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Postretirement Benefits (Tables)
12 Months Ended
Jan. 31, 2015
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Abstract]  
Benefit Obligations And Funded Status
Our benefit obligation and funded status is as follows:
 
January 31, 2015

 
February 1, 2014

Change in benefit obligation:
 
 
 
Benefit obligation at beginning of year

$168

 

$167

Participant service cost
3

 
4

Interest cost
8

 
7

Benefits paid
(6
)
 
(5
)
Actuarial loss (gain)
36

 
(5
)
Plan amendment
(6
)
 

Benefit obligation at end of year
203

 
168

Change in plan assets:
 
 
 
Fair value of plan assets at beginning of year

 

Employer contribution
6

 
5

Benefits paid
(6
)
 
(5
)
Fair value of plan assets at end of year

 

Underfunded status at end of year

($203
)
 

($168
)
Amounts Recognized As Liabilities In The Consolidated Balance Sheets
Amounts recognized as liabilities in the Consolidated Balance Sheets consist of the following:
 
January 31, 2015

 
February 1, 2014

Current liabilities

$8

 

$7

Noncurrent liabilities
195

 
161

Net amount recognized

$203

 

$168

Components Of SERP Expense Recognized In The Consolidated Statements Of Earnings
The components of SERP expense recognized in the Consolidated Statements of Earnings are as follows:
Fiscal year
2014

 
2013

 
2012

Participant service cost

$3

 

$4

 

$4

Interest cost
7

 
7

 
7

Amortization of net loss
6

 
8

 
7

Total SERP expense

$16

 

$19

 

$18

Amounts Not Yet Reflected In SERP Expense And Included In Accumulated Other Comprehensive Loss (Pre-Tax)
Amounts not yet reflected in SERP expense and included in accumulated other comprehensive loss (pre-tax) consist of the following:
 
January 31, 2015

 
February 1, 2014

Accumulated loss

($78
)
 

($47
)
Prior service credit (cost)
6

 
(1
)
Total accumulated other comprehensive loss

($72
)
 

($48
)
Weighted-Average Assumptions Used To Determine Benefit Obligations And SERP Expense
Weighted-average assumptions used to determine our benefit obligation and SERP expense are as follows:
Fiscal year
2014

 
2013

 
2012

Assumptions used to determine benefit obligation:
 
 
 
 
 
Discount rate
3.70
%
 
4.60
%
 
4.30
%
Rate of compensation increase
3.00
%
 
3.00
%
 
3.00
%
Assumptions used to determine SERP expense:
 
 
 
 
 
Discount rate
4.60
%
 
4.30
%
 
4.50
%
Rate of compensation increase
3.00
%
 
3.00
%
 
3.00
%
Expected Future Benefit Payments Including Benefits Attributable To Estimated Future Employee Service
As of January 31, 2015, the expected future benefit payments based upon the assumptions described above and including benefits attributable to estimated future employee service are as follows:
Fiscal year
 
2015

$8

2016
9

2017
9

2018
9

2019
10

2020 – 2024
59