Annual report pursuant to Section 13 and 15(d)

Accounts Payable and Accrued Liabilities

Accounts Payable and Accrued Liabilities

12 Months Ended

Jan. 30, 2016

Accounts Payable and Accrued Liabilities, Current [Abstract]

Accounts Payable and Accrued Liabilities



	January 30, 2016		January 31, 2015
	(millions)
Accounts payable	$	814	$	833
Gift cards and customer rewards	920		907
Current portion of post employment and postretirement benefits	257		190
Taxes other than income taxes	184		187
Lease related liabilities	165		155
Accrued wages and vacation	153		193
Current portion of workers’ compensation and general liability reserves	127		128
Severance and relocation	123		46
Allowance for future sales returns	112		93
Accrued interest	88		93
Other	390		284
	$	3,333	$	3,109

Adjustments to the allowance for future sales returns, which amounted to charges of $19 million, $8 million and $4 million for 2015, 2014 and 2013, respectively, are reflected in cost of sales.

Changes in workers’ compensation and general liability reserves, including the current portion, are as follows:



	2015			2014			2013
	(millions)
Balance, beginning of year	$	505		$	497		$	497
Charged to costs and expenses	159			160			147
Payments, net of recoveries	(156		)	(152		)	(147		)
Balance, end of year	$	508		$	505		$	497

The non-current portion of workers’ compensation and general liability reserves is included in other liabilities on the Consolidated Balance Sheets. At January 30, 2016 and January 31, 2015, workers’ compensation and general liability reserves included $107 million of liabilities which are covered by deposits and receivables included in current assets on the Consolidated Balance Sheets.