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Financial Instruments (Tables)
9 Months Ended
Oct. 27, 2012
Fair Value of Derivative Contracts on Gross Basis, by Type of Contract

The following represents the fair value of the Company’s derivative contracts.  Many of the Company’s agreements allow for a netting arrangement. The following is presented on a gross basis, by type of contract:

 

    Balance Sheet   October 27,     October 29,     January 28,  
(in millions)    Caption   2012     2011     2012  
Hedging Instruments:                            
Forward foreign exchange contracts   Current asset   $ 1     $     $  
Forward foreign exchange contracts   Current liability   $ 1     $     $ 2  
Carrying Value and Estimated Fair Value of Long-Term Debt

The carrying value and estimated fair value of long-term debt were as follows:

 

    October 27,     October 29,     January 28,  
(in millions)    2012     2011     2012  
Carrying value   $ 133     $ 136     $ 135  
Fair value   $ 145     $ 137     $ 140