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DERIVATIVE FINANCIAL INSTRUMENTS (Tables)
3 Months Ended
Apr. 30, 2017
Derivative Financial Instruments [Abstract]  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]
The following table summarizes the fair value and presentation of the Company’s derivative financial instruments in its Consolidated Balance Sheets:
(In millions)
Assets (Classified in Other Current Assets and Other Assets)
Liabilities (Classified in Accrued Expenses and Other Liabilities)
 
4/30/17
 
1/29/17
 
5/1/16
 
4/30/17
 
1/29/17
 
5/1/16
Contracts designated as cash flow hedges:
 
 
 
 
 
 
 
 
 
 
 
Foreign currency forward exchange contracts (inventory purchases)
$
18.7

 
$
25.1

 
$
1.0

 
$
7.1

 
$
2.6

 
$
34.0

Interest rate contracts

 

 

 
4.0

 
7.1

 
18.4

Total contracts designated as cash flow hedges
18.7

 
25.1

 
1.0

 
11.1

 
9.7

 
52.4

Undesignated contracts:
 
 
 
 
 
 
 
 
 
 
 
Foreign currency forward exchange contracts
0.6

 
0.8

 
0.3

 
0.9

 
0.0

 
0.6

Foreign currency option contracts
1.7

 
3.2

 

 

 

 

Total undesignated contracts
2.3

 
4.0

 
0.3

 
0.9

 
0.0

 
0.6

Total
$
21.0

 
$
29.1

 
$
1.3

 
$
12.0

 
$
9.7

 
$
53.0

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block]
The following table summarizes the effect of the Company’s hedges designated as cash flow and net investment hedging instruments:
 
 
(Loss) Gain Recognized in Other Comprehensive Income
 
Gain (Loss) Reclassified from AOCL into Income (Expense)      
(In millions)
 
 
Location
Amount
 
 
 
 
 
 
 
 
 
 
Thirteen Weeks Ended
 
4/30/17
 
5/1/16
 
 
4/30/17
 
5/1/16
Foreign currency forward exchange contracts     (inventory purchases)
 
$
(7.8
)
 
$
(58.4
)
 
Cost of goods sold
$
4.4

 
$
4.7

Interest rate contracts    
 
0.8

 
(0.1
)
 
Interest expense
(2.3
)
 
(2.4
)
Foreign currency borrowings (net investment hedge)
 
(8.6
)
 

 
N/A

 

Total    
 
$
(15.6
)
 
$
(58.5
)
 
 
$
2.1

 
$
2.3

Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]
The following table summarizes the effect of the Company’s undesignated contracts recognized in selling, general and administrative expenses in its Consolidated Income Statements:
(In millions)

 
Gain (Loss) Recognized in Income (Expense)
Thirteen Weeks Ended
 
4/30/17
 
5/1/16
Foreign currency forward exchange contracts
 
$
0.2

 
$
(3.8
)
Foreign currency option contracts
 
(2.6
)