Fair Value Measurements (Tables)

6 Months Ended

Jul. 30, 2016

Fair Value Measurements [Abstract]

Assets and Liabilities Measured at Fair Value on Recurring Basis

The following tables provide a summary of the Company’s recognized assets and liabilities that are measured at fair value on a recurring basis:

	As of July 30, 2016						As of August 1, 2015						As of January 30, 2016
	($ in millions)
	Level 1		Level 2		Level 3		Level 1		Level 2		Level 3		Level 1		Level 2		Level 3
Assets
Available-for-sale securities	$	—	$	7	$	—	$	—	$	6	$	—	$	—	$	6	$	—
Foreign exchange forward contracts		—		6		—		—		2		—		—		3		—
Total Assets	$	—	$	13	$	—	$	—	$	8	$	—	$	—	$	9	$	—
Liabilities
Foreign exchange forward contracts		—		—		—		—		6		—		—		—		—
Total Liabilities	$	—	$	—	$	—	$	—	$	6	$	—	$	—	$	—	$	—

Carrying Value and Estimated Fair Value of Long-Term Debt

The carrying value and estimated fair value of long-term debt and obligations under capital leases were as follows:

	July 30,		August 1,		January 30,
	2016		2015		2016
	($ in millions)
Carrying value	$	129	$	132	$	130
Fair value	$	151	$	157	$	156