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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Aug. 04, 2019
Aug. 05, 2018
OPERATING ACTIVITIES    
Net income $ 274.7 $ 343.6
Adjustments to reconcile to net cash used by operating activities:    
Depreciation and amortization 154.9 166.2
Equity in net income of unconsolidated affiliates (4.6) (7.1)
Deferred taxes (20.6) (7.0)
Stock-based compensation expense 28.3 26.8
Impairment of long-lived assets 87.8 0.0
Debt modification and extinguishment costs 5.2 0.0
Other noncash gain (113.1) 0.0
Changes in operating assets and liabilities:    
Trade receivables, net (4.4) (80.2)
Other receivables (0.6) 15.5
Inventories, net (66.6) (208.3)
Accounts payable, accrued expenses and deferred revenue (1.3) 5.5
Prepaid expenses (37.0) (15.8)
Contingent purchase price payments to Mr. Calvin Klein 0.0 (15.9)
Other, net 15.2 87.6
Net cash provided by operating activities 317.9 310.9
INVESTING ACTIVITIES    
Acquisitions, net of cash acquired (192.3) (15.9)
Purchases of property, plant and equipment (150.5) (164.9)
Proceeds from sale of building 59.4 0.0
Net cash used by investing activities [1] (283.4) (180.8)
FINANCING ACTIVITIES    
Net proceeds from short-term borrowings 119.9 65.9
Proceeds from 2019 facilities, net of related fees 1,639.8 0.0
Repayment of 2016 facilities (1,649.3) (85.0)
Net proceeds from settlement of awards under stock plans 1.9 20.4
Cash dividends (8.5) (8.8)
Acquisition of treasury shares (144.7) (162.1)
Payments of finance lease liabilities (2.9) (2.6)
Net cash provided by financing activities [1] (43.8) (172.2)
Effect of exchange rate changes on cash and cash equivalents (9.2) (20.7)
Decrease in cash and cash equivalents (18.5) (62.8)
Cash and cash equivalents at beginning of period 452.0 493.9
Cash and cash equivalents at end of period $ 433.5 $ 431.1
[1] See Note 19 for information on Noncash Investing and Financing Transactions.