Derivative Instruments (Tables)

6 Months Ended

Jul. 28, 2012

Summary of Derivative Instruments [Abstract]

Foreign Exchange Contracts - Balance Sheet Hedging Disclosure

The following table provides a summary of the fair value and balance sheet classification of the derivative financial instruments designated as foreign exchange cash flow hedges as of July 28, 2012, January 28, 2012 and July 30, 2011:

	July 28, 2012		January 28, 2012		July 30, 2011
	(in millions)
Other Long-term Liabilities	$	53	$	60	$	83

Foreign Exchange Contracts - Cash Flow Hedging Disclosure

The following table provides a summary of the pre-tax financial statement effect of the gains and losses on the Company’s derivative instruments designated as foreign exchange cash flow hedges for the second quarter and year-to-date 2012 and 2011:

		Second Quarter						Year-to-Date
	Location	2012			2011			2012		2011
		(in millions)
Gain (Loss) Recognized in Other Comprehensive Income (Loss)	Other Comprehensive Income (Loss)	$	10		$	2		$	7	$	(26	)
(Gain) Loss Reclassified from Accumulated Other Comprehensive Income (Loss) into Other Income (a)	Other Income	(11		)	(5		)	1		23

________________

(a) Represents reclassification of amounts from accumulated other comprehensive income to earnings to completely offset foreign currency transaction gains and losses recognized on the intercompany loans. No ineffectiveness was associated with these foreign exchange cash flow hedges.

Interest Rate Cash Flow Hedges On Balance Sheet, Disclosure

The following table provides a summary of the fair value and balance sheet classification of the derivative financial instruments designated as interest rate fair value hedges as of July 28, 2012, January 28, 2012 and July 30, 2011:

	July 28, 2012		January 28, 2012		July 30, 2011
	(in millions)
Other Assets	$	—	$	14	$	19