Required information (The following information applies to the questions displayed below.] Target Corporation prepares its financial statements according to U.S. GAAP. Target's financial statements and disclosure notes for the year ended February 3, 2018, are available here. This material also is available under the Investor Relations link at the company's website (www.target.com). 2. Disclosure Note 2 discusses Target's accounting for gift card sales. Disclosure Note 18 indicates the amount of gift card liability that is recognized in Target's balance sheet. a. By how much did Target's gift card liability change between February 3, 2018, and January 28, 2017? (Enter your answers in millions (i.e. 5,000,000 should be entered as 5).) b. How would the following affect Target's gift card liability (indicate "increase," "decrease," or "no change" for each): i. Sale of a gift card ii. Redemption of a gift card (the holder using it to acquire goods or services) iii. Increase in breakage estimated for gift cards already sold million 2a. Change in Target's gift card liability 2b. i. Sale of a gift card ii. Redemption of a gift card (the holder using it to acquire goods or services) iii. Increase in breakage estimated for gift cards already sold Increase Decrease No change United States Securities And Exchange Commission Washington, D.C. 20549 FORM 10-K (Mark One) Checkbox: Checked ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended February 3, 2018 OR Checkbox: Unchecked TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-6049 TARGET TARGET CORPORATION (Exact name of registrant as specified in its charter) Minnesota (State or other jurisdiction of incorporation or organization) 41-0215170 (I.R.S. Employer Identification No.) 1000 Nicollet Mall, Minneapolis, Minnesota (Address of principal executive offices) 55403 (Zip Code) Registrant's telephone number, including area code: 612/304-6073 Securities Registered Pursuant To Section 12(B) Of The Act: Title of Each Class Name of Each Exchange on Which Registered Common Stock, par value $0.0833 per share New York Stock Exchange Securities registered pursuant to Section 129) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes Checkbox: Checked No Checkbox: Unchecked Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes checkbox: Unchecked No Checkbox: Checked Note - Checking the box above will not relieve any registrant required to file reports pursuant to Section 13 or 15(d) of the Exchange Act from their obligations under those Sections. Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes Checkbox: Checked No Checkbox: Unchecked Indicate by checkmark whether the registrant has submitted electronically and posted on its corporate Website, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes checkbox: Checked No Checkbox: Unchecked Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part Ill of this Form 10-K or any amendment to this Form 10-K. Checkbox: Checked Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company (as defined in Rule 12b-2 of the Exchange Act). Large accelerated filer Checkbox: Checked Accelerated filer Checkbox: Unchecked Non-accelerated filer Checkbox: Unchecked Smaller reporting company Checkbox: Unchecked Emerging growth company Checkbox: Unchecked If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Checkbox: Unchecked Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes Checkbox: Unchecked No Checkbox: Checked The aggregate market value of the voting stock held by non-affiliates of the registrant as of July 29, 2017 was $30,595,914,184, based on the closing price of $56.11 per share of Common Stock as reported on the New York Stock Fychange Comnosite Indey Indicate the number of shares outstanding of each of registrant's classes of Common Stock, as of the latest practicable date. Total shares of Common Stock, par value $0.0833, outstanding at March 8, 2018 were 538,796,010. DOCUMENTS INCORPORATED BY REFERENCE Portions of Target's Proxy Statement for the Annual Meeting of Shareholders to be held on June 13, 2018 are incorporated into Part III. Required information (The following information applies to the questions displayed below.] Target Corporation prepares its financial statements according to U.S. GAAP. Target's financial statements and disclosure notes for the year ended February 3, 2018, are available here. This material also is available under the Investor Relations link at the company's website (www.target.com). 2. Disclosure Note 2 discusses Target's accounting for gift card sales. Disclosure Note 18 indicates the amount of gift card liability that is recognized in Target's balance sheet. a. By how much did Target's gift card liability change between February 3, 2018, and January 28, 2017? (Enter your answers in millions (i.e. 5,000,000 should be entered as 5).) b. How would the following affect Target's gift card liability (indicate "increase," "decrease," or "no change" for each): i. Sale of a gift card ii. Redemption of a gift card (the holder using it to acquire goods or services) iii. Increase in breakage estimated for gift cards already sold million 2a. Change in Target's gift card liability 2b. i. Sale of a gift card ii. Redemption of a gift card (the holder using it to acquire goods or services) iii. Increase in breakage estimated for gift cards already sold Increase Decrease No change United States Securities And Exchange Commission Washington, D.C. 20549 FORM 10-K (Mark One) Checkbox: Checked ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended February 3, 2018 OR Checkbox: Unchecked TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-6049 TARGET TARGET CORPORATION (Exact name of registrant as specified in its charter) Minnesota (State or other jurisdiction of incorporation or organization) 41-0215170 (I.R.S. Employer Identification No.) 1000 Nicollet Mall, Minneapolis, Minnesota (Address of principal executive offices) 55403 (Zip Code) Registrant's telephone number, including area code: 612/304-6073 Securities Registered Pursuant To Section 12(B) Of The Act: Title of Each Class Name of Each Exchange on Which Registered Common Stock, par value $0.0833 per share New York Stock Exchange Securities registered pursuant to Section 129) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes Checkbox: Checked No Checkbox: Unchecked Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes checkbox: Unchecked No Checkbox: Checked Note - Checking the box above will not relieve any registrant required to file reports pursuant to Section 13 or 15(d) of the Exchange Act from their obligations under those Sections. Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes Checkbox: Checked No Checkbox: Unchecked Indicate by checkmark whether the registrant has submitted electronically and posted on its corporate Website, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes checkbox: Checked No Checkbox: Unchecked Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part Ill of this Form 10-K or any amendment to this Form 10-K. Checkbox: Checked Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company (as defined in Rule 12b-2 of the Exchange Act). Large accelerated filer Checkbox: Checked Accelerated filer Checkbox: Unchecked Non-accelerated filer Checkbox: Unchecked Smaller reporting company Checkbox: Unchecked Emerging growth company Checkbox: Unchecked If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Checkbox: Unchecked Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes Checkbox: Unchecked No Checkbox: Checked The aggregate market value of the voting stock held by non-affiliates of the registrant as of July 29, 2017 was $30,595,914,184, based on the closing price of $56.11 per share of Common Stock as reported on the New York Stock Fychange Comnosite Indey Indicate the number of shares outstanding of each of registrant's classes of Common Stock, as of the latest practicable date. Total shares of Common Stock, par value $0.0833, outstanding at March 8, 2018 were 538,796,010. DOCUMENTS INCORPORATED BY REFERENCE Portions of Target's Proxy Statement for the Annual Meeting of Shareholders to be held on June 13, 2018 are incorporated into Part