REVENUE Deferred Revenue (Tables)

6 Months Ended

Aug. 05, 2018

Deferred Revenue Disclosure [Text Block]

Changes in deferred revenue related to customer loyalty programs, gift cards and license agreements for the twenty-six weeks ended August 5, 2018 were as follows:



(In millions)	Twenty-Six Weeks Ended
Deferred revenue balance at February 4, 2018	$	39.2
Impact of adopting the new revenue standard ⁽¹⁾	15.6
Net additions to deferred revenue during the period	54.2
Reductions in deferred revenue for revenue recognized during the period ⁽²⁾	(48.0		)
Deferred revenue balance at August 5, 2018	$	61.0

⁽¹⁾ Please see Note 20, “Recent Accounting Guidance,” for further discussion of the adoption of the new revenue standard.

⁽²⁾ Represents the amount of revenue recognized during the period that was included in the deferred revenue balance at February 4, 2018, as adjusted for the impact of adopting the new revenue standard, and does not contemplate revenue recognized from amounts deferred after February 4, 2018. This amount includes $8.5 million of revenue recognized during the thirteen weeks ended August 5, 2018.

The Company also had long-term deferred revenue liabilities included in other liabilities in its Consolidated Balance Sheets of $2.8 million and $3.9 million as of August 5, 2018 and February 4, 2018, respectively.