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Financing (Tables)
12 Months Ended
Jan. 30, 2016
Debt Disclosure [Abstract]  
Schedule of Company Debt
The Company’s debt is as follows:
 
 
January 30,
2016
 
January 31,
2015
 
(millions)
Short-term debt:
 
 
 
5.9% Senior notes due 2016
$
577

 
$

7.45% Senior debentures due 2016
59

 

7.5% Senior debentures due 2015

 
69

Capital lease and current portion of other long-term obligations
6

 
7

 
$
642

 
$
76

Long-term debt:
 
 
 
2.875% Senior notes due 2023
$
750

 
$
750

3.875% Senior notes due 2022
550

 
550

4.5% Senior notes due 2034
550

 
550

3.45% Senior notes due 2021
500

 

3.625% Senior notes due 2024
500

 
500

6.375% Senior notes due 2037
500

 
500

4.375% Senior notes due 2023
400

 
400

6.9% Senior debentures due 2029
400

 
400

6.7% Senior debentures due 2034
400

 
400

7.45% Senior debentures due 2017
300

 
300

6.65% Senior debentures due 2024
300

 
300

7.0% Senior debentures due 2028
300

 
300

6.9% Senior debentures due 2032
250

 
250

5.125% Senior debentures due 2042
250

 
250

4.3% Senior notes due 2043
250

 
250

6.7% Senior debentures due 2028
200

 
200

6.79% Senior debentures due 2027
165

 
165

7.875% Senior debentures due 2036
108

 
108

8.75% Senior debentures due 2029
61

 
61

8.5% Senior debentures due 2019
36

 
36

10.25% Senior debentures due 2021
33

 
33

7.6% Senior debentures due 2025
24

 
24

7.875% Senior debentures due 2030
18

 
18

9.5% amortizing debentures due 2021
17

 
21

9.75% amortizing debentures due 2021
9

 
12

5.9% Senior notes due 2016

 
577

8.125% Senior debentures due 2035

 
76

7.45% Senior debentures due 2016

 
59

Unamortized debt issue costs
(32
)
 
(32
)
Unamortized debt discount
(16
)
 
(18
)
Premium on acquired debt, using an effective
   interest yield of 5.415% to 6.165%
143

 
164

Capital lease and other long-term obligations
29

 
29

 
$
6,995

 
$
7,233

 

Schedule of Interest Expense and Premium on Early Retirement of Debt
Interest expense and premium on early retirement of debt is as follows:
 
 
2015
 
2014
 
2013
 
(millions)
Interest on debt
$
393

 
$
411

 
$
407

Amortization of debt premium
(21
)
 
(12
)
 
(15
)
Amortization of financing costs and debt discount
6

 
7

 
7

Interest on capitalized leases
2

 
2

 
2

 
380

 
408

 
401

Less interest capitalized on construction
17

 
13

 
11

Interest expense
$
363

 
$
395

 
$
390

Premium on early retirement of debt
$

 
$
17

 
$

Future Maturities of Long-term Debt
Future maturities of long-term debt, other than capitalized leases, are shown below:
 
 
(millions)
Fiscal year
 
2017
$
306

2018
6

2019
41

2020
539

2021
553

After 2021
5,426

Detail of Debt Repayments
The following table shows the detail of debt repayments:
 
2015
 
2014
 
2013
 
(millions)
7.5% Senior debentures due 2015
$
69

 
$

 
$

8.125% Senior debentures due 2035
76

 

 

5.75% Senior notes due 2014

 
453

 

7.875% Senior notes due 2015

 
407

 

7.625% Senior debentures due 2013

 

 
109

9.5% amortizing debentures due 2021
4

 
4

 
4

9.75% amortizing debentures due 2021
3

 
2

 
2

Capital leases and other obligations

 
4

 
9

 
$
152

 
$
870

 
$
124