XML 55 R43.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Derivatives (Tables) | 9 Months Ended
--- | ---
Oct. 28, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value | The following table summarizes the fair value and presentation of derivative instruments in the condensed consolidated balance sheets:
| Fair value of derivative assets
(in millions) | Balance sheet location |  | October 28, 2017 |  | January 28, 2017 |  | October 29, 2016
Derivatives designated as hedging instruments: |  |  |  |  |  |  |
Foreign currency contracts | Other current assets |  | $ | 0.2 |  |  | $ | 1.4 |  |  | $ | 3.5 |
Commodity contracts | Other current assets |  | 0.7 |  |  | — |  |  | 0.6 |
Interest rate swaps | Other assets |  | 1.3 |  |  | 0.4 |  |  | — |
|  |  | $ | 2.2 |  |  | $ | 1.8 |  |  | $ | 4.1 |
Derivatives not designated as hedging instruments: |  |  |  |  |  |  |
Foreign currency contracts | Other current assets |  | — |  |  | 1.8 |  |  | — |
Total derivative assets |  |  | $ | 2.2 |  |  | $ | 3.6 |  |  | $ | 4.1 |
| Fair value of derivative liabilities
(in millions) | Balance sheet location |  | October 28, 2017 |  | January 28, 2017 |  | October 29, 2016
Derivatives designated as hedging instruments: |  |  |  |  |  |  |
Foreign currency contracts | Other current liabilities |  | $ | (0.7 | ) |  | $ | (0.2 | ) |  | $ | — |
Commodity contracts | Other current liabilities |  | — |  |  | (3.4 | ) |  | (0.7 | )
Interest rate swaps | Other liabilities |  | — |  |  | — |  |  | (2.3 | )
|  |  | $ | (0.7 | ) |  | $ | (3.6 | ) |  | $ | (3.0 | )
Derivatives not designated as hedging instruments: |  |  |  |  |  |  |
Foreign currency contracts | Other current liabilities |  | (0.6 | ) |  | — |  |  | (0.1 | )
Total derivative liabilities |  |  | $ | (1.3 | ) |  | $ | (3.6 | ) |  | $ | (3.1 | )
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) | The following table summarizes the pre-tax gains recorded in AOCI for derivatives designated in cash flow hedging relationships:
(in millions) | October 28, 2017 |  | January 28, 2017 |  | October 29, 2016
Foreign currency contracts | $ | — |  |  | $ | 4.1 |  |  | $ | 6.4 |
Commodity contracts | 1.5 |  |  | (2.1 | ) |  | 3.8 |
Interest rate swaps | 1.3 |  |  | 0.4 |  |  | (2.3 | )
Gains recorded in AOCI | $ | 2.8 |  |  | $ | 2.4 |  |  | $ | 7.9 |
Derivative Instruments, Gain (Loss) | The following tables summarize the effect of derivative instruments designated as cash flow hedges in OCI and the condensed consolidated income statements: Foreign currency contracts
|  |  | 13 weeks ended |  | 39 weeks ended
(in millions) | Income statement caption |  | October 28, 2017 |  | October 29, 2016 |  | October 28, 2017 |  | October 29, 2016
Gains recorded in AOCI, beginning of period |  |  | $ | 0.6 |  |  | $ | 3.8 |  |  | $ | 4.1 |  |  | $ | 1.4 |
Current period (losses) gains recognized in OCI |  |  | 0.2 |  |  | 3.0 |  |  | (1.1 | ) |  | 6.0 |
Gains reclassified from AOCI to net income | Cost of sales |  | (0.8 | ) |  | (0.4 | ) |  | (3.0 | ) |  | (1.0 | )
Gains recorded in AOCI, end of period |  |  | $ | — |  |  | $ | 6.4 |  |  | $ | — |  |  | $ | 6.4 |
Commodity contracts
|  |  | 13 weeks ended |  | 39 weeks ended
(in millions) | Income statement caption |  | October 28, 2017 |  | October 29, 2016 |  | October 28, 2017 |  | October 29, 2016
Gains (losses) recorded in AOCI, beginning of period |  |  | $ | 1.0 |  |  | $ | 6.2 |  |  | $ | (2.1 | ) |  | $ | (3.7 | )
Current period (losses) gains recognized in OCI |  |  | 0.5 |  |  | (2.1 | ) |  | 5.1 |  |  | 5.8 |
(Gains) losses reclassified from AOCI to net income | Cost of sales |  | — |  |  | (0.3 | ) |  | (1.5 | ) |  | 1.7 |
Gains recorded in AOCI, end of period |  |  | $ | 1.5 |  |  | $ | 3.8 |  |  | $ | 1.5 |  |  | $ | 3.8 |
Interest rate swaps
|  |  | 13 weeks ended |  | 39 weeks ended
(in millions) | Income statement caption |  | October 28, 2017 |  | October 29, 2016 |  | October 28, 2017 |  | October 29, 2016
Gains (losses) recorded in AOCI, beginning of period |  |  | $ | 0.7 |  |  | $ | (3.8 | ) |  | $ | 0.4 |  |  | $ | (3.4 | )
Current period gains (losses) recognized in OCI |  |  | 0.6 |  |  | 1.0 |  |  | 0.5 |  |  | (0.6 | )
Losses reclassified from AOCI to net income | Interest expense, net |  | — |  |  | 0.5 |  |  | 0.4 |  |  | 1.7 |
Gains (losses) recorded in AOCI, end of period |  |  | $ | 1.3 |  |  | $ | (2.3 | ) |  | $ | 1.3 |  |  | $ | (2.3 | )
The following table presents the effects of the Company’s derivatives instruments not designated as cash flow hedges in the condensed consolidated income statements:
|  |  | 13 weeks ended |  | 39 weeks ended
(in millions) | Income statement caption |  | October 28, 2017 |  | October 29, 2016 |  | October 28, 2017 |  | October 29, 2016
Derivatives not designated as hedging instruments: |  |  |  |  |  |  |  |  |
Foreign currency contracts | Other operating income, net |  | $ | (0.1 | ) |  | $ | 1.6 |  |  | $ | 3.1 |  |  | $ | 3.2 |

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

X
- Definition Tabular disclosure of the effective portion of gains and losses on derivative instruments (and nonderivative instruments) designated and qualifying in cash flow hedges recorded in accumulated other comprehensive income (loss) during the term of the hedging relationship and reclassified into earnings during the current period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5624171-113959 + Details
Name: | us-gaap_ScheduleOfCashFlowHedgesIncludedInAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5624171-113959 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5618551-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5624163-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration