Income Taxes (Tables)
 12 Months Ended
Feb. 02, 2019
Income Tax Disclosure [Abstract]  
Schedule of Components of Income Tax Expense (Benefit)
The components of our income tax expense/(benefit) were as follows:
($ in millions)
 
2018
 
2017
 
2016
Current
 
 
 
 
 
 
Federal and foreign
 
$
(5
)
 
$
(60
)
 
$
(12
)
State and local
 
1

 
1

 
4

Total current
 
(4
)
 
(59
)
 
(8
)
Deferred
 
 
 
 
 
 
Federal and foreign
 
(17
)
 
(63
)
 
9

State and local
 
5

 
(4
)
 
—

Total deferred
 
(12
)
 
(67
)
 
9

Total income tax expense/(benefit)
 
$
(16
)
 
$
(126
)
 
$
1
Schedule of Effective Income Tax Rate Reconciliation
The following table summarizes a reconciliation of income tax expense/(benefit) compared with the amounts at the U.S. federal statutory income tax rate:
($ in millions)
 
2018
 
2017
 
2016
Federal income tax at statutory rate
 
$
(57
)
 
$
(82
)
 
$
1

State and local income tax, less federal income tax benefit
 
(17
)
 
(12
)
 
(2
)
Increase/(decrease) in valuation allowance
 
47

 
33

 
(1
)
Effect of U.S. tax reform
 
—

 
(75
)
 
—

Other, including permanent differences and credits
 
11

 
10

 
3

Total income tax expense/(benefit)
 
$
(16
)
 
$
(126
)
 
$
1
Schedule of Deferred Tax Assets and Liabilities
Our deferred tax assets and liabilities were as follows:
($ in millions)
 
2018
 
2017
Assets
 
 
 
 
Merchandise inventory
 
$
4

 
$
—

Accrued vacation pay
 
8

 
8

Gift cards
 
35

 
42

Stock-based compensation
 
19

 
30

State taxes
 
3

 
5

Workers’ compensation/general liability
 
41

 
44

Accrued rent
 
27

 
26

Litigation exposure
 
2

 
3

Interest expense limitation
 
48

 
—

Mirror savings plan
 
7

 
8

Pension and other retiree obligations
 
1

 
34

Net operating loss and tax credit carryforwards
 
719

 
723

Other
 
40

 
68

Total deferred tax assets
 
954

 
991

Valuation allowance
 
(802
)
 
(766
)
Total net deferred tax assets
 
152

 
225

Liabilities
 
 
 
 
Depreciation and amortization
 
(223
)
 
(310
)
Tax benefit transfers
 
(29
)
 
(31
)
Long-lived intangible assets
 
(31
)
 
(27
)
Total deferred tax liabilities
 
(283
)
 
(368
)
Total net deferred tax liabilities
 
$
(131
)
 
$
(143
)
Summary of Income Tax Contingencies
A reconciliation of unrecognized tax benefits is as follows:
($ in millions)
 
2018
 
2017
 
2016
Beginning balance
 
$
35

 
$
79

 
$
91

Additions for tax positions of prior years
 
3

 
4

 
16

Reductions for tax positions of prior years
 
(1
)
 
(45
)
 
(24
)
Settlements and effective settlements with tax authorities
 
(2
)
 
(3
)
 
(4
)
Balance at end of year 
 
$
35

 
$
35

 
$
79



Unrecognized tax benefits included in our Consolidated Balance Sheets were as follows:
($ in millions)
 
2018
 
2017
Deferred taxes (noncurrent liability)
 
$
32

 
$
32

Accounts payable and accrued expenses (Note 7)
 
2

 
2

Other liabilities (Note 8)
 
1

 
1

Total
 
$
35

 
$
35