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DERIVATIVE FINANCIAL INSTRUMENTS (Tables)
12 Months Ended
Jan. 29, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]
The following table summarizes the fair value and presentation of the Company’s derivative financial instruments in its Consolidated Balance Sheets:
AssetsLiabilities
 2022202120222021
(In millions)Other Current AssetsOther AssetsOther Current AssetsOther AssetsAccrued ExpensesOther LiabilitiesAccrued ExpensesOther Liabilities
Contracts designated as cash flow hedges:
Foreign currency forward exchange contracts (inventory purchases)$15.7 $0.1 $48.0 $2.7 $20.7 $2.2 $0.6 $— 
Undesignated contracts:
Foreign currency forward exchange contracts— — 5.6 — 12.5 — 1.1 — 
Total$15.7 $0.1 $53.6 $2.7 $33.2 $2.2 $1.7 $— 
Schedule of Derivative Instruments, (Loss) Gain in Statement of Financial Performance [Table Text Block]
The following tables summarize the effect of the Company’s hedges designated as cash flow and net investment hedging instruments:
(Loss) Gain
Recognized in Other
Comprehensive (Loss) Income
(In millions)202220212020
Foreign currency forward exchange contracts (inventory purchases)$(48.3)$109.2 $(57.3)
Interest rate swap agreements— 0.2 (9.9)
Foreign currency borrowings (net investment hedges)30.4 111.3 (125.0)
Total$(17.9)$220.7 $(192.2)
Amount of Gain (Loss) Reclassified from AOCL into Income (Expense), Consolidated Statements of Operations Location, and Total Amount of Consolidated Statements of Operations Line Item
Amount ReclassifiedLocationTotal Statements of Operations Amount
(In millions)202220212020202220212020
Foreign currency forward exchange contracts (inventory purchases)$27.6 $(1.8)$12.5 Cost of goods sold$3,901.3 $3,830.6 $3,355.8 
Interest rate swap agreements (1.5) 
SG&A expenses (1)
4,377.4 4,453.9 3,983.2 
Interest rate swap agreements (3.0)(11.0)Interest expense89.6 108.6 125.5 
Total$27.6 $(6.3)$1.5 

(1) The Company dedesignated certain cash flow hedges related to its interest rate swap agreements during 2021 as discussed in the section entitled “Cash Flow Hedges” above.
Derivatives Not Designated as Hedging Instruments [Table Text Block]
The following table summarizes the effect of the Company’s undesignated contracts recognized in SG&A expenses in its Consolidated Statements of Operations:
Gain (Loss) Recognized in SG&A Expenses
(In millions)202220212020
Foreign currency forward exchange contracts$11.4 $14.7 $(11.8)