Annual report pursuant to Section 13 and 15(d)

Significant Accounting Policies Significant Accounting Policies (Stock-Based Compensation) (Details)

v3.20.1
Significant Accounting Policies Significant Accounting Policies (Stock-Based Compensation) (Details)
12 Months Ended
Feb. 01, 2020
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]  
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Method Used Valuation Method. We estimate the fair value of stock option awards on the date of grant using primarily the Black-Scholes option pricing model. Expected Term. Our expected option term represents the average period that we expect stock options to be outstanding and is determined based on our historical experience, giving consideration to contractual terms, vesting schedules, anticipated stock prices and expected future behavior of option holders. Expected Volatility. Our expected volatility is based on a blend of the historical volatility of JCPenney stock combined with an estimate of the implied volatility derived from exchange traded options. Risk-Free Interest Rate. Our risk-free interest rate is based on zero-coupon U.S. Treasury yields in effect at the date of grant with the same period as the expected option life. Expected Dividend Yield. The dividend assumption is based on our current expectations about our dividend policy.
Share-based Compensation Arrangement by Share-based Payment Award, Description Stock options are valued primarily using the Black-Scholes option pricing model and are granted with an exercise price equal to the closing price of our common stock on the grant date. Time-based and performance-based restricted stock awards are valued using the closing price of our common stock on the grant date. Our current plan does not permit awarding stock options below grant-date market value nor does it allow any repricing subsequent to the date of grant.
Maximum [Member]  
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]  
Lessee, Lease term of twelve months or less Right-of-use asset and Lease liability not recognized 12 months