Derivatives (Tables)

12 Months Ended

Jan. 30, 2016

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Summary of Fair Value and Presentation of Derivative Instruments

The following table summarizes the fair value and presentation of derivative instruments in the consolidated balance sheets:

	Fair value of derivative assets
(in millions)	Balance sheet location	January 30, 2016		January 31, 2015
Derivatives designated as hedging instruments:
Foreign currency contracts	Other current assets	$	0.8	$	1.0
Commodity contracts	Other current assets	0.6		6.3
		1.4		7.3
Derivatives not designated as hedging instruments:
Foreign currency contracts	Other current assets	—		0.1
Total derivative assets		$	1.4	$	7.4

	Fair value of derivative liabilities
(in millions)	Balance sheet location	January 30, 2016			January 31, 2015
Derivatives designated as hedging instruments:
Commodity contracts	Other current liabilities	(0.8		)	—
Interest rate swaps	Other liabilities	(3.4		)	—
		(4.2		)	—
Derivatives not designated as hedging instruments:
Foreign currency contracts	Other current liabilities	(0.2		)	—
Total derivative liabilities		$	(4.4	)	$	—

Summary of Pre-Tax Gains (Losses) Recorded

The following table summarizes the pre-tax gains (losses) recorded in AOCI for derivatives designated in cash flow hedging relationships:

(in millions)	January 30, 2016			January 31, 2015
Foreign currency contracts	$	1.4		$	0.9
Commodity contracts	(3.7		)	5.7
Interest rate swaps	(3.4		)	—
Total	$	(5.7	)	$	6.6

Summary of Derivative Instruments

The following tables summarize the effect of derivative instruments designated as cash flow hedges in OCI and the consolidated income statements:

Foreign currency contracts

(in millions)	Income statement caption	Fiscal 2016			Fiscal 2015
Gains (losses) recorded in AOCI, beginning of period		$	0.9		$	(2.3	)
Current period gains recognized in OCI		0.9			1.9
(Gains) losses reclassified from AOCI to net (loss) income	Cost of sales	(0.4		)	1.3
Gains recorded in AOCI, end of period		$	1.4		$	0.9

Commodity contracts

(in millions)	Income statement caption	Fiscal 2016			Fiscal 2015
Gains (losses) recorded in AOCI, beginning of period		$	5.7		$	(18.8	)
Current period (losses) gains recognized in OCI		(12.0		)	7.2
Losses reclassified from AOCI to net (loss) income	Cost of sales	2.6			17.3
(Losses) gains recorded in AOCI, end of period		$	(3.7	)	$	5.7

Interest rate swaps

(in millions)	Income statement caption	Fiscal 2016			Fiscal 2015
Gains (losses) recorded in AOCI, beginning of period		$	—		$	—
Current period losses recognized in OCI		(6.1		)	—
Losses reclassified from AOCI to net income	Interest expense, net	2.7			—
Losses recorded in AOCI, end of period		$	(3.4	)	$	—

The following table presents the effects of the Company’s derivatives instruments not designated as cash flow hedges in the consolidated income statements:

	Income statement caption	Amount of gain (loss) recognized in income
(in millions)		Fiscal 2016			Fiscal 2015
Derivatives not designated as hedging instruments:
Foreign currency contracts	Other operating income, net	$	(4.5	)	$	0.6
Total		$	(4.5	)	$	0.6