Note 10 - Pension

3 Months Ended

Apr. 29, 2023

Notes to Financial Statements

Retirement Benefits [Text Block]

10. Pension

The components of net periodic pension benefit expense are presented in the table below. Service cost is recognized as part of SG&A expense, while the other components are recognized as part of Other income / (expense), net.

	Thirteen weeks ended
	April 29,			April 30,
($ in millions)	2023			2022
Service cost	$	1		$	4
Interest cost		6			5
Expected return on plan assets		(7	)		(8	)
Amortization of net loss		3			2
Net benefit expense	$	3		$	3

NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS