View Filing Data

Income tax receivables and payables

(10)

(4)

(34)

Other, net

(26)

(44)

Net cash provided by operating activities

712

530

416

From Investing Activities

Gain from lease terminations

Proceeds from sale of real estate

Purchases of short-term investments

(23)

(88)

Sales and maturities of short-term investments

Purchase of business, net of cash acquired

(81)

Capital expenditures

^[1]

(190)

(206)

(163)

Net cash used in investing activities

(176)

(248)

(212)

From Financing Activities

Purchase of treasury shares

(305)

(229)

(129)

Dividends paid on common stock

(127)

(118)

(109)

Issuance of common stock

Treasury stock reissued under employee stock plan

Excess tax benefits on share-based compensation

Reduction in long-term debt and obligations under capital leases

(3)

(1)

(2)

Net cash used in financing activities

(401)

(309)

(181)

Effect of Exchange Rate Fluctuations on Cash and Cash Equivalents

(26)

Net Change in Cash and Cash Equivalents

109

(22)

Cash and Cash Equivalents at Beginning of Year

858

880

851

Cash and Cash Equivalents at End of Year

967

858

880

Cash Paid During the Year:

Interest

Income taxes

$ 251

$ 175

$ 230

[1]	Reflects cash capital expenditures for all years presented.

Summary of Significant Accounting Policies

12 Months Ended

Jan. 31, 2015

Accounting Policies [Abstract]

Summary of Significant Accounting Policies

1. Summary of Significant Accounting Policies

Basis of Presentation

The consolidated financial statements include the accounts of Foot Locker, Inc. and its domestic and international subsidiaries (the “Company”), all of which are wholly owned. All significant intercompany amounts have been eliminated. The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions relating to the reporting of assets and liabilities and the disclosure of contingent liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results may differ from those estimates.

Reporting Year

The fiscal year end for the Company is the Saturday closest to the last day in January. Fiscal year 2014 represents the 52 weeks ending January 31, 2015. Fiscal years 2013 and 2012 represent the 52 week period ending February 1, 2014, and the 53 week period ending February 2, 2013, respectively. References to years in this annual report relate to fiscal years rather than calendar years.

Revenue Recognition

Revenue from retail stores is recognized at the point of sale when the product is delivered to customers. Internet and catalog sales revenue is recognized upon estimated receipt by the customer. Sales include shipping and handling fees for all periods presented. Sales include merchandise, net of returns, and exclude taxes. The Company provides for estimated returns based on return history and sales levels. Revenue from layaway sales is recognized when the customer receives the product, rather than when the initial deposit is paid.

Gift Cards

The Company sells gift cards to its customers, which do not have expiration dates. Revenue from gift card sales is recorded when the gift cards are redeemed or when the likelihood of the gift card being redeemed by the customer is remote and there is no legal obligation to remit the value of unredeemed gift cards to the relevant jurisdictions, referred to as breakage. The Company has determined its gift card breakage rate based upon historical redemption patterns. Historical experience indicates that after 12 months, the likelihood of redemption is deemed to be remote. Gift card breakage income is included in selling, general and administrative expenses and unredeemed gift cards are recorded as a current liability. Gift card breakage was $5 million for 2014, $4 million for 2013, and $3 million for 2012.

Store Pre-Opening and Closing Costs

Store pre-opening costs are charged to expense as incurred. In the event a store is closed before its lease has expired, the estimated post-closing lease exit costs, less any sublease rental income, is provided for once the store ceases to be used.

Advertising Costs and Sales Promotion

Advertising and sales promotion costs are expensed at the time the advertising or promotion takes place, net of reimbursements for cooperative advertising. Advertising expenses also include advertising costs as required by some of the Company’s mall-based leases. Cooperative advertising reimbursements earned for the launch and promotion of certain products agreed upon with vendors are recorded in the same period as the associated expenses are incurred.

Reimbursement received in excess of expenses incurred related to specific, incremental, and identifiable advertising costs, is accounted for as a reduction to the cost of merchandise, which is reflected in cost of sales as the merchandise is sold.

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


	2014			2013			2012
	(in millions)
Advertising expenses	$	125		$	124		$	132
Cooperative advertising reimbursements		(21	)		(22	)		(25	)
Net advertising expense	$	104		$	102		$	107

Catalog Costs

Catalog costs, which are primarily comprised of paper, printing, and postage, are capitalized and amortized over the expected customer response period related to each catalog, which is generally 90 days. Cooperative reimbursements earned for the promotion of certain products are agreed upon with vendors and are recorded in the same period as the associated catalog expenses are amortized. Prepaid catalog costs totaled $3 million for both January 31, 2015 and February 1, 2014.

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


	2014			2013			2012
	(in millions)
Catalog costs	$	32		$	36		$	45
Cooperative reimbursements		(7	)		(5	)		(6	)
Net catalog expense	$	25		$	31		$	39

Earnings Per Share

The Company accounts for and discloses earnings per share using the treasury stock method. Basic earnings per share is computed by dividing reported net income for the period by the weighted-average number of common shares outstanding at the end of the period. Restricted stock awards, which contain non-forfeitable rights to dividends, are considered participating securities and are included in the calculation of basic earnings per share. Diluted earnings per share reflects the weighted-average number of common shares outstanding during the period used in the basic earnings per share computation plus dilutive common stock equivalents.

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


	2014		2013		2012
	(in millions, except per share data)
Net Income	$	520	$	429	$	397
Weighted-average common shares outstanding		143.9		148.4		151.2
Basic earnings per share	$	3.61	$	2.89	$	2.62
Weighted-average common shares outstanding		143.9		148.4		151.2
Dilutive effect of potential common shares		2.1		2.1		2.8
Weighted-average common shares outstanding assuming dilution		146.0		150.5		154.0
Diluted earnings per share	$	3.56	$	2.85	$	2.58

Potential common shares include the dilutive effect of stock options and restricted stock units. Options to purchase 0.6 million, 1.0 million, and 0.8 million shares of common stock at January 31, 2015, February 1, 2014, and February 2, 2013, respectively, were not included in the computations primarily because the exercise price of the options was greater than the average market price of the common shares and, therefore, the effect of their inclusion would be antidilutive. Contingently issuable shares of 0.3 million, 0.2 million, and 0.1 million at January 31, 2015, February 1, 2014, and February 2, 2013, respectively, have not been included as the vesting conditions have not been satisfied.

Share-Based Compensation

The Company recognizes compensation expense in the financial statements for share-based awards based on the grant date fair value of those awards. Additionally, stock-based compensation expense includes an estimate for pre-vesting forfeitures and is recognized over the requisite service periods of the awards. See Note 21, Share-Based Compensation, for information on the assumptions the Company used to calculate the fair value of share-based compensation.

Upon exercise of stock options, issuance of restricted stock or units, or issuance of shares under the employees stock purchase plan, the Company will issue authorized but unissued common stock or use common stock held in treasury. The Company may make repurchases of its common stock from time to time, subject to legal and contractual restrictions, market conditions, and other factors.

Cash and Cash Equivalents

Cash equivalents at January 31, 2015 and February 1, 2014 were $930 million and $819 million, respectively. Cash equivalents include amounts on demand with banks and all highly liquid investments with original maturities of three months or less, including money market funds. Additionally, amounts due from third-party credit card processors for the settlement of debit and credit card transactions are included as cash equivalents as they are generally collected within three business days.

Investments

Changes in the fair value of available-for-sale securities are reported as a component of accumulated other comprehensive loss in the Consolidated Statements of Shareholders’ Equity and are not reflected in the Consolidated Statements of Operations until a sale transaction occurs or when declines in fair value are deemed to be other-than-temporary. The Company routinely reviews available-for-sale securities for other-than-temporary declines in fair value below the cost basis, and when events or changes in circumstances indicate the carrying value of a security may not be recoverable, the security is written down to fair value. As of January 31, 2015, the Company held $6 million of available-for-sale securities, which represented the Company’s auction rate security. See Note 19, Fair Value Measurements, for further discussion of these investments.

Merchandise Inventories and Cost of Sales

Merchandise inventories for the Company’s Athletic Stores are valued at the lower of cost or market using the retail inventory method. Cost for retail stores is determined on the last-in, first-out (“LIFO”) basis for domestic inventories and on the first-in, first-out (“FIFO”) basis for international inventories.

The retail inventory method is commonly used by retail companies to value inventories at cost and calculate gross margins due to its practicality. Under the retail inventory method, cost is determined by applying a cost-to-retail percentage across groupings of similar items, known as departments. The cost-to-retail percentage is applied to ending inventory at its current owned retail valuation to determine the cost of ending inventory on a department basis. The Company provides reserves based on current selling prices when the inventory has not been marked down to market. Merchandise inventories of the Direct-to-Customers business are valued at the lower of cost or market using weighted-average cost, which approximates FIFO. Transportation, distribution center, and sourcing costs are capitalized in merchandise inventories. The Company expenses the freight associated with transfers between its store locations in the period incurred. The Company maintains an accrual for shrinkage based on historical rates.

Cost of sales is comprised of the cost of merchandise, as well as occupancy, buyers’ compensation, and shipping and handling costs. The cost of merchandise is recorded net of amounts received from suppliers for damaged product returns, markdown allowances, and volume rebates, as well as cooperative advertising reimbursements received in excess of specific, incremental advertising expenses. Occupancy costs include the amortization of amounts received from landlords for tenant improvements.

Property and Equipment

Property and equipment are recorded at cost, less accumulated depreciation and amortization. Significant additions and improvements to property and equipment are capitalized. Depreciation and amortization are computed on a straight-line basis over the following estimated useful lives:


Buildings		Maximum of 50 years
Leasehold improvements		10 years or term of lease, if shorter
Furniture, fixtures, and equipment		3 – 10 years
Software		2 – 7 years

Maintenance and repairs are charged to current operations as incurred. Major renewals or replacements that substantially extend the useful life of an asset are capitalized and depreciated.

Internal-Use Software Development Costs

The Company capitalizes certain external and internal computer software and software development costs incurred during the application development stage. The application development stage generally includes software design and configuration, coding, testing, and installation activities. Capitalized costs include only external direct cost of materials and services consumed in developing or obtaining internal-use software, and payroll and payroll-related costs for employees who are directly associated with and devote time to the internal-use software project. Capitalization of such costs ceases no later than the point at which the project is substantially complete and ready for its intended use. Training and maintenance costs are expensed as incurred, while upgrades and enhancements are capitalized if it is probable that such expenditures will result in additional functionality. Capitalized software, net of accumulated amortization, is included as a component of property and equipment and was $39 million and $38 million at January 31, 2015 and February 1, 2014, respectively.

Recoverability of Long-Lived Assets

The Company reviews long-lived tangible and intangible assets with finite lives for impairment losses whenever events or changes in circumstances indicate that the carrying amounts may not be recoverable. Management’s policy in determining whether an impairment indicator exists, a triggering event, comprises measurable operating performance criteria at the division level, as well as qualitative measures. The Company considers historical performance and future estimated results, which are predominately identified from the Company’s strategic long-range plans, in its evaluation of potential store-level impairment and then compares the carrying amount of the asset with the estimated future cash flows expected to result from the use of the asset. If the carrying amount of the asset exceeds the estimated expected undiscounted future cash flows, the Company measures the amount of the impairment by comparing the carrying amount of the asset with its estimated fair value. The estimation of fair value is measured by discounting expected future cash flows at the Company’s weighted-average cost of capital. The Company estimates fair value based on the best information available using estimates, judgments, and projections as considered necessary.

Goodwill and Other Intangible Assets

Goodwill and intangible assets with indefinite lives are reviewed for impairment annually during the first quarter of its fiscal year or more frequently if impairment indicators arise.

The review of goodwill impairment consists of either using a qualitative approach to determine whether it is more likely than not that the fair value of the assets is less than their respective carrying values or a two-step impairment test, if necessary. If, based on the results of the qualitative assessment, it is concluded that it is not more likely than not that the fair value of the intangible asset is greater than its carrying value, the two-step test is performed to identify potential impairment. If it is determined that it is not more likely than not that the fair value of the reporting unit is less than its carrying value, it is unnecessary to perform the two-step impairment test. Based on certain circumstances, we may elect to bypass the qualitative assessment and proceed directly to performing the first step of the two-step impairment test. The first step of the two-step goodwill impairment test compares the fair value of the reporting unit to its carrying amount, including goodwill. The second step includes hypothetically valuing all the tangible and intangible assets of the reporting unit as if the reporting unit had been acquired in a business combination. Then, the implied fair value of the reporting unit’s goodwill is compared to the carrying amount of that goodwill. If the carrying value of the asset exceeds its fair value, an impairment loss is recognized in the amount of the excess. The fair value of each reporting unit is determined using a combination of market and discounted cash flow approaches.

Intangible assets that are determined to have finite lives are amortized over their useful lives and are measured for impairment only when events or changes in circumstances indicate that the carrying value may be impaired. Intangible assets with indefinite lives are tested for impairment if impairment indicators arise and, at a minimum, annually. We estimate the fair value based on an income approach using the relief-from-royalty method.

Derivative Financial Instruments

All derivative financial instruments are recorded in the Company’s Consolidated Balance Sheets at their fair values. For derivatives designated as a hedge, and effective as part of a hedge transaction, the effective portion of the gain or loss on the hedging derivative instrument is reported as a component of other comprehensive income/loss or as a basis adjustment to the underlying hedged item and reclassified to earnings in the period in which the hedged item affects earnings. The effective portion of the gain or loss on hedges of foreign net investments is generally not reclassified to earnings unless the net investment is disposed of. To the extent derivatives do not qualify or are not designated as hedges, or are ineffective, their changes in fair value are recorded in earnings immediately, which may subject the Company to increased earnings volatility.

Fair Value

The Company categorizes its financial instruments into a three-level fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The fair value hierarchy gives the highest priority to quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). If the inputs used to measure fair value fall within different levels of the hierarchy, the category level is based on the lowest priority level input that is significant to the fair value measurement of the instrument. Fair value is determined based upon the exit price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants exclusive of any transaction costs. The Company’s financial assets recorded at fair value are categorized as follows:

Level 1 — Quoted prices for identical instruments in active markets.

Level 2 — Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations in which all significant inputs or significant value-drivers are observable in active markets.

Level 3 — Model-derived valuations in which one or more significant inputs or significant value-drivers are unobservable.

Income Taxes

The Company accounts for its income taxes under the asset and liability method, which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements. Under this method, deferred tax assets and liabilities are determined on the basis of the differences between the financial statements and the tax basis of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. The effect of a change in tax rates on deferred tax assets and liabilities is recognized in income in the period that includes the enactment date. Deferred tax assets are recognized for tax credits and net operating loss carryforwards, reduced by a valuation allowance, which is established when it is more likely than not that some portion or all of the deferred tax assets will not be realized. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date.

The Company recognizes net deferred tax assets to the extent that it believes these assets are more likely than not to be realized. In making such a determination, the Company considers all available positive and negative evidence, including future reversals of existing taxable temporary differences, projected future taxable income, tax-planning strategies, and results of recent operations. If the Company determines that it would be able to realize their deferred tax assets in the future in excess of their net recorded amount, the Company would make an adjustment to the deferred tax asset valuation allowance, which would reduce the provision for income taxes.

A taxing authority may challenge positions that the Company adopted in its income tax filings. Accordingly, the Company may apply different tax treatments for transactions in filing its income tax returns than for income tax financial reporting. The Company regularly assesses its tax positions for such transactions and records reserves for those differences when considered necessary. Tax positions are recognized only when it is more likely than not, based on technical merits, that the positions will be sustained upon examination. Tax positions that meet the more-likely-than-not threshold are measured using a probability weighted approach as the largest amount of tax benefit that is greater than fifty percent likely of being realized upon settlement. Whether the more-likely-than-not recognition threshold is met for a tax position is a matter of judgment based on the individual facts and circumstances of that position evaluated in light of all available evidence. The Company recognizes interest and penalties related to unrecognized tax benefits within income tax expense in the accompanying consolidated statement of operations. Accrued interest and penalties are included within the related tax liability line in the consolidated balance sheet. Provision for U.S. income taxes on undistributed earnings of foreign subsidiaries is made only on those amounts in excess of the funds considered to be permanently reinvested.

Pension and Postretirement Obligations

The discount rate for the U.S. plans is determined by reference to the Bond:Link interest rate model based upon a portfolio of highly rated U.S. corporate bonds with individual bonds that are theoretically purchased to settle the plan’s anticipated cash outflows. The cash flows are discounted to their present value and an overall discount rate is determined. The discount rate selected to measure the present value of the Company’s Canadian benefit obligations was developed by using the plan’s bond portfolio indices, which match the benefit obligations.

Insurance Liabilities

The Company is primarily self-insured for health care, workers’ compensation, and general liability costs. Accordingly, provisions are made for the Company’s actuarially determined estimates of discounted future claim costs for such risks, for the aggregate of claims reported and claims incurred but not yet reported. Self-insured liabilities totaled $13 million and $11 million at January 31, 2015 and February 1, 2014, respectively. The Company discounts its workers’ compensation and general liability reserves using a risk-free interest rate. Imputed interest expense related to these liabilities was not significant for any of the periods presented.

Accounting for Leases

The Company recognizes rent expense for operating leases as of the possession date for store leases or the commencement of the agreement for a non-store lease. Rental expense, inclusive of rent holidays, concessions, and tenant allowances are recognized over the lease term on a straight-line basis. Contingent payments based upon sales and future increases determined by inflation related indices cannot be estimated at the inception of the lease and accordingly, are charged to operations as incurred.

Foreign Currency Translation

The functional currency of the Company’s international operations is the applicable local currency. The translation of the applicable foreign currency into U.S. dollars is performed for balance sheet accounts using current exchange rates in effect at the balance sheet date and for revenue and expense accounts using the weighted-average rates of exchange prevailing during the year. The unearned gains and losses resulting from such translation are included as a separate component of accumulated other comprehensive loss within shareholders’ equity.

Recent Accounting Pronouncements

In May 2014, Financial Accounting Standards Board issued Accounting Standards Update (“ASU”) 2014-09, Revenue from Contracts with Customers, issued as a new Topic, Accounting Standards Codification Topic 606. The core principle of this amendment is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. ASU 2014-09 is effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period, with earlier adoption not permitted. ASU 2014-09 can be adopted either retrospectively to each prior reporting period presented or as a cumulative-effect adjustment as of the date of adoption. The adoption of this guidance is not expected to have a significant effect on our consolidated financial position, results of operations, or cash flows.

Other recently issued accounting pronouncements did not, or are not believed by management to, have a material effect on the Company’s present or future consolidated financial statements.

Segment Information

12 Months Ended

Jan. 31, 2015

Segment Reporting [Abstract]

Segment Information

2. Segment Information

The Company has determined that its reportable segments are those that are based on its method of internal reporting. As of January 31, 2015, the Company has two reportable segments, Athletic Stores and Direct-to-Customers. The accounting policies of both segments are the same as those described in the Summary of Significant Accounting Policies note.

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


	2014		2013		2012
	(in millions)
Sales
Athletic Stores	$	6,286	$	5,790	$	5,568
Direct-to-Customers		865		715		614
Total sales	$	7,151	$	6,505	$	6,182

Operating Results
Athletic Stores⁽¹⁾	$	777	$	656	$	653
Direct-to-Customers⁽²⁾		109		84		65
Division profit		886		740		718
Less: Corporate expense⁽³⁾		81		76		108
Operating profit		805		664		610
Other income		9		4		2
Interest expense, net		5		5		5
Income before income taxes	$	809	$	663	$	607

(1)

Included in the results for 2014, 2013, and 2012 are impairment and other charges of $2 million, $2 million, and $5 million, respectively. The 2014 amount reflected impairment charges to fully write-down the value of certain trademarks. The 2013 and 2012 amounts were incurred in connection with the closure of CCS stores. See Note 3, Impairment and Other Charges for additional information.

(2)

Included in the results for 2014 and 2012 are non-cash impairment charges of $2 million and $7 million, respectively, related to the CCS trademarks. See Note 3, Impairment and Other Charges for additional information.

(3)

Corporate expense for 2014 and 2013 reflected the reallocation of expense between corporate and the operating divisions. Based upon annual internal studies of corporate expense, the allocation of such expenses to the operating divisions was increased by $4 million and $27 million for 2014 and 2013, respectively, thereby reducing corporate expense.


	Depreciation and Amortization						Capital Expenditures⁽¹⁾						Total Assets
	2014		2013		2012		2014		2013		2012		2014		2013		2012
	(in millions)
Athletic Stores	$	119	$	112	$	96	$	151	$	163	$	128	$	2,499	$	2,398	$	2,310
Direct-to-Customers		7		9		9		9		5		5		315		320		290
		126		121		105		160		168		133		2,814		2,718		2,600
Corporate		13		12		13		30		38		30		763		769		767
Total Company	$	139	$	133	$	118	$	190	$	206	$	163	$	3,577	$	3,487	$	3,367

(1)

Reflects cash capital expenditures for all years presented.

Sales and long-lived asset information by geographic area as of and for the fiscal years ended January 31, 2015, February 1, 2014, and February 2, 2013 are presented in the following tables. Sales are attributed to the country in which the sales originate. Long-lived assets reflect property and equipment.


	2014		2013		2012
	(in millions)
Sales
United States	$	4,976	$	4,567	$	4,495
International		2,175		1,938		1,687
Total sales	$	7,151	$	6,505	$	6,182


	2014		2013		2012
	(in millions)
Long-Lived Assets
United States	$	446	$	394	$	321
International		174		196		169
Total long-lived assets	$	620	$	590	$	490

For the period ended January 31, 2015, the countries that comprised the majority of the sales and long-lived assets for the international category were Germany, Italy, Canada, and France. No other individual country included in the International category is significant.

Impairment and Other Charges

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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+ Details

Impairment and Other Charges

12 Months Ended

Jan. 31, 2015

Asset Impairment Charges [Abstract]

3. Impairment and Other Charges


	2014		2013		2012
	(in millions)
Charges recorded in connection with CCS-
Impairment of intangible assets	$	2	$	—	$	7
Impairment of long-lived assets		—		—		5
CCS store closure costs		—		2		—
Total CCS charges	$	2	$	2	$	12
Other intangible asset impairments		2		—		—
Total impairment and other charges	$	4	$	2	$	12

The Company acquired the CCS e-commerce business in 2008 and later expanded its operations to include physical stores. During 2012, due to the continued underperformance of this business, impairment and other charges totaling $12 million were recorded. This represented an impairment of the tradename of $7 million and $5 million to writedown long-lived assets of the CCS stores. During 2013, the Company recorded $2 million of store closing costs, primarily related to lease buy-out expenses, resulting from the decision to close the CCS store locations. Finally, during 2014 the Company exited the e-commerce business and further impaired the CCS tradename to its fair value, which was realized upon sale.

During 2014, the Company also recorded a non-cash impairment charge of $1 million to fully write down the remaining value of the tradename related to the Company’s stores in the Republic of Ireland, reflecting historical and projected underperformance. Additionally, the Company recorded a non-cash impairment charge to fully write down the value of a private-label brand acquired as part of the Runners Point Group acquisition, to reflect the exit of this product line.

Other Income

12 Months Ended

Jan. 31, 2015

Other Income, Nonoperating [Abstract]

Other Income

4. Other Income

Other income includes non-operating items, such as: gains from insurance recoveries; discounts/premiums paid on the repurchase and retirement of bonds; royalty income; and the changes in fair value, premiums paid, realized gains associated with foreign currency option contracts and property sales. Other income was $9 million in 2014, $4 million in 2013, and $2 million in 2012.

For 2014, other income includes a $4 million gain on a sale of property, $2 million of royalty income, $2 million of realized gain associated with foreign currency option contracts and $1 million of lease termination gains related to the sales of leasehold interests. For 2013, other income includes $2 million of royalty income and $2 million of lease termination gains related to the sales of leasehold interests. For 2012, other income primarily includes royalty income.

Merchandise Inventories

12 Months Ended

Jan. 31, 2015

Inventory Disclosure [Abstract]

Merchandise Inventories

5. Merchandise Inventories


	2014		2013
	(in millions)
LIFO inventories	$	821	$	746
FIFO inventories		429		474
Total merchandise inventories	$	1,250	$	1,220

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

Other Current Assets

12 Months Ended

Jan. 31, 2015

Prepaid Expense and Other Assets, Current [Abstract]

Other Current Assets

6. Other Current Assets


	2014		2013
	(in millions)
Net receivables	$	78	$	99
Prepaid rent		77		75
Prepaid income taxes		34		35
Prepaid expenses and other current assets		32		34
Deferred taxes and costs		17		20
Income tax receivable		1		—
	$	239	$	263

Property and Equipment, Net

12 Months Ended

Jan. 31, 2015

Property, Plant and Equipment [Abstract]

Property and Equipment, Net

7. Property and Equipment, Net


	2014			2013
	(in millions)
Land	$	4		$	6
Buildings:
Owned		44			44
Furniture, fixtures, equipment and software development costs:
Owned		900			888
Assets under capital leases		9			10
		957			948
Less: accumulated depreciation		(606	)		(621	)
		351			327
Alterations to leased and owned buildings
Cost		779			804
Less: accumulated amortization		(510	)		(541	)
		269			263
	$	620		$	590

Goodwill

12 Months Ended

Jan. 31, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill

8. Goodwill

The Athletic Stores segment’s goodwill is net of accumulated impairment charges of $167 million for all periods presented. The 2014 and 2013 annual goodwill impairment tests did not result in an impairment charge.


	Athletic Stores			Direct-to- Customers			Total
	(in millions)
Goodwill at February 2, 2013	$	18		$	127		$	145
Goodwill from Runners Point Group acquisition		3			15			18
Goodwill at February 1, 2014	$	21		$	142		$	163
Foreign currency translation adjustment		(4	)		(2	)		(6	)
Goodwill at January 31, 2015	$	17		$	140		$	157

Other Intangible Assets, net

12 Months Ended

Jan. 31, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Other Intangible Assets, net

9. Other Intangible Assets, net


	January 31, 2015							Wtd. Avg. Life in Years⁽²⁾		February 1, 2014
(in millions)	Gross value		Accum. amort.			Net Value		Wtd. Avg. Life in Years⁽²⁾		Gross value		Accum. amort.			Net Value
Amortized intangible assets:⁽¹⁾
Lease acquisition costs	$	128	$	(116	)	$	12		12.0	$	155	$	(137	)	$	18
Trademarks		21		(12	)		9		19.7		21		(11	)		10
Favorable leases		7		(4	)		3		7.4		8		(3	)		5
	$	156	$	(132	)	$	24		14.2	$	184	$	(151	)	$	33
Indefinite life intangible assets⁽¹⁾
Runners Point Group trademarks⁽³⁾							25									30
Other trademarks⁽⁴⁾							—									4
						$	25								$	34
Other intangible assets, net						$	49								$	67

(1)

Includes the effect of foreign currency translation related primarily to the movements of the euro in relation to the U.S. dollar.

(2)

The weighted-average useful life disclosed excludes those assets that are fully amortized.

(3)

Includes the effect of foreign currency translation and a non-cash impairment charge of $1 million recorded in the fourth quarter of 2014. This impairment charge is described more fully in Note 3, Impairment Charges.

(4)

During 2014, the values of other trademarks were fully impaired. Impairment charges of $3 million and $7 million were recorded in 2014 and 2012, respectively, and are described more fully in Note 3, Impairment Charges.

Amortizing intangible assets primarily represent lease acquisition costs, which are amounts that are required to secure prime lease locations and other lease rights, primarily in Europe. The amortizing intangible asset activity during 2014 of $9 million reflects a $4 million decrease related to foreign currency exchange fluctuations, partially offset by additions of $1 million related to new leases in Europe. Amortization expense for intangibles subject to amortization was $6 million, $11 million, and $14 million for 2014, 2013, and 2012, respectively.

Estimated future amortization expense for finite lived intangibles for the next five years is as follows:


	(in millions)
2015	$	4
2016		4
2017		3
2018		3
2019		3

Other Assets

12 Months Ended

Jan. 31, 2015

Other Assets, Noncurrent [Abstract]

Other Assets

10. Other Assets


	2014		2013
	(in millions)
Restricted cash⁽¹⁾	$	22	$	25
Pension asset		13		4
Auction rate security		6		6
Deferred tax costs		5		7
Funds deposited in insurance trust⁽²⁾		4		6
Other		24		28
	$	74	$	76

(1)

Restricted cash is comprised of amounts held in escrow in connection with various leasing arrangements in Europe.

(2)

The Company is required by its insurers to collateralize part of the self-insured workers’ compensation and liability claims. The Company has chosen to satisfy these collateral requirements by depositing funds in insurance trusts.

Accrued and Other Liabilities

12 Months Ended

Jan. 31, 2015

Payables and Accruals [Abstract]

Accrued and Other Liabilities

11. Accrued and Other Liabilities


	2014		2013
	(in millions)
Taxes other than income taxes	$	56	$	56
Other payroll and payroll related costs, excluding taxes		54		54
Incentive bonuses		51		41
Property and equipment⁽¹⁾		49		39
Current deferred tax liabilities		48		46
Customer deposits⁽²⁾		44		38
Income taxes payable		10		5
Other		81		81
	$	393	$	360

(1)

Accruals for property and equipment are properly excluded from the statements of cash flows for all years presented.

(2)

Customer deposits include unredeemed gift cards and certificates, merchandise credits, and deferred revenue related to undelivered merchandise, including layaway sales.

Revolving Credit Facility

12 Months Ended

Jan. 31, 2015

Line of Credit Facility [Abstract]

Revolving Credit Facility

12. Revolving Credit Facility

On January 27, 2012, the Company entered into an amended and restated credit agreement (the “2011 Restated Credit Agreement”) with its banks. The 2011 Restated Credit Agreement provides for a $200 million asset based revolving credit facility maturing on January 27, 2017. In addition, during the term of the 2011 Restated Credit Agreement, the Company may make up to four requests for additional credit commitments in an aggregate amount not to exceed $200 million. Interest is based on the LIBOR rate in effect at the time of the borrowing plus a 1.25 to 1.50 percent margin depending on certain provisions as defined in the 2011 Restated Credit Agreement.

The 2011 Restated Credit Agreement provides for a security interest in certain of the Company’s domestic assets, including certain inventory assets, but excluding intellectual property. The Company is not required to comply with any financial covenants as long as there are no outstanding borrowings. With regard to the payment of dividends and share repurchases, there are no restrictions if the Company is not borrowing and the payments are funded through cash on hand. If the Company is borrowing, Availability as of the end of each fiscal month during the subsequent projected six fiscal months following the payment must be at least 20 percent of the lesser of the Aggregate Commitments and the Borrowing Base (all terms as defined in the 2011 Restated Credit Agreement). The Company’s management does not currently expect to borrow under the facility in 2015, other than amounts used to support standby letters of credit in connection with insurance programs. The letters of credit outstanding as of January 31, 2015 were not significant.

Deferred financing fees are amortized over the life of the facility on a straight-line basis, which is comparable to the interest method. The unamortized balance at January 31, 2015 is $1 million.

The quarterly facility fees paid on the unused portion was 0.25 percent for both 2014 and 2013. There were no short-term borrowings during 2014 or 2013. Interest expense, including facility fees, related to the revolving credit facility was $1 million for all years presented.

Long-Term Debt and Obligations Under Capital Leases

12 Months Ended

Jan. 31, 2015

Maturities of Long-term Debt and Capital Lease Obligations [Abstract]

Long-Term Debt and Obligations Under Capital Leases

13. Long-Term Debt and Obligations Under Capital Leases


	2014		2013
	(in millions)
8.5% debentures payable 2022	$	118	$	118
Unamortized gain related to interest rate swaps⁽¹⁾		12		13
Obligations under capital leases		4		8
	$	134	$	139
Less: current portion of obligations under capital leases		2		3
	$	132	$	136

(1)

In 2009, the Company terminated an interest rate swap at a gain. This gain is being amortized as part of interest expense over the remaining term of the debt using the effective-yield method.

Interest expense related to long-term debt and the amortization of the associated debt issuance costs, was $9 million for all years presented.

Maturities of long-term debt and minimum rent payments under capital leases in future periods are:


	Long-Term Debt		Capital Leases		Total
	(in millions)
2015	$	—	$	2	$	2
2016		—		1		1
2017		—		1		1
2018 – 2019		—		—		—
Thereafter		118		—		118
	$	118	$	4	$	122
Less: Imputed interest		—		—		—
Current portion		—		2		2
	$	118	$	2	$	120

Other Liabilities

12 Months Ended

Jan. 31, 2015

Other Liabilities, Noncurrent [Abstract]

Other Liabilities

14. Other Liabilities


	2014		2013
	(in millions)
Straight-line rent liability	$	124	$	116
Pension benefits		46		25
Income taxes		24		27
Postretirement benefits		18		14
Deferred taxes		14		18
Workers’ compensation and general liability reserves		9		9
Other		18		20
	$	253	$	229

Leases

12 Months Ended

Jan. 31, 2015

Leases [Abstract]

Leases

15. Leases

The Company is obligated under operating leases for almost all of its store properties. Some of the store leases contain renewal options with varying terms and conditions. Management expects that in the normal course of business, expiring leases will generally be renewed or, upon making a decision to relocate, replaced by leases on other premises. Operating lease periods generally range from 5 to 10 years. Certain leases provide for additional rent payments based on a percentage of store sales.

Most of the Company’s leases require the payment of certain executory costs such as insurance, maintenance, and other costs in addition to the future minimum lease payments. These costs, including the amortization of lease rights, totaled $132 million in 2014 and $128 million in both 2013 and 2012. Included in the amounts below, are non-store expenses that totaled $17 million in 2014 and $16 million in both 2013 and 2012.


	2014			2013			2012
	(in millions)
Minimum rent	$	615		$	580		$	537
Contingent rent based on sales		25			22			24
Sublease income		(5	)		(2	)		(1	)
	$	635		$	600		$	560

Future minimum lease payments under non-cancelable operating leases, net of future non-cancelable operating sublease payments, are:


	(in millions)
2015	$	567
2016		516
2017		453
2018		387
2019		339
Thereafter		1,164
Total operating lease commitments	$	3,426

Accumulated Other Comprehensive Loss

12 Months Ended

Jan. 31, 2015

Equity [Abstract]

Accumulated Other Comprehensive Loss

16. Accumulated Other Comprehensive Loss

Accumulated other comprehensive loss, net of tax, is comprised of the following:


	2014			2013			2012
	(in millions)
Foreign currency translation adjustments	$	(75	)	$	57		$	82
Cash flow hedges		(3	)		(2	)		3
Unrecognized pension cost and postretirement benefit		(240	)		(240	)		(255	)
Unrealized loss on available-for-sale security		(1	)		(1	)		(1	)
	$	(319	)	$	(186	)	$	(171	)

The changes in accumulated other comprehensive loss for the period ended January 31, 2015 were as follows:


(in millions)	Foreign currency translation adjustments			Cash flow hedges			Items related to pension and postretirement benefits			Unrealized loss on available-for- sale security			Total
Balance as of February 1, 2014	$	57		$	(2	)	$	(240	)	$	(1	)	$	(186	)
OCI before reclassification		(132	)		(1	)		(8	)		—			(141	)
Reclassified from AOCI		—			—			8			—			8
Other comprehensive income/(loss)		(132	)		(1	)		—			—			(133	)
Balance as of January 31, 2015	$	(75	)	$	(3	)	$	(240	)	$	(1	)	$	(319	)

Reclassifications from accumulated other comprehensive loss for the period ended January 31, 2015 were as follows:


	(in millions)
Amortization of actuarial (gain) loss:
Pension benefits – amortization of actuarial loss	$	15
Postretirement benefits – amortization of actuarial gain		(3	)
Net periodic benefit cost (see Note 20)		12
Income tax expense		4
Net of tax	$	8

Derivative Instruments and Hedges, Assets [Abstract]

The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e689-108580

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=36458714&loc=SL7669619-108580

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e640-108580

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 17
-URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e716-108580

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 16
-URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e709-108580

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e637-108580

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14
-URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e681-108580

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Reclassification Adjustments
-URI http://asc.fasb.org/extlink&oid=6522872

+ Details

Income Taxes

12 Months Ended

Jan. 31, 2015

Income Tax Disclosure [Abstract]

Income Taxes

17. Income Taxes

Following are the domestic and international components of pre-tax income:


	2014		2013		2012
	(in millions)
Domestic	$	654	$	558	$	508
International		155		105		99
Total pre-tax income	$	809	$	663	$	607

The income tax provision consists of the following:


	2014		2013		2012
	(in millions)
Current:
Federal	$	195	$	164	$	152
State and local		34		26		22
International		40		25		16
Total current tax provision		269		215		190
Deferred:
Federal		16		13		13
State and local		3		5		5
International		1		1		2
Total deferred tax provision		20		19		20
Total income tax provision	$	289	$	234	$	210

Provision has been made in the accompanying Consolidated Statements of Operations for additional income taxes applicable to dividends received or expected to be received, if any, from international subsidiaries. The amount of unremitted earnings of international subsidiaries for which no such tax is provided and which is considered to be permanently reinvested in the subsidiaries totaled $999 million and $890 million at January 31, 2015 and February 1, 2014, respectively. The determination of the amount of the deferred tax liability related to permanently reinvested earnings is not practicable.

A reconciliation of the significant differences between the federal statutory income tax rate and the effective income tax rate on pre-tax income is as follows:


	2014			2013			2012
Federal statutory income tax rate		35.0	%		35.0	%		35.0	%
State and local income taxes, net of federal tax benefit		3.2			3.5			3.2
International income taxed at varying rates		(1.9	)		(1.6	)		(0.4	)
Foreign tax credits		(2.5	)		(2.5	)		(1.8	)
Domestic/foreign tax settlements		(0.6	)		(1.1	)		(2.2	)
Federal tax credits		(0.2	)		(0.2	)		(0.2	)
Other, net		2.7			2.2			1.0
Effective income tax rate		35.7	%		35.3	%		34.6	%

Deferred income taxes are provided for the effects of temporary differences between the amounts of assets and liabilities recognized for financial reporting purposes and the amounts recognized for income tax purposes. Items that give rise to significant portions of the Company’s deferred tax assets and deferred tax liabilities are as follows:


	2014			2013
	(in millions)
Deferred tax assets:
Tax loss/credit carryforwards and capital loss	$	9		$	12
Employee benefits		65			55
Property and equipment		137			147
Straight-line rent		33			30
Goodwill and other intangible assets		—			6
Other		38			33
Total deferred tax assets		282			283
Valuation allowance		(6	)		(6	)
Total deferred tax assets, net	$	276		$	277
Deferred tax liabilities:
Merchandise inventories		96			85
Goodwill and other intangible assets		17			—
Other		1			11
Total deferred tax liabilities	$	114		$	96
Net deferred tax asset	$	162		$	181
Balance Sheet caption reported in:
Deferred taxes	$	221		$	241
Other current assets		3			4
Accrued and other current liabilities		(48	)		(46	)
Other liabilities		(14	)		(18	)
	$	162		$	181

Based upon the level of historical taxable income and projections for future taxable income, which are based upon the Company’s strategic long-range plans, over the periods in which the temporary differences are anticipated to reverse, management believes it is more likely than not that the Company will realize the benefits of these deductible differences, net of the valuation allowances at January 31, 2015. However, the amount of the deferred tax asset considered realizable could be adjusted in the future if estimates of taxable income are revised.

As of January 31, 2015, the Company has a valuation allowance of $6 million to reduce its deferred tax assets to an amount that is more likely than not to be realized. A valuation allowance of $3 million relates to the deferred tax assets arising from a capital loss associated with an impairment of the Northern Group note receivable in 2008. The Company does not anticipate realizing capital gains to utilize the capital loss associated with the note receivable impairment. A valuation allowance of $2 million was recorded against tax loss carryforwards of certain foreign entities. Based on the history of losses and the absence of prudent and feasible business plans for generating future taxable income in certain foreign entities, the Company believes it is more likely than not that the benefit of these loss carryforwards will not be realized. Additionally, the Company recorded an unrealized loss related to its investment in an auction rate security. This loss, if and when recognized for tax purposes, would be a capital loss. The Company has not identified any reliable sources of future capital gains that would be generated to absorb this potential loss. In recognition of this risk, the Company has a valuation allowance of $1 million for any loss that would be recognized upon disposition of this security.

At January 31, 2015, the Company has state operating loss carryforwards with a potential tax benefit of $2 million that expire between 2015 and 2034. The Company will have, when realized, a capital loss with a potential benefit of $3 million arising from a note receivable. This loss will carryforward for 5 years after realization. The Company has U.S. state credits of $1 million that expire in 2024. The Company has international operating loss carryforwards with a potential tax benefit of $3 million, a portion of which will expire between 2015 and 2034 and a portion of which will never expire. The state and international operating loss carryforwards do not include unrecognized tax benefits.

The Company operates in multiple taxing jurisdictions and is subject to audit. Audits can involve complex issues that may require an extended period of time to resolve. A taxing authority may challenge positions that the Company has adopted in its income tax filings. Accordingly, the Company may apply different tax treatments for transactions in filing its income tax returns than for income tax financial reporting. The Company regularly assesses its tax positions for such transactions and records reserves for those differences.

The Company’s U.S. Federal income tax filings have been examined by the Internal Revenue Service through 2013. The Company is participating in the IRS’s Compliance Assurance Process (“CAP”) for 2014, which is expected to conclude during 2015. The Company has started the CAP for 2015. Due to the recent utilization of net operating loss carryforwards, the Company is subject to state and local tax examinations effectively including years from 1996 to the present. To date, no adjustments have been proposed in any audits that will have a material effect on the Company’s financial position or results of operations.

At January 31, 2015 and February 1, 2014, the Company had $40 million and $48 million, respectively of gross unrecognized tax benefits, and $39 million and $46 million, respectively, of net unrecognized tax benefits that would, if recognized, affect the Company’s annual effective tax rate. The Company has classified certain income tax liabilities as current or noncurrent based on management’s estimate of when these liabilities will be settled. Interest expense and penalties related to unrecognized tax benefits are classified as income tax expense. Interest expense for 2014 was not significant. The Company recognized $1 million of interest income, in 2013 and 2012. The total amount of accrued interest and penalties was $2 million in 2014 and 2013, and $3 million in 2012.

The following table summarizes the activity related to unrecognized tax benefits:


	2014			2013			2012
	(in millions)
Unrecognized tax benefits at beginning of year	$	48		$	54		$	65
Foreign currency translation adjustments		(6	)		(4	)		1
Increases related to current year tax positions		3			3			4
Increases related to prior period tax positions		1			4			3
Decreases related to prior period tax positions		(1	)		(2	)		(3	)
Settlements		(1	)		(7	)		(15	)
Lapse of statute of limitations		(4	)		—			(1	)
Unrecognized tax benefits at end of year	$	40		$	48		$	54

It is reasonably possible that the liability associated with the Company’s unrecognized tax benefits will increase or decrease within the next twelve months. These changes may be the result of foreign currency fluctuations, ongoing audits or the expiration of statutes of limitations. Settlements could increase earnings in an amount ranging from $0 to $5 million based on current estimates. Audit outcomes and the timing of audit settlements are subject to significant uncertainty. Although management believes that adequate provision has been made for such issues, the ultimate resolution could have an adverse effect on the earnings of the Company. Conversely, if these issues are resolved favorably in the future, the related provision would be reduced, generating a positive effect on earnings. Due to the uncertainty of amounts and in accordance with its accounting policies, the Company has not recorded any potential impact of these settlements.

Financial Instruments and Risk Management

12 Months Ended

Jan. 31, 2015

Financial Instruments and Risk Management

18. Financial Instruments and Risk Management

The Company operates internationally and utilizes certain derivative financial instruments to mitigate its foreign currency exposures, primarily related to third-party and intercompany forecasted transactions. As a result of the use of derivative instruments, the Company is exposed to the risk that counterparties will fail to meet their contractual obligations. To mitigate this counterparty credit risk, the Company has a practice of entering into contracts only with major financial institutions selected based upon their credit ratings and other financial factors. The Company monitors the creditworthiness of counterparties throughout the duration of the derivative instrument.

Additional information is contained within Note 19, Fair Value Measurements.

Derivative Holdings Designated as Hedges

For a derivative to qualify as a hedge at inception and throughout the hedged period, the Company formally documents the nature of the hedged items and the relationships between the hedging instruments and the hedged items, as well as its risk-management objectives, strategies for undertaking the various hedge transactions, and the methods of assessing hedge effectiveness and ineffectiveness. In addition, for hedges of forecasted transactions, the significant characteristics and expected terms of a forecasted transaction must be specifically identified, and it must be probable that each forecasted transaction would occur. If it were deemed probable that the forecasted transaction would not occur, the gain or loss on the derivative instrument would be recognized in earnings immediately. No such gains or losses were recognized in earnings for any of the periods presented. Derivative financial instruments qualifying for hedge accounting must maintain a specified level of effectiveness between the hedging instrument and the item being hedged, both at inception and throughout the hedged period, which management evaluates periodically.

The primary currencies to which the Company is exposed are the euro, British pound, Canadian dollar, and Australian dollar. For the most part, merchandise inventories are purchased by each geographic area in their respective local currency other than in the United Kingdom, which purchases its merchandise inventories using the euro.

For option and foreign exchange forward contracts designated as cash flow hedges of the purchase of inventory, the effective portion of gains and losses is deferred as a component of Accumulated Other Comprehensive Loss (“AOCL”) and is recognized as a component of cost of sales when the related inventory is sold. The amount reclassified to cost of sales related to such contracts was not significant for any of the periods presented. The effective portion of gains or losses associated with other forward contracts is deferred as a component of AOCL until the underlying transaction is reported in earnings. The ineffective portion of gains and losses related to cash flow hedges recorded to earnings was also not significant for any of the periods presented. When using a forward contract as a hedging instrument, the Company excludes the time value of the contract from the assessment of effectiveness. For all years presented, all of the Company’s hedged forecasted transactions are less than twelve months, and the Company expects all derivative-related amounts reported in AOCL to be reclassified to earnings within twelve months. During 2014, the net change in the fair value of the foreign exchange derivative financial instruments designated as cash flow hedges of the purchase of inventory resulted in a loss of $1 million and therefore increased AOCL. At January 31, 2015 there was a $3 million loss included in AOCL.

The notional value of the contracts outstanding at January 31, 2015 was $63 million and these contracts extend through January 2016.

Derivative Holdings Designated as Non-Hedges

The Company enters into foreign exchange forward contracts that are not designated as hedges in order to manage the costs of certain foreign currency-denominated merchandise purchases and intercompany transactions. Changes in the fair value of these foreign exchange forward contracts are recorded in earnings immediately within selling, general and administrative expenses. The net change in fair value was not significant for 2014, was $1 million for 2013, and was not significant for 2012. The notional value of the contracts outstanding at January 31, 2015 was $34 million, and these contracts extend through October 2015.

The Company may mitigate the effect of fluctuating foreign exchange rates on the reporting of foreign currency-denominated earnings by entering into currency option contracts. Changes in the fair value of these foreign currency option contracts, which are designated as non-hedges, are recorded in earnings immediately within other income. During 2014, the Company recorded realized gains of $1 million, net of premiums paid, in connection with such contracts. The amounts recorded in prior years were not significant. There were no contracts outstanding at January 31, 2015.

Fair Value of Derivative Contracts

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 Values and Foreign Currency Exchange Rates

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

Business Risk

The retailing business is highly competitive. Price, quality, selection of merchandise, reputation, store location, advertising, and customer service are important competitive factors in the Company’s business. The Company operates in 23 countries and purchased approximately 89 percent of its merchandise in 2014 from its top 5 suppliers. In 2014, the Company purchased approximately 73 percent of its athletic merchandise from one major supplier, Nike, Inc. (“Nike”), and approximately 11 percent from another major supplier. Each of our operating divisions is highly dependent on Nike; they individually purchased 47 to 84 percent of their merchandise from Nike.

Included in the Company’s Consolidated Balance Sheet at January 31, 2015, are the net assets of the Company’s European operations, which total $883 million and are located in 19 countries, 11 of which have adopted the euro as their functional currency.

The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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Reference 10: http://www.xbrl.org/2003/role/presentationRef
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Reference 14: http://www.xbrl.org/2003/role/presentationRef
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+ Details

Fair Value Measurements

12 Months Ended

Jan. 31, 2015

Fair Value Disclosures [Abstract]

Fair Value Measurements

19. Fair Value Measurements

The following table provides a summary of the recognized assets and liabilities that are measured at fair value on a recurring basis:


	As of January 31, 2015						As of February 1, 2014
	(in millions)
	Level 1		Level 2		Level 3		Level 1		Level 2		Level 3
Assets
Available-for-sale securities	$	—	$	6	$	—	$	—	$	6	$	—
Short-term investments		—		—		—		—		9		—
Total Assets	$	—	$	6	$	—	$	—	$	15	$	—
Liabilities
Foreign exchange forward contracts		—		5		—		—		2		—
Total Liabilities	$	—	$	5	$	—	$	—	$	2	$	—

Available-for-sale securities are recorded at fair value with unrealized gains and losses reported, net of tax, in other comprehensive income, unless unrealized losses are determined to be other than temporary. The fair value of the auction rate security is determined by using quoted prices for similar instruments in active markets and accordingly is classified as a Level 2 instrument.

The Company’s short-term investments matured during the second quarter of 2014. In the prior periods presented, these investments represented corporate bonds with maturity dates within one year of the purchase date. These securities were valued using model-derived valuations in which all significant inputs or significant value-drivers were observable in active markets and therefore are classified as Level 2 instruments.

The Company’s derivative financial instruments are valued using market-based inputs to valuation models. These valuation models require a variety of inputs, including contractual terms, market prices, yield curves, and measures of volatility and therefore are classified as Level 2 instruments.

There were no transfers into or out of Level 1, Level 2, or Level 3 assets and liabilities for any of the periods presented

The carrying value and estimated fair value of long-term debt and obligations under capital leases were as follows:


	2014		2013
	(in millions)
Carrying value	$	134	$	139
Fair value	$	163	$	159

The fair value of long-term debt is determined by using model-derived valuations in which all significant inputs or significant value-drivers are observable in active markets and therefore are classified as Level 2. The carrying values of cash and cash equivalents, short-term investments, and other current receivables and payables approximate their fair value.

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

Compensation and Retirement Disclosure [Abstract]

Retirement Plans and Other Benefits

12 Months Ended

Jan. 31, 2015

Retirement Plans and Other Benefits

20. Retirement Plans and Other Benefits

Pension and Other Postretirement Plans

The Company has defined benefit pension plans covering certain of its North American employees, which are funded in accordance with the provisions of the laws where the plans are in effect. In addition, the Company has a defined benefit plan for certain individuals of Runners Point Group. The Company also sponsors postretirement medical and life insurance plans, which are available to most of its retired U.S. employees. These plans are contributory and are not funded. The measurement date of the assets and liabilities is the last day of the fiscal year.

The following tables set forth the plans’ changes in benefit obligations and plan assets, funded status, and amounts recognized in the Consolidated Balance Sheets, measured at January 31, 2015 and February 1, 2014:


	Pension Benefits						Postretirement Benefits
	2014			2013			2014			2013
	(in millions)
Change in benefit obligation
Benefit obligation at beginning of year	$	674		$	706		$	15		$	15
Service cost		15			14			—			—
Interest cost		28			25			1			1
Plan participants’ contributions		—			—			2			2
Actuarial (gain) loss		67			(11	)		4			—
Foreign currency translation adjustments		(9	)		(9	)		—			—
Runners Point Group acquisition		—			1			—			—
Benefits paid		(53	)		(52	)		(3	)		(3	)
Benefit obligation at end of year	$	722		$	674		$	19		$	15
Change in plan assets
Fair value of plan assets at beginning of year	$	650		$	673
Actual return on plan assets		90			33
Employer contributions		9			5
Foreign currency translation adjustments		(10	)		(9	)
Benefits paid		(53	)		(52	)
Fair value of plan assets at end of year	$	686		$	650


	Pension Benefits						Postretirement Benefits
	2014			2013			2014			2013
	(in millions)
Funded status	$	(36	)	$	(24	)	$	(19	)	$	(15	)
Amounts recognized on the balance sheet:
Other assets	$	13		$	4		$	—		$	—
Accrued and other liabilities		(3	)		(3	)		(1	)		(1	)
Other liabilities		(46	)		(25	)		(18	)		(14	)
	$	(36	)	$	(24	)	$	(19	)	$	(15	)
Amounts recognized in accumulated other comprehensive loss, pre-tax:
Net loss (gain)	$	394		$	399		$	(6	)	$	(13	)
Prior service cost		1			1			—			—
	$	395		$	400		$	(6	)	$	(13	)

As of January 31, 2015 and February 1, 2014, the Canadian qualified pension plan’s assets exceeded its accumulated benefit obligation. Information for those pension plans with an accumulated benefit obligation in excess of plan assets is as follows:


	2014		2013
	(in millions)
Projected benefit obligation	$	662	$	603
Accumulated benefit obligation		662		603
Fair value of plan assets		613		575

The following tables set forth the changes in accumulated other comprehensive loss (pre-tax) at January 31, 2015:


	Pension Benefits			Postretirement Benefits
	(in millions)
Net actuarial loss (gain) at beginning of year	$	399		$	(13	)
Amortization of net (loss) gain		(15	)		3
Loss arising during the year		15			4
Foreign currency fluctuations		(5	)		—
Net actuarial loss (gain) at end of year⁽¹⁾	$	394		$	(6	)
Net prior service cost at end of year⁽¹⁾		1			—
Total amount recognized	$	395		$	(6	)

(1)

The amounts in accumulated other comprehensive loss that are expected to be recognized as components of net periodic benefit cost (income) during the next year are approximately $14 million and $(2) million related to the pension and postretirement plans, respectively. The net prior service cost did not change during the year.

The following weighted-average assumptions were used to determine the benefit obligations under the plans:


	Pension Benefits						Postretirement Benefits
	2014			2013			2014			2013
Discount rate		3.43	%		4.32	%		3.40	%		4.20	%
Rate of compensation increase		3.67	%		3.69	%

Pension expense is actuarially calculated annually based on data available at the beginning of each year. The expected return on plan assets is determined by multiplying the expected long-term rate of return on assets by the market-related value of plan assets for the U.S. qualified pension plan and market value for the Canadian qualified pension plan. The market-related value of plan assets is a calculated value that recognizes investment gains and losses in fair value related to equities over three or five years, depending on which computation results in a market-related value closer to market value. Market-related value for the U.S. qualified plan was $557 million and $579 million for 2014 and 2013, respectively.

Assumptions used in the calculation of net benefit cost include the discount rate selected and disclosed at the end of the previous year as well as other assumptions detailed in the table below:


	Pension Benefits									Postretirement Benefits
	2014			2013			2012			2014			2013			2012
Discount rate		4.33	%		3.79	%		4.16	%		4.20	%		3.70	%		4.00	%
Rate of compensation increase		3.67	%		3.69	%		3.68	%
Expected long-term rate of return on assets		6.25	%		6.24	%		6.63	%

The expected long-term rate of return on invested plan assets is based on the plans’ weighted-average target asset allocation, as well as historical and future expected performance of those assets. The target asset allocation is selected to obtain an investment return that is sufficient to cover the expected benefit payments and to reduce future contributions by the Company.

The components of net benefit expense (income) are:


	Pension Benefits									Postretirement Benefits
	2014			2013			2012			2014			2013			2012
	(in millions)
Service cost	$	15		$	14		$	13		$	—		$	—		$	—
Interest cost		28			25			28			1			1			—
Expected return on plan assets		(38	)		(39	)		(40	)		—			—			—
Amortization of prior service cost		—			—			—			—			—			—
Amortization of net loss (gain)		15			17			17			(3	)		(3	)		(4	)
Net benefit expense (income)	$	20		$	17		$	18		$	(2	)	$	(2	)	$	(4	)

Beginning with 2001, new retirees were charged the expected full cost of the medical plan and then-existing retirees will incur 100 percent of the expected future increases in medical plan costs. Any changes in the health care cost trend rates assumed would not affect the accumulated benefit obligation or net benefit income, since retirees will incur 100 percent of such expected future increase.

The Company maintains a Supplemental Executive Retirement Plan (“SERP”), which is an unfunded plan that includes provisions for the continuation of medical and dental insurance benefits to certain executive officers and other key employees of the Company (“SERP Medical Plan”). The SERP Medical Plan’s accumulated projected benefit obligation at January 31, 2015 was approximately $15 million.

The following initial and ultimate cost trend rate assumptions were used to determine the benefit obligations under the SERP Medical Plan:


	Medical Trend Rate									Dental Trend Rate
	2014			2013			2012			2014			2013			2012
Initial cost trend rate		7.00	%		7.00	%		7.50	%		5.00	%		5.00	%		5.00	%
Ultimate cost trend rate		5.00	%		5.00	%		5.00	%		5.00	%		5.00	%		5.00	%
Year that the ultimate cost trend rate is reached		2019			2018			2018			2013			2013			2013

The following initial and ultimate cost trend rate assumptions were used to determine the net periodic cost under the SERP Medical Plan:


	Medical Trend Rate									Dental Trend Rate
	2014			2013			2012			2014			2013			2012
Initial cost trend rate		7.00	%		7.50	%		8.00	%		5.00	%		5.00	%		5.50	%
Ultimate cost trend rate		5.00	%		5.00	%		5.00	%		5.00	%		5.00	%		5.00	%
Year that the ultimate cost trend rate is reached		2018			2018			2018			2013			2013			2013

A one percentage-point change in the assumed health care cost trend rates would have the following effects on the SERP Medical Plan:


	1% Increase		1% (Decrease)
	(in millions)
Effect on total service and interest cost components	$	—	$	—
Effect on accumulated postretirement benefit obligation		4		(3	)

In 2014, the Company changed the mortality table used to calculate the present value of pension and postretirement plan liabilities, excluding the SERP Medical Plan. We previously used the RP 2000 mortality table projected with scale AA to 2019 for males and to 2013 for females. In 2014, we used the RP 2000 mortality table with generational projection using scale AA for both males and females. We chose the RP 2000 table because it resulted in the closest match to the Company’s actual experience. For the SERP Medical Plan, the mortality assumption was updated to the RP 2014 table with generational projection using MP 2014.

Plan Assets

During 2014, the target composition of the Company’s U.S. qualified pension plan assets was 58 percent fixed-income securities, 38 percent equity, and 4 percent real estate investment trust. The Company may alter the targets from time to time depending on market conditions and the funding requirements of the pension plan. This current asset allocation is expected to limit volatility with regard to the funded status of the plan, but will result in higher pension expense due to the lower long-term rate of return associated with fixed-income securities. Due to market conditions and other factors, actual asset allocations may vary from the target allocation outlined above.

The Company believes that plan assets are invested in a prudent manner with an objective of providing a total return that, over the long term, provides sufficient assets to fund benefit obligations, taking into account the Company’s expected contributions and the level of risk deemed appropriate.

The Company’s investment strategy seeks to utilize asset classes with differing rates of return, volatility, and correlation in order to reduce risk by providing diversification relative to equities. Diversification within asset classes is also utilized to ensure that there are no significant concentrations of risk in plan assets and to reduce the effect that the return on any single investment may have on the entire portfolio.

The target composition of the Company’s Canadian qualified pension plan assets is 95 percent fixed-income securities and 5 percent equity. The Company believes that plan assets are invested in a prudent manner with the same overall objective and investment strategy as noted above for the U.S. pension plan. The bond portfolio is comprised of government and corporate bonds chosen to match the duration of the pension plan’s benefit payment obligations. This current asset allocation will limit future volatility with regard to the funded status of the plan. This allocation has resulted in higher pension expense due to the lower long-term rate of return associated with fixed-income securities.

The assets related to the Runners Point Group pension plans were not significant.

Valuation of Investments

Significant portions of plan assets are invested in commingled trust funds. These funds are valued at the net asset value of units held by the plan at year end. Stocks traded on U.S. security exchanges are valued at closing market prices on the measurement date.

The fair values of the Company’s U.S. pension plan assets at January 31, 2015 and February 1, 2014 were as follows:


	Level 1		Level 2		Level 3		2014 Total		2013 Total*
	(in millions)
Cash and cash equivalents	$	—	$	1	$	—	$	1	$	—
Equity securities:
U.S. large-cap⁽¹⁾		—		102		—		102		101
U.S. mid-cap⁽¹⁾		—		31		—		31		30
International⁽²⁾		—		71		—		71		67
Corporate stock⁽³⁾		21		—		—		21		15
Fixed-income securities:
Long duration corporate and government bonds⁽⁴⁾		—		254		—		254		236
Intermediate duration corporate and government bonds⁽⁵⁾		—		110		—		110		105
Other types of investments:
Real estate securities⁽⁶⁾		—		20		—		20		20
Insurance contracts		—		1		—		1		1
Other⁽⁷⁾		—		2		—		2		—
Total assets at fair value	$	21	$	592	$	—	$	613	$	575

Each category of plan assets is classified within the same level of the fair value hierarchy for 2014 and 2013.

(1)

These categories consist of various managed funds that invest primarily in common stocks, as well as other equity securities and a combination of other funds.

(2)

This category comprises three managed funds that invest primarily in international common stocks, as well as other equity securities and a combination of other funds.

(3)

This category consists of the Company’s common stock. The increase from the prior year is due to price appreciation No additional stock was contributed during the year.

(4)

This category consists of various fixed-income funds that invest primarily in long-term bonds, as well as a combination of other funds, that together are designed to exceed the performance of related long-term market indices.

(5)

This category consists of two fixed-income funds that invests primarily in intermediate duration bonds, as well as a combination of other funds, that together are designed to exceed the performance of related indices.

(6)

This category consists of one fund that invests in global real estate securities.

(7)

This category consists primarily of cash related to net pending trade purchases and sales.

No Level 3 assets were held by the U.S. pension plan during 2014 and 2013.

The fair values of the Company’s Canadian pension plan assets at January 31, 2015 and February 1, 2014 were as follows:


	Level 1		Level 2		Level 3		2014 Total		2013 Total*
	(in millions)
Cash and cash equivalents	$	—	$	3	$	—	$	3	$	—
Equity securities:
Canadian and international⁽¹⁾		5		—		—		5		5
Fixed-income securities:
Cash matched bonds⁽²⁾		—		65		—		65		70
Total assets at fair value	$	5	$	68	$	—	$	73	$	75

Each category of plan assets is classified within the same level of the fair value hierarchy for 2014 and 2013.

(1)

This category comprises one mutual fund that invests primarily in a diverse portfolio of Canadian securities.

(2)

This category consists of fixed-income securities, including strips and coupons, issued or guaranteed by the Government of Canada, provinces or municipalities of Canada including their agencies and crown corporations, as well as other governmental bonds and corporate bonds.

No Level 3 assets were held by the Canadian pension plan during 2014 and 2013.

During 2014, the Company made contributions of $6 million to its Canadian qualified pension plan. The Company continuously evaluates the amount and timing of any future contributions. The Company currently does not expect to contribute to its U.S. or Canadian qualified plans in 2015. Additional contributions will depend on the plan asset performance and other factors. During 2014, the Company also paid $3 million in pension benefits related to its non-qualified pension plans.

Estimated future benefit payments for each of the next five years and the five years thereafter are as follows:


	Pension Benefits		Postretirement Benefits
	(in millions)
2015	$	66	$	1
2016		55		1
2017		53		1
2018		52		1
2019		53		1
2020 – 2024		232		5

Savings Plans

The Company has two qualified savings plans, a 401(k) Plan that is available to employees whose primary place of employment is the U.S., and an 1165(e) Plan that is available to employees whose primary place of employment is in Puerto Rico. Both plans limit participation to employees who have attained at least the age of twenty-one and have completed one year of service consisting of at least 1,000 hours. As of January 1, 2015, the savings plans allow eligible employees to contribute up to 40 percent of their compensation on a pre-tax basis, subject to a maximum of $18,000 for the U.S. plan and $15,000 for the Puerto Rico plan of their compensation on a pre-tax basis. The Company’s matching contribution is an amount equal to 25 percent of employees’ pre-tax contributions up to 25 percent of the first 4 percent of the employees’ compensation (subject to certain limitations). This matching contribution is made with Company stock and such matching contributions are vested incrementally over the first 5 years of participation for both plans. The charge to operations for the Company’s matching contribution was $3 million for all years presented.

Share-Based Compensation

12 Months Ended

Jan. 31, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Share-Based Compensation

21. Share-Based Compensation

Stock Awards

Under the Company’s 2007 Stock Incentive Plan (the “2007 Stock Plan”), stock options, restricted stock, restricted stock units, stock appreciation rights, or other stock-based awards may be granted to officers and other employees of the Company, including its subsidiaries and operating divisions worldwide. Nonemployee directors are also eligible to receive awards under this plan. Options for employees become exercisable in substantially equal annual installments over a three-year period, beginning with the first anniversary of the date of grant of the option, unless a shorter or longer duration is established at the time of the option grant. Options for nonemployee directors become exercisable one year from the date of grant. The options terminate up to ten years from the date of grant. On May 21, 2014, the 2007 Stock Plan was amended to increase the number of shares of the Company’s common stock reserved for all awards to 14 million shares.

Employees Stock Purchase Plan

In 2013, the Company adopted the 2013 Foot Locker Employees Stock Purchase Plan (“2013 ESPP”), whose terms are substantially the same as the 2003 Employees Stock Purchase Plan (“2003 ESPP”). No further shares may be issued under the 2003 ESPP. Under the 2013 ESPP participating employees are able to contribute up to 10 percent of their annual compensation, not to exceed $25,000 in any plan year, through payroll deductions to acquire shares of the Company’s common stock at 85 percent of the lower market price on one of two specified dates in each plan year. Under the 2013 ESPP, 3,000,000 shares of common stock were available for purchase beginning June 2014, of which 958 participating employees purchased 160,859 shares in 2014.

Share-Based Compensation Expense

Total compensation expense included in SG&A and the associated tax benefits recognized related to the Company’s share-based compensation plans were as follows:


	2014		2013		2012
	(in millions)
Options and shares purchased under the employee stock purchase plan	$	13	$	12	$	10
Restricted stock and units		11		13		10
Total share-based compensation expense	$	24	$	25	$	20
Tax benefit	$	7	$	8	$	6
Tax deductions in excess of the cumulative compensation cost	$	12	$	9	$	11

Valuation Model and Assumptions

The Company uses a Black-Scholes option-pricing model to estimate the fair value of share-based awards. The Black-Scholes option-pricing model incorporates various and highly subjective assumptions, including expected term and expected volatility.

The Company estimates the expected term of share-based awards granted using the Company’s historical exercise and post-vesting employment termination patterns, which it believes are representative of future behavior. The expected term for the employee stock purchase plan valuation is based on the length of each purchase period as measured at the beginning of the offering period, which is one year.

The Company estimates the expected volatility of its common stock at the grant date using a weighted-average of the Company’s historical volatility and implied volatility from traded options on the Company’s common stock. The Company believes that the combination of historical volatility and implied volatility provides a better estimate of future stock price volatility.

The risk-free interest rate assumption is determined using the Federal Reserve nominal rates for U.S. Treasury zero-coupon bonds with maturities similar to those of the expected term of the award being valued. The expected dividend yield is derived from the Company’s historical experience.

The Company records share-based compensation expense only for those awards expected to vest using an estimated forfeiture rate based on its historical pre-vesting forfeiture data. The Company estimates pre-vesting option forfeitures at the time of grant and periodically revises those estimates in subsequent periods if actual forfeitures differ from those estimates.

The following table shows the Company’s assumptions used to compute the share-based compensation expense:


	Stock Option Plans									Stock Purchase Plan
	2014			2013			2012			2014			2013			2012
Weighted-average risk free rate of interest		2.07	%		1.02	%		1.49	%		0.14	%		0.17	%		0.22	%
Expected volatility		39	%		42	%		43	%		24	%		40	%		38	%
Weighted-average expected award life (in years)		6.1			6.0			5.5			1.0			1.0			1.0
Dividend yield		1.9	%		2.3	%		2.3	%		2.0	%		2.3	%		2.5	%
Weighted-average fair value	$	15.30		$	10.98		$	10.13		$	7.35		$	5.79		$	6.11

The information set forth in the following table covers options granted under the Company’s stock option plans:


	2014					2013					2012
	Number of Shares			Weighted- Average Exercise Price		Number of Shares			Weighted- Average Exercise Price		Number of Shares			Weighted- Average Exercise Price
	(in thousands, except prices per share)
Options outstanding at beginning of year		5,668		$	22.66		5,907		$	19.93		7,227		$	18.44
Granted		849		$	46.20		1,154		$	34.25		940		$	30.96
Exercised		(810	)	$	21.74		(1,328	)	$	20.26		(2,213	)	$	19.67
Expired or cancelled		(138	)	$	42.55		(65	)	$	29.55		(47	)	$	23.74
Options outstanding at end of year		5,569		$	25.89		5,668		$	22.66		5,907		$	19.93
Options exercisable at end of year		3,759		$	19.74		3,495		$	18.02		3,593		$	17.83
Options vested and expected to vest		5,546		$	25.82		5,558		$	22.45		5,804		$	19.82
Options available for future grant at end of year		13,911					3,267					5,518

The total intrinsic value of options exercised (the difference between the market price of the Company’s common stock on the exercise date and the price paid by the optionee to exercise the option) is presented below:


	2014		2013		2012
	(in millions)
Exercised	$	22	$	21	$	29

The aggregate intrinsic value for stock options outstanding, outstanding and exercisable, and vested and expected to vest (the difference between the Company’s closing stock price on the last trading day of the period and the exercise price of the options, multiplied by the number of in-the-money stock options) is presented below:


	2014		2013		2012
	(in millions)
Outstanding	$	152	$	90	$	86
Outstanding and exercisable	$	126	$	72	$	60
Vested and expected to vest	$	152	$	90	$	86

As of January 31, 2015, there was $7 million of total unrecognized compensation cost, net of estimated forfeitures, related to nonvested stock options, which is expected to be recognized over a remaining weighted-average period of 1.35 years.

The Company received $17 million in cash from option exercises for the year ended January 31, 2015. The tax benefit realized from option exercises was $8 million, $7 million, and $11 million for 2014, 2013, and 2012, respectively.

The following table summarizes information about stock options outstanding and exercisable at January 31, 2015:


	Options Outstanding						Options Exercisable
Range of Exercise Prices	Number Outstanding		Weighted- Average Remaining Contractual Life		Weighted- Average Exercise Price		Number Exercisable		Weighted- Average Exercise Price
	(in thousands, except prices per share and contractual life)
$9.85 to $15.10		1,466		4.63	$	12.39		1,466	$	12.39
$18.80 to $24.76		1,453		5.03	$	20.10		1,453	$	20.10
$25.19 to $34.27		1,896		7.45	$	32.70		828	$	31.82
$34.42 to $56.35		754		9.15	$	46.15		12	$	40.51
		5,569		6.31	$	25.89		3,759	$	19.74

Restricted Stock and Units

Restricted shares of the Company’s common stock and restricted stock units may be awarded to certain officers and key employees of the Company. Awards made to executives outside of the United States and to nonemployee directors are made in the form of restricted stock units. Each restricted stock unit represents the right to receive one share of the Company’s common stock provided that the vesting conditions are satisfied. In 2014, 2013, and 2012, there were 755,936, 1,027,542, and 1,254,876 restricted stock units outstanding, respectively.

Generally, awards fully vest after the passage of time, typically three years. However, restricted stock unit grants made in connection with the Company’s long-term incentive program vest after the attainment of certain performance metrics and the passage of time. Restricted stock is considered outstanding at the time of grant and the holders have voting rights. Dividends are paid to holders of restricted stock that vest with the passage of time; for performance-based restricted stock, dividends will be accumulated and paid after the performance criteria are met. No dividends are paid on restricted stock units.

Compensation expense is recognized using the fair market value at the date of grant and is amortized over the vesting period, provided the recipient continues to be employed by the Company.

Restricted share and unit activity is summarized as follows:


	2014					2013					2012
	Number of Shares			Wtg. Avg. Grant Date Fair Value per share		Number of Shares			Wtg. Avg. Grant Date Fair Value per share		Number of Shares			Wtg. Avg. Grant Date Fair Value per share
	(in thousands, except prices per share)
Nonvested at beginning of year		1,369		$	27.20		1,564		$	19.50		2,068		$	14.52
Granted		360		$	46.48		469		$	35.03		278		$	30.89
Vested		(649	)	$	20.84		(649	)	$	14.50		(782	)	$	10.37
Expired or cancelled		(42	)	$	24.69		(15	)	$	18.30		—		$	—
Nonvested at end of year		1,038		$	37.96		1,369		$	27.20		1,564		$	19.50
Aggregate value (in millions)	$	39				$	37				$	30
Wtg. Avg. remaining contractual life (in years)		1.12					0.89					0.84

The total fair value of awards for which restrictions lapsed was $14 million, $9 million, and $8 million for 2014, 2013, and 2012, respectively. At January 31, 2015, there was $12 million of total unrecognized compensation cost net of estimated forfeitures, related to nonvested restricted stock awards.

Legal Proceedings

12 Months Ended

Jan. 31, 2015

Commitments and Contingencies Disclosure [Abstract]

Legal Proceedings

22. Legal Proceedings

Legal proceedings pending against the Company or its consolidated subsidiaries consist of ordinary, routine litigation, including administrative proceedings, incidental to the business of the Company or businesses that have been sold or disposed of by the Company in past years. These legal proceedings include commercial, intellectual property, customer, environmental, and employment-related claims.

Certain of the Company’s subsidiaries are defendants in a number of lawsuits filed in state and federal courts containing various class action allegations under federal or state wage and hour laws, including allegations concerning unpaid overtime, meal and rest breaks, and uniforms.

The Company is a defendant in one such case in which plaintiff alleges that the Company permitted unpaid off-the-clock hours in violation of the Fair Labor Standards Act and state labor laws. The case, Pereira v. Foot Locker, was filed in the U.S. District Court for the Eastern District of Pennsylvania in 2007. In his complaint, in addition to unpaid wage and overtime allegations, plaintiff seeks compensatory and punitive damages, injunctive relief, and attorneys’ fees and costs. In 2009, the Court conditionally certified a nationwide collective action. During the course of 2010, notices were sent to approximately 81,888 current and former employees of the Company offering them the opportunity to participate in the class action, and approximately 5,027 have opted in.

The Company is a defendant in additional purported wage and hour class actions that assert claims similar to those asserted in Pereira and seek similar remedies. With the exception of Hill v. Foot Locker filed in state court in Illinois, Kissinger v. Foot Locker filed in state court of California, and Cortes v. Foot Locker filed in federal court in New York, all of these actions were consolidated by the United States Judicial Panel on Multidistrict Litigation with Pereira under the caption In re Foot Locker, Inc. Fair Labor Standards Act and Wage and Hour Litigation. In Hill v. Foot Locker, in May 2011, the court granted plaintiffs’ motion for certification of an opt-out class covering certain Illinois employees only. The Company and plaintiffs have entered into a proposed settlement agreement to resolve the consolidated cases, Hill and Cortes, that is subject to court approval. The court recently granted preliminary approval of the proposed settlement agreement.

The Company and the Company’s U.S. retirement plan are defendants in a purported class action (Osberg v. Foot Locker, filed in the U.S. District Court for the Southern District of New York) in which the plaintiff alleges that, in connection with the 1996 conversion of the retirement plan to a defined benefit plan with a cash balance formula, the Company and the retirement plan failed to properly advise plan participants of the “wear-away” effect of the conversion. Plaintiff’s current claims are for breach of fiduciary duty under the Employee Retirement Income Security Act of 1974 and violation of the statutory provisions governing the content of the Summary Plan Description. The district court issued rulings certifying the class. The Company sought leave to appeal the class certification rulings to the U.S. Court of Appeals for the Second Circuit, but these applications were denied. Trial is scheduled for June 22, 2015.

Management does not believe that the outcome of any such legal proceedings pending against the Company or its consolidated subsidiaries, including In re Foot Locker, Inc. Fair Labor Standards Act and Wage and Hour Litigation, Hill, Cortes, Kissinger, and Osberg, as described above, would have a material adverse effect on the Company’s consolidated financial position, liquidity, or results of operations, taken as a whole. Litigation is inherently unpredictable, and judgments could be rendered or settlements entered that could adversely affect the Company’s operating results or cash flows in a particular period.

Quarterly Results (Unaudited)

12 Months Ended

Jan. 31, 2015

Quarterly Financial Information Disclosure [Abstract]

Quarterly Results (Unaudited)

23. Quarterly Results (Unaudited)


	1^st Q		2^nd Q		3^rd Q		4^th Q		Year
	(in millions, except per share amounts)
Sales
2014		1,868		1,641		1,731		1,911	$	7,151
2013		1,638		1,454		1,622		1,791	$	6,505
Gross margin⁽¹⁾
2014		646		525		574		629	$	2,374
2013		561		453		537		582	$	2,133
Operating profit⁽²⁾
2014		254		144		187		220	$	805
2013		215		106		162		181	$	664
Net income
2014		162		92		120		146	$	520
2013		138		66		104		121	$	429
Basic earnings per share:
2014		1.12		0.63		0.84		1.03	$	3.61
2013		0.92		0.44		0.70		0.83	$	2.89
Diluted earnings per share:
2014		1.10		0.63		0.82		1.01	$	3.56
2013		0.90		0.44		0.70		0.81	$	2.85

(1)

Gross margin represents sales less cost of sales.

(2)

Operating profit represents income before income taxes, interest expense, net, and non-operating income.

Summary of Significant Accounting Policies (Policies)

12 Months Ended

Jan. 31, 2015

Accounting Policies [Abstract]

Basis of Presentation

Reporting Year

Revenue Recognition

Gift Cards

Store Pre-Opening and Closing Costs

Advertising Costs and Sales Promotion

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


	2014			2013			2012
	(in millions)
Advertising expenses	$	125		$	124		$	132
Cooperative advertising reimbursements		(21	)		(22	)		(25	)
Net advertising expense	$	104		$	102		$	107

Catalog Costs

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


	2014			2013			2012
	(in millions)
Catalog costs	$	32		$	36		$	45
Cooperative reimbursements		(7	)		(5	)		(6	)
Net catalog expense	$	25		$	31		$	39

Earnings Per Share

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


	2014		2013		2012
	(in millions, except per share data)
Net Income	$	520	$	429	$	397
Weighted-average common shares outstanding		143.9		148.4		151.2
Basic earnings per share	$	3.61	$	2.89	$	2.62
Weighted-average common shares outstanding		143.9		148.4		151.2
Dilutive effect of potential common shares		2.1		2.1		2.8
Weighted-average common shares outstanding assuming dilution		146.0		150.5		154.0
Diluted earnings per share	$	3.56	$	2.85	$	2.58

Share-Based Compensation

Cash and Cash Equivalents

Investments

Merchandise Inventories and Cost of Sales

Property and Equipment


Buildings		Maximum of 50 years
Leasehold improvements		10 years or term of lease, if shorter
Furniture, fixtures, and equipment		3 – 10 years
Software		2 – 7 years

Maintenance and repairs are charged to current operations as incurred. Major renewals or replacements that substantially extend the useful life of an asset are capitalized and depreciated.

Internal-Use Software Development Costs

Recoverability of Long-Lived Assets

Goodwill and Other Intangible Assets

Goodwill and intangible assets with indefinite lives are reviewed for impairment annually during the first quarter of its fiscal year or more frequently if impairment indicators arise.

Derivative Financial Instruments

Fair Value

Level 1 — Quoted prices for identical instruments in active markets.

Level 3 — Model-derived valuations in which one or more significant inputs or significant value-drivers are unobservable.

Income Taxes

Pension and Postretirement Obligations

Insurance Liabilities

Accounting for Leases

Foreign Currency Translation

Recent Accounting Pronouncements

Other recently issued accounting pronouncements did not, or are not believed by management to, have a material effect on the Company’s present or future consolidated financial statements.

Summary of Significant Accounting Policies (Tables)

12 Months Ended

Jan. 31, 2015

Significant Accounting Policies [Line Items]

Computation of Basic and Diluted Earnings Per Share

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


	2014		2013		2012
	(in millions, except per share data)
Net Income	$	520	$	429	$	397
Weighted-average common shares outstanding		143.9		148.4		151.2
Basic earnings per share	$	3.61	$	2.89	$	2.62
Weighted-average common shares outstanding		143.9		148.4		151.2
Dilutive effect of potential common shares		2.1		2.1		2.8
Weighted-average common shares outstanding assuming dilution		146.0		150.5		154.0
Diluted earnings per share	$	3.56	$	2.85	$	2.58

Estimated Useful Lives

Depreciation and amortization are computed on a straight-line basis over the following estimated useful lives:


Buildings		Maximum of 50 years
Leasehold improvements		10 years or term of lease, if shorter
Furniture, fixtures, and equipment		3 – 10 years
Software		2 – 7 years

Advertising Expense [Member]

Significant Accounting Policies [Line Items]

Catalog 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:


	2014			2013			2012
	(in millions)
Advertising expenses	$	125		$	124		$	132
Cooperative advertising reimbursements		(21	)		(22	)		(25	)
Net advertising expense	$	104		$	102		$	107

Catalog Expense [Member]

Significant Accounting Policies [Line Items]

Catalog 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:


	2014			2013			2012
	(in millions)
Catalog costs	$	32		$	36		$	45
Cooperative reimbursements		(7	)		(5	)		(6	)
Net catalog expense	$	25		$	31		$	39

Segment Information (Tables)

12 Months Ended

Jan. 31, 2015

Segment Reporting [Abstract]

Sales and Division Operating Results for Reportable Segments


	2014		2013		2012
	(in millions)
Sales
Athletic Stores	$	6,286	$	5,790	$	5,568
Direct-to-Customers		865		715		614
Total sales	$	7,151	$	6,505	$	6,182

Operating Results
Athletic Stores⁽¹⁾	$	777	$	656	$	653
Direct-to-Customers⁽²⁾		109		84		65
Division profit		886		740		718
Less: Corporate expense⁽³⁾		81		76		108
Operating profit		805		664		610
Other income		9		4		2
Interest expense, net		5		5		5
Income before income taxes	$	809	$	663	$	607

(1)

(2)

(3)

Segment Information


	Depreciation and Amortization						Capital Expenditures⁽¹⁾						Total Assets
	2014		2013		2012		2014		2013		2012		2014		2013		2012
	(in millions)
Athletic Stores	$	119	$	112	$	96	$	151	$	163	$	128	$	2,499	$	2,398	$	2,310
Direct-to-Customers		7		9		9		9		5		5		315		320		290
		126		121		105		160		168		133		2,814		2,718		2,600
Corporate		13		12		13		30		38		30		763		769		767
Total Company	$	139	$	133	$	118	$	190	$	206	$	163	$	3,577	$	3,487	$	3,367

(1)

Reflects cash capital expenditures for all years presented.

Sales and Long-Lived Asset Information by Geographic Area


	2014		2013		2012
	(in millions)
Sales
United States	$	4,976	$	4,567	$	4,495
International		2,175		1,938		1,687
Total sales	$	7,151	$	6,505	$	6,182


	2014		2013		2012
	(in millions)
Long-Lived Assets
United States	$	446	$	394	$	321
International		174		196		169
Total long-lived assets	$	620	$	590	$	490

Impairment and Other Charges (Tables)

12 Months Ended

Jan. 31, 2015

Asset Impairment Charges [Abstract]

Impairment Charges


	2014		2013		2012
	(in millions)
Charges recorded in connection with CCS-
Impairment of intangible assets	$	2	$	—	$	7
Impairment of long-lived assets		—		—		5
CCS store closure costs		—		2		—
Total CCS charges	$	2	$	2	$	12
Other intangible asset impairments		2		—		—
Total impairment and other charges	$	4	$	2	$	12

Merchandise Inventories (Tables)

12 Months Ended

Jan. 31, 2015

Inventory Disclosure [Abstract]

Merchandise Inventories


	2014		2013
	(in millions)
LIFO inventories	$	821	$	746
FIFO inventories		429		474
Total merchandise inventories	$	1,250	$	1,220

Other Current Assets (Tables)

12 Months Ended

Jan. 31, 2015

Prepaid Expense and Other Assets, Current [Abstract]

Other Current Assets


	2014		2013
	(in millions)
Net receivables	$	78	$	99
Prepaid rent		77		75
Prepaid income taxes		34		35
Prepaid expenses and other current assets		32		34
Deferred taxes and costs		17		20
Income tax receivable		1		—
	$	239	$	263

Property and Equipment, Net (Tables)

12 Months Ended

Jan. 31, 2015

Property, Plant and Equipment [Abstract]

Property and Equipment, Net


	2014			2013
	(in millions)
Land	$	4		$	6
Buildings:
Owned		44			44
Furniture, fixtures, equipment and software development costs:
Owned		900			888
Assets under capital leases		9			10
		957			948
Less: accumulated depreciation		(606	)		(621	)
		351			327
Alterations to leased and owned buildings
Cost		779			804
Less: accumulated amortization		(510	)		(541	)
		269			263
	$	620		$	590

Goodwill (Tables)

12 Months Ended

Jan. 31, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill


	Athletic Stores			Direct-to- Customers			Total
	(in millions)
Goodwill at February 2, 2013	$	18		$	127		$	145
Goodwill from Runners Point Group acquisition		3			15			18
Goodwill at February 1, 2014	$	21		$	142		$	163
Foreign currency translation adjustment		(4	)		(2	)		(6	)
Goodwill at January 31, 2015	$	17		$	140		$	157

Other Intangible Assets, net (Tables)

12 Months Ended

Jan. 31, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Components of Finite-Lived Intangible Assets and Intangible Assets Not Subject to Amortization


	January 31, 2015							Wtd. Avg. Life in Years⁽²⁾		February 1, 2014
(in millions)	Gross value		Accum. amort.			Net Value		Wtd. Avg. Life in Years⁽²⁾		Gross value		Accum. amort.			Net Value
Amortized intangible assets:⁽¹⁾
Lease acquisition costs	$	128	$	(116	)	$	12		12.0	$	155	$	(137	)	$	18
Trademarks		21		(12	)		9		19.7		21		(11	)		10
Favorable leases		7		(4	)		3		7.4		8		(3	)		5
	$	156	$	(132	)	$	24		14.2	$	184	$	(151	)	$	33
Indefinite life intangible assets⁽¹⁾
Runners Point Group trademarks⁽³⁾							25									30
Other trademarks⁽⁴⁾							—									4
						$	25								$	34
Other intangible assets, net						$	49								$	67

(1)

Includes the effect of foreign currency translation related primarily to the movements of the euro in relation to the U.S. dollar.

(2)

The weighted-average useful life disclosed excludes those assets that are fully amortized.

(3)

(4)

Estimated Future Expected Amortization Expense for Finite Life Intangible Assets

Estimated future amortization expense for finite lived intangibles for the next five years is as follows:


	(in millions)
2015	$	4
2016		4
2017		3
2018		3
2019		3

Other Assets (Tables)

12 Months Ended

Jan. 31, 2015

Other Assets, Noncurrent [Abstract]

Other Assets


	2014		2013
	(in millions)
Restricted cash⁽¹⁾	$	22	$	25
Pension asset		13		4
Auction rate security		6		6
Deferred tax costs		5		7
Funds deposited in insurance trust⁽²⁾		4		6
Other		24		28
	$	74	$	76

(1)

Restricted cash is comprised of amounts held in escrow in connection with various leasing arrangements in Europe.

(2)

Accrued and Other Liabilities (Tables)

12 Months Ended

Jan. 31, 2015

Payables and Accruals [Abstract]

Accrued and Other Liabilities


	2014		2013
	(in millions)
Taxes other than income taxes	$	56	$	56
Other payroll and payroll related costs, excluding taxes		54		54
Incentive bonuses		51		41
Property and equipment⁽¹⁾		49		39
Current deferred tax liabilities		48		46
Customer deposits⁽²⁾		44		38
Income taxes payable		10		5
Other		81		81
	$	393	$	360

(1)

Accruals for property and equipment are properly excluded from the statements of cash flows for all years presented.

(2)

Customer deposits include unredeemed gift cards and certificates, merchandise credits, and deferred revenue related to undelivered merchandise, including layaway sales.

Long-Term Debt and Obligations Under Capital Leases (Tables)

12 Months Ended

Jan. 31, 2015

Maturities of Long-term Debt and Capital Lease Obligations [Abstract]

Long Term Debt And Capital Leases Obligations


	2014		2013
	(in millions)
8.5% debentures payable 2022	$	118	$	118
Unamortized gain related to interest rate swaps⁽¹⁾		12		13
Obligations under capital leases		4		8
	$	134	$	139
Less: current portion of obligations under capital leases		2		3
	$	132	$	136

(1)

In 2009, the Company terminated an interest rate swap at a gain. This gain is being amortized as part of interest expense over the remaining term of the debt using the effective-yield method.

Maturities of Long-term Debt

Maturities of long-term debt and minimum rent payments under capital leases in future periods are:


	Long-Term Debt		Capital Leases		Total
	(in millions)
2015	$	—	$	2	$	2
2016		—		1		1
2017		—		1		1
2018 – 2019		—		—		—
Thereafter		118		—		118
	$	118	$	4	$	122
Less: Imputed interest		—		—		—
Current portion		—		2		2
	$	118	$	2	$	120

Other Liabilities (Tables)

12 Months Ended

Jan. 31, 2015

Other Liabilities, Noncurrent [Abstract]

Other Liabilities


	2014		2013
	(in millions)
Straight-line rent liability	$	124	$	116
Pension benefits		46		25
Income taxes		24		27
Postretirement benefits		18		14
Deferred taxes		14		18
Workers’ compensation and general liability reserves		9		9
Other		18		20
	$	253	$	229

Leases (Tables)

12 Months Ended

Jan. 31, 2015

Leases [Abstract]

Leases


	2014			2013			2012
	(in millions)
Minimum rent	$	615		$	580		$	537
Contingent rent based on sales		25			22			24
Sublease income		(5	)		(2	)		(1	)
	$	635		$	600		$	560

Future Minimum Lease Payments Under Non-Cancelable Operating Leases, Net of Future Non-Cancelable Operating Sublease Payments

Future minimum lease payments under non-cancelable operating leases, net of future non-cancelable operating sublease payments, are:


	(in millions)
2015	$	567
2016		516
2017		453
2018		387
2019		339
Thereafter		1,164
Total operating lease commitments	$	3,426

Accumulated Other Comprehensive Loss (Tables)

12 Months Ended

Jan. 31, 2015

Equity [Abstract]

Accumulated Other Comprehensive Loss

Accumulated other comprehensive loss, net of tax, is comprised of the following:


	2014			2013			2012
	(in millions)
Foreign currency translation adjustments	$	(75	)	$	57		$	82
Cash flow hedges		(3	)		(2	)		3
Unrecognized pension cost and postretirement benefit		(240	)		(240	)		(255	)
Unrealized loss on available-for-sale security		(1	)		(1	)		(1	)
	$	(319	)	$	(186	)	$	(171	)

Changes in Accumulated Other Comprehensive Loss

The changes in accumulated other comprehensive loss for the period ended January 31, 2015 were as follows:


(in millions)	Foreign currency translation adjustments			Cash flow hedges			Items related to pension and postretirement benefits			Unrealized loss on available-for- sale security			Total
Balance as of February 1, 2014	$	57		$	(2	)	$	(240	)	$	(1	)	$	(186	)
OCI before reclassification		(132	)		(1	)		(8	)		—			(141	)
Reclassified from AOCI		—			—			8			—			8
Other comprehensive income/(loss)		(132	)		(1	)		—			—			(133	)
Balance as of January 31, 2015	$	(75	)	$	(3	)	$	(240	)	$	(1	)	$	(319	)

Reclassification from Accumulated Other Comprehensive Loss

Reclassifications from accumulated other comprehensive loss for the period ended January 31, 2015 were as follows:


	(in millions)
Amortization of actuarial (gain) loss:
Pension benefits – amortization of actuarial loss	$	15
Postretirement benefits – amortization of actuarial gain		(3	)
Net periodic benefit cost (see Note 20)		12
Income tax expense		4
Net of tax	$	8

Income Taxes (Tables)

12 Months Ended

Jan. 31, 2015

Income Tax Disclosure [Abstract]

Domestic and International Pre-Tax Income from Continuing Operations

Following are the domestic and international components of pre-tax income:


	2014		2013		2012
	(in millions)
Domestic	$	654	$	558	$	508
International		155		105		99
Total pre-tax income	$	809	$	663	$	607

Income Tax Provision

The income tax provision consists of the following:


	2014		2013		2012
	(in millions)
Current:
Federal	$	195	$	164	$	152
State and local		34		26		22
International		40		25		16
Total current tax provision		269		215		190
Deferred:
Federal		16		13		13
State and local		3		5		5
International		1		1		2
Total deferred tax provision		20		19		20
Total income tax provision	$	289	$	234	$	210

Reconciliation of Significant Differences between Federal Statutory Income Tax Rate and Effective Income Tax Rate on Pre-Tax Income from Continuing Operations

A reconciliation of the significant differences between the federal statutory income tax rate and the effective income tax rate on pre-tax income is as follows:


	2014			2013			2012
Federal statutory income tax rate		35.0	%		35.0	%		35.0	%
State and local income taxes, net of federal tax benefit		3.2			3.5			3.2
International income taxed at varying rates		(1.9	)		(1.6	)		(0.4	)
Foreign tax credits		(2.5	)		(2.5	)		(1.8	)
Domestic/foreign tax settlements		(0.6	)		(1.1	)		(2.2	)
Federal tax credits		(0.2	)		(0.2	)		(0.2	)
Other, net		2.7			2.2			1.0
Effective income tax rate		35.7	%		35.3	%		34.6	%

Significant Portions of Deferred Tax Accounts

Items that give rise to significant portions of the Company’s deferred tax assets and deferred tax liabilities are as follows:


	2014			2013
	(in millions)
Deferred tax assets:
Tax loss/credit carryforwards and capital loss	$	9		$	12
Employee benefits		65			55
Property and equipment		137			147
Straight-line rent		33			30
Goodwill and other intangible assets		—			6
Other		38			33
Total deferred tax assets		282			283
Valuation allowance		(6	)		(6	)
Total deferred tax assets, net	$	276		$	277
Deferred tax liabilities:
Merchandise inventories		96			85
Goodwill and other intangible assets		17			—
Other		1			11
Total deferred tax liabilities	$	114		$	96
Net deferred tax asset	$	162		$	181
Balance Sheet caption reported in:
Deferred taxes	$	221		$	241
Other current assets		3			4
Accrued and other current liabilities		(48	)		(46	)
Other liabilities		(14	)		(18	)
	$	162		$	181

Unrecognized Tax Benefits Activity

The following table summarizes the activity related to unrecognized tax benefits:


	2014			2013			2012
	(in millions)
Unrecognized tax benefits at beginning of year	$	48		$	54		$	65
Foreign currency translation adjustments		(6	)		(4	)		1
Increases related to current year tax positions		3			3			4
Increases related to prior period tax positions		1			4			3
Decreases related to prior period tax positions		(1	)		(2	)		(3	)
Settlements		(1	)		(7	)		(15	)
Lapse of statute of limitations		(4	)		—			(1	)
Unrecognized tax benefits at end of year	$	40		$	48		$	54

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


(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

Fair Value Measurements (Tables)

12 Months Ended

Jan. 31, 2015

Fair Value Disclosures [Abstract]

Assets and Liabilities Measured at Fair Value on Recurring Basis

The following table provides a summary of the recognized assets and liabilities that are measured at fair value on a recurring basis:


	As of January 31, 2015						As of February 1, 2014
	(in millions)
	Level 1		Level 2		Level 3		Level 1		Level 2		Level 3
Assets
Available-for-sale securities	$	—	$	6	$	—	$	—	$	6	$	—
Short-term investments		—		—		—		—		9		—
Total Assets	$	—	$	6	$	—	$	—	$	15	$	—
Liabilities
Foreign exchange forward contracts		—		5		—		—		2		—
Total Liabilities	$	—	$	5	$	—	$	—	$	2	$	—

Carrying Value and Estimated Fair Value of Long-Term Debt

The carrying value and estimated fair value of long-term debt and obligations under capital leases were as follows:


	2014		2013
	(in millions)
Carrying value	$	134	$	139
Fair value	$	163	$	159

Retirement Plans and Other Benefits (Tables)

12 Months Ended

Jan. 31, 2015

Changes in Benefit Obligations and Plan Assets, Funded Status, and Amounts Recognized in Consolidated Balance Sheets


	Pension Benefits						Postretirement Benefits
	2014			2013			2014			2013
	(in millions)
Change in benefit obligation
Benefit obligation at beginning of year	$	674		$	706		$	15		$	15
Service cost		15			14			—			—
Interest cost		28			25			1			1
Plan participants’ contributions		—			—			2			2
Actuarial (gain) loss		67			(11	)		4			—
Foreign currency translation adjustments		(9	)		(9	)		—			—
Runners Point Group acquisition		—			1			—			—
Benefits paid		(53	)		(52	)		(3	)		(3	)
Benefit obligation at end of year	$	722		$	674		$	19		$	15
Change in plan assets
Fair value of plan assets at beginning of year	$	650		$	673
Actual return on plan assets		90			33
Employer contributions		9			5
Foreign currency translation adjustments		(10	)		(9	)
Benefits paid		(53	)		(52	)
Fair value of plan assets at end of year	$	686		$	650


	Pension Benefits						Postretirement Benefits
	2014			2013			2014			2013
	(in millions)
Funded status	$	(36	)	$	(24	)	$	(19	)	$	(15	)
Amounts recognized on the balance sheet:
Other assets	$	13		$	4		$	—		$	—
Accrued and other liabilities		(3	)		(3	)		(1	)		(1	)
Other liabilities		(46	)		(25	)		(18	)		(14	)
	$	(36	)	$	(24	)	$	(19	)	$	(15	)
Amounts recognized in accumulated other comprehensive loss, pre-tax:
Net loss (gain)	$	394		$	399		$	(6	)	$	(13	)
Prior service cost		1			1			—			—
	$	395		$	400		$	(6	)	$	(13	)

Information for Pension Plans with Accumulated Benefit Obligation in Excess of Plan Assets

Information for those pension plans with an accumulated benefit obligation in excess of plan assets is as follows:


	2014		2013
	(in millions)
Projected benefit obligation	$	662	$	603
Accumulated benefit obligation		662		603
Fair value of plan assets		613		575

Changes in Accumulated Other Comprehensive Loss (Pre-Tax)

The following tables set forth the changes in accumulated other comprehensive loss (pre-tax) at January 31, 2015:


	Pension Benefits			Postretirement Benefits
	(in millions)
Net actuarial loss (gain) at beginning of year	$	399		$	(13	)
Amortization of net (loss) gain		(15	)		3
Loss arising during the year		15			4
Foreign currency fluctuations		(5	)		—
Net actuarial loss (gain) at end of year⁽¹⁾	$	394		$	(6	)
Net prior service cost at end of year⁽¹⁾		1			—
Total amount recognized	$	395		$	(6	)

(1)

Net Benefit Expense (Income)

The components of net benefit expense (income) are:


	Pension Benefits									Postretirement Benefits
	2014			2013			2012			2014			2013			2012
	(in millions)
Service cost	$	15		$	14		$	13		$	—		$	—		$	—
Interest cost		28			25			28			1			1			—
Expected return on plan assets		(38	)		(39	)		(40	)		—			—			—
Amortization of prior service cost		—			—			—			—			—			—
Amortization of net loss (gain)		15			17			17			(3	)		(3	)		(4	)
Net benefit expense (income)	$	20		$	17		$	18		$	(2	)	$	(2	)	$	(4	)

Effect of One Percentage-Point Change in Assumed Health Care Cost Trend Rates

A one percentage-point change in the assumed health care cost trend rates would have the following effects on the SERP Medical Plan:


	1% Increase		1% (Decrease)
	(in millions)
Effect on total service and interest cost components	$	—	$	—
Effect on accumulated postretirement benefit obligation		4		(3	)

Estimated Future Benefit Payments

Estimated future benefit payments for each of the next five years and the five years thereafter are as follows:


	Pension Benefits		Postretirement Benefits
	(in millions)
2015	$	66	$	1
2016		55		1
2017		53		1
2018		52		1
2019		53		1
2020 – 2024		232		5

Benefit Obligations

Weighted-Average Assumptions used to Determine Benefit Obligations and Net Benefit Cost

The following weighted-average assumptions were used to determine the benefit obligations under the plans:


	Pension Benefits						Postretirement Benefits
	2014			2013			2014			2013
Discount rate		3.43	%		4.32	%		3.40	%		4.20	%
Rate of compensation increase		3.67	%		3.69	%

Assumed Health Care Cost Trend Rates Related to Measurement of SERP Medical Plan

The following initial and ultimate cost trend rate assumptions were used to determine the benefit obligations under the SERP Medical Plan:


	Medical Trend Rate									Dental Trend Rate
	2014			2013			2012			2014			2013			2012
Initial cost trend rate		7.00	%		7.00	%		7.50	%		5.00	%		5.00	%		5.00	%
Ultimate cost trend rate		5.00	%		5.00	%		5.00	%		5.00	%		5.00	%		5.00	%
Year that the ultimate cost trend rate is reached		2019			2018			2018			2013			2013			2013

Net Periodic Benefit Cost

Weighted-Average Assumptions used to Determine Benefit Obligations and Net Benefit Cost

Assumptions used in the calculation of net benefit cost include the discount rate selected and disclosed at the end of the previous year as well as other assumptions detailed in the table below:


	Pension Benefits									Postretirement Benefits
	2014			2013			2012			2014			2013			2012
Discount rate		4.33	%		3.79	%		4.16	%		4.20	%		3.70	%		4.00	%
Rate of compensation increase		3.67	%		3.69	%		3.68	%
Expected long-term rate of return on assets		6.25	%		6.24	%		6.63	%

Assumed Health Care Cost Trend Rates Related to Measurement of SERP Medical Plan

The following initial and ultimate cost trend rate assumptions were used to determine the net periodic cost under the SERP Medical Plan:


	Medical Trend Rate									Dental Trend Rate
	2014			2013			2012			2014			2013			2012
Initial cost trend rate		7.00	%		7.50	%		8.00	%		5.00	%		5.00	%		5.50	%
Ultimate cost trend rate		5.00	%		5.00	%		5.00	%		5.00	%		5.00	%		5.00	%
Year that the ultimate cost trend rate is reached		2018			2018			2018			2013			2013			2013

U.S. Qualified Pension Plan

Fair Value of Pension Plan Assets

The fair values of the Company’s U.S. pension plan assets at January 31, 2015 and February 1, 2014 were as follows:


	Level 1		Level 2		Level 3		2014 Total		2013 Total*
	(in millions)
Cash and cash equivalents	$	—	$	1	$	—	$	1	$	—
Equity securities:
U.S. large-cap⁽¹⁾		—		102		—		102		101
U.S. mid-cap⁽¹⁾		—		31		—		31		30
International⁽²⁾		—		71		—		71		67
Corporate stock⁽³⁾		21		—		—		21		15
Fixed-income securities:
Long duration corporate and government bonds⁽⁴⁾		—		254		—		254		236
Intermediate duration corporate and government bonds⁽⁵⁾		—		110		—		110		105
Other types of investments:
Real estate securities⁽⁶⁾		—		20		—		20		20
Insurance contracts		—		1		—		1		1
Other⁽⁷⁾		—		2		—		2		—
Total assets at fair value	$	21	$	592	$	—	$	613	$	575

Each category of plan assets is classified within the same level of the fair value hierarchy for 2014 and 2013.

(1)

These categories consist of various managed funds that invest primarily in common stocks, as well as other equity securities and a combination of other funds.

(2)

This category comprises three managed funds that invest primarily in international common stocks, as well as other equity securities and a combination of other funds.

(3)

This category consists of the Company’s common stock. The increase from the prior year is due to price appreciation No additional stock was contributed during the year.

(4)

(5)

(6)

This category consists of one fund that invests in global real estate securities.

(7)

This category consists primarily of cash related to net pending trade purchases and sales.

Canadian Qualified Pension Plan

Fair Value of Pension Plan Assets

The fair values of the Company’s Canadian pension plan assets at January 31, 2015 and February 1, 2014 were as follows:


	Level 1		Level 2		Level 3		2014 Total		2013 Total*
	(in millions)
Cash and cash equivalents	$	—	$	3	$	—	$	3	$	—
Equity securities:
Canadian and international⁽¹⁾		5		—		—		5		5
Fixed-income securities:
Cash matched bonds⁽²⁾		—		65		—		65		70
Total assets at fair value	$	5	$	68	$	—	$	73	$	75

Each category of plan assets is classified within the same level of the fair value hierarchy for 2014 and 2013.

(1)

This category comprises one mutual fund that invests primarily in a diverse portfolio of Canadian securities.

(2)

Share-Based Compensation (Tables)

12 Months Ended

Jan. 31, 2015

Share-based Compensation [Abstract]

Total compensation expense and the related tax benefits recognized

Total compensation expense included in SG&A and the associated tax benefits recognized related to the Company’s share-based compensation plans were as follows:


	2014		2013		2012
	(in millions)
Options and shares purchased under the employee stock purchase plan	$	13	$	12	$	10
Restricted stock and units		11		13		10
Total share-based compensation expense	$	24	$	25	$	20
Tax benefit	$	7	$	8	$	6
Tax deductions in excess of the cumulative compensation cost	$	12	$	9	$	11

Assumptions used to Compute Share-Based Compensation Expense

The following table shows the Company’s assumptions used to compute the share-based compensation expense:


	Stock Option Plans									Stock Purchase Plan
	2014			2013			2012			2014			2013			2012
Weighted-average risk free rate of interest		2.07	%		1.02	%		1.49	%		0.14	%		0.17	%		0.22	%
Expected volatility		39	%		42	%		43	%		24	%		40	%		38	%
Weighted-average expected award life (in years)		6.1			6.0			5.5			1.0			1.0			1.0
Dividend yield		1.9	%		2.3	%		2.3	%		2.0	%		2.3	%		2.5	%
Weighted-average fair value	$	15.30		$	10.98		$	10.13		$	7.35		$	5.79		$	6.11

Options Granted under Stock Option Plans

The information set forth in the following table covers options granted under the Company’s stock option plans:


	2014					2013					2012
	Number of Shares			Weighted- Average Exercise Price		Number of Shares			Weighted- Average Exercise Price		Number of Shares			Weighted- Average Exercise Price
	(in thousands, except prices per share)
Options outstanding at beginning of year		5,668		$	22.66		5,907		$	19.93		7,227		$	18.44
Granted		849		$	46.20		1,154		$	34.25		940		$	30.96
Exercised		(810	)	$	21.74		(1,328	)	$	20.26		(2,213	)	$	19.67
Expired or cancelled		(138	)	$	42.55		(65	)	$	29.55		(47	)	$	23.74
Options outstanding at end of year		5,569		$	25.89		5,668		$	22.66		5,907		$	19.93
Options exercisable at end of year		3,759		$	19.74		3,495		$	18.02		3,593		$	17.83
Options vested and expected to vest		5,546		$	25.82		5,558		$	22.45		5,804		$	19.82
Options available for future grant at end of year		13,911					3,267					5,518

Total Intrinsic Value of Options Exercised


	2014		2013		2012
	(in millions)
Exercised	$	22	$	21	$	29

Aggregate Intrinsic Value for Stock Options Outstanding and Exercisable


	2014		2013		2012
	(in millions)
Outstanding	$	152	$	90	$	86
Outstanding and exercisable	$	126	$	72	$	60
Vested and expected to vest	$	152	$	90	$	86

Information about Stock Options Outstanding and Exercisable

The following table summarizes information about stock options outstanding and exercisable at January 31, 2015:


	Options Outstanding						Options Exercisable
Range of Exercise Prices	Number Outstanding		Weighted- Average Remaining Contractual Life		Weighted- Average Exercise Price		Number Exercisable		Weighted- Average Exercise Price
	(in thousands, except prices per share and contractual life)
$9.85 to $15.10		1,466		4.63	$	12.39		1,466	$	12.39
$18.80 to $24.76		1,453		5.03	$	20.10		1,453	$	20.10
$25.19 to $34.27		1,896		7.45	$	32.70		828	$	31.82
$34.42 to $56.35		754		9.15	$	46.15		12	$	40.51
		5,569		6.31	$	25.89		3,759	$	19.74

Restricted Share and Unit Activity

Restricted share and unit activity is summarized as follows:


	2014					2013					2012
	Number of Shares			Wtg. Avg. Grant Date Fair Value per share		Number of Shares			Wtg. Avg. Grant Date Fair Value per share		Number of Shares			Wtg. Avg. Grant Date Fair Value per share
	(in thousands, except prices per share)
Nonvested at beginning of year		1,369		$	27.20		1,564		$	19.50		2,068		$	14.52
Granted		360		$	46.48		469		$	35.03		278		$	30.89
Vested		(649	)	$	20.84		(649	)	$	14.50		(782	)	$	10.37
Expired or cancelled		(42	)	$	24.69		(15	)	$	18.30		—		$	—
Nonvested at end of year		1,038		$	37.96		1,369		$	27.20		1,564		$	19.50
Aggregate value (in millions)	$	39				$	37				$	30
Wtg. Avg. remaining contractual life (in years)		1.12					0.89					0.84

Quarterly Results (Unaudited) (Tables)

12 Months Ended

Jan. 31, 2015

Quarterly Financial Information Disclosure [Abstract]

Quarterly Results (Unaudited)


	1^st Q		2^nd Q		3^rd Q		4^th Q		Year
	(in millions, except per share amounts)
Sales
2014		1,868		1,641		1,731		1,911	$	7,151
2013		1,638		1,454		1,622		1,791	$	6,505
Gross margin⁽¹⁾
2014		646		525		574		629	$	2,374
2013		561		453		537		582	$	2,133
Operating profit⁽²⁾
2014		254		144		187		220	$	805
2013		215		106		162		181	$	664
Net income
2014		162		92		120		146	$	520
2013		138		66		104		121	$	429
Basic earnings per share:
2014		1.12		0.63		0.84		1.03	$	3.61
2013		0.92		0.44		0.70		0.83	$	2.89
Diluted earnings per share:
2014		1.10		0.63		0.82		1.01	$	3.56
2013		0.90		0.44		0.70		0.81	$	2.85

(1)

Gross margin represents sales less cost of sales.

(2)

Operating profit represents income before income taxes, interest expense, net, and non-operating income.

Summary of Significant Accounting Policies - Additional Information (Detail) - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Jan. 31, 2015	Feb. 01, 2014	Feb. 02, 2013
Significant Accounting Policies [Line Items]
Gift card breakage income	$ 5	$ 4	$ 3
Catalog Costs, amortization period	90 days
Prepaid catalog cost	$ 3	$ 3
Contingently issuable shares excluded from diluted earnings per share	0.3	0.2	0.1
Cash equivalents	$ 930	$ 819
Available-for-sale securities	6
Capitalized software, net of accumulated amortization	39	38
Self-insured liabilities total	$ 13	$ 11
Stock Option Plans
Significant Accounting Policies [Line Items]
Potential common shares excluded from calculation of diluted earning per share	0.6	1.0	0.8

Advertising Costs Included as Component of Selling, General and Administrative Expenses (Detail) - USD ($) $ in Millions	12 Months Ended
	Jan. 31, 2015	Feb. 01, 2014	Feb. 02, 2013
Component Of Operating Other Cost And Expense [Line Items]
Advertising expenses	$ 125	$ 124	$ 132
Net advertising expense	104	102	107
Advertising Cost [Member]
Component Of Operating Other Cost And Expense [Line Items]
Cooperative advertising reimbursements	$ (21)	$ (22)	$ (25)

Catalog Costs Included as Component of Selling, General and Administrative Expenses (Detail) - USD ($) $ in Millions	12 Months Ended
	Jan. 31, 2015	Feb. 01, 2014	Feb. 02, 2013
Component Of Operating Other Cost And Expense [Line Items]
Catalog costs	$ 32	$ 36	$ 45
Net catalog expense	25	31	39
Catalog Cost [Member]
Component Of Operating Other Cost And Expense [Line Items]
Cooperative reimbursements	$ (7)	$ (5)	$ (6)

Computation of Basic and Diluted Earnings Per Share (Detail) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended								12 Months Ended
	Jan. 31, 2015	Nov. 01, 2014	Aug. 02, 2014	May 03, 2014	Feb. 01, 2014	Nov. 02, 2013	Aug. 03, 2013	May 04, 2013	Jan. 31, 2015	Feb. 01, 2014	Feb. 02, 2013
Earning Per Share Disclosure [Line Items]
Net Income	$ 146	$ 120	$ 92	$ 162	$ 121	$ 104	$ 66	$ 138	$ 520	$ 429	$ 397
Weighted-average common shares outstanding									143.9	148.4	151.2
Basic earnings per share (in dollars per shares)	$ 1.03	$ 0.84	$ 0.63	$ 1.12	$ 0.83	$ 0.70	$ 0.44	$ 0.92	$ 3.61	$ 2.89	$ 2.62
Weighted-average common shares outstanding									143.9	148.4	151.2
Dilutive effect of potential common shares (in dollars per shares)									2.1	2.1	2.8
Weighted-average common shares outstanding assuming dilution									146.0	150.5	154.0
Diluted earnings per share (in dollars per share)	$ 1.01	$ 0.82	$ 0.63	$ 1.10	$ 0.81	$ 0.70	$ 0.44	$ 0.90	$ 3.56	$ 2.85	$ 2.58

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

Estimated Useful Lives (Detail)	12 Months Ended
Estimated Useful Lives (Detail)	Jan. 31, 2015
Buildings \| Maximum
Property, Plant and Equipment [Line Items]
Estimated useful lives of the assets	50 years
Leasehold improvements \| Maximum
Property, Plant and Equipment [Line Items]
Estimated useful lives of the assets	10 years
Furniture, Fixtures and Equipment \| Maximum
Property, Plant and Equipment [Line Items]
Estimated useful lives of the assets	10 years
Furniture, Fixtures and Equipment \| Minimum
Property, Plant and Equipment [Line Items]
Estimated useful lives of the assets	3 years
Computer Software, Intangible Asset [Member] \| Maximum
Property, Plant and Equipment [Line Items]
Estimated useful lives of the assets	7 years
Computer Software, Intangible Asset [Member] \| Minimum
Property, Plant and Equipment [Line Items]
Estimated useful lives of the assets	2 years

Segment Information - Additional Information (Detail) - USD ($) $ in Millions	Jan. 31, 2015	Feb. 01, 2014	Feb. 02, 2013
Operating Segments [Member]
Segment Reporting Information [Line Items]
Corporate Expense Due to Allocation Changes	$ 4	$ 27
CCS Trademarks [Member]
Segment Reporting Information [Line Items]
Impairment and Other Charges	2		$ 7
Trademarks [Member]
Segment Reporting Information [Line Items]
Impairment and Other Charges	$ 2	$ 2	$ 5

Sales and Division Operating Results for Reportable Segments (Detail) - USD ($)
$ in Millions

3 Months Ended

12 Months Ended

Jan. 31, 2015

Nov. 01, 2014

Aug. 02, 2014

May 03, 2014

Feb. 01, 2014

Nov. 02, 2013

Aug. 03, 2013

May 04, 2013

Jan. 31, 2015

Feb. 01, 2014

Feb. 02, 2013

Income before income taxes

$ 1,911

$ 1,731

$ 1,641

$ 1,868

$ 1,791

$ 1,622

$ 1,454

$ 1,638

$ 7,151

$ 6,505

$ 6,182

Division profit

886

740

718

Less: Corporate expense

^[1]

108

Operating profit

$ 220

^[2]

$ 187

^[2]

$ 144

^[2]

$ 254

^[2]

$ 181

^[2]

$ 162

^[2]

$ 106

^[2]

$ 215

^[2]

805

^[2]

664

^[2]

610

Other income

Interest expense, net

809

663

607

Athletic Stores

Operating results before restructuring income

6,286

5,790

5,568

^[3]

777

656

653

Direct-to-Customers

Operating results before restructuring income

865

715

614

^[4]

$ 109

$ 84

$ 65

[1]	Corporate expense for 2014 and 2013 reflected the reallocation of expense between corporate and the operating divisions. Based upon an internal study of corporate expense, the allocation of such expenses to the operating divisions was increased by $4 million and $27 million, respectively, thereby reducing corporate expense.
[2]	Operating profit represents income before income taxes, interest expense, net, and non-operating income.
[3]	Included in the results for 2014, 2013, and 2012 are impairment and other charges of $2 million, $2 million, and $5 million, respectively. The 2014 amount reflected impairment charges to fully write-down the value of certain trademarks. The 2013 and 2012 amounts were incurred in connection with the closure of CCS stores. See Note 3, Impairment and Other Charges for additional information.
[4]	Included in the results for 2014 and 2012 are non-cash impairment charges of $2 million and $7 million, respectively, related to the CCS trademarks. See Note 3, Impairment and Other Charges for additional information.

Segment Information (Detail) - USD ($)
$ in Millions

12 Months Ended

Jan. 31, 2015

Feb. 01, 2014

Feb. 02, 2013

$ 139

$ 133

$ 118

^[1]

190

206

163

3,577

3,487

3,367

Athletic Stores

119

112

^[1]

151

163

128

2,499

2,398

2,310

Direct-to-Customers

^[1]

315

320

290

Operating Segments

126

121

105

^[1]

160

168

133

2,814

2,718

2,600

Corporate

^[1]

$ 763

$ 769

$ 767

[1]	Reflects cash capital expenditures for all years presented.

Sales and Long-Lived Asset Information by Geographic Area (Detail) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Jan. 31, 2015	Nov. 01, 2014	Aug. 02, 2014	May 03, 2014	Feb. 01, 2014	Nov. 02, 2013	Aug. 03, 2013	May 04, 2013	Jan. 31, 2015	Feb. 01, 2014	Feb. 02, 2013
Segment Reporting Information [Line Items]
Sales	$ 1,911	$ 1,731	$ 1,641	$ 1,868	$ 1,791	$ 1,622	$ 1,454	$ 1,638	$ 7,151	$ 6,505	$ 6,182
Long-lived assets	620				590				620	590	490
United States
Segment Reporting Information [Line Items]
Sales									4,976	4,567	4,495
Long-lived assets	446				394				446	394	321
International
Segment Reporting Information [Line Items]
Sales									2,175	1,938	1,687
Long-lived assets	$ 174				$ 196				$ 174	$ 196	$ 169

Impairment and Other Charges - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Jan. 31, 2015	Jan. 31, 2015	Feb. 01, 2014	Feb. 02, 2013
Impairment Of Assets [Line Items]
Impairment of assets		$ 0	$ 0	$ 5
CCS store closure costs		0	2	0
Total CCS Impairment and Other Charges		2	2	12
CCS Impairment of Intangible Assets		2	0	7
Other Asset Impairment Charges		$ 2	$ 0	$ 0
Trade names
Impairment Of Assets [Line Items]
Other Asset Impairment Charges	$ 1

Impairment and Other Charges (Detail) - USD ($) $ in Millions	12 Months Ended
	Jan. 31, 2015	Feb. 01, 2014	Feb. 02, 2013
Charges recorded in connection with CCS-
Impairment of intangible assets	$ 2	$ 0	$ 7
Impairment of long-lived assets	0	0	5
CCS store closure costs	0	2	0
Total CCS charges	2	2	12
Other intangible asset impairments	2	0	0
Total impairment and other charges	$ 4	$ 2	$ 12

Other Income - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Jan. 31, 2015	Feb. 01, 2014	Feb. 02, 2013
Other Income Non operating [Line Items]
Other income	$ 9	$ 4	$ 2
Lease termination gains related to sales of leasehold interests	0	2	0
Gain (Loss) on Disposition of Property Plant Equipment	4	0	$ 0
Royalty income	2	2
Foreign Currency Transaction Gain (Loss), Realized	2
leasehold Interest [Member]
Other Income Non operating [Line Items]
Lease termination gains related to sales of leasehold interests	$ 1	$ 2

Merchandise Inventories (Detail) - USD ($) $ in Millions	Jan. 31, 2015	Feb. 01, 2014
Inventory Disclosure [Line Items]
LIFO inventories	$ 821	$ 746
FIFO inventories	429	474
Total merchandise inventories	$ 1,250	$ 1,220

Other Current Assets (Detail) - USD ($) $ in Millions	Jan. 31, 2015	Feb. 01, 2014
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Line Items]
Net receivables	$ 78	$ 99
Prepaid rent	77	75
Prepaid income taxes	34	35
Prepaid expenses and other current assets	32	34
Deferred taxes and costs	17	20
Income tax receivable	1	0
Other current assets	$ 239	$ 263

Property and Equipment, Net (Detail) - USD ($) $ in Millions	Jan. 31, 2015	Feb. 01, 2014	Feb. 02, 2013
Property, Plant and Equipment [Line Items]
Property and equipment, net	$ 620	$ 590	$ 490
Land
Property, Plant and Equipment [Line Items]
Property and Equipment, Gross	4	6
Buildings
Property, Plant and Equipment [Line Items]
Property and Equipment, Gross	44	44
Furniture, Fixtures, Equipment and Software Development Costs
Property, Plant and Equipment [Line Items]
Property and Equipment, Gross	900	888
Assets under capital leases	9	10
Property Plant and Equipment
Property, Plant and Equipment [Line Items]
Property and Equipment, Gross	957	948
Less: accumulated depreciation	(606)	(621)
Property and equipment, net	351	327
Alterations to Leased and Owned Buildings
Property, Plant and Equipment [Line Items]
Property and Equipment, Gross	779	804
Less: accumulated depreciation	(510)	(541)
Property and equipment, net	$ 269	$ 263

Goodwill - Additional Information (Detail) $ in Millions	Jan. 31, 2015 USD ($)
Goodwill [Line Items]
Goodwill accumulated impairment charges	$ 167

Goodwill (Detail) - USD ($) $ in Millions	12 Months Ended
Goodwill (Detail) - USD ($) $ in Millions	Jan. 31, 2015	Feb. 01, 2014
Goodwill [Line Items]
Goodwill Beginning Balance	$ 163	$ 145
Goodwill from Runners Point Group acquisition		18
Foreign currency translation adjustment	(6)
Goodwill Ending Balance	157	163
Athletic Stores
Goodwill [Line Items]
Goodwill Beginning Balance	21	18
Goodwill from Runners Point Group acquisition		3
Foreign currency translation adjustment	(4)
Goodwill Ending Balance	17	21
Direct-to-Customers
Goodwill [Line Items]
Goodwill Beginning Balance	142	127
Goodwill from Runners Point Group acquisition		15
Foreign currency translation adjustment	(2)
Goodwill Ending Balance	$ 140	$ 142

Other Intangible Assets, Net - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Jan. 31, 2015	Feb. 01, 2014	Feb. 02, 2013
Changes in Amortizing intangible assets [Line Items]
Lease Acquistion Costs	$ 1
Amortization expense	6	$ 11	$ 14
Changes in balance of amortizing intangible assets	9
Finite-Lived Intangible Assets, Translation Adjustments	(4)
CCS Trademarks [Member]
Changes in Amortizing intangible assets [Line Items]
Impairment of Intangible Assets Indefinite lived	$ 3		$ 7

Other Intangible Assets, Net (Detail) - USD ($)
$ in Millions

12 Months Ended

Jan. 31, 2015

Feb. 01, 2014

^[1]

$ 156

$ 184

^[1]

(132)

(151)

Amortized intangible assets, Wtd. Avg. Life in Years

^[1]

$ 24

^[1],[2]

14 years 2 months 12 days

Indefinite life intangible assets, Net Value

^[1]

$ 25

Other intangible assets, net

Lease acquisition costs

^[1]

128

155

^[1]

(116)

(137)

Amortized intangible assets, Wtd. Avg. Life in Years

^[1]

$ 12

^[1],[2]

12 years

Trademark

^[1]

$ 21

^[1]

(12)

(11)

Amortized intangible assets, Wtd. Avg. Life in Years

^[1]

$ 9

^[1],[2]

19 years 8 months 12 days

Favorable leases

^[1]

$ 7

^[1]

(4)

(3)

Amortized intangible assets, Wtd. Avg. Life in Years

^[1]

$ 3

^[1],[2]

7 years 4 months 24 days

Runners Point Group

Indefinite life intangible assets, Net Value

^[1],[3]

$ 25

Other trademarks

Indefinite life intangible assets, Net Value

^[1],[4]

$ 0

$ 4

[1]	Includes the effect of foreign currency translation related primarily to the movements of the euro in relation to the U.S. dollar.
[2]	The weighted-average useful life disclosed excludes those assets that are fully amortized.
[3]	Includes the effect of foreign currency translation and a non-cash impairment charge of $1 million recorded in the fourth quarter of 2014. This impairment charge is described more fully in Note 3, Impairment Charges.
[4]	During 2014, the values of other trademarks were fully impaired. Impairment charges of $3 million and $7 million were recorded in 2014 and 2012, respectively, and are described more fully in Note 3, Impairment Charges.

Estimated Future Amortization Expense for Finite Lived Intangibles (Detail) $ in Millions	Jan. 31, 2015 USD ($)
Expected Amortization Expense [Line Items]
2015	$ 4
2016	4
2017	3
2018	3
2019	$ 3

Other Assets (Detail) - USD ($)
$ in Millions

Jan. 31, 2015

Feb. 01, 2014

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Line Items]

Restricted cash

^[1]

$ 22

$ 25

Pension asset

Auction rate security

Deferred tax costs

Funds deposited in insurance trust

^[2]

Other

Schedule of Other Liabilities [Line Items]

$ 74

$ 76

[1]	Restricted cash is comprised of amounts held in escrow in connection with various leasing arrangements in Europe.
[2]	The Company is required by its insurers to collateralize part of the self-insured workers’ compensation and liability claims. The Company has chosen to satisfy these collateral requirements by depositing funds in insurance trusts.

Accrued and Other Liabilities (Detail) - USD ($)
$ in Millions

Jan. 31, 2015

Feb. 01, 2014

Taxes other than income taxes

$ 56

Other payroll and payroll related costs, excluding taxes

Incentive bonuses

Property and equipment

^[1]

Current deferred tax liabilities

Customer deposits

^[2]

Income taxes payable

Other

Maturities Of Long Term Debt And Capital Lease Obligations [Line Items]

$ 393

$ 360

[1]	Accruals for property and equipment are properly excluded from the statements of cash flows for all years presented.
[2]	Customer deposits include unredeemed gift cards and certificates, merchandise credits, and deferred revenue related to undelivered merchandise, including layaway sales.

Revolving Credit Facility - Additional Information (Detail) - Revolving Credit Facility - USD ($) $ in Millions	12 Months Ended
	Jan. 31, 2015	Feb. 01, 2014	Feb. 02, 2013	Jan. 28, 2012
Line of Credit Facility [Line Items]
Revolving credit facility				$ 200
Revolving credit facility maturity date				Jan. 27, 2017
Credit facility, covenant description	The Company is not required to comply with any financial covenants as long as there are no outstanding borrowings. With regard to the payment of dividends and share repurchases, there are no restrictions if the Company is not borrowing and the payments are funded through cash on hand. If the Company is borrowing, Availability as of the end of each fiscal month during the subsequent projected six fiscal months following the payment must be at least 20 percent of the lesser of the Aggregate Commitments and the Borrowing Base (all terms as defined in the 2011 Restated Credit Agreement). The Company’s management does not currently expect to borrow under the facility in 2015, other than amounts used to support standby letters of credit in connection with insurance programs. The letters of credit outstanding as of January 31, 2015 were not significant.
Credit facility, availability percentage as the lesser of Aggregate Commitments and Borrowing Base	20.00%
Deferred financing fees, unamortized balance	$ 1
Quarterly facility fees on unused portion of credit facility	0.25%	0.25%
Interest expense, net	$ 1	$ 1	$ 1
Maximum
Line of Credit Facility [Line Items]
Incremental facility available for credit facility				$ 200
Revolving credit facility, interest rate margin above LIBOR				1.50%
Minimum
Line of Credit Facility [Line Items]
Revolving credit facility, interest rate margin above LIBOR				1.25%

Long-Term Debt and Obligations Under Capital Leases - Additional Information (Detail) $ in Millions	12 Months Ended
	Jan. 31, 2015 USD ($)
Debt Instrument [Line Items]
Interest expense related to long-term debt	$ 9

Long-Term Debt and Obligations Under Capital Leases - (Detail) - USD ($)
$ in Millions

Jan. 31, 2015

Feb. 01, 2014

8.5% debentures payable 2022

$ 118

Unamortized gain related to interest rate swaps

^[1]

Obligations under capital leases

Debt and Capital Lease Obligations, Total

134

139

Less: current portion of obligations under capital leases

Capital Lease Obligations, Noncurrent

$ 132

$ 136

[1]	In 2009, the Company terminated an interest rate swap at a gain. This gain is being amortized as part of interest expense over the remaining term of the debt using the effective-yield method.

Maturities of Long-term Debt (Detail) $ in Millions	Jan. 31, 2015 USD ($)
Maturities Of Long Term Debt And Capital Leases Obligations [Line Items]
2015	$ 2
2016	1
2017	1
2018 - 2019	0
Thereafter	118
Long-term Debt and Capital Lease Obligations, Total	122
Less: Imputed interest	0
Current portion	2
Long Term Debt And Capital Lease Obligations Excluding Current Portion	120
Capital Lease Obligations [Member]
Maturities Of Long Term Debt And Capital Leases Obligations [Line Items]
2015	2
2016	1
2017	1
2018 - 2019	0
Thereafter	0
Long-term Debt and Capital Lease Obligations, Total	4
Less: Imputed interest	0
Current portion	2
Long Term Debt And Capital Lease Obligations Excluding Current Portion	2
Long-term Debt [Member]
Maturities Of Long Term Debt And Capital Leases Obligations [Line Items]
2015	0
2016	0
2017	0
2018 - 2019	0
Thereafter	118
Long-term Debt and Capital Lease Obligations, Total	118
Less: Imputed interest	0
Current portion	0
Long Term Debt And Capital Lease Obligations Excluding Current Portion	$ 118

Other Liabilities (Detail) - USD ($) $ in Millions	Jan. 31, 2015	Feb. 01, 2014
Schedule of Other Liabilities [Line Items]
Straight-line rent liability	$ 124	$ 116
Pension benefits	46	25
Income taxes	24	27
Postretirement benefits	18	14
Deferred taxes	14	18
Workers' compensation and general liability reserves	9	9
Other	18	20
Other liabilities	$ 253	$ 229

Leases - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Jan. 31, 2015	Feb. 01, 2014	Feb. 02, 2013
Schedule of Operating Leases [Line Items]
Certain executory costs related to leases	$ 132	$ 128	$ 128
Operating Leases, Rent Expense	635	600	560
Non-store expenses [Member]
Schedule of Operating Leases [Line Items]
Operating Leases, Rent Expense	$ 17	$ 16	$ 16
Minimum
Schedule of Operating Leases [Line Items]
Operating lease period	5 years
Maximum
Schedule of Operating Leases [Line Items]
Operating lease period	10 years

Leases (Detail) - USD ($) $ in Millions	12 Months Ended
Leases (Detail) - USD ($) $ in Millions	Jan. 31, 2015	Feb. 01, 2014	Feb. 02, 2013
Leases Disclosure [Line Items]
Minimum rent	$ 615	$ 580	$ 537
Contingent rent based on sales	25	22	24
Sublease income	(5)	(2)	(1)
Operating Leases, Rent Expense	$ 635	$ 600	$ 560

The increases or decreases in lease payments that result from changes occurring after the inception of the lease in the factors (other than the passage of time) on which lease payments are based, except that any escalation of minimum lease payments relating to increases in construction or acquisition cost of the leased property or for increases in some measure of cost or value during the construction or preconstruction period, are excluded from contingent rentals. Contingent rentals also may include amounts for which the triggering events have not yet occurred or the specified targets for which have not yet been achieved (such as sales based percentage rent), but which events are considered probable of occurring or which specified targets are considered probable of being achieved.

Future Minimum Lease Payments Under Non-Cancelable Operating Leases Net of Future Non-Cancelable Operating Sublease Payments (Detail) $ in Millions	Jan. 31, 2015 USD ($)
Schedule of Operating Leases [Line Items]
2015	$ 567
2016	516
2017	453
2018	387
2019	339
Thereafter	1,164
Total operating lease commitments	$ 3,426

Accumulated Other Comprehensive Loss, Net of Tax (Detail) - USD ($) $ in Millions	Jan. 31, 2015	Feb. 01, 2014	Feb. 02, 2013
Accumulated Other Comprehensive Income (Loss) [Line Items]
Foreign currency translation adjustments	$ (75)	$ 57	$ 82
Cash flow hedges	(3)	(2)	3
Unrecognized pension cost and postretirement benefit	(240)	(240)	(255)
Unrealized loss on available-for-sale security	(1)	(1)	(1)
Accumulated Other Comprehensive Income (Loss), Net of Tax, Total	$ (319)	$ (186)	$ (171)

Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.

Changes in Accumulated Other Comprehensive Loss (Detail) $ in Millions	12 Months Ended
	Jan. 31, 2015 USD ($)
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	$ (186)
OCI before reclassification	(141)
Reclassified from AOCI	8
Other comprehensive income/(loss)	(133)
Ending Balance	(319)
Foreign currency translation adjustments
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	57
OCI before reclassification	(132)
Reclassified from AOCI	0
Other comprehensive income/(loss)	(132)
Ending Balance	(75)
Cash flow hedges
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(2)
OCI before reclassification	(1)
Reclassified from AOCI	0
Other comprehensive income/(loss)	(1)
Ending Balance	(3)
Items related to pension and postretirement benefits
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(240)
OCI before reclassification	(8)
Reclassified from AOCI	8
Other comprehensive income/(loss)	0
Ending Balance	(240)
Unrealized loss on available-for- sale security
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(1)
OCI before reclassification	0
Reclassified from AOCI	0
Other comprehensive income/(loss)	0
Ending Balance	$ (1)

Amounts recognized on the balance sheet:

Reclassifications from Accumulated Other Comprehensive Loss (Detail) $ in Millions	12 Months Ended
	Jan. 31, 2015 USD ($)
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Net periodic benefit cost	$ 12
Income tax expense	4
Net of tax	8
Pension Benefits
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Net periodic benefit cost	15
Postretirement Benefits
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Net periodic benefit cost	$ (3)

Income Taxes - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Jan. 31, 2015	Feb. 01, 2014	Feb. 02, 2013	Jan. 28, 2012
Income Taxes [Line Items]
Reinvestment of undistributed earnings of international subsidiaries	$ 999	$ 890
Valuation allowance	6	6
State operating loss carryforwards, potential tax benefit	2
Capital loss with potential benefit from a note receivable	$ 3
Capital loss carryforward period	5 years
Operating loss carryforwards Foreign	$ 3
Gross unrecognized tax benefits	40	48	$ 54	$ 65
Net unrecognized tax benefits that would impact effective tax rate	39	46
Unrecognized tax benefits interest expense, net		1	1
Unrecognized tax benefits accrued interest and penalties	2	$ 2	$ 3
Settlements could increase earnings in an amount ranging, minimum	0
Settlements could increase earnings in an amount ranging, maximum	5
Capital Loss Carryforward [Member]
Income Taxes [Line Items]
Valuation allowance	1
2008 Impairement Northern Group Note [Member]
Income Taxes [Line Items]
Valuation allowance	$ 3
Minimum
Income Taxes [Line Items]
Tax credit carryforwards, expiration date	2015
Maximum
Income Taxes [Line Items]
Tax credit carryforwards, expiration date	2034
International \| Minimum
Income Taxes [Line Items]
Tax credit carryforwards, expiration date	2015
International \| Maximum
Income Taxes [Line Items]
Tax credit carryforwards, expiration date	2034
United States
Income Taxes [Line Items]
Operating loss carryforwards state, expiration date	2024
Tax credit carryforwards	$ 1
Foreign Country
Income Taxes [Line Items]
Valuation allowance	$ 2

Domestic and International Components of Pre-Tax Income from Continuing Operations (Detail) - USD ($) $ in Millions	12 Months Ended
	Jan. 31, 2015	Feb. 01, 2014	Feb. 02, 2013
Schedule of Components of Income Before Income Tax Expense (Benefit) [Line Items]
Domestic	$ 654	$ 558	$ 508
International	155	105	99
Total pre-tax income	$ 809	$ 663	$ 607

Income Tax Provision (Detail) - USD ($) $ in Millions	12 Months Ended
Income Tax Provision (Detail) - USD ($) $ in Millions	Jan. 31, 2015	Feb. 01, 2014	Feb. 02, 2013
Current:
Federal	$ 195	$ 164	$ 152
State and local	34	26	22
International	40	25	16
Total current tax provision	269	215	190
Deferred:
Federal	16	13	13
State and local	3	5	5
International	1	1	2
Total deferred tax provision	20	19	20
Total income tax provision	$ 289	$ 234	$ 210

Reconciliation of Significant Differences Between Federal Statutory Income Tax Rate and Effective Income Tax Rate on Pre-Tax Income (Detail)	12 Months Ended
	Jan. 31, 2015	Feb. 01, 2014	Feb. 02, 2013
Reconciliation of Statutory Federal Tax Rate [Line Items]
Federal statutory income tax rate	35.00%	35.00%	35.00%
State and local income taxes, net of federal tax benefit	3.20%	3.50%	3.20%
International income taxed at varying rates	(1.90%)	(1.60%)	(0.40%)
Foreign tax credits	(2.50%)	(2.50%)	(1.80%)
Domestic/foreign tax settlements	(0.60%)	(1.10%)	(2.20%)
Federal tax credits	(0.20%)	(0.20%)	(0.20%)
Other, net	2.70%	2.20%	1.00%
Effective income tax rate	35.70%	35.30%	34.60%

Significant Portions of Deferred Tax Assets and Liabilities (Detail) - USD ($) $ in Millions	Jan. 31, 2015	Feb. 01, 2014
Deferred tax assets:
Tax loss/credit carryforwards and capital loss	$ 9	$ 12
Employee benefits	65	55
Property and equipment	137	147
Straight-line rent	33	30
Goodwill and other intangible assets	0	6
Other	38	33
Total deferred tax assets	282	283
Valuation allowance	(6)	(6)
Total deferred tax assets, net	276	277
Deferred tax liabilities:
Merchandise inventories	96	85
Goodwill and other intangible assets	17	0
Other	1	11
Total deferred tax liabilities	114	96
Net deferred tax asset	162	181
Balance Sheet caption reported in:
Deferred taxes	221	241
Other current assets	3	4
Accrued and other current liabilities	(48)	(46)
Other liabilities	(14)	(18)
Net deferred tax asset	$ 162	$ 181

Unrecognized Tax Benefits Activity (Detail) - USD ($) $ in Millions	12 Months Ended
	Jan. 31, 2015	Feb. 01, 2014	Feb. 02, 2013
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]
Unrecognized tax benefits at beginning of year	$ 48	$ 54	$ 65
Foreign currency translation adjustments	(6)	(4)	1
Increases related to current year tax positions	3	3	4
Increases related to prior period tax positions	1	4	3
Decreases related to prior period tax positions	(1)	(2)	(3)
Settlements	(1)	(7)	(15)
Lapse of statute of limitations	(4)	0	(1)
Unrecognized tax benefits at end of year	$ 40	$ 48	$ 54

Financial Instruments and Risk Management - Additional Information (Detail) $ in Millions	12 Months Ended
	Jan. 31, 2015 USD ($)	Feb. 01, 2014 USD ($)
Derivative [Line Items]
Number of countries of operation	23
Amount Of Hedge Loss Included in AOCL	$ 3
Derivatives Designated as Hedging Instruments \| Forward foreign exchange contracts
Derivative [Line Items]
Notional value of contracts outstanding	$ 63
Derivative contracts maturity date	2016-01
Increase Decrease In Fair Value Of Hedge Positions	$ (1)
Derivatives Designated as Non-Hedging Instruments \| Forward foreign exchange contracts
Derivative [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net		$ 1
Derivatives Designated as Non-Hedging Instruments \| Foreign currency option contracts
Derivative [Line Items]
Notional value of contracts outstanding	$ 34
Derivative contracts maturity date	2015-10
Fair Value, Option, Changes in Fair Value, Gain (Loss)	$ 1
Top Five Suppliers
Derivative [Line Items]
Percentage of merchandise purchased	89.00%
Nike
Derivative [Line Items]
Percentage of merchandise purchased	73.00%
Other Suppliers
Derivative [Line Items]
Percentage of merchandise purchased	11.00%
European
Derivative [Line Items]
Number of countries of operation	19
Asset Net	$ 883
European \| Currency, Euro
Derivative [Line Items]
Number of countries of operation	11
Direct To Consumer [Member] \| Nike \| Minimum
Derivative [Line Items]
Percentage of merchandise purchased	47.00%
Direct To Consumer [Member] \| Nike \| Maximum
Derivative [Line Items]
Percentage of merchandise purchased	84.00%

Fair Value Derivative Contracts on Gross Basis by Type of Contract (Detail) - Diesel fuel forward contracts - USD ($) $ in Millions	Jan. 31, 2015	Feb. 01, 2014
Derivatives Designated as Hedging Instruments
Derivative [Line Items]
Fair value of derivative liability	$ 4	$ 2
Derivatives Designated as Non-Hedging Instruments
Derivative [Line Items]
Fair value of derivative liability	$ 1	$ 0

Notional Amounts for All Outstanding Derivatives and Weighted-Average Exchange Rates of Foreign Exchange Forward Contracts (Detail) - Derivatives Designated as Non-Hedging Instruments - Forward foreign exchange contracts $ in Millions	Jan. 31, 2015 USD ($)
Inventories \| Currency, British Pound Sterling
Derivative [Line Items]
Notional value of contracts outstanding	$ 63
Weighted-Average Exchange Rate	0.7996
Intercompany \| Currency, British Pound Sterling
Derivative [Line Items]
Notional value of contracts outstanding	$ 32
Weighted-Average Exchange Rate	0.7640
Intercompany \| Currency, Canadian Dollar
Derivative [Line Items]
Notional value of contracts outstanding	$ 2
Weighted-Average Exchange Rate	1.1912

Carrying Value and Estimated Fair Value of Long-Term Debt (Detail) - USD ($) $ in Millions	Jan. 31, 2015	Feb. 01, 2014
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Long-term debt, Carrying value	$ 134	$ 139
Long-term debt, Fair value	$ 163	$ 159

Retirement Plans and Other Benefits - Additional Information (Detail)	1 Months Ended	12 Months Ended
	Jan. 31, 2015 USD ($)	Jan. 31, 2015 USD ($) H Age	Feb. 01, 2014 USD ($)	Feb. 02, 2013 USD ($)
Defined Benefit Plan Disclosure [Line Items]
Future Increases In Medical Plan Costs To Be Incurred By Retirees		100.00%
Minimum eligible service hours to qualified savings plans \| H		1,000
Percentage of employer's contribution for the first 4% of employee's contribution		25.00%
Employer's matching vesting period		5 years
Employer's matching contribution		$ 3,000,000	$ 3,000,000	$ 3,000,000
Defined Contribution Maximum Percentage of Compensation Matched By Company		4.00%
U.S. Qualified Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Market-related value of plan assets	$ 557,000,000	$ 557,000,000	579,000,000
Accumulated projected benefit obligation	662,000,000	$ 662,000,000	603,000,000
U.S. Qualified Pension Plan \| Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Target composition of plan assets		38.00%
U.S. Qualified Pension Plan \| Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Target composition of plan assets		58.00%
U.S. Qualified Pension Plan \| Real Estate Investment Trust
Defined Benefit Plan Disclosure [Line Items]
Target composition of plan assets		4.00%
SERP Medical Plan
Defined Benefit Plan Disclosure [Line Items]
Accumulated projected benefit obligation	$ 15,000,000	$ 15,000,000
Canadian Qualified Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Employer's contribution		$ 6,000,000
Canadian Qualified Pension Plan \| Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Target composition of plan assets		5.00%
Canadian Qualified Pension Plan \| Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Target composition of plan assets		95.00%
Savings Plan \| PUERTO RICO
Defined Benefit Plan Disclosure [Line Items]
Defined Contribution Plan, Maximum Annual Contributions Per Employee, Amount		$ 15,000
Non Qualified Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Pension benefits paid related to its non-qualified pension plans		3,000,000
Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
Pension benefits paid related to its non-qualified pension plans		53,000,000	52,000,000
Accumulated other comprehensive loss that are expected to be recognized as components of net periodic benefit cost (income) during the next year		14,000,000
Postretirement Benefits
Defined Benefit Plan Disclosure [Line Items]
Pension benefits paid related to its non-qualified pension plans		3,000,000	$ 3,000,000
Accumulated other comprehensive loss that are expected to be recognized as components of net periodic benefit cost (income) during the next year		$ (2,000,000)
Minimum
Defined Benefit Plan Disclosure [Line Items]
Eligible age to qualified savings plans \| Age		21
Eligible service year to qualified savings plans		1 year
Gains and losses in fair value related to equities of plan assets, recognition period		3 years
Maximum
Defined Benefit Plan Disclosure [Line Items]
Gains and losses in fair value related to equities of plan assets, recognition period		5 years
Maximum \| Savings Plan \| United States
Defined Benefit Plan Disclosure [Line Items]
Employee contribution to qualified savings plans, percentage	40.00%
Defined Contribution Plan, Maximum Annual Contributions Per Employee, Amount	$ 18,000

Changes in Benefit Obligations and Plan Assets, Funded Status, and Amounts Recognized in Consolidated Balance Sheets (Detail) - USD ($)
$ in Millions

12 Months Ended

Jan. 31, 2015

Feb. 01, 2014

Feb. 02, 2013

Benefit obligation at beginning of year

$ 13

$ 4

Pension Benefits

Change in benefit obligation

674

706

Service cost

$ 13

Interest cost

Plan participants’ contributions

Actuarial (gain) loss

(11)

Foreign currency translation adjustments

(9)

Runners Point Group acquisition

Benefit obligation at end of year

(53)

(52)

722

674

706

Change in plan assets

Fair value of plan assets at beginning of year

650

673

Actual return on plan assets

Employer contributions

Foreign currency translation adjustments

(10)

(9)

Fair value of plan assets at end of year

(53)

(52)

686

650

673

Funded status

(36)

(24)

Amounts recognized on the balance sheet:

Amounts recognized on the Balance Sheet

(3)

Other liabilities

(46)

(25)

(36)

(24)

Amounts recognized in accumulated other comprehensive loss, pre-tax:

Net loss (gain)

394

^[1]

399

Prior service cost

^[1]

Benefit obligation at beginning of year

395

400

Postretirement Benefits

Change in benefit obligation

Service cost

Interest cost

Plan participants’ contributions

Actuarial (gain) loss

Foreign currency translation adjustments

Runners Point Group acquisition

Benefit obligation at end of year

(3)

$ 15

Change in plan assets

Amounts recognized on the balance sheet:

(3)

Funded status

(19)

(15)

Amounts recognized on the Balance Sheet

(1)

Other liabilities

(18)

(14)

(19)

(15)

Amounts recognized in accumulated other comprehensive loss, pre-tax:

Net loss (gain)

(6)

^[1]

(13)

Prior service cost

^[1]

Schedule of Pension Plans with Accumulated Benefit Obligations in Excess of Plan Assets [Line Items]

$ (6)

$ (13)

[1]

Information for Pension Plans with Accumulated Benefit Obligation in Excess of Plan Assets (Detail) - U.S. Qualified Pension Plan - USD ($)
$ in Millions

Jan. 31, 2015

Feb. 01, 2014

Projected benefit obligation

$ 662

$ 603

Accumulated benefit obligation

662

603

Fair value of plan assets

$ 613

$ 575

^[1]

[1]	Each category of plan assets is classified within the same level of the fair value hierarchy for 2014 and 2013.

Changes in Accumulated Other Comprehensive Loss (Pre-Tax) (Detail) - USD ($)
$ in Millions

12 Months Ended

Jan. 31, 2015

Feb. 01, 2014

Pension Benefits

Schedule of Pension and Other Postretirement Benefits Recognized in Accumulated Other Comprehensive Income (Loss) [Line Items]

Net actuarial loss (gain) at beginning of year

$ 399

Amortization of net (loss) gain

(15)

Loss arising during the year

Foreign currency fluctuations

(5)

Net actuarial loss (gain) at end of year

^[1]

394

Net prior service cost at end of year

^[1]

Schedule of Pension and Other Postretirement Benefits Recognized in Accumulated Other Comprehensive Income (Loss) [Line Items]

395

$ 400

Postretirement Benefits

Net actuarial loss (gain) at beginning of year

(13)

Amortization of net (loss) gain

Loss arising during the year

Foreign currency fluctuations

Net actuarial loss (gain) at end of year

^[1]

(6)

Net prior service cost at end of year

^[1]

Schedule of Pension and Other Postretirement Plan Assets by Fair Value [Line Items]

$ (6)

$ (13)

[1]

Weighted-Average Assumptions used to Determine Benefit Obligations and Net Benefit Cost (Detail)	Jan. 31, 2015	Feb. 01, 2014
Pension Benefits
Schedule of Benefit Obligations Weighted Average Assumptions [Line Items]
Discount rate	3.43%	4.32%
Rate of compensation increase	3.67%	3.69%
Postretirement Benefits
Schedule of Benefit Obligations Weighted Average Assumptions [Line Items]
Discount rate	3.40%	4.20%

Assumptions used to Calculate Net Benefit cost (Detail)	12 Months Ended
Assumptions used to Calculate Net Benefit cost (Detail)	Jan. 31, 2015	Feb. 01, 2014	Feb. 02, 2013
Pension Benefits
Schedule of Benefit Obligations Weighted Average Assumptions [Line Items]
Discount rate	4.33%	3.79%	4.16%
Rate of compensation increase	3.67%	3.69%	3.68%
Expected long-term rate of return on assets	6.25%	6.24%	6.63%
Postretirement Benefits
Schedule of Benefit Obligations Weighted Average Assumptions [Line Items]
Discount rate	4.20%	3.70%	4.00%

Net Benefit Expense (Income) (Detail) - USD ($) $ in Millions	12 Months Ended
	Jan. 31, 2015	Feb. 01, 2014	Feb. 02, 2013
Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 15	$ 14	$ 13
Interest cost	28	25	28
Expected return on plan assets	(38)	(39)	(40)
Amortization of prior service cost	0	0	0
Amortization of net loss (gain)	15	17	17
Net benefit expense (income)	20	17	18
Postretirement Benefits
Defined Benefit Plan Disclosure [Line Items]
Service cost	0	0	0
Interest cost	1	1	0
Expected return on plan assets	0	0	0
Amortization of prior service cost	0	0	0
Amortization of net loss (gain)	(3)	(3)	(4)
Net benefit expense (income)	$ (2)	$ (2)	$ (4)

Assumed Health Care Cost Trend Rates Related to Measurement of SERP Medical Plan Obligations (Detail)	12 Months Ended
	Jan. 31, 2015	Feb. 01, 2014	Feb. 02, 2013
Medical care \| Defined Benefit Obligations
Health Care Cost Trend Rates Assumptions [Line Items]
Initial cost trend rate	7.00%	7.00%	7.50%
Ultimate cost trend rate	5.00%	5.00%	5.00%
Year that the ultimate cost trend rate is reached	2019	2018	2018
Medical care \| Net Periodic Benefit Costs
Health Care Cost Trend Rates Assumptions [Line Items]
Initial cost trend rate	7.00%	7.50%	8.00%
Ultimate cost trend rate	5.00%	5.00%	5.00%
Year that the ultimate cost trend rate is reached	2018	2018	2018
Dental care \| Defined Benefit Obligations
Health Care Cost Trend Rates Assumptions [Line Items]
Initial cost trend rate	5.00%	5.00%	5.00%
Ultimate cost trend rate	5.00%	5.00%	5.00%
Year that the ultimate cost trend rate is reached	2013	2013	2013
Dental care \| Net Periodic Benefit Costs
Health Care Cost Trend Rates Assumptions [Line Items]
Initial cost trend rate	5.00%	5.00%	5.50%
Ultimate cost trend rate	5.00%	5.00%	5.00%
Year that the ultimate cost trend rate is reached	2013	2013	2013

Effect of One Percentage-Point Change in Assumed Health Care Cost Trend Rates (Detail) - Supplemental Employee Retirement Plan [Member] $ in Millions	12 Months Ended
	Jan. 31, 2015 USD ($)
Assumed Health Care Cost Trend Rates, Effect of One Percentage Point Change [Line Items]
Effect on total service and interest cost components, 1% increase	$ 0
Effect on accumulated postretirement benefit obligation, 1% increase	4
Effect on total service and interest cost components, 1% (decrease)	0
Effect on accumulated postretirement benefit obligation, 1% (decrease)	$ (3)

Fair Values of Pension Plan Assets (Detail) - USD ($)
$ in Millions

Jan. 31, 2015

Feb. 01, 2014

^[1]

Equity Securities | Canadian and International

$ 3

$ 0

Schedule of Pension and Other Postretirement Plan Assets by Fair Value [Line Items]

Fixed-income securities | Cash matched bonds

^[2]

Schedule of Pension and Other Postretirement Plan Assets by Fair Value [Line Items]

Canadian Qualified Pension Plan

^[3]

Schedule of Pension and Other Postretirement Plan Assets by Fair Value [Line Items]

Schedule of Pension and Other Postretirement Plan Assets by Fair Value [Line Items]

$ 75

Level 1

Level 1 | Equity Securities | Canadian and International

Schedule of Pension and Other Postretirement Plan Assets by Fair Value [Line Items]

Level 1 | Fixed-income securities | Cash matched bonds

^[2]

Schedule of Pension and Other Postretirement Plan Assets by Fair Value [Line Items]

Level 1 | Canadian Qualified Pension Plan

^[3]

Schedule of Pension and Other Postretirement Plan Assets by Fair Value [Line Items]

Schedule of Pension and Other Postretirement Plan Assets by Fair Value [Line Items]

Level 2

Level 2 | Equity Securities | Canadian and International

Schedule of Pension and Other Postretirement Plan Assets by Fair Value [Line Items]

Level 2 | Fixed-income securities | Cash matched bonds

^[2]

Schedule of Pension and Other Postretirement Plan Assets by Fair Value [Line Items]

Level 2 | Canadian Qualified Pension Plan

^[3]

Schedule of Pension and Other Postretirement Plan Assets by Fair Value [Line Items]

Schedule of Pension and Other Postretirement Plan Assets by Fair Value [Line Items]

Level 3

Level 3 | Equity Securities | Canadian and International

Schedule of Pension and Other Postretirement Plan Assets by Fair Value [Line Items]

Level 3 | Fixed-income securities | Cash matched bonds

^[2]

Schedule of Pension and Other Postretirement Plan Assets by Fair Value [Line Items]

Level 3 | Canadian Qualified Pension Plan

^[3]

Schedule of Pension and Other Postretirement Plan Assets by Fair Value [Line Items]

Quarterly Results Of Operations [Line Items]

$ 0

[1]	Each category of plan assets is classified within the same level of the fair value hierarchy for 2014 and 2013.
[2]	This category comprises one mutual fund that invests primarily in a diverse portfolio of Canadian securities.
[3]	This category consists of fixed-income securities, including strips and coupons, issued or guaranteed by the Government of Canada, provinces or municipalities of Canada including their agencies and crown corporations, as well as other governmental bonds and corporate bonds.

Estimated Future Benefit Payments (Detail) $ in Millions	Jan. 31, 2015 USD ($)
Pension Benefits
Schedule of Postemployment Expected Future Benefit Payments [Line Items]
2015	$ 66
2016	55
2017	53
2018	52
2019	53
2020 - 2024	232
Postretirement Benefits
Schedule of Postemployment Expected Future Benefit Payments [Line Items]
2015	1
2016	1
2017	1
2018	1
2019	1
2020 - 2024	$ 5

Share-Based Compensation - Additional Information (Detail)	12 Months Ended
	Jan. 31, 2015 USD ($) shares	Feb. 01, 2014 USD ($) shares	Feb. 02, 2013 USD ($) shares	May 21, 2014 shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Cash received from options exercised	$ 17,000,000
Tax benefit realized from options exercised	8,000,000	$ 7,000,000	$ 11,000,000
Restricted Stock and Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost, net of estimated forfeitures	$ 12,000,000
Awards vesting period description	Generally, awards fully vest after the passage of time, typically three years. However, restricted stock unit grants made in connection with the Company's long-term incentive program vest after the attainment of certain performance metrics and the passage of time.
Total value of awards for which restrictions lapsed	$ 14,000,000	$ 9,000,000	$ 8,000,000
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number \| shares	755,936	1,027,542	1,254,876
Nonvested stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost, net of estimated forfeitures	$ 7,000,000
Unrecognized compensation cost related to nonvested stock options, weighted-average period expected to be recognized	1 year 4 months 6 days
Stock Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Participating employees maximum contribution of their annual compensation to acquire common stock shares		$ 25,000
Percentage of common stock fair market value on plan		85.00%
Shares purchased under plan \| shares		3,000,000
Number of participating employees	958
Total number of shares purchased \| shares	160,859
Common Stock, Capital Shares Reserved for Future Issuance \| shares				14,000,000

Total compensation expense included in SG&A and the related tax benefits recognized (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 31, 2015	Feb. 01, 2014	Feb. 02, 2013
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total share-based compensation expense	$ 24	$ 25	$ 20
Tax benefit	7	8	6
Tax deductions in excess of the cumulative compensation cost	12	9	11
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Allocated Share-based Compensation Expense	13	12	10
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Allocated Share-based Compensation Expense	$ 11	$ 13	$ 10

Assumption used to Compute Share-Based Compensation Expense (Detail) - $ / shares	12 Months Ended
	Jan. 31, 2015	Feb. 01, 2014	Feb. 02, 2013
Stock Option Plans
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted-average risk free rate of interest	2.07%	1.02%	1.49%
Expected volatility	39.00%	42.00%	43.00%
Weighted-average expected award life (in years)	6 years 1 month 6 days	6 years	5 years 6 months
Dividend yield	1.90%	2.30%	2.30%
Weighted-average fair value	$ 15.30	$ 10.98	$ 10.13
Stock Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted-average risk free rate of interest	0.14%	0.17%	0.22%
Expected volatility	24.00%	40.00%	38.00%
Weighted-average expected award life (in years)	1 year	1 year	1 year
Dividend yield	2.00%	2.30%	2.50%
Weighted-average fair value	$ 7.35	$ 5.79	$ 6.11

Options Granted under Stock Option Plans (Detail) - $ / shares shares in Thousands	12 Months Ended
	Jan. 31, 2015	Feb. 01, 2014	Feb. 02, 2013
Number of Shares
Options outstanding at beginning of year	5,668	5,907	7,227
Granted	849	1,154	940
Exercised	(810)	(1,328)	(2,213)
Expired or cancelled	(138)	(65)	(47)
Options outstanding at end of year	5,569	5,668	5,907
Options exercisable at end of year	3,759	3,495	3,593
Options vested and expected to vest	5,546	5,558	5,804
Options available for future grant at end of year	13,911	3,267	5,518
Weighted-Average Exercise Price
Options outstanding at beginning of year	$ 22.66	$ 19.93	$ 18.44
Granted	46.20	34.25	30.96
Exercised	21.74	20.26	19.67
Expired or cancelled	42.55	29.55	23.74
Options outstanding at end of year	25.89	22.66	19.93
Options exercisable at end of year	19.74	18.02	17.83
Options vested and expected to vest	$ 25.82	$ 22.45	$ 19.82

Total Intrinsic Value of Options Exercised (Detail) - USD ($) $ in Millions	12 Months Ended
	Jan. 31, 2015	Feb. 01, 2014	Feb. 02, 2013
Intrinsic value of stock options
Exercised	$ 22	$ 21	$ 29

Aggregate Intrinsic Value for Stock Options Outstanding and Exercisable (Detail) - USD ($) $ in Millions	Jan. 31, 2015	Feb. 01, 2014	Feb. 02, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding	$ 152	$ 90	$ 86
Outstanding and exercisable	126	72	60
Vested and expected to vest	$ 152	$ 90	$ 86

Information about Stock Options Outstanding and Exercisable (Detail) - $ / shares shares in Thousands	12 Months Ended
	Jan. 31, 2015	Feb. 01, 2014	Feb. 02, 2013	Jan. 28, 2012
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding, Number of Shares	5,569	5,668	5,907	7,227
Options Outstanding, Weighted-Average Remaining Contractual Life	6 years 3 months 22 days
Options Outstanding, Weighted-Average Exercise Price	$ 25.89	$ 22.66	$ 19.93	$ 18.44
Options Exercisable, Number of Shares	3,759	3,495	3,593
Options Exercisable, Weighted-Average Exercise Price	$ 19.74	$ 18.02	$ 17.83
$9.85 to $15.10
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Range of Exercise Prices, Lower Limit	9.85
Range of Exercise Prices, Upper Limit	$ 15.10
Options Outstanding, Number of Shares	1,466
Options Outstanding, Weighted-Average Remaining Contractual Life	4 years 7 months 17 days
Options Outstanding, Weighted-Average Exercise Price	$ 12.39
Options Exercisable, Number of Shares	1,466
Options Exercisable, Weighted-Average Exercise Price	$ 12.39
$18.80 to $24.76
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Range of Exercise Prices, Lower Limit	18.80
Range of Exercise Prices, Upper Limit	$ 24.76
Options Outstanding, Number of Shares	1,453
Options Outstanding, Weighted-Average Remaining Contractual Life	5 years 11 days
Options Outstanding, Weighted-Average Exercise Price	$ 20.10
Options Exercisable, Number of Shares	1,453
Options Exercisable, Weighted-Average Exercise Price	$ 20.10
$25.19 to $34.27
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Range of Exercise Prices, Lower Limit	25.19
Range of Exercise Prices, Upper Limit	$ 34.27
Options Outstanding, Number of Shares	1,896
Options Outstanding, Weighted-Average Remaining Contractual Life	7 years 5 months 12 days
Options Outstanding, Weighted-Average Exercise Price	$ 32.70
Options Exercisable, Number of Shares	828
Options Exercisable, Weighted-Average Exercise Price	$ 31.82
$34.42 to $56.35
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Range of Exercise Prices, Lower Limit	34.42
Range of Exercise Prices, Upper Limit	$ 56.35
Options Outstanding, Number of Shares	754
Options Outstanding, Weighted-Average Remaining Contractual Life	9 years 1 month 24 days
Options Outstanding, Weighted-Average Exercise Price	$ 46.15
Options Exercisable, Number of Shares	12
Options Exercisable, Weighted-Average Exercise Price	$ 40.51

Changes in Nonvested Options (Detail) - Restricted Stock Units R S U [Member] - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	12 Months Ended
	Jan. 31, 2015	Feb. 01, 2014	Feb. 02, 2013
Number of Shares
Nonvested, Beginning Balance	1,369	1,564	2,068
Granted	360	469	278
Vested	(649)	(649)	(782)
Expired or cancelled	(42)	(15)	0
Nonvested, Ending Balance	1,038	1,369	1,564
Aggregate value (in millions)	$ 39	$ 37	$ 30
Wtg. Avg. remaining contractual life (in years)	1 year 1 month 13 days	10 months 20 days	10 months 2 days
Weighted-Average Grant Date Fair Value per Share
Nonvested, Beginning Balance	$ 27.20	$ 19.50	$ 14.52
Granted	46.48	35.03	30.89
Vested	20.84	14.50	10.37
Expired or cancelled	24.69	18.30	0
Nonvested, Ending Balance	$ 37.96	$ 27.20	$ 19.50

Legal Proceedings - Additional Information (Detail)	Jan. 29, 2011
Legal Proceedings [Line Items]
Number of employees offered to participate in class action	81,888
Number of employees opted class action	5,027

Quarterly Results (Unaudited) (Detail) - USD ($)
$ / shares in Units, $ in Millions

3 Months Ended

12 Months Ended

Jan. 31, 2015

Nov. 01, 2014

Aug. 02, 2014

May 03, 2014

Feb. 01, 2014

Nov. 02, 2013

Aug. 03, 2013

May 04, 2013

Jan. 31, 2015

Feb. 01, 2014

Feb. 02, 2013

Basic earnings per share:

$ 1,911

$ 1,731

$ 1,641

$ 1,868

$ 1,791

$ 1,622

$ 1,454

$ 1,638

$ 7,151

$ 6,505

$ 6,182

Gross margin

^[1]

629

574

525

646

582

537

453

561

2,374

2,133

Operating profit

220

^[2]

187

^[2]

144

^[2]

254

^[2]

181

^[2]

162

^[2]

106

^[2]

215

^[2]

805

^[2]

664

^[2]

610

Net income

$ 146

$ 120

$ 92

$ 162

$ 121

$ 104

$ 66

$ 138

$ 520

$ 429

$ 397

$ 1.03

$ 0.84

$ 0.63

$ 1.12

$ 0.83

$ 0.70

$ 0.44

$ 0.92

$ 3.61

$ 2.89

$ 2.62

Diluted earnings per share:

$ 1.01

$ 0.82

$ 0.63

$ 1.10

$ 0.81

$ 0.70

$ 0.44

$ 0.90

$ 3.56

$ 2.85

$ 2.58

[1]	Gross margin represents sales less cost of sales.
[2]	Operating profit represents income before income taxes, interest expense, net, and non-operating income.

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.