XML 53 R38.htm IDEA: XBRL DOCUMENT v3.6.0.2
Share-Based Compensation (Tables)
 12 Months Ended
Jan. 28, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Share-Based Compensation Expense
Share-based compensation expense is as follows:
  
 
Fiscal Year
($ in millions)
 
2016
 
2015
 
2014
Stock units
 
$
61

 
$
61

 
$
86

Stock options
 
11

 
10

 
9

Employee stock purchase plan
 
4

 
5

 
5

Share-based compensation expense
 
76

 
76

 
100

Less: Income tax benefit
 
(30
)
 
(28
)
 
(37
)
Share-based compensation expense, net of tax
 
$
46

 
$
48

 
$
63
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
The fair value of stock options issued during fiscal 2016, 2015, and 2014 was estimated on the date of grant using the following assumptions:
 
 
Fiscal Year
 
 
2016
 
2015
 
2014
Expected term (in years)
 
3.7

 
3.8

 
4.4

Expected volatility
 
33.5
%
 
25.9
%
 
27.3
%
Dividend yield
 
3.5
%
 
2.2
%
 
2.1
%
Risk-free interest rate
 
1.2
%
 
1.2
%
 
1.3
%
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding and Exercisable [Table Text Block]
Information about stock options outstanding, vested or expected to vest, and exercisable as of January 28, 2017 is as follows:
 
 
Options Outstanding
 
Options Exercisable
Range of Exercise Prices
 
Number of
Shares as of
January 28, 2017
 
Weighted-
Average
Remaining
Contractual
Life (in years)
 
Weighted-
Average
Exercise Price Per Share
 
Number of
Shares as of
January 28, 2017
 
Weighted-
Average
Exercise Price Per Share
$11.77 - $23.18
 
799,993

 
6.51
 
$
19.70

 
370,193

 
$
20.73

$23.93 - $29.52
 
780,655

 
7.39
 
$
24.96

 
360,905

 
$
25.15

$30.18 - $30.18
 
3,366,560

 
8.53
 
$
30.18

 
—

 
n/a

$35.10 - $41.27
 
1,850,165

 
6.71
 
$
39.74

 
738,732

 
$
38.61

$41.67 - $46.41
 
726,663

 
5.92
 
$
42.32

 
382,590

 
$
42.32

 
 
7,524,036

 
7.50
 
$
32.05

 
1,852,420

 
$
33.18

Vested or expected to vest as of January 28, 2017
 
7,043,018

 
7.40
 
$
32.10

 
 
 
 
Stock Options [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
A summary of stock option activity under the 2016 Plan for fiscal 2016 is as follows:
 
 
Shares
 
Weighted-
Average
Exercise Price Per Share
Balance as of January 30, 2016
 
4,251,555

 
$
36.29

Granted
 
4,555,200

 
$
28.63

Exercised
 
(208,879
)
 
$
23.06

Forfeited/Expired
 
(1,073,840
)
 
$
36.10

Balance as of January 28, 2017
 
7,524,036

 
$
32.05
Additional Information About Stock Unit Activity [Table Text Block]
A summary of additional information about stock options is as follows: 
 
 
Fiscal Year
 
 
2016
 
2015
 
2014
Weighted-average fair value per share of stock options granted
 
$
5.60

 
$
6.84

 
$
8.20

Aggregate intrinsic value of stock options exercised (in millions)
 
$
1

 
$
29

 
$
63

Fair value of stock options vested (in millions)
 
$
9

 
$
10

 
$
10
Stock Units [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
A summary of Stock Unit activity under the 2016 Plan for fiscal 2016 is as follows:
 
 
Shares
 
Weighted-Average
Grant-Date
Fair Value Per Share
Balance as of January 30, 2016
 
4,353,962

 
$
36.74

Granted
 
3,300,654

 
$
26.42

Granted, with vesting subject to performance conditions
 
896,469

 
$
26.68

Vested
 
(1,701,985
)
 
$
34.38

Forfeited
 
(1,666,702
)
 
$
30.70

Balance as of January 28, 2017
 
5,182,398

 
$
31.14
Additional Information About Stock Unit Activity [Table Text Block]
A summary of additional information about Stock Units is as follows:
 
 
Fiscal Year
 
 
2016
 
2015
 
2014
Weighted-average fair value per share of Stock Units granted
 
$
26.47

 
$
37.80

 
$
40.20

Fair value of Stock Units vested (in millions)
 
$
59

 
$
77

 
$
114