Segment Reporting

3 Months Ended

May 02, 2015

Segment Reporting [Abstract]

Segment Reporting

SEGMENT REPORTING

The following tables set forth information for our reportable segments:

	Retail		Corporate/Other			Total Retail Business1			Credit			Total
Quarter Ended May 2, 2015
Net sales	$	3,191	$	(76	)	$	3,115		$	—		$	3,115
Credit card revenues	—		—			—			100			100
Earnings (loss) before interest and income taxes	286		(89		)	197			48			245
Interest expense, net	—		(28		)	(28		)	(5		)	(33		)
Earnings (loss) before income taxes	286		(117		)	169			43			212
Goodwill	447		—			447			—			447
Assets2	5,414		1,746			7,160			2,402			9,562
Quarter Ended May 3, 2014
Net sales	$	2,910	$	(73	)	$	2,837		$	—		$	2,837
Credit card revenues	—		—			—			94			94
Earnings (loss) before interest and income taxes	310		(86		)	224			41			265
Interest expense, net	—		(31		)	(31		)	(4		)	(35		)
Earnings (loss) before income taxes	310		(117		)	193			37			230
Goodwill	175		—			175			—			175
Assets2	4,624		1,789			6,413			2,220			8,633

¹ Total Retail Business is not a reportable segment, but represents a subtotal of the Retail segment and Corporate/Other, and is consistent with our presentation in Management's Discussion and Analysis of Financial Condition and Results of Operations.

² Assets in Corporate/Other include unallocated assets in corporate headquarters, consisting primarily of cash, land, property and equipment and deferred tax assets.

The following table summarizes net sales within our reportable segments:

	Quarter Ended
	May 2, 2015			May 3, 2014
Nordstrom full-line stores - U.S.	$	1,699		$	1,683
Nordstrom.com	480			401
Nordstrom	2,179			2,084
Nordstrom Rack	831			741
Nordstromrack.com/HauteLook	117			78
Other retail1	64			7
Total Retail segment	3,191			2,910
Corporate/Other	(76		)	(73		)
Total net sales	$	3,115		$	2,837

¹ Other retail includes Trunk Club, our Nordstrom Canada full-line stores and Jeffrey boutiques.