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Pension Benefits
3 Months Ended
Apr. 29, 2017
Compensation and Retirement Disclosure [Abstract]  
Pension Benefits
Pension Benefits
 
We provide pension plan benefits to certain eligible team members.

Net Pension Benefits Expense
Three Months Ended
(millions)
April 29,
2017

 
April 30,
2016

Service cost
$
21

 
$
21

Interest cost
34

 
34

Expected return on assets
(61
)
 
(64
)
Amortization of losses
15

 
12

Amortization of prior service cost
(3
)
 
(3
)
Settlement charges

 

Total
$
6

 
$



In March 2017, the FASB issued ASU 2017-07, Compensation – Retirement Benefits (Topic 715), which requires employers to disaggregate and present separately the current service cost component from the other components of net benefit cost within the Consolidated Statement of Operations. We plan to adopt the standard in the first quarter of fiscal 2018. We are evaluating the presentation of the other components of net benefit cost.