Accumulated Other Comprehensive Loss

12 Months Ended

Jan. 31, 2024

Other Comprehensive Income (Loss), Tax [Abstract]

Accumulated Other Comprehensive Loss

Accumulated Other Comprehensive Loss

The following table provides the changes in the composition of total accumulated other comprehensive loss for fiscal 2024, 2023 and 2022:

(Amounts in millions and net of immaterial income taxes)	Currency Translation and Other		Net Investment Hedges		Cash Flow Hedges		Minimum Pension Liability		Total
Balances as of February 1, 2021	$	(10,772)	$	1,296	$	(304)	$	(1,986)	$	(11,766)
Other comprehensive loss before reclassifications, net	(586)		(7)		(540)		—		(1,133)
Reclassifications related to business dispositions, net(1)	3,258		(1,195)		30		1,966		4,059
Reclassifications to income, net	—		—		66		8		74
Balances as of January 31, 2022	(8,100)		94		(748)		(12)		(8,766)
Other comprehensive income (loss) before reclassifications, net	(1,145)		—		(571)		5		(1,711)
Return of currency translation to parent(2)	(1,262)		—		—		—		(1,262)
Reclassifications to income, net	(309)		—		368		—		59
Balances as of January 31, 2023	(10,816)		94		(951)		(7)		(11,680)
Other comprehensive income (loss) before reclassifications, net	333		—		(8)		(11)		314
Reclassifications to income, net	—		—		64		—		64
Balances as of January 31, 2024	$	(10,483)	$	94	$	(895)	$	(18)	$	(11,302)

(1) Upon closing of the sale of the Company's operations in the U.K. and Japan during the first quarter of fiscal 2022, these amounts were released from accumulated other comprehensive loss, the majority of which was considered in the impairment evaluation when the individual disposal groups met the held for sale classification in fiscal 2021.

(2) Upon closing of the noncontrolling interest shareholder buyout of the Company's Massmart subsidiary during the fourth quarter of fiscal 2023, the cumulative amount of currency translation was reallocated from the Company's noncontrolling interest back to the Company. Refer to Note 3.

Amounts reclassified from accumulated other comprehensive loss for derivative instruments are generally recorded in interest, net, in the Company's Consolidated Statements of Income. The amounts for the minimum pension liability, as well as the cumulative translation resulting from the disposition of a business, are recorded in other gains and losses in the Company's Consolidated Statements of Income. Amounts related to the Company's derivatives expected to be reclassified from accumulated other comprehensive loss to net income during the next 12 months are not significant.