Accumulated Other Comprehensive Loss

9 Months Ended

Oct. 31, 2015

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated Other Comprehensive Loss

6. Accumulated Other Comprehensive Loss

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

	October 31,		November 1,		January 31,
	2015		2014		2015
	($ in millions)
Foreign currency translation adjustments	$	(107)	$	15	$	(75)
Cash flow hedges		(2)		(1)		(3)
Unrecognized pension cost and postretirement benefit		(233)		(234)		(240)
Unrealized loss on available-for-sale security		(1)		(1)		(1)
	$	(343)	$	(221)	$	(319)

The changes in AOCL for the thirty-nine weeks ended October 31, 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		(32)		1		1		—		(30)
Reclassified from AOCL		—		—		6		—		6
Other comprehensive income/(loss)		(32)		1		7		—		(24)
Balance as of October 31, 2015	$	(107)		(2)		(233)		(1)	$	(343)

Reclassifications from AOCL for the thirty-nine weeks ended October 31, 2015 were as follows:

		($ in millions)
Amortization of actuarial (gain) loss:
Pension benefits - amortization of actuarial loss	$	10
Postretirement benefits - amortization of actuarial gain		(1)
Net periodic benefit cost (see Note 10)		9
Income tax benefit		(3)
Net of tax	$	6