Accumulated Other Comprehensive Loss

3 Months Ended

Apr. 29, 2017

Accumulated Other Comprehensive Loss [Abstract]

Accumulated Other Comprehensive Loss

6. Accumulated Other Comprehensive Loss

Accumulated other comprehensive loss (“AOCL”), net of tax, is comprised of the following:

	April 29,		April 30,		January 28,
	2017		2016		2017
	($ in millions)
Foreign currency translation adjustments	$	(123)	$	(75)	$	(127)
Cash flow hedges		—		2		1
Unrecognized pension cost and postretirement benefit		(233)		(249)		(236)
Unrealized loss on available-for-sale security		(1)		(1)		(1)
	$	(357)	$	(323)	$	(363)

The changes in AOCL for the thirteen weeks ended April 29, 2017 were as follows:

					Items Related
	Foreign Currency				to Pension and		Unrealized Loss on
	Translation		Cash Flow		Postretirement		Available-For-
($ in millions)	Adjustments		Hedges		Benefits		Sale Security		Total
Balance as of January 28, 2017	$	(127)	$	1	$	(236)	$	(1)	$	(363)
OCI before reclassification		4		(1)		1		—		4
Reclassified from AOCL		—		—		2		—		2
Other comprehensive income		4		(1)		3		—		6
Balance as of April 29, 2017	$	(123)	$	—	$	(233)	$	(1)	$	(357)

Reclassifications from AOCL for the thirteen weeks ended April 29, 2017 were as follows:

		($ in millions)
Amortization of actuarial (gain) loss:
Pension benefits- amortization of actuarial loss	$	3
Postretirement benefits- amortization of actuarial gain		—
Net periodic benefit cost (see Note 10)		3
Income tax benefit		(1)
Net of tax	$	2