Annual report pursuant to Section 13 and 15(d)

Debt (Details 5)

v2.4.1.9
Debt (Details 5) (USD $)
In Millions, unless otherwise specified
0 Months Ended 3 Months Ended 12 Months Ended 0 Months Ended
Jul. 02, 2014
Jan. 31, 2015
Aug. 02, 2014
Feb. 01, 2014
May 04, 2013
Jan. 31, 2015
Feb. 01, 2014
Feb. 02, 2013
Dec. 10, 2014
Jul. 29, 2013
item
Jun. 16, 2014
Dec. 19, 2013
Debt                        
Debt issuance costs that are being amortized as interest expense   $ 95us-gaap_DeferredFinanceCostsGross   $ 91us-gaap_DeferredFinanceCostsGross   $ 95us-gaap_DeferredFinanceCostsGross $ 91us-gaap_DeferredFinanceCostsGross          
Net proceeds from initial public offering 446us-gaap_ProceedsFromIssuanceInitialPublicOffering                      
Loss on early extinguishments of debt   (6)us-gaap_GainsLossesOnExtinguishmentOfDebt (68)us-gaap_GainsLossesOnExtinguishmentOfDebt (7)us-gaap_GainsLossesOnExtinguishmentOfDebt (7)us-gaap_GainsLossesOnExtinguishmentOfDebt (74)us-gaap_GainsLossesOnExtinguishmentOfDebt (14)us-gaap_GainsLossesOnExtinguishmentOfDebt (33)us-gaap_GainsLossesOnExtinguishmentOfDebt        
Michaels Stores                        
Debt                        
Unamortized debt issuance costs to be amortized   47us-gaap_UnamortizedDebtIssuanceExpense
/ dei_LegalEntityAxis
= mik_MichaelsStoresIncMember
      47us-gaap_UnamortizedDebtIssuanceExpense
/ dei_LegalEntityAxis
= mik_MichaelsStoresIncMember
           
Loss on early extinguishments of debt           (56)us-gaap_GainsLossesOnExtinguishmentOfDebt
/ dei_LegalEntityAxis
= mik_MichaelsStoresIncMember
(14)us-gaap_GainsLossesOnExtinguishmentOfDebt
/ dei_LegalEntityAxis
= mik_MichaelsStoresIncMember
(33)us-gaap_GainsLossesOnExtinguishmentOfDebt
/ dei_LegalEntityAxis
= mik_MichaelsStoresIncMember
       
Michaels Stores | 5.875% Senior Subordinated Notes due 2020                        
Debt                        
Principal amount of notes issued                     250us-gaap_DebtInstrumentFaceAmount
/ us-gaap_DebtInstrumentAxis
= mik_SeniorSubordinatedNotes5.875PercentDue2020Member
/ dei_LegalEntityAxis
= mik_MichaelsStoresIncMember
260us-gaap_DebtInstrumentFaceAmount
/ us-gaap_DebtInstrumentAxis
= mik_SeniorSubordinatedNotes5.875PercentDue2020Member
/ dei_LegalEntityAxis
= mik_MichaelsStoresIncMember
Stated interest rate (as a percent)                       5.875%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= mik_SeniorSubordinatedNotes5.875PercentDue2020Member
/ dei_LegalEntityAxis
= mik_MichaelsStoresIncMember
Issue price as a percentage of face value                     102.00%mik_DebtInstrumentIssuePriceAsAPercentOfFaceValue
/ us-gaap_DebtInstrumentAxis
= mik_SeniorSubordinatedNotes5.875PercentDue2020Member
/ dei_LegalEntityAxis
= mik_MichaelsStoresIncMember
 
Effective interest rate (as a percent)                     5.76%us-gaap_DebtInstrumentInterestRateEffectivePercentage
/ us-gaap_DebtInstrumentAxis
= mik_SeniorSubordinatedNotes5.875PercentDue2020Member
/ dei_LegalEntityAxis
= mik_MichaelsStoresIncMember
 
Percentage of aggregate principal amount at which notes may be required to be repurchased in the event of change of control           101.00%mik_DebtInstrumentRedemptionPriceInCashDueToChangeOfControlAsPercentageOfAggregatePrincipalAmount
/ us-gaap_DebtInstrumentAxis
= mik_SeniorSubordinatedNotes5.875PercentDue2020Member
/ dei_LegalEntityAxis
= mik_MichaelsStoresIncMember
           
Amount of dividends, distributions and repurchases allowable per the debt covenant   100mik_DebtInstrumentCovenantDividendsDistributionsAndRepurchasesOfCapitalStockAmount
/ us-gaap_DebtInstrumentAxis
= mik_SeniorSubordinatedNotes5.875PercentDue2020Member
/ dei_LegalEntityAxis
= mik_MichaelsStoresIncMember
      100mik_DebtInstrumentCovenantDividendsDistributionsAndRepurchasesOfCapitalStockAmount
/ us-gaap_DebtInstrumentAxis
= mik_SeniorSubordinatedNotes5.875PercentDue2020Member
/ dei_LegalEntityAxis
= mik_MichaelsStoresIncMember
           
Dividends, distributions and repurchases as a percent of Company's Consolidated Net Income allowable per the debt covenant   50.00%mik_DebtInstrumentCovenantDividendsDistributionsAndRepurchasesOfCapitalStockAsPercentageOfConsolidatedNetIncome
/ us-gaap_DebtInstrumentAxis
= mik_SeniorSubordinatedNotes5.875PercentDue2020Member
/ dei_LegalEntityAxis
= mik_MichaelsStoresIncMember
      50.00%mik_DebtInstrumentCovenantDividendsDistributionsAndRepurchasesOfCapitalStockAsPercentageOfConsolidatedNetIncome
/ us-gaap_DebtInstrumentAxis
= mik_SeniorSubordinatedNotes5.875PercentDue2020Member
/ dei_LegalEntityAxis
= mik_MichaelsStoresIncMember
           
Permitted restricted payment amount   431mik_PermittedRestrictedPaymentAmountPerDebtCovenant
/ us-gaap_DebtInstrumentAxis
= mik_SeniorSubordinatedNotes5.875PercentDue2020Member
/ dei_LegalEntityAxis
= mik_MichaelsStoresIncMember
      431mik_PermittedRestrictedPaymentAmountPerDebtCovenant
/ us-gaap_DebtInstrumentAxis
= mik_SeniorSubordinatedNotes5.875PercentDue2020Member
/ dei_LegalEntityAxis
= mik_MichaelsStoresIncMember
           
Debt issuance costs that are being amortized as interest expense   5us-gaap_DeferredFinanceCostsGross
/ us-gaap_DebtInstrumentAxis
= mik_SeniorSubordinatedNotes5.875PercentDue2020Member
/ dei_LegalEntityAxis
= mik_MichaelsStoresIncMember
  4us-gaap_DeferredFinanceCostsGross
/ us-gaap_DebtInstrumentAxis
= mik_SeniorSubordinatedNotes5.875PercentDue2020Member
/ dei_LegalEntityAxis
= mik_MichaelsStoresIncMember
  5us-gaap_DeferredFinanceCostsGross
/ us-gaap_DebtInstrumentAxis
= mik_SeniorSubordinatedNotes5.875PercentDue2020Member
/ dei_LegalEntityAxis
= mik_MichaelsStoresIncMember
4us-gaap_DeferredFinanceCostsGross
/ us-gaap_DebtInstrumentAxis
= mik_SeniorSubordinatedNotes5.875PercentDue2020Member
/ dei_LegalEntityAxis
= mik_MichaelsStoresIncMember
         
Unamortized debt issuance costs to be amortized   14us-gaap_UnamortizedDebtIssuanceExpense
/ us-gaap_DebtInstrumentAxis
= mik_SeniorSubordinatedNotes5.875PercentDue2020Member
/ dei_LegalEntityAxis
= mik_MichaelsStoresIncMember
      14us-gaap_UnamortizedDebtIssuanceExpense
/ us-gaap_DebtInstrumentAxis
= mik_SeniorSubordinatedNotes5.875PercentDue2020Member
/ dei_LegalEntityAxis
= mik_MichaelsStoresIncMember
           
Michaels Stores | 5.875% Senior Subordinated Notes due 2020 | Debt Instrument Redemption Period Prior to December 15, 2016                        
Debt                        
Redemption price of debt instrument as a percentage of principal amount           100.00%us-gaap_DebtInstrumentRedemptionPricePercentage
/ us-gaap_DebtInstrumentAxis
= mik_SeniorSubordinatedNotes5.875PercentDue2020Member
/ us-gaap_DebtInstrumentRedemptionPeriodAxis
= mik_DebtInstrumentRedemptionPeriodPriorToDecember152016Member
/ dei_LegalEntityAxis
= mik_MichaelsStoresIncMember
           
Redemption price as a percentage of principal amount, if using proceeds of equity offerings           105.875%mik_DebtInstrumentRedemptionPriceAsPercentageOfPrincipalAmountEquityOfferings
/ us-gaap_DebtInstrumentAxis
= mik_SeniorSubordinatedNotes5.875PercentDue2020Member
/ us-gaap_DebtInstrumentRedemptionPeriodAxis
= mik_DebtInstrumentRedemptionPeriodPriorToDecember152016Member
/ dei_LegalEntityAxis
= mik_MichaelsStoresIncMember
           
Michaels Stores | 5.875% Senior Subordinated Notes due 2020 | Debt Instrument Redemption Period Prior to December 15, 2016 | Minimum                        
Debt                        
Percentage of the aggregate principal amount that remain outstanding after each redemption with proceeds from equity offerings   50.00%mik_DebtInstrumentPercentageOfAggregatePrincipalAmountOutstandingAfterRedemptionFromEquityOfferings
/ us-gaap_DebtInstrumentAxis
= mik_SeniorSubordinatedNotes5.875PercentDue2020Member
/ us-gaap_DebtInstrumentRedemptionPeriodAxis
= mik_DebtInstrumentRedemptionPeriodPriorToDecember152016Member
/ dei_LegalEntityAxis
= mik_MichaelsStoresIncMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
      50.00%mik_DebtInstrumentPercentageOfAggregatePrincipalAmountOutstandingAfterRedemptionFromEquityOfferings
/ us-gaap_DebtInstrumentAxis
= mik_SeniorSubordinatedNotes5.875PercentDue2020Member
/ us-gaap_DebtInstrumentRedemptionPeriodAxis
= mik_DebtInstrumentRedemptionPeriodPriorToDecember152016Member
/ dei_LegalEntityAxis
= mik_MichaelsStoresIncMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
           
Michaels Stores | 5.875% Senior Subordinated Notes due 2020 | Debt Instrument Redemption Period Prior to December 15, 2016 | Maximum                        
Debt                        
Percentage of the aggregate principal amount that may be redeemed with proceeds from equity offerings   40.00%mik_DebtInstrumentRedemptionWithNetProceedsFromEquityOfferingsAsPercentageOfAggregatePrincipalAmount
/ us-gaap_DebtInstrumentAxis
= mik_SeniorSubordinatedNotes5.875PercentDue2020Member
/ us-gaap_DebtInstrumentRedemptionPeriodAxis
= mik_DebtInstrumentRedemptionPeriodPriorToDecember152016Member
/ dei_LegalEntityAxis
= mik_MichaelsStoresIncMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
      40.00%mik_DebtInstrumentRedemptionWithNetProceedsFromEquityOfferingsAsPercentageOfAggregatePrincipalAmount
/ us-gaap_DebtInstrumentAxis
= mik_SeniorSubordinatedNotes5.875PercentDue2020Member
/ us-gaap_DebtInstrumentRedemptionPeriodAxis
= mik_DebtInstrumentRedemptionPeriodPriorToDecember152016Member
/ dei_LegalEntityAxis
= mik_MichaelsStoresIncMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
           
Redemption period following the receipt of proceeds from equity offerings           120 days            
Michaels Stores | 5.875% Senior Subordinated Notes due 2020 | Debt Instrument Redemption Period Beginning December 15, 2016                        
Debt                        
Redemption price of debt instrument as a percentage of principal amount           102.938%us-gaap_DebtInstrumentRedemptionPricePercentage
/ us-gaap_DebtInstrumentAxis
= mik_SeniorSubordinatedNotes5.875PercentDue2020Member
/ us-gaap_DebtInstrumentRedemptionPeriodAxis
= mik_DebtInstrumentRedemptionPeriodTwelveMonthPeriodBeginningDecember152016Member
/ dei_LegalEntityAxis
= mik_MichaelsStoresIncMember
           
Michaels Stores | 5.875% Senior Subordinated Notes due 2020 | Debt Instrument Redemption Period Beginning December 15, 2017                        
Debt                        
Redemption price of debt instrument as a percentage of principal amount           101.469%us-gaap_DebtInstrumentRedemptionPricePercentage
/ us-gaap_DebtInstrumentAxis
= mik_SeniorSubordinatedNotes5.875PercentDue2020Member
/ us-gaap_DebtInstrumentRedemptionPeriodAxis
= mik_DebtInstrumentRedemptionPeriodTwelveMonthPeriodBeginningDecember152017Member
/ dei_LegalEntityAxis
= mik_MichaelsStoresIncMember
           
Michaels Stores | 5.875% Senior Subordinated Notes due 2020 | Debt Instrument Redemption Beginning December 15, 2018 and Thereafter                        
Debt                        
Redemption price of debt instrument as a percentage of principal amount           100.00%us-gaap_DebtInstrumentRedemptionPricePercentage
/ us-gaap_DebtInstrumentAxis
= mik_SeniorSubordinatedNotes5.875PercentDue2020Member
/ us-gaap_DebtInstrumentRedemptionPeriodAxis
= mik_DebtInstrumentRedemptionPeriodTwelveMonthPeriodBeginningDecember152018AndThereafterMember
/ dei_LegalEntityAxis
= mik_MichaelsStoresIncMember
           
FinCo Holdings and FinCo | PIK Notes                        
Debt                        
Principal amount of notes issued                   800us-gaap_DebtInstrumentFaceAmount
/ us-gaap_DebtInstrumentAxis
= us-gaap_PaymentInKindPIKNoteMember
/ dei_LegalEntityAxis
= mik_FincoHoldingsAndFincoMember
   
PIK interest rate one (as a percent)                   7.50%mik_PaymentInKindInterestRateOnePercentage
/ us-gaap_DebtInstrumentAxis
= us-gaap_PaymentInKindPIKNoteMember
/ dei_LegalEntityAxis
= mik_FincoHoldingsAndFincoMember
   
PIK interest rate two (as a percent)                   8.25%mik_PaymentInKindInterestRateTwoPercentage
/ us-gaap_DebtInstrumentAxis
= us-gaap_PaymentInKindPIKNoteMember
/ dei_LegalEntityAxis
= mik_FincoHoldingsAndFincoMember
   
Number of interest payments to be paid entirely in cash                   2mik_ReorganizationNumberOfInterestPaymentsToBePaidEntirelyInCash
/ us-gaap_DebtInstrumentAxis
= us-gaap_PaymentInKindPIKNoteMember
/ dei_LegalEntityAxis
= mik_FincoHoldingsAndFincoMember
   
PIK interest rate difference (as a percent)                   0.75%mik_PikInterestRateDifferential
/ us-gaap_DebtInstrumentAxis
= us-gaap_PaymentInKindPIKNoteMember
/ dei_LegalEntityAxis
= mik_FincoHoldingsAndFincoMember
   
Proceeds from debt after discount, fees and expenses                   783us-gaap_ProceedsFromDebtNetOfIssuanceCosts
/ us-gaap_DebtInstrumentAxis
= us-gaap_PaymentInKindPIKNoteMember
/ dei_LegalEntityAxis
= mik_FincoHoldingsAndFincoMember
   
Early extinguishment of debt 439us-gaap_ExtinguishmentOfDebtAmount
/ us-gaap_DebtInstrumentAxis
= us-gaap_PaymentInKindPIKNoteMember
/ dei_LegalEntityAxis
= mik_FincoHoldingsAndFincoMember
              180us-gaap_ExtinguishmentOfDebtAmount
/ us-gaap_DebtInstrumentAxis
= us-gaap_PaymentInKindPIKNoteMember
/ dei_LegalEntityAxis
= mik_FincoHoldingsAndFincoMember
     
Redemption price of debt instrument 474mik_DebtInstrumentRedemptionPriceAmount
/ us-gaap_DebtInstrumentAxis
= us-gaap_PaymentInKindPIKNoteMember
/ dei_LegalEntityAxis
= mik_FincoHoldingsAndFincoMember
              188mik_DebtInstrumentRedemptionPriceAmount
/ us-gaap_DebtInstrumentAxis
= us-gaap_PaymentInKindPIKNoteMember
/ dei_LegalEntityAxis
= mik_FincoHoldingsAndFincoMember
     
Loss on early extinguishments of debt           18us-gaap_GainsLossesOnExtinguishmentOfDebt
/ us-gaap_DebtInstrumentAxis
= us-gaap_PaymentInKindPIKNoteMember
/ dei_LegalEntityAxis
= mik_FincoHoldingsAndFincoMember
           
Redemption premiums included in loss on extinguishment of debt           7mik_PurchasePremiumOnExtinguishmentOfDebt
/ us-gaap_DebtInstrumentAxis
= us-gaap_PaymentInKindPIKNoteMember
/ dei_LegalEntityAxis
= mik_FincoHoldingsAndFincoMember
           
Unamortized debt issuance costs written-off related to loss on early extinguishment of debt           $ 11us-gaap_WriteOffOfDeferredDebtIssuanceCost
/ us-gaap_DebtInstrumentAxis
= us-gaap_PaymentInKindPIKNoteMember
/ dei_LegalEntityAxis
= mik_FincoHoldingsAndFincoMember
           
FinCo Holdings and FinCo | PIK Notes | Debt Instrument Redemption Period Twelve Months Period From August 1 2014 Member                        
Debt                        
Redemption price of debt instrument as a percentage of principal amount           102.00%us-gaap_DebtInstrumentRedemptionPricePercentage
/ us-gaap_DebtInstrumentAxis
= us-gaap_PaymentInKindPIKNoteMember
/ us-gaap_DebtInstrumentRedemptionPeriodAxis
= mik_DebtInstrumentRedemptionPeriodTwelveMonthsPeriodFromAugust12014Member
/ dei_LegalEntityAxis
= mik_FincoHoldingsAndFincoMember
           
FinCo Holdings and FinCo | PIK Notes | Debt Instrument Redemption Period Twelve Months Period From August 1 2015 Member                        
Debt                        
Redemption price of debt instrument as a percentage of principal amount           101.00%us-gaap_DebtInstrumentRedemptionPricePercentage
/ us-gaap_DebtInstrumentAxis
= us-gaap_PaymentInKindPIKNoteMember
/ us-gaap_DebtInstrumentRedemptionPeriodAxis
= mik_DebtInstrumentRedemptionPeriodTwelveMonthsPeriodFromAugust12015Member
/ dei_LegalEntityAxis
= mik_FincoHoldingsAndFincoMember
           
FinCo Holdings and FinCo | PIK Notes | Debt Instrument Redemption Period Twelve Months Period From August 1 2016 And After Member                        
Debt                        
Redemption price of debt instrument as a percentage of principal amount           100.00%us-gaap_DebtInstrumentRedemptionPricePercentage
/ us-gaap_DebtInstrumentAxis
= us-gaap_PaymentInKindPIKNoteMember
/ us-gaap_DebtInstrumentRedemptionPeriodAxis
= mik_DebtInstrumentRedemptionPeriodTwelveMonthsPeriodFromAugust12016AndAfterMember
/ dei_LegalEntityAxis
= mik_FincoHoldingsAndFincoMember