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Hedging Instruments (Tables)
3 Months Ended
Apr. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Information on Location and Amounts of Derivative Gains and Losses in Condensed Consolidated Financial Statements
Information on the location and amounts of derivative gains and losses in the condensed consolidated financial statements is as follows:
 
Three Months Ended April 30,
 
2015
 
2014
(in millions)
Pre-Tax Gain
(Loss)
Recognized
in OCI
(Effective
Portion)
 
Pre-Tax Gain (Loss)
Reclassified
from
Accumulated OCI into
Earnings
(Effective
Portion)
 
Pre-Tax Gain
(Loss) Recognized
in OCI
(Effective
Portion)
 
Pre-Tax Gain (Loss)
Reclassified
from Accumulated
OCI into
Earnings
(Effective
Portion)
Derivatives in Cash Flow Hedging
   Relationships:
 
 
 
 
 
 
 
Foreign exchange forward contracts a 
$
1.0

 
$
4.2

 
$
(0.1
)
 
$
7.4

Precious metal forward contracts a 
(5.1
)
 
(1.0
)
 
0.4

 
(1.5
)
Forward-starting interest rate swaps b

 
(0.4
)
 

 
(0.4
)
 
$
(4.1
)
 
$
2.8

 
$
0.3

 
$
5.5


aThe gain or loss recognized in earnings is included within Cost of sales.
bThe gain or loss recognized in earnings is included within Interest and other expenses, net.