ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

4 Months Ended

May 24, 2025

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS).

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

6. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The following table represents the changes in AOCI by component for the first quarters of 2025 and 2024:

			Pension and
	Cash Flow		Postretirement
	Hedging		Defined Benefit
	Activities(1)		Plans(1)		Total(1)
Balance at February 3, 2024	$	60	$	(549)	$	(489)
OCI before reclassifications(2)		70		—		70
Amounts reclassified out of AOCI(3)		2		(2)		—
Net current-period OCI		72		(2)		70
Balance at May 25, 2024	$	132	$	(551)	$	(419)
Balance at February 1, 2025	$	(35)	$	(586)	$	(621)
OCI before reclassifications(2)		1		—		1
Amounts reclassified out of AOCI(3)		2		(1)		1
Net current-period OCI		3		(1)		2
Balance at May 24, 2025	$	(32)	$	(587)	$	(619)

(1) All amounts are net of tax.

(2) Net of tax of $21 for cash flow hedging activities for the first quarter of 2024 and $1 for the first quarter of 2025.

(3) Net of tax of $1 for cash flow hedging activities in the first quarters of 2024 and 2025.

The following table represents the items reclassified out of AOCI and the related tax effects for the first quarters of 2025 and 2024:

	First Quarter Ended
	May 24,		May 25,
	2025		2024
Cash flow hedging activity items:
Amortization of gains and losses on cash flow hedging activities(1)	$	3	$	3
Tax expense		(1)		(1)
Net of tax		2		2
Pension and postretirement defined benefit plan items:
Amortization of amounts included in net periodic pension cost(2)		(1)		(2)
Tax expense		—		—
Net of tax		(1)		(2)
Total reclassifications, net of tax	$	1	$	—

(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 cost (see Note 3 for additional details).