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SERP (Tables)
12 Months Ended
Jan. 29, 2022
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 29, 2022January 30, 2021
Change in benefit obligation:
Benefit obligation at beginning of year$229 $224 
Participant service cost2 
Interest cost5 
Benefits paid(10)(10)
Actuarial (gain) loss
(14)
Benefit obligation at end of year212 229 
Change in plan assets:
Fair value of plan assets at beginning of year — 
Employer contribution10 10 
Benefits paid(10)(10)
Fair value of plan assets at end of year — 
Underfunded status at end of year($212)($229)
Amounts Recognized As Liabilities In The Consolidated Balance Sheets Amounts recognized as liabilities in the Consolidated Balance Sheets consist of the following:
January 29, 2022January 30, 2021
Accrued salaries, wages and related benefits
$11 $11 
Other liabilities (noncurrent)201 218 
Net amount recognized$212 $229 
Components Of SERP Expense Recognized In The Consolidated Statements Of Earnings The components of SERP expense recognized in SG&A expense on the Consolidated Statements of Earnings are as follows:
Fiscal year202120202019
Participant service cost$2 $2 $2 
Interest cost5 
Amortization of net loss and other8 
Total SERP expense$15 $17 $10 
Amounts Recognized In Accumulated Other Comprehensive Loss (Pre-Tax)
Accumulated Other Comprehensive Loss
Amounts recognized in accumulated other comprehensive loss (pre-tax) consist of the following:
202120202019
Actuarial (gain) loss (14)34 
Amortization of net loss and other(8)(9)(1)
Total recognized in accumulated other comprehensive loss($22)($2)$33 
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 year202120202019
Assumptions used to determine benefit obligation:
Discount rate3.19 %2.62 %2.97 %
Rate of compensation increase2.50 %2.50 %2.50 %
Assumptions used to determine SERP expense:
Discount rate2.62 %2.97 %4.27 %
Rate of compensation increase2.50 %2.50 %2.50 %
Expected Future Benefit Payments Including Benefits Attributable To Estimated Future Employee Service As of January 29, 2022, 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
2022$11 
202312 
202412 
202512 
202612 
2027 – 203161 
Thereafter92