DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

9 Months Ended

Oct. 30, 2022

Derivative Financial Instruments [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
	10/30/22				1/30/22				10/31/21				10/30/22				1/30/22				10/31/21
(In millions)	Other Current Assets		Other Assets		Other Current Assets		Other Assets		Other Current Assets		Other Assets		Accrued Expenses		Other Liabilities		Accrued Expenses		Other Liabilities		Accrued Expenses		Other Liabilities
Contracts designated as cash flow hedges:
Foreign currency forward exchange contracts (inventory purchases)	$	95.3	$	1.8	$	48.0	$	2.7	$	25.1	$	1.3	$	2.9	$	—	$	0.6	$	—	$	1.4	$	0.1
Interest rate swap agreements	—		—		—		—		—		—		—		—		—		—		0.3		—
Total contracts designated as cash flow hedges	95.3		1.8		48.0		2.7		25.1		1.3		2.9		—		0.6		—		1.7		0.1
Undesignated contracts:
Foreign currency forward exchange contracts	0.5		—		5.6		—		3.4		—		3.1		—		1.1		—		2.1		—
Interest rate swap agreements	—		—		—		—		—		—		—		—		—		—		0.5		0.1
Total undesignated contracts	0.5		—		5.6		—		3.4		—		3.1		—		1.1		—		2.6		0.1
Total	$	95.8	$	1.8	$	53.6	$	2.7	$	28.5	$	1.3	$	6.0	$	—	$	1.7	$	—	$	4.3	$	0.2

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 Recognized in Other Comprehensive Loss
(In millions)
Thirteen Weeks Ended	10/30/22		10/31/21
Foreign currency forward exchange contracts (inventory purchases)	$	24.4	$	17.2
Interest rate swap agreements	—		0.1
Foreign currency borrowings (net investment hedges)	27.6		27.4
Total	$	52.0	$	44.7
Thirty-Nine Weeks Ended	10/30/22		10/31/21
Foreign currency forward exchange contracts (inventory purchases)	$	70.2	$	82.0
Interest rate swap agreements	—		0.2
Foreign currency borrowings (net investment hedges)	132.6		54.7
Total	$	202.8	$	136.9

	Amount of Gain (Loss) Reclassified from AOCL into Income (Expense), Consolidated Statements of Operations Location, and Total Amount of Consolidated Statements of Operations Line Item
(In millions)	Amount Reclassified				Location	Total Statements of Operations Amount
Thirteen Weeks Ended	10/30/22		10/31/21			10/30/22		10/31/21
Foreign currency forward exchange contracts (inventory purchases)	$	9.9	$	(6.6)	Cost of goods sold	$	1,006.6	$	987.4
Interest rate swap agreements	—		(1.3)		SG&A (1)	1,085.0		1,097.3
Interest rate swap agreements	—		(0.7)		Interest expense	21.1		25.9
Total	$	9.9	$	(8.6)
Thirty-Nine Weeks Ended	10/30/22		10/31/21			10/30/22		10/31/21
Foreign currency forward exchange contracts (inventory purchases)	$	13.6	$	1.2	Cost of goods sold	$	2,803.1	$	2,817.2
Interest rate swap agreements	—		(1.3)		SG&A (1)	3,194.8		3,198.7
Interest rate swap agreements	—		(2.6)		Interest expense	65.9		83.7
Total	$	13.6	$	(2.7)

(1) The Company dedesignated certain cash flow hedges related to its interest rate swap agreements during the thirteen weeks ended October 31, 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:

(In millions)	Gain (Loss) Recognized in Income (Expense)
Thirteen Weeks Ended	10/30/22		10/31/21
Foreign currency forward exchange contracts	$	8.7	$	(4.7)
Thirty-Nine Weeks Ended	10/30/22		10/31/21
Foreign currency forward exchange contracts	$	35.3	$	(6.9)