Accumulated Other Comprehensive Income Foreign Currency Translation Tax (Benefit) Expense

  
  
4. Accumulated Other Comprehensive Income (Loss)The components of Accumulated other comprehensive income (loss) consisted of the following:

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| (Millions) |  | Foreign Currency Translation Adjustments(1) |  | Cash-Flow Hedges(2) |  | Pension and Postretirement Benefit Plan Adjustments(3) |  | Total Accumulated Comprehensive Income (Loss) |  |
| Balance at July 28, 2019 |  | $ | (218) |  |  | $ | (9) |  |  | $ | 29  |  |  | $ | (198) |  |  |
|  |  |  |  |  |  |  |  |  |  |
| Other comprehensive income (loss) before reclassifications |  | (2) |  |  | 2  |  |  | —  |  |  | —  |  |  |
| Losses (gains) reclassified from accumulated other comprehensive income (loss)(4) |  | 210  |  |  | —  |  |  | (22) |  |  | 188  |  |  |
| Net current-period other comprehensive income (loss) |  | 208  |  |  | 2  |  |  | (22) |  |  | 188  |  |  |
| Balance at August 2, 2020 |  | $ | (10) |  |  | $ | (7) |  |  | $ | 7  |  |  | $ | (10) |  |  |
|  |  |  |  |  |  |  |  |  |  |
| Other comprehensive income (loss) before reclassifications |  | 16  |  |  | (4) |  |  | —  |  |  | 12  |  |  |
| Losses (gains) reclassified from accumulated other comprehensive income (loss) |  | —  |  |  | 7  |  |  | (4) |  |  | 3  |  |  |
| Net current-period other comprehensive income (loss) |  | 16  |  |  | 3  |  |  | (4) |  |  | 15  |  |  |
| Balance at August 1, 2021 |  | $ | 6  |  |  | $ | (4) |  |  | $ | 3  |  |  | $ | 5  |  |  |
|  |  |  |  |  |  |  |  |  |  |
| Other comprehensive income (loss) before reclassifications |  | (6) |  |  | 14  |  |  | —  |  |  | 8  |  |  |
| Losses (gains) reclassified from accumulated other comprehensive income (loss) |  | —  |  |  | (10) |  |  | (1) |  |  | (11) |  |  |
| Net current-period other comprehensive income (loss) |  | (6) |  |  | 4  |  |  | (1) |  |  | (3) |  |  |
| Balance at July 31, 2022 |  | $ | —  |  |  | $ | —  |  |  | $ | 2  |  |  | $ | 2  |  |  |

\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_(1)Included no tax as of July 31, 2022, August 1, 2021, and August 2, 2020, and a tax expense of $4 million as of July 28, 2019.(2)Included no tax as of July 31, 2022, and a tax benefit of $1 million as of August 1, 2021 and August 2, 2020, and $2 million as of July 28, 2019.(3)Included a tax expense of $1 million as of July 31, 2022 and August 1, 2021, $2 million as of August 2, 2020, and $8 million as of July 28, 2019.(4)Reflects the reclassification from sale of businesses. See Note 3 for additional information.Amounts related to noncontrolling interests were not material.  
45 
