Quarterly report pursuant to Section 13 or 15(d)

Retirement Benefit Plans (Tables)

v3.20.2
Retirement Benefit Plans (Tables)
6 Months Ended
Aug. 01, 2020
Retirement Benefit Plans [Abstract]  
Schedule of Pension Plan Expense/(Income)
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 Six Months Ended
($ in millions) August 1,
2020
August 3,
2019
August 1,
2020
August 3,
2019
Service cost $ 8  $ 7  $ 16  $ 14 
Other components of net periodic pension cost/(income):
Interest cost 26  33  52  66 
Expected return on plan assets (51) (48) (101) (96)
Amortization of prior service cost 2  2  3  4 
Amortization of net loss 1    1   
Curtailment loss recognized 5    5   
Special termination benefit cost recognized 94    94   
77  (13) 54  (26)
Net periodic pension expense/(income) $ 85  $ (6) $ 70  $ (12)