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46 2015 Annual Report
4 Accumulated Other Comprehensive Income (Loss)
The following table provides the fiscal 2015, 2014 and 2013 changes in the composition of total accumulated other comprehensive income (loss),
including the amounts reclassified out of accumulated other comprehensive income (loss) by component for fiscal 2015 and 2014:
Currency Translation Derivative Minimum
(Amounts in millions and net of income taxes) and Other Instruments Pension Liability Total
Balances as of January 31, 2012 $ (806) $ (7) $(597) $(1,410)
Other comprehensive income (loss) before reclassifications 853 136 (166) 823
Balances as of January 31, 2013 47 129 (763) (587)
Other comprehensive income (loss) before reclassifications (2,769) 194 149 (2,426)
Amounts reclassified from accumulated other comprehensive income (loss) — 13 4 17
Balances as of January 31, 2014 (2,722) 336 (610) (2,996)
Other comprehensive income (loss) before reclassications (3,633) (496) (58) (4,187)
Amounts reclassied from accumulated other comprehensive income (loss) — 26 (11) 15
Balances as of January 31, 2015 $(6,355) $(134) $(679) $(7,168)
Amounts reclassified from accumulated other comprehensive income (loss) for derivative instruments are recorded in interest, net, in the Company’s
Consolidated Statements of Income, and the amounts for the minimum pension liability are recorded in operating, selling, general and administrative
expenses in the Company’s Consolidated Statements of Income.
The Company’s unrealized net gains and losses on net investment hedges, included in the currency translation and other category of accumulated
other comprehensive income (loss), were not significant as of January 31, 2015 and January 31, 2014.
5 Accrued Liabilities
The Company’s accrued liabilities consist of the following:
As of January 31,
(Amounts in millions) 2015 2014
Accrued wages and benefits
(1)
$ 4,954 $ 4,652
Self-insurance
(2)
3,306 3,477
Accrued non-income taxes
(3)
2,592 2,554
Other
(4)
8,300 8,110
Total accrued liabilities $19,152 $18,793
(1) Accrued wages and benefits include accrued wages, salaries, vacation, bonuses and other incentive plans.
(2) Self-insurance consists of all insurance-related liabilities, such as workers’ compensation, general liability, vehicle liability, property liability and employee-related
health care benefits.
(3) Accrued non-income taxes include accrued payroll, value added, sales and miscellaneous other taxes.
(4) Other accrued liabilities consist of various items such as maintenance, utilities, advertising and interest.
Notes to Consolidated Financial Statements