Summary of Significant Accounting Policies (Tables)

12 Months Ended

Jan. 28, 2012

Computation of Basic and Diluted Earnings Per Share

The computation of basic and diluted earnings per share is as follows:

	2011		2010		2009
	(in millions, except per share data)
Net income from continuing operations	$	278	$	169	$	47
Weighted-average common shares outstanding		153.0		155.7		156.0
Basic Earnings per share from continuing operations	$	1.81	$	1.08	$	0.30
Weighted-average common shares outstanding		153.0		155.7		156.0
Dilutive effect of potential common shares		1.4		1.0		0.3
Weighted-average common shares outstanding assuming dilution		154.4		156.7		156.3
Diluted earnings per share from continuing operations	$	1.80	$	1.07	$	0.30

Advertising Expense

Costs Included as Component of Selling, General and Administrative Expenses

Advertising costs, which are included as a component of selling, general and administrative expenses, were as follows:

	2011			2010			2009
	(in millions)
Advertising expenses	$	121		$	97		$	94
Cooperative advertising reimbursements		(22	)		(23	)		(25	)
Net advertising expense	$	99		$	74		$	69

Catalog Expense

Costs Included as Component of Selling, General and Administrative Expenses

Catalog costs, which are included as a component of selling, general and administrative expenses, were as follows:

	2011			2010			2009
	(in millions)
Catalog costs	$	44		$	45		$	48
Cooperative reimbursements		(5	)		(5	)		(4	)
Net catalog expense	$	39		$	40		$	44