XML 49 R28.htm IDEA: XBRL DOCUMENT v3.22.0.1
Investments
12 Months Ended
Jan. 29, 2022
Investments, Debt and Equity Securities [Abstract]  
Investments Investments
Investments in debt and equity securities are held by certain insurance subsidiaries and are reported at fair value as other assets in the accompanying consolidated balance sheets. All investments are classified as available-for-sale and include the following:
January 29, 2022January 30, 2021
(in millions)CostUnrealized Gain (Loss)Fair ValueCostUnrealized Gain (Loss)Fair Value
US Treasury securities
$4.5 $ $4.5 $5.6 $0.1 $5.7 
US government agency securities
2.0  2.0 3.1 0.1 3.2 
Corporate bonds and notes
5.6 0.2 5.8 6.2 0.3 6.5 
Total investments
$12.1 $0.2 $12.3 $14.9 $0.5 $15.4 
Realized gains and losses on investments are determined on the specific identification basis. Net realized gains of $1.0 million were recognized during Fiscal 2020. There were no material net realized gains or losses during Fiscal 2022 or Fiscal 2021. Investments with a carrying value of $3.3 million and $3.4 million were on deposit with various state insurance departments at January 29, 2022 and January 30, 2021, respectively, as required by law.
Investments in debt securities outstanding as of January 29, 2022 mature as follows:
(in millions)CostFair Value
Less than one year
$4.1 $4.2 
Year two through year five
7.0 7.1 
Year six through year ten
1.0 1.0 
Total investment in debt securities
$12.1 $12.3