Annual report pursuant to Section 13 and 15(d)

Stockholders' Equity (Stock Warrant) (Details)

v3.6.0.2
Stockholders' Equity (Stock Warrant) (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
12 Months Ended
Jun. 13, 2011
Jan. 28, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Title of security warrants outstanding   On June 13, 2011, prior to his employment, we entered into a warrant purchase agreement with Ronald B. Johnson pursuant to which Mr. Johnson made a personal investment in the Company by purchasing a warrant to acquire approximately 7.3 million shares of J. C. Penney Company, Inc. common stock for a purchase price of approximately $50 million at a mutually determined fair value of $6.89 per share.
Reason for issuing warrants to nonemployees   personal investment in the Company
Warrant purchase agreement, Monte Carlo Simulation, methodology and assumptions   Valuation Method. The fair value of the stock warrant was determined on the date of the warrant purchase agreement using a Monte Carlo simulation method that reflected the impact of the key features of the warrant using different simulations and probability weighting. Expected Term. The expected term was determined based on the maturity determined period that both parties expect the warrant to be outstanding. Expected Volatility. The expected volatility was based on implied volatility. Risk-free Interest Rate. The risk-free interest rate was based on zero-coupon U.S. Treasury yields in effect at the date of the agreement with the same maturity as the expected warrant term. Expected Dividend Yield. The dividend assumption was based on expectations about the Company’s dividend policy.
Warrant [Member]    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Number of warrants sold 7.3  
Proceeds from sale of stock warrants $ 50  
Sale price of warrants (in dollars per share) $ 6.89  
Warrants, exercise price $ 29.92  
Date warrants are exercisable Jun. 13, 2017