Derivative Instruments Derivative Instruments (Tables)

6 Months Ended

Jul. 30, 2016

Derivatives, Fair Value [Line Items]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

The following table presents the gross fair values for outstanding derivative instruments and the corresponding classification at July 30, 2016, January 30, 2016, and August 1, 2015 ($ in millions):

	July 30, 2016				January 30, 2016				August 1, 2015
Contract Type	Assets		Liabilities		Assets		Liabilities		Assets		Liabilities
Derivatives designated as net investment hedges(1)	$	1	$	5	$	15	$	1	$	17	$	—
Derivatives designated as interest rate swaps(2)	27		—		25		—		13		—
No hedge designation (foreign exchange forward contracts)(1)	—		—		3		—		4		—
Total	$	28	$	5	$	43	$	1	$	34	$	—

(1) The fair value is recorded in other current assets or accrued liabilities.

(2) The fair value is recorded in other assets or long-term liabilities.

Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss) [Table Text Block]

The following table presents the effects of derivative instruments on Other Comprehensive Income ("OCI") and on our Condensed Consolidated Statements of Earnings for the three and six months ended July 30, 2016, and August 1, 2015 ($ in millions):

	Three Months Ended								Six Months Ended
	July 30, 2016				August 1, 2015				July 30, 2016					August 1, 2015
Contract Type	Pre-tax Gain(Loss) Recognized in OCI		Gain(Loss) Reclassified from Accumulated OCI to Earnings (Effective Portion)		Pre-tax Gain(Loss) Recognized in OCI		Gain(Loss) Reclassified from Accumulated OCI to Earnings (Effective Portion)		Pre-tax Gain(Loss) Recognized in OCI			Gain(Loss) Reclassified from Accumulated OCI to Earnings (Effective Portion)		Pre-tax Gain(Loss) Recognized in OCI		Gain(Loss) Reclassified from Accumulated OCI to Earnings (Effective Portion)
Derivatives designated as net investment hedges	$	8	$	—	$	15	$	—	$	(16	)	$	—	$	6	$	—

Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]

The following tables present the effects of derivative instruments on our Condensed Consolidated Statements of Earnings for the three and six months ended July 30, 2016, and August 1, 2015 ($ in millions):

	Gain (Loss) Recognized within SG&A
	Three Months Ended				Six Months Ended
Contract Type	July 30, 2016		August 1, 2015		July 30, 2016			August 1, 2015
No hedge designation (foreign exchange forward contracts)	$	2	$	1	$	(3	)	$	(4	)

Schedule of Interest Rate Derivatives [Table Text Block]

	Gain (Loss) Recognized within Interest Expense
	Three Months Ended						Six Months Ended
Contract Type	July 30, 2016			August 1, 2015			July 30, 2016			August 1, 2015
Interest rate swap gain	$	12		$	8		$	2		$	12
Adjustments to carrying value of long-term debt	(12		)	(8		)	(2		)	(12		)
Net impact on Condensed Consolidated Statements of Earnings	$	—		$	—		$	—		$	—

Schedule of Notional Amounts of Outstanding Derivative Positions [Table Text Block]

The following table presents the notional amounts of our derivative instruments at July 30, 2016, January 30, 2016, and August 1, 2015 ($ in millions):

	Notional Amount
Contract Type	July 30, 2016		January 30, 2016		August 1, 2015
Derivatives designated as net investment hedges	$	203	$	208	$	207
Derivatives designated as interest rate swaps	750		750		750
No hedge designation (foreign exchange forward contracts)	41		94		163
Total	$	994	$	1,052	$	1,120