XML 117 R78.htm IDEA: XBRL DOCUMENT v3.20.1
DERIVATIVE FINANCIAL INSTRUMENTS (Details)
€ in Millions, $ in Millions
12 Months Ended
Feb. 02, 2020
USD ($)
Feb. 03, 2019
USD ($)
Feb. 04, 2018
USD ($)
Feb. 02, 2020
EUR (€)
Derivative [Line Items]        
Cost of Goods Sold $ 4,520.6 $ 4,348.5 $ 4,020.4  
Interest expense 120.0 120.8 128.5  
Other Current Assets [Member]        
Derivative [Line Items]        
Derivative Asset, Fair Value, Gross Asset 23.0 25.5    
Other Assets [Member]        
Derivative [Line Items]        
Derivative Asset, Fair Value, Gross Asset 0.4 0.7    
Accrued Expenses [Member]        
Derivative [Line Items]        
Derivative Liability, Fair Value, Gross Liability 7.6 6.7    
Other Liabilities [Member]        
Derivative [Line Items]        
Derivative Liability, Fair Value, Gross Liability 0.5 2.3    
Net Investment Hedging [Member]        
Derivative [Line Items]        
Long-term debt, fair value 1,178.6 1,098.3    
Long-term debt, carrying amount 1,038.5 1,076.0    
Foreign Exchange Forward Inventory Purchases [Member]        
Derivative [Line Items]        
Derivative, Notional Amount 1,308.1      
Undesignated contracts [Member] | Foreign Currency Forward Exchange Contracts [Member] | Other Current Assets [Member]        
Derivative [Line Items]        
Derivative Asset, Fair Value, Gross Asset 1.5 0.1    
Undesignated contracts [Member] | Foreign Currency Forward Exchange Contracts [Member] | Other Assets [Member]        
Derivative [Line Items]        
Derivative Asset, Fair Value, Gross Asset 0.0 0.0    
Undesignated contracts [Member] | Foreign Currency Forward Exchange Contracts [Member] | Accrued Expenses [Member]        
Derivative [Line Items]        
Derivative Liability, Fair Value, Gross Liability 0.9 2.0    
Undesignated contracts [Member] | Foreign Currency Forward Exchange Contracts [Member] | Other Liabilities [Member]        
Derivative [Line Items]        
Derivative Liability, Fair Value, Gross Liability $ 0.0 0.0    
Cost of Sales [Member] | Foreign Exchange Forward Inventory Purchases [Member]        
Derivative [Line Items]        
Derivative Instruments, Net Gain (Loss) Reclassification from AOCL to Income (Expense), Estimate of time to transfer 12 months      
Derivative Instruments, Net Gain (Loss) Reclassification from AOCL to Income (Expense), Estimated Net Amount to be Transferred $ (29.5)      
Interest Expense [Member] | Interest Rate Swap [Member]        
Derivative [Line Items]        
Derivative Instruments, Net Gain (Loss) Reclassification from AOCL to Income (Expense), Estimate of time to transfer 12 months      
Derivative Instruments, Net Gain (Loss) Reclassification from AOCL to Income (Expense), Estimated Net Amount to be Transferred $ (5.4)      
Selling, General and Administrative Expenses [Member] | Undesignated contracts [Member] | Foreign Currency Forward Exchange Contracts [Member]        
Derivative [Line Items]        
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss) Recognized in Income (Expense), Net 3.4 (1.5) (4.6)  
Selling, General and Administrative Expenses [Member] | Undesignated contracts [Member] | Foreign currency option contract [Member]        
Derivative [Line Items]        
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss) Recognized in Income (Expense), Net 0.0 0.0 (4.3)  
Cash Flow Hedging [Member] | Contracts designated as cash flow hedges [Member]        
Derivative [Line Items]        
Other comprehensive (loss) income before reclassifications, net unrealized and realized gain (loss) on effective cash flow hedges, net of tax 55.9 190.1 (218.3)  
Derivative Instruments, Gain (Loss) Reclassified from AOCL into Income (Expense), Effective Portion, Net 21.7 (10.5) (19.8)  
Cash Flow Hedging [Member] | Contracts designated as cash flow hedges [Member] | Other Current Assets [Member]        
Derivative [Line Items]        
Derivative Asset, Fair Value, Gross Asset 21.5 25.4    
Cash Flow Hedging [Member] | Contracts designated as cash flow hedges [Member] | Other Assets [Member]        
Derivative [Line Items]        
Derivative Asset, Fair Value, Gross Asset 0.4 0.7    
Cash Flow Hedging [Member] | Contracts designated as cash flow hedges [Member] | Accrued Expenses [Member]        
Derivative [Line Items]        
Derivative Liability, Fair Value, Gross Liability 6.7 4.7    
Cash Flow Hedging [Member] | Contracts designated as cash flow hedges [Member] | Other Liabilities [Member]        
Derivative [Line Items]        
Derivative Liability, Fair Value, Gross Liability 0.5 2.3    
Cash Flow Hedging [Member] | Contracts designated as cash flow hedges [Member] | Interest Rate Swap [Member]        
Derivative [Line Items]        
Other comprehensive (loss) income before reclassifications, net unrealized and realized gain (loss) on effective cash flow hedges, net of tax (5.8) (2.6) 3.2  
Cash Flow Hedging [Member] | Contracts designated as cash flow hedges [Member] | Interest Rate Swap [Member] | Other Current Assets [Member]        
Derivative [Line Items]        
Derivative Asset, Fair Value, Gross Asset 0.1 1.4    
Cash Flow Hedging [Member] | Contracts designated as cash flow hedges [Member] | Interest Rate Swap [Member] | Other Assets [Member]        
Derivative [Line Items]        
Derivative Asset, Fair Value, Gross Asset 0.0 0.0    
Cash Flow Hedging [Member] | Contracts designated as cash flow hedges [Member] | Interest Rate Swap [Member] | Accrued Expenses [Member]        
Derivative [Line Items]        
Derivative Liability, Fair Value, Gross Liability 5.5 1.2    
Cash Flow Hedging [Member] | Contracts designated as cash flow hedges [Member] | Interest Rate Swap [Member] | Other Liabilities [Member]        
Derivative [Line Items]        
Derivative Liability, Fair Value, Gross Liability 0.4 1.6    
Cash Flow Hedging [Member] | Contracts designated as cash flow hedges [Member] | Net Investment Hedging [Member]        
Derivative [Line Items]        
Other comprehensive (loss) income before reclassifications, net unrealized and realized gain (loss) on effective cash flow hedges, net of tax 39.3 95.6 (99.5)  
Cash Flow Hedging [Member] | Contracts designated as cash flow hedges [Member] | Foreign Exchange Forward Inventory Purchases [Member]        
Derivative [Line Items]        
Other comprehensive (loss) income before reclassifications, net unrealized and realized gain (loss) on effective cash flow hedges, net of tax 22.4 97.1 (122.0)  
Cash Flow Hedging [Member] | Contracts designated as cash flow hedges [Member] | Foreign Exchange Forward Inventory Purchases [Member] | Other Current Assets [Member]        
Derivative [Line Items]        
Derivative Asset, Fair Value, Gross Asset 21.4 24.0    
Cash Flow Hedging [Member] | Contracts designated as cash flow hedges [Member] | Foreign Exchange Forward Inventory Purchases [Member] | Other Assets [Member]        
Derivative [Line Items]        
Derivative Asset, Fair Value, Gross Asset 0.4 0.7    
Cash Flow Hedging [Member] | Contracts designated as cash flow hedges [Member] | Foreign Exchange Forward Inventory Purchases [Member] | Accrued Expenses [Member]        
Derivative [Line Items]        
Derivative Liability, Fair Value, Gross Liability 1.2 3.5    
Cash Flow Hedging [Member] | Contracts designated as cash flow hedges [Member] | Foreign Exchange Forward Inventory Purchases [Member] | Other Liabilities [Member]        
Derivative [Line Items]        
Derivative Liability, Fair Value, Gross Liability 0.1 0.7    
Cash Flow Hedging [Member] | Cost of Sales [Member] | Contracts designated as cash flow hedges [Member] | Foreign Exchange Forward Inventory Purchases [Member]        
Derivative [Line Items]        
Derivative Instruments, Gain (Loss) Reclassified from AOCL into Income (Expense), Effective Portion, Net 23.1 (11.6) (13.6)  
Cash Flow Hedging [Member] | Interest Expense [Member] | Contracts designated as cash flow hedges [Member] | Interest Rate Swap [Member]        
Derivative [Line Items]        
Derivative Instruments, Gain (Loss) Reclassified from AOCL into Income (Expense), Effective Portion, Net (1.4) 1.1 $ (6.2)  
Senior Notes Due 2027 [Member]        
Derivative [Line Items]        
Debt instrument, face amount | €       € 600.0
Long-term debt, carrying amount [1] $ 655.6 679.5    
Debt Instrument, Interest Rate, Stated Percentage 3.125%     3.125%
Senior Notes Due 2024 [Member]        
Derivative [Line Items]        
Debt instrument, face amount | €       € 350.0
Long-term debt, carrying amount [1] $ 382.9 $ 396.5    
Debt Instrument, Interest Rate, Stated Percentage 3.625%     3.625%
[1]
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.