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Supplemental Guarantor Financial Information Supplemental Guarantor Financial Information (Tables)
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12 Months Ended |
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Feb. 01, 2014
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Feb. 02, 2013
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Jan. 28, 2012
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| Supplemental Guarantor Financial Statements [Abstract] |
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| Condensed Balance Sheet [Table Text Block] |
L BRANDS, INC. CONDENSED CONSOLIDATING BALANCE SHEET (in millions) | | | | | | | | | | | | | | | | | | | | | | February 1, 2014 | | L Brands, Inc. | | Guarantor Subsidiaries | | Non-guarantor Subsidiaries | | Eliminations | | Consolidated L Brands, Inc. | ASSETS | | | | | | | | | | Current Assets: | | | | | | | | | | Cash and Cash Equivalents | $ | — |
| | $ | 1,353 |
| | $ | 166 |
| | $ | — |
| | $ | 1,519 |
| Accounts Receivable, Net | — |
| | 173 |
| | 71 |
| | — |
| | 244 |
| Inventories | — |
| | 966 |
| | 199 |
| | — |
| | 1,165 |
| Deferred Income Taxes | — |
| | 44 |
| | (16 | ) | | — |
| | 28 |
| Other | — |
| | 105 |
| | 89 |
| | — |
| | 194 |
| Total Current Assets | — |
| | 2,641 |
| | 509 |
| | — |
| | 3,150 |
| Property and Equipment, Net | — |
| | 1,197 |
| | 848 |
| | — |
| | 2,045 |
| Goodwill | — |
| | 1,318 |
| | — |
| | — |
| | 1,318 |
| Trade Names and Other Intangible Assets, Net | — |
| | 411 |
| | — |
| | — |
| | 411 |
| Net Investments in and Advances to/from Consolidated Affiliates | 4,468 |
| | 14,065 |
| | 1,099 |
| | (19,632 | ) | | — |
| Other Assets | 186 |
| | 19 |
| | 680 |
| | (611 | ) | | 274 |
| Total Assets | $ | 4,654 |
| | $ | 19,651 |
| | $ | 3,136 |
| | $ | (20,243 | ) | | $ | 7,198 |
| LIABILITIES AND EQUITY (DEFICIT) | | | | | | | | | | Current Liabilities: | | | | | | | | | | Accounts Payable | $ | 3 |
| | $ | 316 |
| | $ | 280 |
| | $ | — |
| | $ | 599 |
| Accrued Expenses and Other | 86 |
| | 410 |
| | 291 |
| | — |
| | 787 |
| Current Portion of Long-term Debt | 215 |
| | — |
| | — |
| | — |
| | 215 |
| Income Taxes | (1 | ) | | 176 |
| | 50 |
| | — |
| | 225 |
| Total Current Liabilities | 303 |
| | 902 |
| | 621 |
| | — |
| | 1,826 |
| Deferred Income Taxes | (4 | ) | | (27 | ) | | 241 |
| | — |
| | 210 |
| Long-term Debt | 4,761 |
| | 597 |
| | — |
| | (597 | ) | | 4,761 |
| Other Long-term Liabilities | 3 |
| | 581 |
| | 201 |
| | (15 | ) | | 770 |
| Total Equity (Deficit) | (409 | ) | | 17,598 |
| | 2,073 |
| | (19,631 | ) | | (369 | ) | Total Liabilities and Equity (Deficit) | $ | 4,654 |
| | $ | 19,651 |
| | $ | 3,136 |
| | $ | (20,243 | ) | | $ | 7,198 |
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L BRANDS, INC. CONDENSED CONSOLIDATING BALANCE SHEET (in millions) | | | | | | | | | | | | | | | | | | | | | | February 2, 2013 | | L Brands, Inc. | | Guarantor Subsidiaries | | Non-guarantor Subsidiaries | | Eliminations | | Consolidated L Brands, Inc. | ASSETS | | | | | | | | | | Current Assets: | | | | | | | | | | Cash and Cash Equivalents | $ | — |
| | $ | 417 |
| | $ | 356 |
| | $ | — |
| | $ | 773 |
| Accounts Receivable, Net | — |
| | 140 |
| | 63 |
| | — |
| | 203 |
| Inventories | — |
| | 847 |
| | 157 |
| | — |
| | 1,004 |
| Deferred Income Taxes | — |
| | 39 |
| | (10 | ) | | — |
| | 29 |
| Other | 2 |
| | 117 |
| | 77 |
| | — |
| | 196 |
| Total Current Assets | 2 |
| | 1,560 |
| | 643 |
| | — |
| | 2,205 |
| Property and Equipment, Net | — |
| | 1,001 |
| | 802 |
| | — |
| | 1,803 |
| Goodwill | — |
| | 1,318 |
| | — |
| | — |
| | 1,318 |
| Trade Names and Other Intangible Assets, Net | — |
| | 411 |
| | 1 |
| | — |
| | 412 |
| Net Investments in and Advances to/from Consolidated Affiliates | 3,348 |
| | 13,968 |
| | 624 |
| | (17,940 | ) | | — |
| Other Assets | 188 |
| | 8 |
| | 696 |
| | (611 | ) | | 281 |
| Total Assets | $ | 3,538 |
| | $ | 18,266 |
| | $ | 2,766 |
| | $ | (18,551 | ) | | $ | 6,019 |
| LIABILITIES AND EQUITY (DEFICIT) | | | | | | | | | | Current Liabilities: | | | | | | | | | | Accounts Payable | $ | — |
| | $ | 291 |
| | $ | 250 |
| | $ | — |
| | $ | 541 |
| Accrued Expenses and Other | 78 |
| | 425 |
| | 304 |
| | — |
| | 807 |
| Income Taxes | 1 |
| | 134 |
| | 55 |
| | — |
| | 190 |
| Total Current Liabilities | 79 |
| | 850 |
| | 609 |
| | — |
| | 1,538 |
| Deferred Income Taxes | (4 | ) | | (9 | ) | | 213 |
| | — |
| | 200 |
| Long-term Debt | 4,477 |
| | 597 |
| | — |
| | (597 | ) | | 4,477 |
| Other Long-term Liabilities | 4 |
| | 625 |
| | 204 |
| | (15 | ) | | 818 |
| Total Equity (Deficit) | (1,018 | ) | | 16,203 |
| | 1,740 |
| | (17,939 | ) | | (1,014 | ) | Total Liabilities and Equity (Deficit) | $ | 3,538 |
| | $ | 18,266 |
| | $ | 2,766 |
| | $ | (18,551 | ) | | $ | 6,019 |
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| Condensed Income Statement [Table Text Block] |
L BRANDS, INC. CONDENSED CONSOLIDATING STATEMENT OF INCOME (in millions) | | | | | | | | | | | | | | | | | | | | | | 2013 | | L Brands, Inc. | | Guarantor Subsidiaries | | Non-guarantor Subsidiaries | | Eliminations | | Consolidated L Brands, Inc. | Net Sales | $ | — |
| | $ | 9,878 |
| | $ | 3,441 |
| | $ | (2,546 | ) | | $ | 10,773 |
| Costs of Goods Sold, Buying and Occupancy | — |
| | (6,022 | ) | | (2,754 | ) | | 2,432 |
| | (6,344 | ) | Gross Profit | — |
| | 3,856 |
| | 687 |
| | (114 | ) | | 4,429 |
| General, Administrative and Store Operating Expenses | (5 | ) | | (2,369 | ) | | (428 | ) | | 116 |
| | (2,686 | ) | Operating Income (Loss) | (5 | ) | | 1,487 |
| | 259 |
| | 2 |
| | 1,743 |
| Interest Expense | (314 | ) | | (28 | ) | | (11 | ) | | 39 |
| | (314 | ) | Other Income (Loss) | — |
| | — |
| | 17 |
| | — |
| | 17 |
| Income (Loss) Before Income Taxes | (319 | ) | | 1,459 |
| | 265 |
| | 41 |
| | 1,446 |
| Provision (Benefit) for Income Taxes | — |
| | 305 |
| | 238 |
| | — |
| | 543 |
| Equity in Earnings, Net of Tax | 1,222 |
| | 179 |
| | 450 |
| | (1,851 | ) | | — |
| Net Income (Loss) | $ | 903 |
| | $ | 1,333 |
| | $ | 477 |
| | $ | (1,810 | ) | | $ | 903 |
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L BRANDS, INC. CONDENSED CONSOLIDATING STATEMENT OF INCOME (in millions) | | | | | | | | | | | | | | | | | | | | | | 2012 | | L Brands, Inc. | | Guarantor Subsidiaries | | Non-guarantor Subsidiaries | | Eliminations | | Consolidated
L Brands, Inc. | Net Sales | $ | — |
| | $ | 9,570 |
| | $ | 2,954 |
| | $ | (2,065 | ) | | $ | 10,459 |
| Costs of Goods Sold, Buying and Occupancy | — |
| | (5,578 | ) | | (2,464 | ) | | 1,969 |
| | (6,073 | ) | Gross Profit | — |
| | 3,992 |
| | 490 |
| | (96 | ) | | 4,386 |
| General, Administrative and Store Operating Expenses | (5 | ) | | (2,405 | ) | | (403 | ) | | 93 |
| | (2,720 | ) | Impairment of Goodwill and Other Intangible Assets | — |
| | — |
| | (93 | ) | | — |
| | (93 | ) | Operating Income (Loss) | (5 | ) | | 1,587 |
| | (6 | ) | | (3 | ) | | 1,573 |
| Interest Expense | (316 | ) | | (22 | ) | | (10 | ) | | 32 |
| | (316 | ) | Other Income (Loss) | — |
| | 1 |
| | 23 |
| | — |
| | 24 |
| Income (Loss) Before Income Taxes | (321 | ) | | 1,566 |
| | 7 |
| | 29 |
| | 1,281 |
| Provision (Benefit) for Income Taxes | — |
| | 359 |
| | 169 |
| | — |
| | 528 |
| Equity in Earnings, Net of Tax | 1,074 |
| | (125 | ) | | 432 |
| | (1,381 | ) | | — |
| Net Income (Loss) | $ | 753 |
| | $ | 1,082 |
| | $ | 270 |
| | $ | (1,352 | ) | | $ | 753 |
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L BRANDS, INC. CONDENSED CONSOLIDATING STATEMENT OF INCOME (in millions) | | | | | | | | | | | | | | | | | | | | | | 2011 | | L Brands, Inc. | | Guarantor Subsidiaries | | Non-guarantor Subsidiaries | | Eliminations | | Consolidated
L Brands, Inc. | Net Sales | $ | — |
| | $ | 9,570 |
| | $ | 3,334 |
| | $ | (2,540 | ) | | $ | 10,364 |
| Costs of Goods Sold, Buying and Occupancy | — |
| | (5,943 | ) | | (2,782 | ) | | 2,418 |
| | (6,307 | ) | Gross Profit | — |
| | 3,627 |
| | 552 |
| | (122 | ) | | 4,057 |
| General, Administrative and Store Operating Expenses | (5 | ) | | (2,297 | ) | | (517 | ) | | 121 |
| | (2,698 | ) | Impairment of Goodwill and Other Intangible Assets | — |
| | — |
| | (232 | ) | | — |
| | (232 | ) | Gain on Divestiture of Third-party Apparel Sourcing Business | — |
| | 6 |
| | 105 |
| | — |
| | 111 |
| Operating Income (Loss) | (5 | ) | | 1,336 |
| | (92 | ) | | (1 | ) | | 1,238 |
| Interest Expense | (245 | ) | | (25 | ) | | (12 | ) | | 36 |
| | (246 | ) | Other Income (Loss) | — |
| | 1 |
| | 234 |
| | — |
| | 235 |
| Income (Loss) Before Income Taxes | (250 | ) | | 1,312 |
| | 130 |
| | 35 |
| | 1,227 |
| Provision (Benefit) for Income Taxes | 2 |
| | 324 |
| | 51 |
| | — |
| | 377 |
| Equity in Earnings, Net of Tax | 1,102 |
| | 108 |
| | 217 |
| | (1,427 | ) | | — |
| Net Income (Loss) | $ | 850 |
| | $ | 1,096 |
| | $ | 296 |
| | $ | (1,392 | ) | | $ | 850 |
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| Condensed Comprehensive Income Statement [Table Text Block] |
L BRANDS, INC. CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (in millions) | | | | | | | | | | | | | | | | | | | | | | 2013 | | L Brands, Inc. | | Guarantor Subsidiaries | | Non-guarantor Subsidiaries | | Eliminations | | Consolidated
L Brands, Inc. | Net Income (Loss) | $ | 903 |
| | $ | 1,333 |
| | $ | 477 |
| | $ | (1,810 | ) | | $ | 903 |
| Other Comprehensive Income (Loss), Net of Tax: | | | | | | | | | | Reclassification of Cash Flow Hedges to Earnings | — |
| | — |
| | (50 | ) | | — |
| | (50 | ) | Foreign Currency Translation | — |
| | — |
| | 40 |
| | — |
| | 40 |
| Unrealized Gain (Loss) on Cash Flow Hedges | — |
| | — |
| | 46 |
| | — |
| | 46 |
| Total Other Comprehensive Income (Loss), Net of Tax | — |
| | — |
| | 36 |
| | — |
| | 36 |
| Total Comprehensive Income | $ | 903 |
| | $ | 1,333 |
| | $ | 513 |
| | $ | (1,810 | ) | | $ | 939 |
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L BRANDS, INC. CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (in millions) | | | | | | | | | | | | | | | | | | | | | | 2012 | | L Brands, Inc. | | Guarantor Subsidiaries | | Non-guarantor Subsidiaries | | Eliminations | | Consolidated
L Brands, Inc. | Net Income (Loss) | $ | 753 |
| | $ | 1,082 |
| | $ | 270 |
| | $ | (1,352 | ) | | $ | 753 |
| Other Comprehensive Income (Loss), Net of Tax: | | | | | | | | | | Reclassification of Cash Flow Hedges to Earnings | 2 |
| | — |
| | 3 |
| | — |
| | 5 |
| Foreign Currency Translation | — |
| | — |
| | (2 | ) | | — |
| | (2 | ) | Unrealized Gain (Loss) on Cash Flow Hedges | — |
| | — |
| | 1 |
| | — |
| | 1 |
| Total Other Comprehensive Income (Loss), Net of Tax | 2 |
| | — |
| | 2 |
| | — |
| | 4 |
| Total Comprehensive Income | $ | 755 |
| | $ | 1,082 |
| | $ | 272 |
| | $ | (1,352 | ) | | $ | 757 |
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L BRANDS, INC. CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (in millions) | | | | | | | | | | | | | | | | | | | | | | 2011 | | L Brands, Inc. | | Guarantor Subsidiaries | | Non-guarantor Subsidiaries | | Eliminations | | Consolidated
L Brands, Inc. | Net Income (Loss) | $ | 850 |
| | $ | 1,096 |
| | $ | 296 |
| | $ | (1,392 | ) | | $ | 850 |
| Other Comprehensive Income (Loss), Net of Tax: | | | | | | | | | | Reclassification of Cash Flow Hedges to Earnings | 3 |
| | — |
| | — |
| | — |
| | 3 |
| Foreign Currency Translation | — |
| | — |
| | (1 | ) | | — |
| | (1 | ) | Unrealized Gain (Loss) on Cash Flow Hedges | — |
| | — |
| | (3 | ) | | — |
| | (3 | ) | Total Other Comprehensive Income (Loss), Net of Tax | 3 |
| | — |
| | (4 | ) | | — |
| | (1 | ) | Total Comprehensive Income | $ | 853 |
| | $ | 1,096 |
| | $ | 292 |
| | $ | (1,392 | ) | | $ | 849 |
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| Condensed Cash Flow Statement [Table Text Block] |
L BRANDS, INC. CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS (in millions) | | | | | | | | | | | | | | | | | | | | | | 2013 | | L Brands, Inc. | | Guarantor Subsidiaries | | Non-guarantor Subsidiaries | | Eliminations | | Consolidated
L Brands, Inc. | Net Cash Provided by (Used for) Operating Activities | $ | (302 | ) | | $ | 1,267 |
| | $ | 283 |
| | $ | — |
| | $ | 1,248 |
| Investing Activities: | | | | | | | | | | Capital Expenditures | — |
| | (475 | ) | | (216 | ) | | — |
| | (691 | ) | Return of Capital from Third-party Apparel Sourcing Business Investment | — |
| | — |
| | 46 |
| | — |
| | 46 |
| Other Investing Activities | — |
| | — |
| | (10 | ) | | — |
| | (10 | ) | Net Cash Used for Investing Activities | — |
| | (475 | ) | | (180 | ) | | — |
| | (655 | ) | Financing Activities: | | | | | | | | | | Proceeds from Long-term Debt, Net of Issuance and Discount Costs | 495 |
| | — |
| | — |
| | — |
| | 495 |
| Borrowings from Revolving Facility | 290 |
| | — |
| | — |
| | — |
| | 290 |
| Repayments on Revolving Facility | (290 | ) | | — |
| | — |
| | — |
| | (290 | ) | Repurchase of Common Stock | (60 | ) | | — |
| | — |
| | — |
| | (60 | ) | Dividends Paid | (349 | ) | | — |
| | — |
| | — |
| | (349 | ) | Excess Tax Benefits from Share-based Compensation | — |
| | 31 |
| | 5 |
| | — |
| | 36 |
| Net Financing Activities and Advances to/from Consolidated Affiliates | 184 |
| | 113 |
| | (297 | ) | | — |
| | — |
| Proceeds From Exercise of Stock Options and Other | 32 |
| | — |
| | — |
| | — |
| | 32 |
| Net Cash Provided by (Used for) Financing Activities | 302 |
| | 144 |
| | (292 | ) | | — |
| | 154 |
| Effects of Exchange Rate Changes on Cash | — |
| | — |
| | (1 | ) | | — |
| | (1 | ) | Net Increase (Decrease) in Cash and Cash Equivalents | — |
| | 936 |
| | (190 | ) | | — |
| | 746 |
| Cash and Cash Equivalents, Beginning of Year | — |
| | 417 |
| | 356 |
| | — |
| | 773 |
| Cash and Cash Equivalents, End of Year | $ | — |
| | $ | 1,353 |
| | $ | 166 |
| | $ | — |
| | $ | 1,519 |
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L BRANDS, INC. CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS (in millions) | | | | | | | | | | | | | | | | | | | | | | 2012 | | L Brands, Inc. | | Guarantor Subsidiaries | | Non-guarantor Subsidiaries | | Eliminations | | Consolidated
L Brands, Inc. | Net Cash Provided by (Used for) Operating Activities | $ | (361 | ) | | $ | 1,342 |
| | $ | 370 |
| | $ | — |
| | $ | 1,351 |
| Investing Activities: | | | | | | | | | | Capital Expenditures | — |
| | (344 | ) | | (244 | ) | | — |
| | (588 | ) | Return of Capital from Third-party Apparel Sourcing Business Investment | — |
| | — |
| | 22 |
| | — |
| | 22 |
| Return of Capital from Easton Investments | — |
| | — |
| | 13 |
| | — |
| | 13 |
| Net Investments in Consolidated Affiliates | — |
| | 36 |
| | — |
| | (36 | ) | | — |
| Other Investing Activities | — |
| | 17 |
| | 5 |
| | — |
| | 22 |
| Net Cash Provided by (Used for) Investing Activities | — |
| | (291 | ) | | (204 | ) | | (36 | ) | | (531 | ) | Financing Activities: | | | | | | | | | | Proceeds from Long-term Debt, Net of Issuance and Discount Costs | 985 |
| | — |
| | — |
| | — |
| | 985 |
| Payments of Long-term Debt | (57 | ) | | — |
| | — |
| | — |
| | (57 | ) | Repurchase of Common Stock | (629 | ) | | — |
| | — |
| | — |
| | (629 | ) | Dividends Paid | (1,449 | ) | | — |
| | — |
| | — |
| | (1,449 | ) | Excess Tax Benefits from Share-based Compensation | — |
| | 95 |
| | 21 |
| | — |
| | 116 |
| Net Financing Activities and Advances to/from Consolidated Affiliates | 1,459 |
| | (1,100 | ) | | (395 | ) | | 36 |
| | — |
| Proceeds From Exercise of Stock Options and Other | 52 |
| | — |
| | — |
| | — |
| | 52 |
| Net Cash Provided by (Used for) Financing Activities | 361 |
| | (1,005 | ) | | (374 | ) | | 36 |
| | (982 | ) | Effects of Exchange Rate Changes on Cash | — |
| | — |
| | — |
| | — |
| | — |
| Net Increase (Decrease) in Cash and Cash Equivalents | — |
| | 46 |
| | (208 | ) | | — |
| | (162 | ) | Cash and Cash Equivalents, Beginning of Year | — |
| | 371 |
| | 564 |
| | — |
| | 935 |
| Cash and Cash Equivalents, End of Year | $ | — |
| | $ | 417 |
| | $ | 356 |
| | $ | — |
| | $ | 773 |
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L BRANDS, INC. CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS (in millions) | | | | | | | | | | | | | | | | | | | | | | 2011 | | L Brands, Inc. | | Guarantor Subsidiaries | | Non-guarantor Subsidiaries | | Eliminations | | Consolidated
L Brands, Inc. | Net Cash Provided by (Used for) Operating Activities | $ | (178 | ) | | $ | 1,225 |
| | $ | 219 |
| | $ | — |
| | $ | 1,266 |
| Investing Activities: | | | | | | | | | | Capital Expenditures | — |
| | (219 | ) | | (207 | ) | | — |
| | (426 | ) | Proceeds from Divestiture of Third-party Apparel Sourcing Business | — |
| | 78 |
| | 46 |
| | — |
| | 124 |
| Proceeds from Sale of Express Common Stock | — |
| | — |
| | 99 |
| | — |
| | 99 |
| Net Investments in Consolidated Affiliates | — |
| | (36 | ) | | — |
| | 36 |
| | — |
| Other Investing Activities | — |
| | — |
| | (23 | ) | | — |
| | (23 | ) | Net Cash Provided by (Used for) Investing Activities | — |
| | (177 | ) | | (85 | ) | | 36 |
| | (226 | ) | Financing Activities: | | | | | | | | | | Proceeds from Long-term Debt, Net of Issuance and Discount Costs | 981 |
| | — |
| | — |
| | — |
| | 981 |
| Financing Costs | (7 | ) | | — |
| | — |
| | — |
| | (7 | ) | Repurchase of Common Stock | (1,190 | ) | | — |
| | — |
| | — |
| | (1,190 | ) | Dividends Paid | (1,144 | ) | | — |
| | — |
| | — |
| | (1,144 | ) | Excess Tax Benefits from Share-based Compensation | — |
| | 39 |
| | 9 |
| | — |
| | 48 |
| Net Financing Activities and Advances to/from Consolidated Affiliates | 1,463 |
| | (1,417 | ) | | (10 | ) | | (36 | ) | | — |
| Proceeds From Exercise of Stock Options and Other | 75 |
| | — |
| | — |
| | — |
| | 75 |
| Net Cash Provided by (Used for) Financing Activities | 178 |
| | (1,378 | ) | | (1 | ) | | (36 | ) | | (1,237 | ) | Effects of Exchange Rate Changes on Cash | — |
| | — |
| | 2 |
| | — |
| | 2 |
| Net Increase (Decrease) in Cash and Cash Equivalents | — |
| | (330 | ) | | 135 |
| | — |
| | (195 | ) | Cash and Cash Equivalents, Beginning of Year | — |
| | 701 |
| | 429 |
| | — |
| | 1,130 |
| Cash and Cash Equivalents, End of Year | $ | — |
| | $ | 371 |
| | $ | 564 |
| | $ | — |
| | $ | 935 |
|
|