Annual report pursuant to Section 13 and 15(d)

Fair Value Disclosures (Tables)

v2.4.0.8
Fair Value Disclosures (Tables)
12 Months Ended
Feb. 01, 2014
Fair Value Disclosures [Abstract]  
REIT Assets Measured on a Recurring Basis
Our REIT assets measured at fair value are as follows: 
 
 
 
 
REIT Assets - Fair Value Measurements at Reporting Date Using
($ in millions) 
 
Cost Basis
 
Quoted Prices in Active Markets of Identical Assets (Level 1)
 
Significant Other Observable Inputs (Level 2)
 
Significant Unobservable Inputs (Level 3)
As of February 1, 2014
 
$

 
$

 
$

 
$

As of February 2, 2013
 
7

 
33

 

 

Assets Measured on a Non-recurring Basis
The following table presents fair values for those assets measured at fair values and gains or losses during 2013 and 2012 on a non-recurring basis, and remaining on our Consolidated Balance Sheet:
 
 
 
 
Fair Value Measurements at Reporting Date Using
 
 
($ in millions) 
 
Carrying Value
 
Quoted Prices in Active Markets of Identical Assets (Level 1)
 
Significant Other Observable Inputs (Level 2)
 
Significant Unobservable Inputs (Level 3)
 
Total Gains (Losses)
As of February 1, 2014
 
 
 
 
 
 
 
 
 
 
Store assets
 
$
2

 
$

 
$

 
$
2

 
$
(18
)
Intangible asset (Note 6)
 
5

 

 

 
5

 
(9
)
Total
 
$
7

 
$

 
$

 
$
7

 
$
(27
)
As of February 2, 2013
 
 
 
 
 
 
 
 
 
 
Store assets
 
8

 

 

 
8

 
(26
)
Total
 
$
8

 
$

 
$

 
$
8

 
$
(26
)
Other Financial Instruments
Carrying values and fair values of financial instruments that are not carried at fair value in the Consolidated Balance Sheets are as follows:
 
 
 
As of February 1, 2014
 
As of February 2, 2013
($ in millions)
 
Carrying Amount
 
Fair Value
 
Carrying Amount
 
Fair Value
Long-term debt, including current maturities
 
$
4,862

 
$
4,209

 
$
2,868

 
$
2,456

Cost investment (Note 16)
 

 

 
36