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Merchandise Inventories
 12 Months Ended
Jan. 30, 2016
Merchandise Inventories [Abstract]  
Merchandise Inventories

6. Merchandise Inventories

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

2014

 

 

($ in millions)

LIFO inventories

 

$

 847 

$

 821 

FIFO inventories

 

 

 438 

 

 429 

Total merchandise inventories

 

$

 1,285 

$

 1,250 

 

The value of the Company’s LIFO inventories, as calculated on a LIFO basis, approximates their value as calculated on a FIFO basis.