DEBT (Tables)

9 Months Ended

Nov. 03, 2019

Schedule of Interest Rate Swap Agreements [Line Items]

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 the thirty-nine weeks ended November 3, 2019 and/or November 4, 2018:

(In millions)
Designation Date	Commencement Date	Initial Notional Amount		Notional Amount Outstanding as of November 3, 2019		Fixed Rate	Expiration Date
August 2019	February 2020	$	50.0	$	—	1.1975%	February 2022
June 2019	February 2020	50.0		—		1.409%	February 2022
June 2019	June 2019	50.0		50.0		1.719%	July 2021
January 2019	February 2020	50.0		—		2.4187%	February 2021
November 2018	February 2019	139.2		139.1		2.8645%	February 2021
October 2018	February 2019	115.7		178.3		2.9975%	February 2021
June 2018	August 2018	50.0		50.0		2.6825%	February 2021
June 2017	February 2018	306.5		119.0		1.566%	February 2020
July 2014	February 2016	682.6		—		1.924%	February 2018

The notional amounts of the outstanding interest rate swaps that commenced in February 2018 and February 2019 are 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 USD TLA facility is expected to always equal or exceed the combined notional amount of the then-outstanding interest rate swaps.

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

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

(In millions)	11/3/19		2/3/19		11/4/18
Senior unsecured Term Loan A facilities due 2024 (1)(2)	$	1,633.8	$	—	$	—
Senior secured Term Loan A facility due 2021	—		1,643.8		1,708.3
7 3/4% debentures due 2023	99.7		99.6		99.6
3 5/8% senior unsecured euro notes due 2024 (2)	385.7		396.5		394.4
3 1/8% senior unsecured euro notes due 2027 (2)	660.5		679.5		676.0
Total	2,779.7		2,819.4		2,878.3
Less: Current portion of long-term debt	41.3		—		—
Long-term debt	$	2,738.4	$	2,819.4	$	2,878.3

⁽¹⁾ The outstanding principal balance for the United States dollar-denominated Term Loan A facility and the euro-denominated Term Loan A facility was $1,086.4 million and €496.9 million, respectively, as of November 3, 2019.

⁽²⁾ The carrying amount of the Company’s euro-denominated Term Loan A facility and 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]

As of November 3, 2019, the Company’s mandatory long-term debt repayments for the remainder of 2019 through 2024 were as follows:

(In millions)
Fiscal Year	Amount (1)
Remainder of 2019	$	10.3
2020	41.3
2021	61.9
2022	103.1
2023	223.8
2024	1,689.4

⁽¹⁾ A portion of the Company’s mandatory long-term debt repayments are denominated in euro and subject to changes in the exchange rate of the United States dollar against the euro.

Total debt repayments for the remainder of 2019 through 2024 exceed the total carrying amount of the Company’s Term Loan A facilities, 7 3/4% debentures due 2023 and 3 5/8% senior euro notes due 2024 as of November 3, 2019 because the carrying amount reflects the unamortized portions of debt issuance costs and the original issue discount