XML 22 R11.htm IDEA: XBRL DOCUMENT v3.8.0.1
OTHER COMPREHENSIVE INCOME ITEMS
3 Months Ended
Jan. 28, 2018
OTHER COMPREHENSIVE INCOME ITEMS  
OTHER COMPREHENSIVE INCOME ITEMS

(4)The after-tax changes in accumulated other comprehensive income (loss) in millions of dollars follow:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

    

 

 

    

 

 

    

 

 

    

Total

 

 

 

 

 

 

 

 

Unrealized

 

Unrealized

 

Accumulated

 

 

 

Retirement

 

Cumulative

 

Gain (Loss)

 

Gain (Loss)

 

Other

 

 

 

Benefits

 

Translation

 

on

 

on

 

Comprehensive

 

 

 

Adjustment

 

Adjustment

 

Derivatives

 

Investments

 

Income (Loss)

 

Balance October 30, 2016

 

$

(4,409)

 

$

(1,229)

 

$

1

 

$

11

 

$

(5,626)

 

Other comprehensive income (loss) items before reclassification

 

 

(1)

 

 

(18)

 

 

2

 

 

(5)

 

 

(22)

 

Amounts reclassified from accumulated other comprehensive income

 

 

44

 

 

 

 

 

 

 

 

(1)

 

 

43

 

Net current period other comprehensive income (loss)

 

 

43

 

 

(18)

 

 

2

 

 

(6)

 

 

21

 

Balance January 29, 2017

 

$

(4,366)

 

$

(1,247)

 

$

3

 

$

5

 

$

(5,605)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance October 29, 2017

 

$

(3,580)

 

$

(999)

 

$

5

 

$

10

 

$

(4,564)

 

Other comprehensive income (loss) items before reclassification

 

 

5

 

 

224

 

 

5

 

 

 

 

 

234

 

Amounts reclassified from accumulated other comprehensive income

 

 

41

 

 

 

 

 

 

 

 

 

 

 

41

 

Net current period other comprehensive income (loss)

 

 

46

 

 

224

 

 

5

 

 

 

 

 

275

 

Balance January 28, 2018

 

$

(3,534)

 

$

(775)

 

$

10

 

$

10

 

$

(4,289)

 

 

Following are amounts recorded in and reclassifications out of other comprehensive income (loss), and the income tax effects, in millions of dollars:

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Before

    

Tax

    

After

 

 

 

Tax

 

(Expense)

 

Tax

 

Three Months Ended January 28, 2018

 

Amount

 

Credit

 

Amount

 

Cumulative translation adjustment

 

$

225

 

$

(1)

 

$

224

 

Unrealized gain (loss) on derivatives:

 

 

 

 

 

 

 

 

 

 

Unrealized hedging gain (loss)

 

 

8

 

 

(3)

 

 

5

 

Reclassification of realized (gain) loss

 

 

 

 

 

 

 

 

 

 

Net unrealized gain (loss) on derivatives

 

 

8

 

 

(3)

 

 

5

 

Net unrealized gain (loss) on investments

 

 

 

 

 

 

 

 

 

 

Retirement benefits adjustment:

 

 

 

 

 

 

 

 

 

 

Pensions

 

 

 

 

 

 

 

 

 

 

Net actuarial gain (loss)

 

 

7

 

 

(2)

 

 

5

 

Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to other operating expenses: *

 

 

 

 

 

 

 

 

 

 

Actuarial (gain) loss

 

 

61

 

 

(20)

 

 

41

 

Prior service (credit) cost

 

 

3

 

 

(1)

 

 

2

 

Health care and life insurance

 

 

 

 

 

 

 

 

 

 

Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to other operating expenses: *

 

 

 

 

 

 

 

 

 

 

Actuarial (gain) loss

 

 

16

 

 

(5)

 

 

11

 

Prior service (credit) cost

 

 

(19)

 

 

6

 

 

(13)

 

Net unrealized gain (loss) on retirement benefits adjustments

 

 

68

 

 

(22)

 

 

46

 

Total other comprehensive income (loss)

 

$

301

 

$

(26)

 

$

275

 

 

*These accumulated other comprehensive income amounts are components of net periodic pension and postretirement costs. See Note 7 for additional detail.

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Before

    

Tax

    

After

 

 

 

Tax

 

(Expense)

 

Tax

 

Three Months Ended January 29, 2017

 

Amount

 

Credit

 

Amount

 

Cumulative translation adjustment

 

$

(19)

 

$

1

 

$

(18)

 

Unrealized gain (loss) on derivatives:

 

 

 

 

 

 

 

 

 

 

Unrealized hedging gain (loss)

 

 

4

 

 

(2)

 

 

2

 

Reclassification of realized (gain) loss to:

 

 

 

 

 

 

 

 

 

 

Foreign exchange contracts – Other operating expenses

 

 

(1)

 

 

1

 

 

 

 

Net unrealized gain (loss) on derivatives

 

 

3

 

 

(1)

 

 

2

 

Unrealized gain (loss) on investments:

 

 

 

 

 

 

 

 

 

 

Unrealized holding gain (loss)

 

 

(7)

 

 

2

 

 

(5)

 

Reclassification of realized (gain) loss – Other income

 

 

(1)

 

 

 

 

 

(1)

 

Net unrealized gain (loss) on investments

 

 

(8)

 

 

2

 

 

(6)

 

Retirement benefits adjustment:

 

 

 

 

 

 

 

 

 

 

Pensions

 

 

 

 

 

 

 

 

 

 

Net actuarial gain (loss)

 

 

(1)

 

 

 

 

 

(1)

 

Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to other operating expenses: *

 

 

 

 

 

 

 

 

 

 

Actuarial (gain) loss

 

 

60

 

 

(22)

 

 

38

 

Prior service (credit) cost

 

 

3

 

 

(1)

 

 

2

 

Health care and life insurance

 

 

 

 

 

 

 

 

 

 

Reclassification through amortization of actuarial (gain) loss and prior service (credit) cost to other operating expenses: *

 

 

 

 

 

 

 

 

 

 

Actuarial (gain) loss

 

 

25

 

 

(9)

 

 

16

 

Prior service (credit) cost

 

 

(19)

 

 

7

 

 

(12)

 

Net unrealized gain (loss) on retirement benefits adjustments

 

 

68

 

 

(25)

 

 

43

 

Total other comprehensive income (loss)

 

$

44

 

$

(23)

 

$

21

 

* These accumulated other comprehensive income amounts are components of net periodic pension and postretirement costs. See Note 7 for additional detail.

 

In the first quarter of 2018 and 2017, the noncontrolling interests’ comprehensive income (loss) was $.5 million and $(.6) million, respectively, which consisted of net income (loss) of $.4 million and $(.6) million and cumulative translation adjustments of $.1 million and none, respectively.