Restructuring Plans (Tables)

6 Months Ended

Aug. 01, 2020

Restructuring and Related Activities [Abstract]

Restructuring and Related Costs

Restructuring charges and other Plan related costs are classified in the condensed consolidated statements of operations as follows:

		13 weeks ended				26 weeks ended
(in millions)	Statement of operations caption	August 1, 2020		August 3, 2019		August 1, 2020		August 3, 2019
Inventory charges	Restructuring charges - cost of sales	$	(0.2)	$	4.4	$	(0.6)	$	4.4
Other Plan related expenses	Restructuring charges	28.9		23.4		41.6		50.2
Total Signet Path to Brilliance Plan expenses		$	28.7	$	27.8	$	41.0	$	54.6

The composition of the restructuring charges the Company incurred during the 13 and 26 weeks ended August 1, 2020, as well as the cumulative amount incurred under the Plan through August 1, 2020, were as follows:

	13 weeks ended		26 weeks ended		Cumulative amount
(in millions)	August 1, 2020		August 1, 2020		August 1, 2020
Inventory charges	$	(0.2)	$	(0.6)	$	70.8
Termination benefits	20.2		23.1		48.9
Store closure and other costs	8.7		18.5		126.3
Total Signet Path to Brilliance Plan expenses	$	28.7	$	41.0	$	246.0

Schedule of Plan Liabilities

The following table summarizes the activity related to the Plan liabilities for Fiscal 2021:

(in millions)	Termination benefits		Store closure and other costs		Consolidated
Balance at February 1, 2020	$	2.0	$	10.4	$	12.4
Payments and other adjustments	(7.1)		(22.2)		(29.3)
Charged to expense	23.1		17.9		41.0
Balance at August 1, 2020	$	18.0	$	6.1	$	24.1