Fair Value Measurements (Tables)

12 Months Ended

Feb. 03, 2018

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 February 3, 2018, and January 28, 2017, according to the valuation techniques we used to determine their fair values ($ in millions):



		Fair Value at
	Fair Value Hierarchy	February 3, 2018		January 28, 2017
Assets
Cash and cash equivalents
Money market funds	Level 1	$	21	$	290
Commercial paper	Level 2	90		—
Time deposits	Level 2	65		15
Short-term investments
Commercial paper	Level 2	474		349
Time deposits	Level 2	1,558		1,332
Other current assets
Money market funds	Level 1	3		7
Commercial paper	Level 2	60		60
Foreign currency derivative instruments	Level 2	2		2
Time deposits	Level 2	101		100
Other assets
Interest rate swap derivative instruments	Level 2	—		13
Marketable securities that fund deferred compensation	Level 1	99		96
Liabilities
Accrued liabilities
Interest rate swap derivative instruments	Level 2	1		—
Foreign currency derivative instruments	Level 2	8		3
Long-term liabilities
Interest rate swap derivative instruments	Level 2	4		—

Fair value, assets and liabilities measured on nonrecurring basis, fair value remeasurements (impairments)

The following table summarizes the fair value remeasurements related to continuing operations recorded in fiscal 2018 and 2017 ($ in millions):



	2018				2017
	Impairments		Remaining Net Carrying Value⁽¹⁾		Impairments		Remaining Net Carrying Value ⁽¹⁾
Property and equipment (non-restructuring)	$	9	$	—	$	28	$	—
Property and equipment (restructuring)⁽²⁾	1		—		8		—
Total	$	10	$	—	$	36	$	—


(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basis, certain fair value measurements presented in the table may reflect values at earlier measurement dates and may no longer represent the fair values at February 3, 2018, and January 28, 2017.


(2)	See Note 4, Restructuring Charges, for additional information.