XML 44 R30.htm IDEA: XBRL DOCUMENT v3.6.0.2
Postretirement Benefits (Tables)
 12 Months Ended
Jan. 28, 2017
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Abstract]  
Benefit Obligations And Funded Status
Our benefit obligation and funded status is as follows:
 
January 28, 2017

 
January 30, 2016

Change in benefit obligation:
 
 
 
Benefit obligation at beginning of year

$181

 

$203

Participant service cost
3

 
3

Interest cost
7

 
7

Benefits paid
(7
)
 
(6
)
Actuarial loss (gain)
4

 
(26
)
Benefit obligation at end of year
188

 
181

Change in plan assets:
 
 
 
Fair value of plan assets at beginning of year
—

 
—

Employer contribution
7

 
6

Benefits paid
(7
)
 
(6
)
Fair value of plan assets at end of year
—

 
—

Underfunded status at end of year

($188
)
 

($181
)
Amounts Recognized As Liabilities In The Consolidated Balance Sheets
Amounts recognized as liabilities in the Consolidated Balance Sheets consist of the following:
 
January 28, 2017

 
January 30, 2016

Accrued salaries, wages and related benefits

$8

 

$8

Other noncurrent liabilities
180

 
173

Net amount recognized

$188

 

$181
Components Of SERP Expense Recognized In The Consolidated Statements Of Earnings
The components of SERP expense recognized in the Consolidated Statements of Earnings are as follows:
Fiscal year
2016

 
2015

 
2014

Participant service cost

$3

 

$3

 

$3

Interest cost
7

 
7

 
7

Amortization of net loss and other
3

 
11

 
6

Total SERP expense

$13

 

$21

 

$16
Amounts Not Yet Reflected In SERP Expense And Included In Accumulated Other Comprehensive Loss (Pre-Tax)
Amounts not yet reflected in SERP expense and included in accumulated other comprehensive loss (pre-tax) consist of the following:
 
January 28, 2017

 
January 30, 2016

Accumulated loss

($41
)
 

($41
)
Prior service credit
4

 
5

Total accumulated other comprehensive loss

($37
)
 

($36
)
Weighted-Average Assumptions Used To Determine Benefit Obligations And SERP Expense
Weighted-average assumptions used to determine our benefit obligation and SERP expense are as follows:
Fiscal year
2016

 
2015

 
2014

Assumptions used to determine benefit obligation:
 
 
 
 
 
Discount rate
4.31
%
 
4.55
%
 
3.70
%
Rate of compensation increase
3.00
%
 
3.00
%
 
3.00
%
Assumptions used to determine SERP expense:
 
 
 
 
 
Discount rate
4.55
%
 
3.70
%
 
4.60
%
Rate of compensation increase
3.00
%
 
3.00
%
 
3.00
%
Expected Future Benefit Payments Including Benefits Attributable To Estimated Future Employee Service
As of January 28, 2017, the expected future benefit payments based upon the assumptions described above and including benefits attributable to estimated future employee service are as follows:
Fiscal year
 
2017

$8

2018
9

2019
10

2020
11

2021
11

2022 – 2026
60