Document_And_Entity_Informatio
Document And Entity Information | 6 Months Ended | |
Aug. 03, 2014 | Aug. 19, 2014 | |
Document and Entity Information [Abstract] | ' | ' |
Document Type | '10-Q | ' |
Amendment Flag | 'false | ' |
Document Period End Date | 3-Aug-14 | ' |
Document Fiscal Year Focus | '2014 | ' |
Document Fiscal Period Focus | 'Q2 | ' |
Entity Registrant Name | 'HOME DEPOT INC | ' |
Entity Central Index Key | '0000354950 | ' |
Current Fiscal Year End Date | '--02-01 | ' |
Entity Filer Category | 'Large Accelerated Filer | ' |
Entity Common Stock, Shares Outstanding | ' | 1,345,921,559 |
Consolidated_Balance_Sheets
Consolidated Balance Sheets (USD $) | Aug. 03, 2014 | Feb. 02, 2014 |
In Millions, unless otherwise specified | ||
Current Assets: | ' | ' |
Cash and Cash Equivalents | $4,216 | $1,929 |
Receivables, net | 1,637 | 1,398 |
Merchandise Inventories | 11,665 | 11,057 |
Other Current Assets | 973 | 895 |
Total Current Assets | 18,491 | 15,279 |
Property and Equipment, at cost | 39,603 | 39,064 |
Less Accumulated Depreciation and Amortization | 16,477 | 15,716 |
Net Property and Equipment | 23,126 | 23,348 |
Goodwill | 1,295 | 1,289 |
Other Assets | 567 | 602 |
Total Assets | 43,479 | 40,518 |
Current Liabilities: | ' | ' |
Accounts Payable | 7,165 | 5,797 |
Accrued Salaries and Related Expenses | 1,325 | 1,428 |
Sales Taxes Payable | 583 | 396 |
Deferred Revenue | 1,503 | 1,337 |
Income Taxes Payable | 357 | 12 |
Current Installments of Long-Term Debt | 34 | 33 |
Other Accrued Expenses | 1,872 | 1,746 |
Total Current Liabilities | 12,839 | 10,749 |
Long-Term Debt, excluding current installments | 16,702 | 14,691 |
Other Long-Term Liabilities | 1,953 | 2,042 |
Deferred Income Taxes | 528 | 514 |
Total Liabilities | 32,022 | 27,996 |
STOCKHOLDERS' EQUITY | ' | ' |
Common Stock, par value $0.05; authorized: 10 billion shares; issued: 1.766 billion shares at August 3, 2014 and 1.761 billion shares at February 2, 2014; outstanding: 1.346 billion shares at August 3, 2014 and 1.380 billion shares at February 2, 2014 | 88 | 88 |
Paid-In Capital | 8,217 | 8,402 |
Retained Earnings | 25,324 | 23,180 |
Accumulated Other Comprehensive Income | 91 | 46 |
Treasury Stock, at cost, 420 million shares at August 3, 2014 and 381 million shares at February 2, 2014 | -22,263 | -19,194 |
Total Stockholders’ Equity | 11,457 | 12,522 |
Total Liabilities and Stockholders' Equity | $43,479 | $40,518 |
Consolidated_Balance_Sheets_Pa
Consolidated Balance Sheets (Parenthetical) (USD $) | Aug. 03, 2014 | Feb. 02, 2014 |
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 | 1,766,000,000 | 1,761,000,000 |
Common Stock, shares outstanding | 1,346,000,000 | 1,380,000,000 |
Treasury Stock, shares | 420,000,000 | 381,000,000 |
Consolidated_Statements_Of_Ear
Consolidated Statements Of Earnings (USD $) | 3 Months Ended | 6 Months Ended | ||
In Millions, except Per Share data, unless otherwise specified | Aug. 03, 2014 | Aug. 04, 2013 | Aug. 03, 2014 | Aug. 04, 2013 |
Income Statement [Abstract] | ' | ' | ' | ' |
NET SALES | $23,811 | $22,522 | $43,498 | $41,646 |
Cost of Sales | 15,650 | 14,801 | 28,452 | 27,246 |
GROSS PROFIT | 8,161 | 7,721 | 15,046 | 14,400 |
Operating Expenses: | ' | ' | ' | ' |
Selling, General and Administrative | 4,298 | 4,294 | 8,492 | 8,477 |
Depreciation and Amortization | 415 | 409 | 829 | 811 |
Total Operating Expenses | 4,713 | 4,703 | 9,321 | 9,288 |
OPERATING INCOME | 3,448 | 3,018 | 5,725 | 5,112 |
Interest and Other (Income) Expense: | ' | ' | ' | ' |
Interest and Investment Income | -17 | -2 | -117 | -5 |
Interest Expense | 208 | 174 | 399 | 338 |
Interest and Other, net | 191 | 172 | 282 | 333 |
EARNINGS BEFORE PROVISION FOR INCOME TAXES | 3,257 | 2,846 | 5,443 | 4,779 |
Provision for Income Taxes | 1,207 | 1,051 | 2,014 | 1,758 |
NET EARNINGS | $2,050 | $1,795 | $3,429 | $3,021 |
Weighted Average Common Shares | 1,346 | 1,434 | 1,358 | 1,452 |
BASIC EARNINGS PER SHARE | $1.52 | $1.25 | $2.53 | $2.08 |
Diluted Weighted Average Common Shares | 1,353 | 1,443 | 1,365 | 1,462 |
DILUTED EARNINGS PER SHARE | $1.52 | $1.24 | $2.51 | $2.07 |
Dividends Declared per Share | $0.47 | $0.39 | $0.94 | $0.78 |
Consolidated_Statements_Of_Com
Consolidated Statements Of Comprehensive Income (USD $) | 3 Months Ended | 6 Months Ended | ||
In Millions, unless otherwise specified | Aug. 03, 2014 | Aug. 04, 2013 | Aug. 03, 2014 | Aug. 04, 2013 |
Statement of Comprehensive Income [Abstract] | ' | ' | ' | ' |
Net Earnings | $2,050 | $1,795 | $3,429 | $3,021 |
Other Comprehensive Income (Loss): | ' | ' | ' | ' |
Foreign Currency Translation Adjustments | 15 | -153 | 55 | -109 |
Cash Flow Hedges, net of tax | -13 | 1 | -11 | 3 |
Other | 1 | 0 | 1 | -10 |
Total Other Comprehensive Income (Loss) | 3 | -152 | 45 | -116 |
COMPREHENSIVE INCOME | $2,053 | $1,643 | $3,474 | $2,905 |
Consolidated_Statements_Of_Cas
Consolidated Statements Of Cash Flows (USD $) | 6 Months Ended | |
In Millions, unless otherwise specified | Aug. 03, 2014 | Aug. 04, 2013 |
CASH FLOWS FROM OPERATING ACTIVITIES: | ' | ' |
Net Earnings | $3,429 | $3,021 |
Reconciliation of Net Earnings to Net Cash Provided by Operating Activities: | ' | ' |
Depreciation and Amortization | 896 | 877 |
Stock-Based Compensation Expense | 119 | 116 |
Changes in Assets and Liabilities, net of the effects of acquisitions: | ' | ' |
Receivables, net | -239 | -153 |
Merchandise Inventories | -589 | -419 |
Other Current Assets | -111 | -51 |
Accounts Payable and Accrued Expenses | 1,366 | 1,278 |
Deferred Revenue | 164 | 114 |
Income Taxes Payable | 446 | 140 |
Deferred Income Taxes | 54 | -78 |
Other | -250 | -127 |
Net Cash Provided by Operating Activities | 5,285 | 4,718 |
CASH FLOWS FROM INVESTING ACTIVITIES: | ' | ' |
Capital Expenditures | -631 | -599 |
Proceeds from Sales of Investments | -112 | 0 |
Payments for Business Acquired, net | 0 | -13 |
Proceeds from Sales of Property and Equipment | 16 | 16 |
Net Cash Used in Investing Activities | -503 | -596 |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | ' |
Proceeds from Long-Term Borrowings, net of discount | 1,981 | 1,994 |
Repayments of Long-Term Debt | -21 | -17 |
Repurchases of Common Stock | -3,500 | -4,346 |
Proceeds from Sales of Common Stock | 148 | 150 |
Cash Dividends Paid to Stockholders | -1,285 | -1,143 |
Other Financing Activities | 181 | 154 |
Net Cash Used in Financing Activities | -2,496 | -3,208 |
Change in Cash and Cash Equivalents | 2,286 | 914 |
Effect of Exchange Rate Changes on Cash and Cash Equivalents | 1 | 11 |
Cash and Cash Equivalents at Beginning of Period | 1,929 | 2,494 |
Cash and Cash Equivalents at End of Period | $4,216 | $3,419 |
Summary_of_Significant_Account
Summary of Significant Accounting Policies | 6 Months Ended |
Aug. 03, 2014 | |
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 2, 2014, 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 700,000 products through its websites, including Home Depot, Home Decorators Collection and Blinds.com. | |
Valuation Reserves | |
As of August 3, 2014 and February 2, 2014, the valuation allowances for Merchandise Inventories and uncollectible Receivables were not material. |
LongTerm_Debt
Long-Term Debt | 6 Months Ended |
Aug. 03, 2014 | |
Debt Disclosure [Abstract] | ' |
Long-Term Debt | ' |
LONG-TERM DEBT | |
In June 2014, the Company issued $1.0 billion of 2.00% senior notes due June 15, 2019 (the "2019 notes") at a discount of $4 million and $1.0 billion of 4.40% senior notes due March 15, 2045 (the "2045 notes") at a discount of $15 million (together, the "June 2014 issuance"). Interest on the 2019 notes is due semi-annually on June 15 and December 15 of each year, beginning December 15, 2014. Interest on the 2045 notes is due semi-annually on March 15 and September 15 of each year, beginning September 15, 2014. The net proceeds of the June 2014 issuance were used for general corporate purposes, including repurchases of shares of the Company's common stock. The $19 million discount associated with the June 2014 issuance is being amortized over the term of the notes using the effective interest rate method. Issuance costs associated with the June 2014 issuance were approximately $14 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 the Par Call Date, as defined in the respective notes. Additionally, if a Change in Control Triggering Event occurs, as defined in 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 are expected to impact the Company's liquidity or capital resources. |
Investment_in_HD_Supply_Holdin
Investment in HD Supply Holdings, Inc. | 6 Months Ended |
Aug. 03, 2014 | |
Investments, All Other Investments [Abstract] | ' |
Investment In HD Supply Holdings, Inc. | ' |
INVESTMENT IN HD SUPPLY HOLDINGS, INC. | |
At the end of fiscal 2013, the Company owned 16.3 million shares of HD Supply Holdings, Inc. ("HD Supply") common stock, which represented approximately 8% of the shares of HD Supply common stock outstanding. This investment is accounted for using the cost method, as there are significant restrictions in place on the Company's ability to sell or transfer its HD Supply shares. The restrictions are controlled by the three largest shareholders of HD Supply (the "Principal Shareholders"). The carrying value of the HD Supply shares was impaired by the Company to a zero cost basis in fiscal 2009. During the first quarter of fiscal 2014, the Principal Shareholders elected to sell shares in a secondary public offering of HD Supply common stock. Under the terms of a registration rights agreement among the Company, HD Supply and the Principal Shareholders, the Company had the right to include a portion of its shares in the offering, and the Company elected to do so. As a result, the restrictions on 3.9 million shares were lifted so that they could be sold in the offering. The Company received $97 million of proceeds from the sale of these shares and recognized a corresponding gain in the first quarter of fiscal 2014. | |
In the second quarter of fiscal 2014, the underwriters of the secondary public offering exercised their overallotment option to sell additional shares of HD Supply common stock to the public. As a result, the Company sold 600 thousand additional shares of HD Supply common stock and received $15 million of proceeds from the sale of these shares and recognized a corresponding gain in the second quarter of fiscal 2014. The total gain of $112 million is included in Interest and Investment Income in the accompanying Consolidated Statements of Earnings for the six months ended August 3, 2014. The remaining 11.8 million shares owned by the Company, which represent approximately 6% of the shares of HD Supply common stock outstanding, continue to be accounted for using the cost method as the restrictions on these shares remain in place. |
Accelerated_Share_Repurchase_A
Accelerated Share Repurchase Agreements | 6 Months Ended |
Aug. 03, 2014 | |
Accelerated Share Repurchase [Abstract] | ' |
Accelerated Share Repurchase Agreements | ' |
ACCELERATED SHARE REPURCHASE AGREEMENTS | |
In the first quarter of fiscal 2014, the Company entered into an Accelerated Share Repurchase ("ASR") agreement with a third-party financial institution to repurchase $950 million of the Company’s common stock. Under this agreement, the Company paid $950 million to the financial institution and received an initial delivery of 9.5 million shares in the first quarter of fiscal 2014. The transaction was completed later in the first quarter of fiscal 2014, at which time the Company received 2.6 million additional shares. The final number of shares delivered upon settlement of the $950 million ASR agreement was determined with reference to the average price of the Company's common stock over the term of the agreement. The $950 million of shares repurchased is included in Treasury Stock in the accompanying Consolidated Balance Sheets as of August 3, 2014. | |
In the second quarter of fiscal 2014, the Company entered into an ASR agreement with a third-party financial institution to repurchase $1.75 billion of the Company’s common stock. Under this agreement, the Company paid $1.75 billion to the financial institution and received an initial delivery of 16.9 million shares in the second quarter of fiscal 2014. The fair market value of the 16.9 million shares on the date of purchase was $1.32 billion and is included in Treasury Stock in the accompanying Consolidated Balance Sheets as of August 3, 2014. The remaining $430 million is included in Paid-In Capital in the accompanying Consolidated Balance Sheets as of August 3, 2014. The final number of shares delivered upon settlement of the $1.75 billion ASR agreement will be determined in the third quarter of fiscal 2014 with reference to the average price of the Company's common stock over the term of the agreement. |
Fair_Value_Measurements
Fair Value Measurements | 6 Months Ended | |||||||||||||||||||||||
Aug. 03, 2014 | ||||||||||||||||||||||||
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 are: | ||||||||||||||||||||||||
• | 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 August 3, 2014 and February 2, 2014 were as follows (amounts in millions): | ||||||||||||||||||||||||
Fair Value at August 3, 2014 Using | Fair Value at February 2, 2014 Using | |||||||||||||||||||||||
Level 1 | Level 2 | Level 3 | Level 1 | Level 2 | Level 3 | |||||||||||||||||||
Derivative agreements - assets | $ | — | $ | 30 | $ | — | $ | — | $ | 30 | $ | — | ||||||||||||
Derivative agreements - liabilities | — | (25 | ) | — | — | (10 | ) | — | ||||||||||||||||
Total | $ | — | $ | 5 | $ | — | $ | — | $ | 20 | $ | — | ||||||||||||
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 | ||||||||||||||||||||||||
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 six months of fiscal 2014 and 2013 were not material. | ||||||||||||||||||||||||
The aggregate fair value of the Company’s senior notes, based on quoted market prices, was $17.8 billion and $15.6 billion at August 3, 2014 and February 2, 2014, respectively, compared to a carrying value of $16.2 billion and $14.2 billion at August 3, 2014 and February 2, 2014, respectively. |
Basic_And_Diluted_Weighted_Ave
Basic And Diluted Weighted Average Common Shares | 6 Months Ended | |||||||||||
Aug. 03, 2014 | ||||||||||||
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 six months ended August 3, 2014 and August 4, 2013 was as follows (amounts in millions): | ||||||||||||
Three Months Ended | Six Months Ended | |||||||||||
August 3, | August 4, | August 3, | August 4, | |||||||||
2014 | 2013 | 2014 | 2013 | |||||||||
Weighted average common shares | 1,346 | 1,434 | 1,358 | 1,452 | ||||||||
Effect of potentially dilutive securities: | ||||||||||||
Stock plans | 7 | 9 | 7 | 10 | ||||||||
Diluted weighted average common shares | 1,353 | 1,443 | 1,365 | 1,462 | ||||||||
Stock plans consist of shares granted under the Company’s employee stock plans. Options to purchase 2 million and 1 million shares of common stock for the three months ended August 3, 2014 and August 4, 2013, respectively, and options to purchase 2 million and 1 million shares of common stock for the six months ended August 3, 2014 and August 4, 2013, 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) | 6 Months Ended |
Aug. 03, 2014 | |
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 2, 2014, as filed with the Securities and Exchange Commission. |
Fair_Value_Measurements_Tables
Fair Value Measurements (Tables) | 6 Months Ended | |||||||||||||||||||||||
Aug. 03, 2014 | ||||||||||||||||||||||||
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 August 3, 2014 and February 2, 2014 were as follows (amounts in millions): | ||||||||||||||||||||||||
Fair Value at August 3, 2014 Using | Fair Value at February 2, 2014 Using | |||||||||||||||||||||||
Level 1 | Level 2 | Level 3 | Level 1 | Level 2 | Level 3 | |||||||||||||||||||
Derivative agreements - assets | $ | — | $ | 30 | $ | — | $ | — | $ | 30 | $ | — | ||||||||||||
Derivative agreements - liabilities | — | (25 | ) | — | — | (10 | ) | — | ||||||||||||||||
Total | $ | — | $ | 5 | $ | — | $ | — | $ | 20 | $ | — | ||||||||||||
Basic_And_Diluted_Weighted_Ave1
Basic And Diluted Weighted Average Common Shares (Tables) | 6 Months Ended | |||||||||||
Aug. 03, 2014 | ||||||||||||
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 six months ended August 3, 2014 and August 4, 2013 was as follows (amounts in millions): | ||||||||||||
Three Months Ended | Six Months Ended | |||||||||||
August 3, | August 4, | August 3, | August 4, | |||||||||
2014 | 2013 | 2014 | 2013 | |||||||||
Weighted average common shares | 1,346 | 1,434 | 1,358 | 1,452 | ||||||||
Effect of potentially dilutive securities: | ||||||||||||
Stock plans | 7 | 9 | 7 | 10 | ||||||||
Diluted weighted average common shares | 1,353 | 1,443 | 1,365 | 1,462 | ||||||||
Summary_of_Significant_Account2
Summary of Significant Accounting Policies (Narrative) (Details) | Aug. 03, 2014 |
product | |
Accounting Policies [Line Items] | ' |
Number of products offered online | 700,000 |
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 $) | 6 Months Ended | 1 Months Ended | 1 Months Ended | 1 Months Ended | |||
Aug. 03, 2014 | Jun. 30, 2014 | Jun. 12, 2014 | Jun. 30, 2014 | Jun. 12, 2014 | Jun. 30, 2014 | Jun. 12, 2014 | |
2.00% Senior Notes due June 15, 2019 [Member] | 2.00% Senior Notes due June 15, 2019 [Member] | 4.40% Senior Notes due March 15, 2045 [Member] | 4.40% Senior Notes due March 15, 2045 [Member] | June 2014 Issuance [Member] | June 2014 Issuance [Member] | ||
Debt Instrument [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Debt Instrument, Face Amount | ' | ' | $1,000,000,000 | ' | $1,000,000,000 | ' | ' |
Debt Instrument, Interest Rate, Stated Percentage | ' | ' | 2.00% | ' | 4.40% | ' | ' |
Debt Instrument, Maturity Date | ' | 15-Jun-19 | ' | 15-Mar-45 | ' | ' | ' |
Debt Discount | ' | ' | 4,000,000 | ' | 15,000,000 | ' | 19,000,000 |
Debt Issuance Costs | ' | ' | ' | ' | ' | $14,000,000 | ' |
Debt Instrument, Frequency of Periodic Payment | ' | 'semi-annually on June 15 and December 15 | ' | 'semi-annually on March 15 and September 15 | ' | ' | ' |
Long-Term Debt, Redemption Price | 100.00% | ' | ' | ' | ' | ' | ' |
Debt Instrument, Change of Control, Redemption Price, Percent | 101.00% | ' | ' | ' | ' | ' | ' |
Investment_in_HD_Supply_Holdin1
Investment in HD Supply Holdings, Inc. (Narrative) (Details) (HD Supply Inc [Member], USD $) | 3 Months Ended | 6 Months Ended | |||
Aug. 03, 2014 | 4-May-14 | Aug. 03, 2014 | Feb. 02, 2014 | Jan. 31, 2010 | |
HD Supply Inc [Member] | ' | ' | ' | ' | ' |
Schedule of Cost Method Investments [Line Items] | ' | ' | ' | ' | ' |
Cost Method Investments, Common Stock Shares Owned | 11,800,000 | ' | 11,800,000 | 16,300,000 | ' |
Cost Method Investment, Ownership Percentage | 6.00% | ' | 6.00% | 8.00% | ' |
Cost Method Investments, Cost Basis | ' | ' | ' | ' | $0 |
Cost Method Investments, Realized Gains | $15,000,000 | $97,000,000 | $112,000,000 | ' | ' |
Cost Method Investments, Common Stock Shares Sold | 600,000 | 3,900,000 | ' | ' | ' |
Accelerated_Share_Repurchase_A1
Accelerated Share Repurchase Agreements (Narrative) (Details) (USD $) | 6 Months Ended | 1 Months Ended | 3 Months Ended | 3 Months Ended | |||
In Millions, unless otherwise specified | Aug. 03, 2014 | Aug. 04, 2013 | Feb. 02, 2014 | 4-May-14 | 4-May-14 | Aug. 03, 2014 | Aug. 03, 2014 |
Q1 Accelerated Share Repurchase Agreement [Member] | Q1 Accelerated Share Repurchase Agreement [Member] | Q1 Accelerated Share Repurchase Agreement [Member] | Q2 Accelerated Share Repurchase Agreement [Member] | ||||
Accelerated Share Repurchases [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Cash Paid for Repurchase of Common Stock | $3,500 | $4,346 | ' | ' | $950 | ' | $1,750 |
Number of Shares of Common Stock Repurchased pursuant to Accelerated Share Repurchase Agreement | ' | ' | ' | 2.6 | 9.5 | ' | 16.9 |
Treasury Stock, Value | 22,263 | ' | 19,194 | ' | ' | 950 | 1,320 |
Paid-In Capital | $8,217 | ' | $8,402 | ' | ' | ' | $430 |
Fair_Value_Measurements_Narrat
Fair Value Measurements (Narrative) (Details) (USD $) | Aug. 03, 2014 | Feb. 02, 2014 |
In Billions, unless otherwise specified | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Carrying value of senior notes | $16.20 | $14.20 |
Senior Notes [Member] | Fair Value, Measurements, Nonrecurring [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 | $17.80 | $15.60 |
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 $) | Aug. 03, 2014 | Feb. 02, 2014 |
In Millions, unless otherwise specified | ||
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 | 30 | 30 |
Derivative agreements - liabilities | 25 | 10 |
Total | 5 | 20 |
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 | 6 Months Ended | ||
In Millions, unless otherwise specified | Aug. 03, 2014 | Aug. 04, 2013 | Aug. 03, 2014 | Aug. 04, 2013 |
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 | 2 | 1 | 2 | 1 |
Recovered_Sheet1
Basic and Diluted Weighted Average Common Shares (Reconciliation Of Basic To Diluted Weighted Average Common Shares) (Details) | 3 Months Ended | 6 Months Ended | ||
In Millions, unless otherwise specified | Aug. 03, 2014 | Aug. 04, 2013 | Aug. 03, 2014 | Aug. 04, 2013 |
Reconciliation of Basic to Diluted Weighted Average Common Shares: | ' | ' | ' | ' |
Weighted average common shares | 1,346 | 1,434 | 1,358 | 1,452 |
Effect of potentially dilutive securities: Stock plans | 7 | 9 | 7 | 10 |
Diluted weighted average common shares | 1,353 | 1,443 | 1,365 | 1,462 |