GOODWILL

The changes in the carrying amount of goodwill for the twenty-six weeks ended July 31, 2016, by segment (please see Note 18, “Segment Data,” for a further discussion of the Company’s reportable segments), were as follows:



(In millions)	Calvin Klein North America		Calvin Klein International		Tommy Hilfiger North America		Tommy Hilfiger International		Heritage Brands Wholesale			Heritage Brands Retail			Total
Balance as of January 31, 2016
Goodwill, gross	$	728.0	$	841.5	$	204.4	$	1,208.4	$	237.0		$	11.9		$	3,231.2
Accumulated impairment losses	—		—		—		—		—			(11.9		)	(11.9		)
Goodwill, net	728.0		841.5		204.4		1,208.4		237.0			—			3,219.3
Contingent purchase price payments to Mr. Calvin Klein	13.9		9.7		—		—		—			—			23.6
Acquisition of TH China	—		—		—		261.6		—			—			261.6
Currency translation	0.2		16.7		—		14.9		(0.2		)	—			31.6
Balance as of July 31, 2016
Goodwill, gross	742.1		867.9		204.4		1,484.9		236.8			11.9			3,548.0
Accumulated impairment losses	—		—		—		—		—			(11.9		)	(11.9		)
Goodwill, net	$	742.1	$	867.9	$	204.4	$	1,484.9	$	236.8		$	—		$	3,536.1

The Company is required to make contingent purchase price payments to Mr. Calvin Klein in connection with the Company’s acquisition in 2003 of all of the issued and outstanding stock of Calvin Klein, Inc. and certain affiliated companies (collectively, “Calvin Klein”). Such payments are based on 1.15% of total worldwide net sales, as defined in the acquisition agreement (as amended), of products bearing any of the Calvin Klein brands and are required to be made with respect to sales made through February 12, 2018. A significant portion of the sales on which the payments to Mr. Klein are made are wholesale sales by the Company and its licensees and other partners to retailers.