Quarterly report pursuant to Section 13 or 15(d)

Benefit Plans (Tables)

v3.21.2
Benefit Plans (Tables)
6 Months Ended
Jul. 31, 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

 

 

26 Weeks Ended

 

 

 

July 31, 2021

 

 

August 1, 2020

 

 

July 31, 2021

 

 

August 1, 2020

 

 

 

(millions)

 

 

(millions)

 

401(k) Qualified Defined Contribution Plan

 

$

17

 

 

$

19

 

 

$

39

 

 

$

32

 

Pension Plan

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

1

 

 

$

2

 

 

$

1

 

 

$

3

 

Interest cost

 

 

13

 

 

 

18

 

 

 

25

 

 

 

38

 

Expected return on assets

 

 

(43

)

 

 

(46

)

 

 

(83

)

 

 

(92

)

Recognition of net actuarial loss

 

 

9

 

 

 

10

 

 

 

17

 

 

 

20

 

 

 

$

(20

)

 

$

(16

)

 

$

(40

)

 

$

(31

)

Supplementary Retirement Plan

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest cost

 

 

3

 

 

 

4

 

 

 

6

 

 

 

8

 

Recognition of net actuarial loss

 

 

3

 

 

 

3

 

 

 

6

 

 

 

6

 

 

 

$

6

 

 

$

7

 

 

$

12

 

 

$

14

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Retirement Expense

 

$

3

 

 

$

10

 

 

$

11

 

 

$

15

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Postretirement Obligations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest cost

 

 

 

 

 

1

 

 

 

 

 

 

2

 

Recognition of net actuarial gain

 

 

(2

)

 

 

(2

)

 

 

(3

)

 

 

(3

)

 

 

$

(2

)

 

$

(1

)

 

$

(3

)

 

$

(1

)