Derivative Instruments Derivative Instruments (Tables)

9 Months Ended

Oct. 28, 2017

Derivative Instruments and Hedging Activities Disclosure [Abstract]

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 October 28, 2017, January 28, 2017, and October 29, 2016 ($ in millions):

	October 28, 2017				January 28, 2017				October 29, 2016
	Assets		Liabilities		Assets		Liabilities		Assets		Liabilities
Derivatives designated as net investment hedges(1)	$	3	$	5	$	2	$	2	$	4	$	3
Derivatives designated as interest rate swaps(2)	3		3		13		—		13		—
No hedge designation (foreign exchange forward contracts)(1)	2		—		—		1		1		—
Total	$	8	$	8	$	15	$	3	$	18	$	3

(1) The fair value is recorded in Other current assets or Accrued liabilities.

(2) As of October 28, 2017, the fair value of the interest rate swaps related to our 2018 Notes is recorded in Other current assets or Accrued liabilities, while the interest rate swaps related to our 2021 Notes is recorded in Other assets or Long-term liabilities. For all previous periods, the fair value is recorded in Other assets or Long-term liabilities.

Derivative Instruments, Gain (Loss) [Table Text Block]

The following table presents the effects of derivative instruments by contract type on other comprehensive income ("OCI") and on our Condensed Consolidated Statements of Earnings for the three and nine months ended October 28, 2017, and October 29, 2016 ($ in millions):

	Three Months Ended						Nine Months Ended
	October 28, 2017			October 29, 2016			October 28, 2017			October 29, 2016
Derivatives designated as net investment hedges
Pre-tax gain (loss) recognized in OCI	$	8		$	6		$	(3	)	$	(10	)
Derivatives designated as interest rate swaps
Gain (loss) recognized within Interest expense
Interest rate swap gain	$	16		$	14		$	13		$	12
Long-term debt loss	(16		)	(14		)	(13		)	(12		)
Net impact	$	—		$	—		$	—		$	—
No hedge designation (foreign exchange forward contracts)
Gain (loss) recognized within Selling, general and administrative expenses	$	2		$	1		$	(1	)	$	(2	)

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

The following table presents the notional amounts of our derivative instruments at October 28, 2017, January 28, 2017, and October 29, 2016 ($ in millions):

	October 28, 2017		January 28, 2017		October 29, 2016
Derivatives designated as net investment hedges	$	240	$	205	$	203
Derivatives designated as interest rate swaps	1,150		750		750
No hedge designation (foreign exchange forward contracts)	64		43		59
Total	$	1,454	$	998	$	1,012