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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)
6 Months Ended
Aug. 14, 2021
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS).  
Schedule of changes in AOCI by component

Pension and

Cash Flow

Postretirement

Hedging

Defined Benefit

    

Activities(1)

    

Plans(1)

    

Total(1)

Balance at February 1, 2020

$

(42)

$

(598)

$

(640)

OCI before reclassifications(2)

(19)

 

(19)

Amounts reclassified out of AOCI(3)

2

 

6

 

8

Net current-period OCI

(17)

 

6

 

(11)

Balance at August 15, 2020

$

(59)

$

(592)

$

(651)

Balance at January 30, 2021

$

(54)

$

(576)

$

(630)

Amounts reclassified out of AOCI(3)

 

3

 

2

 

5

Net current-period OCI

 

3

 

2

 

5

Balance at August 14, 2021

$

(51)

$

(574)

$

(625)

(1)All amounts are net of tax.
(2)Net of tax of ($10) for cash flow hedging activities for the first two quarters of 2020.
(3)Net of tax of $1 for cash flow hedging activities and $3 for pension and postretirement defined benefit plans for the first two quarters of 2020. Net of tax of $4 for cash flow hedging activities and $2 for pension and postretirement defined benefit plans for the first two quarters of 2021.

Schedule of items reclassified out of AOCI and the related tax effects

Second Quarter Ended

Two Quarters Ended

 

    

August 14,

    

August 15,

    

August 14,

    

August 15,

 

2021

2020

2021

2020

Cash flow hedging activity items

Amortization of gains and losses on cash flow hedging activities(1)

$

4

$

1

$

7

$

3

Tax expense

 

(3)

 

 

(4)

 

(1)

Net of tax

 

1

 

1

 

3

 

2

Pension and postretirement defined benefit plan items

Amortization of amounts included in net periodic pension cost(2)

 

2

 

4

 

 

4

 

 

9

Tax expense

 

 

(1)

 

 

(1)

 

 

(2)

 

 

(3)

Net of tax

 

 

1

 

 

3

 

 

2

 

 

6

Total reclassifications, net of tax

 

$

2

 

$

4

 

$

5

 

$

8

(1)Reclassified from AOCI into interest expense.
(2)Reclassified from AOCI into non-service component of company-sponsored pension plan costs. These components are included in the computation of net periodic pension cost (see Note 3 for additional details).