Accumulated Other Comprehensive Loss

12 Months Ended

Feb. 01, 2020

Accumulated Other Comprehensive Loss [Abstract]

Accumulated Other Comprehensive Loss

16. Accumulated Other Comprehensive Loss

AOCL, net of tax, is comprised of the following:

	2019		2018		2017
	($ in millions)
Foreign currency translation adjustments	$	(104)	$	(84)	$	(9)
Cash flow hedges		(3)		—		—
Unrecognized pension cost and postretirement benefit		(287)		(286)		(270)
	$	(394)	$	(370)	$	(279)

The changes in AOCL for the year ended February 1, 2020 were as follows:

	Foreign				Items Related
	Currency				to Pension and
	Translation		Cash Flow		Postretirement
($ in millions)	Adjustments		Hedges		Benefits		Total
Balance as of February 2, 2019	$	(84)	$	—	$	(286)	$	(370)
OCI before reclassification		(20)		(3)		—		(23)
Amortization of pension actuarial loss, net of tax		—		—		8		8
Pension remeasurement, net of tax		—		—		(9)		(9)
Other comprehensive income		(20)		(3)		(1)		(24)
Balance as of February 1, 2020	$	(104)	$	(3)	$	(287)	$	(394)

Reclassifications to income from AOCL for the year ended February 1, 2020 were as follows:

	($ in millions)
Amortization of actuarial (gain) loss:
Pension benefits- amortization of actuarial loss	$	12
Postretirement benefits- amortization of actuarial gain		(1)
Net periodic benefit cost (see Note 20)		11
Income tax benefit		(3)
Total, net of tax	$	8