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Derivatives (Tables) | 12 Months Ended
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Feb. 03, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Summary of Fair Value and Presentation of Derivative Instruments | The following table summarizes the fair value and presentation of derivative instruments in the consolidated balance sheets:
| Fair value of derivative assets
(in millions) | Balance sheet location |  | February 3, 2018 |  | January 28, 2017
Derivatives designated as hedging instruments: |  |  |  |  |
Foreign currency contracts | Other current assets |  | $ | — |  |  | $ | 1.4 |
Interest rate swaps | Other assets |  | 2.2 |  |  | 0.4 |
|  |  | 2.2 |  |  | 1.8 |
Derivatives not designated as hedging instruments: |  |  |  |  |
Foreign currency contracts | Other current assets |  | — |  |  | 1.8 |
Total derivative assets |  |  | $ | 2.2 |  |  | $ | 3.6 |
| Fair value of derivative liabilities
(in millions) | Balance sheet location |  | February 3, 2018 |  | January 28, 2017
Derivatives designated as hedging instruments: |  |  |  |  |
Foreign currency contracts | Other current liabilities |  | $ | (1.4 | ) |  | $ | (0.2 | )
Commodity contracts | Other current liabilities |  | (0.1 | ) |  | (3.4 | )
|  |  | (1.5 | ) |  | (3.6 | )
Derivatives not designated as hedging instruments: |  |  |  |  |
Foreign currency contracts | Other current liabilities |  | (0.9 | ) |  | — |
Total derivative liabilities |  |  | $ | (2.4 | ) |  | $ | (3.6 | )
Summary of Pre-Tax Gains (Losses) Recorded | The following table summarizes the pre-tax gains (losses) recorded in AOCI for derivatives designated in cash flow hedging relationships:
(in millions) | February 3, 2018 |  | January 28, 2017
Foreign currency contracts | $ | (2.4 | ) |  | $ | 4.1 |
Commodity contracts | 1.4 |  |  | (2.1 | )
Interest rate swaps | 2.2 |  |  | 0.4 |
Gains recorded in AOCI | $ | 1.2 |  |  | $ | 2.4 |
Summary of Derivative Instruments | The following tables summarize the effect of derivative instruments designated as cash flow hedges in OCI and the consolidated income statements: Foreign currency contracts
(in millions) | Income statement caption |  | Fiscal 2018 |  | Fiscal 2017
Gains recorded in AOCI, beginning of period |  |  | $ | 4.1 |  |  | $ | 1.4 |
Current period (losses) gains recognized in OCI |  |  | (3.3 | ) |  | 5.4 |
Gains reclassified from AOCI to net income | Cost of sales |  | (3.2 | ) |  | (2.7 | )
(Losses) gains recorded in AOCI, end of period |  |  | $ | (2.4 | ) |  | $ | 4.1 |
Commodity contracts
(in millions) | Income statement caption |  | Fiscal 2018 |  | Fiscal 2017
Losses recorded in AOCI, beginning of period |  |  | $ | (2.1 | ) |  | $ | (3.7 | )
Current period gains recognized in OCI |  |  | 5.2 |  |  | 1.8 |
Gains reclassified from AOCI to net income | Cost of sales |  | (1.7 | ) |  | (0.2 | )
Gains (losses) recorded in AOCI, end of period |  |  | $ | 1.4 |  |  | $ | (2.1 | )
Interest rate swaps
(in millions) | Income statement caption |  | Fiscal 2018 |  | Fiscal 2017
Gains (losses) recorded in AOCI, beginning of period |  |  | $ | 0.4 |  |  | $ | (3.4 | )
Current period gains recognized in OCI |  |  | 1.5 |  |  | 1.6 |
Losses reclassified from AOCI to net income | Interest expense, net |  | 0.3 |  |  | 2.2 |
Gains recorded in AOCI, end of period |  |  | $ | 2.2 |  |  | $ | 0.4 |
The following table presents the effects of the Company’s derivatives instruments not designated as cash flow hedges in the consolidated income statements:
| Income statement caption |  | Amount of gains (losses) recognized in net income
(in millions) |  |  | Fiscal 2018 |  | Fiscal 2017
Derivatives not designated as hedging instruments: |  |  |  |  |
Foreign currency contracts | Other operating income, net |  | $ | 8.4 |  |  | $ | 6.3 |

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- 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
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- 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
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- 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
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