DEBT (Tables)

12 Months Ended

Feb. 03, 2019

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments [Table Text Block]

The carrying amounts of the Company’s long-term debt were as follows:

(In millions)	2018		2017
Senior secured Term Loan A facility due 2021	$	1,643.8	$	1,792.1
7 3/4% debentures due 2023	99.6		99.5
3 5/8% senior unsecured euro notes due 2024 (1)	396.5		430.8
3 1/8% senior unsecured euro notes due 2027 (1)	679.5		738.9
Total	2,819.4		3,061.3
Less: Current portion of long-term debt	—		—
Long-term debt	$	2,819.4	$	3,061.3

⁽¹⁾ The carrying amount of the Company’s senior unsecured euro notes includes the impact of changes in the exchange rate of the United States dollar against the euro.

Schedule of Mandatory Long-Term Debt Repayments [Table Text Block]

As of February 3, 2019, the Company’s mandatory long-term debt repayments for the next five years were as follows:

(In millions)
Fiscal Year	Amount
2019	$	—
2020	123.5
2021	1,525.8
2022	—
2023	100.0

Total debt repayments for the next five years exceed the total carrying amount of the Company’s Term Loan A facility and 7 3/4% debentures due 2023 as of February 3, 2019 because the carrying amount reflects the unamortized portions of debt issuance costs and the original issue discounts.

Schedule of Interest Rate Swap Agreements [Table Text Block]

The Company entered into interest rate swap agreements designed with the intended effect of converting notional amounts of its variable rate debt obligation to fixed rate debt. Under the terms of the agreements, for the outstanding notional amount, the Company’s exposure to fluctuations in the one-month London interbank offered rate (“LIBOR”) is eliminated and the Company pays a fixed rate plus the current applicable margin. The following interest rate swap agreements were entered into or in effect during 2018, 2017 and 2016:

(In millions)
Designation Date	Commencement Date	Initial Notional Amount		Notional Amount Outstanding as of February 3, 2019		Fixed Rate	Expiration Date
January 2019	February 2020	$	50.0	$	—	2.4187%	February 2021
November 2018	February 2019	139.2		—		2.8645%	February 2021
October 2018	February 2019	115.7		—		2.9975%	February 2021
June 2018	August 2018	50.0		50.0		2.6825%	February 2021
June 2017	February 2018	306.5		181.5		1.566%	February 2020
July 2014	February 2016	682.6		—		1.924%	February 2018

The notional amounts of the outstanding interest rate swap that commenced in February 2018 and the interest rate swaps that will commence in February 2019 will be adjusted according to pre-set schedules during the terms of the swap agreements such that, based on the Company’s projections for future debt repayments, the Company’s outstanding debt under the 2016 facilities is expected to always equal or exceed the combined notional amount of the then-outstanding interest rate swaps.