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A-55
NO T E S T O C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S , CO N T I N U E D
9 . A C C U M U L A T E D O T H E R C O M P R E H E N S I V E I N C O M E ( L O S S )
The following table represents the changes in AOCI by component for the years ended February 1, 2014
and January 31, 2015:
Cash Flow
Hedging
Activities (1)
Available
for sale
Securities (1)
Pension and
Postretirement
Defined Benefit
Plans (1) Total (1)
Balance at February 2, 2013 . . . . . . . . . . . . . . . . . . $ (14) $ 7 $(746) $(753)
OCI before reclassifications (2) . . . . . . . . . . . . . . . (12) 5 233 226
Amounts reclassified out of AOCI (3) . . . . . . . . . . . 1 — 62 63
Net current-period OCI . . . . . . . . . . . . . . . . . . . . . . (11) 5 295 289
Balance at February 1, 2014 . . . . . . . . . . . . . . . . . . (25) 12 (451) (464)
OCI before reclassifications (2) . . . . . . . . . . . . . . . (25) 5 (351) (371)
Amounts reclassified out of AOCI (3) . . . . . . . . . . . 1 — 22 23
Net current-period OCI . . . . . . . . . . . . . . . . . . . . . . (24) 5 (329) (348)
Balance at January 31, 2015 . . . . . . . . . . . . . . . . . . . $(49) $17 $(780) $(812)
(1) All amounts are net of tax.
(2) Net of tax of $(8), $3 and $137 for cash flow hedging activities, available for sale securities and pension
and postretirement defined benefit plans, respectively, as of February 1, 2014. Net of tax of $(14), $3
and $(206) for cash flow hedging activities, available for sale securities and pension and postretirement
defined benefit plans, respectively, as of January 31, 2015.
(3) Net of tax of $1 and $36 for cash flow hedging activities and pension and postretirement defined benefit
plans, respectively, as of February 1, 2014. Net of tax of $13 for pension and postretirement defined
benefit plans, as of January 31, 2015.
The following table represents the items reclassified out of AOCI and the related tax effects for the year
ended January 31, 2015 and February 1, 2014:
For the year ended
January 31, 2015
For the year ended
February 1, 2014
Gains on cash flow hedging activities
Amortization of unrealized gains and losses on
cash flow hedging activities (1) . . . . . . . . . . . . . . . . . . . . . . . $ 1 $ 2
Tax expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — (1)
Net of tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 1
Pension and postretirement defined benefit plan items
Amortization of amounts included in net periodic
pension expense (2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35 98
Tax expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (13) (36)
Net of tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 62
Total reclassifications, net of tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 23 $ 63
(1) Reclassified from AOCI into interest expense.
(2) Reclassified from AOCI into merchandise costs and OG&A expense. These components are included in
the computation of net periodic pension costs (see Note 15 for additional details).