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FAIR VALUE MEASUREMENTS (Tables)
 6 Months Ended
Aug. 05, 2018
Jul. 30, 2017
Fair Value Measurements [Abstract]    
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
In accordance with the fair value hierarchy described above, the following table shows the fair value of the Company’s financial assets and liabilities that are required to be remeasured at fair value on a recurring basis:
 
8/5/18
 
2/4/18
 
7/30/17
(In millions)
Level 1
 
Level 2
 
Level 3
 
Total
 
Level 1
 
Level 2
 
Level 3
 
Total
 
Level 1
 
Level 2
 
Level 3
 
Total
Assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Foreign currency forward exchange contracts    
N/A
 
$
27.5

 
N/A
 
$
27.5

 
N/A
 
$
1.5

 
N/A
 
$
1.5

 
N/A
 
$
4.7

 
N/A
 
$
4.7

Interest rate swap agreements
N/A
 
2.7

 
N/A
 
2.7

 
N/A
 
2.4

 
N/A
 
2.4

 
N/A
 
0.2

 
N/A
 
0.2

Foreign currency option contracts
N/A
 
N/A
 
N/A
 
N/A
 
N/A
 
N/A
 
N/A
 
N/A
 
N/A
 
0.1

 
N/A
 
0.1

Total Assets
N/A
 
$
30.2

 
N/A
 
$
30.2

 
N/A
 
$
3.9

 
N/A
 
$
3.9

 
N/A
 
$
5.0

 
N/A
 
$
5.0

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Foreign currency forward exchange contracts    
N/A
 
$
3.4

 
N/A
 
$
3.4

 
N/A
 
$
67.4

 
N/A
 
$
67.4

 
N/A
 
$
58.2

 
N/A
 
$
58.2

Interest rate swap agreements
N/A
 
0.1

 
N/A
 
0.1

 
N/A
 
0.1

 
N/A
 
0.1

 
N/A
 
2.6

 
N/A
 
2.6

Contingent purchase price payments related to reacquisition of the perpetual rights to the TOMMY HILFIGER trademarks in India    
N/A
 
N/A
 
N/A
 
N/A
 
N/A
 
N/A
 
N/A
 
N/A
 
N/A
 
N/A
 
$
1.7

 
1.7

Total Liabilities
N/A
 
$
3.5

 
N/A

$
3.5

 
N/A
 
$
67.5

 
N/A
 
$
67.5

 
N/A
 
$
60.8

 
$
1.7

 
$
62.5

  
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]  
The following table presents the change in the Level 3 contingent purchase price payment liability:
(In millions)
Twenty-Six Weeks Ended
7/30/17
Beginning Balance
$
1.6

Payments
—

Adjustments included in earnings
0.1

Ending Balance
$
1.7
Fair Value, by Balance Sheet Grouping [Table Text Block]
The carrying amounts and the fair values of the Company’s cash and cash equivalents, short-term borrowings and long-term debt were as follows:
 
8/5/18
 
2/4/18
 
7/30/17
(In millions)
Carrying Amount
 
Fair
Value
 
Carrying Amount
 
Fair
Value
 
Carrying Amount
 
Fair
Value
 
 

 
 

 
 
 
 
 
 

 
 

Cash and cash equivalents
$
431.1

 
$
431.1

 
$
493.9

 
$
493.9

 
$
559.4

 
$
559.4

Short-term borrowings
85.4

 
85.4

 
19.5

 
19.5

 
18.0

 
18.0

Long-term debt
2,893.5

 
2,955.4

 
3,061.3

 
3,140.9

 
3,185.7

 
3,269.6


The fair values of cash and cash equivalents and short-term borrowings approximate their carrying amounts due to the short-term nature of these instruments. The Company estimates the fair value of its long-term debt using quoted market prices as of the last business day of the applicable quarter. The Company classifies the measurement of its long-term debt as a Level 1 measurement. The carrying amounts of long-term debt reflect the unamortized portions of debt issuance costs and the original issue discounts.