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Fair value measurements (Tables) | 3 Months Ended
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May 05, 2018
Fair Value Disclosures [Abstract] |
Fair Value, by Balance Sheet Grouping | The methods Signet uses to determine fair value on an instrument-specific basis are detailed below:
| May 5, 2018 |  | February 3, 2018 |  | April 29, 2017
(in millions) | Carrying Value |  | Quoted prices in active markets for identical assets (Level 1) |  | Significant other observable inputs (Level 2) |  | Carrying Value |  | Quoted prices in active markets for identical assets (Level 1) |  | Significant other observable inputs (Level 2) |  | Carrying Value |  | Quoted prices in active markets for identical assets (Level 1) |  | Significant other observable inputs (Level 2)
Assets: |  |  |  |  |  |  |  |  |
US Treasury securities | $ | 7.3 |  |  | $ | 7.3 |  |  | $ | — |  |  | $ | 7.5 |  |  | $ | 7.5 |  |  | $ | — |  |  | $ | 7.9 |  |  | $ | 7.9 |  |  | $ | — |
Corporate equity securities | 4.3 |  |  | 4.3 |  |  | — |  |  | 4.5 |  |  | 4.5 |  |  | — |  |  | 4.0 |  |  | 4.0 |  |  | — |
Foreign currency contracts | 0.4 |  |  | — |  |  | 0.4 |  |  | — |  |  | — |  |  | — |  |  | 0.4 |  |  | — |  |  | 0.4 |
Commodity contracts | 0.1 |  |  | — |  |  | 0.1 |  |  | — |  |  | — |  |  | — |  |  | 2.0 |  |  | — |  |  | 2.0 |
Interest rate swaps | 2.3 |  |  | — |  |  | 2.3 |  |  | 2.2 |  |  | — |  |  | 2.2 |  |  | 0.8 |  |  | — |  |  | 0.8 |
US government agency securities | 4.7 |  |  | — |  |  | 4.7 |  |  | 5.1 |  |  | — |  |  | 5.1 |  |  | 4.9 |  |  | — |  |  | 4.9 |
Corporate bonds and notes | 10.6 |  |  | — |  |  | 10.6 |  |  | 10.8 |  |  | — |  |  | 10.8 |  |  | 11.1 |  |  | — |  |  | 11.1 |
Total assets | $ | 29.7 |  |  | $ | 11.6 |  |  | $ | 18.1 |  |  | $ | 30.1 |  |  | $ | 12.0 |  |  | $ | 18.1 |  |  | $ | 31.1 |  |  | $ | 11.9 |  |  | $ | 19.2 |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Foreign currency contracts | $ | (1.2 | ) |  | $ | — |  |  | $ | (1.2 | ) |  | $ | (2.3 | ) |  | $ | — |  |  | $ | (2.3 | ) |  | $ | (1.3 | ) |  | $ | — |  |  | $ | (1.3 | )
Commodity contracts | — |  |  | — |  |  | — |  |  | (0.1 | ) |  | — |  |  | (0.1 | ) |  | — |  |  | — |  |  | — |
Total liabilities | $ | (1.2 | ) |  | $ | — |  |  | $ | (1.2 | ) |  | $ | (2.4 | ) |  | $ | — |  |  | $ | (2.4 | ) |  | $ | (1.3 | ) |  | $ | — |  |  | $ | (1.3 | )
Schedule of Carrying Values and Estimated Fair Values | The carrying amount and fair value of outstanding debt at May 5, 2018, February 3, 2018 and April 29, 2017 were as follows:
| May 5, 2018 |  | February 3, 2018 |  | April 29, 2017
(in millions) | Carrying Value |  | Fair Value |  | Carrying Value |  | Fair Value |  | Carrying Value |  | Fair Value
Long-term debt: |  |  |  |  |  |  |  |  |  |  |
Senior notes (Level 2) | $ | 394.6 |  |  | $ | 382.3 |  |  | $ | 394.5 |  |  | $ | 396.3 |  |  | $ | 393.9 |  |  | $ | 396.5 |
Securitization facility (Level 2) | — |  |  | — |  |  | — |  |  | — |  |  | 599.7 |  |  | 600.0 |
Term loan (Level 2) | 317.0 |  |  | 319.5 |  |  | 323.5 |  |  | 326.2 |  |  | 340.8 |  |  | 344.1 |
Total | $ | 711.6 |  |  | $ | 701.8 |  |  | $ | 718.0 |  |  | $ | 722.5 |  |  | $ | 1,334.4 |  |  | $ | 1,340.6 |

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- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=77997519&loc=d3e13476-108611 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=77997519&loc=d3e13467-108611 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=75026489&loc=d3e13220-108610 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=75031198&loc=d3e14172-108612 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=77997519&loc=d3e13433-108611 + Details
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- Definition Tabular disclosure of information pertaining to carrying amount and estimated fair value of short-term and long-term debt instruments or arrangements, including but not limited to, identification of terms, features, and collateral requirements. + References No definition available. + Details
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