XML 32 R22.htm IDEA: XBRL DOCUMENT
v3.23.3

ACCUMULATED OTHER COMPREHENSIVE LOSS | 9 Months Ended
--- | ---
Oct. 29, 2023
Accumulated Other Comprehensive Income [Abstract] |
Accumulated Other Comprehensive Loss | ACCUMULATED OTHER COMPREHENSIVE LOSS The following tables present the changes in AOCL, net of related taxes, by component for the thirty-nine weeks ended October 29, 2023 and October 30, 2022:
(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 | (113.5) |  | (1)(2) |  |  | 34.8 |  |  | (78.7) |
Less: Amounts reclassified from AOCL | 1.1 |  |  |  |  | 11.8 |  |  | 12.9 |
Other comprehensive (loss) income | (114.6) |  |  |  |  | 23.0 |  |  | (91.6) |
Balance, October 29, 2023 | $ | (824.7) |  |  |  |  | $ | 20.0 |  |  | $ | (804.7) |
(In millions) | Foreign currency translation adjustments |  |  |  | Net unrealized and realized gain on effective cash flow hedges |  | Total
Balance, January 30, 2022 | $ | (665.9) |  |  |  |  | $ | 53.2 |  |  | $ | (612.7) |
Other comprehensive (loss) income before reclassifications | (261.7) |  | (1)(3) |  |  | 51.5 |  |  | (210.2) |
Less: Amounts reclassified from AOCL | (3.4) |  | (4) |  |  | 9.8 |  |  | 6.4 |
Other comprehensive (loss) income | (258.3) |  |  |  |  | 41.7 |  |  | (216.6) |
Balance, October 30, 2022 | $ | (924.2) |  |  |  |  | $ | 94.9 |  |  | $ | (829.3) |
(1) Foreign currency translation adjustments included a net gain on net investment hedges of $36.7 million and $99.6 million during the thirty-nine weeks ended October 29, 2023 and October 30, 2022, respectively. (2) Unfavorable foreign currency translation adjustments were principally driven by a strengthening of the United States dollar against the euro and a strengthening of the United States dollar against certain currencies in the Asia-Pacific region (primarily the strengthening of the United States dollar against both the Chinese yuan renminbi and the Australian dollar). (3) Unfavorable foreign currency translation adjustments were principally driven by a strengthening of the United States dollar against the euro. (4) Foreign currency translation adjustment losses were reclassified from AOCL during the second quarter of 2022 in connection with the Karl Lagerfeld transaction. Please see Note 5, “Investments in Unconsolidated Affiliates,” for further discussion. The following table presents reclassifications from AOCL to earnings for the thirteen and thirty-nine weeks ended October 29, 2023 and October 30, 2022:
| Amount Reclassified from AOCL |  | Affected Line Item in the Company’s Consolidated Statements of Operations
| Thirteen Weeks Ended |  | Thirty-Nine Weeks Ended |  |
(In millions) | 10/29/23 |  | 10/30/22 |  | 10/29/23 |  | 10/30/22 |  |
Realized gain on effective cash flow hedges: |  |  |  |  |  |  |  |  |
Foreign currency forward contracts (inventory purchases) | $ | 6.3 |  |  | $ | 9.9 |  |  | $ | 16.5 |  |  | $ | 13.6 |  |  | Cost of goods sold
Less: Tax effect | 1.7 |  |  | 2.7 |  |  | 4.7 |  |  | 3.8 |  |  | Income tax expense (benefit)
Total, net of tax | $ | 4.6 |  |  | $ | 7.2 |  |  | $ | 11.8 |  |  | $ | 9.8 |  |  |
Foreign currency translation adjustments: |  |  |  |  |  |  |  |  |
Karl Lagerfeld transaction | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | (3.4) |  | (1) | Equity in net income of unconsolidated affiliates
Cross-currency swap contracts (net investment hedges) | 1.4 |  |  | — |  |  | 1.4 |  |  | — |  |  | Interest expense
Less: Tax effect | 0.3 |  |  | — |  |  | 0.3 |  |  | — |  |  | Income tax expense (benefit)
Total, net of tax | $ | 1.1 |  |  | $ | — |  |  | $ | 1.1 |  |  | $ | (3.4) |  |  |
(1) Foreign currency translation adjustment losses were reclassified from AOCL during the second quarter of 2022 in connection with the Karl Lagerfeld transaction. Please see Note 5, “Investments in Unconsolidated Affiliates,” for further discussion.

X
- Definition Accumulated Other Comprehensive Income [Abstract] + References No definition available. + Details
Name: | pvh_AccumulatedOtherComprehensiveIncomeAbstract
Namespace Prefix: | pvh_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483586/944-220-S99-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483589/942-220-S99-1 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//220/tableOfContent + Details
Name: | us-gaap_ComprehensiveIncomeNoteTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration