Accumulated Other Comprehensive Loss

12 Months Ended

Feb. 02, 2019

Accumulated Other Comprehensive Loss [Abstract]

Accumulated Other Comprehensive Loss

16. Accumulated Other Comprehensive Loss

Accumulated other comprehensive loss, net of tax, is comprised of the following:

	2018		2017		2016
	($ in millions)
Foreign currency translation adjustments	$	(84)	$	(9)	$	(127)
Cash flow hedges		—		—		1
Unrecognized pension cost and postretirement benefit		(286)		(270)		(236)
Unrealized loss on available-for-sale security		—		—		(1)
	$	(370)	$	(279)	$	(363)

The changes in accumulated other comprehensive loss for the period ended February 2, 2019 were as follows:

	Foreign		Items Related
	Currency		to Pension and
	Translation		Postretirement
($ in millions)	Adjustments		Benefits		Total
Balance as of February 3, 2018	$	(9)	$	(270)	$	(279)
OCI before reclassification		(75)		2		(73)
Amortization of pension actuarial (gain)/loss, net of tax		—		8		8
Pension remeasurement, net of tax		—		(26)		(26)
Other comprehensive loss		(75)		(16)		(91)
Balance as of February 2, 2019	$	(84)	$	(286)	$	(370)

Reclassifications to income from accumulated other comprehensive loss for the period ended February 2, 2019 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