Segment Information (Notes)

12 Months Ended

Jan. 31, 2016

Segment Reporting [Abstract]

Segment Information

SEGMENT INFORMATION

The Company's products are primarily sold in TIFFANY & CO. retail locations around the world. Net sales by geographic area are presented by attributing revenues from external customers on the basis of the country in which the merchandise is sold.

In deciding how to allocate resources and assess performance, the Company's Chief Operating Decision Maker regularly evaluates the performance of its reportable segments on the basis of net sales and earnings from operations, after the elimination of inter-segment sales and transfers. The accounting policies of the reportable segments are the same as those described in the summary of significant accounting policies.

Certain information relating to the Company's segments is set forth below:

	Years Ended January 31,
(in millions)	2016		2015		2014
Net sales:
Americas	$	1,947.0	$	2,033.5	$	1,926.9
Asia-Pacific	1,003.1		1,025.2		944.7
Japan	541.3		554.3		578.6
Europe	505.7		513.3		476.2
Total reportable segments	3,997.1		4,126.3		3,926.4
Other	107.8		123.6		104.7
	$	4,104.9	$	4,249.9	$	4,031.1
Earnings (losses) from operations*:
Americas	$	390.8	$	435.5	$	374.3
Asia-Pacific	264.4		281.6		244.1
Japan	199.9		196.0		215.6
Europe	97.4		110.5		102.4
Total reportable segments	952.5		1,023.6		936.4
Other	6.4		4.9		(1.8		)
	$	958.9	$	1,028.5	$	934.6

* Represents earnings (losses) from operations before (i) unallocated corporate expenses, (ii) interest expense, financing costs and other expense (income), net, (iii) loss on extinguishment of debt, and (iv) other operating expenses.

The Company's Chief Operating Decision Maker does not evaluate the performance of the Company's assets on a segment basis for internal management reporting and, therefore, such information is not presented.

The following table sets forth a reconciliation of the segments' earnings from operations to the Company's consolidated earnings from operations before income taxes:

	Years Ended January 31,
(in millions)	2016			2015			2014
Earnings from operations for segments	$	958.9		$	1,028.5		$	934.6
Unallocated corporate expenses	(152.1		)	(137.1		)	(140.7		)
Interest expense, financing costs and other expense (income), net	(50.2		)	(60.1		)	(49.4		)
Loss on extinguishment of debt	—			(93.8		)	—
Other operating expense	(46.7		)	—			(489.6		)
Earnings from operations before income taxes	$	709.9		$	737.5		$	254.9

Unallocated corporate expenses includes certain costs related to administrative support functions which the Company does not allocate to its segments. Such unallocated costs include those for centralized information technology, finance, legal and human resources departments.

Other operating expense in the year ended January 31, 2016 represents impairment charges related to a financing arrangement with Koidu and expenses related to specific cost-reduction initiatives. See "Note J - Commitments and Contingencies" for additional details.

Loss on extinguishment of debt in the year ended January 31, 2015 was related to the redemption of $400.0 million in aggregate principal amount of the Private Placement Notes prior to their scheduled maturities. See "Note G - Debt" for additional details.

Other operating expense in the year ended January 31, 2014 was related to specific cost-reduction initiatives and the Arbitration Award. See "Note J - Commitments and Contingencies" for additional details.

Sales to unaffiliated customers and long-lived assets by geographic areas were as follows:

	Years Ended January 31,
(in millions)	2016		2015		2014
Net sales:
United States	$	1,795.5	$	1,870.8	$	1,770.7
Japan	541.3		554.3		578.6
Other countries	1,768.1		1,824.8		1,681.8
	$	4,104.9	$	4,249.9	$	4,031.1
Long-lived assets:
United States	$	706.9	$	680.1	$	632.9
Japan	20.6		24.4		21.6
Other countries	256.7		239.2		241.9
	$	984.2	$	943.7	$	896.4

Classes of Similar Products

	Years Ended January 31,
(in millions)	2016		2015		2014
Net sales:
Statement, fine & solitaire jewelry	$	910.8	$	930.2	$	916.8
Engagement jewelry & wedding bands	1,170.2		1,245.1		1,182.2
Fashion jewelry	1,716.1		1,755.2		1,618.2
All other	307.8		319.4		313.9
	$	4,104.9	$	4,249.9	$	4,031.1