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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Feb. 02, 2020
Feb. 03, 2019
Feb. 04, 2018
OPERATING ACTIVITIES      
Net income $ 415.1 $ 744.6 $ 536.1
Adjustments to reconcile to net cash provided by operating activities:      
Depreciation and amortization 323.8 334.8 324.9
Equity in net income of unconsolidated affiliates (9.6) (21.3) (10.1)
Deferred taxes (72.9) [1] (113.3) [1] (224.6)
Stock-based compensation expense 56.1 56.2 44.9
Impairment of long-lived assets 109.9 [2] 17.9 7.5
Actuarial loss on retirement and benefit plans 97.8 15.0 2.5
Settlement loss on retirement plans 0.0 0.0 9.4
Debt modification and extinguishment costs 5.2 0.0 23.9
Other noncash loss, net 28.9 0.0 0.0
Changes in operating assets and liabilities:      
Trade receivables, net (17.1) (151.4) 3.3
Other receivables 1.0 10.7 (11.7)
Inventories, net 121.4 (212.1) (163.5)
Accounts payable, accrued expenses and deferred revenue 47.8 112.9 185.9
Prepaid expenses (14.4) 8.5 (41.0)
Employer pension contributions (0.7) (10.0) (0.3)
Contingent purchase price payments to Mr. Calvin Klein 0.0 (15.9) (55.6)
Other, net (72.0) 75.9 12.6
Net cash provided by operating activities 1,020.3 852.5 644.2
INVESTING ACTIVITIES      
Acquisitions, net of cash acquired (192.4) (15.9) (40.1)
Purchase of property, plant and equipment (345.2) (379.5) (358.1)
Proceeds from sale of building 59.4 0.0 3.4
Investments to unconsolidated affiliates (27.7) 0.0 (14.2)
Payment received on advance to unconsolidated affiliate 0.0 0.0 6.3
Net cash used by investing activities [3] (505.9) (395.4) (402.7)
FINANCING ACTIVITIES      
Proceeds from 2019 facilities, net of related fees 1,639.8 0.0 0.0
Net (payments on) proceeds from short-term borrowings (12.1) (6.7) 0.4
Repayments of Secured Debt (1,649.3) 0.0 0.0
Repayments of 2019 facilities (70.6) 0.0 0.0
Net proceeds from settlement of awards under stock plans 2.5 20.4 30.0
Cash dividends (11.3) (11.6) (11.9)
Acquisition of treasury shares (345.1) (325.2) (259.1)
Payments of finance lease obligations (5.5) (5.4) (5.1)
Tommy Hilfiger India contingent purchase price payments 0.0 0.0 (0.8)
Contributions from non-controlling interest 0.0 0.0 1.7
Net cash used by financing activities [2] (451.6) (478.5) (509.0)
Effect of exchange rate changes on cash and cash equivalents (11.4) (20.5) 31.3
(Decrease) increase in cash and cash equivalents 51.4 (41.9) (236.2)
Cash and cash equivalents at beginning of year 452.0 493.9 730.1
Cash and cash equivalents at end of year 503.4 452.0 493.9
Senior Notes Due 2027 [Member]      
FINANCING ACTIVITIES      
Proceeds from 3 1/8% senior notes, net of related fees 0.0 0.0 701.6
Senior notes due 2022 [Member]      
FINANCING ACTIVITIES      
Repayments of Secured Debt 0.0 0.0 (715.8)
2016 and 2014 facilities [Member]      
FINANCING ACTIVITIES      
Repayments of Secured Debt 0.0 $ (150.0) $ (250.0)
Perpetual License Rights [Member]      
Adjustments to reconcile to net cash provided by operating activities:      
Impairment of long-lived assets 116.4    
Fair Value, Nonrecurring [Member] | Perpetual License Rights [Member]      
Adjustments to reconcile to net cash provided by operating activities:      
Impairment of long-lived assets $ 116.4    
[1] Includes the impact of the U.S. Tax Legislation in 2018 and 2017 and the impact of the 2019 Dutch Tax Plan in 2018.
Please see Note 10 for further information.
[2]  Noncash impairment charge of $116.4 million related to the sale of the Speedo North America business is included in Other noncash loss, net. Please see Note 4 for further information.
[3] Please see Note 20 for information on noncash investing and financing transactions.