Investments (Tables)

3 Months Ended

May 05, 2012

Investments, Debt and Equity Securities [Abstract]

Schedule of Investments

Investments were comprised of the following:

	May 5, 2012		March 3, 2012		April 30, 2011
					(recast)
Short-term investments
U.S. Treasury bills	—		—		20
Equity and other investments
Debt securities (auction rate securities)	$	66	$	82	$	97
Marketable equity securities	3		3		147
Other investments	59		55		72
Total equity and other investments	$	128	$	140	$	316

Auction-Rate Securities

Our ARS portfolio consisted of the following, at fair value:

Description	Nature of collateral or guarantee	May 5, 2012		March 3, 2012		April 30, 2011
						(recast)
Student loan bonds	Student loans guaranteed 95% to 100% by the U.S. government	$	64	$	80	$	95
Municipal revenue bonds	100% insured by AA/Aa-rated bond insurers at May 5, 2012	2		2		2
Total fair value plus accrued interest(1)		$	66	$	82	$	97

⁽¹⁾  The par value and weighted-average interest rates (taxable equivalent) of our ARS were $71, $88 and $101, and 0.66%, 0.50% and 0.75%, respectively, at May 5, 2012, March 3, 2012, and April 30, 2011, respectively.

Investments in marketable equity securities

Our investments in marketable equity securities were as follows:

	May 5, 2012		March 3, 2012		April 30, 2011
					(recast)
Common stock of TalkTalk Telecom Group PLC	$	—	$	—	$	87
Common stock of Carphone Warehouse Group plc	—		—		60
Other	3		3		—
Total	$	3	$	3	$	147