The Home Depot, Inc. (HD) 10-Q27 Nov 132013 Q3 Quarterly reportFinancial data

Company Profile

Document_And_Entity_Informatio

Document And Entity Information	9 Months Ended
Document And Entity Information	Nov. 03, 2013	Nov. 19, 2013
Document And Entity Information	'	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	3-Nov-13	'
Document Fiscal Year Focus	'2013	'
Document Fiscal Period Focus	'Q3	'
Entity Registrant Name	'HOME DEPOT INC	'
Entity Central Index Key	'0000354950	'
Current Fiscal Year End Date	'--02-02	'
Entity Filer Category	'Large Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	1,408,227,028

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Nov. 03, 2013	Feb. 03, 2013
In Millions, unless otherwise specified	Nov. 03, 2013	Feb. 03, 2013
Current Assets:	'	'
Cash and Cash Equivalents	$4,853	$2,494
Receivables, net	1,606	1,395
Merchandise Inventories	11,348	10,710
Other Current Assets	791	773
Total Current Assets	18,598	15,372
Property and Equipment, at cost	38,989	38,491
Less Accumulated Depreciation and Amortization	15,432	14,422
Net Property and Equipment	23,557	24,069
Goodwill	1,172	1,170
Other Assets	487	473
Total Assets	43,814	41,084
Current Liabilities:	'	'
Accounts Payable	6,366	5,376
Accrued Salaries and Related Expenses	1,315	1,414
Sales Taxes Payable	480	472
Deferred Revenue	1,292	1,270
Income Taxes Payable	30	22
Current Installments of Long-Term Debt	1,317	1,321
Other Accrued Expenses	1,729	1,587
Total Current Liabilities	12,529	11,462
Long-Term Debt, excluding current installments	14,692	9,475
Other Long-Term Liabilities	2,019	2,051
Deferred Income Taxes	360	319
Total Liabilities	29,600	23,307
STOCKHOLDERS' EQUITY	'	'
Common Stock, par value $0.05; authorized: 10 billion shares; issued: 1.759 billion shares at November 3, 2013 and 1.754 billion shares at February 3, 2013; outstanding: 1.408 billion shares at November 3, 2013 and 1.484 billion shares at February 3, 2013	88	88
Paid-In Capital	7,979	7,948
Retained Earnings	22,711	20,038
Accumulated Other Comprehensive Income	254	397
Treasury Stock, at cost, 351 million shares at November 3, 2013 and 270 million shares at February 3, 2013	-16,818	-10,694
Total Stockholdersâ€™ Equity	14,214	17,777
Total Liabilities and Stockholders' Equity	$43,814	$41,084

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Nov. 03, 2013	Feb. 03, 2013
Statement of Financial Position [Abstract]	'	'
Common Stock, par value	$0.05	$0.05
Common Stock, shares authorized	10,000,000,000	10,000,000,000
Common Stock, shares issued	1,759,000,000	1,754,000,000
Common Stock, shares outstanding	1,408,000,000	1,484,000,000
Treasury Stock, shares	351,000,000	270,000,000

Consolidated_Statements_Of_Ear

Consolidated Statements Of Earnings (USD $)	3 Months Ended		9 Months Ended
In Millions, except Per Share data, unless otherwise specified	Nov. 03, 2013	Oct. 28, 2012	Nov. 03, 2013	Oct. 28, 2012
Income Statement [Abstract]	'	'	'	'
NET SALES	$19,470	$18,130	$61,116	$56,508
Cost of Sales	12,672	11,863	39,918	37,032
GROSS PROFIT	6,798	6,267	21,198	19,476
Operating Expenses:	'	'	'	'
Selling, General and Administrative	4,096	4,139	12,573	12,291
Depreciation and Amortization	409	395	1,220	1,169
Total Operating Expenses	4,505	4,534	13,793	13,460
OPERATING INCOME	2,293	1,733	7,405	6,016
Interest and Other (Income) Expense:	'	'	'	'
Interest and Investment Income	-3	-5	-8	-14
Interest Expense	191	155	529	466
Other	0	0	0	-67
Interest and Other, net	188	150	521	385
EARNINGS BEFORE PROVISION FOR INCOME TAXES	2,105	1,583	6,884	5,631
Provision for Income Taxes	754	636	2,512	2,117
NET EARNINGS	$1,351	$947	$4,372	$3,514
Weighted Average Common Shares	1,408	1,487	1,438	1,505
BASIC EARNINGS PER SHARE	$0.96	$0.64	$3.04	$2.33
Diluted Weighted Average Common Shares	1,417	1,498	1,448	1,517
DILUTED EARNINGS PER SHARE	$0.95	$0.63	$3.02	$2.32
Dividends Declared Per Share	$0.39	$0.29	$1.17	$0.87

Consolidated_Statements_Of_Com

Consolidated Statements Of Comprehensive Income (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Nov. 03, 2013	Oct. 28, 2012	Nov. 03, 2013	Oct. 28, 2012
Statement of Comprehensive Income [Abstract]	'	'	'	'
Net Earnings	$1,351	$947	$4,372	$3,514
Other Comprehensive (Loss) Income:	'	'	'	'
Foreign Currency Translation Adjustments	-5	95	-114	114
Cash Flow Hedges, net of tax	-21	1	-18	4
Other	-1	0	-11	0
Total Other Comprehensive (Loss) Income	-27	96	-143	118
COMPREHENSIVE INCOME	$1,324	$1,043	$4,229	$3,632

Consolidated_Statements_Of_Cas

Consolidated Statements Of Cash Flows (USD $)	9 Months Ended
In Millions, unless otherwise specified	Nov. 03, 2013	Oct. 28, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:	'	'
Net Earnings	$4,372	$3,514
Reconciliation of Net Earnings to Net Cash Provided by Operating Activities:	'	'
Depreciation and Amortization	1,317	1,257
Stock-Based Compensation Expense	169	158
Goodwill Impairment	0	97
Changes in Assets and Liabilities, net of the effects of acquisitions:	'	'
Receivables, net	-219	-388
Merchandise Inventories	-683	-596
Other Current Assets	37	164
Accounts Payable and Accrued Expenses	944	1,069
Deferred Revenue	26	47
Income Taxes Payable	125	83
Deferred Income Taxes	-29	63
Other	-78	-84
Net Cash Provided by Operating Activities	5,981	5,384
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'
Capital Expenditures	-964	-887
Payments for Businesses Acquired, net	-15	-121
Proceeds from Sales of Property and Equipment	34	21
Net Cash Used in Investing Activities	-945	-987
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'
Proceeds from Long-Term Borrowings, net of discount	5,222	0
Repayments of Long-Term Debt	-25	-23
Repurchases of Common Stock	-6,446	-3,330
Proceeds from Sales of Common Stock	164	697
Cash Dividends Paid to Stockholders	-1,699	-1,312
Other Financing Activities	104	133
Net Cash Used in Financing Activities	-2,680	-3,835
Change in Cash and Cash Equivalents	2,356	562
Effect of Exchange Rate Changes on Cash and Cash Equivalents	3	5
Cash and Cash Equivalents at Beginning of Period	2,494	1,987
Cash and Cash Equivalents at End of Period	$4,853	$2,554

Summary_of_Significant_Account

Summary of Significant Accounting Policies	9 Months Ended
Summary of Significant Accounting Policies	Nov. 03, 2013
Accounting Policies [Abstract]	'
Summary of Significant Accounting Policies	'
	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Basis of Presentation
	The accompanying Consolidated Financial Statements have been prepared in accordance with the instructions to Form 10-Q and do not include all of the information and footnotes required by generally accepted accounting principles ("GAAP") for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. These statements should be read in conjunction with the Consolidated Financial Statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended February 3, 2013, as filed with the Securities and Exchange Commission.
	Business
	The Home Depot, Inc. and its subsidiaries (the "Company") operate The Home Depot stores, which are full-service, warehouse-style stores averaging approximately 104,000 square feet of enclosed space, with approximately 24,000 additional square feet of outside garden area. The stores stock approximately 30,000 to 40,000 different kinds of building materials, home improvement supplies and lawn and garden products that are sold to do-it-yourself customers, do-it-for-me customers and professional customers. The Company also offers over 600,000 products through its Home Depot and Home Decorators Collection websites.
	Valuation Reserves
	As of November 3, 2013 and February 3, 2013, the valuation allowances for Merchandise Inventories and uncollectible Receivables were not material.

LongTerm_Debt

Long-Term Debt	9 Months Ended
Long-Term Debt	Nov. 03, 2013
Debt Disclosure [Abstract]	'
Long-Term Debt	'
	LONG-TERM DEBT
	In April 2013, the Company issued $1.0 billion of 2.70% senior notes due April 1, 2023 at a discount of $2 million and $1.0 billion of 4.20% senior notes due April 1, 2043 at a discount of $4 million (together, the "April 2013 issuance"). Interest on these notes is due semi-annually on April 1 and October 1 of each year, beginning October 1, 2013. The net proceeds of the April 2013 issuance were used for general corporate purposes, including repurchases of shares of the Company's common stock. The $6 million discount associated with the April 2013 issuance is being amortized over the term of the notes using the effective interest rate method. Issuance costs associated with the April 2013 issuance were approximately $15 million and are being amortized over the term of the notes.
	In September 2013, the Company issued $1.15 billion of 2.25% senior notes due September 10, 2018 (the "2018 notes”) at a discount of $1 million, $1.1 billion of 3.75% senior notes due February 15, 2024 (the "2024 notes”) at a discount of $6 million and $1.0 billion of 4.875% senior notes due February 15, 2044 (the "2044 notes”) at a discount of $15 million (together, the "September 2013 issuance"). Interest on the 2018 notes is due semi-annually on March 10 and September 10 of each year, beginning March 10, 2014. Interest on the 2024 notes and the 2044 notes is due semi-annually on February 15 and August 15 of each year, beginning February 15, 2014. The net proceeds of the September 2013 issuance will be used for general corporate purposes, including repayment of the Company's $1.25 billion 5.25% senior notes due December 16, 2013 and repurchases of shares of the Company's common stock. The $22 million discount associated with the September 2013 issuance is being amortized over the term of the notes using the effective interest rate method. Issuance costs associated with the September 2013 issuance were approximately $19 million and are being amortized over the term of the notes.
	The notes may be redeemed by the Company at any time, in whole or in part, at the redemption price plus accrued interest up to the redemption date. The redemption price is equal to the greater of (1) 100% of the principal amount of the notes to be redeemed, and (2) the sum of the present values of the remaining scheduled payments of principal and interest to maturity. Additionally, if a Change in Control Triggering Event occurs, as defined by the indenture governing the notes, holders of the notes have the right to require the Company to redeem those notes at 101% of the aggregate principal amount of the notes plus accrued interest up to the redemption date. The Company is generally not limited under the indenture governing the notes in its ability to incur additional indebtedness or required to maintain financial ratios or specified levels of net worth or liquidity. Further, while the indenture governing the notes contains various restrictive covenants, none is expected to impact the Company's liquidity or capital resources.

Accelerated_Share_Repurchase_A

Accelerated Share Repurchase Agreements	9 Months Ended
Accelerated Share Repurchase Agreements	Nov. 03, 2013
Accelerated Share Repurchase Agreements [Abstract]	'
Accelerated Share Repurchase Agreements	'
	ACCELERATED SHARE REPURCHASE AGREEMENTS
	In the first quarter of fiscal 2013, the Company entered into an Accelerated Share Repurchase ("ASR") agreement with a third-party financial institution to repurchase $1.5 billion of the Company’s common stock. Under this agreement, the Company paid $1.5 billion to the financial institution and received an initial delivery of approximately 18.1 million shares in the first quarter of fiscal 2013. The transaction was completed in the second quarter of fiscal 2013, at which time the Company received approximately 2.1 million additional shares. The $1.5 billion of shares repurchased is included in Treasury Stock in the accompanying Consolidated Balance Sheets as of November 3, 2013. The final number of shares delivered upon settlement of the $1.5 billion ASR agreement was determined with reference to the average price of the Company's common stock over the term of the agreement.
	In the second quarter of fiscal 2013, the Company entered into an ASR agreement with a third-party financial institution to repurchase $1.7 billion of the Company's common stock. Under this agreement, the Company paid $1.7 billion to the financial institution and received an initial delivery of approximately 19.6 million shares in the second quarter of fiscal 2013. The transaction was completed in the third quarter of fiscal 2013, at which time the Company received approximately 2.4 million additional shares. The $1.7 billion of shares repurchased is included in Treasury Stock in the accompanying Consolidated Balance Sheets as of November 3, 2013. The final number of shares delivered upon settlement of the $1.7 billion ASR agreement was determined with reference to the average price of the Company's common stock over the term of the agreement.
	In the third quarter of fiscal 2013, the Company entered into an ASR agreement with a third-party financial institution to repurchase $1.5 billion of the Company's common stock. Under this agreement, the Company paid $1.5 billion to the financial institution and received an initial delivery of approximately 16.4 million shares in the third quarter of fiscal 2013. The fair market value of the 16.4 million shares on the date of purchase was $1.225 billion and is included in Treasury Stock in the accompanying Consolidated Balance Sheets as of November 3, 2013. The remaining $275 million is included in Paid-In Capital in the accompanying Consolidated Balance Sheets as of November 3, 2013. The final number of shares delivered upon settlement of the $1.5 billion ASR agreement entered into in the third quarter of fiscal 2013 will be determined with reference to the average price of the Company's common stock over the term of the agreement.

China_Store_Closings

China Store Closings	9 Months Ended
China Store Closings	Nov. 03, 2013
Restructuring and Related Activities [Abstract]	'
China Store Closings	'
	CHINA STORE CLOSINGS
	In the third quarter of fiscal 2012, the Company closed its remaining seven big box stores in China. As a result of the closings, the Company recorded a total charge of $165 million, net of tax, in the third quarter of fiscal 2012. Inventory markdown costs of $10 million are included in Cost of Sales, and $155 million of costs related to the impairment of Goodwill and other assets, lease terminations, severance and other charges are included in Selling, General and Administrative expenses in the accompanying Consolidated Statements of Earnings for the three and nine months ended October 28, 2012.

Fair_Value_Measurements

Fair Value Measurements	9 Months Ended
	Nov. 03, 2013
Fair Value Disclosures [Abstract]	'
Fair Value Measurements	'
	FAIR VALUE MEASUREMENTS
	The fair value of an asset is considered to be the price at which the asset could be sold in an orderly transaction between unrelated knowledgeable and willing parties. A liability’s fair value is defined as the amount that would be paid to transfer the liability to a new obligor, rather than the amount that would be paid to settle the liability with the creditor. Assets and liabilities recorded at fair value are measured using a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value. These tiers include:


	•	Level 1 –	Observable inputs that reflect quoted prices in active markets
	•	Level 2 –	Inputs other than quoted prices in active markets that are either directly or indirectly observable
	•	Level 3 –	Unobservable inputs for which little or no market data exists, therefore requiring the Company to develop its own assumptions
	Assets and Liabilities Measured at Fair Value on a Recurring Basis
	The assets and liabilities of the Company that are measured at fair value on a recurring basis as of November 3, 2013 and February 3, 2013 were as follows (amounts in millions):


		Fair Value at November 3, 2013 Using							Fair Value at February 3, 2013 Using
		Level 1		Level 2			Level 3		Level 1		Level 2			Level 3
	Derivative agreements - assets	$	—	$	47		$	—	$	—	$	64		$	—

	Derivative agreements - liabilities	—		(18		)	—		—		(15		)	—

	Total	$	—	$	29		$	—	$	—	$	49		$	—

	The Company uses derivative financial instruments from time to time in the management of its interest rate exposure on long-term debt and its exposure on foreign currency fluctuations. The fair value of the Company’s derivative financial instruments was measured using level 2 inputs.

	Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis
	Liabilities for lease obligation costs related to certain store closings and the exit of certain businesses in fiscal 2009 and 2008 were measured on a nonrecurring basis using fair value measurements with unobservable inputs (level 3). Charges related to these liabilities in the first nine months of fiscal 2013 and 2012 were not material.
	Long-lived assets were analyzed for impairment on a nonrecurring basis using fair value measurements with unobservable inputs (level 3). Impairment charges related to long-lived assets in the first nine months of fiscal 2013 and 2012 were not material.
	During the third quarter of fiscal 2013, the Company completed its annual assessment of the recoverability of Goodwill for its U.S., Canada and Mexico reporting units. The fair values of these reporting units were estimated using the present value of expected future discounted cash flows through unobservable inputs (level 3). The Company recorded no impairment charges related to Goodwill in the first nine months of fiscal 2013.
	Upon announcement in the third quarter of fiscal 2012 of its intention to close seven stores in China, the Company completed an assessment of the recoverability of Goodwill for its China reporting unit. The fair value of the China reporting unit was estimated using the present value of expected future discounted cash flows through unobservable inputs (level 3). As a result of this analysis, the Company recorded a $97 million impairment charge to Goodwill in the third quarter of fiscal 2012. See Note 4 for further discussion of the China store closings.
	The aggregate fair value of the Company’s senior notes, based on quoted market prices, was $16.6 billion and $12.2 billion at November 3, 2013 and February 3, 2013, respectively, compared to a carrying value of $15.5 billion and $10.3 billion at November 3, 2013 and February 3, 2013, respectively.

Basic_And_Diluted_Weighted_Ave

Basic And Diluted Weighted Average Common Shares	9 Months Ended
	Nov. 03, 2013
Earnings Per Share [Abstract]	'
Basic And Diluted Weighted Average Common Shares	'
	BASIC AND DILUTED WEIGHTED AVERAGE COMMON SHARES
	The reconciliation of basic to diluted weighted average common shares for the three and nine months ended November 3, 2013 and October 28, 2012 was as follows (amounts in millions):


		Three Months Ended		Nine Months Ended
		November 3,	October 28,	November 3,	October 28,
		2013	2012	2013	2012
	Weighted average common shares	1,408	1,487	1,438	1,505

	Effect of potentially dilutive securities:
	Stock plans	9	11	10	12

	Diluted weighted average common shares	1,417	1,498	1,448	1,517

	Stock plans consist of shares granted under the Company’s employee stock plans. Options to purchase 1 million and 1 million shares of common stock for the three months ended November 3, 2013 and October 28, 2012, respectively, and options to purchase 1 million and 1 million shares of common stock for the nine months ended November 3, 2013 and October 28, 2012, respectively, were excluded from the computation of Diluted Earnings per Share because their effect would have been anti-dilutive.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policy)	9 Months Ended
Summary of Significant Accounting Policies (Policy)	Nov. 03, 2013
Accounting Policies [Abstract]	'
Basis of Presentation	'
	Basis of Presentation
	The accompanying Consolidated Financial Statements have been prepared in accordance with the instructions to Form 10-Q and do not include all of the information and footnotes required by generally accepted accounting principles ("GAAP") for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. These statements should be read in conjunction with the Consolidated Financial Statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended February 3, 2013, as filed with the Securities and Exchange Commission.

Fair_Value_Measurements_Tables

Fair Value Measurements (Tables)	9 Months Ended
	Nov. 03, 2013
Fair Value Disclosures [Abstract]	'
Assets and Liabilities Measured at Fair Value on a Recurring Basis	'
	The assets and liabilities of the Company that are measured at fair value on a recurring basis as of November 3, 2013 and February 3, 2013 were as follows (amounts in millions):


		Fair Value at November 3, 2013 Using							Fair Value at February 3, 2013 Using
		Level 1		Level 2			Level 3		Level 1		Level 2			Level 3
	Derivative agreements - assets	$	—	$	47		$	—	$	—	$	64		$	—

	Derivative agreements - liabilities	—		(18		)	—		—		(15		)	—

	Total	$	—	$	29		$	—	$	—	$	49		$	—

Basic_And_Diluted_Weighted_Ave1

Basic And Diluted Weighted Average Common Shares (Tables)	9 Months Ended
	Nov. 03, 2013
Earnings Per Share [Abstract]	'
Schedule of Weighted Average Number of Shares	'
	The reconciliation of basic to diluted weighted average common shares for the three and nine months ended November 3, 2013 and October 28, 2012 was as follows (amounts in millions):


		Three Months Ended		Nine Months Ended
		November 3,	October 28,	November 3,	October 28,
		2013	2012	2013	2012
	Weighted average common shares	1,408	1,487	1,438	1,505

	Effect of potentially dilutive securities:
	Stock plans	9	11	10	12

	Diluted weighted average common shares	1,417	1,498	1,448	1,517

Summary_of_Significant_Account2

Summary of Significant Accounting Policies (Narrative) (Details)	Nov. 03, 2013
	product
Accounting Policies [Line Items]	'
Number of products offered online	600,000
Minimum [Member]	'
Accounting Policies [Line Items]	'
Approximate number of different types of inventory held at stores	30,000
Maximum [Member]	'
Accounting Policies [Line Items]	'
Approximate number of different types of inventory held at stores	40,000
Average Store Size [Member]	'
Accounting Policies [Line Items]	'
Approximate average square footage of warehouse-style stores	104,000
Average Garden Center Size [Member]	'
Accounting Policies [Line Items]	'
Approximate average square footage of warehouse-style stores	24,000

LongTerm_Debt_Narrative_Detail

Long-Term Debt (Narrative) (Details) (USD $)

1 Months Ended

9 Months Ended

Apr. 30, 2013

Apr. 02, 2013

Sep. 30, 2013

Sep. 03, 2013

Apr. 30, 2013

Apr. 02, 2013

Apr. 30, 2013

Apr. 02, 2013

Sep. 30, 2013

Sep. 03, 2013

Sep. 30, 2013

Sep. 03, 2013

Sep. 30, 2013

Sep. 03, 2013

Nov. 03, 2013

April 2013 Issuance [Member]

September 2013 Issuance [Member]

2.70% senior notes due April 1, 2023 [Member]

4.20% senior notes due April 1, 2043 [Member]

2.25% senior notes due September 10, 2018 [Member]

3.75% senior notes due February 15, 2024 [Member]

4.875% senior notes due February 15, 2044 [Member]

5.25% senior notes due December 16, 2013 [Member]

Debt Instrument [Line Items]

Debt instrument, face amount

$1,000,000,000

$1,150,000,000

$1,100,000,000

$1,000,000,000

$1,250,000,000

Stated interest rate percentage

2.70%

4.20%

2.25%

3.75%

4.88%

5.25%

Debt instrument, unamortized discount

6,000,000

22,000,000

2,000,000

4,000,000

1,000,000

6,000,000

15,000,000

Debt issuance cost

$15,000,000

$19,000,000

Debt instrument, maturity date

1-Apr-23

1-Apr-43

10-Sep-18

15-Feb-24

15-Feb-44

16-Dec-13

Debt instrument, frequency of periodic payment

'semi-annually on April 1 and October 1

'semi-annually on March 10 and September 10

'semi-annually on February 15 and August 15

Long-term debt, redemption price

100.00%

Debt instrument, change of control, redemption price, percent

101.00%

Accelerated_Share_Repurchase_A1

Accelerated Share Repurchase Agreements (Narrative) (Details) (USD $)	9 Months Ended			3 Months Ended			3 Months Ended
In Millions, unless otherwise specified	Nov. 03, 2013	Oct. 28, 2012	Feb. 03, 2013	Aug. 04, 2013	5-May-13	Nov. 03, 2013	Nov. 03, 2013	Aug. 04, 2013	Nov. 03, 2013
	Nov. 03, 2013	Oct. 28, 2012	Feb. 03, 2013	Q1 Accelerated Share Repurchase Agreement [Member]	Q1 Accelerated Share Repurchase Agreement [Member]	Q1 Accelerated Share Repurchase Agreement [Member]	Q2 Accelerated Share Repurchase Agreement [Member]	Q2 Accelerated Share Repurchase Agreement [Member]	Q3 Accelerated Share Repurchase Agreement [Member]
Accelerated Share Repurchase Agreements [Line Items]	'	'	'	'	'	'	'	'	'
Cash paid for repurchase of common stock	$6,446	$3,330	'	'	$1,500	'	'	$1,700	$1,500
Number of shares of common stock repurchased pursuant to accelerated share repurchase agreement	'	'	'	2.1	18.1	'	2.4	19.6	16.4
Treasury Stock, Value	16,818	'	10,694	'	'	1,500	1,700	'	1,225
Paid-In Capital	$7,979	'	$7,948	'	'	'	'	'	$275

China_Store_Closings_Narrative

China Store Closings (Narrative) (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Oct. 28, 2012
Restructuring Cost and Reserve [Line Items]	'
Restructuring Charges	$165
Cost of Sales [Member]	'
Restructuring Cost and Reserve [Line Items]	'
Restructuring Charges	10
Selling, General and Administrative Expenses [Member]	'
Restructuring Cost and Reserve [Line Items]	'
Restructuring Charges	$155

Fair_Value_Measurements_Narrat

Fair Value Measurements (Narrative) (Details) (USD $)	9 Months Ended
Fair Value Measurements (Narrative) (Details) (USD $)	Nov. 03, 2013	Oct. 28, 2012	Feb. 03, 2013
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'	'
Goodwill impairment	$0	$97,000,000	'
Carrying value of senior notes	15,500,000,000	'	10,300,000,000
Senior Notes [Member] \| Fair Value, Inputs, Level 1 [Member]	'	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'	'
Fair value of senior notes	$16,600,000,000	'	$12,200,000,000

Fair_Value_Measurements_Assets

Fair Value Measurements (Assets and Liabilities Measured at Fair Value on a Recurring Basis) (Details) (Fair Value, Measurements, Recurring [Member], USD $)	Nov. 03, 2013	Feb. 03, 2013
In Millions, unless otherwise specified	Nov. 03, 2013	Feb. 03, 2013
Fair Value, Inputs, Level 1 [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Derivative agreements - assets	$0	$0
Derivative agreements - liabilities	0	0
Total	0	0
Fair Value, Inputs, Level 2 [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Derivative agreements - assets	47	64
Derivative agreements - liabilities	18	15
Total	29	49
Fair Value, Inputs, Level 3 [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Derivative agreements - assets	0	0
Derivative agreements - liabilities	0	0
Total	$0	$0

Basic_And_Diluted_Weighted_Ave2

Basic And Diluted Weighted Average Common Shares (Narrative) (Details) (Employee Stock Option [Member])	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Nov. 03, 2013	Oct. 28, 2012	Nov. 03, 2013	Oct. 28, 2012
Employee Stock Option [Member]	'	'	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'	'	'
Options to purchase common stock excluded from computation of Diluted Earnings per Share	1	1	1	1

Recovered_Sheet1

Basic and Diluted Weighted Average Common Shares (Reconciliation Of Basic To Diluted Weighted Average Common Shares) (Details)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Nov. 03, 2013	Oct. 28, 2012	Nov. 03, 2013	Oct. 28, 2012
Reconciliation of Basic to Diluted Weighted Average Common Shares:	'	'	'	'
Weighted average common shares	1,408	1,487	1,438	1,505
Effect of potentially dilutive securities: Stock plans	9	11	10	12
Diluted weighted average common shares	1,417	1,498	1,448	1,517