Financing (Tables)

12 Months Ended

Jan. 28, 2017

Debt Disclosure [Abstract]

Schedule of Company Debt

The Company’s debt is as follows:

	January 28, 2017			January 30, 2016
	(millions)
Short-term debt:
7.45% Senior debentures due 2017	$	300		$	—
5.9% Senior notes due 2016	—			577
7.45% Senior debentures due 2016	—			59
Capital lease and current portion of other long-term obligations	9			6
	$	309		$	642
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			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
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
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	14			17
9.75% amortizing debentures due 2021	8			9
Unamortized debt issue costs	(29		)	(32		)
Unamortized debt discount	(16		)	(16		)
Premium on acquired debt, using an effective interest yield of 5.542% to 6.021%	121			143
Capital lease and other long-term obligations	27			29
	$	6,562		$	6,995

Schedule of Interest Expense and Premium on Early Retirement of Debt

Interest expense and premium on early retirement of debt is as follows:

	2016			2015			2014
	(millions)
Interest on debt	$	392		$	393		$	411
Amortization of debt premium	(22		)	(21		)	(12		)
Amortization of financing costs and debt discount	5			6			7
Interest on capitalized leases	2			2			2
	377			380			408
Less interest capitalized on construction	10			17			13
Interest expense	$	367		$	363		$	395
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
2018	$	6
2019	42
2020	539
2021	553
2022	—
After 2022	5,319

Detail of Debt Repayments

The following table shows the detail of debt repayments:

	2016		2015		2014
	(millions)
5.9% Senior notes due 2016	$	577	$	—	$	—
7.875% Senior notes due 2036	108		—		—
7.45% Senior debentures due 2016	59		—		—
7.5% Senior debentures due 2015	—		69		—
8.125% Senior debentures due 2035	—		76		—
5.75% Senior notes due 2014	—		—		453
7.875% Senior debentures due 2015	—		—		407
9.5% amortizing debentures due 2021	4		4		4
9.75% amortizing debentures due 2021	2		3		2
Capital leases and other obligations	1		—		4
	$	751	$	152	$	870