ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

12 Months Ended

Feb. 01, 2020

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 years ended February 1, 2020 and February 2, 2019:


					Pension and
	Cash Flow				Postretirement
	Hedging		Available for sale		Defined Benefit
	Activities⁽¹⁾		Securities⁽¹⁾		Plans⁽¹⁾		Total⁽¹⁾
Balance at February 3, 2018	$	24	$	4	$	(499)	$	(471)
OCI before reclassifications⁽²⁾		(23)		(4)		104		77
Amounts reclassified out of AOCI⁽³⁾		5		—		43		48
Net current-period OCI		(18)		(4)		147		125
Balance at February 2, 2019	$	6	$	—	$	(352)	$	(346)

Balance at February 2, 2019	$	6	$	—	$	(352)	$	(346)
Cumulative effect of accounting change⁽⁴⁾		(5)		—		(141)		(146)
OCI before reclassifications⁽²⁾		(47)		—		(134)		(181)
Amounts reclassified out of AOCI⁽³⁾		4		—		29		33
Net current-period OCI		(48)		—		(246)		(294)
Balance at February 1, 2020	$	(42)	$	—	$	(598)	$	(640)

(1)	All amounts are net of tax.

(2)

Net of tax of $(8), $(1) and $32 for cash flow hedging activities, available for sale securities and pension and postretirement defined benefit plans, respectively, as of February 2, 2019. Net of tax of ($17) and ($42) for cash flow hedging activities and pension and postretirement defined benefit plans, respectively, as of February 1, 2020.

(3)	Net of tax of $13 and $3 for pension and postretirement defined benefit plans and cash flow hedging activities, respectively, as of February 2, 2019. Net of tax of $9 and $3 for pension and postretirement defined benefit plans and cash flow hedging activities, respectively, as of February 1, 2020.

(4)	Related to the adoption of ASU 2018-02, “Income Statement – Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income,” (see Note 18 for additional details).

The following table represents the items reclassified out of AOCI and the related tax effects for the years ended February 1, 2020, February 2, 2019 and February 3, 2018:


	For the year ended		For the year ended		For the year ended
	February 1, 2020		February 2, 2019		February 3, 2018

Cash flow hedging activity items
Amortization of gains and losses on cash flow hedging activities⁽¹⁾	$	7	$	8	$	6
Tax expense		(3)		(3)		(3)
Net of tax		4		5		3

Pension and postretirement defined benefit plan items
Amortization of amounts included in net periodic pension cost⁽²⁾		38		56		69
Tax expense		(9)		(13)		(20)
Net of tax		29		43		49
Total reclassifications, net of tax	$	33	$	48	$	52

(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.