XML 50 R39.htm IDEA: XBRL DOCUMENT
v3.25.2

ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables) | 6 Months Ended
--- | ---
Aug. 03, 2025
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] |
Schedule of Accumulated Other Comprehensive Loss [Table Text Block] | The following tables present the changes in AOCL, net of related taxes, by component for the twenty-six weeks ended August 3, 2025 and August 4, 2024:
(In millions) | Foreign currency translation adjustments |  |  |  | Net unrealized and realized gain (loss) on effective cash flow hedges |  | Total
Balance, February 2, 2025 | $ | (890.8) |  |  |  |  | $ | 34.0 |  |  | $ | (856.8) |
Other comprehensive income (loss) before reclassifications | 158.8 |  | (1)(2) |  |  | (45.3) |  |  | 113.5 |
Less: Amounts reclassified from AOCL | 2.7 |  |  |  |  | 10.7 |  |  | 13.4 |
Other comprehensive income (loss) | 156.1 |  |  |  |  | (56.0) |  |  | 100.1 |
Balance, August 3, 2025 | $ | (734.7) |  |  |  |  | $ | (22.0) |  |  | $ | (756.7) |
(In millions) | Foreign currency translation adjustments |  |  |  | Net unrealized and realized gain (loss) on effective cash flow hedges |  | Total
Balance, February 4, 2024 | $ | (768.7) |  |  |  |  | $ | 15.1 |  |  | $ | (753.6) |
Other comprehensive (loss) income before reclassifications | (12.8) |  | (1) |  |  | 2.9 |  |  | (9.9) |
Less: Amounts reclassified from AOCL | 2.6 |  |  |  |  | 8.7 |  |  | 11.3 |
Other comprehensive loss | (15.4) |  |  |  |  | (5.8) |  |  | (21.2) |
Balance, August 4, 2024 | $ | (784.1) |  |  |  |  | $ | 9.3 |  |  | $ | (774.8) |
(1) Foreign currency translation adjustments included a net loss on net investment hedges of $139.3 million and $10.7 million during the twenty-six weeks ended August 3, 2025 and August 4, 2024, respectively. (2) Favorable foreign currency translation adjustments were principally driven by a weakening of the United States dollar against the euro.
Schedule of Amounts Reclassified Out of Accumulated Other Comprehensive Loss [Table Text Block] | The following table presents reclassifications from AOCL to earnings for the thirteen and twenty-six weeks ended August 3, 2025 and August 4, 2024:
| Amount Reclassified from AOCL |  | Affected Line Item in the Company’s Consolidated Statements of Operations
| Thirteen Weeks Ended |  | Twenty-Six Weeks Ended |  |
(In millions) | 8/3/25 |  | 8/4/24 |  | 8/3/25 |  | 8/4/24 |  |
Realized gain on effective cash flow hedges: |  |  |  |  |  |  |  |  |
Foreign currency forward contracts (inventory purchases) | $ | 14.7 |  |  | $ | 6.3 |  |  | $ | 14.4 |  |  | $ | 12.0 |  |  | Cost of goods sold
Less: Tax effect | 3.8 |  |  | 1.7 |  |  | 3.7 |  |  | 3.3 |  |  | Income tax (benefit) expense
Total, net of tax | $ | 10.9 |  |  | $ | 4.6 |  |  | $ | 10.7 |  |  | $ | 8.7 |  |  |
Foreign currency translation adjustments: |  |  |  |  |  |  |  |  |
Cross-currency swap contracts (net investment hedges) | $ | 1.8 |  |  | $ | 1.8 |  |  | $ | 3.6 |  |  | $ | 3.5 |  |  | Interest expense
Less: Tax effect | 0.4 |  |  | 0.5 |  |  | 0.9 |  |  | 0.9 |  |  | Income tax (benefit) expense
Total, net of tax | $ | 1.4 |  |  | $ | 1.3 |  |  | $ | 2.7 |  |  | $ | 2.6 |  |  |

X
- References No definition available. + Details
Name: | us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTaxAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
Name: | us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482790/220-10-45-14A Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481674/830-30-50-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 20 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481694/830-30-45-20 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration