|
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Millions, except Per Share data, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
|
Oct. 27, 2012
|
Oct. 29, 2011
|
Oct. 27, 2012
|
Oct. 29, 2011
|
|
| Consolidated Statements of Operations [Abstract] | ||||
| Total net sales | $ 2,927 | $ 3,986 | $ 9,101 | $ 11,835 |
| Cost of goods sold | 1,975 | 2,497 | 5,959 | 7,254 |
| Gross margin | 952 | 1,489 | 3,142 | 4,581 |
| Operating expenses/(income): | ||||
| Selling, general and administrative (SG&A) | 1,087 | 1,242 | 3,297 | 3,766 |
| Pension | 51 | 31 | 167 | 88 |
| Depreciation and amortization | 133 | 127 | 386 | 383 |
| Real estate and other, net | (197) | (5) | (412) | (24) |
| Restructuring and management transition | 34 | 265 | 269 | 297 |
| Total operating expenses | 1,108 | 1,660 | 3,707 | 4,510 |
| Operating income/(loss) | (156) | (171) | (565) | 71 |
| Net interest expense | 55 | 55 | 169 | 170 |
| Income/(loss) before income taxes | (211) | (226) | (734) | (99) |
| Income tax expense/(benefit) | (88) | (83) | (301) | (34) |
| Net income/(loss) | $ (123) | $ (143) | $ (433) | $ (65) |
| Earnings/(loss) per share: | ||||
| Basic | $ (0.56) | $ (0.67) | $ (1.98) | $ (0.30) |
| Diluted | $ (0.56) | $ (0.67) | $ (1.98) | $ (0.30) |
| Weighted average shares - basic | 219.4 | 213.3 | 219.1 | 218.6 |
| Weighted average shares - diluted | 219.4 | 213.3 | 219.1 | 218.6 |