Pension plans (Tables)

12 Months Ended

Feb. 02, 2013

Summary Of Changes In Fair Value Of Plan Assets

The following tables provide information concerning the UK Plan as of and for the fiscal years ended February 2, 2013 and January 28, 2012:

	Fiscal 2013			Fiscal 2012
(in millions)
Change in UK Plan assets:
Fair value at beginning of year	$	236.0		$	216.7
Actual return on UK Plan assets		22.1			16.2
Employer contributions		13.7			14.4
Members’ contributions		0.5			0.6
Benefits paid		(10.9	)		(8.8	)
Foreign currency changes		(0.3	)		(3.1	)
Fair value of UK Plan assets at end of year	$	261.1		$	236.0

Schedule of Changes in Projected Benefit Obligations

	Fiscal 2013			Fiscal 2012
(in millions)
Change in benefit obligation:
Benefit obligation at beginning of year	$	204.5		$	193.9
Service cost		3.6			4.8
Past service cost		1.1			(7.4	)
Interest cost		9.5			10.7
Members’ contributions		0.5			0.6
Actuarial loss (gain)		4.3			13.5
Benefits paid		(10.9	)		(8.8	)
Foreign currency changes		—			(2.8	)
Benefit obligation at end of year	$	212.6		$	204.5

Schedule of Net Funded Status

Funded status at end of year: UK Plan assets less benefit obligation $ 48.5 $ 31.5

Summary Of Amounts Recognized In Balance Sheet

	Fiscal 2013		Fiscal 2012
(in millions)
Amounts recognized in the balance sheet consist of:
Non-current assets	$	48.5	$	31.5
Non-current liabilities		—		—
Net asset recognized	$	48.5	$	31.5

Summary Of Net Periodic Benefit Cost Not Yet Recognized

Items in accumulated other comprehensive income (loss) not yet recognized as income (expense) in the income statement:

	Fiscal 2013			Fiscal 2012			Fiscal 2011
(in millions)
Net actuarial loss	$	(44.4	)	$	(51.5	)	$	(46.0	)
Net prior service credit		17.1			19.1			14.3

Components Of Net Periodic Pension Cost And Other Assets Recognized In Period

The components of net periodic pension cost and other amounts recognized in other comprehensive income (loss) for the UK Plan are as follows:

	Fiscal 2013			Fiscal 2012			Fiscal 2011
(in millions)
Components of net periodic benefit cost:
Service cost	$	(3.6	)	$	(4.8	)	$	(5.5	)
Interest cost		(9.5	)		(10.7	)		(10.1	)
Expected return on UK Plan assets		11.5			13.8			12.4
Amortization of unrecognized net prior service credit		1.6			1.0			1.0
Amortization of unrecognized actuarial loss		(3.2	)		(2.6	)		(4.8	)
Net periodic benefit cost	$	(3.2	)	$	(3.3	)	$	(7.0	)
Other changes in assets and benefit obligations recognized in other comprehensive income (loss)		6.7			(1.7	)		20.0
Total recognized in net periodic benefit cost and other comprehensive income (loss)	$	3.5		$	(5.0	)	$	13.0

Summary Of Assumptions Used To Determine Benefit Obligations

	February 2, 2013			January 28, 2012
Assumptions used to determine benefit obligations (at the end of the year):
Discount rate		4.50	%		4.70	%
Salary increases		3.20	%		3.20	%
Assumptions used to determine net periodic pension costs (at the start of the year):
Discount rate		4.70	%		5.60	%
Expected return on UK Plan assets		4.75	%		6.25	%
Salary increases		3.20	%		5.00	%

Value and Classification Of Fair Value Of UK Plan Assets

The value and classification of these assets was as follows:

	Fair value measurements at February 2, 2013						Fair value measurements at January 28, 2012
	Total		Quoted prices in active markets for identical assets (Level 1)		Significant Unobservable inputs (Level 3)		Total		Quoted prices in active markets for identical assets (Level 1)		Significant Unobservable inputs (Level 3)
(in millions)
Asset category:
Diversified equity securities	$	73.2	$	73.2	$	—	$	63.5	$	63.5	$	—
Diversified growth funds		51.2		51.2		—		44.6		44.6		—
Bonds		125.1		125.1		—		115.7		115.7		—
Property		10.4		—		10.4		10.3		—		10.3
Cash		1.2		1.2		—		1.9		1.9		—
Total	$	261.1	$	250.7	$	10.4	$	236.0	$	225.7	$	10.3

Summary Of Changes In Fair Value Of Level 3 Investment Assets

The table below sets forth changes in the fair value of the Level 3 investment assets in Fiscal 2013 and 2012:

(in millions)
Balance at January 29, 2011	$	9.8
Actual return on assets		0.5
Balance at January 28, 2012	$	10.3
Actual return on assets		0.1
Balance at February 2, 2013	$	10.4

Summary Of Expected Benefit Payments

The following benefit payments, which reflect expected future service, as appropriate, are estimated to be paid by the UK Plan:

(in millions)
Fiscal 2014	$	9.4
Fiscal 2015		10.0
Fiscal 2016		11.1
Fiscal 2017		11.5
Fiscal 2018		11.1
Fiscal 2019 to Fiscal 2023		65.6

Fair Value Measurements Of Plan Assets

The value and classification of these assets was as follows:

	Fair value measurements at February 2, 2013								Fair value measurements at January 28, 2012
	Total			Quoted prices in active markets for identical assets (Level 1)			Observable inputs (Level 2)		Total			Quoted prices in active markets for identical assets (Level 1)			Observable inputs (Level 2)
(in millions)
Assets:
Corporate-owned life insurance plans	$	8.9		$	—		$	8.9	$	9.0		$	—		$	9.0
Money market funds		8.6			8.6			—		8.5			8.5			—
Total assets	$	17.5		$	8.6		$	8.9	$	17.5		$	8.5		$	9.0
Liabilities:
Deferred compensation	$	(19.5	)	$	(19.5	)	$	—	$	(13.3	)	$	(13.3	)	$	—
Total liabilities	$	(19.5	)	$	(19.5	)	$	—	$	(13.3	)	$	(13.3	)	$	—