ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

12 Months Ended

Feb. 03, 2024

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS).

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

8. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The following table represents the changes in AOCI by component for the years ended February 3, 2024 and January 28, 2023:

			Pension and
	Cash Flow		Postretirement
	Hedging		Defined Benefit
	Activities(1)		Plans(1)		Total(1)
Balance at January 29, 2022	$	(47)	$	(420)	$	(467)
OCI before reclassifications(2)		(89)		(88)		(177)
Amounts reclassified out of AOCI(3)		7		5		12
Net current-period OCI		(82)		(83)		(165)
Balance at January 28, 2023	$	(129)	$	(503)	$	(632)
Balance at January 28, 2023	$	(129)	$	(503)	$	(632)
OCI before reclassifications(2)		183		(35)		148
Amounts reclassified out of AOCI(3)		6		(11)		(5)
Net current-period OCI		189		(46)		143
Balance at February 3, 2024	$	60	$	(549)	$	(489)

(1) All amounts are net of tax.

(2) Net of tax of $(28) and $(27) for pension and postretirement defined benefit plans and cash flow hedging activities, respectively, as of January 28, 2023. Net of tax of $(11) and $56 for pension and postretirement defined benefit plans and cash flow hedging activities, respectively, as of February 3, 2024.

(3) Net of tax of $2 and $2 for pension and postretirement defined benefit plans and cash flow hedging activities, respectively, as of January 28, 2023. Net of tax of $(3) and $2 for pension and postretirement defined benefit plans and cash flow hedging activities, respectively, as of February 3, 2024.

The following table represents the items reclassified out of AOCI and the related tax effects for the years ended February 3, 2024, January 28, 2023 and January 29, 2022:

	For the year ended		For the year ended		For the year ended
	February 3, 2024		January 28, 2023		January 29, 2022
Cash flow hedging activity items
Amortization of gains and losses on cash flow hedging activities(1)	$	8	$	9	$	10
Tax expense		(2)		(2)		(3)
Net of tax		6		7		7
Pension and postretirement defined benefit plan items
Amortization of amounts included in net periodic pension cost(2)		(14)		7		97
Tax expense		3		(2)		(23)
Net of tax		(11)		5		74
Total reclassifications, net of tax	$	(5)	$	12	$	81

(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 expense.