Discontinued Operations (Tables)

12 Months Ended

Jan. 31, 2015

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Schedule of Assets and Liabilities Held-for-Sale [Table Text Block]

The composition of assets and liabilities held for sale as of January 31, 2015, was as follows ($ in millions):

	January 31, 2015
Cash and cash equivalents	$	194
Merchandise inventories	264
Other current assets	226
Net property and equipment	130
Other assets	37
Total assets	$	851
Accounts payable	$	452
Other current liabilities	133
Long-term liabilities	18
Total liabilities	$	603

Disposal Groups, Including Discontinued Operations [Table Text Block]

The aggregate financial results of all discontinued operations for fiscal 2015, 2014 and 2013 (11-month) were as follows ($ in millions):

	12-Month						11-Month
	2015			2014			2013
Revenue	$	1,564		$	4,615		$	6,834
Restructuring charges(1)	18			110			34
Loss from discontinued operations before income tax benefit(2)	(12		)	(235		)	(187		)
Income tax benefit(3)	—			31			30
Gain on sale of discontinued operations(4)	1			32			—
Equity in loss of affiliates	—			—			(4		)
Net loss from discontinued operations including noncontrolling interests	(11		)	(172		)	(161		)
Net (earnings) loss from discontinued operations attributable to noncontrolling interests	(2		)	9			(21		)
Net loss from discontinued operations attributable to Best Buy Co., Inc. shareholders	$	(13	)	$	(163	)	$	(182	)

(1) See Note 4, Restructuring Charges, for further discussion of the restructuring charges associated with discontinued operations.

(2) Includes the $175 million impairment to write down the book value of our investment in Best Buy Europe to fair value in fiscal 2014 and the $208 million goodwill impairment related to our Five Star reporting unit in fiscal 2013 (11-month).

(3) Income tax benefit for fiscal 2014 includes a $27 million benefit related to a tax allocation between continuing and discontinued operations and a $15 million benefit related to the impairment of our investment in Best Buy Europe. The fiscal 2014 effective tax rate for discontinued operations differs from the statutory tax rate primarily due to the previously mentioned tax allocation, sale of mindSHIFT, restructuring charges and the impairment of our investment in Best Buy Europe. The sale of mindSHIFT, restructuring charges and impairment generally included no related tax benefit. The deferred tax assets related to the sale of mindSHIFT and restructuring charges generally resulted in an increase in the valuation allowance in an equal amount, of which the investment impairment is not tax deductible.

(4) Gain in fiscal 2014 is primarily comprised of the following: $28 million gain (with no tax impact) from sale of Best Buy Europe fixed-line business in Switzerland in the first quarter; $24 million gain (with no tax impact) from the sale of Best Buy Europe in the second quarter; and loss of $18 million from sale of mindSHIFT in the fourth quarter.