Annual report pursuant to Section 13 and 15(d)

Restructuring and Management Transition

v3.6.0.2
Restructuring and Management Transition
12 Months Ended
Jan. 28, 2017
Restructuring and Related Activities [Abstract]  
Restructuring and Management Transition
Restructuring and Management Transition
The components of Restructuring and management transition include:
Home office and stores -- charges for actions to reduce our store and home office expenses including employee termination benefits, store lease termination and impairment charges;
Management transition -- charges related to implementing changes within our management leadership team for both incoming and outgoing members of management; and
Other -- charges related primarily to contract termination costs and other costs associated with our previous shops strategy.
 
The composition of restructuring and management transition charges was as follows:    
 
 
 
 
 
 
 
 
Cumulative Amount From Program Inception Through
($ in millions)
 
2016
 
2015
 
2014
 
2016
Home office and stores
 
$
8

 
$
42

 
$
45

 
$
297

Management transition
 
3

 
28

 
16

 
255

Other
 
15

 
14

 
26

 
178

Total
 
$
26

 
$
84

 
$
87

 
$
730


 
Activity for the restructuring and management transition liability for 2016 and 2015 was as follows:
($ in millions)
 
Home Office and Stores
 
Management Transition
 
Other
 
Total
January 31, 2015
 
$
9

 
$

 
$
17

 
$
26

Charges
 
42

 
28

 
14

 
84

Cash payments
 
(33
)
 
(9
)
 
(7
)
 
(49
)
Non-cash
 

 
(9
)
 
(1
)
 
(10
)
January 30, 2016
 
18

 
10

 
23

 
51

Charges
 
8

 
3

 
15

 
26

Cash payments
 
(23
)
 
(13
)
 
(11
)
 
(47
)
Non-cash
 
1

 

 

 
1

January 28, 2017
 
$
4

 
$

 
$
27

 
$
31



Non-cash amounts represent charges that do not result in cash expenditures including increased depreciation and write-off of store fixtures and stock-based compensation.