Annual report pursuant to Section 13 and 15(d)

Stock-Based Compensation (Narrative) (Details)

v2.4.0.6
Stock-Based Compensation (Narrative) (Details)
In Millions, unless otherwise specified
12 Months Ended
Jan. 28, 2012
Stock-Based Compensation  
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant 8
Share-based Compensation Arrangement by Share-based Payment Award, Description The J. C. Penney Company, Inc. 2009 Long-Term Incentive Plan (2009 Plan) was approved by our stockholders in May 2009 and allows for grants of stock options, stock appreciation rights and stock awards (collectively, Equity Awards) and cash incentive awards (together, Awards) to employees (associates) and Equity Awards to our non-employee members of the Board of Directors. Under the 2009 Plan, Awards to associates are subject to such conditions as continued employment, qualifying termination, passage of time and/or satisfaction of performance criteria as specified in the 2009 Plan or set by the Human Resources and Compensation Committee of the Board.
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period, Minimum one
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period, Maximum three
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Date 10
Share-based Compensation Arrangement by Share-based Payment Award, Terms of Award The exercise price of stock options and the market value of restricted stock awards are determined based on the closing market price of our common stock on the date of grant. The 2009 Plan does not permit awarding stock options below grant-date market value nor does it allow any repricing subsequent to the date of grant.
Share-Based Compensation, Options and Awards, Average of Total Outstanding Stock 2.40%