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Fair Value Measurements (Tables)
 3 Months Ended
Apr. 29, 2017
Fair Value Disclosures [Abstract]  
Fair Value, Assets and Liabilities Measured on Recurring Basis
The following table sets forth, by level within the fair value hierarchy, our financial assets and liabilities that were accounted for at fair value on a recurring basis at April 29, 2017, January 28, 2017, and April 30, 2016, according to the valuation techniques we used to determine their fair values ($ in millions):
 
 
 
Fair Value at
 
Fair Value Hierarchy
 
April 29, 2017
 
January 28, 2017
 
April 30, 2016
ASSETS
 
 
 

 
 

 
 

Cash and cash equivalents
 
 
 

 
 

 
 

Money market funds
Level 1
 
$
24

 
$
290

 
$
56

Commercial paper
Level 2
 
260

 
—

 
93

Time deposits
Level 2
 
11

 
15

 
454

Short-term investments
 
 
 
 
 
 
 
Corporate bonds
Level 2
 
—

 
—

 
78

Commercial paper
Level 2
 
150

 
349

 
110

Time deposits
Level 2
 
1,798

 
1,332

 
1,032

Other current assets
 
 
 

 
 
 
 
Money market funds
Level 1
 
2

 
7

 
—

Commercial paper
Level 2
 
60

 
60

 
—

Foreign currency derivative instruments
Level 2
 
7

 
2

 
—

Time deposits
Level 2
 
101

 
100

 
79

Other assets
 
 
 
 
 
 
 
Interest rate swap derivative instruments
Level 2
 
4

 
13

 
15

Auction rate securities
Level 3
 
—

 
—

 
2

Marketable securities that fund deferred compensation
Level 1
 
97

 
96

 
96

 
 
 
 
 
 
 
 
LIABILITIES
 
 
 

 
 

 
 

Accrued liabilities
 
 
 

 
 

 
 

Foreign currency derivative instruments
Level 2
 
—

 
3

 
13

Long-term liabilities
 
 
 
 
 
 
 
Interest rate swap derivative instruments
Level 2
 
1

 
—

 
—
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis
The following table summarizes the fair value remeasurements for non-restructuring and restructuring property and equipment impairments recorded during the three months ended April 29, 2017, and April 30, 2016 ($ in millions):
 
Impairments
 
Remaining Net Carrying Value(1)
 
Three Months Ended
 
 
 
 
 
April 29, 2017
 
April 30, 2016
 
April 29, 2017
 
April 30, 2016
Property and equipment (non-restructuring)
$
5

 
$
5

 
$
—

 
$
—

Property and equipment (restructuring)(2)
—

 
7

 
—

 
—

Total
$
5

 
$
12

 
$
—

 
$
—

(1)
Remaining net carrying value approximates fair value. Because assets subject to long-lived asset impairment are not measured at fair value on a recurring basis, certain fair value measurements presented in the table may reflect values at earlier measurement dates and may no longer represent the fair values at April 29, 2017, and April 30, 2016.
(2)
See Note 5, Restructuring Charges, for additional information.