Investments (Tables)

6 Months Ended

Aug. 04, 2012

Investments, Debt and Equity Securities [Abstract]

Schedule of Investments

Investments were comprised of the following:

	August 4, 2012		March 3, 2012		July 30, 2011
					(recast)
Short-term investments
U.S. Treasury bills	$	—	$	—	$	80
Equity and other investments
Debt securities (auction rate securities)	22		82		91
Marketable equity securities	3		3		150
Other investments	66		55		75
Total equity and other investments	$	91	$	140	$	316

Auction-Rate Securities

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

Description	Nature of collateral or guarantee	August 4, 2012		March 3, 2012		July 30, 2011
						(recast)
Student loan bonds	Student loans guaranteed 95% to 100% by the U.S. government	$	20	$	80	$	89
Municipal revenue bonds	100% insured by AA/Aa-rated bond insurers at August 4, 2012	2		2		2
Total fair value plus accrued interest(1)		$	22	$	82	$	91

⁽¹⁾  The par value and weighted-average interest rates (taxable equivalent) of our ARS were $24, $88 and $93, and 0.69%, 0.50% and 0.32%, respectively, at August 4, 2012, March 3, 2012 and July 30, 2011, respectively.

Investments in marketable equity securities

Our investments in marketable equity securities were as follows:

	August 4, 2012		March 3, 2012		July 30, 2011
					(recast)
Common stock of TalkTalk Telecom Group PLC	$	—	$	—	$	88
Common stock of Carphone Warehouse Group plc	—		—		61
Other	3		3		1
Total	$	3	$	3	$	150