|
Income Taxes
|
3 Months Ended |
|---|---|
|
May 04, 2013
|
|
| Income Tax Expense (Benefit) [Abstract] | |
| Income Taxes | Income Taxes The provision for income taxes is based on the current estimate of the annual effective tax rate and is adjusted as necessary for quarterly events. The Company’s quarterly effective tax rate does not reflect a benefit associated with losses related to certain foreign subsidiaries. For the first quarter of 2013, the Company’s effective tax rate was 39.3% as compared to 41.6% in the first quarter of 2012. The first quarter 2013 rate and first quarter 2012 rate were both higher than the Company's combined estimated federal and state rate of 39.0% primarily due to losses related to certain foreign subsidiaries. Income taxes paid were approximately $200 million and $188 million for the first quarter of 2013 and 2012, respectively. |