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Financial Instruments and Risk Management (Tables)
12 Months Ended
Jan. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
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:
 
 
 
 
(in millions)
 
Balance Sheet Caption
 
2014
 
2013
Hedging Instruments:
 
 
  
 
 
 
  
 
 
 
  
 
Foreign exchange forward contracts
 
 
Current liabilities
 
 
$
4
 
 
$
2
 
Non-hedging Instruments:
 
 
  
 
 
 
  
 
 
 
  
 
Foreign exchange forward contracts
 
 
Current liabilities
 
 
$
1
 
 
$
 —
 
Notional Amounts for Outstanding Derivatives and Weighted-Average Exchange Rates of Foreign Exchange Forward Contracts

The table below presents the notional amounts for all outstanding derivatives and the weighted-average exchange rates of foreign exchange forward contracts at January 31, 2015:
 
 
 
 
 
Contract Value
(U.S. in millions)
 
Weighted-Average
Exchange Rate
Inventory
 
 
  
 
 
 
  
 
Buy €/Sell British £
 
$
63
 
 
 
.7996
 
Intercompany
 
 
  
 
 
 
  
 
Buy €/Sell British £
 
$
32
 
 
 
.7640
 
Buy US/Sell CAD
 
$
2
 
 
 
1.1912