Accumulated Other Comprehensive Loss (Tables)

3 Months Ended

May 03, 2014

Equity [Abstract]

Accumulated Other Comprehensive Loss

Accumulated other comprehensive loss comprised the following:

	May 3,		May 4,		February 1,
(in millions)	2014		2013		2014
Foreign currency translation adjustments	$	76	$	61	$	57
Cash flow hedges		(1)		2		(2)
Unrecognized pension cost and postretirement benefit		(238)		(252)		(240)
Unrealized loss on available-for-sale security		(1)		—		(1)
	$	(164)	$	(189)	$	(186)

Changes in Accumulated Other Comprehensive Loss

The changes in accumulated other comprehensive loss for the thirteen weeks ended May 3, 2014 were as follows:

							Unrealized
	Foreign				Items related		loss on
	currency				to pension and		available-
	translation		Cash flow		postretirement		for-sale
(in millions)	adjustments		hedges		benefits		security		Total
Balance as of February 1, 2014	$	57		(2)		(240)		(1)	$	(186)
Other comprehensive income before reclassification		19		1		—		—		20
Amounts reclassified from accumulated other comprehensive income		—		—		2		—		2
Other comprehensive income		19		1		2		—		22
Balance as of May 3, 2014	$	76		(1)		(238)		(1)	$	(164)

Reclassification from Accumulated Other Comprehensive Loss

Reclassifications from accumulated other comprehensive loss for the thirteen weeks ended May 3, 2014 were as follows:

 

(in millions)
Amortization of actuarial (gain) loss:
Pension benefits - amortization of actuarial loss	$	4
Postretirement benefits - amortization of actuarial gain		(1)
Net periodic benefit cost (see Note 8)		3
Income tax expense		1
Net of tax	$	2