DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

12 Months Ended

Jan. 30, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

The following table summarizes the fair value and presentation of the Company’s derivative financial instruments in its Consolidated Balance Sheets:

	Assets								Liabilities
	2021				2020				2021				2020
(In millions)	Other Current Assets		Other Assets		Other Current Assets		Other Assets		Accrued Expenses		Other Liabilities		Accrued Expenses		Other Liabilities
Contracts designated as cash flow hedges:
Foreign currency forward exchange contracts (inventory purchases)	$	48.0	$	2.7	$	1.2	$	0.1	$	0.6	$	—	$	29.0	$	0.4
Interest rate swap agreements	—		—		—		—		—		—		3.2		1.5
Total contracts designated as cash flow hedges	48.0		2.7		1.2		0.1		0.6		—		32.2		1.9
Undesignated contracts:
Foreign currency forward exchange contracts	5.6		—		2.5		—		1.1		—		1.6		—
Total	$	53.6	$	2.7	$	3.7	$	0.1	$	1.7	$	—	$	33.8	$	1.9

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block]

The following tables summarize the effect of the Company’s hedges designated as cash flow and net investment hedging instruments:

	Gain (Loss) Recognized in Other Comprehensive (Loss) Income
(In millions)	2021		2020		2019
Foreign currency forward exchange contracts (inventory purchases)	$	109.2	$	(57.3)	$	22.4
Interest rate swap agreements	0.2		(9.9)		(5.8)
Foreign currency borrowings (net investment hedges)	111.3		(125.0)		39.3
Total	$	220.7	$	(192.2)	$	55.9

	Amount of (Loss) Gain Reclassified from AOCL into (Expense) Income, Consolidated Statements of Operations Location, and Total Amount of Consolidated Statements of Operations Line Item
	Amount Reclassified						Location	Total Statements of Operations Amount
(In millions)	2021		2020		2019			2021		2020		2019
Foreign currency forward exchange contracts (inventory purchases)	$	(1.8)	$	12.5	$	23.1	Cost of goods sold	$	3,830.6	$	3,355.8	$	4,520.6
Interest rate swap agreements	(1.5)		—		—		SG&A (1)	4,453.9		3,983.2		4,715.2
Interest rate swap agreements	(3.0)		(11.0)		(1.4)		Interest expense	108.6		125.5		120.0
Total	$	(6.3)	$	1.5	$	21.7

(1) The Company dedesignated certain cash flow hedges related to its interest rate swap agreements during 2021 as discussed in the section entitled “Cash Flow Hedges” above.

Derivatives Not Designated as Hedging Instruments [Table Text Block]

The following table summarizes the effect of the Company’s undesignated contracts recognized in SG&A expenses in its Consolidated Statements of Operations:

	Gain (Loss) Recognized in Income (Expense)
(In millions)	2021		2020		2019
Foreign currency forward exchange contracts	$	14.7	$	(11.8)	$	3.4