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Benefit Plans
9 Months Ended
Oct. 31, 2020
Pension and Other Postretirement Benefits Cost (Reversal of Cost) [Abstract]  
Benefit Plans Benefit Plans
The Company has defined contribution plans which cover substantially all colleagues who work 1,000 hours or more in a year. In addition, the Company has a funded defined benefit plan ("Pension Plan") and an unfunded defined benefit supplementary retirement plan ("SERP"), which provides benefits, for certain colleagues, in excess of qualified plan limitations. Effective January 1, 2012, the Pension Plan was closed to new participants, with limited exceptions, and effective January 2, 2012, the SERP was closed to new participants.
In February 2013, the Company announced changes to the Pension Plan and SERP whereby eligible colleagues no longer earn future pension service credits after December 31, 2013, with limited exceptions. All retirement benefits attributable to service in subsequent periods are provided through defined contribution plans.
In addition, certain retired colleagues currently are provided with specified health care and life insurance benefits ("Postretirement Obligations"). Eligibility requirements for such benefits vary, but generally state that benefits are available to eligible colleagues who were hired prior to a certain date and retire after a certain age with specified years of service. Certain colleagues are subject to having such benefits modified or terminated.
The defined contribution plan expense and actuarially determined components of the net periodic benefit cost (income) associated with the defined benefit plans are as follows:
13 Weeks Ended39 Weeks Ended
October 31, 2020November 2, 2019October 31, 2020November 2, 2019
(millions)(millions)
401(k) Qualified Defined Contribution Plan$17 $25 $49 $74 
Non-Qualified Defined Contribution Plan$— $— $— $
Pension Plan
Service cost$$$$
Interest cost13 26 51 78 
Expected return on assets(46)(48)(138)(144)
Recognition of net actuarial loss11 31 21 
Amortization of prior service credit— — — — 
$(21)$(13)$(52)$(41)
Supplementary Retirement Plan
Service cost$— $— $— $— 
Interest cost11 17 
Recognition of net actuarial loss
Amortization of prior service cost— — — — 
$$$20 $23 
Total Retirement Expense
$$19 $17 $58 
Postretirement Obligations
Service cost$— $— $— $— 
Interest cost
Recognition of net actuarial gain(1)(1)(4)(4)
Amortization of prior service credit— — — — 
$— $— $(1)$(1)

In connection with the Company's defined benefit plans, for the 13 and 39 weeks ended October 31, 2020, the Company incurred non-cash settlement charges of $26 million and $65 million, respectively. For the 13 and 39 weeks ended November 2, 2019, the Company incurred a non-cash settlement charge of $12 million. These charges relate to the pro-rata recognition of net actuarial losses associated with the Company's defined benefit plans and are the result of an increase in lump sum distributions associated with retiree distribution elections and restructuring activity.