Accounts Receivable (Tables)

6 Months Ended

Aug. 03, 2013

Accounts Receivable, Net [Abstract]

Components Of Accounts Receivable

The components of accounts receivable are as follows:

	August 3, 2013			February 2, 2013			July 28, 2012
Credit card receivables:
Nordstrom VISA credit card receivables	$	1,419		$	1,348		$	1,418
Nordstrom private label card receivables	932			794			876
Total credit card receivables	2,351			2,142			2,294
Allowance for credit losses	(85		)	(85		)	(105		)
Credit card receivables, net	2,266			2,057			2,189
Other accounts receivable1	103			72			108
Accounts receivable, net	$	2,369		$	2,129		$	2,297

¹Other accounts receivable consist primarily of third party credit and debit card receivables.

Activity In The Allowance For Credit Losses

Activity in the allowance for credit losses is as follows:

	Quarter Ended						Six Months Ended
	August 3, 2013			July 28, 2012			August 3, 2013			July 28, 2012
Allowance at beginning of period	$	85		$	105		$	85		$	115
Bad debt provision	16			22			30			31
Write-offs	(21		)	(28		)	(42		)	(54		)
Recoveries	5			6			12			13
Allowance at end of period	$	85		$	105		$	85		$	105

Aging And Delinquency Status Of Credit Card Receivables

The following table illustrates the aging and delinquency status of our credit card receivables:

	August 3, 2013				February 2, 2013				July 28, 2012
	Balance		% of total		Balance		% of total		Balance		% of total
Current	$	2,241	95.3	%	$	2,018	94.2	%	$	2,166	94.4	%
1 – 29 days delinquent	74		3.2	%	84		3.9	%	84		3.7	%
30 days or more delinquent:
30 – 59 days delinquent	14		0.6	%	15		0.7	%	18		0.7	%
60 – 89 days delinquent	9		0.4	%	10		0.5	%	11		0.5	%
90 days or more delinquent	13		0.5	%	15		0.7	%	15		0.7	%
Total 30 days or more delinquent	36		1.5	%	40		1.9	%	44		1.9	%
Total credit card receivables	$	2,351	100.0	%	$	2,142	100.0	%	$	2,294	100.0	%
Receivables not accruing finance charges	$	10			$	11			$	10
Receivables 90 days or more delinquent and still accruing finance charges	$	7			$	8			$	9

Distributions Of Credit Card Receivables Across FICO Score Ranges

The following table illustrates the distribution of our credit card receivables across FICO score ranges:

	August 3, 2013				February 2, 2013				July 28, 2012
FICO Score Range1	Balance		% of total		Balance		% of total		Balance		% of total
801+	$	430	18.3	%	$	310	14.5	%	$	441	19.2	%
660 – 800	1,455		61.9	%	1,366		63.8	%	1,419		61.8	%
001 – 659	367		15.6	%	379		17.7	%	366		16.0	%
Other2	99		4.2	%	87		4.0	%	68		3.0	%
Total credit card receivables	$	2,351	100.0	%	$	2,142	100.0	%	$	2,294	100.0	%

¹Credit scores for our credit cardholders are updated at least every 60 days for active accounts and every 90 days for inactive accounts. Amounts listed in the table reflect the most recently obtained credit scores as of the dates indicated.

²Other consists of amounts not yet posted to customers' accounts and receivables from customers for whom FICO scores are temporarily unavailable.