Retirement Benefit Plans (Tables)

12 Months Ended

Jan. 31, 2019

Retirement Benefits [Abstract]

Schedule of Changes in Projected Benefit Obligations

The changes in the projected benefit obligations and plan assets for the plans described above were as follows:

	Fiscal year ended January 31,
	2019			2018
Beginning projected benefit obligation	$	158.1		$	146.4
Service cost	4.1			5.2
Interest cost	2.3			2.7
Actuarial (gain) loss	(4.3		)	(2.8		)
Benefits paid	(2.6		)	(3.3		)
Foreign currency exchange rate changes	(10.0		)	13.9
Curtailments and settlements	(61.0		)	(8.2		)
Contributions by plan participants	5.0			4.0
Plan amendment	—			0.2
Ending projected benefit obligation	$	91.6		$	158.1
Beginning fair value of plan assets	$	121.1		$	107.4
Actual return on plan assets	1.4			3.8
Contributions paid by employer	5.9			6.5
Contributions paid by plan participants	5.0			4.0
Benefit payments	(2.6		)	(3.3		)
Curtailments and settlements	(42.3		)	(8.0		)
Foreign currency exchange rate changes	(7.7		)	10.7
Ending fair value of plan assets	$	80.8		$	121.1
Funded status	$	(10.8	)	$	(37.0	)

Schedule of Amounts Recognized in Balance Sheet

The amounts recognized on the consolidated balance sheets at the end of each period were as follows:

	Fiscal Year Ended January 31,
	2019		2018
Other long-term liabilities	$	10.8	$	37.0
Accumulated other comprehensive loss, before tax	16.3		31.7
Net amount recognized	$	27.1	$	68.7

Schedule of Accumulated Benefit Obligations in Excess of Fair Value of Plan Assets

Included in the aggregate data in the following tables are the amounts applicable to the Company's defined benefit pension plans, with accumulated benefit obligations in excess of plan assets, as well as plans with projected benefit obligations in excess of plan assets. Amounts related to such plans at the end of each period were as follows:

	Fiscal Year Ended January 31,
	2019		2018
Plans with accumulated benefit obligations in excess of plan assets:
Accumulated benefit obligations	$	75.6	$	130.7
Plan assets	70.0		112.1
Plans with projected benefit obligations in excess of plan assets:
Projected benefit obligations	$	91.6	$	158.1
Plan assets	80.8		121.1

Schedule of Allocation of Plan Assets

Defined benefit pension plan assets measured at fair value on a recurring basis consisted of the following investment categories at the end of each period as follows:

	Fiscal Year Ended January 31,
	2019								2018
	Level 1		Level 2		Level 3		Total		Total
Insurance contracts	$	—	$	28.0	$	—	$	28.0	$	53.0
Other investments	—		14.5		—		14.5		17.0
Total assets measured at fair value	$	—	$	42.5	$	—	42.5		70.0
Cash							4.3		0.2
Investment Fund valued using net asset value							34.0		50.9
Total pension plan assets at fair value							$	80.8	$	121.1

Schedule of Expected Benefit Payments

Estimated benefit payments over the next 10 fiscal years are as follows:

	Pension Benefits
2020	$	2.4
2021	2.3
2022	2.3
2023	2.3
2024	2.3
2025-2029	13.9
Total	$	25.5

Schedule of Net Benefit Costs

The components of net periodic pension cost for the defined benefit pension plans for fiscal 2019, 2018, and 2017 are as follows:

	Fiscal Year Ended January 31,
	2019			2018			2017
Service cost for benefits earned during the period	$	4.1		$	5.2		$	5.6
Interest cost on projected benefit obligation (1)	2.3			2.7			3.0
Expected return on plan assets (1)	(3.2		)	(3.9		)	(4.2		)
Amortization of prior service credit (1)	(0.2		)	(0.3		)	(0.3		)
Amortization of loss (1)	0.5			1.2			1.5
Settlement loss (1)	4.3			1.9			1.2
Curtailment gain (1)	(10.9		)	(0.1		)	—
Net periodic (benefit) cost	$	(3.1	)	$	6.7		$	6.8

____________________

(1)

Included in Interest and other expense, net in Autodesk's fiscal 2019 Consolidated Statements of Operations as a result of the adoption of ASU No. 2017-07 in the first quarter of fiscal 2019.

Schedule of Amounts Recognized in Other Comprehensive Income (Loss)

The components of other comprehensive income (loss) for the defined benefit pension plans before taxes for fiscal 2019, 2018, and 2017 are as follows:

	Fiscal Year Ended January 31,
	2019			2018			2017
Prior service credit for period	$	(0.1	)	$	0.2		$	—
Net (gain) loss for period	(2.4		)	(2.5		)	7.2
Effect of settlement	(4.3		)	(1.9		)	(1.2		)
Effect of curtailment	(7.9		)	(0.2		)	—
Amortization of prior service credit	0.2			0.3			0.3
Amortization of net loss	(0.5		)	(1.2		)	(1.5		)
Other comprehensive (income) loss	$	(15.0	)	$	(5.3	)	$	4.8

Schedule of Net Periodic Benefit Cost Not yet Recognized

The amounts recorded in accumulated other comprehensive loss before taxes at the end of each period were as follows:

	Fiscal Year Ended January 31,
	2019			2018
Net prior service credit	$	(1.4	)	$	(3.1	)
Net actuarial loss	17.7			34.8
Accumulated other comprehensive loss, before tax	$	16.3		$	31.7

Schedule of Assumptions Used

Weighted average actuarial assumptions used to determine costs for the plans for each period were as follows:

	Fiscal Year Ended January 31,
	2019		2018		2017
Discount rate	2.5	%	2.4	%	3.2	%
Expected long-term rate of return on plan assets	3.3	%	3.3	%	4.3	%
Rate of compensation increase	2.3	%	2.3	%	2.2	%

Weighted average actuarial assumptions used to determine benefit obligations for the plans at the end of each period were as follows:

	Fiscal Year Ended January 31,
	2019		2018		2017
Discount rate	2.0	%	1.8	%	1.7	%
Rate of compensation increase	2.7	%	2.6	%	2.6	%