$ (9)	$ 0	(9)	$ 0
Interest Expense [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain/(loss) recognized in net income/(loss)	(2)	$ 0	(2)	$ 0
Other Liabilities [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Interest Rate Cash Flow Hedge Liability at Fair Value	9		9
Other Accounts Payable and Accrued Expenses [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Interest Rate Cash Flow Hedge Liability at Fair Value	$ 2		$ 2

Fair Value Disclosures (Other F

Fair Value Disclosures (Other Financial Instruments) (Details) - USD ($) $ in Millions	Aug. 01, 2015	Jan. 31, 2015	Aug. 02, 2014
Fair Value Disclosures [Abstract]
Long-term debt, excluding unamortized debt issuance costs, including current maturities, Fair Value	$ 5,002	$ 4,834	$ 5,072
Long-term debt, excluding unamortized debt issuance costs, including current maturities, carrying amount	5,336	$ 5,350	$ 5,351
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	$ 11

Stockholders' Equity (Details)

Stockholders' Equity (Details) - USD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Aug. 01, 2015	Aug. 02, 2014	Aug. 01, 2015	Aug. 02, 2014
Increase (Decrease) in Stockholders' Equity [Roll Forward]
January 31, 2015, shares			304.9
January 31, 2015			$ 1,914
Net income/(loss)	$ (138)	$ (172)	(305)	$ (524)
Other comprehensive income/(loss)	$ 12	$ 10	29	$ 20
Stock-based compensation			$ 22
August 1, 2015, shares	305.5	304.8	305.5	304.8
August 1, 2015	$ 1,660		$ 1,660
Common Stock [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
January 31, 2015, shares			304.9
January 31, 2015			$ 152
Stock-based compensation, shares			0.6
Stock-based compensation			$ 1
August 1, 2015, shares	305.5		305.5
August 1, 2015	$ 153		$ 153
Additional Paid-in Capital [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
January 31, 2015			4,606
Stock-based compensation			21
August 1, 2015	4,627		4,627
Reinvested Earnings/(Accumulated Deficit) [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
January 31, 2015			(1,779)
Net income/(loss)			(305)
August 1, 2015	(2,084)		(2,084)
Accumulated Other Comprehensive Income/(Loss) [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
January 31, 2015			(1,065)
Other comprehensive income/(loss)			29
August 1, 2015	$ (1,036)		$ (1,036)

Stockholders' Equity (Component

Stockholders' Equity (Components of Other Comprehensive Income/ (Loss) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Aug. 01, 2015	Aug. 02, 2014	Aug. 01, 2015	Aug. 02, 2014
Stockholders' Equity Note [Abstract]
Reclassification for amortization of net actuarial (gain)/loss, gross amount	$ 29	$ 16	$ 58	$ 33
Reclassification for amortization of net actuarial (gain)/loss, tax	(11)	(7)	(23)	(13)
Reclassification for amortization of net actuarial (gain)/loss, net of tax	18	9	35	20
Reclassification for amortization of prior service (credit)/cost, gross amount	0	1
Reclassification for amortization of prior service (credit)/cost, tax	0	0
Reclassification for amortization of prior service credit/(cost), net of tax	0	1	0	0
Net gain/(loss) on interest rate swaps, before Tax	(9)	0	(9)	0
Net gain/(loss) on interest rate swaps, net of tax	(6)	0	(6)	0
Net gain(loss) on interest rate swaps, tax	3	0	3	0
Total, gross amount	20	17	49	33
Total, tax	(8)	(7)	(20)	(13)
Total, net of tax	$ 12	$ 10	$ 29	$ 20

Stockholders' Equity (Accumulat

Stockholders' Equity (Accumulated Other Comprehensive Income/ (Loss) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Aug. 01, 2015	Aug. 02, 2014	Aug. 01, 2015	Aug. 02, 2014
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
January 31, 2015			$ (1,065)
Amounts reclassified from accumulated other comprehensive income, Net Actuarial Gain/(Loss), net of tax	$ (18)	$ (9)	(35)	$ (20)
Amounts reclassified from accumulated other comprehensive income, Prior Service Credit/(Cost), net of tax	0	1	0	0
Net current-period other comprehensive income	12	10	29	20
August 1, 2015	(1,036)	$ (608)	(1,036)	$ (608)
Net Actuarial Gain/(Loss) [Member]
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
January 31, 2015			(1,023)
Amounts reclassified from accumulated other comprehensive income, Net Actuarial Gain/(Loss), net of tax			(35)
August 1, 2015	(988)		(988)
Prior Service Credit/(Cost) [Member]
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
January 31, 2015			(40)
Amounts reclassified from accumulated other comprehensive income, Prior Service Credit/(Cost), net of tax			0
August 1, 2015	(40)		(40)
Accumulated Translation Adjustment [Member]
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
January 31, 2015			(2)
August 1, 2015	(2)		(2)
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member]
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
January 31, 2015			0
Other comprehensive income (loss) before reclassifications, gain (loss) on cash flow hedges, net of tax			(7)
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax			1
August 1, 2015	(6)		(6)
Accumulated Other Comprehensive Income/(Loss) [Member]
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
January 31, 2015			(1,065)
Other comprehensive income (loss) before reclassifications, gain (loss) on cash flow hedges, net of tax			(7)
Amounts reclassified from accumulated other comprehensive income, Accumulated Other Comprehensive Income/(Loss)			36
Net current-period other comprehensive income			29
August 1, 2015	$ (1,036)		$ (1,036)

Stockholders' Equity (Reclassif

Stockholders' Equity (Reclassifications Out of Accumulated Other Comprehensive Income/ (Loss) (Details) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Aug. 01, 2015	Aug. 02, 2014	Aug. 01, 2015	Aug. 02, 2014
Other Comprehensive Income (Loss), Net of Tax [Abstract]
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI, Pension and Other Postretirement Benefit Plans, for Net Gain (Loss), before Tax		$ 29	$ 16	$ 58	$ 33
Total, net of tax		12	10	29	20
Reclassification out of Accumulated Other Comprehensive Income [Member]
Other Comprehensive Income (Loss), Net of Tax [Abstract]
Total reclassifications		19	10	36	20
Reclassification out of Accumulated Other Comprehensive Income [Member] | Total Amortization Of Retirement Benefit Plans, Net Of Tax [Member]
Other Comprehensive Income (Loss), Net of Tax [Abstract]
Total, net of tax		19	10	36	20
Reclassification out of Accumulated Other Comprehensive Income [Member] | SG&A [Member]
Other Comprehensive Income (Loss), Net of Tax [Abstract]
Amortization of retirement benefit plans, Prior service cost/(credit)	[1]	(2)	(2)	(4)	(4)
Reclassification out of Accumulated Other Comprehensive Income [Member] | Interest Expense [Member]
Other Comprehensive Income (Loss), Net of Tax [Abstract]
Interest Rate Cash Flow Hedge Gain (Loss) Reclassified to Earnings, Net		2	0	2	0
Reclassification out of Accumulated Other Comprehensive Income [Member] | Income Tax (Expense)/Benefit [Member]
Other Comprehensive Income (Loss), Net of Tax [Abstract]
Amortization of retirement benefit plans, Tax (expense)/benefit		12	7	24	13
Pension [Member]
Other Comprehensive Income (Loss), Net of Tax [Abstract]
Amortization of retirement benefit plans, Actuarial loss/(gain)		(29)	(16)	(58)	(33)
Amortization of retirement benefit plans, Prior service cost/(credit)		(2)	(3)	(4)	(4)
Pension [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Other Comprehensive Income (Loss), Net of Tax [Abstract]
Amortization of retirement benefit plans, Actuarial loss/(gain)	[1]	29	16	58	33
Amortization of retirement benefit plans, Prior service cost/(credit)	[1]	$ 2	$ 3	$ 4	$ 4
[1]	These accumulated other comprehensive income/(loss) components are included in the computation of net periodic benefit expense/(income). See Note 10 for additional details.

Stock-Based Compensation (Stock

Stock-Based Compensation (Stock Awards) (Details) - USD ($) $ / shares in Units, $ in Millions	Jun. 12, 2015	[1]	Jun. 05, 2015	May. 21, 2015	May. 19, 2015	Mar. 20, 2015	Mar. 04, 2015	Mar. 20, 2014	Aug. 01, 2015	Aug. 02, 2014	Aug. 01, 2015	Aug. 02, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense									$ 15	$ 11	$ 30	$ 21
Granted, weighted average grant date fair value (in dollars per share)	$ 4.78		$ 6.28	$ 6.38	$ 8.55	$ 5.36	$ 7.88				$ 5.40
Director [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, stock awards									154,000
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, weighted-average exercise price (in dollars per share)	$ 8.35		$ 8.64	$ 8.66		$ 7.77					$ 7.81
Stock Options [Member] | Time-based [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, stock options	78,358		123,188	38,624		4,294,885					4,535,055
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock awards, fair value remeasured at period end (in dollars per share)									$ 8.64		$ 8.64
Restricted Stock Units (RSUs) [Member] | Time-based [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, stock awards	31,437		49,190	15,878	11,696	2,135,177	28,554				2,271,932
Restricted Stock Units (RSUs) [Member] | Performance-based [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, stock awards			98,380	31,755		1,534,754					1,664,889
Phantom Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, stock awards								2,500,000
Maximum award settlement (in dollars per share)								$ 15.54
Stock awards, fair value remeasured at period end (in dollars per share)									$ 8.24		$ 8.24
2014 Long-Term Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock awards, number of shares available for grant									11,600,000		11,600,000
[1]	RSUs and options were granted under an equity inducement plan.

Retirement Benefit Plans (Net P

Retirement Benefit Plans (Net Periodic Expense) (Details) $ in Millions	Aug. 03, 2015employee	Aug. 01, 2015USD ($)	Aug. 02, 2014USD ($)	Aug. 01, 2015USD ($)	Aug. 02, 2014USD ($)
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Net periodic benefit expense/(income)		$ 13	$ 2	$ 23	$ 3
Primary Pension Plan
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost		18	16	35	31
Interest cost		49	52	98	105
Expected return on plan assets		(89)	(87)	(178)	(174)
Amortization of actuarial loss/(gain)		25	12	51	25
Amortization of prior service cost/(credit)		2	3	4	4
Other cost		3	0	3	0
Net periodic benefit expense/(income)		8	(4)	13	(9)
Supplemental Pension Plans
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost		0	0	0	0
Interest cost		1	2	3	4
Amortization of actuarial loss/(gain)		4	4	7	8
Amortization of prior service cost/(credit)		0	0	0	0
Net periodic benefit expense/(income)		5	6	10	12
Primary and Supplemental Pension Plans Total
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost		18	16	35	31
Interest cost		50	54	101	109
Expected return on plan assets		(89)	(87)	(178)	(174)
Amortization of actuarial loss/(gain)		29	16	58	33
Amortization of prior service cost/(credit)		2	3	4	4
Other cost		3	0	3	0
Net periodic benefit expense/(income)		13	2	23	3
Postretirement Health and Welfare Plan
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost		0	0	0	0
Interest cost		0	0	0	0
Amortization of actuarial loss/(gain)		0	0	0	0
Amortization of prior service cost/(credit)		(2)	(2)	(4)	(4)
Net periodic benefit expense/(income)		(2)	(2)	(4)	(4)
Retirement Benefit Plans Total [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost		18	16	35	31
Interest cost		50	54	101	109
Expected return on plan assets		(89)	(87)	(178)	(174)
Amortization of actuarial loss/(gain)		29	16	58	33
Amortization of prior service cost/(credit)		0	1	0	0
Other cost		3	0	3	0
Net periodic benefit expense/(income)		$ 11	$ 0	$ 19	$ (1)
Subsequent Event [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Subsequent Event, Description		In August 2015, as a result of a plan amendment, we offered approximately 31,000 retirees and beneficiaries in the Primary Pension Plan who commenced their benefit between January 1, 2000 and August 31, 2012 the option to receive a lump-sum settlement payment. In addition, we also offered approximately 8,000 participants in the Primary Pension Plan who separated from service and had a deferred vested benefit as of August 31, 2012 the option to receive a lump-sum settlement payment.  These participants have until September 18, 2015 to elect to receive the lump-sum settlement payment with the payments to be made by the Company beginning on November 2, 2015 using assets from the Primary Pension Plan.  Accordingly, the settlement expense related to the lump sum payments will be recognized in the fourth quarter of 2015.
Number of participants in the Primary Pension Plan who separated from service and had a deferred vested benefit as of August 31, 2012 who were offered the option to receive a lump-sum settlement payment | employee	8,000
Number of retirees and beneficiaries in the Primary Pension Plan who commenced their benefit between January 1, 2000 and August 31, 2012 who were offered the option to receive a lump-sum settlement payment | employee	31,000
Subsequent Event, Date	Aug. 3, 2015

Retirement Benefit Plans (Defin

Retirement Benefit Plans (Defined Contribution Plans) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Aug. 01, 2015	Aug. 02, 2014	Aug. 01, 2015	Aug. 02, 2014
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined contribution plan, total expense	$ 14	$ 13	$ 27	$ 26

Restructuring and Management 44

Restructuring and Management Transition Cumulative Charges (Details) $ in Millions	3 Months Ended		6 Months Ended
	Aug. 01, 2015USD ($)department_storestores	Aug. 02, 2014USD ($)stores	Aug. 01, 2015USD ($)department_storestores	Aug. 02, 2014USD ($)stores	Jan. 30, 2015stores	Jan. 31, 2014stores
Restructuring Cost and Reserve [Line Items]
Number of department stores approved to close during 2015 | department_store	41		41
Home Office And Stores [Member]
Restructuring Cost and Reserve [Line Items]
Charges	$ 15	$ 0	$ 29	$ 12
Cumulative Amount	276		276
Termination Benefits and Lease Termination Costs [Member]
Restructuring Cost and Reserve [Line Items]
Charges			29	12
Management Transition [Member]
Restructuring Cost and Reserve [Line Items]
Charges	1	1	7	8
Cumulative Amount	231		231
Other Restructuring And Management Transition [Member]
Restructuring Cost and Reserve [Line Items]
Charges	1	4	3	7
Cumulative Amount	152		152
Total [Member]
Restructuring Cost and Reserve [Line Items]
Charges	17	$ 5	39	$ 27
Cumulative Amount	$ 659		$ 659
Home Office And Stores [Member]
Restructuring Cost and Reserve [Line Items]
Number of stores closed | stores	39	32	39	32	41	33

Restructuring and Management 45

Restructuring and Management Transition Charges (Liability Activity) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Aug. 01, 2015	Aug. 02, 2014	Aug. 01, 2015	Aug. 02, 2014
Home Office And Stores [Member]
Restructuring Reserve [Roll Forward]
January 31, 2015			$ 9
Charges	$ 15	$ 0	29	$ 12
Cash payments			(16)
Non-cash			0
August 1, 2015	22		22
Management Transition [Member]
Restructuring Reserve [Roll Forward]
January 31, 2015			0
Charges	1	1	7	8
Cash payments			(5)
Non-cash			(2)
August 1, 2015	0		0
Other Restructuring And Management Transition [Member]
Restructuring Reserve [Roll Forward]
January 31, 2015			17
Charges	1	4	3	7
Cash payments			(5)
Non-cash			(2)
August 1, 2015	13		13
Total [Member]
Restructuring Reserve [Roll Forward]
January 31, 2015			26
Charges	17	$ 5	39	$ 27
Cash payments			(26)
Non-cash			(4)
August 1, 2015	$ 35		$ 35

Real Estate and Other, Net (Det

Real Estate and Other, Net (Details) $ in Millions	3 Months Ended				6 Months Ended
	Aug. 01, 2015USD ($)property	May. 02, 2015USD ($)property	Aug. 02, 2014USD ($)	May. 03, 2014USD ($)aproperty	Aug. 01, 2015USD ($)	Aug. 02, 2014USD ($)
Real Estate and Other, Net [Abstract]
Land contributed to joint venture (in acres) | a				220
Real estate and other income/(expense), net	$ 19		$ (53)		$ (16)	$ (70)
Number of properties used in our former auto center operations sold | property	2			4
Number of former outlet store locations sold | property		2
Proceeds from sale of non-operating assets	$ 7	$ 6	11	$ 15
Gains on sales of non-operating assets	6	2	9	12
Net book value of former department store location sold				1
Net proceeds from sale of a former department store location	0		0	2	$ 5	$ 2
Gain on sale of operating assets		8		$ 1
Home Office Land Joint Venture, proportional share of net income		22	43
Home Office Land Joint Venture, aggregate cash distribution		$ 22	$ 51
Gain and Payment from a landlord to terminate a lease	$ 3

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Aug. 01, 2015	Aug. 02, 2014	Aug. 01, 2015	Aug. 02, 2014
Income Tax Contingency [Line Items]
Income tax expense/(benefit)	$ 3	$ 4	$ 9	$ (4)
Effective tax rate	(2.10%)	(2.30%)	(2.90%)	0.80%
Increase to tax valuation allowance for deferred tax assets	$ 46		$ 90
Valuation allowance	874		$ 874
Valuation allowance, methodologies and assumptions			In assessing the need for the valuation allowance, we considered both positive and negative evidence related to the likelihood of realization of the deferred tax assets. As a result of our assessment, we concluded that, beginning in the second quarter of 2013, our estimate of the realization of deferred tax assets would be based solely on the future reversals of existing taxable temporary differences and tax planning strategies that we would make use of to accelerate taxable income to utilize expiring carryforwards. Accordingly, in the first quarter of 2015, the valuation allowance was increased to offset the net deferred tax assets created in the quarter relating primarily to the increase in net operating loss (NOL) carryforwards.
Income tax expense (benefit), tax allocation	(8)		$ (20)
Net operating loss carryforwards	2,700		2,700
State and foreign [Member]
Income Tax Contingency [Line Items]
State and foreign tax expenses	3		7
Amortization of certain indefinite lived intangible assets [Member]
Income Tax Contingency [Line Items]
State and foreign tax expenses	2		4
Federal [Member]
Income Tax Contingency [Line Items]
Tax credit carryforwards	53		53
Federal tax authority [Member]
Income Tax Contingency [Line Items]
Valuation allowance	659		659
Net deferred tax asset, NOL and tax credit carryforwards	300		300
State Tax Authority [Member]
Income Tax Contingency [Line Items]
Valuation allowance	$ 215		$ 215

Litigation, Other Contingenci48

Litigation, Other Contingencies and Guarantees (Narrative) (Details) - Aug. 01, 2015 - USD ($)	Total
Loss Contingencies [Line Items]
Estimate Potential Environmental Liabilities Minimum	$ 19,000,000
Estimate Potential Environmental Liabilities Maximum	25,000,000
Recorded Best Estimate	$ 22,000,000
Property Lease Guarantee [Member]
Loss Contingencies [Line Items]
Guarantor Obligations, Origin and Purpose	In connection with the sale of the operations of our catalog outlet stores, we assigned leases on certain outlet store locations to the purchaser
Guarantor Obligations, Triggering Event	In the event that the purchaser fails to make the required lease payments, we continue for a period of time to be liable for lease payments to the landlords of several of the leased stores.
Maximum Exposure of Guarantee	$ 3,000,000