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<div> <div><!-- 2.0.3575.42017 --><div><!-- body --><div> <div> <div> <div> <div> <div> <div> <div> <div> <div> <div> <div> <div> <div> <div> <div> <div> <div> <div> <div> <div> <div> <div> <div> <div> <div> <div> <div> <div> <div> <div> <div> <div> <div> <div> <div> <div> <div> <div> <div> <div> <div> <div> <div> <div> <div> <div> <div> <div> <div> <div> <div> <div> <div> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman';"><b><font class="_mt" style="color: black;">Note 6 – Fair Value Disclosures</font></b></p> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman';"><font class="_mt" style="font-size: 8pt;"> </font></p> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman';"><font class="_mt" style="color: black;">Fair value is defined 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.<font class="_mt"> In determining fair value, the accounting standards establish a three level hierarchy for inputs used in measuring fair value, as follows:</font></font></p> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman';"><font class="_mt" style="font-size: 8pt; color: black;"> </font></p> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman';"><font class="_mt" style="color: black;">Level 1 — Quoted prices in active markets for identical assets or liabilities.</font></p> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman';"><font class="_mt" 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.</font></p> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman';"><font class="_mt" style="color: black;">Level 3 — Significant unobservable inputs reflecting our own assumptions, consistent with reasonably available assumptions made by other market participants.</font></p> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman';"><font class="_mt" style="font-size: 8pt; color: black;"> </font></p> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman';"><b><i><font class="_mt" style="color: black;">REIT Assets Measured on a Recurring Basis</font></i></b></p> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman';"><font class="_mt" style="color: black;">We determined the fair value of our investments in public real estate investment trusts (REITs) using quoted market prices. See Note 7 for the net unrealized gain of $40 million in REITs recorded in accumulated other comprehensive income, a component of net equity. Our REIT assets measured at fair value on a recurring basis were as follows:</font></p> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; text-align: justify;"><font class="_mt" style="color: black;"> </font></p> <div align="center"> <table class="MsoNormalTable" style="font-size: 10pt; font-family: 'Times New Roman'; border-collapse: separate;" cellspacing="0" cellpadding="0" border="0"> <tr> <td style="border-right: medium none; padding-right: 0in; border-top: medium none; padding-left: 0in; padding-bottom: 0in; border-left: medium none; padding-top: 0in; border-bottom: windowtext 1pt solid;" valign="bottom" colspan="11"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: center;" align="center"><b><font class="_mt" style="color: black;">REIT Assets at Fair Value as of Oct. 31, 2009</font></b></p> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: center;" align="center"><i><font class="_mt" style="color: black;">($ in millions)</font></i></p> </td> <td style="padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; width: 6.55pt; padding-top: 0in;" valign="bottom" width="9"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: center;" align="center"> </p> </td> </tr> <tr> <td style="border-right: medium none; padding-right: 0in; border-top: medium none; padding-left: 0in; padding-bottom: 0in; border-left: medium none; padding-top: 0in; border-bottom: windowtext 1pt solid;" valign="bottom" colspan="2"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: center;" align="center"><b><font class="_mt" style="color: black;">Level 1</font></b></p> </td> <td style="border-right: medium none; padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; border-left: medium none; width: 6.55pt; padding-top: 0in; border-bottom: medium none;" valign="bottom" width="9"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: center;" align="center"> </p> </td> <td style="border-right: medium none; padding-right: 0in; border-top: medium none; padding-left: 0in; padding-bottom: 0in; border-left: medium none; padding-top: 0in; border-bottom: windowtext 1pt solid;" valign="bottom" colspan="2"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: center;" align="center"><b><font class="_mt" style="color: black;">Level 2</font></b></p> </td> <td style="border-right: medium none; padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; border-left: medium none; width: 6.55pt; padding-top: 0in; border-bottom: medium none;" valign="bottom" width="9"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: center;" align="center"> </p> </td> <td style="border-right: medium none; padding-right: 0in; border-top: medium none; padding-left: 0in; padding-bottom: 0in; border-left: medium none; padding-top: 0in; border-bottom: windowtext 1pt solid;" valign="bottom" colspan="2"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: center;" align="center"><b><font class="_mt" style="color: black;">Level 3</font></b></p> </td> <td style="border-right: medium none; padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; border-left: medium none; width: 6.55pt; padding-top: 0in; border-bottom: medium none;" valign="bottom" width="9"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: center;" align="center"> </p> </td> <td style="border-right: medium none; padding-right: 0in; border-top: medium none; padding-left: 0in; padding-bottom: 0in; border-left: medium none; padding-top: 0in; border-bottom: windowtext 1pt solid;" valign="bottom" colspan="2"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: center;" align="center"><b><font class="_mt" style="color: black;">Total</font></b></p> </td> <td style="padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; width: 6.55pt; padding-top: 0in;" valign="bottom" width="9"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: center;" align="center"> </p> </td> </tr> <tr style="height: 10.35pt;"> <td style="border-right: medium none; padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; border-left: medium none; width: 0.1in; padding-top: 0in; border-bottom: windowtext 1.5pt double; height: 10.35pt;" valign="bottom" width="10"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: center;" align="center"><b><font class="_mt" style="color: black;">$</font></b></p> </td> <td style="border-right: medium none; padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; border-left: medium none; width: 50.95pt; padding-top: 0in; border-bottom: windowtext 1.5pt double; height: 10.35pt;" valign="bottom" width="68"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: right;" align="right"><b><font class="_mt" style="color: black;">165</font></b></p> </td> <td style="padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; width: 6.55pt; padding-top: 0in; height: 10.35pt;" valign="bottom" width="9"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap;"> </p> </td> <td style="border-right: medium none; padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; border-left: medium none; width: 7.3pt; padding-top: 0in; border-bottom: windowtext 1.5pt double; height: 10.35pt;" valign="bottom" width="10"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: center;" align="center"><b><font class="_mt" style="color: black;">$</font></b></p> </td> <td style="border-right: medium none; padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; border-left: medium none; width: 50.95pt; padding-top: 0in; border-bottom: windowtext 1.5pt double; height: 10.35pt;" valign="bottom" width="68"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: right;" align="right"><font class="_mt" style="color: black;">-</font></p> </td> <td style="padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; width: 6.55pt; padding-top: 0in; height: 10.35pt;" valign="bottom" width="9"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap;"> </p> </td> <td style="border-right: medium none; padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; border-left: medium none; width: 7.3pt; padding-top: 0in; border-bottom: windowtext 1.5pt double; height: 10.35pt;" valign="bottom" width="10"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: center;" align="center"><b><font class="_mt" style="color: black;">$</font></b></p> </td> <td style="border-right: medium none; padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; border-left: medium none; width: 50.95pt; padding-top: 0in; border-bottom: windowtext 1.5pt double; height: 10.35pt;" valign="bottom" width="68"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: right;" align="right"><font class="_mt" style="color: black;">-</font></p> </td> <td style="padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; width: 6.55pt; padding-top: 0in; height: 10.35pt;" valign="bottom" width="9"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap;"> </p> </td> <td style="border-right: medium none; padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; border-left: medium none; width: 7.3pt; padding-top: 0in; border-bottom: windowtext 1.5pt double; height: 10.35pt;" valign="bottom" width="10"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: center;" align="center"><b><font class="_mt" style="color: black;">$</font></b></p> </td> <td style="border-right: medium none; padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; border-left: medium none; width: 50.95pt; padding-top: 0in; border-bottom: windowtext 1.5pt double; height: 10.35pt;" valign="bottom" width="68"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: right;" align="right"><b><font class="_mt" style="color: black;">165</font></b></p> </td> <td style="padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; width: 6.55pt; padding-top: 0in; height: 10.35pt;" valign="bottom" width="9"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap;"> </p> </td> </tr> <tr> <td style="border-right: medium none; border-top: 0px; border-left: medium none; border-bottom: medium none;" width="10"></td> <td style="border-right: medium none; border-top: 0px; border-left: medium none; border-bottom: medium none;" width="68"></td> <td style="border-right: medium none; border-top: 0px; border-left: medium none; border-bottom: medium none;" width="9"></td> <td style="border-right: medium none; border-top: 0px; border-left: medium none; border-bottom: medium none;" width="10"></td> <td style="border-right: medium none; border-top: 0px; border-left: medium none; border-bottom: medium none;" width="68"></td> <td style="border-right: medium none; border-top: 0px; border-left: medium none; border-bottom: medium none;" width="9"></td> <td style="border-right: medium none; border-top: 0px; border-left: medium none; border-bottom: medium none;" width="10"></td> <td style="border-right: medium none; border-top: 0px; border-left: medium none; border-bottom: medium none;" width="68"></td> <td style="border-right: medium none; border-top: 0px; border-left: medium none; border-bottom: medium none;" width="9"></td> <td style="border-right: medium none; border-top: 0px; border-left: medium none; border-bottom: medium none;" width="10"></td> <td style="border-right: medium none; border-top: 0px; border-left: medium none; border-bottom: medium none;" width="68"></td> <td style="border-right: medium none; border-top: 0px; border-left: medium none; border-bottom: medium none;" width="9"></td> </tr> </table> </div> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman';"><font class="_mt" style="color: black;"> </font></p> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman';"><b><i><font class="_mt" style="color: black;">Other Non-Financial Assets Measured on a Non-Recurring Basis</font></i></b></p> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman';"><font class="_mt" style="color: black;">Included in real estate and other on the Consolidated Statement of Operations for the third quarter of 2009 is a $12 million other-than-temporary impairment for two stores classified as held for use that had a carrying value of $17 million and a corporate asset classified as held for sale that had a carrying value of $6 million.<font class="_mt"> For stores, we review carrying amounts whenever events or changes in circumstances indicate that the carrying amounts may not be recoverable.<font class="_mt"> If the carrying amount is not recoverable, we record an impairment for the excess over fair value.<font class="_mt"> We determined fair value based on a projected discounted cash flow method using a discount rate that is considered commensurate with the risk inherent in our current business model, which reflects our own judgment, and is consistent with assumptions that market participants would use in pricing the asset. <font class="_mt"> For the corporate asset, we determined the fair value based on quoted prices for similar assets, corroborated by current market information<font class="_mt" style="color: black;">.<font class="_mt"> Our other non-financial assets and liabilities measured at fair value on a non-recurring basis were as follows:<font class="_mt"> </font></font></font></font></font></font></font></font></p> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman';"><font class="_mt" style="color: black;"> </font></p> <div align="center"> <table class="MsoNormalTable" style="font-size: 10pt; margin-left: 0px! important; font-family: 'Times New Roman'; border-collapse: separate;" cellspacing="0" cellpadding="0" border="0"> <tr style="height: 10.35pt;"> <td style="padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; width: 98.15pt; padding-top: 0in; height: 10.35pt;" valign="top" width="131"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: center;" align="center"> </p> </td> <td style="padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; width: 4.5pt; padding-top: 0in; height: 10.35pt;" valign="top" width="6"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: center;" align="center"> </p> </td> <td style="border-right: medium none; padding-right: 0in; border-top: medium none; padding-left: 0in; padding-bottom: 0in; border-left: medium none; padding-top: 0in; border-bottom: windowtext 1pt solid; height: 10.35pt;" valign="bottom" colspan="11"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: center;" align="center"><b><font class="_mt" style="color: black;">Other Non-Financial Assets at Fair Value as of Oct. 31, 2009</font></b></p> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: center;" align="center"><i><font class="_mt" style="color: black;">($ in millions)</font></i></p> </td> <td style="padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; width: 17.15pt; padding-top: 0in; height: 10.35pt;" valign="bottom" width="23"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap;"> </p> </td> </tr> <tr style="height: 10.35pt;"> <td style="padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; width: 98.15pt; padding-top: 0in; height: 10.35pt;" valign="top" width="131"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: center;" align="center"> </p> </td> <td style="padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; width: 4.5pt; padding-top: 0in; height: 10.35pt;" valign="top" width="6"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: center;" align="center"> </p> </td> <td style="border-right: medium none; padding-right: 0in; border-top: medium none; padding-left: 0in; padding-bottom: 0in; border-left: medium none; padding-top: 0in; border-bottom: windowtext 1pt solid; height: 10.35pt;" valign="bottom" colspan="2"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: center;" align="center"><b><font class="_mt" style="color: black;">Level 1</font></b></p> </td> <td style="border-right: medium none; padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; border-left: medium none; width: 9pt; padding-top: 0in; border-bottom: medium none; height: 10.35pt;" valign="bottom" width="12"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap;"> </p> </td> <td style="border-right: medium none; padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; border-left: medium none; padding-top: 0in; border-bottom: windowtext 1pt solid; height: 10.35pt;" valign="bottom" colspan="2"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: center;" align="center"><b><font class="_mt" style="color: black;">Level 2</font></b></p> </td> <td style="border-right: medium none; padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; border-left: medium none; width: 9pt; padding-top: 0in; border-bottom: medium none; height: 10.35pt;" valign="bottom" width="12"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap;"> </p> </td> <td style="border-right: medium none; padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; border-left: medium none; padding-top: 0in; border-bottom: windowtext 1pt solid; height: 10.35pt;" valign="bottom" colspan="2"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: center;" align="center"><b><font class="_mt" style="color: black;">Level 3</font></b></p> </td> <td style="border-right: medium none; padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; border-left: medium none; width: 9pt; padding-top: 0in; border-bottom: medium none; height: 10.35pt;" valign="bottom" width="12"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap;"> </p> </td> <td style="border-right: medium none; padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; border-left: medium none; padding-top: 0in; border-bottom: windowtext 1pt solid; height: 10.35pt;" valign="bottom" colspan="2"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: center;" align="center"><b><font class="_mt" style="color: black;">Total</font></b></p> </td> <td style="padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; width: 17.15pt; padding-top: 0in; height: 10.35pt;" valign="bottom" width="23"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap;"> </p> </td> </tr> <tr style="height: 10.35pt;"> <td style="padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; width: 98.15pt; padding-top: 0in; height: 10.35pt;" valign="top" width="131"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap;"><b><font class="_mt" style="color: black;">Stores</font></b></p> </td> <td style="padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; width: 4.5pt; padding-top: 0in; height: 10.35pt;" valign="top" width="6"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: center;" align="center"> </p> </td> <td style="border-right: medium none; padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; border-left: medium none; width: 9pt; padding-top: 0in; border-bottom: medium none; height: 10.35pt;" valign="bottom" width="12"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: center;" align="center"><b><font class="_mt" style="color: black;">$</font></b></p> </td> <td style="border-right: medium none; padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; border-left: medium none; width: 0.75in; padding-top: 0in; border-bottom: medium none; height: 10.35pt;" valign="bottom" width="72"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: right;" align="right"><b><font class="_mt" style="color: black;">-</font></b></p> </td> <td style="padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; width: 9pt; padding-top: 0in; height: 10.35pt;" valign="bottom" width="12"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap;"> </p> </td> <td style="padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; width: 9pt; padding-top: 0in; height: 10.35pt;" valign="bottom" width="12"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: center;" align="center"><b><font class="_mt" style="color: black;">$</font></b></p> </td> <td style="padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; width: 45pt; padding-top: 0in; height: 10.35pt;" valign="bottom" width="60"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: right;" align="right"><b><font class="_mt" style="color: black;">-</font></b></p> </td> <td style="padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; width: 9pt; padding-top: 0in; height: 10.35pt;" valign="bottom" width="12"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap;"> </p> </td> <td style="padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; width: 9pt; padding-top: 0in; height: 10.35pt;" valign="bottom" width="12"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: center;" align="center"><b><font class="_mt" style="color: black;">$</font></b></p> </td> <td style="padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; width: 58.5pt; padding-top: 0in; height: 10.35pt;" valign="bottom" width="78"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: right;" align="right"><b><font class="_mt" style="color: black;">7</font></b></p> </td> <td style="padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; width: 9pt; padding-top: 0in; height: 10.35pt;" valign="bottom" width="12"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap;"> </p> </td> <td style="padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; width: 9pt; padding-top: 0in; height: 10.35pt;" valign="bottom" width="12"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: center;" align="center"><b><font class="_mt" style="color: black;">$</font></b></p> </td> <td style="padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; width: 0.75in; padding-top: 0in; height: 10.35pt;" valign="bottom" width="72"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: right;" align="right"><b><font class="_mt" style="color: black;">7</font></b></p> </td> <td style="padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; width: 17.15pt; padding-top: 0in; height: 10.35pt;" valign="bottom" width="23"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap;"> </p> </td> </tr> <tr style="height: 10.35pt;"> <td style="padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; width: 98.15pt; padding-top: 0in; height: 10.35pt;" valign="top" width="131"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap;"><b><font class="_mt" style="color: black;">Other corporate asset</font></b></p> </td> <td style="padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; width: 4.5pt; padding-top: 0in; height: 10.35pt;" valign="top" width="6"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: center;" align="center"> </p> </td> <td style="padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; width: 9pt; padding-top: 0in; height: 10.35pt;" valign="bottom" width="12"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: center;" align="center"> </p> </td> <td style="padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; width: 0.75in; padding-top: 0in; height: 10.35pt;" valign="bottom" width="72"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: right;" align="right"><b><font class="_mt" style="color: black;">-</font></b></p> </td> <td style="padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; width: 9pt; padding-top: 0in; height: 10.35pt;" valign="bottom" width="12"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap;"> </p> </td> <td style="padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; width: 9pt; padding-top: 0in; height: 10.35pt;" valign="bottom" width="12"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: center;" align="center"> </p> </td> <td style="padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; width: 45pt; padding-top: 0in; height: 10.35pt;" valign="bottom" width="60"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: right;" align="right"><b><font class="_mt" style="color: black;">4</font></b></p> </td> <td style="padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; width: 9pt; padding-top: 0in; height: 10.35pt;" valign="bottom" width="12"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap;"> </p> </td> <td style="padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; width: 9pt; padding-top: 0in; height: 10.35pt;" valign="bottom" width="12"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: center;" align="center"> </p> </td> <td style="padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; width: 58.5pt; padding-top: 0in; height: 10.35pt;" valign="bottom" width="78"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: right;" align="right"><b><font class="_mt" style="color: black;">-</font></b></p> </td> <td style="padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; width: 9pt; padding-top: 0in; height: 10.35pt;" valign="bottom" width="12"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap;"> </p> </td> <td style="padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; width: 9pt; padding-top: 0in; height: 10.35pt;" valign="bottom" width="12"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: center;" align="center"> </p> </td> <td style="padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; width: 0.75in; padding-top: 0in; height: 10.35pt;" valign="bottom" width="72"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap; text-align: right;" align="right"><b><font class="_mt" style="color: black;">4</font></b></p> </td> <td style="padding-right: 0in; border-top: 0px; padding-left: 0in; padding-bottom: 0in; width: 17.15pt; padding-top: 0in; height: 10.35pt;" valign="bottom" width="23"> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; white-space: nowrap;"> </p> </td> </tr> </table> </div> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman';"><font class="_mt" style="color: black;"> </font></p> <p style="font-size: 12pt; margin: 0in 0in 0pt; font-family: 'Times New Roman';"><b><i><font class="_mt" style="font-size: 10pt;">Other Financial Instruments</font></i></b></p> <p style="font-size: 12pt; margin: 0in 0in 0pt; font-family: 'Times New Roman';"><font class="_mt" style="font-size: 10pt;">Our financial instruments include cash and cash equivalents and long-term debt.<font class="_mt"> The carrying amount of our cash and cash equivalents approximates fair value because of the short maturity of these instruments.<font class="_mt"> 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. <font class="_mt"> At October 31, 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 $3.2 billion.<font class="_mt"> 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. <font class="_mt"> </font></font></font></font></font></font></p> <p class="MsoNormal" style="font-size: 10pt; margin: 0in 0in 0pt; font-family: 'Times New Roman'; text-align: center;" align="center"><font class="_mt" style="color: black;"> </font></p> <!--EndFragment--><!-- body --></div> </div> <!-- body --></div> </div> <!-- body --></div> </div> <!-- body --></div> </div> <!-- body --></div> </div> <!-- body --></div> </div> <!-- body --></div> </div> <!-- body --></div> </div> <!-- body --></div> </div> <!-- body --></div> </div> <!-- body --></div> </div> <!-- body --></div> </div> <!-- body --></div> </div> <!-- body --></div> </div> <!-- body --></div> </div> <!-- body --></div> </div> <!-- body --></div> </div> <!-- body --></div> </div> <!-- body --></div> </div> <!-- body --></div> </div> <!-- body --></div> </div> <!-- body --></div> </div> <!-- body --></div> </div> <!-- body --></div> </div> <!-- body --></div> </div> <!-- body --></div> </div> <!-- body --></div> </div><!-- body --></div></div> </div>
Note 6 – Fair Value Disclosures Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability
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