ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

4 Months Ended

May. 23, 2015

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

Schedule of changes in AOCI by component

	Cash Flow Hedging Activities(1)			Available for sale Securities(1)			Pension and Postretirement Defined Benefit Plans(1)			Total(1)
Balance at February 1, 2014	$	(25	)	$	12		$	(451	)	$	(464	)
OCI before reclassifications(2)	—			(1		)	—			(1		)
Amounts reclassified out of AOCI(3)	—			—			8			8
Net current-period OCI	—			(1		)	8			7
Balance at May 24, 2014	$	(25	)	$	11		$	(443	)	$	(457	)
Balance at January 31, 2015	$	(49	)	$	17		$	(780	)	$	(812	)
OCI before reclassifications(2)	20			3			—			23
Amounts reclassified out of AOCI(3)	—			—			16			16
Net current-period OCI	20			3			16			39
Balance at May 23, 2015	$	(29	)	$	20		$	(764	)	$	(773	)

(1) All amounts are net of tax.

(2) Net of tax of $(1) for available for sale securities for the first quarter of 2014 and $12 and $1 for cash flow hedging activities and available for sale securities, respectively, for the first quarter of 2015.

(3) Net of tax of $4 for pension and postretirement defined benefit plans for the first quarter of 2014 and $9 for pension and postretirement defined benefit plans for the first quarter of 2015.

Schedule of items reclassified out of AOCI and the related tax effects

	First Quarter Ended May 23, 2015			First Quarter Ended May 24, 2014
Pension and postretirement defined benefit plan items
Amortization of amounts included in net periodic pension expense(1)	25			12
Tax expense	(9		)	(4		)
Net of tax	16			8
Total reclassifications, net of tax	$	16		$	8

(1) Reclassified from AOCI into merchandise costs and operating, general and administrative expense.  These components are included in the computation of net periodic pension expense (see Note 4 to the Company’s Consolidated Financial Statements for additional details).