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LONG-TERM DEBT (Tables)
12 Months Ended
Jan. 31, 2015
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt Instruments Table
Long-term debt at January 31, 2015 and February 1, 2014 consists of the following:
 
January 31,
 
February 1,
(in millions)
2015
 
2014
$750.0 million Senior Notes,
$
750.0

 
$
750.0

fixed interest rates payable semi-annually, January 15 and July 15
 
 
 
$750.0 million Unsecured Credit Agreement,
 
 
 
interest payable monthly at LIBOR,
 
 
 
plus 0.90%, which was 1.07% at
 
 
 
January 31, 2015

 

Demand Revenue Bonds, repaid March 2014

 
12.8

$7.0 million Forgivable Promissory Note, interest payable
 
 
 
   beginning in November 2017 at a rate of 1%,
 
 
 
   principal payable beginning November 2017
7.0

 
7.0

Total long-term debt
$
757.0

 
$
769.8

Less current portion

 
12.8

Long-term debt, excluding current portion
$
757.0

 
$
757.0