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RETIREMENT AND BENEFIT PLANS (Tables)
12 Months Ended
Feb. 01, 2015
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Schedule of Defined Benefit Plans Disclosures [Table Text Block]
Reconciliations of the changes in the projected benefit obligation (Pension Plans and SERP Plans) and the accumulated benefit obligation (Postretirement Plans) for each of the last two years were as follows:

 
Pension Plans
 
SERP Plans
 
Postretirement Plans
(In millions)
2014
 
2013
 
2014
 
2013
 
2014
 
2013
Balance at beginning of year
$
571.5

 
$
406.4

 
$
80.8

 
$
74.9

 
$
16.1

 
$
16.0

Acquisition of Warnaco

 
182.3

 

 
0.2

 

 
4.5

Service cost
19.4

 
18.7

 
4.5

 
4.4

 

 
0.1

Interest cost
28.5

 
26.4

 
4.0

 
3.6

 
0.8

 
0.9

Benefit payments
(29.1
)
 
(30.5
)
 
(4.7
)
 
(4.4
)
 

 

Benefit payments, net of retiree contributions

 

 

 

 
(2.1
)
 
(2.2
)
Plan curtailments

 

 

 

 

 
(2.2
)
Medicare subsidy

 

 

 

 
0.1

 
0.0

Actuarial loss (gain)
144.5

 
(31.8
)
 
13.9

 
2.1

 
3.2

 
(1.0
)
Balance at end of year
$
734.8

 
$
571.5

 
$
98.5

 
$
80.8

 
$
18.1

 
$
16.1

Schedule of Changes in Fair Value of Plan Assets [Table Text Block]
Reconciliations of the fair value of the assets held by the Company’s Pension Plans and the plans’ funded status for each of the last two years were as follows:
(In millions)
2014
 
2013
Fair value of plan assets at beginning of year
$
615.6

 
$
384.0

Acquisition of Warnaco

 
143.5

Actual return, net of plan expenses
65.6

 
58.6

Benefit payments
(29.1
)
 
(30.5
)
Company contributions
2.7

 
60.0

Fair value of plan assets at end of year
$
654.8

 
$
615.6

Funded status at end of year
$
(80.0
)
 
$
44.1

Schedule of Amounts Recognized in Balance Sheet [Table Text Block]
Amounts recognized in the Company’s Consolidated Balance Sheets were as follows:
 
Pension Plans
 
SERP Plans
 
Postretirement Plans
(In millions)
2014
 
2013
 
2014
 
2013
 
2014
 
2013
Non-current assets
$

 
$
49.5

 
$

 
$

 
$

 
$

Current liabilities

 

 
(7.1
)
 
(6.5
)
 
(2.1
)
 
(2.1
)
Non-current liabilities
(80.0
)
 
(5.4
)
 
(91.4
)
 
(74.3
)
 
(16.0
)
 
(14.0
)
Net amount recognized
$
(80.0
)
 
$
44.1

 
$
(98.5
)
 
$
(80.8
)
 
$
(18.1
)
 
$
(16.1
)
Schedule of Net Periodic Benefit Cost Not yet Recognized [Table Text Block]
Pre-tax amounts in AOCI that, as of the end of each applicable fiscal year, had not yet been recognized as components of net benefit cost were as follows:
 
Pension Plans
 
 SERP Plans
 
Postretirement Plans
(In millions)
2014
 
2013
 
2014
 
2013
 
2014
 
2013
Prior service (cost) credit
$
(0.0
)
 
$
(0.0
)
 
$
0.1

 
$
0.2

 
$
0.6

 
$
1.4

Schedule of Amounts in Accumulated Other Comprehensive Income (Loss) to be Recognized over Next Fiscal Year [Table Text Block]
Pre-tax amounts in AOCI as of February 1, 2015 expected to be recognized as components of net benefit cost in 2015 were as follows:
(In millions)
Pension Plans
 
SERP Plans
 
Postretirement Plan
Prior service (cost) credit
$
(0.0
)
 
$
0.1

 
$
0.4

Schedule of Allocation of Plan Assets [Table Text Block]
In accordance with the fair value hierarchy described in Note 10, “Fair Value Measurements,” the following tables show the fair value of the total assets of the Company’s Pension Plans for each major category as of February 1, 2015 and February 2, 2014:
(In millions)
 
 
 
Fair Value Measurements as of
February 1, 2015(9)
Asset Category
 
Total
 
Quoted Prices
In Active
Markets for
Identical Assets
(Level 1)
 
Significant
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
Equity securities:
 
 
 
 
 
 
 
 
United States equities(1)
 
$
192.5

 
$
192.5

 
$

 
$

International equities(1)
 
22.0

 
22.0

 

 

United States equity fund(2)
 
22.0

 

 
22.0

 

International equity funds(3)
 
115.0

 
77.2

 
37.8

 

Fixed income securities:
 
 

 
 

 
 

 
 

Government securities(4)
 
57.5

 

 
57.5

 

Corporate securities(4)
 
219.9

 

 
219.9

 

Short-term investment funds(5)
 
17.2

 

 
17.2

 

Total return mutual fund(6)
 
5.8

 
5.8

 

 

Subtotal
 
$
651.9

 
$
297.5

 
$
354.4

 
$

Other assets and liabilities(7)
 
2.9

 
 

 
 

 
 

Total
 
$
654.8

 
 

 
 

 
 

(In millions)
 
 
 
Fair Value Measurements as of
February 2, 2014(9) 
Asset Category
 
Total
 
Quoted Prices
In Active
Markets for
Identical Assets
(Level 1)
 
Significant
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
Equity securities:
 
 
 
 
 
 
 
 
United States equities(1)
 
$
244.7

 
$
244.7

 
$

 
$

International equities(1)
 
24.0

 
24.0

 

 

United States equity fund(2)
 
19.3

 

 
19.3

 

International equity fund(8)
 
63.4

 
63.4

 

 

Fixed income securities:
 
 

 
 

 
 

 
 

Government securities(4)
 
51.6

 

 
51.6

 

Corporate securities(4)
 
168.6

 

 
168.6

 

Asset and mortgage-backed securities(4)
 
10.3

 

 
10.3

 

Short-term investment funds(5)
 
27.0

 

 
27.0

 

Total return mutual fund(6)
 
5.3

 
5.3

 

 

Subtotal
 
$
614.2

 
$
337.4

 
$
276.8

 
$

Other assets and liabilities(7)
 
1.4

 
 

 
 

 
 

Total
 
$
615.6

 
 

 
 

 
 

(1)    Valued at the closing price or unadjusted quoted price in the active market in which the individual securities are traded.
(2) 
Valued at the net asset value of the fund, as determined by a pricing vendor or the fund family. The Company has the ability to redeem this investment at net asset value within the near term and therefore classifies this investment within Level 2. This commingled fund invests in United States large cap equities that track the Russell 1000 Index.
(3) 
Valued at the net asset value of the fund, either as determined by the closing price in the active market in which the individual fund is traded and classified within Level 1, or as determined by a pricing vendor or the fund family and classified within Level 2. This category includes funds that invest in equities of companies outside of the United States.
(4) 
Valued with bid evaluation pricing where the inputs are based on actual trades in active markets, when available, as well as observable market inputs that include actual and comparable trade data, market benchmarks, broker quotes, trading spreads and/or other applicable data.
(5) 
Valued at the net asset value of the funds, as determined by a pricing vendor or the fund family. The Company has the ability to redeem these investments at net asset value within the near term and therefore classifies these investments within Level 2. These funds invest in high-grade, short-term, money market instruments.
(6) 
Valued at the net asset value of the fund, as determined by the closing price in the active market in which the individual fund is traded. This fund invests in both equity securities and fixed income securities.
(7) 
This category includes other pension assets and liabilities such as pending trades and accrued income.
(8) 
Valued at the net asset value of the fund, as determined by the closing price in the active market in which the individual fund is traded. This category includes funds that invest in equities of companies outside of the United States.
(9) 
The Company uses third party pricing services to determine the fair values of the financial instruments held by the Pension Plans. The Company obtains an understanding of the pricing services’ valuation methodologies and related inputs and validates a sample of prices provided by the pricing services by reviewing prices from other pricing sources and analyzing pricing data in certain instances. The Company has not adjusted any prices received from the third party pricing services.
Schedule of Net Benefit Costs [Table Text Block]
The components of net benefit cost and other pre-tax amounts recognized in other comprehensive (loss) income in each of the last three years were as follows:

Net Benefit Cost Recognized in Selling, General and Administrative Expenses
 
 
 
 
 
 
 
 
 
Pension Plans
 
SERP Plans
 
Postretirement Plans
(In millions)
 
2014
 
2013
 
2012
 
2014
 
2013
 
2012
 
2014
 
2013
 
2012
Service cost, including plan expenses
 
$
20.0

 
$
19.2

 
$
15.7

 
$
4.5

 
$
4.4

 
$
3.6

 
$

 
$
0.1

 
$

Interest cost
 
28.5

 
26.4

 
18.0

 
4.0

 
3.6

 
3.3

 
0.8

 
0.9

 
0.8

Actuarial loss (gain)
 
121.8

 
(51.4
)
 
23.4

 
13.9

 
2.1

 
5.8

 
3.2

 
(1.0
)
 
(1.1
)
Expected return on plan assets
 
(43.5
)
 
(39.5
)
 
(20.9
)
 

 

 

 

 

 

Amortization of prior service cost (credit)
 
0.0

 
0.0

 
0.0

 
(0.1
)
 
(0.1
)
 
(0.1
)
 
(0.8
)
 
(0.8
)
 
(0.8
)
Curtailment gain
 

 

 

 

 

 

 

 
(2.2
)
 

Total
 
$
126.8

 
$
(45.3
)
 
$
36.2

 
$
22.3

 
$
10.0

 
$
12.6

 
$
3.2

 
$
(3.0
)
 
$
(1.1
)
Schedule of Defined Benefit Plan Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]
Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive Income
 
 
 
 
 
 
 
 
 
 
 
Pension Plans
 
SERP Plans
 
Postretirement Plans
(In millions)
 
2014
 
2013
 
2012
 
2014
 
2013
 
2012
 
2014
 
2013
 
2012
Prior service cost
 
$
0.0

 
$

 
$
0.0

 
$

 
$

 
$

 
$

 
$

 
$

Amortization of prior service (cost) credit
 
(0.0
)
 
(0.0
)
 
(0.0
)
 
0.1

 
0.1

 
0.1

 
0.8

 
0.8

 
0.8

Loss (income) recognized in other comprehensive income
 
$
0.0

 
$
(0.0
)
 
$
(0.0
)
 
$
0.1

 
$
0.1

 
$
0.1

 
$
0.8

 
$
0.8

 
$
0.8

Schedule of Expected Benefit Payments [Table Text Block]
The expected benefit payments associated with the Company’s Pension Plans and SERP Plans, and expected benefit payments, net of retiree contributions, associated with the Company’s Postretirement Plans are as follows:
(In millions)
 
 
 
 
Postretirement Plans
Fiscal Year
Pension Plans
 
SERP
Plans
 
Excluding Medicare
Subsidy Receipts
 
Expected Medicare
Subsidy Receipts
2015
$
28.8

 
$
7.1

 
$
2.0

 
$
0.0

2016
29.3

 
7.4

 
1.9

 
0.0

2017
30.0

 
6.6

 
1.8

 
0.0

2018
31.0

 
6.9

 
1.7

 
0.0

2019
32.1

 
14.5

 
1.6

 
0.0

2020-2024
179.4

 
51.9

 
6.4

 
0.1

Schedule of Effect of One-Percentage-Point Change in Assumed Health Care Cost Trend Rates [Table Text Block]
The medical health care cost trend rate assumed for 2015 is 6.19% and is assumed to decrease by approximately 0.14% per year through 2027. Thereafter, the rate assumed is 4.50%. If the assumed health care cost trend rate increased or decreased by 1%, the aggregate effect on the service and interest cost components of the net postretirement benefit cost for 2014 and on the accumulated postretirement benefit obligation at February 1, 2015 would be as follows:
(In millions)
1% Increase
 
1% Decrease
Impact on service and interest cost
$
0.0

 
$
(0.0
)
Impact on year end accumulated postretirement benefit obligation
1.2

 
(1.0
)
Schedule of Assumptions Used [Table Text Block]
Significant weighted average rate assumptions used in determining the projected and accumulated benefit obligations at the end of each year and benefit cost in the following year were as follows:
 
2014
 
2013
 
2012
Discount rate (applies to Pension Plans and SERP Plans)
3.94
%
 
5.07
%
 
4.67
%
Discount rate (applies to Postretirement Plans)

3.53
%
 
5.07
%
 
4.67
%
Rate of increase in compensation levels (applies to Pension Plans only)
4.28
%
 
4.33
%
 
4.34
%
Long-term rate of return on assets (applies to Pension Plans only)
6.75
%
 
7.25
%
 
7.25
%


To develop the expected weighted average long-term rate of return on assets assumption, the Company considered the historical level of the risk premium associated with the asset classes in which the portfolio is invested and the expectations for future returns of each asset class. The expected return for each asset class was then weighted based on the target asset allocation to develop the expected long-term rate of return on assets assumption for the portfolio.
Pension Plans [Member]  
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Schedule of Accumulated and Projected Benefit Obligations [Table Text Block]
In 2014, all of the Company’s Pension Plans had projected benefit obligations and accumulated benefit obligations in excess of plan assets. In 2013, two of the Company’s Pension Plans had projected benefit obligations and accumulated benefit obligations in excess of plan assets. The balances were as follows:
(In millions, except plan count)
2014
 
2013
Number of plans with projected benefit obligations in excess of plan assets
5

 
2

Aggregate projected benefit obligation
$
734.8

 
$
27.7

Aggregate fair value of related plan assets
$
654.8

 
$
22.3

 
 
 
 
Number of plans with accumulated benefit obligations in excess of plan assets
5

 
2

Aggregate accumulated benefit obligation
$
694.3

 
$
25.4

Aggregate fair value of related plan assets
$
654.8

 
$
22.3