Restructuring Charges (Tables)

6 Months Ended

Aug. 04, 2012

Restructuring and Related Activities [Abstract]

The composition of the restructuring charges we incurred in the six months ended August 4, 2012 for our fiscal 2013 restructuring activities in the Domestic segment was as follows:



	Six Months Ended August 4, 2012
Continuing operations
Property and equipment impairments	$	27
Termination benefits	81
Facility closure and other costs, net	116
Total	$	224

The composition of the restructuring charges we incurred in the six months ended August 4, 2012 and July 30, 2011, as well as the cumulative amount incurred through August 4, 2012, for our fiscal 2011 restructuring activities for both the Domestic and International segments was as follows:



	Domestic							International								Total
	Six Months Ended					Cumulative Amount through August 4, 2012		Six Months Ended						Cumulative Amount through August 4, 2012		Six Months Ended						Cumulative Amount through August 4, 2012
	August 4, 2012			July 30, 2011		Cumulative Amount through August 4, 2012		August 4, 2012			July 30, 2011			Cumulative Amount through August 4, 2012		August 4, 2012			July 30, 2011			Cumulative Amount through August 4, 2012
				(recast)							(recast)								(recast)
Continuing operations
Inventory write-downs	$	—		$	—	$	28	$	—		$	—		$	—	$	—		$	—		$	28
Property and equipment impairments	(12		)	—		3		—			(1		)	107		(12		)	(1		)	110
Termination benefits	—			—		13		—			—			—		—			—			13
Facility closure and other costs, net	—			5		4		—			—			—		—			5			4
Total	(12		)	5		48		—			(1		)	107		(12		)	4			155

Discontinued operations
Inventory write-downs	—			—		—		—			—			15		—			—			15
Property and equipment impairments	—			—		15		—			—			25		—			—			40
Termination benefits	—			—		4		—			18			19		—			18			23
Intangible asset impairments	—			—		13		—			—			—		—			—			13
Facility closure and other costs, net	3			—		3		(1		)	11			4		2			11			7
Total	3			—		35		(1		)	29			63		2			29			98
Total	$	(9	)	$	5	$	83	$	(1	)	$	28		$	170	$	(10	)	$	33		$	253

Restructuring charges incurred in the six months ended August 4, 2012 and July 30, 2011, for our fiscal 2013, fiscal 2012 and fiscal 2011 restructuring activities were as follows:



	Six Months Ended
	August 4, 2012			July 30, 2011
				(recast)
Continuing operations
Fiscal 2013 restructuring	$	224		$	—
Fiscal 2012 restructuring	6			—
Fiscal 2011 restructuring	(12		)	4
Total	218			4
Discontinued operations
Fiscal 2013 restructuring	—			—
Fiscal 2012 restructuring	3			—
Fiscal 2011 restructuring	2			29
Total (Note 3)	5			29
Total	$	223		$	33

The composition of the restructuring charges we incurred in the six months ended August 4, 2012, as well as the cumulative amount incurred through August 4, 2012, for our fiscal 2012 restructuring activities for both the Domestic and International segments was as follows:



	Domestic				International				Total
	Six Months Ended August 4, 2012		Cumulative Amount through August 4, 2012		Six Months Ended August 4, 2012		Cumulative Amount through August 4, 2012		Six Months Ended August 4, 2012		Cumulative Amount through August 4, 2012
Continuing operations
Property and equipment impairments	$	1	$	17	$	—	$	15	$	1	$	32
Termination benefits	—		1		—		—		—		1
Facility closure and other costs, net	5		5		—		—		5		5
Total	6		23		—		15		6		38

Discontinued operations
Inventory write-downs	—		—		—		11		—		11
Property and equipment impairments	—		—		—		96		—		96
Termination benefits	—		—		1		17		1		17
Facility closure and other costs, net	—		—		2		84		2		84
Total	—		—		3		208		3		208
Total	$	6	$	23	$	3	$	223	$	9	$	246

Restructuring accrual activity

The following table summarizes our restructuring accrual activity during the five months ended August 4, 2012 related to termination benefits and facility closure and other costs associated with our 2013 restructuring activities:



	Termination Benefits			Facility Closure and Other Costs			Total
Balance at March 3, 2012	$	—		$	—		$	—
Charges	107			116			223
Cash payments	(35		)	(2		)	(37		)
Adjustments	(27		)	(6		)	(33		)
Balance at August 4, 2012	$	45		$	108		$	153



	Termination Benefits			Facility Closure and Other Costs⁽¹⁾			Total
Balance at March 3, 2012	$	17		$	85		$	102
Charges	1			2			3
Cash payments	(17		)	(77		)	(94		)
Adjustments	—			34			34
Changes in foreign currency exchange rates	—			2			2
Balance at August 4, 2012	$	1		$	46		$	47


⁽¹⁾	Included within the adjustments to facility closure and other costs is $34 from the first quarter of fiscal 2013, representing an adjustment to exclude non-cash charges or benefits, which had no impact on our Condensed Consolidated Statements of Earnings and Comprehensive Income in the first quarter of fiscal 2013.

The following tables summarize our restructuring accrual activity during the five months ended August 4, 2012 and July 30, 2011, related to termination benefits and facility closure and other costs associated with our 2011 restructuring activities:



	Termination Benefits			Facility Closure and Other Costs⁽¹⁾			Total
Balance at February 26, 2011	$	28		$	13		$	41
Charges	6			—			6
Cash payments	(24		)	(8		)	(32		)
Adjustments	(3		)	8			5
Changes in foreign currency exchange rates	—			1			1
Balance at July 30, 2011 (recast)	$	7		$	14		$	21


⁽¹⁾	Included within the adjustments to facility closure and other costs is $10 from the first quarter of fiscal 2011, representing an adjustment to exclude non-cash charges or benefits, which had no impact on our Condensed Consolidated Statements of Earnings and Comprehensive Income in the first quarter of fiscal 2012.



	Termination Benefits			Facility Closure and Other Costs			Total
Balance at March 3, 2012	$	3		$	9		$	12
Charges	—			—			—
Cash payments	(2		)	(3		)	(5		)
Adjustments	(1		)	(1		)	(2		)
Balance at August 4, 2012	$	—		$	5		$	5

- Definition

Tabular disclosure of restructuring and related costs by type of restructuring including the description of the restructuring costs, such as the expected cost; the costs incurred during the period; the cumulative costs incurred as of the balance sheet date; the income statement caption within which the restructuring charges recognized for the period are included; and changes to an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost.

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- Definition

Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period.

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