ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

6 Months Ended

Aug. 18, 2018

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

9.ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The following table represents the changes in AOCI by component for the first two quarters of 2018 and 2017:

					Pension and
	Cash Flow				Postretirement
	Hedging		Available for sale		Defined Benefit
	Activities(1)		Securities(1)		Plans(1)		Total(1)
Balance at January 28, 2017	$	(2)	$	—	$	(713)	$	(715)
OCI before reclassifications(2)		(35)		—		—		(35)
Amounts reclassified out of AOCI(3)		1		—		23		24
Net current-period OCI		(34)		—		23		(11)
Balance at August 12, 2017	$	(36)	$	—	$	(690)	$	(726)
Balance at February 3, 2018	$	24	$	4	$	(499)	$	(471)
OCI before reclassifications(2)		—		(4)		—		(4)
Amounts reclassified out of AOCI(3)		2		—		23		25
Net current-period OCI		2		(4)		23		21
Balance at August 18, 2018	$	26	$	—	$	(476)	$	(450)

(1) All amounts are net of tax.

(2) Net of tax of $(20) for cash flow hedging activities for the first two quarters of 2017.  Net of tax of $(1) for cash flow hedging activities and $(1) for available for sale securities for the first two quarters of 2018.

(3) Net of tax of $1 for cash flow hedging activities and $14 for pension and postretirement defined benefit plans for the first two quarters of 2017.  Net of tax of $2 for cash flow hedging activities and $7 for pension and postretirement defined benefit plans for the first two quarters of 2018.   

The following table represents the items reclassified out of AOCI and the related tax effects for the second quarter and first two quarters of 2018 and 2017:

	Second Quarter Ended				Two Quarters Ended
	August 18,		August 12,		August 18,		August 12,
	2018		2017		2018		2017
Cash flow hedging activity items
Amortization of gains and losses on cash flow hedging activities(1)	$	2	$	2	$	4	$	2
Tax expense		(1)		(1)		(2)		(1)
Net of tax		1		1		2		1
Pension and postretirement defined benefit plan items
Amortization of amounts included in net periodic pension expense(2)		11		16		30		37
Tax expense		(3)		(6)		(7)		(14)
Net of tax		8		10		23		23
Total reclassifications, net of tax	$	9	$	11	$	25	$	24

(1) Reclassified from AOCI into interest expense.

(2) Reclassified from AOCI into non-service component of company-sponsored pension plan costs.  These components are included in the computation of net periodic pension expense (see Note 4 for additional details).