Accumulated Other Comprehensive Loss

9 Months Ended

Oct. 31, 2020

Accumulated Other Comprehensive Loss [Abstract]

Accumulated Other Comprehensive Loss

10. Accumulated Other Comprehensive Loss

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

	October 31,		November 2,		February 1,
($ in millions)	2020		2019		2020
Foreign currency translation adjustments	$	(84)	$	(100)	$	(104)
Cash flow hedges		—		(2)		(3)
Unrecognized pension cost and postretirement benefit		(281)		(280)		(287)
	$	(365)	$	(382)	$	(394)

The changes in AOCL for the thirty-nine weeks ended October 31, 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 1, 2020	$	(104)	$	(3)	$	(287)	$	(394)
OCI before reclassification		20		3		(1)		22
Amortization of pension actuarial loss, net of tax		—		—		7		7
Other comprehensive income		20		3		6		29
Balance as of October 31, 2020	$	(84)	$	—	$	(281)	$	(365)

Reclassifications from AOCL for the thirty-nine weeks ended October 31, 2020 were as follows:

	($ in millions)
Amortization of actuarial loss:
Pension benefits	$	9
Income tax benefit		(2)
Total, net of tax	$	7