Quarterly report pursuant to Section 13 or 15(d)

Benefit Plans (Tables)

v3.21.1
Benefit Plans (Tables)
3 Months Ended
May 01, 2021
Pension And Other Postretirement Benefit Expense [Abstract]  
Schedule of Costs of Retirement Plans

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

 

 

 

May 1, 2021

 

 

May 2, 2020

 

 

 

(millions)

 

401(k) Qualified Defined Contribution Plan

 

$

22

 

 

$

13

 

Pension Plan

 

 

 

 

 

 

 

 

Service cost

 

$

 

 

$

1

 

Interest cost

 

 

12

 

 

 

19

 

Expected return on assets

 

 

(40

)

 

 

(45

)

Recognition of net actuarial loss

 

 

8

 

 

 

10

 

 

 

$

(20

)

 

$

(15

)

Supplementary Retirement Plan

 

 

 

 

 

 

 

 

Interest cost

 

 

3

 

 

 

4

 

Recognition of net actuarial loss

 

 

3

 

 

 

3

 

 

 

$

6

 

 

$

7

 

 

 

 

 

 

 

 

 

 

Total Retirement Expense

 

$

8

 

 

$

5

 

 

 

 

 

 

 

 

 

 

Postretirement Obligations

 

 

 

 

 

 

 

 

Interest cost

 

 

 

 

 

1

 

Recognition of net actuarial gain

 

 

(1

)

 

 

(1

)

 

 

$

(1

)

 

$