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ACCUMULATED OTHER COMPREHENSIVE LOSS CHANGES IN ACCUMULATED OTHER COMPREHENSIVE LOSS (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Oct. 30, 2022
Jul. 31, 2022
May 01, 2022
Oct. 31, 2021
Aug. 01, 2021
May 02, 2021
Oct. 30, 2022
Oct. 31, 2021
Net gain on net investment hedges, net of tax $ 20.8     $ 20.7     $ 99.6 $ 41.3
Change in accumulated other comprehensive loss                
Balance at beginning of year     $ (612.7)       (612.7)  
Other comprehensive (loss) income (102.9)     (12.1)     (216.6) (5.3)
Balance at end of period (829.3)     (524.4)     (829.3) (524.4)
Foreign currency translation adjustments                
Net gain on net investment hedges, net of tax             99.6 41.3
Change in accumulated other comprehensive loss                
Balance at beginning of year     (665.9)     $ (481.6) (665.9) (481.6)
Other comprehensive (loss) income, before reclassifications, net of tax [1],[2]             (261.7) (79.7)
Less: Amounts reclassified from AOCL, net of tax 0.0     0.0     (3.4) [3] 0.0
Other comprehensive (loss) income             (258.3) (79.7)
Balance at end of period (924.2)     (561.3)     (924.2) (561.3)
Net unrealized and realized gain (loss) on effective cash flow hedges                
Change in accumulated other comprehensive loss                
Balance at beginning of year     53.2     (37.5) 53.2 (37.5)
Other comprehensive (loss) income, before reclassifications, net of tax             51.5 74.6
Less: Amounts reclassified from AOCL, net of tax 7.2     (6.7)     9.8 0.2
Other comprehensive (loss) income             41.7 74.4
Balance at end of period 94.9     36.9     94.9 36.9
Total                
Net gain on net investment hedges, net of tax 20.8 $ 28.6 50.2 20.7 $ 16.1 4.5    
Change in accumulated other comprehensive loss                
Balance at beginning of year     $ (612.7)     $ (519.1) (612.7) (519.1)
Other comprehensive (loss) income, before reclassifications, net of tax             (210.2) (5.1)
Less: Amounts reclassified from AOCL, net of tax             6.4 0.2
Other comprehensive (loss) income             (216.6) (5.3)
Balance at end of period $ (829.3)     $ (524.4)     $ (829.3) $ (524.4)
[1] Foreign currency translation adjustments included a net gain on net investment hedges of $99.6 million and $41.3 million during the thirty-nine weeks ended October 30, 2022 and October 31, 2021, respectively.
[2] Unfavorable foreign currency translation adjustments were principally driven by a strengthening of the United States dollar against the euro.
[3] Foreign currency translation adjustment losses were reclassified from AOCL during the second quarter of 2022 in connection with the Karl Lagerfeld transaction. Please see Note 6, “Investments in Unconsolidated Affiliates,” for further discussion.