ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)

6 Months Ended

Aug. 04, 2024

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Schedule of Accumulated Other Comprehensive Loss [Table Text Block]

The following tables present the changes in AOCL, net of related taxes, by component for the twenty-six weeks ended August 4, 2024 and July 30, 2023:

(In millions)	Foreign currency translation adjustments			Net unrealized and realized gain (loss) on effective cash flow hedges		Total
Balance, February 4, 2024	$	(768.7)		$	15.1	$	(753.6)
Other comprehensive (loss) income before reclassifications	(12.8)		(1)	2.9		(9.9)
Less: Amounts reclassified from AOCL	2.6			8.7		11.3
Other comprehensive loss	(15.4)			(5.8)		(21.2)
Balance, August 4, 2024	$	(784.1)		$	9.3	$	(774.8)

(In millions)	Foreign currency translation adjustments			Net unrealized and realized (loss) gain on effective cash flow hedges		Total
Balance, January 29, 2023	$	(710.1)		$	(3.0)	$	(713.1)
Other comprehensive (loss) income before reclassifications	(8.3)		(1)	5.5		(2.8)
Less: Amounts reclassified from AOCL	—			7.2		7.2
Other comprehensive loss	(8.3)			(1.7)		(10.0)
Balance, July 30, 2023	$	(718.4)		$	(4.7)	$	(723.1)

(1) Foreign currency translation adjustments included a net loss on net investment hedges of $10.7 million and $12.7 million during the twenty-six weeks ended August 4, 2024 and July 30, 2023, respectively.

Schedule of Amounts Reclassified Out of Accumulated Other Comprehensive Loss [Table Text Block]

The following table presents reclassifications from AOCL to earnings for the thirteen and twenty-six weeks ended August 4, 2024 and July 30, 2023:

	Amount Reclassified from AOCL								Affected Line Item in the Company’s Consolidated Statements of Operations
	Thirteen Weeks Ended				Twenty-Six Weeks Ended
(In millions)	8/4/24		7/30/23		8/4/24		7/30/23
Realized gain on effective cash flow hedges:
Foreign currency forward contracts (inventory purchases)	$	6.3	$	5.4	$	12.0	$	10.2	Cost of goods sold
Less: Tax effect	1.7		1.6		3.3		3.0		Income tax (benefit) expense
Total, net of tax	$	4.6	$	3.8	$	8.7	$	7.2
Foreign currency translation adjustments:
Cross-currency swap contracts (net investment hedges)	$	1.8	$	—	$	3.5	$	—	Interest expense
Less: Tax effect	0.5		—		0.9		—		Income tax (benefit) expense
Total, net of tax	$	1.3	$	—	$	2.6	$	—