Accumulated Other Comprehensive Loss (Tables)

3 Months Ended

May 02, 2015

Equity [Abstract]

Accumulated Other Comprehensive Loss

Accumulated other comprehensive loss (“AOCL”), net of tax, is comprised the following:

	May 2,		May 3,		January 31,
	2015		2014		2015
	(in millions)
Foreign currency translation adjustments	$	(74)	$	76	$	(75)
Cash flow hedges		(4)		(1)		(3)
Unrecognized pension cost and postretirement benefit		(239)		(238)		(240)
Unrealized loss on available-for-sale security		(1)		(1)		(1)
	$	(318)	$	(164)	$	(319)

Changes in Accumulated Other Comprehensive Loss

The changes in AOCL for the thirteen weeks ended May 2, 2015 were as follows:

(in millions)	Foreign currency translation adjustments		Cash flow hedges		Items related to pension and postretirement benefits		Unrealized loss on available-for- sale security		Total
Balance as of January 31, 2015	$	(75)		(3)		(240)		(1)	$	(319)
OCI before reclassification		1		(1)		(1)		—		(1)
Reclassified from AOCL		—		—		2		—		2
Other comprehensive income/(loss)		1		(1)		1		—		1
Balance as of May 2, 2015	$	(74)		(4)		(239)		(1)	$	(318)

Reclassification from Accumulated Other Comprehensive Loss

Reclassifications from AOCL for the thirteen weeks ended May 2, 2015 were as follows:

	(in millions)
Amortization of actuarial (gain) loss:
Pension benefits - amortization of actuarial loss	$	3
Postretirement benefits - amortization of actuarial gain		—
Net periodic benefit cost (see Note 9)		3
Income tax benefit		(1)
Net of tax	$	2