Condensed Consolidating Financial Information (Tables)

3 Months Ended

12 Months Ended

Apr. 30, 2011

May 01, 2010

Jan. 29, 2011


	Parent		Subsidiary Issuer			Other Subsidiaries		Consolidating Adjustments			Consolidated

ASSETS:
Current Assets:
Cash and cash equivalents	$	753	$	37		$	362	$	0		$	1,152
Receivables		0		35			255		0			290
Merchandise inventories		0		2,738			2,421		0			5,159
Prepaid expenses and other current assets		0		94			219		0			313
Income taxes		4		0			0		(4	)		0

Total Current Assets		757		2,904			3,257		(4	)		6,914
Property and Equipment–net		0		4,908			3,728		0			8,636
Goodwill		0		3,315			428		0			3,743
Other Intangible Assets–net		0		176			452		0			628
Other Assets		4		80			412		0			496
Deferred Income Tax Assets		96		0			0		(96	)		0
Intercompany Receivable		2,045		0			2,565		(4,610	)		0
Investment in Subsidiaries		2,944		2,696			0		(5,640	)		0

Total Assets	$	5,846	$	14,079		$	10,842	$	(10,350	)	$	20,417

LIABILITIES AND SHAREHOLDERS' EQUITY:
Current Liabilities:
Short-term debt	$	0	$	738		$	3	$	0		$	741
Merchandise accounts payable		0		1,015			1,116		0			2,131
Accounts payable and accrued liabilities		101		891			1,194		0			2,186
Income taxes		0		35			37		(4	)		68
Deferred income taxes		0		277			76		0			353

Total Current Liabilities		101		2,956			2,426		(4	)		5,479
Long-Term Debt		0		6,315			28		0			6,343
Intercompany Payable		0		4,610			0		(4,610	)		0
Deferred Income Taxes		0		520			904		(96	)		1,328
Other Liabilities		57		648			874		0			1,579
Shareholders' Equity (Deficit)		5,688		(970	)		6,610		(5,640	)		5,688

Total Liabilities and Shareholders' Equity	$	5,846	$	14,079		$	10,842	$	(10,350	)	$	20,417


	Parent		Subsidiary Issuer			Other Subsidiaries		Consolidating Adjustments			Consolidated
ASSETS:
Current Assets:
Cash and cash equivalents	$	611	$	42		$	328	$	0		$	981
Receivables		0		40			233		0			273
Merchandise inventories		0		2,638			2,283		0			4,921
Prepaid expenses and other current assets		0		96			170		0			266
Deferred income tax assets		0		0			33		(33	)		0
Income tax receivable		39		0			0		(39	)		0

Total Current Assets		650		2,816			3,047		(72	)		6,441
Property and Equipment–net		0		5,250			4,044		0			9,294
Goodwill		0		3,315			428		0			3,743
Other Intangible Assets–net		0		208			460		0			668
Other Assets		4		125			361		0			490
Deferred Income Tax Assets		20		0			0		(20	)		0
Intercompany Receivable		1,664		0			2,467		(4,131	)		0
Investment in Subsidiaries		2,491		2,811			0		(5,302	)		0

Total Assets	$	4,829	$	14,525		$	10,807	$	(9,525	)	$	20,636

LIABILITIES AND SHAREHOLDERS' EQUITY:
Current Liabilities:
Short-term debt	$	0	$	682		$	3	$	0		$	685
Merchandise accounts payable		0		983			1,027		0			2,010
Accounts payable and accrued liabilities		84		981			1,062		0			2,127
Income taxes		0		17			77		(39	)		55
Deferred income taxes		0		258			0		(33	)		225

Total Current Liabilities		84		2,921			2,169		(72	)		5,102
Long-Term Debt		0		7,480			23		0			7,503
Intercompany Payable		0		4,131			0		(4,131	)		0
Deferred Income Taxes		0		435			694		(20	)		1,109
Other Liabilities		54		950			1,227		0			2,231
Shareholders' Equity (Deficit)		4,691		(1,392	)		6,694		(5,302	)		4,691

Total Liabilities and Shareholders' Equity	$	4,829	$	14,525		$	10,807	$	(9,525	)	$	20,636


	Parent		Subsidiary Issuer			Other Subsidiaries		Consolidating Adjustments			Consolidated
ASSETS:
Current Assets:
Cash and cash equivalents	$	1,174	$	41		$	249	$	0		$	1,464
Receivables		0		89			303		0			392
Merchandise inventories		0		2,589			2,169		0			4,758
Prepaid expenses and other current assets		0		98			187		0			285
Income taxes		0		0			0		0			0
Deferred income tax assets		0		0			0		0			0

Total Current Assets		1,174		2,817			2,908		0			6,899
Property and Equipment–net		0		5,013			3,800		0			8,813
Goodwill		0		3,315			428		0			3,743
Other Intangible Assets–net		0		184			453		0			637
Other Assets		4		133			402		0			539
Deferred Income Tax Assets		19		0			0		(19	)		0
Intercompany Receivable		1,651		0			2,738		(4,389	)		0
Investment in Subsidiaries		2,908		2,598			0		(5,506	)		0

Total Assets	$	5,756	$	14,060		$	10,729	$	(9,914	)	$	20,631

LIABILITIES AND SHAREHOLDERS' EQUITY:
Current Liabilities:
Short-term debt	$	0	$	451		$	3	$	0		$	454
Merchandise accounts payable		0		680			741		0			1,421
Accounts payable and accrued liabilities		144		1,069			1,431		0			2,644
Income taxes		29		18			135		0			182
Deferred income taxes		0		285			79		0			364

Total Current Liabilities		173		2,503			2,389		0			5,065
Long-Term Debt		0		6,942			29		0			6,971
Intercompany Payable		0		4,389			0		(4,389	)		0
Deferred Income Taxes		0		400			864		(19	)		1,245
Other Liabilities		53		748			1,019		0			1,820
Shareholders' Equity (Deficit)		5,530		(922	)		6,428		(5,506	)		5,530

Total Liabilities and Shareholders' Equity	$	5,756	$	14,060		$	10,729	$	(9,914	)	$	20,631


	Parent			Subsidiary Issuer			Other Subsidiaries			Consolidating Adjustments			Consolidated

Net sales	$	0		$	2,993		$	4,940		$	(2,044	)	$	5,889

Cost of sales		0			(1,923	)		(3,693	)		2,030			(3,586	)



Gross margin		0			1,070			1,247			(14	)		2,303

Selling, general and administrative expenses		(2	)		(1,105	)		(880	)		14			(1,973	)



Operating income (loss)		(2	)		(35	)		367			0			330

Interest (expense) income, net

External		0			(116	)		0			0			(116	)

Intercompany		0			(50	)		50			0			0

Equity in earnings of subsidiaries		132			92			0			(224	)		0



Income (loss) before income taxes		130			(109	)		417			(224	)		214

Federal, state and local income tax benefit (expense)		1			56			(140	)		0			(83	)



Net income (loss)	$	131		$	(53	)	$	277		$	(224	)	$	131


	Parent			Subsidiary Issuer			Other Subsidiaries			Consolidating Adjustments			Consolidated

Net sales	$	0		$	2,927		$	4,619		$	(1,972	)	$	5,574

Cost of sales		0			(1,861	)		(3,474	)		1,957			(3,378	)


Gross margin		0			1,066			1,145			(15	)		2,196

Selling, general and administrative expenses		(2	)		(1,074	)		(932	)		15			(1,993	)


Operating income (loss)		(2	)		(8	)		213			0			203

Interest (expense) income, net

External		0			(163	)		1			0			(162	)

Intercompany		0			(42	)		42			0			0

Equity in losses of subsidiaries		24			17			0			(41	)		0


Income (loss) before income taxes		22			(196	)		256			(41	)		41

Federal, state and local income tax benefit (expense)		1			62			(81	)		0			(18	)


Net income (loss)	$	23		$	(134	)	$	175		$	(41	)	$	23


	Parent			Subsidiary Issuer			Other Subsidiaries			Consolidating Adjustments			Consolidated
Cash flows from operating activities:
Net income (loss)	$	131		$	(53	)	$	277		$	(224	)	$	131
Equity in earnings of subsidiaries		(132	)		(92	)		0			224			0
Dividends received from subsidiaries		100			0			0			(100	)		0
Depreciation and amortization		0			129			139			0			268
(Increase) decrease in working capital		(33	)		76			(233	)		0			(190	)
Other, net		(73	)		38			(107	)		0			(142	)

Net cash provided (used) by operating activities		(7	)		98			76			(100	)		67

Cash flows from investing activities:
Purchase of property and equipment and capitalized software, net		0			(16	)		(74	)		0			(90	)
Other, net		0			37			(11	)		0			26

Net cash provided (used) by investing activities		0			21			(85	)		0			(64	)

Cash flows from financing activities:
Debt repaid		0			(335	)		0			0			(335	)
Dividends paid		(21	)		0			(100	)		100			(21	)
Issuance of common stock, net of common stock acquired		31			0			0			0			31
Intercompany activity, net		(381	)		214			167			0			0
Other, net		(43	)		(2	)		55			0			10

Net cash provided (used) by financing activities		(414	)		(123	)		122			100			(315	)

Net increase (decrease) in cash and cash equivalents		(421	)		(4	)		113			0			(312	)
Cash and cash equivalents at beginning of period		1,174			41			249			0			1,464


Cash and cash equivalents at end of period	$	753		$	37		$	362		$	0		$	1,152


	Parent			Subsidiary Issuer			Other Subsidiaries			Consolidating Adjustments			Consolidated
Cash flows from operating activities:
Net income (loss)	$	23		$	(134	)	$	175		$	(41	)	$	23
Equity in earnings from subsidiaries		(24	)		(17	)		0			41			0
Dividends received from subsidiaries		113			0			0			(113	)		0
Depreciation and amortization		0			142			145			0			287
(Increase) decrease in working capital		(32	)		(242	)		170			0			(104	)
Other, net		6			(299	)		(62	)		0			(355	)

Net cash provided (used) by operating activities		86			(550	)		428			(113	)		(149	)


Cash flows from investing activities:
Purchase of property and equipment and capitalized software, net		0			1			(60	)		0			(59	)
Other, net		0			0			15			0			15

Net cash provided (used) by investing activities		0			1			(45	)		0			(44	)


Cash flows from financing activities:
Debt repaid		0			(505	)		0			0			(505	)
Dividends paid		(21	)		0			(113	)		113			(21	)
Issuance of common stock, net of common stock acquired		13			0			0			0			13
Intercompany activity, net		(753	)		1,042			(289	)		0			0
Other, net		(32	)		(6	)		39			0			1

Net cash provided (used) by financing activities		(793	)		531			(363	)		113			(512	)


Net increase (decrease) in cash and cash equivalents		(707	)		(18	)		20			0			(705	)
Cash and cash equivalents at beginning of period		1,318			60			308			0			1,686

Cash and cash equivalents at end of period	$	611		$	42		$	328		$	0		$	981