Accumulated Other Comprehensive Loss

12 Months Ended

Jan. 30, 2015

Accumulated Other Comprehensive Loss

Accumulated Other Comprehensive Loss:

The components of accumulated other comprehensive loss were as follows:

	January 30, 2015			January 31, 2014
	(in millions)
Foreign currency translation adjustments, net of taxes of $0 million and $(1) million as of January 30, 2015 and January 31, 2014, respectively	$	1		$	2
Unrecognized net loss on settled derivative instruments associated with outstanding debt, net of taxes of $3 million as of January 30, 2015 and January 31, 2014, respectively	(5		)	(5		)
Unrecognized loss on defined benefit plan, net of taxes of $5 million and $2 million as of January 30, 2015 and January 31, 2014, respectively	(7		)	(3		)
Total accumulated other comprehensive loss, net of taxes of $8 million and $4 million as of January 30, 2015 and January 31, 2014, respectively	$	(11	)	$	(6	)

Reclassifications from other comprehensive income to net income, relating to foreign currency translation adjustments, unrecognized net gain (loss) on settled derivative instruments associated with outstanding debt and the unrecognized net gain (loss) on defined benefit plan for the years ended January 30, 2015 and January 31, 2014, respectively, were not material. Reclassifications for foreign currency translation adjustments and unrecognized gain (loss) on settled derivative instruments associated with outstanding debt are recorded in other income, net, and reclassifications for unrecognized net gain (loss) on defined benefit plan is recorded in selling, general and administrative expenses.

Leidos, Inc.

Accumulated Other Comprehensive Loss

Accumulated Other Comprehensive Loss:

The components of accumulated other comprehensive loss were as follows:

	January 30, 2015			January 31, 2014
	(in millions)
Foreign currency translation adjustments, net of taxes of $0 million and $(1) million as of January 30, 2015 and January 31, 2014, respectively	$	1		$	2
Unrecognized net loss on settled derivative instruments associated with outstanding debt, net of taxes of $3 million as of January 30, 2015 and January 31, 2014, respectively	(5		)	(5		)
Unrecognized loss on defined benefit plan, net of taxes of $5 million and $2 million as of January 30, 2015 and January 31, 2014, respectively	(7		)	(3		)
Total accumulated other comprehensive loss, net of taxes of $8 million and $4 million as of January 30, 2015 and January 31, 2014, respectively	$	(11	)	$	(6	)

Reclassifications from other comprehensive income to net income, relating to foreign currency translation adjustments, unrecognized net gain (loss) on settled derivative instruments associated with outstanding debt and the unrecognized net gain (loss) on defined benefit plan for the years ended January 30, 2015 and January 31, 2014, respectively, were not material. Reclassifications for foreign currency translation adjustments and unrecognized gain (loss) on settled derivative instruments associated with outstanding debt are recorded in other income, net, and reclassifications for unrecognized net gain (loss) on defined benefit plan is recorded in selling, general and administrative expenses.