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ACCUMULATED OTHER COMPREHENSIVE LOSS
3 Months Ended
May 05, 2019
Accumulated Other Comprehensive Income [Abstract]  
Accumulated Other Comprehensive Loss
ACCUMULATED OTHER COMPREHENSIVE LOSS

The following tables present the changes in AOCL, net of related taxes, by component for the thirteen weeks ended May 5, 2019 and May 6, 2018:

(In millions)
Foreign currency translation adjustments
 
Net unrealized and realized gain on effective cash flow hedges
 
Total
Balance, February 3, 2019
$
(537.6
)
 
$
29.7

 
$
(507.9
)
Other comprehensive (loss) income before reclassifications
(89.2
)
(1)(2) 
27.7

 
(61.5
)
Less: Amounts reclassified from AOCL

 
14.3

 
14.3

Other comprehensive (loss) income
(89.2
)
 
13.4

 
(75.8
)
Balance, May 5, 2019
$
(626.8
)
 
$
43.1

 
$
(583.7
)



(In millions)
Foreign currency translation adjustments
 
Net unrealized and realized (loss) gain on effective cash flow hedges
 
Total
Balance, February 4, 2018
$
(249.4
)
 
$
(72.1
)
 
$
(321.5
)
Other comprehensive (loss) income before reclassifications
(135.2
)
(1)(2) 
28.0

 
(107.2
)
Less: Amounts reclassified from AOCL

 
(22.1
)
 
(22.1
)
Other comprehensive (loss) income
(135.2
)
 
50.1

 
(85.1
)
Balance, May 6, 2018
$
(384.6
)
 
$
(22.0
)
 
$
(406.6
)

(1) Foreign currency translation adjustments included a net gain on net investment hedges of $22.4 million and $37.0 million during the thirteen weeks ended May 5, 2019 and May 6, 2018, respectively.

(2) Unfavorable foreign currency translation adjustments were principally driven by a strengthening of the United States dollar against the euro.

The following table presents reclassifications out of AOCL to earnings for the thirteen weeks ended May 5, 2019 and May 6, 2018:

Amount Reclassified from AOCL
 
Affected Line Item in the Company’s Consolidated Income Statements
 
Thirteen Weeks Ended
 
 
(In millions)
5/5/19
 
5/6/18
 
 
Realized gain (loss) on effective cash flow hedges:
 
 
 
 
 
Foreign currency forward exchange contracts (inventory purchases)
$
15.0

 
$
(22.9
)
 
Cost of goods sold
Interest rate swap agreements
0.2

 

 
Interest expense
Less: Tax effect
0.9

 
(0.8
)
 
Income tax expense
Total, net of tax
$
14.3

 
$
(22.1
)