CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Aug. 01, 2015 |
Aug. 02, 2014 |
Aug. 01, 2015 |
Aug. 02, 2014 |
|
| Income Statement [Abstract] | ||||
| Total net sales | $ 2,875 | $ 2,799 | $ 5,732 | $ 5,600 |
| Cost of goods sold | 1,810 | 1,791 | 3,626 | 3,666 |
| Gross margin | 1,065 | 1,008 | 2,106 | 1,934 |
| Operating expenses/(income): | ||||
| Selling, general and administrative (SG&A) | 901 | 964 | 1,866 | 1,973 |
| Pension | 13 | 2 | 23 | 3 |
| Depreciation and amortization | 153 | 160 | 307 | 318 |
| Real estate and other, net | 19 | (53) | (16) | (70) |
| Restructuring and management transition | 17 | 5 | 39 | 27 |
| Total operating expenses | 1,103 | 1,078 | 2,219 | 2,251 |
| Operating income/(loss) | (38) | (70) | (113) | (317) |
| Net interest expense | 103 | 106 | 201 | 203 |
| Income/(loss) before income taxes | (141) | (176) | (314) | (520) |
| Income tax expense/(benefit) | (3) | (4) | (9) | 4 |
| Net income/(loss) | $ (138) | $ (172) | $ (305) | $ (524) |
| Earnings/(loss) per share: | ||||
| Basic (in dollars per share) | $ (0.45) | $ (0.56) | $ (1.00) | $ (1.72) |
| Diluted (in dollars per share) | $ (0.45) | $ (0.56) | $ (1.00) | $ (1.72) |
| Weighted average shares – basic | 305.9 | 305.2 | 305.7 | 305.1 |
| Weighted average shares – diluted | 305.9 | 305.2 | 305.7 | 305.1 |