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SERP (Tables)
12 Months Ended
Jan. 28, 2023
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, 2023January 29, 2022
Change in benefit obligation:
Benefit obligation at beginning of year$212 $229 
Participant service cost2 
Interest cost6 
Benefits paid(10)(10)
Actuarial (gain) loss(34)(14)
Benefit obligation at end of year176 212 
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($176)($212)
Amounts Recognized As Liabilities In The Consolidated Balance Sheets Amounts recognized as liabilities in the Consolidated Balance Sheets consist of the following:
January 28, 2023January 29, 2022
Accrued salaries, wages and related benefits
$11 $11 
Other liabilities (noncurrent)165 201 
Net amount recognized$176 $212 
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 year202220212020
Participant service cost$2 $2 $2 
Interest cost6 
Amortization of net loss and other4 
Total SERP expense$12 $15 $17 
Amounts Recognized In Accumulated Other Comprehensive Loss (Pre-Tax)
Amounts recognized in accumulated other comprehensive loss (pre-tax) consist of the following:
202220212020
Actuarial (gain) loss($34)($14)$7 
Amortization of net loss and other(4)(8)(9)
Amounts recognized in accumulated other comprehensive loss($38)($22)($2)
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 year202220212020
Assumptions used to determine benefit obligation:
Discount rate4.95 %3.19 %2.62 %
Rate of compensation increase2.50 %2.50 %2.50 %
Assumptions used to determine SERP expense:
Discount rate3.19 %2.62 %2.97 %
Rate of compensation increase2.50 %2.50 %2.50 %
Expected Future Benefit Payments Including Benefits Attributable To Estimated Future Employee Service As of January 28, 2023, 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
2023$11 
202412 
202512 
202613 
202713 
2028 – 203262 
Thereafter53