beatandraise : SEC Filings Research with AI

beatandraise.com

2.2.0.25falsefalse10901 - Disclosure - Employee Benefit Planstruefalsefalse1falsefalseUSDfalsefalse2/1/2010 - 1/30/2011 USD ($) USD ($) / shares $Duration_2_1_2010_To_1_30_2011http://www.sec.gov/CIK0000354950duration2010-02-01T00:00:002011-01-30T00:00:00Unit12Standardhttp://www.xbrl.org/2003/iso4217USDiso42170Unit14Dividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0Unit1Standardhttp://www.xbrl.org/2003/instancesharesxbrli0Unit13Standardhttp://www.xbrl.org/2003/instancepurexbrli0USDUSD$2true0hd_EmployeeBenefitPlansAbstracthdfalsenadurationEmployee Benefit Plansfalsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringEmployee Benefit PlansfalsefalseEmployee Benefit Plans3false0hd_DefinedContributionPlansTextBlockhdfalsenadurationDisclosure related to the terms and benefits provided by the employer's defined contribution plans. A defined contribution...falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1falsefalsefalse00<div> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left">9.</td> <td valign="top" align="left">EMPLOYEE BENEFIT PLANS </td></tr></table> The Company maintains active defined contribution retirement plans for its employees (the "Benefit Plans"). All associates satisfying certain service requirements are eligible to participate in the Benefit Plans. The Company makes cash contributions each payroll period up to specified percentages of associates' contributions as approved by the Board of Directors. The Company also maintains a restoration plan to provide certain associates deferred compensation that they would have received under the Benefit Plans as a matching contribution if not for the maximum compensation limits under the Internal Revenue Code. The Company funds the restoration plan through contributions made to a grantor trust, which are then used to purchase shares of the Company's common stock in the open market. The Company's contributions to the Benefit Plans and the restoration plan were $171 million, $161 million and $158 million for fiscal 2010, 2009 and 2008, respectively. At January 30, 2011, the Benefit Plans and the restoration plan held a total of 16 million shares of the Company's common stock in trust for plan participants. </div>9. EMPLOYEE BENEFIT PLANS The Company maintains active defined contribution retirement plans for its employees (the "Benefit Plans"). All associatesfalsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringDisclosure related to the terms and benefits provided by the employer's defined contribution plans. A defined contribution plan provides benefits in return for services rendered, provides an individual account for each participant, and has terms that specify how contributions to the individual's account are to be determined rather than the amount of benefits the individual is to receive. Under a defined contribution pension plan, the benefits a participant will receive depend solely on the amount contributed to the participant's account, the returns earned on investments of those contributions, and forfeitures of other participants' benefits that may be allocated to such participant's account. A description of the plan(s) including employee groups covered, the basis for determining contributions, and the nature and effects of significant matters affecting comparability of information for all periods presented.No authoritative reference available.falsefalseEmployee Benefit Plans12Employee Benefit PlansUnKnownUnKnownUnKnownUnKnownfalsetrue