Accumulated Other Comprehensive Income (Loss)

9 Months Ended

Oct. 29, 2022

Accumulated other comprehensive income (loss)

The following tables present the changes in AOCI by component and the reclassifications out of AOCI, net of tax:


							Pension plan
(in millions)	Foreign currency translation		Gains (losses) on available-for-sale securities, net		Gains (losses) on cash flow hedges		Actuarial (losses) gains		Prior service costs		Accumulated other comprehensive income (loss)
Balance at January 29, 2022	$	(244.3)	$	0.2	$	0.4	$	(103.3)	$	(3.9)	$	(350.9)
Other comprehensive income (loss) (“OCI”) before reclassifications	(42.5)		(0.6)		2.2		(0.4)		—		(41.3)
Amounts reclassified from AOCI to earnings	—		—		(0.5)		106.6		3.9		110.0

Net current period OCI	(42.5)		(0.6)		1.7		106.2		3.9		68.7
Balance at October 29, 2022	$	(286.8)	$	(0.4)	$	2.1	$	2.9	$	—	$	(282.2)

The amounts reclassified from AOCI to earnings were as follows:


	Amounts reclassified from AOCI
	13 weeks ended				39 weeks ended
(in millions)	October 29, 2022		October 30, 2021		October 29, 2022		October 30, 2021		Statement of operations caption
(Gains) losses on cash flow hedges:
Foreign currency contracts	$	(0.4)	$	0.1	$	(0.7)	$	0.4	Cost of sales (see Note 16)

Commodity contracts	—		—		—		0.2		Cost of sales (see Note 16)
Total before income tax	(0.4)		0.1		(0.7)		0.6




Income taxes	0.2		—		0.2		(0.1)
Net of tax	(0.2)		0.1		(0.5)		0.5

Defined benefit pension plan items:
Amortization of unrecognized actuarial losses	1.0		1.0		3.0		1.4		Other non-operating expense, net (see Note 22)
Amortization of unrecognized net prior service costs	0.1		—		0.3		0.1		Other non-operating expense, net (see Note 22)
Pension settlement loss	—		—		132.8		—		Other non-operating expense, net (see Note 22)
Total before income tax	1.1		1.0		136.1		1.5
Income taxes	(0.2)		(0.2)		(25.6)		(0.3)
Net of tax	0.9		0.8		110.5		1.2







Total reclassifications, net of tax	$	0.7	$	0.9	$	110.0	$	1.7