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Derivatives (Tables)
 3 Months Ended
May 02, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
The following table summarizes the fair value and presentation of derivative instruments in the condensed consolidated balance sheets:
 
Fair value of derivative assets
(in millions)
Balance sheet location
 
May 2, 2015
 
January 31, 2015
 
May 3, 2014
Derivatives designated as hedging instruments:
 
 
 
 
 
 
 
Foreign currency contracts
Other current assets
 
$
0.4

 
$
1.0

 
$
—

Commodity contracts
Other current assets
 
0.2

 
6.3

 
1.4

 
 
 
0.6

 
7.3

 
1.4

Derivatives not designated as hedging instruments:
 
 
 
 
 
 
 
Foreign currency contracts
Other current assets
 
—

 
0.1

 
—

Total derivative assets
 
 
$
0.6

 
$
7.4

 
$
1.4

 
Fair value of derivative liabilities
(in millions)
Balance sheet location
 
May 2, 2015
 
January 31, 2015
 
May 3, 2014
Derivatives designated as hedging instruments:
 
 
 
 
 
 
 
Foreign currency contracts
Other current liabilities
 
$
—

 
$
—

 
$
(2.6
)
Commodity contracts
Other current liabilities
 
(1.7
)
 
—

 
(0.2
)
Interest rate swaps
Other liabilities
 
(0.6
)
 
—

 
—

 
 
 
(2.3
)
 
—

 
(2.8
)
Derivatives not designated as hedging instruments:
 
 
 
 
 
 
 
Foreign currency contracts
Other current liabilities
 
(0.1
)
 
—

 
(0.2
)
Total derivative liabilities
 
 
$
(2.4
)
 
$
—

 
$
(3.0
)
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss)
The following table summarizes the pre-tax gains (losses) recorded in AOCI for derivatives designated in cash flow hedging relationships:
(in millions)
May 2, 2015
 
January 31, 2015
 
May 3, 2014
Foreign currency contracts
$
0.8

 
$
0.9

 
$
(3.6
)
Commodity contracts
(2.0
)
 
5.7

 
(9.4
)
Interest rate swaps
(0.6
)
 
—

 
—

Total
$
(1.8
)
 
$
6.6

 
$
(13.0
)
Derivative Instruments, Gain (Loss)
The following table presents the effects of the Company’s derivatives instruments not designated as cash flow hedges in the condensed consolidated income statements:
 
 
 
Amount of gain (loss) recognized in income
(in millions)
Income statement caption
 
13 weeks ended
Derivatives not designated as hedging instruments:
 
 
May 2, 2015
 
May 3, 2014
Foreign currency contracts
Other operating income, net
 
$
(0.3
)
 
$
(1.6
)
Total
 
 
$
(0.3
)
 
$
(1.6
)
The following tables summarize the effect of derivative instruments designated as cash flow hedges in OCI and the condensed consolidated income statements:
Foreign currency contracts
 
 
 
13 weeks ended
(in millions)
Income statement caption
 
May 2, 2015
 
May 3, 2014
Gains (losses) recorded in AOCI, beginning of period
 
 
$
0.9

 
$
(2.3
)
Current period losses recognized in OCI
 
 
(0.2
)
 
(1.3
)
Losses reclassified from AOCI to net income
Cost of sales
 
0.1

 
—

Gains (losses) recorded in AOCI, end of period
 
 
$
0.8

 
$
(3.6
)

Commodity contracts
 
 
 
13 weeks ended
(in millions)
Income statement caption
 
May 2, 2015
 
May 3, 2014
Gains (losses) recorded in AOCI, beginning of period
 
 
$
5.7

 
$
(18.8
)
Current period (losses) gains recognized in OCI
 
 
(8.0
)
 
2.0

Losses reclassified from AOCI to net income
Cost of sales
 
0.3

 
7.4

Losses recorded in AOCI, end of period
 
 
$
(2.0
)
 
$
(9.4
)
Interest rate swaps
 
 
 
13 weeks ended
(in millions)
Income statement caption
 
May 2, 2015
 
May 3, 2014
(Losses) gains recorded in AOCI, beginning of period
 
 
$
—

 
$
—

Current period losses recognized in OCI
 
 
(0.9
)
 
—

Losses reclassified from AOCI to net income
Interest expense, net
 
0.3

 
—

Losses recorded in AOCI, end of period
 
 
$
(0.6
)
 
$
—