Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity (Tables)

v2.4.0.8
Stockholders' Equity (Tables)
9 Months Ended
Nov. 02, 2013
Stockholders' Equity Note [Abstract]  
Schedule of Stockholders Equity [Table Text Block]
(in millions)
Number
of
Common
Shares
 
Common
Stock
 
Additional
Paid-in
Capital
 
Reinvested
Earnings/
(Accumulated
Deficit)
 
Accumulated
Other
Comprehensive
Income/(Loss)
 
Total
Stockholders’
Equity
February 2, 2013
219.3

 
$
110

 
$
3,799

 
$
380

 
$
(1,118
)
 
$
3,171

Net income/(loss)

 

 

 
$
(1,423
)
 

 
$
(1,423
)
Other comprehensive income/(loss)

 

 

 

 
80

 
$
80

Common stock issued
84.0

 
42

 
744

 

 

 
786

Stock-based compensation
1.3

 
1

 
32

 

 

 
33

November 2, 2013
304.6

 
$
153

 
$
4,575

 
$
(1,043
)
 
$
(1,038
)
 
$
2,647

Schedule of Comprehensive Income (Loss) [Table Text Block]
 
Three Months Ended
 
November 2, 2013
 
October 27, 2012
($ in millions)
Gross
Amount
 
Income
Tax
(Expense)/
Benefit
 
Net
Amount
 
Gross
Amount
 
Income
Tax
(Expense)/
Benefit
 
Net
Amount
REITs
 
 
 
 
 
 
 
 
 
 
 
Unrealized gain/(loss)
$
(1
)
 
$
1

 
$

 
$
1

  
$

 
$
1

Reclassification adjustment for realized (gain)/loss

 

 

 
(15
)
 
5

 
(10
)
Retirement benefit plans
 
 
 
 
 
 
 
 
 
 
 
Net actuarial gain/(loss) arising during the period

 

 

 
(125
)
 
50

 
(75
)
Reclassification of net prior service (credit)/cost from a curtailment

 

 

 
(5
)
 
2

 
(3
)
Reclassification for amortization of net actuarial loss/(gain)
43

 
(17
)
 
26

 
61

  
(24
)
 
37

Reclassification for amortization of prior service cost/(credit)
(1
)
 
1

 

 
(4
)
 
2

 
(2
)
Total
$
41

 
$
(15
)
 
$
26

 
$
(87
)
 
$
35

 
$
(52
)
 
 
Nine Months Ended
 
November 2, 2013
 
October 27, 2012
($ in millions)
Gross
Amount
 
Income
Tax
(Expense)/
Benefit
 
Net
Amount
 
Gross
Amount
 
Income
Tax
(Expense)/
Benefit
 
Net
Amount
REITs
 
 
 
 
 
 
 
 
 
 
 
Unrealized gain/(loss)
$
(1
)
 
$
1

 
$

 
$
52

  
$
(18
)
 
$
34

Reclassification adjustment for realized (gain)/loss

 

 

 
(285
)
(1)  
101

 
(184
)
Retirement benefit plans
 
 
 
 
 
 
 
 
 
 
 
Net actuarial gain/(loss) arising during the period

 

 

 
(125
)
 
50

 
(75
)
Reclassification of net prior service (credit)/cost from a curtailment

 

 

 
(5
)
 
2

 
(3
)
Reclassification for amortization of net actuarial loss/(gain)
131

 
(50
)
 
81

 
188

 
(74
)
 
114

Reclassification for amortization of prior service cost/(credit)
(2
)
 
1

 
(1
)
 
(11
)
 
5

 
(6
)
Total
$
128

 
$
(48
)
 
$
80

 
$
(186
)
 
$
66

 
$
(120
)
(1)
During the second quarter of 2012, the reclassification adjustment for the Simon Property Group, L.P. (SPG) units of $270 million was calculated by using the closing fair market value per SPG unit of $158.13 on July 19, 2012 for the two million REIT units that were redeemed on July 20, 2012. The REIT units were redeemed at a price of $124.00 per unit (see Note 10).
Schedule of Accumulated Other Comprehensive (Loss)/Income [Table Text Block]
($ in millions)
Unrealized
Gain/(Loss)
on REITs
 
Net Actuarial
Gain/(Loss)
 
Prior Service
Credit/(Cost)
 
Accumulated
Other
Comprehensive
Income/(Loss)
February 2, 2013
$
17

 
$
(1,121
)
 
$
(14
)
 
$
(1,118
)
Other comprehensive income/(loss) before reclassifications

 

 

 

Amounts reclassified from accumulated other comprehensive income

 
81

 
(1
)
 
80

Net current-period other comprehensive income

 
81

 
(1
)
 
80

November 2, 2013
$
17

 
$
(1,040
)
 
$
(15
)
 
$
(1,038
)
Schedule Of Reclassifications Out Of Accumulated Other Comprehensive Income [Table Text Block]
 
Amount Reclassified from Accumulated Other
Comprehensive Income/(Loss)
 
Line Item in the
Unaudited Interim Consolidated
Statements of Operations
 
Three Months Ended
 
Nine Months Ended
 
($ in millions)
November 2,
2013
 
October 27,
2012
 
November 2,
2013
 
October 27,
2012
 
Realized (gain)/loss on REITs
 
 
 
 
 
 
 
 
 
Redemption of SPG REIT units
$

 
$

 
$

 
$
(270
)
 
Real estate and other, net
Sale of CBL REIT shares

 
(15
)
 

 
(15
)
 
Real estate and other, net
Tax (expense)/benefit

 
5

 

 
101

 
Income tax expense/(benefit)
Total, net of tax

 
(10
)
 

 
(184
)
 
 
Amortization of retirement benefit plans
 
 
 
 
 
 
 
 
 
Actuarial loss/(gain)(1)
44

 
61

 
132

 
188

 
Pension
Prior service cost/(credit)(1)
1

 

 
4

 

 
Pension
Actuarial loss/(gain)(1)
(1
)
 

 
(1
)
 

 
SG&A
Prior service cost/(credit)(1)
(2
)
 
(4
)
 
(6
)
 
(11
)
 
SG&A
Prior service (credit)/cost from a curtailment

 
(5
)
 

 
(5
)
 
Restructuring and management transition
Tax (expense)/benefit
(16
)
 
(20
)
 
(49
)
 
(67
)
 
Income tax expense/(benefit)
Total, net of tax
26

 
32

 
80

 
105

 
 
Total reclassifications
$
26

 
$
22

 
$
80

 
$
(79
)
 
 
(1)
These accumulated other comprehensive components are included in the computation of net periodic benefits expense/(income). See Note 8 for additional details.