ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

9 Months Ended

Nov. 03, 2019

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

NOTE 8 – ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

Accumulated OCI ("AOCI") consists of accumulated net unrealized gains or losses associated with foreign currency translation adjustments and the changes in the fair value of derivatives designated as cash flow hedges.

The balances and changes in AOCI, net of tax by component for the three and nine months ended November 3, 2019 and October 28, 2018 was as follows (amounts in millions):

	Three Months Ended				Nine Months Ended
	November 3,		October 28,		November 3,		October 28,
	2019		2018		2019		2018
Foreign currency translation adjustment:
Beginning balance	$	(15)	$	(15)	$	(15)	$	(17)
Other comprehensive income (loss) before reclassifications		—		—		—		2
Amounts reclassified from accumulated OCI into earnings		—		—		—		—
Ending balance	$	(15)	$	(15)	$	(15)	$	(15)
Cash flow hedge, net of tax:
Beginning balance	$	(36)	$	—	$	(15)	$	—
Other comprehensive income (loss) before reclassifications		(2)		(5)		(25)		(5)
Amounts reclassified from accumulated OCI into earnings(1)		2		1		4		1
Other		—		(1)		—		(1)
Ending balance, net of tax of $12, $1 , $12, and $1	$	(36)	$	(5)	$	(36)	$	(5)
Total ending balance of AOCI	$	(51)	$	(20)	$	(51)	$	(20)

(1) Unrealized loss reclassified into Interest expense.