Document and Entity Information
| Document and Entity Information - shares | 3 Months Ended | |
| Apr. 30, 2016 | May. 28, 2016 | |
| Document and Entity Information [Abstract] | ||
| Entity Registrant Name | KOHLS CORP | |
| Entity Central Index Key | 885,639 | |
| Current Fiscal Year End Date | --01-28 | |
| Entity Filer Category | Large Accelerated Filer | |
| Trading Symbol | KSS | |
| Document Type | 10-Q | |
| Document Period End Date | Apr. 30, 2016 | |
| Document Fiscal Year Focus | 2,016 | |
| Document Fiscal Period Focus | Q1 | |
| Amendment Flag | false | |
| Entity Common Stock, Shares Outstanding | 183,709,242 |
CONSOLIDATED BALANCE SHEETS
| CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Apr. 30, 2016 | Jan. 30, 2016 | May. 02, 2015 |
| Current assets: | |||
| Cash and cash equivalents | $ 423 | $ 707 | $ 1,195 |
| Merchandise inventories | 4,084 | 4,038 | 4,165 |
| Other | 348 | 331 | 338 |
| Total current assets | 4,855 | 5,076 | 5,698 |
| Property and equipment, net | 8,230 | 8,308 | 8,518 |
| Long-term investments | 2,800 | 2,800 | 3,100 |
| Other assets | 219 | 222 | 237 |
| Total assets | 13,304 | 13,606 | 14,453 |
| Current liabilities: | |||
| Accounts payable | 1,346 | 1,251 | 1,645 |
| Accrued liabilities | 1,126 | 1,206 | 1,140 |
| Income taxes payable | 48 | 130 | 87 |
| Current portion of capital lease and financing obligations | 127 | 127 | 113 |
| Total current liabilities | 2,647 | 2,714 | 2,985 |
| Long-term debt | 2,793 | 2,792 | 2,780 |
| Capital lease and financing obligations | 1,770 | 1,789 | 1,840 |
| Deferred income taxes | 239 | 257 | 275 |
| Other long-term liabilities | 558 | 563 | 556 |
| Shareholders’ equity: | |||
| Common stock | 4 | 4 | 4 |
| Paid-in capital | 2,961 | 2,944 | 2,897 |
| Treasury stock, at cost | (9,906) | (9,769) | (8,909) |
| Accumulated other comprehensive loss | (16) | (17) | (19) |
| Retained earnings | 12,254 | 12,329 | 12,044 |
| Total shareholders’ equity | 5,297 | 5,491 | 6,017 |
| Total liabilities and shareholders’ equity | $ 13,304 | $ 13,606 | $ 14,453 |
CONSOLIDATED STATEMENTS OF INCO
| CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Millions | 3 Months Ended | |
| Apr. 30, 2016 | May. 02, 2015 | |
| Net sales | $ 3,972 | $ 4,123 |
| Cost of merchandise sold | 2,560 | 2,600 |
| Gross margin | 1,412 | 1,523 |
| Operating expenses: | ||
| Selling, general and administrative | 1,008 | 1,016 |
| Depreciation and amortization | 234 | 227 |
| Impairments, store closing and other costs | 64 | 0 |
| Operating income | 106 | 280 |
| Interest expense, net | 79 | 84 |
| Income before income taxes | 27 | 196 |
| Provision for income taxes | 10 | 69 |
| Net income | $ 17 | $ 127 |
| Net income per share: | ||
| Basic (in dollars per share) | $ 0.09 | $ 0.64 |
| Diluted (in dollars per share) | 0.09 | 0.63 |
| Dividends declared and paid per share | $ 0.50 | $ 0.45 |
CONSOLIDATED STATEMENT OF CHANG
| CONSOLIDATED STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($) shares in Millions, $ in Millions | Total | Common Stock | Paid-In Capital | Treasury Stock | Accumulated Other Comprehensive Income (Loss) | Retained Earnings [Member] |
| Long-term Debt, Fair Value | $ 2,800 | |||||
| Beginning Balance (in shares) at Jan. 30, 2016 | 370 | (184) | ||||
| Beginning Balance at Jan. 30, 2016 | 5,491 | $ 4 | $ 2,944 | $ (9,769) | $ (17) | $ 12,329 |
| Comprehensive income (loss) | 18 | 1 | ||||
| Net income | 17 | 17 | ||||
| Stock options and awards, (in shares) | 2 | 0 | ||||
| Stock options and awards | 5 | 17 | ||||
| Stock Issued During Period, Value, Stock Options Exercised | $ (12) | |||||
| Dividends paid ($0.50 per common share) | (91) | 0 | $ 1 | (92) | ||
| Treasury stock purchases, (in shares) | (3) | |||||
| Treasury stock purchases | (126) | $ (126) | ||||
| Ending Balance (in shares) at Apr. 30, 2016 | 372 | (187) | ||||
| Ending Balance at Apr. 30, 2016 | 5,297 | $ 4 | $ 2,961 | $ (9,906) | $ (16) | $ 12,254 |
| Long-term Debt, Fair Value | $ 2,800 |
CONSOLIDATED STATEMENT OF CHAN5
| CONSOLIDATED STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY (Parenthetical) - $ / shares shares in Millions | 3 Months Ended | |
| Apr. 30, 2016 | May. 02, 2015 | |
| Dividends declared and paid per share | $ 0.50 | $ 0.45 |
| Treasury Stock | ||
| Stock Issued During Period Shares Stock Options Exercised And Restricted Stock Grants | 0 | |
CONSOLIDATED STATEMENTS OF CASH
| CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions | 3 Months Ended | |
| Apr. 30, 2016 | May. 02, 2015 | |
| Operating activities | ||
| Net income | $ 17 | $ 127 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation and amortization | 234 | 227 |
| Share-based compensation | 12 | 14 |
| Excess tax benefits from share-based compensation | 0 | (9) |
| Deferred income taxes | (18) | (23) |
| Other non-cash revenues and expenses | 7 | 10 |
| Impairments, store closing and other costs | 64 | 0 |
| Changes in operating assets and liabilities: | ||
| Merchandise inventories | (44) | (349) |
| Other current and long-term assets | (15) | 28 |
| Accounts payable | 95 | 134 |
| Accrued and other long-term liabilities | (125) | (69) |
| Income taxes | (87) | 12 |
| Net cash provided by operating activities | 140 | 102 |
| Investing activities | ||
| Acquisition of property and equipment | (177) | (176) |
| Other | 3 | 1 |
| Net cash used in investing activities | (174) | (175) |
| Financing activities | ||
| Treasury stock purchases | (126) | (147) |
| Shares withheld for taxes on vested restricted shares | (12) | (18) |
| Dividends paid | (91) | (90) |
| Capital lease and financing obligation payments | (31) | (27) |
| Proceeds from stock option exercises | 6 | 134 |
| Excess tax benefits from share-based compensation | 0 | 9 |
| Proceeds from financing obligations | 4 | 0 |
| Net cash used in financing activities | (250) | (139) |
| Net decrease in cash and cash equivalents | (284) | (212) |
| Cash and cash equivalents at beginning of period | 707 | 1,407 |
| Cash and cash equivalents at end of period | 423 | 1,195 |
| Supplemental information | ||
| Interest paid, net of capitalized interest | 50 | 63 |
| Income taxes paid | 126 | 84 |
| Non-cash investing and financing activities | ||
| Property and equipment acquired through additional liabilities | $ 9 | $ 10 |
Basis of Presentation
| Basis of Presentation | 3 Months Ended |
| Apr. 30, 2016 | |
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
| Business and Summary of Accounting Policies | Basis of Presentation The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States for interim financial information. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for fiscal year end consolidated financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. For further information, refer to the consolidated financial statements and related footnotes included in our Annual Report on Form 10-K for the fiscal year ended January 30, 2016 (Commission File No. 1-11084) as filed with the Securities and Exchange Commission on March 18, 2016. Due to the seasonality of our business, results for any quarter are not necessarily indicative of the results that may be achieved for a full fiscal year. We operate as a single business unit. In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2014-09, "Revenue from Contracts with Customers (Topic 606)", which supersedes the revenue recognition requirements in Accounting Standards Codification ("ASC") No. 605, "Revenue Recognition". In August 2015, the FASB issued ASU 2015-14, "Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date", which defers the effective date of ASU 2014-09 for all entities by one year. The original ASU is based on the principle that revenue is recognized to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. This ASU is effective in the first quarter of 2018. It will change the way we account for sales returns, our loyalty program and certain promotional programs. Based on current estimates, we do not expect this ASU to have a material impact on our financial statements and, therefore, we expect to use the modified retrospective method to adopt the standard. In February 2016, the FASB issued ASU No. 2016-02, "Leases (Topic 842)". The core principle of the standard is that a lessee should recognize the assets and liabilities that arise from leases. A lessee should recognize in its statement of financial position a liability to make lease payments (the lease liability) and a right-of-use asset representing its right to use the underlying asset for the lease term. We will be required to adopt the new standard in the first quarter of 2019. We are currently evaluating the impact this new standard will have on our financial statements. During 2015, we adopted ASU No. 2015-03, "Simplifying the Presentation of Debt Issuance Costs (Subtopic 835-30)" which requires us to present debt issuance costs on the balance sheet as a direct deduction from the related debt liability rather than as an asset. We also adopted ASU No. 2015-17, "Balance Sheet Classification of Deferred Taxes (Topic 740)" which requires us to present deferred tax liabilities and assets as non-current in our balance sheet and corrected the presentation of certain other tax assets and liabilities. The following table summarizes changes to our May 2, 2015 balance sheet: (Dollars in Millions) Prior Classification Current Classification Debt issuance costs Other current and long-term assets Long-term debt $ 13 Deferred taxes Current deferred tax asset Long-term deferred tax liability 129 Deferred taxes Long-term deferred tax liability Other long-term assets 32 Deferred taxes Other long-term liabilities Long-term deferred tax liability 14 |
Debt
| Debt | 3 Months Ended |
| Apr. 30, 2016 | |
| Debt [Abstract] | |
| Debt | Debt Long-term debt consists of the following unsecured senior debt: April 30, 2016 Outstanding Maturity Effective Rate Coupon Rate Outstanding January 30, 2016 May 2, 2015 (Dollars in Millions) 2021 4.81 % 4.00 % $ 650 $ 650 $ 650 2023 3.25 % 3.25 % 350 350 350 2023 4.78 % 4.75 % 300 300 300 2025 4.25 % 4.25 % 650 650 — 2029 7.36 % 7.25 % 99 99 200 2033 6.05 % 6.00 % 166 166 300 2037 6.89 % 6.88 % 150 150 350 2045 5.57 % 5.55 % 450 450 — 2017 — — — — 650 4.88 % 2,815 2,815 2,800 Unamortized debt discount (5 ) (5 ) (7 ) Deferred financing costs (17 ) (18 ) (13 ) Long-term debt $ 2,793 $ 2,792 $ 2,780 ASC No. 820, "Fair Value Measurements and Disclosures", requires fair value measurements be classified in various pricing categories. Our long-term debt is classified as Level 1, financial instruments with unadjusted, quoted prices listed on active market exchanges. The estimated fair value of our long-term debt was $2.8 billion at both April 30, 2016 and January 30, 2016 and $3.1 billion at May 2, 2015. |
Stock-Based Compensation
| Stock-Based Compensation | 3 Months Ended |
| Apr. 30, 2016 | |
| Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | |
| Disclosure of Compensation Related Costs, Share-based Payments [Text Block] | Stock-Based Compensation The following table summarizes our stock-based compensation activity for the three months ended April 30, 2016 : Stock Options Nonvested Stock Awards Performance Share Units (Shares and Units in Thousands) Shares Weighted Average Exercise Price Shares Weighted Average Grant Date Fair Value Units Weighted Average Grant Date Fair Value Balance at beginning of period 3,076 $ 52.65 2,211 $ 57.37 347 $ 67.53 Granted — — 1,132 46.97 4 67.47 Exercised/vested (145 ) 41.82 (646 ) 56.61 — — Forfeited/expired (127 ) 58.47 (113 ) 55.95 (32 ) 67.98 Balance at end of period 2,804 $ 52.94 2,584 $ 53.06 319 $ 67.49 |
Contingencies
| Contingencies | 3 Months Ended |
| Apr. 30, 2016 | |
| Commitments and Contingencies Disclosure [Abstract] | |
| Contingencies | Contingencies We are subject to certain legal proceedings and claims arising out of the conduct of our business. In the opinion of management, the outcome of these proceedings and litigation will not have a material adverse impact on our consolidated financial statements. |
Net Income Per Section
| Net Income Per Section | 3 Months Ended |
| Apr. 30, 2016 | |
| Net Income Per Section [Abstract] | |
| Earnings Per Share | Net Income Per Share The following table summarizes our basic and diluted net income per share calculations: Three Months Ended (Dollar and Shares in Millions) April 30, May 2, Numerator—Net income $ 17 $ 127 Denominator—Weighted average shares: Basic 183 200 Impact of dilutive stock-based awards 1 2 Diluted 184 202 Antidilutive shares 4 — |
Debt (Tables)
| Debt (Tables) | 3 Months Ended |
| Apr. 30, 2016 | |
| Debt Disclosure [Abstract] | |
| Components of long-term debt | Long-term debt consists of the following unsecured senior debt: April 30, 2016 Outstanding Maturity Effective Rate Coupon Rate Outstanding January 30, 2016 May 2, 2015 (Dollars in Millions) 2021 4.81 % 4.00 % $ 650 $ 650 $ 650 2023 3.25 % 3.25 % 350 350 350 2023 4.78 % 4.75 % 300 300 300 2025 4.25 % 4.25 % 650 650 — 2029 7.36 % 7.25 % 99 99 200 2033 6.05 % 6.00 % 166 166 300 2037 6.89 % 6.88 % 150 150 350 2045 5.57 % 5.55 % 450 450 — 2017 — — — — 650 4.88 % 2,815 2,815 2,800 Unamortized debt discount (5 ) (5 ) (7 ) Deferred financing costs (17 ) (18 ) (13 ) Long-term debt $ 2,793 $ 2,792 $ 2,780 |
Stock-Based Compensation (Table
| Stock-Based Compensation (Tables) | 3 Months Ended |
| Apr. 30, 2016 | |
| Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | |
| Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block] | The following table summarizes our stock-based compensation activity for the three months ended April 30, 2016 : Stock Options Nonvested Stock Awards Performance Share Units (Shares and Units in Thousands) Shares Weighted Average Exercise Price Shares Weighted Average Grant Date Fair Value Units Weighted Average Grant Date Fair Value Balance at beginning of period 3,076 $ 52.65 2,211 $ 57.37 347 $ 67.53 Granted — — 1,132 46.97 4 67.47 Exercised/vested (145 ) 41.82 (646 ) 56.61 — — Forfeited/expired (127 ) 58.47 (113 ) 55.95 (32 ) 67.98 Balance at end of period 2,804 $ 52.94 2,584 $ 53.06 319 $ 67.49 |
Net Income Per Section Net Inco
| Net Income Per Section Net Income Per Section (Tables) | 3 Months Ended |
| Apr. 30, 2016 | |
| Net Income Per Section [Abstract] | |
| Basic and diluted net income per share calculation | The following table summarizes our basic and diluted net income per share calculations: Three Months Ended (Dollar and Shares in Millions) April 30, May 2, Numerator—Net income $ 17 $ 127 Denominator—Weighted average shares: Basic 183 200 Impact of dilutive stock-based awards 1 2 Diluted 184 202 Antidilutive shares 4 — |
Basis of Presentation (Narrativ
| Basis of Presentation (Narrative) (Details) - USD ($) $ in Millions | Apr. 30, 2016 | Jan. 30, 2016 | May. 02, 2015 |
| Basis of Presentation (Narrative) [Abstract] | |||
| Debt Issuance Cost Reclass | $ 13 | ||
| Deferred Finance Costs, Net | $ 17 | $ 18 | 13 |
| Deferred Tax Reclass | 129 | ||
| Deferred Tax Asset Reclass | 32 | ||
| FIN 48 Reclass | $ 14 |
Debt - Components of Long Term
| Debt - Components of Long Term Debt (Details) - USD ($) $ in Millions | Apr. 30, 2016 | Jan. 30, 2016 | May. 02, 2015 |
| Debt Instrument [Line Items] | |||
| Long-term Debt, Fair Value | $ 2,800 | $ 2,800 | $ 3,100 |
| Unamortized debt discount | 5 | 5 | 7 |
| Deferred Finance Costs, Net | (17) | (18) | (13) |
| Long-term debt | $ 2,793 | 2,792 | 2,780 |
| Senior Notes | |||
| Debt Instrument [Line Items] | |||
| Effective Rate | 5.00% | ||
| Total senior debt | $ 2,815 | 2,815 | 2,800 |
| Senior Notes | Senior Notes Due 2017 | |||
| Debt Instrument [Line Items] | |||
| Effective Rate | 0.00% | ||
| Debt Instrument, Interest Rate, Stated Percentage | 0.00% | ||
| Total senior debt | $ 0 | 0 | 650 |
| Senior Notes | Senior Notes Due Two Thousand And Twenty One [Member] | |||
| Debt Instrument [Line Items] | |||
| Effective Rate | 5.00% | ||
| Debt Instrument, Interest Rate, Stated Percentage | 4.00% | ||
| Total senior debt | $ 650 | 650 | 650 |
| Senior Notes | Senior Notes Due 2023 | |||
| Debt Instrument [Line Items] | |||
| Effective Rate | 3.00% | ||
| Debt Instrument, Interest Rate, Stated Percentage | 3.00% | ||
| Total senior debt | $ 350 | 350 | 350 |
| Senior Notes | Senior Notes Due Twenty Twenty Three [Member] | |||
| Debt Instrument [Line Items] | |||
| Effective Rate | 5.00% | ||
| Debt Instrument, Interest Rate, Stated Percentage | 5.00% | ||
| Total senior debt | $ 300 | 300 | 300 |
| Senior Notes | Senior Notes Due Twenty Twenty Five [Member] | |||
| Debt Instrument [Line Items] | |||
| Effective Rate | 4.00% | ||
| Debt Instrument, Interest Rate, Stated Percentage | 4.00% | ||
| Total senior debt | $ 650 | 650 | 0 |
| Senior Notes | Senior Notes Due 2029 | |||
| Debt Instrument [Line Items] | |||
| Effective Rate | 7.00% | ||
| Debt Instrument, Interest Rate, Stated Percentage | 7.00% | ||
| Total senior debt | $ 99 | 99 | 200 |
| Senior Notes | Senior Notes Due 2033 | |||
| Debt Instrument [Line Items] | |||
| Effective Rate | 6.00% | ||
| Debt Instrument, Interest Rate, Stated Percentage | 6.00% | ||
| Total senior debt | $ 166 | 166 | 300 |
| Senior Notes | Senior Notes Due 2037 | |||
| Debt Instrument [Line Items] | |||
| Effective Rate | 7.00% | ||
| Debt Instrument, Interest Rate, Stated Percentage | 7.00% | ||
| Total senior debt | $ 150 | 150 | 350 |
| Senior Notes | Senior Notes Due 2045 | |||
| Debt Instrument [Line Items] | |||
| Effective Rate | 6.00% | ||
| Debt Instrument, Interest Rate, Stated Percentage | 6.00% | ||
| Total senior debt | $ 450 | $ 450 | $ 0 |
Fair Value Measurements (Narrat
| Fair Value Measurements (Narrative) (Details) - USD ($) $ in Millions | Apr. 30, 2016 | Jan. 30, 2016 | May. 02, 2015 | Jan. 31, 2015 |
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||
| Cash and Cash Equivalents, at Carrying Value | $ 423 | $ 707 | $ 1,195 | $ 1,407 |
| Long-term Debt, Excluding Current Maturities | 2,793 | 2,792 | 2,780 | |
| Long Term Investments Fair Value | $ 2,800 | $ 2,800 | $ 3,100 |
Stock-Based Compensation - Summ
| Stock-Based Compensation - Summary of Stock Based Compensation Grants (Details) - $ / shares shares in Thousands | 3 Months Ended | |
| Apr. 30, 2016 | Jan. 30, 2016 | |
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||
| Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number | 2,584 | 2,211 |
| Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Number of Outstanding Options | 3,076 | |
| Restricted shares and units granted, excluding shares earned in lieu of cash dividends | 1,132 | |
| Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value | $ 46.97 | |
| Granted performance restricted share units | 4 | |
| Performance Restricted Shares Fair Value, Granted | $ 67.47 | |
| Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Outstanding Options, Weighted Average Exercise Price | $ 52.65 | |
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period | 145 | |
| Share-based Compensation Arrangements by Share-based Payment Award, Options, Exercises in Period, Weighted Average Exercise Price | $ 41.82 | |
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures in Period | 127 | |
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number | 2,804 | |
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price | $ 52.94 | |
| Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value | $ 53.06 | $ 57.37 |
| Performance restricted shares units, beginning | 347 | |
| Performance Restricted Shares, Fair Value Beginning | $ 67.53 | |
| Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period | 646 | |
| Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Weighted Average Grant Date Fair Value | $ 56.61 | |
| Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period | 113 | |
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested Options Forfeited, Weighted Average Grant Date Fair Value | $ 55.95 | |
| Forfeited performance restricted share units | (32) | |
| Performance Restricted Shares Fair Value, Forfeited | $ 67.98 | |
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures and Expirations in Period, Weighted Average Exercise Price | $ 58.47 | |
| Performance restricted shares units, ending | 319 | |
| Performance Restricted Shares, Fair Value Ending | $ 67.49 |
Stock-Based Compensation Perfor
| Stock-Based Compensation Performance Share Unit Activity (Details) - $ / shares shares in Thousands | 3 Months Ended | |
| Apr. 30, 2016 | Jan. 30, 2016 | |
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||
| Performance Restricted Shares, Fair Value Beginning | $ 67.53 | |
| Granted performance restricted share units | 4 | |
| Performance Restricted Shares Fair Value, Granted | $ 67.47 | |
| Forfeited performance restricted share units | (32) | |
| Performance Restricted Shares Fair Value, Forfeited | $ 67.98 | |
| Performance restricted shares units, ending | 319 | |
| Performance Restricted Shares, Fair Value Ending | $ 67.49 |
Net Income Per Section Net In20
| Net Income Per Section Net Income Per Section (Details) - USD ($) shares in Millions, $ in Millions | 3 Months Ended | |
| Apr. 30, 2016 | May. 02, 2015 | |
| Net Income Per Section [Abstract] | ||
| Net income | $ 17 | $ 127 |
| Basic | 183 | 200 |
| Impact of dilutive stock-based awards | 1 | 2 |
| Diluted | 184 | 202 |
| Antidilutive shares | 4 | 0 |
Store Closures (Details)
| Store Closures (Details) - USD ($) | 3 Months Ended | ||
| Apr. 30, 2016 | May. 02, 2015 | Jul. 30, 2016 | |
| Restructuring Cost and Reserve [Line Items] | |||
| Restructuring and Related Cost, Incurred Cost | $ 53,000,000 | ||
| Severance and other store closure costs | 11,000,000 | ||
| Impairments, store closing and other costs | $ 64,000,000 | $ 0 | |
| Minimum [Member] | |||
| Restructuring Cost and Reserve [Line Items] | |||
| Restructuring and Related Cost, Expected Cost | $ 105 | ||
| Minimum [Member] | |||
| Restructuring Cost and Reserve [Line Items] | |||
| Restructuring and Related Cost, Expected Cost | $ 110 | ||