ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

9 Months Ended

Nov. 05, 2016

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

10.ACCUMULATED  OTHER  COMPREHENSIVE  INCOME (LOSS)

The following table represents the changes in AOCI by component for the first three quarters of 2015 and 2016:

					Pension and
	Cash Flow				Postretirement
	Hedging		Available for sale		Defined Benefit
	Activities(1)		Securities(1)		Plans(1)		Total(1)
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)
Balance at January 30, 2016	$	(51)	$	20	$	(649)	$	(680)
OCI before reclassifications(2)		(52)		(6)		—		(58)
Amounts reclassified out of AOCI(3)		1		(14)		23		10
Net current-period OCI		(51)		(20)		23		(48)
Balance at November 5, 2016	$	(102)	$	—	$	(626)	$	(728)

(1) All amounts are net of tax.

(2) 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. Net of tax of $(31) and $(3) for cash flow hedging activities and available for sale securities, respectively, for the first three quarters of 2016.

(3) Net of tax of $25 for pension and postretirement defined benefit plans for the first three quarters of 2015.  Net of tax of $1 for cash flow hedging activities, $(13) for available for sale securities and $14 for pension and postretirement defined benefit plans for the first three quarters of 2016.

The following table represents the items reclassified out of AOCI and the related tax effects for the third quarter and first three quarters of 2016 and 2015:

	Third Quarter Ended				Three Quarters Ended
	November 5,		November 7,		November 5,		November 7,
	2016		2015		2016		2015
Cash flow hedging activity items
Amortization of gains and losses on cash flow hedging activities(1)	$	1	$	—	$	2	$	—
Tax expense		(1)		—		(1)		—
Net of tax		—		—		1		—
Available for sale security items
Realized gains on available for sale securities(2)		—		—		(27)		—
Tax expense		—		—		13		—
Net of tax		—		—		(14)		—
Pension and postretirement defined benefit plan items
Amortization of amounts included in net periodic pension expense(3)		12		20		37		66
Tax expense		(4)		(8)		(14)		(25)
Net of tax		8		12		23		41
Total reclassifications, net of tax	$	8	$	12	$	10	$	41

(1) Reclassified from AOCI into interest expense.

(2) Reclassified from AOCI into operating, general and administrative expense.

(3) 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).