Share-based Compensation (Tables)
 12 Months Ended
Feb. 01, 2014
Share-based Compensation [Abstract]  
Stock Option Activity
The following table provides the Company’s stock option activity for the fiscal year ended February 1, 2014:
 
Number of
Shares
 
Weighted
Average
Option
Price Per
Share
 
Weighted
Average
Remaining
Contractual
Life
 
Aggregate
Intrinsic
Value
 
(in thousands)
 
 
 
(in years)
 
(in thousands)
Outstanding as of February 2, 2013
7,035

 
$
23.16

 
 
 
 
Granted
1,286

 
45.38

 
 
 
 
Exercised
(1,928
)
 
17.07

 
 
 
 
Cancelled
(189
)
 
40.36

 
 
 
 
Outstanding as of February 1, 2014
6,204

 
$
29.14

 
6.32
 
$
144,078

Vested and Expected to Vest as of February 1, 2014 (a)
6,004

 
28.67

 
6.24
 
142,246

Options Exercisable as of February 1, 2014
3,232

 
18.23

 
4.39
 
110,323

 ________________
(a)
The number of options expected to vest includes an estimate of expected forfeitures.
Weighted-Average Assumptions
The following table contains the weighted-average assumptions used during 2013, 2012 and 2011:
 
2013
 
2012
 
2011
Expected Volatility
35
%
 
47
%
 
48
%
Risk-free Interest Rate
0.8
%
 
1.0
%
 
1.9
%
Dividend Yield
3.4
%
 
2.7
%
 
4.1
%
Expected Life (in years)
4.7

 
4.8

 
5.0
Restricted Stock Activity
The following table provides the Company’s restricted stock activity for the fiscal year ended February 1, 2014:
 
Number of
Shares
 
Weighted
Average
Grant Date
Fair Value
 
(in thousands)
 
 
Unvested as of February 2, 2013
8,094

 
$
28.13

Granted
2,004

 
42.56

Vested
(2,276
)
 
17.79

Cancelled
(427
)
 
35.31

Unvested as of February 1, 2014
7,395

 
34.82


 
Share-Based Compensation Expense
The following table provides share-based compensation expense included in the Consolidated Statements of Income for 2013, 2012 and 2011:
 
2013
 
2012
 
2011
 
(in millions)
Costs of Goods Sold, Buying and Occupancy
$
22

 
$
19

 
$
14

General, Administrative and Store Operating Expenses
63

 
54

 
37

Total Share-based Compensation Expense
$
85

 
$
73

 
$
51