Segment Information (Tables)

3 Months Ended

May 05, 2018

Segment Information [Abstract]

Sales and Division Operating Results for Reportable Segments

The Company evaluates performance based on several factors, of which the primary financial measure is division results. Division profit reflects income before income taxes, pension litigation charge, corporate expense, non-operating income, and net interest income. The following table summarizes our results:

	Thirteen weeks ended
	May 5,		April 29,
	2018		2017
	($ in millions)
Sales	$	2,025	$	2,001
Operating Results
Division profit		247		283
Less: Pension litigation (1)		12		—
Less: Corporate expense (2)		11		15
Income from operations		224		268
Interest income, net		(2)		—
Other income (3)		3		1
Income before income taxes	$	229	$	269

(1)	Included in the thirteen weeks ended May 5, 2018 is a pre-tax charge of $12 million relating to a pension litigation matter described further in Note 14, Legal Proceedings.
(2)	Corporate expense consists of unallocated selling general and administrative expenses as well as depreciation and amortizationrelated to the Company’s corporate headquarters, centrally managed departments, unallocated insurance and benefit programs, certain foreign exchange transaction gains and losses, and other items.
(3)	Other income includes non-operating items, such as lease termination gains, royalty income,  changes in fair value, premiums paid, realized gains and losses associated with foreign currency option contracts, changes in the market value of our available-for-sale security, and net benefit expense related to our pension and postretirement programs excluding the service cost component.