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The Michaels Companies and its Subsidiaries (Details) (USD $)
In Millions, except Share data, unless otherwise specified
1 Months Ended 0 Months Ended
Aug. 03, 2013
Feb. 02, 2013
Jul. 28, 2012
Jul. 31, 2013
Michaels Companies, Inc.
Jul. 29, 2013
PIK Notes
item
Reorganization          
Number of shares of common stock for which rights to receive available       1  
Number of shares of common stock of which options assumed       1  
Number of shares of common stock converted into Parent common stock       118,000,000  
Shares issued 100 100 100 100  
Common Stock, par value (in dollars per share) $ 0.10 $ 0.10 $ 0.10 $ 0.10  
Principal amount of notes issued         $ 800
PIK interest rate one (as a percent)         7.50%
PIK interest rate two (as a percent)         8.25%
Number of interest payments to be paid entirely in cash         2
Proceeds from debt after discount, fees and expenses         782
Annual interest payments         60
Total interest payments         $ 301