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Fair value measurements (Tables)
 6 Months Ended
Jul. 29, 2017
Fair Value Disclosures [Abstract]  
Fair Value, by Balance Sheet Grouping
The methods Signet uses to determine fair value on an instrument-specific basis are detailed below:
 
July 29, 2017
 
January 28, 2017
 
July 30, 2016
(in millions)
Carrying Value
 
Quoted prices in active markets for identical assets
(Level 1)
 
Significant
other
observable
inputs
(Level 2)
 
Carrying Value
 
Quoted prices in active markets for identical assets
(Level 1)
 
Significant
other
observable
inputs
(Level 2)
 
Carrying Value
 
Quoted prices in active markets for identical assets
(Level 1)
 
Significant
other
observable
inputs
(Level 2)
Assets:
 
 
 
 
 
 
 
 
 
US Treasury securities
$
7.9

 
$
7.9

 
$
—

 
$
8.1

 
$
8.1

 
$
—

 
$
8.3

 
$
8.3

 
$
—

Corporate equity securities
4.1

 
4.1

 
—

 
3.8

 
3.8

 
—

 
3.6

 
3.6

 
—

Foreign currency contracts
0.5

 
—

 
0.5

 
3.2

 
—

 
3.2

 
2.8

 
—

 
2.8

Commodity contracts
1.4

 
—

 
1.4

 
—

 
—

 
—

 
4.0

 
—

 
4.0

Interest rate swaps
0.7

 
 
 
0.7

 
0.4

 
—

 
0.4

 
—

 
—

 
—

US government agency securities
5.3

 
—

 
5.3

 
4.4

 
—

 
4.4

 
4.3

 
—

 
4.3

Corporate bonds and notes
11.2

 
—

 
11.2

 
10.9

 
—

 
10.9

 
10.8

 
—

 
10.8

Total assets
$
31.1

 
$
12.0

 
$
19.1

 
$
30.8

 
$
11.9

 
$
18.9

 
$
33.8

 
$
11.9

 
$
21.9

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Foreign currency contracts
$
(1.1
)
 
$
—

 
$
(1.1
)
 
$
(0.2
)
 
$
—

 
$
(0.2
)
 
$
(0.1
)
 
$
—

 
$
(0.1
)
Commodity contracts
—

 
—

 
—

 
(3.4
)
 
—

 
(3.4
)
 
—

 
—

 
—

Interest rate swaps
—

 
—

 
—

 
—

 
—

 
—

 
(3.8
)
 
—

 
(3.8
)
Total liabilities
$
(1.1
)
 
$
—

 
$
(1.1
)
 
$
(3.6
)
 
$
—

 
$
(3.6
)
 
$
(3.9
)
 
$
—

 
$
(3.9
)
Schedule of Carrying Values and Estimated Fair Values
The carrying amount and fair value of outstanding debt at July 29, 2017, January 28, 2017 and July 30, 2016 were as follows:
 
July 29, 2017
 
January 28, 2017
 
July 30, 2016
(in millions)
Carrying
Value
 
Fair Value
 
Carrying
Value
 
Fair Value
 
Carrying
Value
 
Fair Value
Long-term debt:
 
 
 
 
 
 
 
 
 
 
 
Senior notes (Level 2)
$
394.1

 
$
394.7

 
$
393.7

 
$
391.2

 
$
393.3

 
$
403.3

Securitization facility (Level 2)
599.8

 
600.0

 
599.7

 
600.0

 
599.5

 
600.0

Term loan (Level 2)
336.5

 
339.6

 
345.1

 
348.6

 
353.6

 
357.5

Capital lease obligations (Level 2)
—

 
—

 
—

 
—

 
0.1

 
0.1

Total
$
1,330.4

 
$
1,334.3

 
$
1,338.5

 
$
1,339.8

 
$
1,346.5

 
$
1,360.9