ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

9 Months Ended

Nov. 07, 2015

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

11.   ACCUMULATED  OTHER  COMPREHENSIVE INCOME (LOSS)

The following table represents the changes in AOCI by component for the first three quarters of 2014 and 2015:

	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)	4			7		—			11
Amounts reclassified out of AOCI(3)	—			—		18			18
Net current-period OCI	4			7		18			29
Balance at November 8, 2014	$	(21	)	$	19	$	(433	)	$	(435	)
Balance at January 31, 2015	$	(49	)	$	17	$	(780	)	$	(812	)
OCI before reclassifications(2)	14			8		—			22
Amounts reclassified out of AOCI(3)	—			—		41			41
Net current-period OCI	14			8		41			63
Balance at November 7, 2015	$	(35	)	$	25	$	(739	)	$	(749	)

(1) All amounts are net of tax.

(2) Net of tax of $2 and $4 for cash flow hedging activities and available for sale securities, respectively, for the first three quarters of 2014.  Net of tax of $8 and $5 for cash flow hedging activities and available for sale securities, respectively, for the first three quarters of 2015.

(3) Net of tax of $11 for pension and postretirement defined benefit plans for the first three quarters of 2014 and $25 for pension and postretirement defined benefit plans for the first three quarters of 2015.

The following table represents the items reclassified out of AOCI and the related tax effects for the third quarter and first three quarters of 2015 and 2014:

	Third Quarter Ended						Three Quarters Ended
	November 7, 2015			November 8, 2014			November 7, 2015			November 8, 2014
Pension and postretirement defined benefit plan items
Amortization of amounts included in net periodic pension expense(1)	20			8			66			29
Tax expense	(8		)	(3		)	(25		)	(11		)
Net of tax	12			5			41			18
Total reclassifications, net of tax	$	12		$	5		$	41		$	18

(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 5 to the Company’s Consolidated Financial Statements for additional details).