Annual report pursuant to Section 13 and 15(d)

Accounts Payable and Accrued Liabilities

v2.4.0.8
Accounts Payable and Accrued Liabilities
12 Months Ended
Feb. 01, 2014
Accounts Payable and Accrued Liabilities, Current [Abstract]  
Accounts Payable and Accrued Liabilities
Accounts Payable and Accrued Liabilities
 
 
February 1,
2014
 
February 2,
2013
 
(millions)
Accounts payable
$
746

 
$
625

Gift cards and customer award certificates
840

 
801

Accrued wages and vacation
190

 
226

Taxes other than income taxes
157

 
195

Lease related liabilities
153

 
145

Current portion of workers’ compensation and general liability reserves
131

 
138

Current portion of post employment and postretirement benefits
110

 
100

Accrued interest
89

 
78

Allowance for future sales returns
85

 
81

Severance and relocation
43

 
3

Other
266

 
218

 
$
2,810

 
$
2,610



Adjustments to the allowance for future sales returns, which amounted to charges of $4 million, $5 million and $9 million for 2013, 2012 and 2011, respectively, are reflected in cost of sales.
Changes in workers’ compensation and general liability reserves, including the current portion, are as follows:
 
 
2013
 
2012
 
2011
 
(millions)
Balance, beginning of year
$
497

 
$
493

 
$
488

Charged to costs and expenses
147

 
157

 
144

Payments, net of recoveries
(147
)
 
(153
)
 
(139
)
Balance, end of year
$
497

 
$
497

 
$
493



The non-current portion of workers’ compensation and general liability reserves is included in other liabilities on the Consolidated Balance Sheets. At February 1, 2014 and February 2, 2013, workers’ compensation and general liability reserves included $107 million and $103 million, respectively, of liabilities which are covered by deposits and receivables included in current assets on the Consolidated Balance Sheets.