Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidating Financial Information (Tables)

Condensed Consolidating Financial Information (Tables)

3 Months Ended

9 Months Ended

12 Months Ended

Oct. 29, 2011

Oct. 30, 2010

Oct. 29, 2011

Oct. 30, 2010

Jan. 29, 2011

Condensed Consolidating Financial Information [Abstract]

Condensed Consolidating Balance Sheet


	Parent		Subsidiary Issuer			Other Subsidiaries		Consolidating Adjustments			Consolidated
ASSETS:
Current Assets:
Cash and cash equivalents	$	779	$	34		$	284	$	0		$	1,097
Receivables		0		49			330		0			379
Merchandise inventories		0		3,781			3,377		0			7,158
Prepaid expenses and other current assets		0		102			215		0			317
Income taxes		44		0			0		(44	)		0

Total Current Assets		823		3,966			4,206		(44	)		8,951
Property and Equipment–net		0		4,812			3,611		0			8,423
Goodwill		0		3,315			428		0			3,743
Other Intangible Assets–net		0		161			447		0			608
Other Assets		4		92			442		0			538
Intercompany Receivable		2,176		0			2,955		(5,131	)		0
Investment in Subsidiaries		3,094		2,790			0		(5,884	)		0

Total Assets	$	6,097	$	15,136		$	12,089	$	(11,059	)	$	22,263

LIABILITIES AND SHAREHOLDERS' EQUITY:
Current Liabilities:
Short-term debt	$	0	$	802		$	3	$	0		$	805
Merchandise accounts payable		0		1,748			1,828		0			3,576
Accounts payable and accrued liabilities		211		959			1,313		0			2,483
Income taxes		0		30			80		(44	)		66
Deferred income taxes		0		279			65		0			344

Total Current Liabilities		211		3,818			3,289		(44	)		7,274
Long-Term Debt		0		6,125			26		0			6,151
Intercompany Payable		0		5,131			0		(5,131	)		0
Deferred Income Taxes		1		460			985		0			1,446
Other Liabilities		33		616			891		0			1,540
Shareholders' Equity (Deficit)		5,852		(1,014	)		6,898		(5,884	)		5,852

Total Liabilities and Shareholders' Equity	$	6,097	$	15,136		$	12,089	$	(11,059	)	$	22,263


	Parent		Subsidiary Issuer			Other Subsidiaries		Consolidating Adjustments			Consolidated
ASSETS:
Current Assets:
Cash and cash equivalents	$	427	$	36		$	252	$	0		$	715
Receivables		0		33			270		0			303
Merchandise inventories		0		3,490			3,040		0			6,530
Prepaid expenses and other current assets		0		93			196		0			289
Income taxes		95		0			0		(95	)		0
Deferred income tax assets		4		0			0		(4	)		0

Total Current Assets		526		3,652			3,758		(99	)		7,837
Property and Equipment–net		0		5,043			3,872		0			8,915
Goodwill		0		3,315			428		0			3,743
Other Intangible Assets–net		0		192			455		0			647
Other Assets		4		120			416		0			540
Deferred Income Tax Assets		15		0			0		(15	)		0
Intercompany Receivable		2,112		0			2,930		(5,042	)		0
Investment in Subsidiaries		2,495		2,892			0		(5,387	)		0

Total Assets	$	5,152	$	15,214		$	11,859	$	(10,543	)	$	21,682

LIABILITIES AND SHAREHOLDERS' EQUITY:
Current Liabilities:
Short-term debt	$	0	$	602		$	3	$	0		$	605
Merchandise accounts payable		0		1,572			1,593		0			3,165
Accounts payable and accrued liabilities		256		1,005			1,117		0			2,378
Income taxes		0		15			88		(95	)		8
Deferred income taxes		0		297			41		(4	)		334

Total Current Liabilities		256		3,491			2,842		(99	)		6,490
Long-Term Debt		0		6,953			29		0			6,982
Intercompany Payable		0		5,042			0		(5,042	)		0
Deferred Income Taxes		0		314			830		(15	)		1,129
Other Liabilities		53		949			1,236		0			2,238
Shareholders' Equity (Deficit)		4,843		(1,535	)		6,922		(5,387	)		4,843

Total Liabilities and Shareholders' Equity	$	5,152	$	15,214		$	11,859	$	(10,543	)	$	21,682


	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

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

Condensed Consolidating Statement Of Operations


	Parent			Subsidiary Issuer			Other Subsidiaries			Consolidating Adjustments			Consolidated
Net sales	$	0		$	2,941		$	5,733		$	(2,821	)	$	5,853

Cost of sales		0			(1,899	)		(4,452	)		2,807			(3,544	)


Gross margin		0			1,042			1,281			(14	)		2,309

Selling, general and administrative expenses		11			(1,174	)		(869	)		14			(2,018	)


Operating income (loss)		11			(132	)		412			0			291

Interest (expense) income, net

External		0			(108	)		0			0			(108	)

Intercompany		(1	)		(47	)		48			0			0

Equity in earnings of subsidiaries		132			21			0			(153	)		0


Income (loss) before income taxes		142			(266	)		460			(153	)		183

Federal, state and local income tax benefit (expense)		(3	)		101			(142	)		0			(44	)


Net income (loss)	$	139		$	(165	)	$	318		$	(153	)	$	139


	Parent			Subsidiary Issuer			Other Subsidiaries			Consolidating Adjustments			Consolidated

Net sales	$	0		$	2,906		$	5,292		$	(2,575	)	$	5,623

Cost of sales		0			(1,843	)		(4,094	)		2,560			(3,377	)



Gross margin		0			1,063			1,198			(15	)		2,246

Selling, general and administrative expenses		(2	)		(1,156	)		(926	)		15			(2,069	)



Operating income (loss)		(2	)		(93	)		272			0			177

Interest (expense) income, net

External		0			(162	)		(2	)		0			(164	)

Intercompany		0			(41	)		41			0			0

Equity in earnings of subsidiaries		11			7			0			(18	)		0



Income before income taxes		9			(289	)		311			(18	)		13

Federal, state and local income tax benefit (expense)		1			90			(94	)		0			(3	)



Net income (loss)	$	10		$	(199	)	$	217		$	(18	)	$	10


	Parent			Subsidiary Issuer			Other Subsidiaries			Consolidating Adjustments			Consolidated
Net sales	$	0		$	8,967		$	15,188		$	(6,474	)	$	17,681

Cost of sales		0			(5,614	)		(11,406	)		6,433			(10,587	)


Gross margin		0			3,353			3,782			(41	)		7,094

Selling, general and administrative expenses		7			(3,303	)		(2,712	)		41			(5,967	)


Operating income		7			50			1,070			0			1,127

Interest (expense) income, net

External		1			(336	)		0			0			(335	)

Intercompany		(1	)		(144	)		145			0			0

Equity in earnings of subsidiaries		506			175			0			(681	)		0


Income (loss) before income taxes		513			(255	)		1,215			(681	)		792

Federal, state and local income tax benefit (expense)		(2	)		132			(411	)		0			(281	)


Net income (loss)	$	511		$	(123	)	$	804		$	(681	)	$	511


	Parent			Subsidiary Issuer			Other Subsidiaries			Consolidating Adjustments			Consolidated

Net sales	$	0		$	8,742		$	14,071		$	(6,079	)	$	16,734

Cost of sales		0			(5,411	)		(10,594	)		6,036			(9,969	)



Gross margin		0			3,331			3,477			(43	)		6,765

Selling, general and administrative expenses		(6	)		(3,304	)		(2,748	)		43			(6,015	)



Operating income (loss)		(6	)		27			729			0			750

Interest (expense) income, net

External		1			(456	)		(1	)		0			(456	)

Intercompany		(1	)		(125	)		126			0			0

Equity in earnings of subsidiaries		184			92			0			(276	)		0



Income (loss) before income taxes		178			(462	)		854			(276	)		294

Federal, state and local income tax benefit (expense)		2			166			(282	)		0			(114	)



Net income (loss)	$	180		$	(296	)	$	572		$	(276	)	$	180

Condensed Consolidating Statement Of Cash Flows


	Parent			Subsidiary Issuer			Other Subsidiaries			Consolidating Adjustments			Consolidated
Cash flows from operating activities:
Net income (loss)	$	511		$	(123	)	$	804		$	(681	)	$	511
Equity in earnings of subsidiaries		(506	)		(175	)		0			681			0
Dividends received from subsidiaries		352			0			0			(352	)		0
Depreciation and amortization		0			390			428			0			818
Increase in working capital		(73	)		(213	)		(432	)		0			(718	)
Other, net		1			23			(8	)		0			16

Net cash provided (used) by operating activities		285			(98	)		792			(352	)		627

Cash flows from investing activities:
Purchase of property and equipment and capitalized software, net		0			(194	)		(278	)		0			(472	)
Other, net		0			38			(38	)		0			0

Net cash used by investing activities		0			(156	)		(316	)		0			(472	)

Cash flows from financing activities:
Debt repaid		0			(449	)		(2	)		0			(451	)
Dividends paid		(106	)		0			(352	)		352			(106	)
Acquisition of common stock, net of common stock issued		(97	)		0			0			0			(97	)
Intercompany activity, net		(488	)		705			(217	)		0			0
Other, net		11			(9	)		130			0			132

Net cash provided (used) by financing activities		(680	)		247			(441	)		352			(522	)

Net increase (decrease) in cash and cash equivalents		(395	)		(7	)		35			0			(367	)
Cash and cash equivalents at beginning of period		1,174			41			249			0			1,464

Cash and cash equivalents at end of period	$	779		$	34		$	284		$	0		$	1,097


	Parent			Subsidiary Issuer			Other Subsidiaries			Consolidating Adjustments			Consolidated
Cash flows from operating activities:
Net income (loss)	$	180		$	(296	)	$	572		$	(276	)	$	180
Equity in earnings from subsidiaries		(184	)		(92	)		0			276			0
Dividends received from subsidiaries		289			0			0			(289	)		0
Depreciation and amortization		0			427			438			0			865
(Increase) decrease in working capital		(86	)		(474	)		93			0			(467	)
Other, net		8			(379	)		139			0			(232	)

Net cash provided (used) by operating activities		207			(814	)		1,242			(289	)		346


Cash flows from investing activities:
Purchase of property and equipment and capitalized software, net		0			(51	)		(185	)		0			(236	)
Other, net		0			0			(49	)		0			(49	)

Net cash used by investing activities		0			(51	)		(234	)		0			(285	)


Cash flows from financing activities:
Debt repaid		0			(1,088	)		(2	)		0			(1,090	)
Dividends paid		(63	)		0			(289	)		289			(63	)
Issuance of common stock, net of common stock acquired		29			0			0			0			29
Intercompany activity, net		(1,182	)		1,945			(763	)		0			0
Other, net		118			(16	)		(10	)		0			92

Net cash provided (used) by financing activities		(1,098	)		841			(1,064	)		289			(1,032	)

Net decrease in cash and cash equivalents		(891	)		(24	)		(56	)		0			(971	)
Cash and cash equivalents at beginning of period		1,318			60			308			0			1,686

Cash and cash equivalents at end of period	$	427		$	36		$	252		$	0		$	715