Target (TGT) 10-Q 28 May 15 2015 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	2-May-15	22-May-15
Document and Entity Information
Entity Registrant Name	TARGET CORP
Entity Central Index Key	27419
Document Type	10-Q
Document Period End Date	2-May-15
Amendment Flag	FALSE
Current Fiscal Year End Date	-29
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		638,491,711
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q1

Consolidated_Statements_of_Ope

Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended
In Millions, except Per Share data, unless otherwise specified	2-May-15	3-May-14
Income Statement [Abstract]
Sales	$17,119	$16,657
Cost of sales	11,911	11,748
Selling, general and administrative expenses	3,514	3,376
Depreciation and amortization	540	511
Earnings from continuing operations before interest expense and income taxes	1,154	1,022
Net interest expense	155	152
Earnings from continuing operations before income taxes	999	870
Provision for income taxes	348	299
Net earnings from continuing operations	651	571
Discontinued operations, net of tax	-16	-153
Net earnings	$635	$418
Basic earnings per share
Continuing operations (in dollars per share)	$1.02	$0.90
Discontinued operations (in dollars per share)	($0.03)	($0.24)
Net earnings per share (in dollars per share)	$0.99	$0.66
Diluted earnings per share
Continuing operations (in dollars per share)	$1.01	$0.89
Discontinued operations (in dollars per share)	($0.03)	($0.24)
Net earnings per share (in dollars per share)	$0.98	$0.66
Weighted average common shares outstanding
Basic (in shares)	640.9	633.3
Dilutive impact of share-based awards (in shares)	5.5	4.9
Diluted (in shares)	646.4	638.2
Antidilutive shares (in shares)	0	5.3

Consolidated_Statements_of_Com

Consolidated Statements of Comprehensive Income (Unaudited) (USD $)	3 Months Ended
In Millions, unless otherwise specified	2-May-15	3-May-14
Statement of Comprehensive Income [Abstract]
Net earnings	$635	$418
Other comprehensive income, net of tax
Pension and other benefit liabilities, net of taxes of $71 and $4	109	7
Currency translation adjustment and cash flow hedges, net of taxes of $0 and $1	0	62
Other comprehensive income	109	69
Comprehensive income	$744	$487

Consolidated_Statements_of_Com1

Consolidated Statements of Comprehensive Income (Unaudited) (Parenthetical) (USD $)	3 Months Ended
In Millions, unless otherwise specified	2-May-15	3-May-14
Statement of Comprehensive Income [Abstract]
Pension and other benefit liabilities, taxes	$71	$4
Currency translation adjustment and cash flow hedges, taxes	$0	$1

Consolidated_Statements_of_Fin

Consolidated Statements of Financial Position (Unaudited) (USD $)	2-May-15	Jan. 31, 2015	3-May-14
In Millions, unless otherwise specified
Assets
Cash and cash equivalents, including short term investments of $2,073, $1,520 and $3	$2,768	$2,210	$677
Inventory	8,610	8,790	7,905
Assets of discontinued operations	148	1,333	718
Other current assets	1,672	1,754	1,723
Total current assets	13,198	14,087	11,023
Property and equipment
Land	6,135	6,127	6,146
Buildings and improvements	26,636	26,614	25,991
Fixtures and equipment	5,011	5,346	4,909
Computer hardware and software	2,395	2,553	2,138
Construction-in-progress	576	424	906
Accumulated depreciation	-14,975	-15,106	-13,756
Property and equipment, net	25,778	25,958	26,334
Noncurrent assets of discontinued operations	458	442	5,605
Other noncurrent assets	1,012	917	1,080
Total assets	40,446	41,404	44,042
Liabilities and shareholders’ investment
Accounts payable	6,799	7,759	6,519
Accrued and other current liabilities	3,673	3,783	3,626
Current portion of long-term debt and other borrowings	112	91	1,466
Liabilities of discontinued operations	64	103	429
Total current liabilities	10,648	11,736	12,040
Long-term debt and other borrowings	12,654	12,705	11,391
Deferred income taxes	1,359	1,321	1,300
Noncurrent liabilities of discontinued operations	207	193	1,321
Other noncurrent liabilities	1,404	1,452	1,504
Total noncurrent liabilities	15,624	15,671	15,516
Shareholders’ investment
Common stock	53	53	53
Additional paid-in capital	5,170	4,899	4,512
Retained earnings	9,441	9,644	12,743
Accumulated other comprehensive loss
Pension and other benefit liabilities	-452	-561	-415
Currency translation adjustment and cash flow hedges	-38	-38	-407
Total shareholders’ investment	14,174	13,997	16,486
Total liabilities and shareholders’ investment	$40,446	$41,404	$44,042

Consolidated_Statements_of_Fin1

Consolidated Statements of Financial Position (Unaudited) (Parenthetical) (USD $)	2-May-15	Jan. 31, 2015	3-May-14
In Millions, except Share data, unless otherwise specified
Statement of Financial Position [Abstract]
Cash and cash equivalents, short-term investments	$2,073	$1,520	$3
Common Stock, shares authorized	6,000,000,000	6,000,000,000	6,000,000,000
Common Stock, par value (in dollars per share)	$0.08	$0.08	$0.08
Common Stock, shares issued	638,408,643	640,213,987	633,613,396
Common Stock, shares outstanding	638,408,643	640,213,987	633,613,396
Preferred Stock, shares authorized	5,000,000	5,000,000	5,000,000
Preferred Stock, par value (in dollars per share)	$0.01	$0.01	$0.01
Preferred Stock, shares issued	0	0	0
Preferred Stock, shares outstanding	0	0	0

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (Unaudited) (USD $)	3 Months Ended			12 Months Ended
In Millions, unless otherwise specified	2-May-15	3-May-14		Jan. 31, 2015
Operating activities
Net earnings	$635	$418		($1,636)
Losses from discontinued operations, net of tax	-16	-153
Net earnings from continuing operations	651	571
Adjustments to reconcile net earnings to cash provided by operations:
Depreciation and amortization	540	511
Share-based compensation expense	26	20
Deferred income taxes	18	-37
Noncash (gains)/losses and other, net	-70	-13
Changes in operating accounts:
Inventory	180	372
Other assets	138	127
Accounts payable and accrued liabilities	-766	-736
Cash provided by operating activities—continuing operations	717	815
Cash provided by/ (required for) operating activities—discontinued operations	834	-295
Cash provided by operations	1,551	520
Investing activities
Expenditures for property and equipment	-352	-471
Proceeds from disposal of property and equipment	6	5
Other investments	21	18
Cash required for investing activities—continuing operations	-325	-448
Cash provided by/ (required for) investing activities—discontinued operations	19	-90
Cash required for investing activities	-306	-538
Financing activities
Change in commercial paper, net	0	306
Reductions of long-term debt	-14	-31
Dividends paid	-333	-272
Repurchase of stock	-477	0
Prepayment of accelerated share repurchase	-120	0
Stock option exercises and related tax benefit	257	26
Cash (required for)/ provided by financing activities	-687	29
Effect of exchange rate changes on cash and cash equivalents	0	9
Net increase in cash and cash equivalents	558	20
Cash and cash equivalents at beginning of period	2,210	695	[1]	695	[1]
Cash and cash equivalents at end of period	$2,768	$715	[2]	$2,210
[1]	Includes cash of our discontinued operations of $25 million for the three months ended May 3, 2014.
[2]	Includes cash of our discontinued operations of $37 million for the three months ended May 3, 2014.

Consolidated_Statements_of_Cas1

Consolidated Statements of Cash Flows (Unaudited) (Parenthetical) (USD $)	3-May-14	Feb. 01, 2014
In Millions, unless otherwise specified
Statement of Cash Flows [Abstract]
Cash and cash equivalents, discontinued operations	$37	$25

Consolidated_Statements_of_Sha

Consolidated Statements of Shareholders' Investment (Unaudited) (USD $)	3 Months Ended		12 Months Ended
In Millions, except Share data, unless otherwise specified	2-May-15	3-May-14	Jan. 31, 2015
Increase (Decrease) in Shareholders' Investment
Balance	$13,997	$16,231	$16,231
Balance (in shares)	640,213,987
Net earnings	635	418	-1,636
Other comprehensive income	109	69	292
Dividends declared	-335		-1,273
Repurchase of stock	-483		-46
Stock to be received upon settlement of ASR	-20
Stock options and awards	271		429
Balance	14,174	16,486	13,997
Balance (in shares)	638,408,643	633,613,396	640,213,987
Common Stock
Increase (Decrease) in Shareholders' Investment
Balance	53	53	53
Balance (in shares)	640,200,000	632,900,000	632,900,000
Repurchase of stock (in shares)	-5,900,000		-800,000
Stock options and awards (in shares)	4,100,000		8,100,000
Balance	53		53
Balance (in shares)	638,400,000		640,200,000
Additional Paid-in Capital
Increase (Decrease) in Shareholders' Investment
Balance	4,899	4,470	4,470
Stock options and awards	271		429
Balance	5,170		4,899
Retained Earnings
Increase (Decrease) in Shareholders' Investment
Balance	9,644	12,599	12,599
Net earnings	635		-1,636
Dividends declared	-335		-1,273
Repurchase of stock	-483		-46
Stock to be received upon settlement of ASR	-20
Balance	9,441		9,644
Accumulated Other Comprehensive Income/(Loss)
Increase (Decrease) in Shareholders' Investment
Balance	-599	-891	-891
Other comprehensive income	109		292
Balance	($490)		($599)

Consolidated_Statements_of_Sha1

Consolidated Statements of Shareholders' Investment (Unaudited) (Parenthetical) (USD $)	3 Months Ended		12 Months Ended
	2-May-15	3-May-14	Jan. 31, 2015
Statement of Stockholders' Equity [Abstract]
Dividends declared per share (in dollars per share)	$0.52	$0.43	$1.99

Accounting_Policies

Accounting Policies	3 Months Ended
	2-May-15
Accounting Policies [Abstract]
Accounting Policies	Accounting Policies
	These financial statements should be read in conjunction with the financial statement disclosures in our 2014 Form 10-K.  We use the same accounting policies in preparing quarterly and annual financial statements.  All adjustments necessary for a fair presentation of quarterly operating results are reflected herein and are of a normal, recurring nature. Certain prior-year amounts have been reclassified to conform to the current year presentation. Unless otherwise noted, amounts presented within the Notes to Consolidated Financial Statements refer to our continuing operations.
	Due to the seasonal nature of our business, quarterly revenues, expenses, earnings and cash flows are not necessarily indicative of the results that may be expected for the full year.

Canada_Exit

Canada Exit	3 Months Ended
	2-May-15
Discontinued Operations and Disposal Groups [Abstract]
Canada Exit	Canada Exit
	Background
	On January 15, 2015, Target Canada Co. and certain other wholly owned subsidiaries of Target (collectively Canada Subsidiaries), comprising substantially all of our Canadian operations and our historical Canadian Segment, filed for protection (the Filing) under the Companies' Creditors Arrangement Act (CCAA) with the Ontario Superior Court of Justice in Toronto (the Court) and were deconsolidated. The Canada Subsidiaries are executing a liquidation process. As of May 2, 2015, all stores have been closed.
	Loss on Discontinued Operations	Three Months Ended
	(millions)
		May 2,			May 3,
		2015			2014
	Sales	$	—		$	393
	Cost of sales	—			319
	SG&A expenses	—			218
	Depreciation and amortization	—			67
	Interest expense	—			19
	Pretax loss from operations	—			(230		)
	Pretax exit costs (a)	(34		)	—
	Income taxes	18			77
	Loss on discontinued operations	$	(16	)	$	(153	)
	(a) The pretax exit costs primarily related to our ongoing support of the liquidation process, other professional fees, and a $4 million payment to the Canadian employee trust.
	Recorded Assets and Liabilities
	Assets and Liabilities of Discontinued Operations
	(millions)
		May 2,			January 31,				May 3,
		2015			2015				2014
	Income tax benefit	$	264		$	1,430		Inventory	$	544
	Receivables from Canada Subsidiaries	342			326			Property and equipment, net	5,025
	Receivables under the debtor-in-possession credit facility	—			19			Other	754
	Total assets	$	606		$	1,775		Total assets	$	6,323
								Capital lease obligations	$	1,233
	Accrued liabilities	$	271		$	296		Accounts payable and other liabilities	517
	Total liabilities	$	271		$	296		Total liabilities	$	1,750
	Accrued liabilities include estimated probable losses related to claims that may be asserted against us, primarily under guarantees of certain leases. The beneficiaries of those guarantees may seek damages or other related relief as a result of our exit from Canada. Our probable loss estimate is based on the expectation that claims will be asserted against us and negotiated settlements will be reached, and not on any determination that it is probable we would be found liable were these claims to be litigated. Our estimates involve significant judgment and are based on currently available information, an assessment of the validity of certain claims and estimated payments by the Canada Subsidiaries. We are not able to reasonably estimate a range of possible losses in excess of the year-end accrual because there are significant factual and legal issues to be resolved. We believe that it is reasonably possible that future changes to our estimates of loss and the ultimate amount paid on these claims could be material to our results of operations in future periods. Any such losses would be reported in discontinued operations.
	DIP Financing
	In conjunction with the Filing, the Court approved Target's agreement to provide a debtor-in-possession credit facility (the DIP facility) to the Canada Subsidiaries, which provides for borrowings under the facility up to $175 million. As of January 31, 2015, there was $19 million drawn and outstanding under the DIP facility, which was fully repaid in the first quarter of 2015. No amounts were drawn on the facility during the first quarter of 2015, and we do not expect any additional amounts to be drawn under the facility before it expires.
	Income Taxes
	During the fourth quarter of 2014, we recognized a tax benefit of $1,627 million in discontinued operations. The majority of this tax benefit has been received in the first quarter of 2015, and we expect to use substantially all of the remainder to reduce our 2015 estimated tax payments.

Restructuring_Initiatives

Restructuring Initiatives	3 Months Ended
	2-May-15
Restructuring and Related Activities [Abstract]
Restructuring Initiatives	Restructuring Initiatives
	In March 2015, we announced a headquarters workforce reduction intended to increase organizational effectiveness and provide cost savings that can be reinvested in our growth initiatives. As a result, we recorded $103 million of severance and other benefits-related charges within SG&A in the first quarter of 2015. The vast majority of these expenses will require cash expenditures by the end of the second quarter of 2015. These costs were not included in our segment results.
	First Quarter Restructuring Costs	2015
	(millions)
	Severance	$	99
	Pension and other	4
	Total	$	103
	Accruals for restructuring costs are included in other current liabilities as of May 2, 2015 as follows:
	Restructuring-Related Liabilities	Severance			Pension and Other			Total
	(millions)
	Restructuring liability as of January 31, 2015	$	—		$	—		$	—
	Charges during period	99			4			103
	Paid or otherwise settled	(28		)	(4		)	(32		)
	Restructuring liability as of May 2, 2015	$	71		$	—		$	71

Fair_Value_Measurements

Fair Value Measurements	3 Months Ended
	2-May-15
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements
	Fair value measurements are reported in one of three levels based on the lowest level of significant input used: Level 1 (unadjusted quoted prices in active markets); Level 2 (observable market inputs, other than quoted prices included in Level 1); and Level 3 (unobservable inputs that cannot be corroborated by observable market data).
	Fair Value Measurements - Recurring Basis		Fair Value at
	(millions)	Pricing Category	May 2,				January 31,				May 3,
			2015				2015				2014
	Assets
	Cash and cash equivalents
	Short-term investments	Level 1	$	2,073			$	1,520			$	3
	Other current assets
	Interest rate swaps(a)	Level 2	—				—				1
	Prepaid forward contracts	Level 1	35				38				80
	Beneficial interest asset	Level 3	35				43				62
	Other noncurrent assets
	Interest rate swaps(a)	Level 2	46				65				56
	Company-owned life insurance investments(b)	Level 2	332				322				313
	Beneficial interest asset	Level 3	25				31				46
	Liabilities
	Other noncurrent liabilities
	Interest rate swaps(a)	Level 2	20				24				35
	(a)  See Note 7 for additional information on interest rate swaps.
	(b)  Company-owned life insurance investments consist of equity index funds and fixed income assets. Amounts are presented net of nonrecourse loans that are secured by some of these policies. These loan amounts totaled $781 million at May 2, 2015, $773 million at January 31, 2015 and $800 million at May 3, 2014.
	Significant Financial Instruments not Measured at Fair Value (a)	May 2, 2015							January 31, 2015					May 3, 2014
	(millions)	Carrying			Fair				Carrying			Fair		Carrying		Fair
		Amount			Value				Amount			Value		Amount		Value
	Debt (b)	$	11,947		$	13,542			$	11,946		$	14,089	$	12,064	$	13,721
	(a) The carrying amounts of certain other current assets, accounts payable, and certain accrued and other current liabilities approximate fair value due to their short-term nature.
	(b) The carrying amount and estimated fair value of debt exclude unamortized swap valuation adjustments and capital lease obligations.

Notes_Payable_and_LongTerm_Deb

Notes Payable and Long-Term Debt	3 Months Ended
	2-May-15
Debt Disclosure [Abstract]
Notes Payable and Long-Term Debt	Notes Payable and Long-Term Debt
	We obtain short-term financing from time to time under our commercial paper program, a form of notes payable.
	Commercial Paper	Three Months Ended
	(dollars in millions)	May 2,			May 3,
		2015			2014
	Maximum daily amount outstanding during the period	$	—		$	590
	Average daily amount outstanding during the period	—			279
	Amount outstanding at period-end	—			386
	Weighted average interest rate	—		%	0.1		%

Data_Breach

Data Breach	3 Months Ended
	2-May-15
Commitments and Contingencies Disclosure [Abstract]
Data Breach	Data Breach
	In the fourth quarter of 2013, we experienced a data breach in which an intruder stole certain payment card and other guest information from our network (the Data Breach). Based on our investigation, we believe that the intruder installed malware on our point-of-sale system in our U.S. stores and stole payment card data from up to approximately 40 million credit and debit card accounts of guests who shopped at our U.S. stores between November 27 and December 17, 2013. In addition, the intruder stole certain guest information, including names, mailing addresses, phone numbers or email addresses, for up to 70 million individuals.
	Data Breach Related Accruals
	Each of the four major payment card networks has made a written claim against us regarding the Data Breach, either directly or through our acquiring banks. During the first quarter of 2015, we entered into a settlement agreement with MasterCard which was conditioned on the acceptance by issuers of at least 90 percent of the eligible MasterCard accounts by May 20, 2015. The issuers of the minimum percentage of eligible MasterCard accounts did not accept their alternative recovery offers by the deadline. We expect to dispute the claims that have been or may be made against us by the payment card networks regarding the Data Breach, including claims by MasterCard, and we think it is probable that our disputes would lead to settlement negotiations. We believe such negotiations would effect a combined settlement of the payment card networks' counterfeit fraud loss allegations and their non-ordinary course operating expense allegations.
	In addition, more than 100 actions were filed in courts in many states on behalf of guests, payment card issuing banks, and shareholders, seeking damages or other related relief allegedly arising out of the Data Breach.  The federal court actions (the “MDL Actions”) have been consolidated in the U.S. District Court for the District of Minnesota (“MDL Court”) pursuant to the rules governing multidistrict litigation and one remaining state court action has been stayed.  In March 2015, Target entered into a Settlement Agreement that, upon approval of the MDL Court, will resolve and dismiss the claims asserted in the MDL Actions on behalf of a class of guests whose information was compromised in the Data Breach. Pursuant to the Settlement Agreement, Target has agreed to pay $10 million to class member guests, certain administrative costs associated with the settlement, and attorneys’ fees and expenses to class counsel as the Court may award. The claims asserted by payment card issuing banks and shareholders in the MDL Actions remain pending.  One action was filed in Canada relating to the Data Breach.  That action was dismissed, but is being appealed. State and federal agencies, including State Attorneys General, the Federal Trade Commission and the SEC, are investigating events related to the Data Breach, including how it occurred, its consequences and our responses.
	Our accrual for estimated probable losses for what we believe to be the vast majority of actual and potential Data Breach related claims is based on the expectation of reaching negotiated settlements, and not on any determination that it is probable we would be found liable for the losses we have accrued were these claims to be litigated. Given the varying stages of claims and related proceedings, and the inherent uncertainty surrounding them, our estimates involve significant judgment and are based on currently available information, historical precedents and an assessment of the validity of certain claims. Our estimates may change as new information becomes available, and although we do not believe it is probable, it is reasonably possible that we may incur a material loss in excess of the amount accrued. We are not able to estimate the amount of such reasonably possible excess loss exposure at this time because many of the matters are in the early stages, alleged damages have not been specified, and there are significant factual and legal issues to be resolved.
	Expenses Incurred and Amounts Accrued
	Data Breach Balance Sheet Rollforward	Liabilities			Insurance Receivable
	(millions)
	Balance at February 1, 2014	$	61		$	44
	Expenses incurred/insurance receivable recorded (a)	26			8
	Payments made/received	(35		)	(13		)
	Balance at May 3, 2014	52			39
	Expenses incurred/insurance receivable recorded (a)	165			38
	Payments made/received	(46		)	(17		)
	Balance at January 31, 2015	171			60
	Expenses incurred/insurance receivable recorded (a)	3			—
	Payments made/received	(7		)	(5		)
	Balance at May 2, 2015	167			55
	(a) Includes expenditures and accruals for Data Breach-related costs and expected insurance recoveries as discussed below.
	We recorded $3 million and $26 million of pretax Data Breach-related expenses during the three months ended May 2, 2015 and May 3, 2014, respectively, partially offset by expected insurance recoveries of $8 million during the three months ended May 3, 2014. These expenses primarily related to legal and other professional services and were included in our Consolidated Statements of Operations as Selling, General and Administrative Expenses (SG&A), but were not part of our segment results.
	Since the Data Breach, we have incurred $256 million of cumulative expenses, partially offset by expected insurance recoveries of $90 million, for net cumulative expenses of $166 million.
	Insurance Coverage
	To limit our exposure to losses relating to Data Breach and other claims, we maintain $100 million of network-security insurance coverage, above a $10 million deductible and with a $50 million sublimit for settlements with the payment card networks. This coverage, and certain other customary business-insurance coverage, has reduced our exposure related to the Data Breach. We will pursue recoveries to the maximum extent available under the policies. Since the Data Breach, we have received $35 million from our network-security insurance carriers of the $90 million accrued.

Derivative_Financial_Instrumen

Derivative Financial Instruments	3 Months Ended
	2-May-15
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	Derivative Financial Instruments
	Our derivative instruments primarily consist of interest rate swaps, which are used to mitigate interest rate risk. As a result of our use of derivative instruments, we have counterparty credit exposure to large global financial institutions. We monitor this concentration of counterparty credit risk on an ongoing basis. See Note 4 for a description of the fair value measurement of our derivative instruments and their classification on the Consolidated Statements of Financial Position.
	As of May 2, 2015, three swaps were designated as fair value hedges. In March 2014, we entered into an interest rate swap with a notional amount of $250 million, under which we pay a variable rate and receive a fixed rate. Including this swap, we had two swaps designated as fair value hedges at May 3, 2014. No ineffectiveness was recognized during the three months ended May 2, 2015 or May 3, 2014.
	Periodic payments, valuation adjustments and amortization of gains or losses on our derivative contracts had the following effect on our Consolidated Statements of Operations:
	Derivative Contracts - Effect on Results of Operations		Three Months Ended
	(millions)
	Type of Contract	Classification of (Income)/Expense	May 2,			May 3,
			2015			2014
	Interest rate swaps	Net interest expense	$	(9	)	$	(5	)
	The amount remaining on unamortized hedged debt valuation gains from terminated or de-designated interest rate swaps that will be amortized into earnings over the remaining lives of the underlying debt totaled $29 million, $34 million and $48 million, at May 2, 2015, January 31, 2015 and May 3, 2014, respectively.

Share_Repurchase

Share Repurchase	3 Months Ended
	2-May-15
Equity [Abstract]
Share Repurchase	Share Repurchase
	We repurchase shares primarily through open market transactions under a $5 billion share repurchase program authorized by our Board of Directors in January 2012.
	During the first quarter of 2015, we entered into an accelerated share repurchase agreement (ASR) to repurchase $200 to $300 million of our common stock under the existing share repurchase program. Under the agreement, we prepaid $300 million and received an initial delivery of 2.2 million shares, which were retired, resulting in a $180 million reduction to shareholders' investment. Because the minimum repurchase will be $200 million, as of May 2, 2015, $20 million is included as an additional reduction to shareholders' investment and $100 million is included in other current assets in the Consolidated Statement of Financial Position. The ASR is not accounted for as a derivative instrument.
	In May 2015, the contract was settled and we received an additional 1.1 million shares, which were retired, and $35 million for the remaining amount not settled in shares. We repurchased a total of 3.3 million shares under the ASR for a total cash investment of $265 million ($80.74 per share).
	Share Repurchases (excluding ASR)	Three Months Ended
	(millions, except per share data)	May 2,		May 3,
		2015 (a)		2014
	Total number of shares purchased	3.7		—
	Average price paid per share	$	80.85	$	—
	Total investment	$	300	$	—
	Note: Accelerated share repurchase activity is omitted because the transaction was not fully settled as of May 2, 2015.
	(a) Includes 0.1 million shares delivered upon the noncash settlement of prepaid contracts which had an original cash investment of $3 million and an aggregate market value at their settlement dates of $7 million. These contracts are among the investment vehicles used to reduce our economic exposure related to our nonqualified deferred compensation plans. Note 9 provides the details of our positions in prepaid forward contracts.

Pension_Postretirement_Health_

Pension, Postretirement Health Care and Other Benefits	3 Months Ended
	2-May-15
Compensation and Retirement Disclosure [Abstract]
Pension, Postretirement Health Care and Other Benefits	Pension, Postretirement Health Care and Other Benefits
	Pension and Postretirement Health Care Benefits
	We provide qualified defined benefit pension plans, unfunded nonqualified pension plans and certain postretirement health care benefits to eligible team members.
	Net Pension and Postretirement	Pension Benefits							Postretirement Health Care Benefits
	Health Care Benefits Expense
		Three Months Ended							Three Months Ended
	(millions)	May 2,				May 3,			May 2,			May 3,
		2015				2014			2015			2014
	Service cost	$	28			$	28		$	1		$	1
	Interest cost	38				38			—			1
	Expected return on assets	(65		)		(58		)	—			—
	Amortization of losses	23				16			1			1
	Amortization of prior service cost	(3		)		(3		)	(4		)	(4		)
	Settlement charges	2				—			—			—
	Total	$	23			$	21		$	(2	)	$	(1	)
	As a result of the restructuring initiatives discussed in Note 3, we remeasured the assets and liabilities of our largest pension plan as of March 9, 2015. The remeasurement resulted in a $208 million reduction to the projected benefit obligation, primarily resulting from a 41 basis point increase in the discount rate used, and a $47 million reduction of plan assets. Subsequent to the remeasurement, the pension plan was overfunded, with plan assets of $3,725 million exceeding the projected benefit obligation of $3,604 million. We expect this remeasurement will reduce 2015 pension expense by $26 million, $3 million of which was recognized during the first quarter.
	Other Benefits
	We offer unfunded nonqualified deferred compensation plans to certain team members. We mitigate some of our risk of these plans through investing in vehicles, including company-owned life insurance and prepaid forward contracts in our own common stock, that offset a substantial portion of our economic exposure to the returns of these plans. These investment vehicles are general corporate assets and are marked to market with the related gains and losses recognized in the Consolidated Statements of Operations in the period they occur.
	The total change in fair value for contracts indexed to our own common stock recognized in earnings was pretax income of $3 million and $7 million for the three months ended May 2, 2015 and May 3, 2014, respectively. During the three months ended May 2, 2015 and May 3, 2014, we made no investments in prepaid forward contracts in our own common stock. Adjusting our position in these investment vehicles may involve repurchasing shares of Target common stock when settling the forward contracts as described in Note 8. The settlement dates of these instruments are regularly renegotiated with the counterparty.
	Prepaid Forward Contracts on Target Common Stock	Number of Shares		Contractual Price Paid per Share			Contractual Fair Value		Total Cash Investment
	(millions, except per share data)
	2-May-15	0.4		$	41.13		$	35	$	18
	31-Jan-15	0.5		$	41.11		$	38	$	21
	3-May-14	1.3		$	48.81		$	80	$	63

Accumulated_Other_Comprehensiv

Accumulated Other Comprehensive Income	3 Months Ended
	2-May-15
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Accumulated Other Comprehensive Income	Accumulated Other Comprehensive Income
	(millions)	Cash Flow				Currency			Pension and				Total
		Hedges				Translation			Other
						Adjustment			Benefits
	February 1, 2014	$	(25	)		$	(444	)	$	(422	)		$	(891	)
	Other comprehensive income before reclassifications	—				61			—				61
	Amounts reclassified from AOCI	1			(a)	—			7			(b)	8
	May 3, 2014	$	(24	)		$	(383	)	$	(415	)		$	(822	)
	January 31, 2015	$	(22	)		$	(16	)	$	(561	)		$	(599	)
	Other comprehensive (loss)/income before reclassifications	—				(1		)	99				98
	Amounts reclassified from AOCI	1			(a)	—			10			(b)	11
	May 2, 2015	$	(21	)		$	(17	)	$	(452	)		$	(490	)
	(a) Represents gains and losses on cash flow hedges, net of $1 million of taxes for both three months ended May 2, 2015 and May 3, 2014, which is recorded in net interest expense on the Consolidated Statements of Operations.
	(b) Represents amortization of pension and other benefit liabilities, net of $7 million and $4 million of taxes for the three months ended May 2, 2015 and May 3, 2014, respectively.

Segment_Reporting

Segment Reporting	3 Months Ended
	2-May-15
Segment Reporting [Abstract]
Segment Reporting	Segment Reporting
	Our segment measure of profit is used by management to evaluate performance and make operating decisions. We operate as a single segment that includes all of our continuing operations, which are designed to enable guests to purchase products seamlessly in stores, online or through mobile devices.
	Business Segment Results	Three Months Ended
	(millions)	May 2,			May 3,
		2015			2014
	Sales	$	17,119		$	16,657
	Cost of sales	11,911			11,748
	Gross margin	5,208			4,909
	Selling, general and administrative expenses (a)(e)	3,407			3,345
	Depreciation and amortization	540			511
	Segment profit	$	1,261		$	1,053
	Restructuring costs (b)(e)	(103		)	—
	Data Breach related costs (c)(e)	(3		)	(18		)
	Card brand conversion costs (d)(e)	—			(13		)
	Earnings from continuing operations before interest expense and income taxes	1,154			1,022
	Net interest expense	155			152
	Earnings from continuing operations before income taxes	$	999		$	870
	Note: Amounts may not foot due to rounding.
	(a) Beginning with the first quarter of 2015, segment EBIT includes the impact of the reduction of the the beneficial interest asset. For comparison purposes, prior year segment EBIT has been revised.
	(b) Refer to Note 3 for more information on restructuring costs.
	(c) Refer to Note 6 for more information on Data Breach related costs.
	(d) Expense related to converting co-branded card program to MasterCard.
	(e) The sum of segment SG&A expenses, restructuring costs, Data Breach related costs and card brand conversion costs equal consolidated SG&A expenses.
	Reconciliation of Segment Assets to Total Assets	May 2,			January 31,			May 3,
	(millions)	2015			2015			2014
	Segment assets	$	39,785		$	39,569		$	37,680
	Assets of discontinued operations	606			1,775			6,323
	Unallocated assets (a)	55			60			39
	Total assets	$	40,446		$	41,404		$	44,042
	(a) Represents the insurance receivable related to the Data Breach.

Canada_Exit_Tables

Canada Exit (Tables)	3 Months Ended
	2-May-15
Discontinued Operations and Disposal Groups [Abstract]
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement	As of May 2, 2015, all stores have been closed.
	Loss on Discontinued Operations	Three Months Ended
	(millions)
		May 2,			May 3,
		2015			2014
	Sales	$	—		$	393
	Cost of sales	—			319
	SG&A expenses	—			218
	Depreciation and amortization	—			67
	Interest expense	—			19
	Pretax loss from operations	—			(230		)
	Pretax exit costs (a)	(34		)	—
	Income taxes	18			77
	Loss on discontinued operations	$	(16	)	$	(153	)
	(a) The pretax exit costs primarily related to our ongoing support of the liquidation process, other professional fees, and a $4 million payment to the Canadian employee trust.
Schedule of Disposal Groups, Including Discontinued Operations, Assets and Liabilities	Recorded Assets and Liabilities
	Assets and Liabilities of Discontinued Operations
	(millions)
		May 2,			January 31,				May 3,
		2015			2015				2014
	Income tax benefit	$	264		$	1,430		Inventory	$	544
	Receivables from Canada Subsidiaries	342			326			Property and equipment, net	5,025
	Receivables under the debtor-in-possession credit facility	—			19			Other	754
	Total assets	$	606		$	1,775		Total assets	$	6,323
								Capital lease obligations	$	1,233
	Accrued liabilities	$	271		$	296		Accounts payable and other liabilities	517
	Total liabilities	$	271		$	296		Total liabilities	$	1,750

Restructuring_Initiatives_Tabl

Restructuring Initiatives (Tables)	3 Months Ended
	2-May-15
Restructuring and Related Activities [Abstract]
Restructuring Costs	These costs were not included in our segment results.
	First Quarter Restructuring Costs	2015
	(millions)
	Severance	$	99
	Pension and other	4
	Total	$	103
Restructuring-Related Liabilities	Accruals for restructuring costs are included in other current liabilities as of May 2, 2015 as follows:
	Restructuring-Related Liabilities	Severance			Pension and Other			Total
	(millions)
	Restructuring liability as of January 31, 2015	$	—		$	—		$	—
	Charges during period	99			4			103
	Paid or otherwise settled	(28		)	(4		)	(32		)
	Restructuring liability as of May 2, 2015	$	71		$	—		$	71

Fair_Value_Measurements_Tables

Fair Value Measurements (Tables)	3 Months Ended
	2-May-15
Fair Value Disclosures [Abstract]
Fair Value Measurements - Recurring Basis	Fair value measurements are reported in one of three levels based on the lowest level of significant input used: Level 1 (unadjusted quoted prices in active markets); Level 2 (observable market inputs, other than quoted prices included in Level 1); and Level 3 (unobservable inputs that cannot be corroborated by observable market data).
	Fair Value Measurements - Recurring Basis		Fair Value at
	(millions)	Pricing Category	May 2,				January 31,				May 3,
			2015				2015				2014
	Assets
	Cash and cash equivalents
	Short-term investments	Level 1	$	2,073			$	1,520			$	3
	Other current assets
	Interest rate swaps(a)	Level 2	—				—				1
	Prepaid forward contracts	Level 1	35				38				80
	Beneficial interest asset	Level 3	35				43				62
	Other noncurrent assets
	Interest rate swaps(a)	Level 2	46				65				56
	Company-owned life insurance investments(b)	Level 2	332				322				313
	Beneficial interest asset	Level 3	25				31				46
	Liabilities
	Other noncurrent liabilities
	Interest rate swaps(a)	Level 2	20				24				35
	(a)  See Note 7 for additional information on interest rate swaps.
	(b)  Company-owned life insurance investments consist of equity index funds and fixed income assets. Amounts are presented net of nonrecourse loans that are secured by some of these policies. These loan amounts totaled $781 million at May 2, 2015, $773 million at January 31, 2015 and $800 million at May 3, 2014.
Fair Value Measurements, Significant Financial Instruments not Measured at Fair Value
	Significant Financial Instruments not Measured at Fair Value (a)	May 2, 2015							January 31, 2015					May 3, 2014
	(millions)	Carrying			Fair				Carrying			Fair		Carrying		Fair
		Amount			Value				Amount			Value		Amount		Value
	Debt (b)	$	11,947		$	13,542			$	11,946		$	14,089	$	12,064	$	13,721
	(a) The carrying amounts of certain other current assets, accounts payable, and certain accrued and other current liabilities approximate fair value due to their short-term nature.
	(b) The carrying amount and estimated fair value of debt exclude unamortized swap valuation adjustments and capital lease obligations.

Notes_Payable_and_LongTerm_Deb1

Notes Payable and Long-Term Debt (Tables)	3 Months Ended
	2-May-15
Debt Disclosure [Abstract]
Commercial Paper	We obtain short-term financing from time to time under our commercial paper program, a form of notes payable.
	Commercial Paper	Three Months Ended
	(dollars in millions)	May 2,			May 3,
		2015			2014
	Maximum daily amount outstanding during the period	$	—		$	590
	Average daily amount outstanding during the period	—			279
	Amount outstanding at period-end	—			386
	Weighted average interest rate	—		%	0.1		%

Data_Breach_Tables

Data Breach (Tables)	3 Months Ended
	2-May-15
Commitments and Contingencies Disclosure [Abstract]
Data Breach Balance Sheet Rollforward	Expenses Incurred and Amounts Accrued
	Data Breach Balance Sheet Rollforward	Liabilities			Insurance Receivable
	(millions)
	Balance at February 1, 2014	$	61		$	44
	Expenses incurred/insurance receivable recorded (a)	26			8
	Payments made/received	(35		)	(13		)
	Balance at May 3, 2014	52			39
	Expenses incurred/insurance receivable recorded (a)	165			38
	Payments made/received	(46		)	(17		)
	Balance at January 31, 2015	171			60
	Expenses incurred/insurance receivable recorded (a)	3			—
	Payments made/received	(7		)	(5		)
	Balance at May 2, 2015	167			55
	(a) Includes expenditures and accruals for Data Breach-related costs and expected insurance recoveries as discussed below.

Derivative_Financial_Instrumen1

Derivative Financial Instruments (Tables)	3 Months Ended
	2-May-15
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Contracts - Effect on Results of Operations	Periodic payments, valuation adjustments and amortization of gains or losses on our derivative contracts had the following effect on our Consolidated Statements of Operations:
	Derivative Contracts - Effect on Results of Operations		Three Months Ended
	(millions)
	Type of Contract	Classification of (Income)/Expense	May 2,			May 3,
			2015			2014
	Interest rate swaps	Net interest expense	$	(9	)	$	(5	)

Share_Repurchase_Tables

Share Repurchase (Tables)	3 Months Ended
	2-May-15
Equity [Abstract]
Share Repurchase	We repurchased a total of 3.3 million shares under the ASR for a total cash investment of $265 million ($80.74 per share).
	Share Repurchases (excluding ASR)	Three Months Ended
	(millions, except per share data)	May 2,		May 3,
		2015 (a)		2014
	Total number of shares purchased	3.7		—
	Average price paid per share	$	80.85	$	—
	Total investment	$	300	$	—
	Note: Accelerated share repurchase activity is omitted because the transaction was not fully settled as of May 2, 2015.
	(a) Includes 0.1 million shares delivered upon the noncash settlement of prepaid contracts which had an original cash investment of $3 million and an aggregate market value at their settlement dates of $7 million. These contracts are among the investment vehicles used to reduce our economic exposure related to our nonqualified deferred compensation plans. Note 9 provides the details of our positions in prepaid forward contracts.

Pension_Postretirement_Health_1

Pension, Postretirement Health Care and Other Benefits (Tables)	3 Months Ended
	2-May-15
Compensation and Retirement Disclosure [Abstract]
Net Pension and Postretirement Health Care Benefits Expense	Pension and Postretirement Health Care Benefits
	We provide qualified defined benefit pension plans, unfunded nonqualified pension plans and certain postretirement health care benefits to eligible team members.
	Net Pension and Postretirement	Pension Benefits							Postretirement Health Care Benefits
	Health Care Benefits Expense
		Three Months Ended							Three Months Ended
	(millions)	May 2,				May 3,			May 2,			May 3,
		2015				2014			2015			2014
	Service cost	$	28			$	28		$	1		$	1
	Interest cost	38				38			—			1
	Expected return on assets	(65		)		(58		)	—			—
	Amortization of losses	23				16			1			1
	Amortization of prior service cost	(3		)		(3		)	(4		)	(4		)
	Settlement charges	2				—			—			—
	Total	$	23			$	21		$	(2	)	$	(1	)
Prepaid Forward Contracts on Target Common Stock	The settlement dates of these instruments are regularly renegotiated with the counterparty.
	Prepaid Forward Contracts on Target Common Stock	Number of Shares		Contractual Price Paid per Share			Contractual Fair Value		Total Cash Investment
	(millions, except per share data)
	2-May-15	0.4		$	41.13		$	35	$	18
	31-Jan-15	0.5		$	41.11		$	38	$	21
	3-May-14	1.3		$	48.81		$	80	$	63

Accumulated_Other_Comprehensiv1

Accumulated Other Comprehensive Income (Tables)	3 Months Ended
	2-May-15
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Summary of the changes in accumulated other comprehensive income (AOCI) by component
	(millions)	Cash Flow				Currency			Pension and				Total
		Hedges				Translation			Other
						Adjustment			Benefits
	February 1, 2014	$	(25	)		$	(444	)	$	(422	)		$	(891	)
	Other comprehensive income before reclassifications	—				61			—				61
	Amounts reclassified from AOCI	1			(a)	—			7			(b)	8
	May 3, 2014	$	(24	)		$	(383	)	$	(415	)		$	(822	)
	January 31, 2015	$	(22	)		$	(16	)	$	(561	)		$	(599	)
	Other comprehensive (loss)/income before reclassifications	—				(1		)	99				98
	Amounts reclassified from AOCI	1			(a)	—			10			(b)	11
	May 2, 2015	$	(21	)		$	(17	)	$	(452	)		$	(490	)
	(a) Represents gains and losses on cash flow hedges, net of $1 million of taxes for both three months ended May 2, 2015 and May 3, 2014, which is recorded in net interest expense on the Consolidated Statements of Operations.
	(b) Represents amortization of pension and other benefit liabilities, net of $7 million and $4 million of taxes for the three months ended May 2, 2015 and May 3, 2014, respectively.

Segment_Reporting_Tables

Segment Reporting (Tables)	3 Months Ended
	2-May-15
Segment Reporting [Abstract]
Business Segment Results and Total Assets by Segment	We operate as a single segment that includes all of our continuing operations, which are designed to enable guests to purchase products seamlessly in stores, online or through mobile devices.
	Business Segment Results	Three Months Ended
	(millions)	May 2,			May 3,
		2015			2014
	Sales	$	17,119		$	16,657
	Cost of sales	11,911			11,748
	Gross margin	5,208			4,909
	Selling, general and administrative expenses (a)(e)	3,407			3,345
	Depreciation and amortization	540			511
	Segment profit	$	1,261		$	1,053
	Restructuring costs (b)(e)	(103		)	—
	Data Breach related costs (c)(e)	(3		)	(18		)
	Card brand conversion costs (d)(e)	—			(13		)
	Earnings from continuing operations before interest expense and income taxes	1,154			1,022
	Net interest expense	155			152
	Earnings from continuing operations before income taxes	$	999		$	870
	Note: Amounts may not foot due to rounding.
	(a) Beginning with the first quarter of 2015, segment EBIT includes the impact of the reduction of the the beneficial interest asset. For comparison purposes, prior year segment EBIT has been revised.
	(b) Refer to Note 3 for more information on restructuring costs.
	(c) Refer to Note 6 for more information on Data Breach related costs.
	(d) Expense related to converting co-branded card program to MasterCard.
	(e) The sum of segment SG&A expenses, restructuring costs, Data Breach related costs and card brand conversion costs equal consolidated SG&A expenses.
	Reconciliation of Segment Assets to Total Assets	May 2,			January 31,			May 3,
	(millions)	2015			2015			2014
	Segment assets	$	39,785		$	39,569		$	37,680
	Assets of discontinued operations	606			1,775			6,323
	Unallocated assets (a)	55			60			39
	Total assets	$	40,446		$	41,404		$	44,042
	(a) Represents the insurance receivable related to the Data Breach.

Canada_Exit_Details

Canada Exit (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	2-May-15		3-May-14		Jan. 31, 2015
Loss on Discontinued Operations
Loss on discontinued operations	($16)		($153)
Canada Exit
Loss on Discontinued Operations
Sales	0		393
Cost of sales	0		319
SG&A expenses	0		218
Depreciation and amortization	0		67
Interest expense	0		19
Pretax loss from operations	0		-230
Pretax exit costs	-34	[1]	0	[1]
Income taxes	18		77
Loss on discontinued operations	-16		-153
Pretax exit costs related to payment to Canada employee trust	4
Assets and Liabilities of Discontinued Operations
Inventory			544
Income tax benefit	264				1,430
Property and equipment, net			5,025
Receivables from Canada Subsidiaries	342				326
Other			754
Receivables under the debtor-in-possession credit facility	0				19
Total assets	606		6,323		1,775
Capital lease obligations			1,233
Accrued liabilities	271				296
Accounts payable and other liabilities			517
Total liabilities	$271		$1,750		$296
[1]	The pretax exit costs primarily related to our ongoing support of the liquidation process, other professional fees, and a $4 million payment to the Canadian employee trust.

Canada_Exit_Details_2

Canada Exit (Details 2) (Canada Exit, USD $)	3 Months Ended
	Jan. 31, 2015	2-May-15
Canada Exit
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
DIP facility, provision for borrowings		$175,000,000
Debtor-in-Possession Financing, Borrowings Outstanding	-19,000,000	0
Tax benefit in discontinued operations	$1,627,000,000

Restructuring_Initiatives_Cost

Restructuring Initiatives (Costs) (Details) (2015 Restructuring, USD $)	3 Months Ended
In Millions, unless otherwise specified	2-May-15
Restructuring Cost and Reserve [Line Items]
Charges during period	$103
Severance
Restructuring Cost and Reserve [Line Items]
Charges during period	99
Pension and other
Restructuring Cost and Reserve [Line Items]
Charges during period	4
SG&A
Restructuring Cost and Reserve [Line Items]
Charges during period	103
SG&A | Severance
Restructuring Cost and Reserve [Line Items]
Charges during period	99
SG&A | Pension and other
Restructuring Cost and Reserve [Line Items]
Charges during period	$4

Restructuring_Initiatives_Liab

Restructuring Initiatives (Liabilities) (Details) (2015 Restructuring, USD $)	3 Months Ended
In Millions, unless otherwise specified	2-May-15
Restructuring Reserve [Roll Forward]
Restructuring liability as of	$0
Charges during period	103
Paid or otherwise settled	-32
Restructuring liability as of	71
Severance
Restructuring Reserve [Roll Forward]
Restructuring liability as of	0
Charges during period	99
Paid or otherwise settled	-28
Restructuring liability as of	71
Pension and other
Restructuring Reserve [Roll Forward]
Restructuring liability as of	0
Charges during period	4
Paid or otherwise settled	-4
Restructuring liability as of	$0

Fair_Value_Measurements_Detail

Fair Value Measurements (Details) (USD $)	2-May-15		Jan. 31, 2015		3-May-14
In Millions, unless otherwise specified
Financial assets and liabilities measured at fair value on a recurring basis
Other current assets	$1,672		$1,754		$1,723
Other noncurrent assets	1,012		917		1,080
Other noncurrent liabilities	1,404		1,452		1,504
Fair value measured on recurring basis | Company-owned life insurance investments
Financial assets and liabilities measured at fair value on a recurring basis
Company-owned life insurance investments	781		773		800
Fair value measured on recurring basis | Level 1 | Prepaid forward contracts
Financial assets and liabilities measured at fair value on a recurring basis
Other current assets	35		38		80
Fair value measured on recurring basis | Level 1 | Short-term investments
Financial assets and liabilities measured at fair value on a recurring basis
Cash and cash equivalents	2,073		1,520		3
Fair value measured on recurring basis | Level 2 | Interest rate swaps
Financial assets and liabilities measured at fair value on a recurring basis
Other current assets	0	[1]	0	[1]	1	[1]
Other noncurrent assets	46	[1]	65	[1]	56	[1]
Other noncurrent liabilities	20	[1]	24	[1]	35	[1]
Fair value measured on recurring basis | Level 2 | Company-owned life insurance investments
Financial assets and liabilities measured at fair value on a recurring basis
Other noncurrent assets	332	[2]	322	[2]	313	[2]
Fair value measured on recurring basis | Level 3 | Beneficial interest asset
Financial assets and liabilities measured at fair value on a recurring basis
Other current assets	35		43		62
Other noncurrent assets	$25		$31		$46
[1]	See Note 7 for additional information on interest rate swaps.
[2]	The carrying amount and estimated fair value of debt exclude unamortized swap valuation adjustments and capital lease obligations.

Fair_Value_Measurements_Detail1

Fair Value Measurements (Details 2) (USD $)	2-May-15		Jan. 31, 2015		3-May-14
In Millions, unless otherwise specified
Carrying Amount
Financial liabilities
Debt	$11,947	[1],[2]	$11,946	[1],[2]	$12,064	[1],[2]
Fair Value
Financial liabilities
Debt	$13,542	[1],[2]	$14,089	[1],[2]	$13,721	[1],[2]
[1]	The carrying amounts of certain other current assets, accounts payable, and certain accrued and other current liabilities approximate fair value due to their short-term nature.
[2]	The carrying amount and estimated fair value of debt exclude unamortized swap valuation adjustments and capital lease obligations.

Notes_Payable_and_LongTerm_Deb2

Notes Payable and Long-Term Debt (Details) (Commercial paper, USD $)	3 Months Ended
In Millions, unless otherwise specified	2-May-15	3-May-14
Commercial paper
Debt Instrument Line Items
Maximum daily amount outstanding during the period	$0	$590
Average daily amount outstanding during the period	0	279
Amount outstanding at period-end	$0	$386
Weighted average interest rate	0.00%	0.10%

Data_Breach_Details

Data Breach (Details) (USD $)	3 Months Ended					9 Months Ended		18 Months Ended
	2-May-15		3-May-14		Feb. 01, 2014	Jan. 31, 2015		2-May-15
	action				account
	credit_card_network
Insurance Settlements Receivable [Roll Forward]
Expenses incurred	$3,000,000	[1],[2]	$18,000,000	[1],[2]
Data breach
Loss Contingencies [Line Items]
Number of credit and debit card accounts stolen					40,000,000
Number of individuals whose personal information was stolen					70,000,000
Number of major credit card networks	4
Number of actions filed seeking damages, more than	100
Payment agreement	10,000,000
Liabilities [Roll Forward]
Balance at	171,000,000		61,000,000			52,000,000
Expenses incurred/insurance receivable recorded	3,000,000	[3]	26,000,000	[3]		165,000,000	[3]
Payments made/received	-7,000,000		-35,000,000			-46,000,000
Balance at	167,000,000		52,000,000		61,000,000	171,000,000		167,000,000
Insurance Settlements Receivable [Roll Forward]
Balance at	60,000,000		44,000,000			39,000,000
Expenses incurred/insurance receivable recorded	0	[3]	8,000,000	[3]		38,000,000	[3]
Payments made/received	-5,000,000		-13,000,000			-17,000,000
Balance at	55,000,000		39,000,000		44,000,000	60,000,000		55,000,000
Expenses incurred								256,000,000
Expected insurance recoveries								90,000,000
Insurance Recoveries								35,000,000
Net expense								166,000,000
Network security insurance coverage	100,000,000
Network security insurance coverage, deductible	10,000,000
Network security insurance coverage, sublimit	$50,000,000
[1]	Refer to Note 6 for more information on Data Breach related costs.
[2]	The sum of segment SG&A expenses, restructuring costs, Data Breach related costs and card brand conversion costs equal consolidated SG&A expenses.
[3]	Includes expenditures and accruals for Data Breach-related costs and expected insurance recoveries as discussed below.

Derivative_Financial_Instrumen2

Derivative Financial Instruments (Details) (USD $)	3 Months Ended
	2-May-15	3-May-14	Jan. 31, 2015	Mar. 31, 2014
Derivative Contracts - Types, Statements of Financial Position Classification and Fair Values
Amount of ineffectiveness recognized	$0	$0
Derivative Contracts - Effect on Results of Operations
Unamortized hedged debt valuation gains from terminated and de-designated interest rate swaps	29,000,000	48,000,000	34,000,000
Designated as Hedging Instrument
Derivative Contracts - Types, Statements of Financial Position Classification and Fair Values
Number of interest rate swaps	3	2
Interest rate swaps
Derivative Contracts - Types, Statements of Financial Position Classification and Fair Values
Derivative, notional amount				250,000,000
Derivative Contracts - Effect on Results of Operations
Net interest expense	($9,000,000)	($5,000,000)

Share_Repurchase_Details

Share Repurchase (Details) (USD $)	3 Months Ended			12 Months Ended	1 Months Ended	4 Months Ended
In Millions, except Per Share data, unless otherwise specified	2-May-15		3-May-14	Jan. 31, 2015	28-May-15	28-May-15
Share Repurchase Information
Total number of shares purchased	3.7	[1]	0
Average price paid per share	$80.85	[1]	$0
Total investment	$300	[1]	$0
Total number of shares purchased	0.1
Total cash investment	483			46
Repurchase of Share Repurchase Program 2012
Share Repurchase Information
Stock repurchase program, authorized amount	5,000
Accelerated Share Repurchase Agreement
Share Repurchase Information
Reduction to shareholders' investment	180
Additional reduction to shareholders' investment	20
Amount included in other current assets	100
Shares received	2.2	[1]
Accelerated Share Repurchase Agreement | Subsequent Event
Share Repurchase Information
Shares received					1.1	3.3
Price paid per share						$80.74
Accelerated Share Repurchase Agreement | Minimum
Share Repurchase Information
Stock repurchase program, authorized amount	200
Accelerated Share Repurchase Agreement | Maximum
Share Repurchase Information
Stock repurchase program, authorized amount	300
Accelerated Share Repurchase Agreement | February 1, 2015 to May 2, 2015
Share Repurchase Information
Cash received	300
Accelerated Share Repurchase Agreement | May 2015 | Subsequent Event
Share Repurchase Information
Cash received					-35	-35
Accelerated Share Repurchase Agreement | February 1, 2015 to May 28, 2015 | Subsequent Event
Share Repurchase Information
Cash received					-265	-265
Cash Investment
Share Repurchase Information
Total cash investment	3
Prepaid Forward Contracts Market Value
Share Repurchase Information
Aggregate market value	$7
[1]	Includes 0.1 million shares delivered upon the noncash settlement of prepaid contracts which had an original cash investment of $3 million and an aggregate market value at their settlement dates of $7 million. These contracts are among the investment vehicles used to reduce our economic exposure related to our nonqualified deferred compensation plans. Note 9 provides the details of our positions in prepaid forward contracts.

Pension_Postretirement_Health_2

Pension, Postretirement Health Care and Other Benefits (Details) (USD $)	0 Months Ended	3 Months Ended		12 Months Ended
In Millions, unless otherwise specified	Mar. 09, 2015	2-May-15	3-May-14	Jan. 30, 2016
Pension Benefits
Net Pension Expense and Postretirement Healthcare Expense
Remeasurement reduction to projected benefit obligation	$208
Remeasurement reduction to plan assets	47
Increase in discount rate used	0.41%
Plan assets		3,725
Projected benefit obligation		3,604
Reduction to pension expense		3
Net Pension and Postretirement Health Care Benefits Expense
Service cost		28	28
Interest cost		38	38
Expected return on assets		-65	-58
Amortization of losses		23	16
Amortization of prior service cost		-3	-3
Settlement charges		2	0
Total		23	21
Pension Benefits | Scenario, Forecast
Net Pension Expense and Postretirement Healthcare Expense
Reduction to pension expense				26
Postretirement Health Care Benefits
Net Pension and Postretirement Health Care Benefits Expense
Service cost		1	1
Interest cost		0	1
Expected return on assets		0	0
Amortization of losses		1	1
Amortization of prior service cost		-4	-4
Settlement charges		0	0
Total		($2)	($1)

Pension_Postretirement_Health_3

Pension, Postretirement Health Care and Other Benefits (Details 2) (Prepaid forward contracts, USD $)	3 Months Ended		12 Months Ended
Share data in Millions, except Per Share data, unless otherwise specified	2-May-15	3-May-14	Jan. 31, 2015
Prepaid forward contracts
Prepaid Forward Contracts on Target Common Stock
Change in fair value for contracts indexed to Target common stock, recognized in earnings, pretax	$3,000,000	$7,000,000
Payments for derivative instrument, investing activities	0	0
Number of Shares	0.4	1.3	0.5
Contractual Price Paid per Share	$41.13	$48.81	$41.11
Contractual Fair Value	35,000,000	80,000,000	38,000,000
Total Cash Investment	$18,000,000	$63,000,000	$21,000,000

Accumulated_Other_Comprehensiv2

Accumulated Other Comprehensive Income (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	2-May-15		3-May-14
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Balance at beginning of period	($599)		($891)
Other comprehensive income before reclassifications	98		61
Amounts reclassified from AOCI	11		8
Balance at end of period	-490		-822
Income tax expense (benefit)	348		299
Cash Flow Hedges
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Balance at beginning of period	-22		-25
Other comprehensive income before reclassifications	0		0
Amounts reclassified from AOCI	1	[1]	1	[1]
Balance at end of period	-21		-24
Cash Flow Hedges | Amount reclassified from other comprehensive income
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Income tax expense (benefit)	1		1
Currency Translation Adjustment
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Balance at beginning of period	-16		-444
Other comprehensive income before reclassifications	-1		61
Amounts reclassified from AOCI	0		0
Balance at end of period	-17		-383
Pension and Other Benefits
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Balance at beginning of period	-561		-422
Other comprehensive income before reclassifications	99		0
Amounts reclassified from AOCI	10	[2]	7	[2]
Balance at end of period	-452		-415
Pension and Other Benefits | Amount reclassified from other comprehensive income
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Income tax expense (benefit)	$7		$4
[1]	Represents gains and losses on cash flow hedges, net of $1 million of taxes for both three months ended May 2, 2015 and May 3, 2014, which is recorded in net interest expense on the Consolidated Statements of Operations.
[2]	Represents amortization of pension and other benefit liabilities, net of $7 million and $4 million of taxes for the three months ended May 2, 2015 and May 3, 2014, respectively.

Segment_Reporting_Details

Segment Reporting (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	2-May-15		3-May-14
Segment Reporting [Abstract]
Sales	$17,119		$16,657
Cost of sales	11,911		11,748
Gross margin	5,208		4,909
Selling, general and administrative expenses	3,407	[1],[2]	3,345	[1],[2]
Depreciation and amortization	540		511
Segment profit	1,261		1,053
Restructuring costs (b)(e)	-103	[2],[3]	0	[2],[3]
Data Breach related costs	-3	[2],[4]	-18	[2],[4]
Card brand conversion costs	0	[2],[5]	-13	[2],[5]
Earnings from continuing operations before interest expense and income taxes	1,154		1,022
Net interest expense	155		152
Earnings from continuing operations before income taxes	$999		$870
[1]	Beginning with the first quarter of 2015, segment EBIT includes the impact of the reduction of the the beneficial interest asset. For comparison purposes, prior year segment EBIT has been revised
[2]	The sum of segment SG&A expenses, restructuring costs, Data Breach related costs and card brand conversion costs equal consolidated SG&A expenses.
[3]	Refer to Note 3 for more information on restructuring costs.
[4]	Refer to Note 6 for more information on Data Breach related costs.
[5]	Expense related to converting co-branded card program to MasterCard.

Segment_Reporting_Details_2

Segment Reporting (Details 2) (USD $)	2-May-15		Jan. 31, 2015		3-May-14
In Millions, unless otherwise specified
Segment Reporting Information
Total assets	$40,446		$41,404		$44,042
Segment assets
Segment Reporting Information
Total assets	39,785		39,569		37,680
Assets of discontinued operations
Segment Reporting Information
Total assets	606		1,775		6,323
Unallocated assets
Segment Reporting Information
Total assets	$55	[1]	$60	[1]	$39	[1]
[1]	Represents the insurance receivable related to the Data Breach.