Accumulated Other Comprehensive Loss

12 Months Ended

Jan. 31, 2025

Other Comprehensive Income (Loss), Tax [Abstract]

The following table provides the changes in the composition of total accumulated other comprehensive loss for fiscal 2025, 2024 and 2023:


(Amounts in millions and net of immaterial income taxes)	Currency Translation and Other		Cash Flow Hedges		Total
Balances as of February 1, 2022	$	(8,018)	$	(748)	$	(8,766)
Other comprehensive loss before reclassifications, net	(1,140)		(571)		(1,711)
Return of currency translation to parent(1)	(1,262)		—		(1,262)
Reclassifications to income, net	(309)		368		59
Balances as of January 31, 2023	(10,729)		(951)		(11,680)
Other comprehensive income (loss) before reclassifications, net	322		(8)		314

Reclassifications to income, net	—		64		64
Balances as of January 31, 2024	(10,407)		(895)		(11,302)
Other comprehensive loss before reclassifications, net	(2,161)		(198)		(2,359)

Reclassifications to income, net	(93)		149		56
Balances as of January 31, 2025	$	(12,661)	$	(944)	$	(13,605)

(1) Upon closing of the noncontrolling interest shareholder buyout of the Company's Massmart subsidiary during the fourth quarter of fiscal 2023, the cumulative amount of currency translation was reallocated from the Company's noncontrolling interest back to the Company. Refer to Note 3.

Amounts reclassified from accumulated other comprehensive loss for cash flow hedges are generally recorded in interest, net, in the Company's Consolidated Statements of Income. Amounts reclassified related to the cumulative translation for settlements of foreign-denominated bonds and associated cross-currency swaps are recorded in operating, selling, general and administrative expenses in the Company's Consolidated Statements of Income.