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Fair Value Measurement (Tables)
6 Months Ended
Jul. 30, 2022
Fair Value Disclosures [Abstract]  
Fair Value, by Balance Sheet Grouping The methods Signet uses to determine fair value on an instrument-specific basis are detailed below:
July 30, 2022January 29, 2022July 31, 2021
(in millions)Carrying ValueLevel 1Level 2Carrying ValueLevel 1Level 2Carrying ValueLevel 1Level 2
Assets:
US Treasury securities
$3.4 $3.4 $ $4.5 $4.5 $— $5.1 $5.1 $— 
Foreign currency contracts
1.9  1.9 0.3 — 0.3 0.9 — 0.9 
US government agency securities
2.0  2.0 2.0 — 2.0 2.0 — 2.0 
Corporate bonds and notes
4.5  4.5 5.8 — 5.8 6.2 — 6.2 
Total assets
$11.8 $3.4 $8.4 $12.6 $4.5 $8.1 $14.2 $5.1 $9.1 
Liabilities:
Foreign currency contracts
$ $ $ $(1.3)$— $(1.3)$(0.2)$— $(0.2)
Total liabilities$ $ $ $(1.3)$— $(1.3)$(0.2)$— $(0.2)
Schedule of Carrying Values and Estimated Fair Values The following table provides a summary of the carrying amount and fair value of outstanding debt:
July 30, 2022January 29, 2022July 31, 2021
(in millions) Carrying
Value
Fair ValueCarrying
Value
Fair ValueCarrying
Value
Fair Value
Long-term debt:
Senior notes (Level 2)
$147.2 $146.2 $147.1 $150.0 $146.9 $152.7