Accumulated Other Comprehensive Loss

3 Months Ended

Apr. 30, 2016

Accumulated Other Comprehensive Loss [Abstract]

Accumulated Other Comprehensive Loss

5. Accumulated Other Comprehensive Loss

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

	April 30,		May 2,		January 30,
	2016		2015		2016
	($ in millions)
Foreign currency translation adjustments	$	(75)	$	(74)	$	(119)
Cash flow hedges		2		(4)		2
Unrecognized pension cost and postretirement benefit		(249)		(239)		(248)
Unrealized loss on available-for-sale security		(1)		(1)		(1)
	$	(323)	$	(318)	$	(366)

The changes in AOCL for the thirteen weeks ended April 30, 2016 were as follows:

	Foreign				Items Related		Unrealized
	Currency				to Pension and		Loss on
	Translation		Cash Flow		Postretirement		Available-For-
($ in millions)	Adjustments		Hedges		Benefits		Sale Security		Total
Balance as of January 30, 2016	$	(119)	$	2	$	(248)	$	(1)	$	(366)
OCI before reclassification		44		—		(3)		—		41
Reclassified from AOCI		—		—		2		—		2
Other comprehensive income/ (loss)		44		—		(1)		—		43
Balance as of April 30, 2016	$	(75)	$	2	$	(249)	$	(1)	$	(323)

Reclassifications from AOCL for the thirteen weeks ended April 30, 2016 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 9)		3
Income tax benefit		(1)
Net of tax	$	2