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ACCUMULATED OTHER COMPREHENSIVE LOSS CHANGES IN ACCUMULATED OTHER COMPREHENSIVE LOSS (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Aug. 01, 2021
May 02, 2021
Aug. 02, 2020
May 03, 2020
Aug. 01, 2021
Aug. 02, 2020
Net gain (loss) on net investment hedges, net of tax $ 16.1   $ (81.8)   $ (20.6) $ 70.3
Change in accumulated other comprehensive loss            
Balance at beginning of year   $ (519.1)     (519.1)  
Other comprehensive (loss) income 0.5   110.8   6.8 17.5
Balance at end of period (512.3)   (622.6)   (512.3) (622.6)
Foreign currency translation adjustments            
Net gain (loss) on net investment hedges, net of tax         20.6 (70.3)
Change in accumulated other comprehensive loss            
Balance at beginning of year   (481.6)   $ (665.7) (481.6) (665.7)
Other comprehensive (loss) income, before reclassifications, net of tax [1]         (44.8) [2] 60.5 [3]
Less: Amounts reclassified from AOCL, net of tax         0.0 0.0
Other comprehensive (loss) income         (44.8) 60.5
Balance at end of period (526.4)   (605.2)   (526.4) (605.2)
Net unrealized and realized (loss) gain on effective cash flow hedges            
Change in accumulated other comprehensive loss            
Balance at beginning of year   (37.5)   25.6 (37.5) 25.6
Other comprehensive (loss) income, before reclassifications, net of tax         58.5 (43.6)
Less: Amounts reclassified from AOCL, net of tax 5.5   (1.3)   6.9 (0.6)
Other comprehensive (loss) income         51.6 (43.0)
Balance at end of period 14.1   (17.4)   14.1 (17.4)
Total            
Net gain (loss) on net investment hedges, net of tax 16.1 4.5 (81.8) 11.5    
Change in accumulated other comprehensive loss            
Balance at beginning of year   $ (519.1)   $ (640.1) (519.1) (640.1)
Other comprehensive (loss) income, before reclassifications, net of tax         13.7 16.9
Less: Amounts reclassified from AOCL, net of tax         6.9 (0.6)
Other comprehensive (loss) income         6.8 17.5
Balance at end of period $ (512.3)   $ (622.6)   $ (512.3) $ (622.6)
[1] Foreign currency translation adjustments included a net gain (loss) on net investment hedges of $20.6 million and $(70.3) million during the twenty-six weeks ended August 1, 2021 and August 2, 2020, respectively.
[2] Unfavorable foreign currency translation adjustments were principally driven by a strengthening of the United States dollar against the euro.
[3] Favorable foreign currency translation adjustments were principally driven by a weakening of the United States dollar against the euro.