XML 45 R34.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
DEBT (Tables)
 3 Months Ended
May 05, 2024
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments [Table Text Block]
Long-Term Debt

The carrying amounts of the Company’s long-term debt were as follows:
(In millions)5/5/242/4/244/30/23
Senior unsecured Term Loan A facility due 2027 (1)
$457.8 $461.6 $478.8 
7 3/4% debentures due 2023— — 99.9 
3 5/8% senior unsecured euro notes due 2024 (1)
— 565.7 574.6 
4 5/8% senior unsecured notes due 2025498.5 498.2 497.3 
3 1/8% senior unsecured euro notes due 2027 (1)
642.3 643.7 654.4 
4 1/8% senior unsecured euro notes due 2029 (1)
559.2 — — 
Total    2,157.8 2,169.2 2,305.0 
Less: Current portion of long-term debt    11.9 577.5 112.0 
Long-term debt    $2,145.9 $1,591.7 $2,193.0 

(1) The carrying amount of the euro-denominated Term Loan A facility and the senior unsecured euro notes includes the impact of changes in the exchange rate of the United States dollar against the euro.
Schedule of Mandatory Long-Term Debt Repayments [Table]
The Company’s mandatory long-term debt repayments for the remainder of 2024 through 2029 were as follows as of May 5, 2024:
(In millions)
Fiscal Year
Amount (1)
Remainder of 2024$8.9 
2025511.9 
202611.9 
20271,072.4 
2028— 
2029565.0 

(1) A portion of the Company’s mandatory long-term debt repayments is denominated in euros and subject to changes in the exchange rate of the United States dollar against the euro.

Total debt repayments for the remainder of 2024 through 2029 exceed the total carrying amount of the Company’s debt as of May 5, 2024 because the carrying amount reflects the unamortized portions of debt issuance costs and the original issue discounts.