Science Applications International (SAIC) 10-Q 13 Jun 16 2017 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	May 06, 2016	May 27, 2016
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	May 6, 2016
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
Trading Symbol	SAIC
Entity Registrant Name	Science Applications International Corporation
Entity Central Index Key	1,571,123
Current Fiscal Year End Date	--02-03
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		44,825,450

CONDENSED AND CONSOLIDATED STAT

CONDENSED AND CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (UNAUDITED) - USD ($) $ in Millions	3 Months Ended
	May 06, 2016	May 01, 2015
Statement Of Income And Comprehensive Income [Abstract]
Revenues	$ 1,215	$ 1,009
Cost of revenues	1,098	923
Selling, general and administrative expenses	44	26
Acquisition and integration costs (Note 3)	7	3
Operating income	66	57
Interest expense	14	4
Income before income taxes	52	53
Provision for income taxes (Note 5)	(19)	(20)
Net income	33	33
Other comprehensive income, net of tax (Note 8)	0	2
Comprehensive income	$ 33	$ 35
Earnings per share (Note 2):
Basic	$ 0.73	$ 0.72
Diluted	0.71	0.69
Cash dividends paid per share	0.31	0.28
Cash dividends declared per share	$ 0.31	$ 0.28

CONDENSED AND CONSOLIDATED BALA

CONDENSED AND CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Millions	May 06, 2016	Jan. 29, 2016
Current assets:
Cash and cash equivalents	$ 154	$ 195
Receivables, net	696	635
Inventory, prepaid expenses and other current assets	124	122
Total current assets	974	952
Goodwill	863	860
Intangible assets (net of accumulated amortization of $30 million and $23 million at May 6, 2016 and January 29, 2016, respectively)	217	224
Property, plant, and equipment (net of accumulated depreciation of $117 million and $112 million at May 6, 2016 and January 29, 2016, respectively)	66	71
Other assets	14	15
Total assets	2,134	2,122
Current liabilities:
Accounts payable and accrued liabilities	472	447
Accrued payroll and employee benefits	201	184
Long-term debt, current portion (Note 6)	57	57
Total current liabilities	730	688
Long-term debt, net of current portion (Note 6)	999	1,013
Deferred income taxes	6	8
Other long-term liabilities	$ 33	$ 33
Commitments and contingencies (Note 9)
Equity:
Common stock, $.0001 par value, 1 billion shares authorized, 45 million shares issued and outstanding as of May 6, 2016 and January 29, 2016	$ 0	$ 0
Additional paid-in capital	182	215
Retained earnings	193	174
Accumulated other comprehensive loss (Note 8)	(9)	(9)
Total equity	366	380
Total liabilities and equity	$ 2,134	$ 2,122

CONDENSED AND CONSOLIDATED BAL4

CONDENSED AND CONSOLIDATED BALANCE SHEETS (UNAUDITED) (Parenthetical) - USD ($) $ in Millions	May 06, 2016	Jan. 29, 2016
Statement Of Financial Position [Abstract]
Intangible assets, accumulated amortization	$ 30	$ 23
Property, plant and equipment, accumulated depreciation	$ 117	$ 112
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	1,000,000,000	1,000,000,000
Common stock, shares issued	45,000,000	45,000,000
Common stock, shares outstanding	45,000,000	45,000,000

CONDENSED AND CONSOLIDATED STA5

CONDENSED AND CONSOLIDATED STATEMENT OF EQUITY (UNAUDITED) - 3 months ended May 06, 2016 - USD ($) shares in Millions, $ in Millions	Total	Shares of Common stock	Additional paid-in capital	Retained earnings	Accumulated other comprehensive loss
Balance, value at Jan. 29, 2016	$ 380		$ 215	$ 174	$ (9)
Balance, shares at Jan. 29, 2016		45
Net income	33			33
Issuances of stock, value	2		2
Issuances of stock, shares		1
Cash dividends of $0.31 per share	(14)			(14)
Stock-based compensation	(5)		(5)
Income tax benefits from stock-based compensation	4		4
Repurchases of stock, value	(34)		(34)
Repurchases of stock, shares		(1)
Balance, value at May. 06, 2016	$ 366		$ 182	$ 193	$ (9)
Balance, shares at May. 06, 2016		45

CONDENSED AND CONSOLIDATED STA6

CONDENSED AND CONSOLIDATED STATEMENT OF EQUITY (UNAUDITED) (Parenthetical) - $ / shares	3 Months Ended
	May 06, 2016	May 01, 2015
Statement Of Stockholders Equity [Abstract]
Cash dividends paid per share	$ 0.31	$ 0.28
Cash dividends declared per share	$ 0.31	$ 0.28

CONDENSED AND CONSOLIDATED STA7

CONDENSED AND CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Millions	3 Months Ended
	May 06, 2016	May 01, 2015
Cash flows from operating activities:
Net income	$ 33	$ 33
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	16	5
Stock-based compensation expense	10	9
Excess tax benefits from stock-based compensation	(4)	(3)
Increase (decrease) resulting from changes in operating assets and liabilities:
Receivables	(61)	(17)
Inventory, prepaid expenses and other current assets	(2)	3
Other assets	0	1
Accounts payable and accrued liabilities	10	11
Income taxes payable	16	14
Accrued payroll and employee benefits	17	(29)
Other long-term liabilities	0	2
Total cash flows provided by operating activities	35	29
Cash flows from investing activities:
Change in restricted cash	1
Expenditures for property, plant, and equipment	(4)	(1)
Total cash flows used in investing activities	(3)	(1)
Cash flows from financing activities:
Dividend payments to stockholders	(14)	(13)
Principal payments on borrowings	(15)	(7)
Issuances of stock	1	1
Stock repurchased and retired or withheld for taxes on equity awards	(47)	(17)
Excess tax benefits from stock-based compensation	4	3
Disbursements for obligations assumed from Scitor acquisition	(2)
Deferred financing costs	0	(1)
Total cash flows used in financing activities	(73)	(34)
Total decrease in cash and cash equivalents	(41)	(6)
Cash and cash equivalents at beginning of period	195	301
Cash and cash equivalents at end of period	$ 154	$ 295

Business Overview and Summary o

Business Overview and Summary of Significant Accounting Policies	3 Months Ended
	May 06, 2016
Accounting Policies [Abstract]
Business Overview and Summary of Significant Accounting Policies	Note 1—Business Overview and Summary of Significant Accounting Policies: Overview Science Applications International Corporation (collectively, with its consolidated subsidiaries, the “Company”) is a leading provider of technical, engineering and enterprise information technology (IT) services primarily to the U.S. government. The Company provides engineering and integration services for large, complex projects and offers a broad range of services with a targeted emphasis on higher-end, differentiated technology services. Each of the Company’s operating segments is focused on providing the Company’s comprehensive technical and enterprise IT service offerings to its respective customer base. The Company’s operating segments have been aggregated into one reporting segment for financial reporting purposes. On May 4, 2015, the Company acquired 100% of privately held Scitor Holdings, Inc. (Scitor), a leading provider of technical services to the U.S. intelligence community and other U.S. government customers. Principles of Consolidation and Basis of Presentation The accompanying financial information has been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission for interim reporting purposes. References to “financial statements” refer to the condensed and consolidated financial statements of the Company, which include the statements of income and comprehensive income, balance sheets, statement of equity and statements of cash flows. These financial statements were prepared in accordance with U.S. generally accepted accounting principles (GAAP). All intercompany transactions and account balances within the Company have been eliminated. The financial statements are unaudited, but in the opinion of management include all adjustments, which consist of normal recurring adjustments, necessary for a fair presentation thereof. The results reported in these financial statements are not necessarily indicative of results that may be expected for the entire year and should be read in conjunction with the information contained in the Company’s Annual Report on Form 10-K for the year ended January 29, 2016. Use of Estimates The preparation of the financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingencies at the date of the financial statements, as well as the reported amounts of revenues and expenses during the reporting periods. Significant estimates inherent in the preparation of the financial statements may include, but are not limited to estimated profitability of long-term contracts, income taxes, fair value measurements, fair value of goodwill and other intangible assets, and contingencies. Estimates have been prepared by management on the basis of the most current and best available information at the time of estimation and actual results could differ from those estimates. Changes in estimates of revenues, cost of revenues or profits related to contracts accounted for using the cost-to-cost and efforts expended methods of percentage-of-completion accounting are recognized in operating income in the period in which such changes are made for the inception-to-date effect of the changes. Changes in these estimates can routinely occur over the contract performance period for a variety of reasons, which include: changes in contract scope; changes in contract cost estimates due to unanticipated cost growth or reassessments of risks impacting costs; changes in estimated incentive or award fees; and performance being better or worse than previously estimated. Aggregate changes in contract estimates increased operating income by $6 million ($0.08 per diluted share) for the three months ended May 6, 2016, and increased operating income by $1 million ($0.01 per diluted share) for the three months ended May 1, 2015. Reporting Periods The Company utilizes a 52/53 week fiscal year ending on the Friday closest to January 31, with fiscal quarters typically consisting of 13 weeks. Fiscal 2016 began on January 31, 2015 and ended on January 29, 2016, while fiscal 2017 began on January 30, 2016 and ends on February 3, 2017. The first quarter of fiscal 2016 consisted of 13 weeks and ended on May 1, 2015, while the first quarter of fiscal 2017 consisted of 14 weeks and ended on May 6, 2016. Operating Cycle The Company’s operating cycle for long-term contracts may be greater than one year and is measured by the average time intervening between the inception and the completion of those contracts. Contract-related assets and liabilities are classified as current assets and current liabilities. Derivative Instruments Designated as Cash Flow Hedges Derivative instruments are recorded on the condensed and consolidated balance sheets at fair value. Unrealized gains and losses on derivatives designated as cash flow hedges are reported in other comprehensive (loss) income and reclassified to earnings in a manner that matches the timing of the earnings impact of the hedged transactions. The ineffective portion of all hedges, if any, is recognized immediately in earnings. The Company’s fixed interest rate swaps are considered over-the-counter derivatives, and fair value is calculated using a standard pricing model for interest rate swaps with contractual terms for maturities, amortization and interest rates. Level 2, or market observable inputs (such as yield and credit curves) are used within the standard pricing models in order to determine fair value. The fair value is an estimate of the amount that the Company would pay or receive as of a measurement date if the agreements were transferred to a third party or canceled. See Note 7 for further discussion on the Company’s derivative instruments designated as cash flow hedges. Accounting Standards Updates In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers (Topic 606) Deferral of the Effective Date In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) Topic 840 Revenue from Contracts with Customers (Topic 606) In March 2016, the FASB issued ASU No. 2016-09, Improvements to Employee Share-Based Payment Accounting Other Accounting Standards Updates effective after May 6, 2016 are not expected to have a material effect on the Company’s financial statements.

Earnings Per Share and Dividend

Earnings Per Share and Dividends	3 Months Ended
	May 06, 2016
Earnings Per Share [Abstract]
Earnings Per Share and Dividends	Note 2—Earnings Per Share and Dividends: Earnings Per Share (EPS) Basic EPS is computed by dividing net income by the basic weighted-average number of shares outstanding. Diluted EPS is computed similarly to basic EPS, except the weighted-average number of shares outstanding is increased to include the dilutive effect of outstanding stock options and other stock-based awards. A reconciliation of the weighted-average number of shares outstanding used to compute basic and diluted EPS was: Three Months Ended May 6, 2016 May 1, 2015 (in millions) Basic weighted-average number of shares outstanding 45.0 45.8 Dilutive common share equivalents - stock options and other stock-based awards 1.5 1.8 Diluted weighted-average number of shares outstanding 46.5 47.6 The following stock-based awards were excluded from the weighted-average number of shares outstanding used to compute diluted EPS: Three Months Ended May 6, 2016 May 1, 2015 (in millions) Antidilutive stock options excluded 0.6 0.3 Dividends The Company declared and paid a quarterly dividend of $0.31 per share of its common stock during the three months ended May 6, 2016. On June 8, 2016, the Company’s Board of Directors declared a quarterly dividend of $0.31 per share of the Company’s common stock payable on July 29, 2016 to stockholders of record on July 15, 2016.

Scitor Acquisition

Scitor Acquisition	3 Months Ended
	May 06, 2016
Business Combinations [Abstract]
Scitor Acquisition	Note 3—Scitor Acquisition: On May 4, 2015 the Company completed the acquisition of Scitor, a leading global provider of technical services to the U.S. intelligence community and other U.S. government customers. The acquisition was funded from cash on hand and increased borrowings. Purchase consideration paid to acquire Scitor was $764 million (net of cash acquired), including $43 million which was deposited to escrow accounts pending final determination of the working capital adjustment and to secure the sellers’ indemnification obligations. Any remaining amount in escrow at the end of the indemnification period will be distributed to the sellers. The working capital adjustment was finalized in August 2015 and $3 million of the amount deposited to escrow was released to the sellers. The purchase price was allocated among assets acquired and liabilities assumed at fair value based on the best available information, with the excess purchase price recorded as goodwill. During the first quarter of fiscal 2017, the Company completed its review of Scitor’s historical government accounting practices and adjusted the preliminary purchase price allocation to recognize $5 million in additional liabilities for potential questioned costs under U.S. government Cost Accounting Standards (CAS) and $2 million of related deferred income tax assets resulting in a $3 million net increase to goodwill. As of May 6, 2016, the Company has completed the purchase accounting valuation for this transaction and has recorded final purchase accounting entries as follows: (in millions) Cash and cash equivalents $ 39 Accounts receivable 86 Prepaid and other current assets 7 Deferred income taxes 12 Equipment and leasehold improvements 21 Intangible assets 255 Goodwill 484 Other noncurrent assets 1 Total assets acquired 905 Accounts payable and accrued liabilities 49 Accrued payroll and employee benefits 35 Other noncurrent liabilities 18 Total liabilities assumed 102 Net assets acquired $ 803 At the date of the acquisition, the tax deductible goodwill was $136 million and the tax deductible identified intangible assets were $163 million. The Company incurred $51 million in total costs associated with the acquisition and integration of Scitor. Acquisition-related expenses, all of which were incurred in prior fiscal years, were $28 million including $17 million of deferred financing fees that will be amortized to interest expense using the interest method. For the three months ended May 6, 2016, the Company incurred $7 million of costs in connection with the integration of Scitor, primarily for lease exit and other integration-related costs. For the three months ended May 1, 2015, acquisition-related expenses were $2 million and costs incurred in connection with the integration of Scitor were $1 million, which were primarily for strategic consulting services. These costs are included in acquisition and integration costs on the condensed and consolidated statements of income and comprehensive income.

Stock-Based Compensation

Stock-Based Compensation	3 Months Ended
	May 06, 2016
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Stock-Based Compensation	Note 4—Stock-Based Compensation: Stock Options During the three months ended May 6, 2016, the Company granted certain employees 0.3 million stock options with an exercise price and grant date fair value of $53.34 and $10.15, respectively. These options will expire on the seventh anniversary of the grant date and will vest ratably on each anniversary of the grant date over a three-year period. Restricted Stock Units (RSUs) During the three months ended May 6, 2016, the Company granted certain employees 0.4 million RSUs with a grant date fair value of $53.34, which will vest ratably on each anniversary of the grant date over a four-year period. Performance Shares During the three months ended May 6, 2016, the Company granted to certain employees 0.1 million performance share awards with a grant date fair value of $53.34 per award. These awards will cliff vest on the third anniversary of the grant date, subject to meeting the minimum service requirements and the achievement of certain annual and cumulative financial metrics of the Company’s performance, with the number of shares ultimately issued, if any, ranging up to 150% of the specified target shares.

Income Taxes

Income Taxes	3 Months Ended
	May 06, 2016
Income Tax Disclosure [Abstract]
Income Taxes	Note 5—Income Taxes: As of May 6, 2016, the Company evaluated its tax positions and determined that it does not have a liability for any uncertainty in income taxes. The tax authorities, however, may determine that the Company owes additional taxes upon review of the Company’s tax filings. Provision for income taxes as a percentage of income before income taxes was 36.6% for the three months ended May 6, 2016, and 38.0% for the three months ended May 1, 2015. Tax rates for the three months ended May 6, 2016 were lower than for the three months ended May 1, 2015 primarily due to increased manufacturer’s tax deduction and research and development credits. Tax rates for the period ended May 6, 2016 were lower than the combined federal and state statutory rates due to permanent tax benefits, including the manufacturer’s tax deduction and research and development credits.

Debt Obligations

Debt Obligations	3 Months Ended
	May 06, 2016
Debt Disclosure [Abstract]
Debt Obligations	Note 6—Debt Obligations: The Company’s long-term debt as of the dates presented was as follows: May 6, 2016 January 29, 2016 Stated interest rate Effective interest rate Principal Unamortized Debt Issuance Costs Net Principal Unamortized Debt Issuance Costs Net (in millions) Term Loan A Facility due September 2018 3.19 % 3.36 % $ 540 $ (2 ) $ 538 $ 551 $ (2 ) $ 549 Term Loan B Facility due May 2022 3.75 % 4.27 % 532 (14 ) 518 536 (15 ) 521 Total long-term debt $ 1,072 $ (16 ) $ 1,056 $ 1,087 $ (17 ) $ 1,070 Less current portion 57 - 57 57 - 57 Total long-term debt, net of current portion $ 1,015 $ (16 ) $ 999 $ 1,030 $ (17 ) $ 1,013 As of May 6, 2016, the Company has a $1.3 billion credit facility (the Credit Facility), which consists of a $200 million secured revolving credit facility (the Revolving Credit Facility), a $540 million secured term facility (Term Loan A Facility), and a $532 million secured term facility (Term Loan B Facility) (together, the Term Loan Facilities). The Revolving Credit Facility capacity is available to the Company through September 2018, but no draws have been made. Borrowings under the Revolving Credit Facility must be repaid in full by September 2018. The Credit Facility contains certain restrictive covenants applicable to the Company and its subsidiaries including a requirement to maintain a Senior Secured Leverage Ratio (as defined in the Second Amended Credit Agreement) of not greater than 4.00 to 1.00 until July 31, 2016, and not greater than 3.75 to 1.00 thereafter, and requires the Company to make an annual prepayment as a portion of its Excess Cash Flow (as defined in the Second Amended Credit Agreement). As of May 6, 2016 the Company was in compliance with the covenants under its Credit Facility. As of May 6, 2016 and January 29, 2016, the carrying value of the Company’s outstanding debt obligations approximated its fair value. The fair value of long-term debt is calculated using Level 2 inputs, based on interest rates available for debt with terms and maturities similar to the Company’s Term Loan Facilities.

Derivative Instruments Designat

Derivative Instruments Designated as Cash Flow Hedges	3 Months Ended
	May 06, 2016
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Derivative Instruments Designated as Cash Flow Hedges	Note 7—Derivative Instruments Designated as Cash Flow Hedges: The Company’s derivative instruments designated as cash flow hedges consist of: Liability Fair Value (1) at Notional Amount at May 6, 2016 Pay Fixed Rate Receive Variable Rate Settlement and Termination May 6, 2016 January 29, 2016 (in millions) (in millions) Term loan A interest rate swaps $ 447 1.41 % 1-month LIBOR Monthly through September 26, 2018 $ 7 $ 7 Term loan B interest rate swaps 350 1.88 % 3-month LIBOR (2) Quarterly through May 7, 2020 9 8 Total $ 797 $ 16 $ 15 (1) The fair value of the fixed interest rate swaps liability is included in accounts payable and accrued liabilities on the condensed and consolidated balance sheets. (2) Subject to a 0.75% floor. The Company is party to fixed interest rate swap instruments that are designated and accounted for as cash flow hedges to manage risks associated with interest rate fluctuations on a portion of the Company’s floating rate debt. The counterparties to all swap agreements are financial institutions. See Note 8 for the effective portion of the unrealized change in fair values on cash flow hedges recognized in other comprehensive loss and the amounts reclassified from accumulated other comprehensive loss into earnings for the current and comparative periods presented. There was no ineffectiveness during any of the periods presented. The Company estimates that it will reclassify $7 million of unrealized losses from accumulated other comprehensive loss into earnings in the twelve months following May 6, 2016.

Changes in Accumulated Other Co

Changes in Accumulated Other Comprehensive Loss by Component	3 Months Ended
	May 06, 2016
Equity [Abstract]
Changes in Accumulated Other Comprehensive Loss by Component	Note 8—Changes in Accumulated Other Comprehensive Loss by Component: The following table presents the changes in accumulated other comprehensive loss attributable to the Company’s fixed interest rate swap cash flow hedges that are discussed in Note 7. Unrealized Losses on Fixed Interest Rate Swap Cash Flow Hedges Pre-Tax Amount (a) Income Tax (b) Net Amount (in millions) Three months ended May 6, 2016 Balance at January 29, 2016 $ 14 $ (5 ) $ 9 Other comprehensive loss before reclassifications 2 (1 ) 1 Amounts reclassified from accumulated other comprehensive loss (2 ) 1 (1 ) Net other comprehensive income - - - Balance at May 6, 2016 $ 14 $ (5 ) $ 9 Three months ended May 1, 2015 Balance at January 30, 2015 $ 8 $ (3 ) $ 5 Other comprehensive income before reclassifications (1 ) - (1 ) Amounts reclassified from accumulated other comprehensive loss (2 ) 1 (1 ) Net other comprehensive income (3 ) 1 (2 ) Balance at May 1, 2015 $ 5 $ (2 ) $ 3 (a) The amount reclassified from accumulated other comprehensive loss was included in interest expense. (b) The amount reclassified from accumulated other comprehensive loss was included in the provision for income taxes.

Legal Proceedings and Other Com

Legal Proceedings and Other Commitments and Contingencies	3 Months Ended
	May 06, 2016
Commitments And Contingencies Disclosure [Abstract]
Legal Proceedings and Other Commitments and Contingencies	Note 9—Legal Proceedings and Other Commitments and Contingencies: Legal Proceedings The Company is involved in various claims and lawsuits arising in the normal conduct of its business, none of which the Company’s management believes, based on current information, is expected to have a material adverse effect on the Company’s financial position, results of operations or cash flows. Agreements with Former Parent The Company commenced its operations on September 27, 2013 (the Distribution Date) following completion of a tax-free spin-off transaction from its former parent company, Leidos Holdings, Inc. (formerly SAIC, Inc., collectively with its consolidated subsidiaries, “former Parent”). In the spin-off transaction, former Parent’s technical, engineering and enterprise IT services business was separated (the separation) into an independent, publicly traded company named Science Applications International Corporation (formerly SAIC Gemini, Inc.). Former Parent and the Company executed various agreements to provide mechanisms for an orderly transition and to govern certain ongoing relationships between the companies following the separation. The agreements include a Distribution Agreement, Employee Matters Agreement, Tax Matters Agreement, Master Transition Services Agreement, and Master Transitional Contracting Agreement (MTCA). These agreements generally provide that each party is responsible for its respective assets, liabilities and obligations, including employee benefits, insurance and tax-related assets and liabilities. The MTCA also governs the relationship between former Parent and the Company with regard to the treatment of contracts, proposals, and teaming arrangements where both companies are or will be jointly performing work after separation. Each of former Parent and the Company indemnify the other party for work performed by it under the MTCA. Contingent losses that were unknown at the time of separation and arise from the operation of the Company’s historical business or the former Parent’s historical corporate losses will be shared between the parties to the extent that losses in any such category exceed $50 million in the aggregate. If they arise and exceed the $50 million threshold, the Company will be responsible for 30% of the former Parent’s incremental contingent losses on corporate claims (and former Parent will be responsible for 70% of the Company’s incremental losses on claims relating to operations that exceed $50 million). Government Investigations, Audits and Reviews The Company is routinely subject to investigations and reviews relating to compliance with various laws and regulations with respect, in particular, to its role as a contractor to federal, state and local government customers and in connection with performing services in countries outside of the United States. U.S. government agencies, including the Defense Contract Audit Agency (DCAA), the Defense Contract Management Agency and others, routinely audit and review a contractor’s performance on government contracts, indirect rates and pricing practices, and compliance with applicable contracting and procurement laws, regulations and standards. They also review the adequacy of the contractor’s compliance with government standards for its business systems. Adverse findings in these investigations, audits, or reviews can lead to criminal, civil or administrative proceedings, and the Company could face disallowance of previously billed costs, penalties, fines, compensatory damages and suspension or debarment from doing business with governmental agencies. Due to the Company’s reliance on government contracts, adverse findings could also have a material impact on the Company’s business, including its financial position, results of operations and cash flows. The indirect cost audits by the DCAA of the Company’s business remain open for fiscal 2011 and subsequent years. Although the company has recorded contract revenues subsequent to and including fiscal 2011 based on an estimate of costs that the Company believes will be approved on final audit, the Company does not know the outcome of any ongoing or future audits. If future completed audit adjustments exceed the Company’s reserves for potential adjustments, the Company’s profitability could be materially adversely affected. The Company has recorded reserves for estimated net amounts to be refunded to customers for potential adjustments for indirect cost audits and compliance with CAS, which include indemnification obligations owing to former Parent for periods prior to the Distribution Date. As of May 6, 2016, the Company has recorded a total liability of $35 million for estimated net amounts to be refunded to customers for potential adjustments from audits of contract costs. Any additional amounts which may be determined to be owed for periods prior to the separation will be allocated to former Parent and the Company in proportions determined in accordance with the Distribution Agreement. Army Brigade Combat Team Modernization Engineering, Manufacturing and Development (BCTM) Program The BCTM program was terminated for convenience by the Department of Defense (DoD) effective in September 2011. From October 2009 through termination, the Company and its prime contractor performed on this program under an undefinitized change order with a provisional billing rate that allowed the Company to receive a lesser amount of the projected fixed fee (contract profit) than the estimated fixed fee due until completion of contract negotiations. The Company has recognized revenues of approximately $480 million (including estimated fixed fee) from October 2009 through August 2013 under the undefinitized change order. During fiscal 2013, an agreement in principle was reached between the prime contractor and the DoD; however, a formal contract modification has not yet been received. The Company had an outstanding receivable of approximately $2 million on this contract as of May 6, 2016. Letters of Credit and Surety Bonds The Company has outstanding obligations relating to letters of credit of $8 million as of May 6, 2016, principally related to guarantees on insurance policies. The Company also has outstanding obligations relating to surety bonds in the amount of $21 million, principally related to performance and payment bonds on the Company’s contracts. The majority of the surety bonds outstanding were initially obtained by former Parent and the Company is required to satisfy these obligations under the terms of the Distribution Agreement.

Business Overview and Summary17

Business Overview and Summary of Significant Accounting Policies (Policies)	3 Months Ended
	May 06, 2016
Accounting Policies [Abstract]
Segment Reporting	Each of the Company’s operating segments is focused on providing the Company’s comprehensive technical and enterprise IT service offerings to its respective customer base. The Company’s operating segments have been aggregated into one reporting segment for financial reporting purposes.
Basis of Presentation	The accompanying financial information has been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission for interim reporting purposes. References to “financial statements” refer to the condensed and consolidated financial statements of the Company, which include the statements of income and comprehensive income, balance sheets, statement of equity and statements of cash flows. These financial statements were prepared in accordance with U.S. generally accepted accounting principles (GAAP). All intercompany transactions and account balances within the Company have been eliminated. The financial statements are unaudited, but in the opinion of management include all adjustments, which consist of normal recurring adjustments, necessary for a fair presentation thereof. The results reported in these financial statements are not necessarily indicative of results that may be expected for the entire year and should be read in conjunction with the information contained in the Company’s Annual Report on Form 10-K for the year ended January 29, 2016.
Use of Estimates	Use of Estimates The preparation of the financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingencies at the date of the financial statements, as well as the reported amounts of revenues and expenses during the reporting periods. Significant estimates inherent in the preparation of the financial statements may include, but are not limited to estimated profitability of long-term contracts, income taxes, fair value measurements, fair value of goodwill and other intangible assets, and contingencies. Estimates have been prepared by management on the basis of the most current and best available information at the time of estimation and actual results could differ from those estimates. Changes in estimates of revenues, cost of revenues or profits related to contracts accounted for using the cost-to-cost and efforts expended methods of percentage-of-completion accounting are recognized in operating income in the period in which such changes are made for the inception-to-date effect of the changes. Changes in these estimates can routinely occur over the contract performance period for a variety of reasons, which include: changes in contract scope; changes in contract cost estimates due to unanticipated cost growth or reassessments of risks impacting costs; changes in estimated incentive or award fees; and performance being better or worse than previously estimated. Aggregate changes in contract estimates increased operating income by $6 million ($0.08 per diluted share) for the three months ended May 6, 2016, and increased operating income by $1 million ($0.01 per diluted share) for the three months ended May 1, 2015.
Reporting Periods	Reporting Periods The Company utilizes a 52/53 week fiscal year ending on the Friday closest to January 31, with fiscal quarters typically consisting of 13 weeks. Fiscal 2016 began on January 31, 2015 and ended on January 29, 2016, while fiscal 2017 began on January 30, 2016 and ends on February 3, 2017. The first quarter of fiscal 2016 consisted of 13 weeks and ended on May 1, 2015, while the first quarter of fiscal 2017 consisted of 14 weeks and ended on May 6, 2016.
Operating Cycle	Operating Cycle The Company’s operating cycle for long-term contracts may be greater than one year and is measured by the average time intervening between the inception and the completion of those contracts. Contract-related assets and liabilities are classified as current assets and current liabilities.
Derivative Instruments Designated as Cash Flow Hedges	Derivative Instruments Designated as Cash Flow Hedges Derivative instruments are recorded on the condensed and consolidated balance sheets at fair value. Unrealized gains and losses on derivatives designated as cash flow hedges are reported in other comprehensive (loss) income and reclassified to earnings in a manner that matches the timing of the earnings impact of the hedged transactions. The ineffective portion of all hedges, if any, is recognized immediately in earnings. The Company’s fixed interest rate swaps are considered over-the-counter derivatives, and fair value is calculated using a standard pricing model for interest rate swaps with contractual terms for maturities, amortization and interest rates. Level 2, or market observable inputs (such as yield and credit curves) are used within the standard pricing models in order to determine fair value. The fair value is an estimate of the amount that the Company would pay or receive as of a measurement date if the agreements were transferred to a third party or canceled. See Note 7 for further discussion on the Company’s derivative instruments designated as cash flow hedges.
Accounting Standards Updates	Accounting Standards Updates In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers (Topic 606) Deferral of the Effective Date In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) Topic 840 Revenue from Contracts with Customers (Topic 606) In March 2016, the FASB issued ASU No. 2016-09, Improvements to Employee Share-Based Payment Accounting Other Accounting Standards Updates effective after May 6, 2016 are not expected to have a material effect on the Company’s financial statements.
Earnings Per Share	Earnings Per Share (EPS) Basic EPS is computed by dividing net income by the basic weighted-average number of shares outstanding. Diluted EPS is computed similarly to basic EPS, except the weighted-average number of shares outstanding is increased to include the dilutive effect of outstanding stock options and other stock-based awards.

Earnings Per Share and Divide18

Earnings Per Share and Dividends (Tables)	3 Months Ended
	May 06, 2016
Earnings Per Share [Abstract]
Reconciliation of Weighted Average Number of Shares Outstanding Used to Compute Basic and Diluted EPS	A reconciliation of the weighted-average number of shares outstanding used to compute basic and diluted EPS was: Three Months Ended May 6, 2016 May 1, 2015 (in millions) Basic weighted-average number of shares outstanding 45.0 45.8 Dilutive common share equivalents - stock options and other stock-based awards 1.5 1.8 Diluted weighted-average number of shares outstanding 46.5 47.6
Stock-Based Awards Excluded from Weighted Average Number of Shares Outstanding Used to Compute Diluted EPS	The following stock-based awards were excluded from the weighted-average number of shares outstanding used to compute diluted EPS: Three Months Ended May 6, 2016 May 1, 2015 (in millions) Antidilutive stock options excluded 0.6 0.3

Scitor Acquisition (Tables)

Scitor Acquisition (Tables)	3 Months Ended
	May 06, 2016
Business Combinations [Abstract]
Schedule of Purchase Price Allocated Among Assets Acquired and Liabilities Assumed	The purchase price was allocated among assets acquired and liabilities assumed at fair value based on the best available information, with the excess purchase price recorded as goodwill. During the first quarter of fiscal 2017, the Company completed its review of Scitor’s historical government accounting practices and adjusted the preliminary purchase price allocation to recognize $5 million in additional liabilities for potential questioned costs under U.S. government Cost Accounting Standards (CAS) and $2 million of related deferred income tax assets resulting in a $3 million net increase to goodwill. As of May 6, 2016, the Company has completed the purchase accounting valuation for this transaction and has recorded final purchase accounting entries as follows: (in millions) Cash and cash equivalents $ 39 Accounts receivable 86 Prepaid and other current assets 7 Deferred income taxes 12 Equipment and leasehold improvements 21 Intangible assets 255 Goodwill 484 Other noncurrent assets 1 Total assets acquired 905 Accounts payable and accrued liabilities 49 Accrued payroll and employee benefits 35 Other noncurrent liabilities 18 Total liabilities assumed 102 Net assets acquired $ 803

Debt Obligations (Tables)

Debt Obligations (Tables)	3 Months Ended
	May 06, 2016
Debt Disclosure [Abstract]
Long Term Debt	The Company’s long-term debt as of the dates presented was as follows: May 6, 2016 January 29, 2016 Stated interest rate Effective interest rate Principal Unamortized Debt Issuance Costs Net Principal Unamortized Debt Issuance Costs Net (in millions) Term Loan A Facility due September 2018 3.19 % 3.36 % $ 540 $ (2 ) $ 538 $ 551 $ (2 ) $ 549 Term Loan B Facility due May 2022 3.75 % 4.27 % 532 (14 ) 518 536 (15 ) 521 Total long-term debt $ 1,072 $ (16 ) $ 1,056 $ 1,087 $ (17 ) $ 1,070 Less current portion 57 - 57 57 - 57 Total long-term debt, net of current portion $ 1,015 $ (16 ) $ 999 $ 1,030 $ (17 ) $ 1,013

Derivative Instruments Design21

Derivative Instruments Designated as Cash Flow Hedges (Tables)	3 Months Ended
	May 06, 2016
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Derivative Instruments Designated as Cash Flow Hedges	The Company’s derivative instruments designated as cash flow hedges consist of: Liability Fair Value (1) at Notional Amount at May 6, 2016 Pay Fixed Rate Receive Variable Rate Settlement and Termination May 6, 2016 January 29, 2016 (in millions) (in millions) Term loan A interest rate swaps $ 447 1.41 % 1-month LIBOR Monthly through September 26, 2018 $ 7 $ 7 Term loan B interest rate swaps 350 1.88 % 3-month LIBOR (2) Quarterly through May 7, 2020 9 8 Total $ 797 $ 16 $ 15 (1) The fair value of the fixed interest rate swaps liability is included in accounts payable and accrued liabilities on the condensed and consolidated balance sheets. (2) Subject to a 0.75% floor.

Changes in Accumulated Other 22

Changes in Accumulated Other Comprehensive Loss by Component (Tables)	3 Months Ended
	May 06, 2016
Equity [Abstract]
Changes in Accumulated Other Comprehensive Loss Attributable to the Company's Fixed Interest Rate Swap Cash Flow Hedges	The following table presents the changes in accumulated other comprehensive loss attributable to the Company’s fixed interest rate swap cash flow hedges that are discussed in Note 7. Unrealized Losses on Fixed Interest Rate Swap Cash Flow Hedges Pre-Tax Amount (a) Income Tax (b) Net Amount (in millions) Three months ended May 6, 2016 Balance at January 29, 2016 $ 14 $ (5 ) $ 9 Other comprehensive loss before reclassifications 2 (1 ) 1 Amounts reclassified from accumulated other comprehensive loss (2 ) 1 (1 ) Net other comprehensive income - - - Balance at May 6, 2016 $ 14 $ (5 ) $ 9 Three months ended May 1, 2015 Balance at January 30, 2015 $ 8 $ (3 ) $ 5 Other comprehensive income before reclassifications (1 ) - (1 ) Amounts reclassified from accumulated other comprehensive loss (2 ) 1 (1 ) Net other comprehensive income (3 ) 1 (2 ) Balance at May 1, 2015 $ 5 $ (2 ) $ 3 (a) The amount reclassified from accumulated other comprehensive loss was included in interest expense. (b) The amount reclassified from accumulated other comprehensive loss was included in the provision for income taxes.

Business Overview and Summary23

Business Overview and Summary of Significant Accounting Policies (Detail 1) $ / shares in Units, $ in Millions	3 Months Ended
	May 06, 2016USD ($)Segment$ / shares	May 01, 2015USD ($)$ / shares	May 04, 2015
Significant Accounting Policies [Line Items]
Number of reportable segments | Segment	1
Increase (decrease) in operating income due to aggregate changes in contract estimates | $	$ 6	$ 1
Increase (decrease) in diluted earnings per share due to aggregate changes in contract estimates | $ / shares	$ 0.08	$ 0.01
Operating cycle (in years)	greater than one year
Scitor Holdings, Inc.
Significant Accounting Policies [Line Items]
Definitive agreement to acquire business, Percentage of acquisition			100.00%

Earnings Per Share and Divide24

Earnings Per Share and Dividends (Detail 1) - shares shares in Millions	3 Months Ended
	May 06, 2016	May 01, 2015
Computation Of Earnings Per Share [Line Items]
Basic weighted-average number of shares outstanding	45	45.8
Dilutive common share equivalents - stock options and other stock-based awards	1.5	1.8
Diluted weighted-average number of shares outstanding	46.5	47.6
Stock Options
Computation Of Earnings Per Share [Line Items]
Total antidilutive stock-based awards	0.6	0.3

Earnings Per Share and Divide25

Earnings Per Share and Dividends (Detail 2) - $ / shares	Jun. 08, 2016	May 06, 2016	May 01, 2015
Computation Of Earnings Per Share [Line Items]
Cash dividends declared per share		$ 0.31	$ 0.28
Cash dividends paid per share		$ 0.31	$ 0.28
Subsequent Event
Computation Of Earnings Per Share [Line Items]
Dividends declared per share	$ 0.31
Dividend declared date	Jun. 8, 2016
Dividend payable date	Jul. 29, 2016
Dividend to stockholders of record date	Jul. 15, 2016

Scitor Acquisition (Detail 1)

Scitor Acquisition (Detail 1) - USD ($) $ in Millions	May 04, 2015	Aug. 31, 2015	May 06, 2016	May 01, 2015	May 06, 2016
Business Acquisition [Line Items]
Acquisition and integration costs			$ 7	$ 3
Deferred financing fees			$ 0	1
Scitor Holdings, Inc.
Business Acquisition [Line Items]
Date of acquisition			May 4, 2015
Purchase consideration paid, net of cash acquired	$ 764
Amount deposited to adjustment and indemnification escrow accounts included in cash consideration paid	43
Amount released from escrow account on settlement of working capital adjustment		$ 3
Recognition of additional liabilities for potential questioned costs			$ 5
Deferred income tax assets			2
Net increase in goodwill			3
Tax deductible goodwill	136
Tax deductible identified intangible assets	$ 163
Acquisition and integration costs					$ 51
Deferred financing fees					17
Acquisition expenses				2	$ 28
Integration costs			$ 7	$ 1

Scitor Acquisition (Detail 2)

Scitor Acquisition (Detail 2) - USD ($) $ in Millions	May 06, 2016	Jan. 29, 2016
Business Acquisition [Line Items]
Goodwill	$ 863	$ 860
Scitor Holdings, Inc.
Business Acquisition [Line Items]
Cash and cash equivalents	39
Accounts receivable	86
Prepaid and other current assets	7
Deferred income taxes	12
Equipment and leasehold improvements	21
Intangible assets	255
Goodwill	484
Other noncurrent assets	1
Total assets acquired	905
Accounts payable and accrued liabilities	49
Accrued payroll and employee benefits	35
Other noncurrent liabilities	18
Total liabilities assumed	102
Net assets acquired	$ 803

Stock-Based Compensation (Detai

Stock-Based Compensation (Detail 1) shares in Millions	3 Months Ended
	May 06, 2016$ / sharesshares
Employee Stock Option
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Options granted | shares	0.3
Stock option exercise price	$ 53.34
Grant date fair value of options awarded	$ 10.15
Contractual term	7 years
Vesting period	3 years
Restricted Stock Units (RSUs)
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting period	4 years
Awards granted | shares	0.4
Grant date fair value	$ 53.34
Performance Shares
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting period	3 years
Grant date fair value	$ 53.34
Share awards granted | shares	0.1
Percentage of target shares	150.00%

Income Taxes (Detail 1)

Income Taxes (Detail 1) - USD ($)	3 Months Ended
	May 06, 2016	May 01, 2015
Income Tax Disclosure [Abstract]
Liability for uncertain tax positions	$ 0
Effective income tax rate	36.60%	38.00%

Debt Obligations (Detail 1)

Debt Obligations (Detail 1) - USD ($) $ in Millions	May 06, 2016	Jan. 29, 2016
Debt Instrument [Line Items]
Principal amount of long-term debt	$ 1,072	$ 1,087
Principal amount of long-term debt, current	57	57
Principal amount of long-term debt, non current	1,015	1,030
Unamortized Debt Issuance Costs, long term debt	(16)	(17)
Unamortized Debt Issuance Costs, current	0
Unamortized Debt Issuance Costs, non current	(16)	(17)
Total long-term debt	1,056	1,070
Long-term debt, current portion (Note 6)	57	57
Long-term debt, net of current portion (Note 6)	$ 999	1,013
Term Loan A Facility due September 2018
Debt Instrument [Line Items]
Stated interest rate	3.19%
Effective interest rate	3.36%
Principal amount of long-term debt	$ 540	551
Unamortized Debt Issuance Costs, long term debt	(2)	(2)
Total long-term debt	$ 538	549
Term Loan B Facility due May 2022
Debt Instrument [Line Items]
Stated interest rate	3.75%
Effective interest rate	4.27%
Principal amount of long-term debt	$ 532	536
Unamortized Debt Issuance Costs, long term debt	(14)	(15)
Total long-term debt	$ 518	$ 521

Debt Obligations (Detail 2)

Debt Obligations (Detail 2)	3 Months Ended
	May 06, 2016USD ($)	Jan. 29, 2016USD ($)
Debt Instrument [Line Items]
Credit facility, maximum borrowing capacity	$ 1,300,000,000
Principal amount of long-term debt	$ 1,072,000,000	$ 1,087,000,000
Second Amended And Restated Credit Agreement
Debt Instrument [Line Items]
Credit Agreement financial covenant, description	The Credit Facility contains certain restrictive covenants applicable to the Company and its subsidiaries including a requirement to maintain a Senior Secured Leverage Ratio (as defined in the Second Amended Credit Agreement) of not greater than 4.00 to 1.00 until July 31, 2016, and not greater than 3.75 to 1.00 thereafter, and requires the Company to make an annual prepayment as a portion of its Excess Cash Flow (as defined in the Second Amended Credit Agreement).
Second Amended And Restated Credit Agreement | Maximum | Until July 31, 2016
Debt Instrument [Line Items]
Credit Agreement financial covenant, leverage ratio	4
Second Amended And Restated Credit Agreement | Maximum | After July 31, 2016
Debt Instrument [Line Items]
Credit Agreement financial covenant, leverage ratio	3.75
Term Loan A Facility due September 2018
Debt Instrument [Line Items]
Principal amount of long-term debt	$ 540,000,000	551,000,000
Term Loan B Facility due May 2022
Debt Instrument [Line Items]
Principal amount of long-term debt	532,000,000	$ 536,000,000
Revolving Credit Facility
Debt Instrument [Line Items]
Credit facility, maximum borrowing capacity	$ 200,000,000
Credit facility maturity date	Sep. 30, 2018

Derivative Instruments Design32

Derivative Instruments Designated as Cash Flow Hedges (Detail 1) - USD ($)		3 Months Ended
		May 06, 2016	Jan. 29, 2016
Derivative [Line Items]
Notional Amount		$ 797,000,000
Liability Fair Value	[1]	16,000,000	$ 15,000,000
Term Loan A Facility | Interest Rate Swaps
Derivative [Line Items]
Notional Amount		$ 447,000,000
Pay Fixed Rate		1.41%
Receive Variable Rate		1-month LIBOR
Settlement and Termination		Monthly through September 26, 2018
Liability Fair Value	[1]	$ 7,000,000	7,000,000
Term Loan B Facility | Interest Rate Swaps
Derivative [Line Items]
Notional Amount		$ 350,000,000
Pay Fixed Rate		1.88%
Receive Variable Rate	[2]	3-month LIBOR
Settlement and Termination		Quarterly through May 7, 2020
Liability Fair Value	[1]	$ 9,000,000	$ 8,000,000
[1]	The fair value of the fixed interest rate swaps liability is included in accounts payable and accrued liabilities on the condensed and consolidated balance sheets.
[2]	Subject to a 0.75% floor.

Derivative Instruments Design33

Derivative Instruments Designated as Cash Flow Hedges (Parenthetical) (Detail 1)	May 06, 2016
Interest Rate Swaps | Term Loan B Facility
Derivative [Line Items]
Derivative instrument floor rate	0.75%

Derivative Instruments Design34

Derivative Instruments Designated as Cash Flow Hedges (Detail 2) - Interest Rate Swaps - USD ($)	3 Months Ended	12 Months Ended
	May 06, 2016	Jan. 29, 2016
Derivative [Line Items]
Unrealized losses estimated to be reclassified from accumulated other comprehensive loss into earnings in the next twelve months	$ 7,000,000
Cash Flow Hedging
Derivative [Line Items]
Ineffective portion of the unrealized change in fair value, net of tax	$ 0	$ 0

Changes in Accumulated Other 35

Changes in Accumulated Other Comprehensive Loss by Component (Detail 1) - USD ($) $ in Millions		3 Months Ended
		May 06, 2016	May 01, 2015
Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]
Unrealized Losses on Fixed Interest Rate Swap Cash Flow Hedges, Beginning Balance, Pre-Tax Amount	[1]	$ 14	$ 8
Unrealized Losses on Fixed Interest Rate Swap Cash Flow Hedges, Other comprehensive loss (income) before reclassifications, Pre-Tax Amount	[1]	2	(1)
Unrealized Losses on Fixed Interest Rate Swap Cash Flow Hedges, Amounts reclassified from accumulated other comprehensive loss, Pre-Tax Amount	[1]	(2)	(2)
Unrealized Losses on Fixed Interest Rate Swap Cash Flow Hedges, Net other comprehensive income, Pre-Tax Amount	[1]	0	(3)
Unrealized Losses on Fixed Interest Rate Swap Cash Flow Hedges, Ending Balance, Pre-Tax Amount	[1]	14	5
Unrealized Losses on Fixed Interest Rate Swap Cash Flow Hedges, Beginning Balance, Income Tax	[2]	(5)	(3)
Unrealized Losses on Fixed Interest Rate Swap Cash Flow Hedges, Other comprehensive loss (income) before reclassifications, Income Tax	[2]	(1)
Unrealized Losses on Fixed Interest Rate Swap Cash Flow Hedges, Amounts reclassified from accumulated other comprehensive loss, Income Tax	[2]	1	1
Unrealized Losses on Fixed Interest Rate Swap Cash Flow Hedges, Net other comprehensive income, Income Tax	[2]	0	1
Unrealized Losses on Fixed Interest Rate Swap Cash Flow Hedges, Ending Balance, Income Tax	[2]	(5)	(2)
Unrealized Losses on Fixed Interest Rate Swap Cash Flow Hedges, Beginning Balance, Net Amount		9	5
Unrealized Losses on Fixed Interest Rate Swap Cash Flow Hedges, Other comprehensive loss (income) before reclassifications, Net Amount		1	(1)
Unrealized Losses on Fixed Interest Rate Swap Cash Flow Hedges, Amounts reclassified from accumulated other comprehensive loss, Net Amount		(1)	(1)
Unrealized Losses on Fixed Interest Rate Swap Cash Flow Hedges, Net other comprehensive income, Net Amount		0	(2)
Unrealized Losses on Fixed Interest Rate Swap Cash Flow Hedges, Ending Balance, Net Amount		$ 9	$ 3
[1]	The amount reclassified from accumulated other comprehensive loss was included in interest expense.
[2]	The amount reclassified from accumulated other comprehensive loss was included in the provision for income taxes.

Legal Proceedings and Other C36

Legal Proceedings and Other Commitments and Contingencies (Detail 1) - USD ($)	3 Months Ended		45 Months Ended
	May 06, 2016	May 01, 2015	Aug. 02, 2013
Commitments And Contingencies [Line Items]
Contingent losses, loss sharing percentage in excess of threshold	30.00%
Loss contingency threshold for loss sharing, Description	Contingent losses that were unknown at the time of separation and arise from the operation of the Company’s historical business or the former Parent’s historical corporate losses will be shared between the parties to the extent that losses in any such category exceed $50 million in the aggregate. If they arise and exceed the $50 million threshold, the Company will be responsible for 30% of the former Parent’s incremental contingent losses on corporate claims (and former Parent will be responsible for 70% of the Company’s incremental losses on claims relating to operations that exceed $50 million).
Revenues	$ 1,215,000,000	$ 1,009,000,000
BCTM Program Termination
Commitments And Contingencies [Line Items]
Revenues			$ 480,000,000
Contracts receivable	2,000,000
Government Investigations and Reviews
Commitments And Contingencies [Line Items]
Estimated net amounts to be refunded for potential adjustments	35,000,000
Letters of Credit
Commitments And Contingencies [Line Items]
Outstanding obligations	8,000,000
Surety Bonds
Commitments And Contingencies [Line Items]
Outstanding obligations	$ 21,000,000
Former Parent
Commitments And Contingencies [Line Items]
Contingent losses, loss sharing percentage in excess of threshold	70.00%
Former Parent | Minimum
Commitments And Contingencies [Line Items]
Contingent losses, threshold for loss sharing with former parent	$ 50,000,000