COMPANY- SPONSORED BENEFIT PLANS (Tables)

12 Months Ended

Feb. 01, 2025

COMPANY- SPONSORED BENEFIT PLANS

Schedule of amounts recognized in AOCI (pre-tax)

	Pension Benefits				Other Benefits				Total
	2024		2023		2024		2023		2024		2023
Net actuarial loss (gain)	$	850	$	817	$	(79)	$	(92)	$	771	$	725
Prior service credit		—		—		(10)		(11)		(10)		(11)
Total	$	850	$	817	$	(89)	$	(103)	$	761	$	714

Schedule of other changes recognized in other comprehensive income (loss) (pre-tax)

	Pension Benefits						Other Benefits						Total
	2024		2023		2022		2024		2023		2022		2024		2023		2022
Incurred net actuarial loss	$	42	$	42	$	101	$	—	$	4	$	15	$	42	$	46	$	116
Amortization of prior service credit		—		—		—		4		11		13		4		11		13
Amortization of net actuarial (loss) gain		(9)		(10)		(31)		10		13		11		1		3		(20)
Total recognized in other comprehensive income	$	33	$	32	$	70	$	14	$	28	$	39	$	47	$	60	$	109
Total recognized in net periodic benefit cost and other comprehensive income	$	32	$	36	$	58	$	13	$	15	$	25	$	45	$	51	$	83

Schedule of change in benefit obligation, change in plan assets and the funded status of the plans recorded in the Consolidated Balance Sheets and net amounts recognized at the end of fiscal years

	Pension Benefits
	Qualified Plans				Non-Qualified Plans				Other Benefits
	2024		2023		2024		2023		2024		2023
Change in benefit obligation:
Benefit obligation at beginning of fiscal year	$	2,368	$	2,463	$	256	$	271	$	168	$	165
Service cost		6		17		—		—		4		4
Interest cost		119		116		13		13		9		8
Plan participants’ contributions		3		4		—		—		9		9
Actuarial (gain) loss		(62)		(42)		(5)		(3)		2		—
Plan settlements		—		(11)		(2)		(1)		—		—
Benefits paid		(175)		(165)		(21)		(24)		(23)		(21)
Other		(9)		(14)		—		—		(2)		3
Benefit obligation at end of fiscal year	$	2,250	$	2,368	$	241	$	256	$	167	$	168
Change in plan assets:
Fair value of plan assets at beginning of fiscal year	$	2,399	$	2,496	$	—	$	—	$	—	$	—
Actual return on plan assets		37		65		—		—		—		—
Employer contributions		—		27		23		26		14		12
Plan participants’ contributions		3		4		—		—		9		9
Plan settlements		—		(11)		(2)		(2)		—		—
Benefits paid		(175)		(165)		(21)		(24)		(23)		(21)
Other		(5)		(17)		—		—		—		—
Fair value of plan assets at end of fiscal year	$	2,259	$	2,399	$	—	$	—	$	—	$	—
Funded (unfunded) status and net asset and liability recognized at end of fiscal year	$	9	$	31	$	(241)	$	(256)	$	(167)	$	(168)

Schedule of weighted-average assumptions associated with pension and other benefit costs

	Pension Benefits						Other Benefits
Weighted average assumptions	2024		2023		2022		2024		2023		2022
Discount rate — Benefit obligation	5.60	%	5.27	%	4.90	%	5.54	%	5.21	%	4.86	%
Discount rate — Net periodic benefit cost	5.27	%	4.90	%	3.17	%	5.21	%	4.86	%	3.01	%
Expected long-term rate of return on plan assets	5.50	%	5.50	%	5.50	%
Rate of compensation increase — Net periodic benefit cost	2.52	%	2.57	%	3.05	%
Rate of compensation increase — Benefit obligation(1)	—		2.52	%	2.57	%
Cash Balance plan interest crediting rate	3.30	%	3.30	%	3.30	%

(1) The Rate of compensation increase-Benefit obligation assumption is not applicable for 2024 due to negotiated plan freezes related to certain union benefits that were accruing in 2024.

Schedule of components of net periodic benefit cost (benefit)

	Pension Benefits
	Qualified Plans						Non-Qualified Plans						Other Benefits
	2024		2023		2022		2024		2023		2022		2024		2023		2022
Components of net periodic benefit cost:
Service cost	$	6	$	17	$	8	$	—	$	—	$	—	$	4	$	4	$	5
Interest cost		119		116		92		13		13		10		9		8		5
Expected return on plan assets		(148)		(150)		(153)		—		—		—		—		—		—
Amortization of:
Prior service credit		—		—		—		—		—		—		(4)		(11)		(13)
Actuarial loss (gain)		7		5		22		2		4		5		(10)		(13)		(11)
Settlement loss recognized		—		1		4		—		—		—		—		—		—
Other		—		—		—		—		(2)		—		—		(1)		—
Net periodic benefit cost	$	(16)	$	(11)	$	(27)	$	15	$	15	$	15	$	(1)	$	(13)	$	(14)

Schedule of projected benefit obligation ("PBO"), accumulated benefit obligation ("ABO") and the fair value of plan assets for all Company-sponsored pension plans

	Qualified Plans				Non-Qualified Plans
	2024		2023		2024		2023
PBO at end of fiscal year	$	196	$	159	$	240	$	256
Fair value of plan assets at end of year	$	180	$	150	$	—	$	—

	Qualified Plans				Non-Qualified Plans
	2024		2023		2024		2023
ABO at end of fiscal year	$	196	$	159	$	240	$	256
Fair value of plan assets at end of year	$	180	$	150	$	—	$	—

Schedule of estimated future benefit payments for defined benefit pension plans and other benefits

	Pension		Other
	Benefits		Benefits
2025	$	226	$	13
2026	$	213	$	15
2027	$	212	$	16
2028	$	210	$	16
2029	$	207	$	17
2030 —2034	$	966	$	83

Schedule of target and actual pension plan asset allocations

			Actual
	Target allocations		Allocations
	2024		2024		2023
Pension plan asset allocation
Global equity securities	5.0	%	6.5	%	5.4	%
Investment grade debt securities	79.5		79.1		78.9
High yield debt securities	3.0		3.5		3.1
Private equity	8.0		7.5		8.5
Hedge funds	3.0		2.0		2.4
Real estate	1.5		1.4		1.7
Total	100.0	%	100.0	%	100.0	%

Schedule of fair values of defined benefit pension plan assets

Assets at Fair Value as of February 1, 2025

	Quoted Prices in				Significant
	Active Markets for		Significant Other		Unobservable		Assets
	Identical Assets		Observable Inputs		Inputs		Measured
	(Level 1)		(Level 2)		(Level 3)		at NAV		Total
Cash and cash equivalents	$	129	$	—	$	—	$	—	$	129
Corporate Stocks		2		—		—		—		2
Corporate Bonds		—		847		—		—		847
U.S. Government Securities		—		151		—		—		151
Mutual Funds		92		—		—		—		92
Collective Trusts		—		—		—		737		737
Hedge Funds		—		—		25		20		45
Private Equity		—		—		—		166		166
Real Estate		—		—		20		13		33
Other		—		57		—		—		57
Total	$	223	$	1,055	$	45	$	936	$	2,259

Assets at Fair Value as of February 3, 2024

	Quoted Prices in				Significant
	Active Markets for		Significant Other		Unobservable		Assets
	Identical Assets		Observable Inputs		Inputs		Measured
	(Level 1)		(Level 2)		(Level 3)		at NAV		Total
Cash and cash equivalents	$	151	$	—	$	—	$	—	$	151
Corporate Stocks		2		—		—		—		2
Corporate Bonds		—		1,092		—		—		1,092
U.S. Government Securities		—		140		—		—		140
Mutual Funds		108		—		—		—		108
Collective Trusts		—		—		—		513		513
Hedge Funds		—		—		29		29		58
Private Equity		—		—		—		203		203
Real Estate		—		—		24		15		39
Other		—		93		—		—		93
Total	$	261	$	1,325	$	53	$	760	$	2,399

Schedule of reconciliation of beginning and ending balances for measurements using significant unobservable inputs (Level 3)

	Hedge Funds		Real Estate
Ending balance, January 28, 2023	$	31	$	28
Contributions into fund		—		1
Realized gains		1		—
Unrealized gains (losses)		1		(3)
Distributions		(4)		(2)
Ending balance, February 3, 2024		29		24
Contributions into fund		—		2
Realized gains (losses)		2		(4)
Unrealized (losses) gains		(1)		2
Distributions		(5)		(4)
Ending balance, February 1, 2025	$	25	$	20