Accumulated Other Comprehensive Loss

9 Months Ended

Oct. 28, 2017

Accumulated Other Comprehensive Loss [Abstract]

Accumulated Other Comprehensive Loss

8. Accumulated Other Comprehensive Loss

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

	October 28,		October 29,		January 28,
	2017		2016		2017
	($ in millions)
Foreign currency translation adjustments	$	(57)	$	(116)	$	(127)
Cash flow hedges		2		6		1
Unrecognized pension cost and postretirement benefit		(231)		(243)		(236)
Unrealized loss on available-for-sale security		—		—		(1)
	$	(286)	$	(353)	$	(363)

The changes in AOCL for the thirty-nine weeks ended October 28, 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		70		1		(1)		1		71
Reclassified from AOCL		—		—		6		—		6
Other comprehensive income		70		1		5		1		77
Balance as of October 28, 2017	$	(57)	$	2	$	(231)	$	—	$	(286)

Reclassifications from AOCL for the thirty-nine weeks ended October 28, 2017 were as follows:

		($ in millions)
Amortization of actuarial (gain) loss:
Pension benefits- amortization of actuarial loss	$	10
Postretirement benefits- amortization of actuarial gain		(1)
Net periodic benefit cost (see Note 12)		9
Income tax benefit		(3)
Net of tax	$	6