Accumulated Other Comprehensive Income (Loss)

6 Months Ended

Jul. 31, 2011

Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss)

Note 8. Accumulated Other Comprehensive Income (Loss)

Amounts included in accumulated other comprehensive income (loss) for the Company's derivative instruments and minimum pension liabilities are recorded net of their related income tax effect. The following table provides further detail regarding changes in the composition of accumulated other comprehensive income (loss) for the six months ended July 31, 2011:

		Currency Translation		Currency Translation			Currency Translation			Currency Translation
(Amounts in millions)	Currency Translation and Other		Derivative Instruments			Minimum Pension  Liability			Total
Balances - February 1, 2011	$	1,226	$	60		$	(640	)	$	646
Currency translation adjustment		753		—			—			753
Net change in fair value of derivatives		—		(113	)		—			(113	)
Balances - July 31, 2011	$	1,979	$	(53	)	$	(640	)	$	1,286

The currency translation adjustment includes a net translation loss of $1.4 billion at July 31, 2011 related to net investment hedges of the Company's operations in the United Kingdom and Japan. During the six months ended July 31, 2011, the Company reclassified $111 million from accumulated comprehensive income (loss) to earnings from the remeasurements of non-U.S.-denominated debt.