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<div>
<p class="MsoNormal">
<a name=
"_AUC8380326e463c47e1b7e8afcb3e3f0fab"><b><span style="color:black">
Note 6 – Fair Value Disclosures</span></b></a>
</p>
<p class="MsoNormal">
<span><span style="font-size:8.0pt"> </span></span>
</p>
<p class="MsoNormal">
<span>SFAS <span style="color:black">157, “Fair Value
Measurements,” defines fair value as the price that would be
received to sell an asset or paid to transfer a liability
(i.e., the exit price) in an orderly transaction between
market participants at the measurement date.<span style=
"mso-spacerun:yes"> </span> SFAS 157 establishes a hierarchy
for inputs used in measuring fair value, as
follows:</span></span>
</p>
<p class="MsoNormal">
<span><span style="color:black"> </span></span>
</p>
<p class="MsoNormal" style="margin-left:19.8pt">
<span><span style="color:black">Level 1 — Quoted prices in
active markets for identical assets or
liabilities.</span></span>
</p>
<p class="MsoNormal">
<span><span style="color:black"> </span></span>
</p>
<p class="MsoNormal" style="margin-left:19.8pt">
<span><span style="color:black">Level 2 — Significant
observable inputs other than quoted prices in active markets
for similar assets and liabilities, such as quoted prices for
identical or similar assets or liabilities in markets that
are not active; or other inputs that are observable or can be
corroborated by observable market data.</span></span>
</p>
<p class="MsoNormal">
<span><span style="font-size:8.0pt"> </span></span>
</p>
<p class="MsoNormal" style="margin-left:19.8pt">
<span><span style="color:black">Level 3 — Significant
unobservable inputs reflecting our own assumptions,
consistent with reasonably available assumptions made by
other market participants.</span></span>
</p>
<p class="MsoNormal">
<span><span style="color:black"> </span></span>
</p>
<p class="MsoNormal" style="tab-stops:175.5pt">
<span><b style="mso-bidi-font-weight:normal"><i style=
"mso-bidi-font-style:normal"><span style="color:black">REIT
Assets Measured on a Recurring Basis</span></i></b></span>
</p>
<p class="MsoNormal" style="text-align:justify">
<span><span style="color:black">We determined the fair value
of our investments in public real estate investment trusts
(REITs) using quoted market
prices</span></span><span><span style=
"font-size:8.0pt">.<span style=
"mso-spacerun:yes"> </span></span> The fair value of these
investments reflected in other assets in our Consolidated
Balance Sheet <span style="color:black">as of August 1, 2009
is presented in the table below based on the hierarchy
outlined in SFAS 157.<span style="mso-spacerun:yes"> </span>
See Note 7 for the net unrealized gain of $20 million in
REITs recorded in accumulated other comprehensive income, a
component of net equity.<span style=
"mso-spacerun:yes"> </span></span> Our REIT assets measured
at fair value on a recurring basis were as follows: </span>
</p>
<p class="MsoNormal" style="text-align:justify">
<span><span style="color:black"> </span></span>
</p>
<div align="center">
<table class="MsoNormalTable" border="0" cellspacing="0"
cellpadding="0" style=
"border-collapse:collapse;mso-table-layout-alt:fixed;mso-padding-alt: 0in 0in 0in 0in">
<tr style="mso-yfti-irow:0;mso-yfti-firstrow:yes">
<td width="337" colspan="11" valign="bottom" style=
"width:252.55pt;border:none; border-bottom:solid windowtext 1.0pt;mso-border-bottom-alt:solid windowtext .5pt; padding:0in 0in 0in 0in">
<p class="MsoNormal" align="center" style=
"text-align:center">
<span><b><span style="color:black">REIT Assets at
Fair Value as of Aug. 1, 2009</span></b></span>
</p>
<p class="MsoNormal" align="center" style=
"text-align:center">
<span><i style=
"mso-bidi-font-style:normal"><span style=
"color:black;mso-bidi-font-weight: bold">($ in
millions)</span></i></span>
</p>
</td>
<td width="9" valign="bottom" style=
"width:6.55pt;padding:0in 0in 0in 0in">
<p class="MsoNormal" align="center" style=
"text-align:center">
<span><b><span style=
"font-size:1.0pt;color:black"> </span></b></span>
</p>
</td>
</tr>
<tr style="mso-yfti-irow:1">
<td width="78" colspan="2" valign="bottom" style=
"width:58.15pt;border:none; border-bottom:solid windowtext 1.0pt;mso-border-top-alt:solid windowtext .5pt; mso-border-top-alt:solid windowtext .5pt;mso-border-bottom-alt:solid windowtext .5pt; padding:0in 0in 0in 0in">
<p class="MsoNormal" align="center" style=
"text-align:center">
<span><b><span style="color:black">Level
1</span></b></span>
</p>
</td>
<td width="9" valign="bottom" style=
"width:6.55pt;border:none;mso-border-top-alt: solid windowtext .5pt;padding:0in 0in 0in 0in">
<p class="MsoNormal" align="center" style=
"text-align:center">
<span><b><span style=
"font-size:1.0pt;color:black"> </span></b></span>
</p>
</td>
<td width="78" colspan="2" valign="bottom" style=
"width:58.25pt;border:none; border-bottom:solid windowtext 1.0pt;mso-border-top-alt:solid windowtext .5pt; mso-border-top-alt:solid windowtext .5pt;mso-border-bottom-alt:solid windowtext .5pt; padding:0in 0in 0in 0in">
<p class="MsoNormal" align="center" style=
"text-align:center">
<span><b><span style="color:black">Level
2</span></b></span>
</p>
</td>
<td width="9" valign="bottom" style=
"width:6.55pt;border:none;mso-border-top-alt: solid windowtext .5pt;padding:0in 0in 0in 0in">
<p class="MsoNormal" align="center" style=
"text-align:center">
<span><b><span style=
"font-size:1.0pt;color:black"> </span></b></span>
</p>
</td>
<td width="78" colspan="2" valign="bottom" style=
"width:58.25pt;border:none; border-bottom:solid windowtext 1.0pt;mso-border-top-alt:solid windowtext .5pt; mso-border-top-alt:solid windowtext .5pt;mso-border-bottom-alt:solid windowtext .5pt; padding:0in 0in 0in 0in">
<p class="MsoNormal" align="center" style=
"text-align:center">
<span><b><span style="color:black">Level
3</span></b></span>
</p>
</td>
<td width="9" valign="bottom" style=
"width:6.55pt;border:none;mso-border-top-alt: solid windowtext .5pt;padding:0in 0in 0in 0in">
<p class="MsoNormal" align="center" style=
"text-align:center">
<span><b><span style=
"font-size:1.0pt;color:black"> </span></b></span>
</p>
</td>
<td width="78" colspan="2" valign="bottom" style=
"width:58.25pt;border:none; border-bottom:solid windowtext 1.0pt;mso-border-top-alt:solid windowtext .5pt; mso-border-top-alt:solid windowtext .5pt;mso-border-bottom-alt:solid windowtext .5pt; padding:0in 0in 0in 0in">
<p class="MsoNormal" align="center" style=
"text-align:center">
<span><b><span style=
"color:black">Total</span></b></span>
</p>
</td>
<td width="9" valign="bottom" style=
"width:6.55pt;padding:0in 0in 0in 0in">
<p class="MsoNormal" align="center" style=
"text-align:center">
<span><b><span style=
"font-size:1.0pt;color:black"> </span></b></span>
</p>
</td>
</tr>
<tr style=
"mso-yfti-irow:2;mso-yfti-lastrow:yes;height:10.35pt">
<td width="10" valign="bottom" style=
"width:.1in;border:none;border-bottom:double windowtext 1.5pt; mso-border-top-alt:solid windowtext .5pt;padding:0in 0in 0in 0in;height:10.35pt">
<p class="MsoNormal" align="center" style=
"text-align:center">
<span><b><span style=
"color:black">$</span></b></span>
</p>
</td>
<td width="68" valign="bottom" style=
"width:50.95pt;border:none;border-bottom: double windowtext 1.5pt;mso-border-top-alt:solid windowtext .5pt;padding: 0in 0in 0in 0in;height:10.35pt">
<p class="MsoNormal" align="right" style=
"text-align:right">
<span><b style=
"mso-bidi-font-weight:normal"><span style=
"color:black">133</span></b></span>
</p>
</td>
<td width="9" valign="bottom" style=
"width:6.55pt;padding:0in 0in 0in 0in; height:10.35pt">
<p class="MsoNormal">
<span><span style=
"font-size:1.0pt;color:black"> </span></span>
</p>
</td>
<td width="10" valign="bottom" style=
"width:7.3pt;border:none;border-bottom:double windowtext 1.5pt; mso-border-top-alt:solid windowtext .5pt;padding:0in 0in 0in 0in;height:10.35pt">
<p class="MsoNormal" align="center" style=
"text-align:center">
<span><b><span style=
"color:black">$</span></b></span>
</p>
</td>
<td width="68" valign="bottom" style=
"width:50.95pt;border-top:solid windowtext 1.0pt; border-left:none;border-bottom:double windowtext 1.5pt;border-right:none; mso-border-top-alt:solid windowtext .5pt;mso-border-bottom-alt:double windowtext 1.5pt; padding:0in 0in 0in 0in;height:10.35pt">
<p class="MsoNormal" align="right" style=
"text-align:right">
<span><span style="color:black">-</span></span>
</p>
</td>
<td width="9" valign="bottom" style=
"width:6.55pt;padding:0in 0in 0in 0in; height:10.35pt">
<p class="MsoNormal">
<span><span style=
"font-size:1.0pt;color:black"> </span></span>
</p>
</td>
<td width="10" valign="bottom" style=
"width:7.3pt;border:none;border-bottom:double windowtext 1.5pt; mso-border-top-alt:solid windowtext .5pt;padding:0in 0in 0in 0in;height:10.35pt">
<p class="MsoNormal" align="center" style=
"text-align:center">
<span><b><span style=
"color:black">$</span></b></span>
</p>
</td>
<td width="68" valign="bottom" style=
"width:50.95pt;border-top:solid windowtext 1.0pt; border-left:none;border-bottom:double windowtext 1.5pt;border-right:none; mso-border-top-alt:solid windowtext .5pt;mso-border-bottom-alt:double windowtext 1.5pt; padding:0in 0in 0in 0in;height:10.35pt">
<p class="MsoNormal" align="right" style=
"text-align:right">
<span><span style="color:black">-</span></span>
</p>
</td>
<td width="9" valign="bottom" style=
"width:6.55pt;padding:0in 0in 0in 0in; height:10.35pt">
<p class="MsoNormal">
<span><span style=
"font-size:1.0pt;color:black"> </span></span>
</p>
</td>
<td width="10" valign="bottom" style=
"width:7.3pt;border:none;border-bottom:double windowtext 1.5pt; mso-border-top-alt:solid windowtext .5pt;padding:0in 0in 0in 0in;height:10.35pt">
<p class="MsoNormal" align="center" style=
"text-align:center">
<span><b><span style=
"color:black">$</span></b></span>
</p>
</td>
<td width="68" valign="bottom" style=
"width:50.95pt;border-top:solid windowtext 1.0pt; border-left:none;border-bottom:double windowtext 1.5pt;border-right:none; mso-border-top-alt:solid windowtext .5pt;mso-border-bottom-alt:double windowtext 1.5pt; padding:0in 0in 0in 0in;height:10.35pt">
<p class="MsoNormal" align="right" style=
"text-align:right">
<span><b style=
"mso-bidi-font-weight:normal"><span style=
"color:black">133</span></b></span>
</p>
</td>
<td width="9" valign="bottom" style=
"width:6.55pt;padding:0in 0in 0in 0in; height:10.35pt">
<p class="MsoNormal">
<span><span style=
"font-size:1.0pt;color:black"> </span></span>
</p>
</td>
</tr><![if !supportMisalignedColumns]>
<tr height="0">
<td width="10" style="border:none"></td>
<td width="68" style="border:none"></td>
<td width="9" style="border:none"></td>
<td width="10" style="border:none"></td>
<td width="68" style="border:none"></td>
<td width="9" style="border:none"></td>
<td width="10" style="border:none"></td>
<td width="68" style="border:none"></td>
<td width="9" style="border:none"></td>
<td width="10" style="border:none"></td>
<td width="68" style="border:none"></td>
<td width="9" style="border:none"></td>
</tr><![endif]>
</table>
</div>
<p class="MsoNormal">
<span><span style="color:black"> </span></span>
</p>
<p class="MsoNormal">
<span><span style="color:black"> </span></span>
</p>
<p class="MsoNormal">
<span><b style="mso-bidi-font-weight:normal"><i style=
"mso-bidi-font-style:normal"><span style=
"color:black">Corporate Assets Measured on a Non-Recurring
Basis</span></i></b></span>
</p>
<p class="MsoNormal">
<span><span style="color:black">For the second quarter of
2009, we recorded a $3 million other-than-temporary
impairment for certain corporate assets.<span style=
"mso-spacerun:yes"> </span> We determined the fair value
using an executed contract price for one of the assets and
quoted prices for similar assets, corroborated by</span>
current market information <span style="color:black">for the
other asset.<span style="mso-spacerun:yes"> </span> Our
financial assets and liabilities measured at fair value on a
non-recurring basis were as follows:<span style=
"mso-spacerun:yes"> </span></span></span>
</p>
<p class="MsoNormal">
<span><span style="color:black"> </span></span>
</p>
<div align="center">
<table class="MsoNormalTable" border="0" cellspacing="0"
cellpadding="0" style=
"border-collapse:collapse;mso-table-layout-alt:fixed;mso-padding-alt: 0in 0in 0in 0in">
<tr style="mso-yfti-irow:0;mso-yfti-firstrow:yes">
<td width="338" colspan="11" valign="bottom" style=
"width:253.5pt;border:none; border-bottom:solid windowtext 1.0pt;mso-border-bottom-alt:solid windowtext .5pt; padding:0in 0in 0in 0in">
<p class="MsoNormal" align="center" style=
"text-align:center">
<span><b><span style="color:black">Corporate Assets
at Fair Value as of Aug. 1, 2009</span></b></span>
</p>
<p class="MsoNormal" align="center" style=
"text-align:center">
<span><i style=
"mso-bidi-font-style:normal"><span style=
"color:black;mso-bidi-font-weight: bold">($ in
millions)</span></i></span>
</p>
</td>
<td width="9" valign="bottom" style=
"width:6.55pt;padding:0in 0in 0in 0in">
<p class="MsoNormal" align="center" style=
"text-align:center">
<span><b><span style=
"font-size:1.0pt;color:black"> </span></b></span>
</p>
</td>
</tr>
<tr style="mso-yfti-irow:1">
<td width="78" colspan="2" valign="bottom" style=
"width:58.5pt;border:none; border-bottom:solid windowtext 1.0pt;mso-border-top-alt:solid windowtext .5pt; mso-border-top-alt:solid windowtext .5pt;mso-border-bottom-alt:solid windowtext .5pt; padding:0in 0in 0in 0in">
<p class="MsoNormal" align="center" style=
"text-align:center">
<span><b><span style="color:black">Level
1</span></b></span>
</p>
</td>
<td width="9" valign="bottom" style=
"width:6.55pt;border:none;mso-border-top-alt: solid windowtext .5pt;padding:0in 0in 0in 0in">
<p class="MsoNormal" align="center" style=
"text-align:center">
<span><b><span style=
"font-size:1.0pt;color:black"> </span></b></span>
</p>
</td>
<td width="78" colspan="2" valign="bottom" style=
"width:58.45pt;border:none; border-bottom:solid windowtext 1.0pt;mso-border-top-alt:solid windowtext .5pt; mso-border-top-alt:solid windowtext .5pt;mso-border-bottom-alt:solid windowtext .5pt; padding:0in 0in 0in 0in">
<p class="MsoNormal" align="center" style=
"text-align:center">
<span><b><span style="color:black">Level
2</span></b></span>
</p>
</td>
<td width="9" valign="bottom" style=
"width:6.55pt;border:none;mso-border-top-alt: solid windowtext .5pt;padding:0in 0in 0in 0in">
<p class="MsoNormal" align="center" style=
"text-align:center">
<span><b><span style=
"font-size:1.0pt;color:black"> </span></b></span>
</p>
</td>
<td width="78" colspan="2" valign="bottom" style=
"width:58.45pt;border:none; border-bottom:solid windowtext 1.0pt;mso-border-top-alt:solid windowtext .5pt; mso-border-top-alt:solid windowtext .5pt;mso-border-bottom-alt:solid windowtext .5pt; padding:0in 0in 0in 0in">
<p class="MsoNormal" align="center" style=
"text-align:center">
<span><b><span style="color:black">Level
3</span></b></span>
</p>
</td>
<td width="9" valign="bottom" style=
"width:6.55pt;border:none;mso-border-top-alt: solid windowtext .5pt;padding:0in 0in 0in 0in">
<p class="MsoNormal" align="center" style=
"text-align:center">
<span><b><span style=
"font-size:1.0pt;color:black"> </span></b></span>
</p>
</td>
<td width="78" colspan="2" valign="bottom" style=
"width:58.45pt;border:none; border-bottom:solid windowtext 1.0pt;mso-border-top-alt:solid windowtext .5pt; mso-border-top-alt:solid windowtext .5pt;mso-border-bottom-alt:solid windowtext .5pt; padding:0in 0in 0in 0in">
<p class="MsoNormal" align="center" style=
"text-align:center">
<span><b><span style=
"color:black">Total</span></b></span>
</p>
</td>
<td width="9" valign="bottom" style=
"width:6.55pt;padding:0in 0in 0in 0in">
<p class="MsoNormal" align="center" style=
"text-align:center">
<span><b><span style=
"font-size:1.0pt;color:black"> </span></b></span>
</p>
</td>
</tr>
<tr style=
"mso-yfti-irow:2;mso-yfti-lastrow:yes;height:10.35pt">
<td width="10" valign="bottom" style=
"width:7.3pt;border:none;border-bottom:double windowtext 1.5pt; mso-border-top-alt:solid windowtext .5pt;padding:0in 0in 0in 0in;height:10.35pt">
<p class="MsoNormal" align="center" style=
"text-align:center">
<span><b><span style=
"color:black">$</span></b></span>
</p>
</td>
<td width="68" valign="bottom" style=
"width:51.2pt;border:none;border-bottom: double windowtext 1.5pt;mso-border-top-alt:solid windowtext .5pt;padding: 0in 0in 0in 0in;height:10.35pt">
<p class="MsoNormal" align="right" style=
"text-align:right">
<span><b style=
"mso-bidi-font-weight:normal"><span style=
"color:black">-</span></b></span>
</p>
</td>
<td width="9" valign="bottom" style=
"width:6.55pt;padding:0in 0in 0in 0in; height:10.35pt">
<p class="MsoNormal">
<span><span style=
"font-size:1.0pt;color:black"> </span></span>
</p>
</td>
<td width="10" valign="bottom" style=
"width:7.3pt;border:none;border-bottom:double windowtext 1.5pt; mso-border-top-alt:solid windowtext .5pt;padding:0in 0in 0in 0in;height:10.35pt">
<p class="MsoNormal" align="center" style=
"text-align:center">
<span><b><span style=
"color:black">$</span></b></span>
</p>
</td>
<td width="68" valign="bottom" style=
"width:51.15pt;border-top:solid windowtext 1.0pt; border-left:none;border-bottom:double windowtext 1.5pt;border-right:none; mso-border-top-alt:solid windowtext .5pt;mso-border-bottom-alt:double windowtext 1.5pt; padding:0in 0in 0in 0in;height:10.35pt">
<p class="MsoNormal" align="right" style=
"text-align:right">
<span><b style=
"mso-bidi-font-weight:normal"><span style=
"color:black">17</span></b></span>
</p>
</td>
<td width="9" valign="bottom" style=
"width:6.55pt;padding:0in 0in 0in 0in; height:10.35pt">
<p class="MsoNormal">
<span><b style=
"mso-bidi-font-weight:normal"><span style=
"font-size:1.0pt;color:black"> </span></b></span>
</p>
</td>
<td width="10" valign="bottom" style=
"width:7.3pt;border:none;border-bottom:double windowtext 1.5pt; mso-border-top-alt:solid windowtext .5pt;padding:0in 0in 0in 0in;height:10.35pt">
<p class="MsoNormal" align="center" style=
"text-align:center">
<span><b><span style=
"color:black">$</span></b></span>
</p>
</td>
<td width="68" valign="bottom" style=
"width:51.15pt;border-top:solid windowtext 1.0pt; border-left:none;border-bottom:double windowtext 1.5pt;border-right:none; mso-border-top-alt:solid windowtext .5pt;mso-border-bottom-alt:double windowtext 1.5pt; padding:0in 0in 0in 0in;height:10.35pt">
<p class="MsoNormal" align="right" style=
"text-align:right">
<span><b style=
"mso-bidi-font-weight:normal"><span style=
"color:black">-</span></b></span>
</p>
</td>
<td width="9" valign="bottom" style=
"width:6.55pt;padding:0in 0in 0in 0in; height:10.35pt">
<p class="MsoNormal">
<span><span style=
"font-size:1.0pt;color:black"> </span></span>
</p>
</td>
<td width="10" valign="bottom" style=
"width:7.3pt;border:none;border-bottom:double windowtext 1.5pt; mso-border-top-alt:solid windowtext .5pt;padding:0in 0in 0in 0in;height:10.35pt">
<p class="MsoNormal" align="center" style=
"text-align:center">
<span><b><span style=
"color:black">$</span></b></span>
</p>
</td>
<td width="68" valign="bottom" style=
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<span><b style="mso-bidi-font-weight:normal"><i style=
"mso-bidi-font-style:normal"><span style=
"font-size:10.0pt">Other Financial
Instruments</span></i></b></span>
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<span><span style="font-size:10.0pt">Our financial
instruments include cash and cash equivalents and long-term
debt.<span style="mso-spacerun:yes"> </span> The carrying
amount of our cash and cash equivalents approximates fair
value because of the short maturity of these
instruments.<span style="mso-spacerun:yes"> </span> The fair
value of long-term debt, excluding capital leases and other
is estimated by obtaining quotes from brokers or is based on
current rates offered for similar debt. <span style=
"mso-spacerun:yes"> </span>At August 1, 2009, long-term debt,
including current maturities and excluding capital leases and
other, had a carrying value of $3.4 billion and a fair value
of $3.0 billion.<span style="mso-spacerun:yes"> </span> At
January 31, 2009, long-term debt excluding capital leases and
other, had a carrying value of $3.5 billion and a fair value
of $2.6 billion.<span style=
"mso-spacerun:yes"> </span></span></span>
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Note 6 – Fair Value Disclosures
 
SFAS 157, “Fair Value
Measurements,” defines fair value as the
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