Derivative Instruments Derivatives (Tables)

12 Months Ended

Jan. 31, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Notional Amounts of Outstanding Derivative Positions

The aggregate notional values of the Company's outstanding net investment hedge contracts by year of maturity as of January 31, 2020 are as follows:

Fiscal Year:	Notional Value
(in millions)
2021	$	21.6
2022	21.6
2023	267.0
2024	12.4
2025	12.4
Thereafter	281.0
Total	$	616.0

Schedule of Net Investment Hedges in Accumulated Other Comprehensive Income (Loss)

The following table presents the effects of the Company's net investment hedges on accumulated other comprehensive income ("AOCI") and earnings for the year ended January 31, 2020:

	Year ended January 31, 2020
Derivatives designated as net investment hedges:	Amount of gain (loss) recognized in other comprehensive income (loss)	Amount of gain (loss) reclassified from AOCI into income	Amount of gain (loss) recognized in income (amount excluded from effectiveness testing)	Location of gain (loss) recognized in income (amount excluded from effectiveness testing)
(in thousands)
Foreign currency forward contracts	15,508	—	10,237	Interest expense

The Company had no net investment hedges outstanding during the years ended January 31, 2019 and 2018.

Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss)

The following table presents the effects of the Company's cash flow hedges on AOCI and earnings for the year ended January 31, 2020:

	Year ended January 31, 2020
Derivatives designated as cash flow hedges:	Amount of gain (loss) recognized in other comprehensive income (loss)		Amount of gain (loss) reclassified from AOCI into income			Location of gain (loss) reclassified from AOCI into income
(in thousands)
Cross-currency swap	$	126	$	618		Interest expense
			(507		)	Other expense (income), net
Total	$	126	$	111

The Company had no cash flow hedges outstanding during the years ended January 31, 2019 and 2018.

Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location

The total amount of gains (losses) recognized in earnings on the Company's derivatives not designated as hedges for the years ended January 31, 2020, 2019 and 2018 are as follows:

		Gains (losses) recognized in earnings
		Year ended January 31,
Derivatives not designated as hedges	Income statement location	2020			2019			2018
(in millions)
Foreign currency forward contracts	Cost of products sold	$	(3.0	)	$	17.7		$	(24.3	)
Foreign currency forward contracts	Other expense (income), net	(5.3		)	(44.8		)	(8.4		)
Total		$	(8.3	)	$	(27.1	)	$	(32.7	)