Derivative Instruments and Hedging Activities (Tables)

9 Months Ended

Nov. 02, 2012

Derivative Instruments and Hedges, Assets [Abstract]

Notional Amounts of Outstanding Derivative Instruments

	November 2, 2012		February 3, 2012
	(in millions)
Foreign Exchange Contracts
Designated as cash flow hedging instruments	$	3,126	$	4,549
Non-designated as hedging instruments	393		168
Total	$	3,519	$	4,717
Interest Rate Contracts
Designated as fair value hedging instruments	$	800	$	650
Designated as cash flow hedging instruments	1,428		751
Non-designated as hedging instruments	146		132
Total	$	2,374	$	1,533

Effect of Derivative Instruments on the Consolidated Statements of Financial Position and the Consolidated Statements of Income

Derivatives in Cash Flow Hedging Relationships	Gain (Loss) Recognized in Accumulated OCI, Net of Tax, on Derivatives (Effective Portion)			Location of Gain (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)	Gain (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)			Location of Gain (Loss) Recognized in Income on Derivative (Ineffective Portion)	Gain (Loss) Recognized in Income on Derivative (Ineffective Portion)
(in millions)
For the three months ended November 2, 2012
				Total net revenue	$	(42	)
Foreign exchange contracts	$	(82	)	Total cost of net revenue	(9		)
Interest rate contracts	(2		)	Interest and other, net	—			Interest and other, net	$	(2	)
Total	$	(84	)		$	(51	)		$	(2	)
For the three months ended October 28, 2011
				Total net revenue	$	(17	)
Foreign exchange contracts	$	54		Total cost of net revenue	7
Interest rate contracts	—			Interest and other, net	—			Interest and other, net	$	1
Total	$	54			$	(10	)		$	1
For the nine months ended November 2, 2012
				Total net revenue	$	(10	)
Foreign exchange contracts	$	(28	)	Total cost of net revenue	(15		)
Interest rate contracts	(5		)	Interest and other, net	—			Interest and other, net	$	(2	)
Total	$	(33	)		$	(25	)		$	(2	)
For the nine months ended October 28, 2011
				Total net revenue	$	(255	)
Foreign exchange contracts	$	(185	)	Total cost of net revenue	(14		)
Interest rate contracts	3			Interest and other, net	—			Interest and other, net	$	2
Total	$	(182	)		$	(269	)		$	2

Fair Value of Derivative Instruments in the Consolidated Statements of Financial Position

	November 2, 2012
	Other Current Assets			Other Non- Current Assets		Other Current Liabilities			Other Non-Current Liabilities			Total Fair Value
				(in millions)
Derivatives Designated as Hedging Instruments
Foreign exchange contracts in an asset position	$	22		$	—	$	69		$	—		$	91
Foreign exchange contracts in a liability position	(20		)	—		(93		)	—			(113		)
Interest rate contracts in an asset position	—			16		—			—			16
Interest rate contracts in a liability position	—			—		—			(10		)	(10		)
Net asset (liability)	2			16		(24		)	(10		)	(16		)
Derivatives not Designated as Hedging Instruments
Foreign exchange contracts in an asset position	29			—		21			—			50
Foreign exchange contracts in a liability position	(5		)	—		(32		)	—			(37		)
Net asset (liability)	24			—		(11		)	—			13
Total derivatives at fair value	$	26		$	16	$	(35	)	$	(10	)	$	(3	)
	February 3, 2012
	Other Current Assets			Other Non- Current Assets		Other Current Liabilities			Other Non-Current Liabilities			Total Fair Value
				(in millions)
Derivatives Designated as Hedging Instruments
Foreign exchange contracts in an asset position	$	266		$	—	$	2		$	—		$	268
Foreign exchange contracts in a liability position	(140		)	—		(7		)	—			(147		)
Interest rate contracts in an asset position	—			8		—			—			8
Interest rate contracts in a liability position	—			—		—			(3		)	(3		)
Net asset (liability)	126			8		(5		)	(3		)	126
Derivatives not Designated as Hedging Instruments
Foreign exchange contracts in an asset position	67			—		1			—			68
Foreign exchange contracts in a liability position	(61		)	—		(10		)	—			(71		)
Net asset (liability)	6			—		(9		)	—			(3		)
Total derivatives at fair value	$	132		$	8	$	(14	)	$	(3	)	$	123