v2.4.0.6
Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
 12 Months Ended
Jan. 28, 2012
Jan. 29, 2011
Jan. 30, 2010
Operating activities      
Net earnings $ 2,929 $ 2,920 $ 2,488
Reconciliation to cash flow      
Depreciation and amortization 2,131 2,084 2,023
Share-based compensation expense 90 109 103
Deferred income taxes 371 445 364
Bad debt expense 154 528 1,185
Non-cash (gains)/losses and other, net 22 (145) 143
Changes in operating accounts:      
Accounts receivable originated at Target (187) (78) (57)
Inventory (322) (417) (474)
Other current assets (150) (124) (129)
Other noncurrent assets 43 (212) (114)
Accounts payable 232 115 174
Accrued and other current liabilities 218 149 257
Other noncurrent liabilities (97) (103) (82)
Cash flow provided by operations 5,434 5,271 5,881
Investing activities      
Expenditures for property and equipment (4,368) (2,129) (1,729)
Proceeds from disposal of property and equipment 37 69 33
Change in accounts receivable originated at third parties 259 363 (10)
Other investments (108) (47) 3
Cash flow required for investing activities (4,180) (1,744) (1,703)
Financing activities      
Additions to short-term debt 1,500    
Additions to long-term debt 1,994 1,011  
Reductions of long-term debt (3,125) (2,259) (1,970)
Dividends paid (750) (609) (496)
Repurchase of stock (1,842) (2,452) (423)
Stock option exercises and related tax benefit 89 294 47
Other (6)    
Cash flow required for financing activities (2,140) (4,015) (2,842)
Effect of exchange rate changes on cash and cash equivalents (32)    
Net increase (decrease) in cash and cash equivalents (918) (488) 1,336
Cash and cash equivalents at beginning of period 1,712 2,200 864
Cash and cash equivalents at end of period 794 1,712 2,200
Cash paid for income taxes 1,109 1,259 1,040
Cash paid for interest (net of interest capitalized) $ 816 $ 752 $ 805