TAXES BASED ON INCOME (Tables)

12 Months Ended

Jan. 30, 2016

TAXES BASED ON INCOME

Schedule of provision for income taxes

	2015		2014			2013
Federal
Current	$	723	$	847		$	638
Deferred	266		(15		)	81
Subtotal federal	989		832			719
State and local
Current	37		59			42
Deferred	19		11			(10		)
Subtotal state and local	56		70			32
Total	$	1,045	$	902		$	751

Schedule of reconciliation of the statutory federal rate and the effective rate

	2015		2014		2013
Statutory rate	35.0	%	35.0	%	35.0	%
State income taxes, net of federal tax benefit	1.2	%	1.7	%	0.9	%
Credits	(1.2	)%	(1.2	)%	(1.3	)%
Favorable resolution of issues	(0.2	)%	(0.4	)%		%
Domestic manufacturing deduction	(0.7	)%	(0.7	)%	(1.1	)%
Other changes, net	(0.3	)%	(0.3	)%	(0.6	)%
	33.8	%	34.1	%	32.9	%

Schedule of significant temporary differences that comprise tax balances

	2015			2014
Current deferred tax assets:
Net operating loss and credit carryforwards	$	10		$	5
Compensation related costs	83			88
Other	61			14
Subtotal	154			107
Valuation allowance	(9		)	(7		)
Total current deferred tax assets	145			100
Current deferred tax liabilities:
Insurance related costs	(56		)	(99		)
Inventory related costs	(310		)	(288		)
Total current deferred tax liabilities	(366		)	(387		)
Current deferred taxes	$	(221	)	$	(287	)
Long-term deferred tax assets:
Compensation related costs	$	709		$	721
Lease accounting	106			129
Closed store reserves	57			50
Insurance related costs	29			77
Net operating loss and credit carryforwards	128			115
Other	17			2
Subtotal	1,046			1,094
Valuation allowance	(43		)	(42		)
Total long-term deferred tax assets	1,003			1,052
Long-term deferred tax liabilities:
Depreciation and amortization	(2,755		)	(2,261		)
Total long-term deferred tax liabilities	(2,755		)	(2,261		)
Long-term deferred taxes	$	(1,752	)	$	(1,209	)

Schedule of reconciliation of beginning and ending amounts of unrecognized tax benefits

	2015			2014			2013
Beginning balance	$	246		$	325		$	299
Additions based on tax positions related to the current year	11			17			23
Reductions based on tax positions related to the current year	(11		)	(6		)	(10		)
Additions for tax positions of prior years	4			9			17
Reductions for tax positions of prior years	(27		)	(36		)	(4		)
Settlements	(17		)	(63		)	
Lapse of statute	(2		)				
Ending balance	$	204		$	246		$	325