XML 46 R36.htm IDEA: XBRL DOCUMENT v3.22.1
RETIREMENT AND BENEFIT PLANS (Tables)
3 Months Ended
May 01, 2022
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Schedule of Net Benefit Costs [Table Text Block]
The components of net benefit cost recognized were as follows:
Pension PlansSERP Plans
Thirteen Weeks EndedThirteen Weeks Ended
(In millions)5/1/225/2/215/1/225/2/21
Service cost$8.0 $10.4 $0.6 $1.4 
Interest cost    6.3 6.2 0.6 0.9 
Expected return on plan assets    (10.5)(11.1)— — 
Total    $3.8 $5.5 $1.2 $2.3 

The Company also provides certain postretirement health care and life insurance benefits to certain retirees resident in the United States. As a result of the Company’s acquisition of The Warnaco Group, Inc. (“Warnaco”), the Company also provides certain postretirement health care and life insurance benefits to certain Warnaco retirees resident in the United States. Retirees contribute to the cost of the applicable plan, both of which are unfunded and frozen. The Company refers to these two plans as its “Postretirement Plans.” Net benefit cost related to the Postretirement Plans was immaterial for the thirteen weeks ended May 1, 2022 and May 2, 2021.