XML 38 R42.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)
 9 Months Ended
Nov. 03, 2019
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Accumulated Other Comprehensive Loss [Table Text Block]

The following tables present the changes in AOCL, net of related taxes, by component for the thirty-nine weeks ended November 3, 2019 and November 4, 2018:

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

 
$
(507.9
)
Other comprehensive (loss) income before reclassifications
(107.2
)
(1)(2) 
13.8

 
(93.4
)
Less: Amounts reclassified from AOCL
—

 
21.3

 
21.3

Other comprehensive loss
(107.2
)
 
(7.5
)
 
(114.7
)
Balance, November 3, 2019
$
(644.8
)
 
$
22.2

 
$
(622.6
)



(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
(321.0
)
(1)(2) 
86.9

 
(234.1
)
Less: Amounts reclassified from AOCL
—

 
(21.3
)
 
(21.3
)
Other comprehensive (loss) income
(321.0
)
 
108.2

 
(212.8
)
Balance, November 4, 2018
$
(570.4
)
 
$
36.1

 
$
(534.3
)


(1) Foreign currency translation adjustments included a net gain on net investment hedges of $23.6 million and $75.9 million during the thirty-nine weeks ended November 3, 2019 and November 4, 2018, respectively.

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

Schedule of Amounts Reclassified Out of Accumulated Other Comprehensive Loss [Table Text Block]
The following table presents reclassifications out of AOCL to earnings for the thirteen and thirty-nine weeks ended November 3, 2019 and November 4, 2018:

Amount Reclassified from AOCL
Affected Line Item in the Company’s Consolidated Income Statements
 
Thirteen Weeks Ended
 
Thirty-Nine Weeks Ended
 
(In millions)
11/3/19
 
11/4/18
 
11/3/19
 
11/4/18
 
Realized (loss) gain on effective cash flow hedges:
 
 
 
 
 
 
 
 
Foreign currency forward exchange contracts (inventory purchases)
$
(2.3
)
 
$
5.5

 
$
23.4

 
$
(23.1
)
Cost of goods sold
Interest rate swap agreements
(0.6
)
 
0.2

 
(0.4
)
 
0.6

Interest expense
Less: Tax effect
0.2

 
(0.1
)
 
1.7

 
(1.2
)
Income tax expense
Total, net of tax
$
(3.1
)
 
$
5.8

 
$
21.3

 
$
(21.3
)