NOTE 13—COMPREHENSIVE INCOME (LOSS) AND ACCUMULATED COMPREHENSIVE LOSS

Comprehensive income (loss) is reported in the Consolidated Statements of Comprehensive Income. Comprehensive income includes all changes in stockholders’ equity during the reporting period, other than those resulting from investments by and distributions to stockholders. Our comprehensive income (loss) is calculated as net earnings (loss) including noncontrolling interests, plus or minus adjustments for pension and other postretirement benefit obligations and interest rate swaps, net of tax, less comprehensive income attributable to noncontrolling interests.

Accumulated other comprehensive loss represents the cumulative balance of other comprehensive income (loss), net of tax, as of the end of the reporting period and relates to pension and other postretirement benefit obligation adjustments, net of tax, and interest rate swaps designated as hedges, net of tax. Changes in Accumulated other comprehensive loss by component are as follows:



	Accumulated Other Comprehensive Loss
	Benefit Plans			Interest Rate Swap			Total
February 28, 2015	$	(423	)	$	—		$	(423	)
Other comprehensive loss before reclassifications	(37		)	(4		)	(41		)
Amortization of amounts included in net periodic benefit cost⁽¹⁾	42			—			42
Net Other comprehensive income (loss)	5			(4		)	1
February 27, 2016	(418		)	(4		)	(422		)
Other comprehensive income before reclassifications	97			—			97
Amortization of amounts included in net periodic benefit cost⁽¹⁾	19			—			19
Amortization of cash flow hedge	—			2			2
Pension settlement charges⁽²⁾	26			—			26
Net Other comprehensive income	142			2			144
February 25, 2017	(276		)	(2		)	(278		)
Other comprehensive income before reclassifications	68			1			69
Amortization of amounts included in net periodic benefit income⁽¹⁾	(2		)	—			(2		)
Amortization of cash flow hedge	—			1			1
Net Other comprehensive income	66			2			68
February 24, 2018	$	(210	)	$	—		$	(210	)


(1)	Amortization of amounts included in net periodic benefit (income) cost includes amortization of prior service benefit and amortization of net actuarial loss as reflected in Note 11—Benefit Plans.


(2)	Refer to Note 11—Benefit Plans for additional information on our fiscal 2017 pension settlement charges.

Items reclassified out of Accumulated other comprehensive loss had the following impact on the Consolidated Statements of Operations:



	2018			2017			2016			Affected Line Item on Consolidated Statements of Operations
Pension and postretirement benefit plan obligations:
Amortization of amounts included in net periodic benefit (income) cost⁽¹⁾	$	(3	)	$	28		$	59		Selling and administrative expenses
Amortization of amounts included in net periodic benefit (income) cost⁽¹⁾	—			2			8			Cost of sales
Pension settlement charges	—			42			—			Selling and administrative expenses
Total reclassifications	(3		)	72			67
Income tax expense (benefit)	1			(27		)	(25		)	Income tax provision (benefit)
Total reclassifications, net of tax	$	(2	)	$	45		$	42

Interest rate swap cash flow hedge:
Reclassification of cash flow hedge	$	1		$	3		$	—		Interest expense, net
Income tax benefit	—			(1		)	—			Income tax provision (benefit)
Total reclassifications, net of tax	$	1		$	2		$	—


(1)	Amortization of amounts included in net periodic benefit (income) cost includes amortization of prior service benefit and amortization of net actuarial loss as reflected in Note 11—Benefit Plans.

As of February 24, 2018, we expect to reclassify $1 out of Accumulated other comprehensive loss into Interest expense, net during the following twelve-month period.