XML 22 R10.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Benefit Plans | 6 Months Ended
--- | ---
Aug. 04, 2018
Pension and Other Postretirement Benefits Cost (Reversal of Cost) [Abstract] |
Benefit Plans | Benefit Plans The Company has defined contribution plans which cover substantially all employees who work 1,000 hours or more in a year. In addition, the Company has a funded defined benefit plan ("Pension Plan") and an unfunded defined benefit supplementary retirement plan ("SERP"), which provides benefits, for certain employees, in excess of qualified plan limitations. Effective January 1, 2012, the Pension Plan was closed to new participants, with limited exceptions, and effective January 2, 2012, the SERP was closed to new participants. In February 2013, the Company announced changes to the Pension Plan and SERP whereby eligible employees no longer earn future pension service credits after December 31, 2013, with limited exceptions. All retirement benefits attributable to service in subsequent periods are provided through defined contribution plans. In addition, certain retired employees currently are provided with specified health care and life insurance benefits ("Postretirement Obligations"). Eligibility requirements for such benefits vary, but generally state that benefits are available to eligible employees who were hired prior to a certain date and retire after a certain age with specified years of service. Certain employees are subject to having such benefits modified or terminated. The defined contribution plan expense and actuarially determined components of the net periodic benefit cost (income) associated with the defined benefit plans are as follows:
| 13 Weeks Ended |  | 26 Weeks Ended
| August 4, 2018 |  | July 29, 2017 |  | August 4, 2018 |  | July 29, 2017
| (millions) |  | (millions)
401(k) Qualified Defined Contribution Plan | $ | 24 |  |  | $ | 24 |  |  | $ | 47 |  |  | $ | 45 |
Non-Qualified Defined Contribution Plan | $ | 1 |  |  | $ | — |  |  | $ | 1 |  |  | $ | — |
Pension Plan |  |  |  |  |  |  |
Service cost | $ | 1 |  |  | $ | 2 |  |  | $ | 3 |  |  | $ | 3 |
Interest cost | 27 |  |  | 27 |  |  | 53 |  |  | 54 |
Expected return on assets | (53 | ) |  | (57 | ) |  | (106 | ) |  | (113 | )
Recognition of net actuarial loss | 8 |  |  | 8 |  |  | 16 |  |  | 16 |
Amortization of prior service credit | — |  |  | — |  |  | — |  |  | — |
| $ | (17 | ) |  | $ | (20 | ) |  | $ | (34 | ) |  | $ | (40 | )
Supplementary Retirement Plan |  |  |  |  |  |  |
Service cost | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Interest cost | 5 |  |  | 5 |  |  | 11 |  |  | 11 |
Recognition of net actuarial loss | 2 |  |  | 2 |  |  | 4 |  |  | 4 |
Amortization of prior service cost | — |  |  | — |  |  | — |  |  | — |
| $ | 7 |  |  | $ | 7 |  |  | $ | 15 |  |  | $ | 15 |
Total Retirement Expense | $ | 15 |  |  | $ | 11 |  |  | $ | 29 |  |  | $ | 20 |
Postretirement Obligations |  |  |  |  |  |  |
Service cost | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Interest cost | 1 |  |  | 2 |  |  | 2 |  |  | 3 |
Recognition of net actuarial gain | (1 | ) |  | (1 | ) |  | (2 | ) |  | (2 | )
Amortization of prior service credit | — |  |  | — |  |  | — |  |  | — |
| $ | — |  |  | $ | 1 |  |  | $ | — |  |  | $ | 1 |
For the 13 and 26 weeks ended August 4, 2018 and July 29, 2017, the Company incurred non-cash settlement charges of $50 million and $51 million, respectively, related to the Company's defined benefit plans. These charges relate to the pro-rata recognition of net actuarial losses associated with the Company's defined benefit plans and are the result of an increase in lump sum distributions associated with store closings, organizational restructuring and a voluntary separation program, and periodic distribution activity.

X
- Definition The entire disclosure of an entity's employee compensation and benefit plans, excluding share-based compensation and including, but not limited to, postemployment and postretirement benefit plans, defined benefit pension plans, defined contribution plans, non-qualified and supplemental benefit plans, deferred compensation, life insurance, severance, health care, unemployment and other benefit plans. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -URI http://asc.fasb.org/topic&trid=2235017 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 712 -URI http://asc.fasb.org/topic&trid=2197446 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 710 -URI http://asc.fasb.org/topic&trid=2127225 + Details
Name: | us-gaap_CompensationAndEmployeeBenefitPlansOtherThanShareBasedCompensationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_PensionAndOtherPostretirementBenefitExpenseAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration