Derivative Instruments and Hedging Activities (Tables)

9 Months Ended

Jan. 28, 2023

Text Block [Abstract]

Schedule of Fair Value of Derivative Instruments Classified as Level 2 Within Fair Value Recorded in the Balance Sheet

The fair value of derivative instruments are classified as Level 2 within the fair value hierarchy and are recorded in the balance sheets as follows:

		Asset/(Liability)
(in millions)	Financial Statement Caption	January 28, 2023			April 30, 2022
Derivatives designated as hedging instruments:
Net investment hedges	Prepaid expenses and other current assets	$	0.5		$	—
Net investment hedges	Other long-term assets	$	—		$	1.9
Interest rate swaps	Prepaid expenses and other current assets	$	2.7		$	—
Interest rate swaps	Other long-term assets	$	—		$	3.0
Derivatives not designated as hedging instruments:
Foreign currency forward contracts	Prepaid expenses and other current assets	$	1.5		$	—
Foreign currency forward contracts	Other accrued liabilities	$	(0.4	)	$	(0.2	)

Schedule of Derivative Instruments Effect on Other Comprehensive Income (Loss)

Gross amounts recorded in other comprehensive income (loss) were as follows:

	Three Months Ended					Nine Months Ended
(in millions)	January 28, 2023			January 29, 2022		January 28, 2023			January 29, 2022
Net investment hedges	$	(4.8	)	$	2.4	$	(1.4	)	$	5.2
Interest rate swaps		(1.0	)		0.7		(0.3	)		1.3
Total	$	(5.8	)	$	3.1	$	(1.7	)	$	6.5