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INCOME TAXES Current and Deferred Income Taxes (Details) - USD ($)
$ in Millions
12 Months Ended
Jan. 30, 2022
Jan. 31, 2021
Feb. 02, 2020
Income Tax Disclosure [Abstract]      
Net Tax Expense Resulting from 2021 Dutch Tax Plan   $ 33.1  
Net tax benefit from write-off of deferred tax liabilities     $ 27.8
Tax benefit related to tax accounting change from 2020 federal tax return $ 106.3    
Tax benefit related to expiration of special tax rates at the end of 2021 32.3    
Income Taxes Paid, Net [Abstract]      
Income taxes paid 155.4 130.7 133.0
Federal:      
Current (87.7) (22.2) (30.4)
Deferred (51.4) [1] (103.5) (52.6) [2]
State and local:      
Current 19.6 3.1 4.3
Deferred (21.7) (19.0) (16.5)
Foreign:      
Current 153.7 108.3 127.9
Deferred 8.2 [3] (22.2) [4] (3.8) [2]
Total $ 20.7 $ (55.5) $ 28.9
[1] Includes a $106.3 million benefit related to a tax accounting method change made in conjunction with the Company’s 2020 U.S. federal income tax return that provides additional tax benefits to the foreign components of the federal income tax provision.
[2] Includes a $27.8 million benefit related to the write-off of deferred tax liabilities in connection with the pre-tax noncash impairment of the then-owned Speedo perpetual license right, primarily in the United States. Please see Note 3, “Acquisitions and Divestitures,” for further discussion.
[3] Includes a $32.3 million benefit related to the remeasurement of certain net deferred tax assets in connection with the expiration of the special tax rates at the end of 2021.
[4] Includes a $33.1 million expense related to the remeasurement of certain net deferred tax liabilities in connection with the enactment of legislation in the Netherlands known as the “2021 Dutch Tax Plan,” which became effective on January 1, 2021.