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Consoldiated Statements of Comprehensive Income (USD $)
In Millions, unless otherwise specified
3 Months Ended 12 Months Ended
Feb. 02, 2013
Oct. 27, 2012
Jul. 28, 2012
Apr. 28, 2012
Jan. 28, 2012
Oct. 29, 2011
Jul. 30, 2011
Apr. 30, 2011
Feb. 02, 2013
Jan. 28, 2012
Jan. 29, 2011
Net Income $ 411 [1] $ 74 [2] $ 143 [3] $ 125 [4] $ 360 [5] $ 94 $ 231 [6] $ 165 [7] $ 753 $ 850 $ 805
Other Comprehensive Income (Loss), Net of Tax                      
Reclassification of Cash Flow Hedges to Earnings                 5 3 41
Foreign Currency Translation                 (2) (1) (1)
Unrealized Gain (Loss) on Cash Flow Hedges                 1 (3) (24)
Total Other Comprehensive Income (Loss), Net of Tax                 4 (1) 16
Total Comprehensive Income                 $ 757 $ 849 $ 821
[1] The Company utilizes the retail calendar for reporting. As such, the results for fiscal years 2012 and 2011 represent the 53-week period ended February 2, 2013 and the 52-week period ended January 28, 2012, respectively. The 2012 fourth quarter consists of a fourteen week period versus a thirteen week period in 2011.
[2] Includes the effect of the following items:(i)A pre-tax charge of $93 million related to the impairment of La Senza goodwill and other intangible assets; and(ii)A pre-tax charge of $27 million related to the impairment of Henri Bendel long-lived store assets.
[3] Includes the effect of the following items:i.A pre-tax gain of $13 million related to $13 million in cash distributions from certain of our investments in Easton; andii.A pre-tax expense of $10 million associated with the store closure initiative at La Senza.
[4] Includes $4 million of expense associated with the store closure initiative at La Senza.
[5] Includes the effect of a tax benefit of $17 million related to the favorable resolution of certain discrete income tax matters.
[6] Includes the effect of a non-taxable gain of $147 million and pre-tax expense of $113 million associated with the charitable contribution of Express, Inc. common stock to The Limited Brands Foundation.
[7] Includes the effect of the following items:(i)A pre-tax gain of $86 million related to the sale of shares of Express, Inc. common stock;(ii)A pre-tax expense of $50 million related to a pledge to The Limited Brands Foundation; and(iii)A tax benefit of $11 million related to the favorable resolution of certain discrete income tax matters.