Change in Accounting for Revenue Recognition and Retirement-Related Benefits (Tables)
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6 Months Ended |
Aug. 04, 2018 |
|---|
| New Accounting Pronouncements or Change in Accounting Principle [Line Items] |
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| Schedule of Prior Period Adjustments Made to Consolidated Statements of Operations [Table Text Block] |
Consolidated Statements of Operations | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | July 29, 2017 | | July 29, 2017 | ($ in millions, except per share data) | Previously Reported | | As Adjusted | | Effect of Change | | Previously Reported | | As Adjusted | | Effect of Change | Total net sales | $ | 2,962 |
| | $ | 2,985 |
| | $ | 23 |
| | $ | 5,668 |
| | $ | 5,686 |
| | $ | 18 |
| Credit income and other | — |
| | 83 |
| | 83 |
| | — |
| | 166 |
| | 166 |
| Cost of goods sold (exclusive of depreciation and amortization) | 1,923 |
| | 1,932 |
| | 9 |
| | 3,646 |
| | 3,657 |
| | 11 |
| Selling, general and administrative (SG&A) | 842 |
| | 935 |
| | 93 |
| | 1,685 |
| | 1,873 |
| | 188 |
| Pension | (4 | ) | | — |
| | 4 |
| | (6 | ) | | — |
| | 6 |
| Restructuring and management transition | 23 |
| | 23 |
| | — |
| | 243 |
| | 123 |
| | (120 | ) | Operating income/(loss) | 53 |
| | 53 |
| | — |
| | (52 | ) | | 47 |
| | 99 |
| Other components of net periodic pension cost/(income) | — |
| | (14 | ) | | (14 | ) | | — |
| | 92 |
| | 92 |
| Income/(loss) before income taxes | (61 | ) | | (47 | ) | | 14 |
| | (253 | ) | | (246 | ) | | 7 |
| Net income/(loss) | $ | (62 | ) | | $ | (48 | ) | | $ | 14 |
| | $ | (242 | ) | | $ | (235 | ) | | $ | 7 |
| Basic earnings/(loss) per common share | $ | (0.20 | ) | | $ | (0.15 | ) | | $ | 0.05 |
| | $ | (0.78 | ) | | $ | (0.76 | ) | | $ | 0.02 |
| Diluted earnings/(loss) per common share | $ | (0.20 | ) | | $ | (0.15 | ) | | $ | 0.05 |
| | $ | (0.78 | ) | | $ | (0.76 | ) | | $ | 0.02 |
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| Schedule of Prior Period Adjustments Made to Consolidated Statements of Comprehensive Income Loss [Table Text Block] |
Consolidated Statements of Comprehensive Income/(Loss) | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | July 29, 2017 | | July 29, 2017 | ($ in millions) | Previously Reported | | As Adjusted | | Effect of Change | | Previously Reported | | As Adjusted | | Effect of Change | Net income/(loss) | $ | (62 | ) | | $ | (48 | ) | | $ | 14 |
| | $ | (242 | ) | | $ | (235 | ) | | $ | 7 |
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| Schedule of Prior Period Adjustments Made to Consolidated Balance Sheet [Table Text Block] |
Consolidated Balance Sheets | | | | | | | | | | | | | | | | | | | | | | | | | | July 29, 2017 | | February 3, 2018 | ($ in millions) | Previously Reported | | As Adjusted | | Effect of Change | | Previously Reported | | As Adjusted | | Effect of Change | Merchandise inventory | $ | 2,777 |
| | $ | 2,820 |
| | $ | 43 |
| | $ | 2,762 |
| | $ | 2,803 |
| | $ | 41 |
| Other accounts payable and accrued expenses | 1,091 |
| | 1,121 |
| | 30 |
| | 1,119 |
| | 1,156 |
| | 37 |
| Reinvested earnings/(accumulated deficit) | (3,248 | ) | | (3,235 | ) | | 13 |
| | (3,122 | ) | | (3,118 | ) | | 4 |
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| Schedule of Prior Period Adjustments Made to Consolidated Statements of Cash Flows [Table Text Block] |
Consolidated Statements of Cash Flows | | | | | | | | | | | | | | Six Months Ended | | July 29, 2017 | ($ in millions) | Previously Reported | | As Adjusted | | Effect of Change | Cash flows from operating activities: | | | | | | Net income/(loss) | $ | (242 | ) | | $ | (235 | ) | | $ | 7 |
| Inventory | 77 |
| | 76 |
| | (1 | ) | Accrued expenses and other | (66 | ) | | (72 | ) | | (6 | ) |
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