Quarterly report pursuant to Section 13 or 15(d)

Retirement Benefit Plans

v3.19.3
Retirement Benefit Plans
9 Months Ended
Nov. 02, 2019
Retirement Benefit Plans [Abstract]  
Retirement Benefit Plans Retirement Benefit Plans
The components of net periodic pension expense/(income) for our non-contributory qualified defined benefit pension plan and supplemental pension plans were as follows:
 
Three Months Ended
 
Nine Months Ended
($ in millions)
November 2,
2019
 
November 3,
2018
 
November 2,
2019
 
November 3,
2018
Service cost
$
7

 
$
9

 
$
21

 
$
28

 
 
 
 
 
 
 
 
Other components of net periodic pension cost/(income):
 
 
 
 
 
 
 
Interest cost
33

 
34

 
99

 
104

Expected return on plan assets
(48
)
 
(55
)
 
(144
)
 
(167
)
Amortization of prior service cost/(credit)
2

 
2

 
6

 
6

 
(13
)
 
(19
)
 
(39
)
 
(57
)
Net periodic pension expense/(income)
$
(6
)
 
$
(10
)
 
$
(18
)
 
$
(29
)


Service cost is included in SG&A in the unaudited Interim Consolidated Statements of Operations.