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Derivatives (Tables)
 9 Months Ended
Oct. 29, 2016
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
 
October 29, 2016
 
January 30, 2016
 
October 31, 2015
Derivatives designated as hedging instruments:
 
 
 
 
 
 
 
Foreign currency contracts
Other current assets
 
$
3.5

 
$
0.8

 
$
0.1

Commodity contracts
Other current assets
 
0.6

 
0.6

 
0.3

Commodity contracts
Other assets
 
—

 
—

 
0.1

Total derivative assets
 
 
$
4.1

 
$
1.4

 
$
0.5

 
Fair value of derivative liabilities
(in millions)
Balance sheet location
 
October 29, 2016
 
January 30, 2016
 
October 31, 2015
Derivatives designated as hedging instruments:
 
 
 
 
 
 
 
Foreign currency contracts
Other current liabilities
 
$
—

 
$
—

 
$
(0.1
)
Commodity contracts
Other current liabilities
 
(0.7
)
 
(0.8
)
 
(1.1
)
Interest rate swaps
Other liabilities
 
(2.3
)
 
(3.4
)
 
(2.1
)
 
 
 
(3.0
)
 
(4.2
)
 
(3.3
)
Derivatives not designated as hedging instruments:
 
 
 
 
 
 
 
Foreign currency contracts
Other current liabilities
 
(0.1
)
 
(0.2
)
 
—

Total derivative liabilities
 
 
$
(3.1
)
 
$
(4.4
)
 
$
(3.3
)
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)
October 29, 2016
 
January 30, 2016
 
October 31, 2015
Foreign currency contracts
$
6.4

 
$
1.4

 
$
0.5

Commodity contracts
3.8

 
(3.7
)
 
(3.9
)
Interest rate swaps
(2.3
)
 
(3.4
)
 
(2.1
)
Gains (losses) recorded in AOCI
$
7.9

 
$
(5.7
)
 
$
(5.5
)
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:
 
 
 
13 weeks ended
 
39 weeks ended
(in millions)
Income statement caption
 
October 29, 2016
 
October 31, 2015
 
October 29, 2016
 
October 31, 2015
Derivatives not designated as hedging instruments:
 
 
 
 
 
 
 
 
 
Foreign currency contracts
Other operating income, net
 
$
1.6

 
$
(1.4
)
 
$
3.2

 
$
(1.0
)
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
 
39 weeks ended
(in millions)
Income statement caption
 
October 29, 2016
 
October 31, 2015
 
October 29, 2016
 
October 31, 2015
Gains recorded in AOCI, beginning of period
 
 
$
3.8

 
$
0.4

 
$
1.4

 
$
0.9

Current period gains (losses) recognized in OCI
 
 
3.0

 
0.2

 
6.0

 
(0.4
)
(Gains) losses reclassified from AOCI to net income
Cost of sales
 
(0.4
)
 
(0.1
)
 
(1.0
)
 
—

Gains recorded in AOCI, end of period
 
 
$
6.4

 
$
0.5

 
$
6.4

 
$
0.5

Commodity contracts
 
 
 
13 weeks ended
 
39 weeks ended
(in millions)
Income statement caption
 
October 29, 2016
 
October 31, 2015
 
October 29, 2016
 
October 31, 2015
Gains (losses) recorded in AOCI, beginning of period
 
 
$
6.2

 
$
(8.3
)
 
$
(3.7
)
 
$
5.7

Current period gains (losses) recognized in OCI
 
 
(2.1
)
 
4.0

 
5.8

 
(10.6
)
(Gains) losses reclassified from AOCI to net income
Cost of sales
 
(0.3
)
 
0.4

 
1.7

 
1.0

Gains (losses) recorded in AOCI, end of period
 
 
$
3.8

 
$
(3.9
)
 
$
3.8

 
$
(3.9
)
Interest rate swaps
 
 
 
13 weeks ended
 
39 weeks ended
(in millions)
Income statement caption
 
October 29, 2016
 
October 31, 2015
 
October 29, 2016
 
October 31, 2015
Losses recorded in AOCI, beginning of period
 
 
$
(3.8
)
 
$
(0.9
)
 
$
(3.4
)
 
$
—

Current period gains (losses) recognized in OCI
 
 
1.0

 
(2.0
)
 
(0.6
)
 
(4.0
)
Losses reclassified from AOCI to net income
Interest expense, net
 
0.5

 
0.8

 
1.7

 
1.9

Losses recorded in AOCI, end of period
 
 
$
(2.3
)
 
$
(2.1
)
 
$
(2.3
)
 
$
(2.1
)