XML 48 R34.htm IDEA: XBRL DOCUMENT
v3.19.1

Condensed consolidating financial information | 12 Months Ended
--- | ---
Feb. 02, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Condensed consolidating financial information | Condensed consolidating financial information The accompanying condensed consolidating financial information has been prepared and presented pursuant to SEC Regulation S-X, Rule 3-10, “Financial Statements of Guarantors and Issuers of Guaranteed Securities Registered or Being Registered.” We and certain of our subsidiaries have guaranteed the obligations under certain debt securities that have been issued by Signet UK Finance plc. The following presents the condensed consolidating financial information for: (i) the indirect Parent Company (Signet Jewelers Limited); (ii) the Issuer of the guaranteed obligations (Signet UK Finance plc); (iii) the Guarantor subsidiaries, on a combined basis; (iv) the non-guarantor subsidiaries, on a combined basis; (v) consolidating eliminations; and (vi) Signet Jewelers Limited and Subsidiaries on a consolidated basis. Each Guarantor subsidiary is 100% owned by the Parent Company at the date of each balance sheet presented. The Guarantor subsidiaries, along with Signet Jewelers Limited, will fully and unconditionally guarantee the obligations of Signet UK Finance plc under any such debt securities. Each entity in the consolidating financial information follows the same accounting policies as described in the consolidated financial statements. The accompanying condensed consolidating financial information has been presented on the equity method of accounting for all periods presented. Under this method, investments in subsidiaries are recorded at cost and adjusted for the subsidiaries’ cumulative results of operations, capital contributions and distributions, and other changes in equity. Elimination entries include consolidating and eliminating entries for investments in subsidiaries, and intra-entity activity and balances. Condensed Consolidating Income Statement For the 52 week period ended week period ended February 2, 2019
(in millions) | Signet Jewelers Limited |  | Signet UK Finance plc |  | Guarantor Subsidiaries |  | Non- Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Sales | $ | — |  |  | $ | — |  |  | $ | 5,722.8 |  |  | $ | 524.3 |  |  | $ | — |  |  | $ | 6,247.1 |
Cost of sales | — |  |  | — |  |  | (3,755.5 | ) |  | (268.6 | ) |  | — |  |  | (4,024.1 | )
Restructuring charges - cost of sales | — |  |  | — |  |  | (56.5 | ) |  | (5.7 | ) |  | — |  |  | (62.2 | )
Gross margin | — |  |  | — |  |  | 1,910.8 |  |  | 250.0 |  |  | — |  |  | 2,160.8 |
Selling, general and administrative expenses | (1.0 | ) |  | — |  |  | (1,833.4 | ) |  | (150.7 | ) |  | — |  |  | (1,985.1 | )
Credit transaction, net | — |  |  | — |  |  | (167.4 | ) |  | — |  |  | — |  |  | (167.4 | )
Restructuring charges | — |  |  | — |  |  | (55.3 | ) |  | (8.4 | ) |  | — |  |  | (63.7 | )
Goodwill and intangible impairments | — |  |  | — |  |  | (470.4 | ) |  | (265.0 | ) |  | — |  |  | (735.4 | )
Other operating income, net | (0.1 | ) |  | — |  |  | 22.5 |  |  | 3.8 |  |  | — |  |  | 26.2 |
Operating income (loss) | (1.1 | ) |  | — |  |  | (593.2 | ) |  | (170.3 | ) |  | — |  |  | (764.6 | )
Intra-entity interest income (expense) | (4.6 | ) |  | 18.9 |  |  | (243.4 | ) |  | 229.1 |  |  | — |  |  | — |
Interest expense, net | — |  |  | (14.9 | ) |  | (25.0 | ) |  | 0.2 |  |  | — |  |  | (39.7 | )
Other non-operating income | — |  |  | — |  |  | 1.7 |  |  | — |  |  | — |  |  | 1.7 |
Income (loss) before income taxes | (5.7 | ) |  | 4.0 |  |  | (859.9 | ) |  | 59.0 |  |  | — |  |  | (802.6 | )
Income taxes | — |  |  | (0.8 | ) |  | 133.0 |  |  | 13.0 |  |  | — |  |  | 145.2 |
Equity in income of subsidiaries | (651.7 | ) |  | — |  |  | (1,043.1 | ) |  | (770.4 | ) |  | 2,465.2 |  |  | — |
Net income (loss) | (657.4 | ) |  | 3.2 |  |  | (1,770.0 | ) |  | (698.4 | ) |  | 2,465.2 |  |  | (657.4 | )
Dividends on redeemable convertible preferred shares | (32.9 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (32.9 | )
Net income (loss) attributable to common shareholders | $ | (690.3 | ) |  | $ | 3.2 |  |  | $ | (1,770.0 | ) |  | $ | (698.4 | ) |  | $ | 2,465.2 |  |  | $ | (690.3 | )
Condensed Consolidating Income Statement For the 53 week period ended week period ended February 3, 2018
(in millions) | Signet Jewelers Limited |  | Signet UK Finance plc |  | Guarantor Subsidiaries |  | Non- Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Sales | $ | — |  |  | $ | — |  |  | $ | 5,866.6 |  |  | $ | 386.4 |  |  | $ | — |  |  | $ | 6,253.0 |
Cost of sales | — |  |  | — |  |  | (3,926.6 | ) |  | (136.4 | ) |  | — |  |  | (4,063.0 | )
Gross margin | — |  |  | — |  |  | 1,940.0 |  |  | 250.0 |  |  | — |  |  | 2,190.0 |
Selling, general and administrative expenses | (1.9 | ) |  | — |  |  | (1,738.2 | ) |  | (132.1 | ) |  | — |  |  | (1,872.2 | )
Credit transaction, net | — |  |  | — |  |  | 1.3 |  |  | — |  |  | — |  |  | 1.3 |
Other operating income, net | 0.1 |  |  | — |  |  | 260.3 |  |  | 0.4 |  |  | — |  |  | 260.8 |
Operating income (loss) | (1.8 | ) |  | — |  |  | 463.4 |  |  | 118.3 |  |  | — |  |  | 579.9 |
Intra-entity interest income (expense) | — |  |  | 18.8 |  |  | (190.2 | ) |  | 171.4 |  |  | — |  |  | — |
Interest expense, net | — |  |  | (19.9 | ) |  | (21.6 | ) |  | (11.2 | ) |  | — |  |  | (52.7 | )
Income (loss) before income taxes | (1.8 | ) |  | (1.1 | ) |  | 251.6 |  |  | 278.5 |  |  | — |  |  | 527.2 |
Income taxes | — |  |  | 0.2 |  |  | (21.3 | ) |  | 13.2 |  |  | — |  |  | (7.9 | )
Equity in income of subsidiaries | 521.1 |  |  | — |  |  | 229.6 |  |  | 233.1 |  |  | (983.8 | ) |  | — |
Net income (loss) | 519.3 |  |  | (0.9 | ) |  | 459.9 |  |  | 524.8 |  |  | (983.8 | ) |  | 519.3 |
Dividends on redeemable convertible preferred shares | (32.9 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (32.9 | )
Net income (loss) attributable to common shareholders | $ | 486.4 |  |  | $ | (0.9 | ) |  | $ | 459.9 |  |  | $ | 524.8 |  |  | $ | (983.8 | ) |  | $ | 486.4 |
Condensed Consolidating Income Statement For the 52 week period ended week period ended January 28, 2017
(in millions) | Signet Jewelers Limited |  | Signet UK Finance plc |  | Guarantor Subsidiaries |  | Non- Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Sales | $ | — |  |  | $ | — |  |  | $ | 6,141.9 |  |  | $ | 266.5 |  |  | $ | — |  |  | $ | 6,408.4 |
Cost of sales | — |  |  | — |  |  | (3,997.2 | ) |  | (50.4 | ) |  | — |  |  | (4,047.6 | )
Gross margin | — |  |  | — |  |  | 2,144.7 |  |  | 216.1 |  |  | — |  |  | 2,360.8 |
Selling, general and administrative expenses | (1.3 | ) |  | — |  |  | (1,775.1 | ) |  | (103.8 | ) |  | — |  |  | (1,880.2 | )
Other operating income, net | — |  |  | — |  |  | 293.8 |  |  | (11.2 | ) |  | — |  |  | 282.6 |
Operating income (loss) | (1.3 | ) |  | — |  |  | 663.4 |  |  | 101.1 |  |  | — |  |  | 763.2 |
Intra-entity interest income (expense) | — |  |  | 18.8 |  |  | (188.4 | ) |  | 169.6 |  |  | — |  |  | — |
Interest expense, net | — |  |  | (19.8 | ) |  | (16.6 | ) |  | (13.0 | ) |  | — |  |  | (49.4 | )
Income (loss) before income taxes | (1.3 | ) |  | (1.0 | ) |  | 458.4 |  |  | 257.7 |  |  | — |  |  | 713.8 |
Income taxes | — |  |  | 0.2 |  |  | (175.1 | ) |  | 4.3 |  |  | — |  |  | (170.6 | )
Equity in income of subsidiaries | 544.5 |  |  | — |  |  | 276.4 |  |  | 295.7 |  |  | (1,116.6 | ) |  | — |
Net income (loss) | 543.2 |  |  | (0.8 | ) |  | 559.7 |  |  | 557.7 |  |  | (1,116.6 | ) |  | 543.2 |
Dividends on redeemable convertible preferred shares | (11.9 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (11.9 | )
Net income (loss) attributable to common shareholders | $ | 531.3 |  |  | $ | (0.8 | ) |  | $ | 559.7 |  |  | $ | 557.7 |  |  | $ | (1,116.6 | ) |  | $ | 531.3 |
Condensed Consolidating Statement of Comprehensive Income For the 52 week period ended week period ended February 2, 2019
(in millions) | Signet Jewelers Limited |  | Signet UK Finance plc |  | Guarantor Subsidiaries |  | Non- Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net income (loss) | $ | (657.4 | ) |  | $ | 3.2 |  |  | $ | (1,770.0 | ) |  | $ | (698.4 | ) |  | $ | 2,465.2 |  |  | $ | (657.4 | )
Other comprehensive income (loss): |  |  |  |  |  |  |  |  |  |  |
Foreign currency translation adjustments | (35.9 | ) |  | — |  |  | (35.4 | ) |  | (0.5 | ) |  | 35.9 |  |  | (35.9 | )
Available-for-sale securities: |  |  |  |  |  |  |  |  |  |  |
Unrealized gain (loss)(1) | 0.4 |  |  | — |  |  | — |  |  | 0.4 |  |  | (0.4 | ) |  | 0.4 |
Impacts from adoption of new accounting pronouncements(2) | (0.8 | ) |  | — |  |  | — |  |  | (0.8 | ) |  | 0.8 |  |  | (0.8 | )
Cash flow hedges: |  |  |  |  |  |  |  |  |  |  |
Unrealized gain (loss) | 4.8 |  |  | — |  |  | 4.8 |  |  | — |  |  | (4.8 | ) |  | 4.8 |
Reclassification adjustment for losses to net income | (1.5 | ) |  | — |  |  | (1.5 | ) |  | — |  |  | 1.5 |  |  | (1.5 | )
Pension plan: |  |  |  |  |  |  |  |  |  |  |
Actuarial gain (loss) | (3.4 | ) |  | — |  |  | (3.4 | ) |  | — |  |  | 3.4 |  |  | (3.4 | )
Reclassification adjustment to net income for amortization of actuarial losses | 0.7 |  |  | — |  |  | 0.7 |  |  | — |  |  | (0.7 | ) |  | 0.7 |
Prior service costs | (6.5 | ) |  | — |  |  | (6.5 | ) |  | — |  |  | 6.5 |  |  | (6.5 | )
Total other comprehensive income (loss) | (42.2 | ) |  | — |  |  | (41.3 | ) |  | (0.9 | ) |  | 42.2 |  |  | (42.2 | )
Total comprehensive income (loss) | $ | (699.6 | ) |  | $ | 3.2 |  |  | $ | (1,811.3 | ) |  | $ | (699.3 | ) |  | $ | 2,507.4 |  |  | $ | (699.6 | )
(1) | During Fiscal 2019, amount represents unrealized losses related to the Company’s available-for-sale debt securities. During Fiscal 2018, amount represents unrealized gains related to the Company’s available-for-sale debt and equity securities.
(2) | Adjustment reflects the reclassification of unrealized gains related to the Company’s available-for-sale equity security investments as of February 3, 2018 from AOCI into retained earnings associated with the adoption of ASU 2016-01.
Condensed Consolidating Statement of Comprehensive Income For the 53 week period ended week period ended February 3, 2018
(in millions) | Signet Jewelers Limited |  | Signet UK Finance plc |  | Guarantor Subsidiaries |  | Non- Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net income (loss) | $ | 519.3 |  |  | $ | (0.9 | ) |  | $ | 459.9 |  |  | $ | 524.8 |  |  | $ | (983.8 | ) |  | $ | 519.3 |
Other comprehensive income (loss): |  |  |  |  |  |  |  |  |  |  |
Foreign currency translation adjustments | 50.9 |  |  | — |  |  | 50.2 |  |  | 0.7 |  |  | (50.9 | ) |  | 50.9 |
Available-for-sale securities: |  |  |  |  |  |  |  |  |  |  |
Unrealized gain (loss) | 0.3 |  |  | — |  |  | — |  |  | 0.3 |  |  | (0.3 | ) |  | 0.3 |
Cash flow hedges: |  |  |  |  |  |  |  |  |  |  |
Unrealized gain (loss) | 1.8 |  |  | — |  |  | 1.8 |  |  | — |  |  | (1.8 | ) |  | 1.8 |
Reclassification adjustment for losses to net income | (3.5 | ) |  | — |  |  | (3.5 | ) |  | — |  |  | 3.5 |  |  | (3.5 | )
Pension plan: |  |  |  |  |  |  |  |  |  |  |
Reclassification adjustment to net income for amortization of actuarial losses | 2.2 |  |  | — |  |  | 2.2 |  |  | — |  |  | (2.2 | ) |  | 2.2 |
Prior service costs | (0.5 | ) |  | — |  |  | (0.5 | ) |  | — |  |  | 0.5 |  |  | (0.5 | )
Reclassification adjustment to net income for amortization of net prior service credits | (1.1 | ) |  | — |  |  | (1.1 | ) |  | — |  |  | 1.1 |  |  | (1.1 | )
Net curtailment gain and settlement loss | (3.0 | ) |  | — |  |  | (3.0 | ) |  | — |  |  | 3.0 |  |  | (3.0 | )
Total other comprehensive income (loss) | 47.1 |  |  | — |  |  | 46.1 |  |  | 1.0 |  |  | (47.1 | ) |  | 47.1 |
Total comprehensive income (loss) | $ | 566.4 |  |  | $ | (0.9 | ) |  | $ | 506.0 |  |  | $ | 525.8 |  |  | $ | (1,030.9 | ) |  | $ | 566.4 |
Condensed Consolidating Statement of Comprehensive Income For the 52 week period ended week period ended January 28, 2017
(in millions) | Signet Jewelers Limited |  | Signet UK Finance plc |  | Guarantor Subsidiaries |  | Non- Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net income (loss) | $ | 543.2 |  |  | $ | (0.8 | ) |  | $ | 559.7 |  |  | $ | 557.7 |  |  | $ | (1,116.6 | ) |  | $ | 543.2 |
Other comprehensive income (loss): |  |  |  |  |  |  |  |  |  |  |
Foreign currency translation adjustments | (25.6 | ) |  | — |  |  | (31.2 | ) |  | 5.6 |  |  | 25.6 |  |  | (25.6 | )
Available-for-sale securities: |  |  |  |  |  |  |  |  |  |  |
Cash flow hedges: |  |  |  |  |  |  |  |  |  |  |
Unrealized gain (loss) | 6.9 |  |  | — |  |  | 6.9 |  |  | — |  |  | (6.9 | ) |  | 6.9 |
Reclassification adjustment for losses to net income | (0.6 | ) |  | — |  |  | (0.6 | ) |  | — |  |  | 0.6 |  |  | (0.6 | )
Pension plan: |  |  |  |  |  |  |  |  |  |  |
Actuarial gain (loss) | (13.6 | ) |  | — |  |  | (13.6 | ) |  | — |  |  | 13.6 |  |  | (13.6 | )
Reclassification adjustment to net income for amortization of actuarial losses | 1.2 |  |  | — |  |  | 1.2 |  |  | — |  |  | (1.2 | ) |  | 1.2 |
Prior service costs | (0.4 | ) |  | — |  |  | (0.4 | ) |  | — |  |  | 0.4 |  |  | (0.4 | )
Reclassification adjustment to net income for amortization of net prior service credits | (1.5 | ) |  | — |  |  | (1.5 | ) |  | — |  |  | 1.5 |  |  | (1.5 | )
Total other comprehensive income (loss) | (33.6 | ) |  | — |  |  | (39.2 | ) |  | 5.6 |  |  | 33.6 |  |  | (33.6 | )
Total comprehensive income (loss) | $ | 509.6 |  |  | $ | (0.8 | ) |  | $ | 520.5 |  |  | $ | 563.3 |  |  | $ | (1,083.0 | ) |  | $ | 509.6 |
Condensed Consolidating Balance Sheet February 2, 2019
(in millions) | Signet Jewelers Limited |  | Signet UK Finance plc |  | Guarantor Subsidiaries |  | Non- Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Assets |  |  |  |  |  |  |  |  |  |  |
Current assets: |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 0.2 |  |  | $ | 0.1 |  |  | $ | 146.7 |  |  | $ | 48.4 |  |  | $ | — |  |  | $ | 195.4 |
Accounts receivable, held for sale | — |  |  | — |  |  | 4.2 |  |  | — |  |  | — |  |  | 4.2 |
Accounts receivable, net | — |  |  | — |  |  | 10.1 |  |  | 9.4 |  |  | — |  |  | 19.5 |
Intra-entity receivables, net | — |  |  | 7.9 |  |  | 83.4 |  |  | 220.0 |  |  | (311.3 | ) |  | — |
Other receivables | — |  |  | — |  |  | 46.5 |  |  | 26.0 |  |  | — |  |  | 72.5 |
Other current assets | — |  |  | — |  |  | 169.4 |  |  | 2.1 |  |  | — |  |  | 171.5 |
Income taxes | — |  |  | — |  |  | 5.1 |  |  | 0.7 |  |  | — |  |  | 5.8 |
Inventories | — |  |  | — |  |  | 2,302.6 |  |  | 84.3 |  |  | — |  |  | 2,386.9 |
Total current assets | 0.2 |  |  | 8.0 |  |  | 2,768.0 |  |  | 390.9 |  |  | (311.3 | ) |  | 2,855.8 |
Non-current assets: |  |  |  |  |  |  |  |  |  |  |
Property, plant and equipment, net | — |  |  | — |  |  | 789.6 |  |  | 10.9 |  |  | — |  |  | 800.5 |
Goodwill | — |  |  | — |  |  | 206.3 |  |  | 90.3 |  |  | — |  |  | 296.6 |
Intangible assets, net | — |  |  | — |  |  | 244.0 |  |  | 21.0 |  |  | — |  |  | 265.0 |
Investment in subsidiaries | 2,155.7 |  |  | — |  |  | (15.7 | ) |  | (305.5 | ) |  | (1,834.5 | ) |  | — |
Intra-entity receivables, net | — |  |  | 400.0 |  |  | — |  |  | 2,588.0 |  |  | (2,988.0 | ) |  | — |
Other assets | — |  |  | — |  |  | 133.4 |  |  | 17.2 |  |  | — |  |  | 150.6 |
Deferred tax assets | — |  |  | — |  |  | 24.5 |  |  | (3.5 | ) |  | — |  |  | 21.0 |
Retirement benefit asset | — |  |  | — |  |  | 30.6 |  |  | — |  |  | — |  |  | 30.6 |
Total assets | $ | 2,155.9 |  |  | $ | 408.0 |  |  | $ | 4,180.7 |  |  | $ | 2,809.3 |  |  | $ | (5,133.8 | ) |  | $ | 4,420.1 |
Liabilities and Shareholders’ equity |  |  |  |  |  |  |  |  |  |  |
Current liabilities: |  |  |  |  |  |  |  |  |  |  |
Loans and overdrafts | $ | — |  |  | $ | (0.7 | ) |  | $ | 79.5 |  |  | $ | — |  |  | $ | — |  |  | $ | 78.8 |
Accounts payable | — |  |  | — |  |  | 119.7 |  |  | 34.0 |  |  | — |  |  | 153.7 |
Intra-entity payables, net | 311.3 |  |  | — |  |  | — |  |  | — |  |  | (311.3 | ) |  | — |
Accrued expenses and other current liabilities | 27.7 |  |  | 2.4 |  |  | 450.4 |  |  | 22.3 |  |  | — |  |  | 502.8 |
Deferred revenue | — |  |  | — |  |  | 257.6 |  |  | 12.4 |  |  | — |  |  | 270.0 |
Income taxes | — |  |  | 0.8 |  |  | 26.4 |  |  | 0.5 |  |  | — |  |  | 27.7 |
Total current liabilities | 339.0 |  |  | 2.5 |  |  | 933.6 |  |  | 69.2 |  |  | (311.3 | ) |  | 1,033.0 |
Non-current liabilities: |  |  |  |  |  |  |  |  |  |  |
Long-term debt | — |  |  | 396.0 |  |  | 253.6 |  |  | — |  |  | — |  |  | 649.6 |
Intra-entity payables, net | — |  |  | — |  |  | 2,988.0 |  |  | — |  |  | (2,988.0 | ) |  | — |
Other liabilities | — |  |  | — |  |  | 219.4 |  |  | 4.7 |  |  | — |  |  | 224.1 |
Deferred revenue | — |  |  | — |  |  | 696.5 |  |  | — |  |  | — |  |  | 696.5 |
Deferred tax liabilities | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total liabilities | 339.0 |  |  | 398.5 |  |  | 5,091.1 |  |  | 73.9 |  |  | (3,299.3 | ) |  | 2,603.2 |
Series A redeemable convertible preferred shares | 615.3 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 615.3 |
Total shareholders’ equity | 1,201.6 |  |  | 9.5 |  |  | (910.4 | ) |  | 2,735.4 |  |  | (1,834.5 | ) |  | 1,201.6 |
Total liabilities, redeemable convertible preferred shares and shareholders’ equity | $ | 2,155.9 |  |  | $ | 408.0 |  |  | $ | 4,180.7 |  |  | $ | 2,809.3 |  |  | $ | (5,133.8 | ) |  | $ | 4,420.1 |
Condensed Consolidating Balance Sheet February 3, 2018
(in millions) | Signet Jewelers Limited |  | Signet UK Finance plc |  | Guarantor Subsidiaries |  | Non- Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Assets |  |  |  |  |  |  |  |  |  |  |
Current assets: |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 1.7 |  |  | $ | 0.1 |  |  | $ | 150.5 |  |  | $ | 72.8 |  |  | $ | — |  |  | $ | 225.1 |
Accounts receivable, net | — |  |  | — |  |  | 692.5 |  |  | — |  |  | — |  |  | 692.5 |
Intra-entity receivables, net | — |  |  | 2.9 |  |  | — |  |  | 166.9 |  |  | (169.8 | ) |  | — |
Other receivables | — |  |  | — |  |  | 62.0 |  |  | 25.2 |  |  | — |  |  | 87.2 |
Other current assets | — |  |  | — |  |  | 154.4 |  |  | 3.8 |  |  | — |  |  | 158.2 |
Income taxes | — |  |  | — |  |  | 2.6 |  |  | — |  |  | — |  |  | 2.6 |
Inventories | — |  |  | — |  |  | 2,201.3 |  |  | 79.2 |  |  | — |  |  | 2,280.5 |
Total current assets | 1.7 |  |  | 3.0 |  |  | 3,263.3 |  |  | 347.9 |  |  | (169.8 | ) |  | 3,446.1 |
Non-current assets: |  |  |  |  |  |  |  |  |  |  |
Property, plant and equipment, net | — |  |  | — |  |  | 870.1 |  |  | 7.8 |  |  | — |  |  | 877.9 |
Goodwill | — |  |  | — |  |  | 516.4 |  |  | 305.3 |  |  | — |  |  | 821.7 |
Intangible assets, net | — |  |  | — |  |  | 410.9 |  |  | 70.6 |  |  | — |  |  | 481.5 |
Investment in subsidiaries | 3,150.2 |  |  | — |  |  | 1,163.6 |  |  | 606.0 |  |  | (4,919.8 | ) |  | — |
Intra-entity receivables, net | — |  |  | 400.0 |  |  | — |  |  | 2,859.0 |  |  | (3,259.0 | ) |  | — |
Other assets | — |  |  | — |  |  | 140.1 |  |  | 31.1 |  |  | — |  |  | 171.2 |
Deferred tax assets | — |  |  | — |  |  | 1.3 |  |  | 0.1 |  |  | — |  |  | 1.4 |
Retirement benefit asset | — |  |  | — |  |  | 39.8 |  |  | — |  |  | — |  |  | 39.8 |
Total assets | $ | 3,151.9 |  |  | $ | 403.0 |  |  | $ | 6,405.5 |  |  | $ | 4,227.8 |  |  | $ | (8,348.6 | ) |  | $ | 5,839.6 |
Liabilities and Shareholders’ equity |  |  |  |  |  |  |  |  |  |  |
Current liabilities: |  |  |  |  |  |  |  |  |  |  |
Loans and overdrafts | $ | — |  |  | $ | (0.7 | ) |  | $ | 44.7 |  |  | $ | — |  |  | $ | — |  |  | $ | 44.0 |
Accounts payable | — |  |  | — |  |  | 202.2 |  |  | 34.8 |  |  | — |  |  | 237.0 |
Intra-entity payables, net | 11.3 |  |  | — |  |  | 158.5 |  |  | — |  |  | (169.8 | ) |  | — |
Accrued expenses and other current liabilities | 27.2 |  |  | 2.4 |  |  | 397.5 |  |  | 20.9 |  |  | — |  |  | 448.0 |
Deferred revenue | — |  |  | — |  |  | 276.2 |  |  | 12.4 |  |  | — |  |  | 288.6 |
Income taxes | — |  |  | (0.2 | ) |  | 36.7 |  |  | (16.9 | ) |  | — |  |  | 19.6 |
Total current liabilities | 38.5 |  |  | 1.5 |  |  | 1,115.8 |  |  | 51.2 |  |  | (169.8 | ) |  | 1,037.2 |
Non-current liabilities: |  |  |  |  |  |  |  |  |  |  |
Long-term debt | — |  |  | 395.2 |  |  | 293.0 |  |  | — |  |  | — |  |  | 688.2 |
Intra-entity payables, net | — |  |  | — |  |  | 3,259.0 |  |  | — |  |  | (3,259.0 | ) |  | — |
Other liabilities | — |  |  | — |  |  | 233.0 |  |  | 6.6 |  |  | — |  |  | 239.6 |
Deferred revenue | — |  |  | — |  |  | 668.9 |  |  | — |  |  | — |  |  | 668.9 |
Deferred tax liabilities | — |  |  | — |  |  | 76.7 |  |  | 15.6 |  |  | — |  |  | 92.3 |
Total liabilities | 38.5 |  |  | 396.7 |  |  | 5,646.4 |  |  | 73.4 |  |  | (3,428.8 | ) |  | 2,726.2 |
Series A redeemable convertible preferred shares | 613.6 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 613.6 |
Total shareholders’ equity | 2,499.8 |  |  | 6.3 |  |  | 759.1 |  |  | 4,154.4 |  |  | (4,919.8 | ) |  | 2,499.8 |
Total liabilities, redeemable convertible preferred shares and shareholders’ equity | $ | 3,151.9 |  |  | $ | 403.0 |  |  | $ | 6,405.5 |  |  | $ | 4,227.8 |  |  | $ | (8,348.6 | ) |  | $ | 5,839.6 |
Condensed Consolidating Statement of Cash Flows For the 52 week period ended week period ended February 2, 2019
(in millions) | Signet Jewelers Limited |  | Signet UK Finance plc |  | Guarantor Subsidiaries |  | Non- Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net cash provided by (used in) operating activities | $ | 653.1 |  |  | $ | 5.0 |  |  | $ | 363.8 |  |  | $ | 336.6 |  |  | $ | (660.8 | ) |  | $ | 697.7 |
Investing activities |  |  |  |  |  |  |  |  |  |  |
Purchase of property, plant and equipment | — |  |  | — |  |  | (128.9 | ) |  | (4.6 | ) |  | — |  |  | (133.5 | )
Proceeds from sale of assets | — |  |  | — |  |  | — |  |  | 5.5 |  |  | — |  |  | 5.5 |
Investment in subsidiaries | (80.0 | ) |  | — |  |  | — |  |  | — |  |  | 80.0 |  |  | — |
Purchase of available-for-sale securities | — |  |  | — |  |  | — |  |  | (0.6 | ) |  | — |  |  | (0.6 | )
Proceeds from available-for-sale securities | — |  |  | — |  |  | — |  |  | 9.6 |  |  | — |  |  | 9.6 |
Net cash provided by (used in) investing activities | (80.0 | ) |  | — |  |  | (128.9 | ) |  | 9.9 |  |  | 80.0 |  |  | (119.0 | )
Financing activities |  |  |  |  |  |  |  |  |  |  |
Dividends paid on common shares | (79.0 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (79.0 | )
Dividends paid on redeemable convertible preferred shares | (31.2 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (31.2 | )
Intra-entity dividends paid | — |  |  | — |  |  | — |  |  | (660.8 | ) |  | 660.8 |  |  | — |
Repurchase of common shares | (485.0 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (485.0 | )
Proceeds from issuance of common shares | — |  |  | — |  |  | 80.0 |  |  | — |  |  | (80.0 | ) |  | — |
Repayments of term loan | — |  |  | — |  |  | (31.3 | ) |  | — |  |  | — |  |  | (31.3 | )
Proceeds from revolving credit facility | — |  |  | — |  |  | 787.0 |  |  | — |  |  | — |  |  | 787.0 |
Repayments of revolving credit facility | — |  |  | — |  |  | (787.0 | ) |  | — |  |  | — |  |  | (787.0 | )
Proceeds from (repayment of) short-term borrowings | — |  |  | — |  |  | 25.9 |  |  | — |  |  | — |  |  | 25.9 |
Other financing activities | (2.1 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (2.1 | )
Intra-entity activity, net | 22.7 |  |  | (5.0 | ) |  | (307.9 | ) |  | 290.2 |  |  | — |  |  | — |
Net cash provided by (used in) financing activities | (574.6 | ) |  | (5.0 | ) |  | (233.3 | ) |  | (370.6 | ) |  | 580.8 |  |  | (602.7 | )
Cash and cash equivalents at beginning of period | 1.7 |  |  | 0.1 |  |  | 150.5 |  |  | 72.8 |  |  | — |  |  | 225.1 |
Increase (decrease) in cash and cash equivalents | (1.5 | ) |  | — |  |  | 1.6 |  |  | (24.1 | ) |  | — |  |  | (24.0 | )
Effect of exchange rate changes on cash and cash equivalents | — |  |  | — |  |  | (5.4 | ) |  | (0.3 | ) |  | — |  |  | (5.7 | )
Cash and cash equivalents at end of period | $ | 0.2 |  |  | $ | 0.1 |  |  | $ | 146.7 |  |  | $ | 48.4 |  |  | $ | — |  |  | $ | 195.4 |
Condensed Consolidating Statement of Cash Flows For the 53 week period ended week period ended February 3, 2018
(in millions) | Signet Jewelers Limited |  | Signet UK Finance plc |  | Guarantor Subsidiaries |  | Non- Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net cash provided by (used in) operating activities | $ | 767.8 |  |  | $ | (0.1 | ) |  | $ | 1,856.7 |  |  | $ | 586.0 |  |  | $ | (1,269.9 | ) |  | $ | 1,940.5 |
Investing activities |  |  |  |  |  |  |  |  |  |  |
Purchase of property, plant and equipment | — |  |  | — |  |  | (236.3 | ) |  | (1.1 | ) |  | — |  |  | (237.4 | )
Investment in subsidiaries | (219.9 | ) |  | — |  |  | (25.0 | ) |  | — |  |  | 244.9 |  |  | — |
Purchase of available-for-sale securities | — |  |  | — |  |  | — |  |  | (2.4 | ) |  | — |  |  | (2.4 | )
Proceeds from available-for-sale securities | — |  |  | — |  |  | — |  |  | 2.2 |  |  | — |  |  | 2.2 |
Acquisition of R2Net, net of cash acquired | — |  |  | — |  |  | (331.8 | ) |  | — |  |  | — |  |  | (331.8 | )
Net cash provided by (used in) investing activities | (219.9 | ) |  | — |  |  | (593.1 | ) |  | (1.3 | ) |  | 244.9 |  |  | (569.4 | )
Financing activities |  |  |  |  |  |  |  |  |  |  |
Dividends paid on common shares | (76.5 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (76.5 | )
Dividends paid on redeemable convertible preferred shares | (34.7 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (34.7 | )
Intra-entity dividends paid | — |  |  | — |  |  | (800.0 | ) |  | (469.9 | ) |  | 1,269.9 |  |  | — |
Repurchase of common shares | (460.0 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (460.0 | )
Proceeds from issuance of common shares | 0.3 |  |  | — |  |  | 219.9 |  |  | 25.0 |  |  | (244.9 | ) |  | 0.3 |
Net settlement of equity based awards | (2.9 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (2.9 | )
Proceeds from term loan | — |  |  | — |  |  | 350.0 |  |  | — |  |  | — |  |  | 350.0 |
Repayments of term loan | — |  |  | — |  |  | (372.3 | ) |  | — |  |  | — |  |  | (372.3 | )
Proceeds from securitization facility | — |  |  | — |  |  | — |  |  | 1,745.9 |  |  | — |  |  | 1,745.9 |
Repayment of securitization facility | — |  |  | — |  |  | — |  |  | (2,345.9 | ) |  | — |  |  | (2,345.9 | )
Proceeds from revolving credit facility | — |  |  | — |  |  | 814.0 |  |  | — |  |  | — |  |  | 814.0 |
Repayments of revolving credit facility | — |  |  | — |  |  | (870.0 | ) |  | — |  |  | — |  |  | (870.0 | )
Payment of debt issuance costs | — |  |  | — |  |  | (1.4 | ) |  | — |  |  | — |  |  | (1.4 | )
Proceeds from (repayment of) short-term borrowings | — |  |  | — |  |  | (0.1 | ) |  | — |  |  | — |  |  | (0.1 | )
Intra-entity activity, net | 25.9 |  |  | 0.1 |  |  | (532.2 | ) |  | 506.2 |  |  | — |  |  | — |
Net cash provided by (used in) financing activities | (547.9 | ) |  | 0.1 |  |  | (1,192.1 | ) |  | (538.7 | ) |  | 1,025.0 |  |  | (1,253.6 | )
Cash and cash equivalents at beginning of period | 1.7 |  |  | 0.1 |  |  | 70.3 |  |  | 26.6 |  |  | — |  |  | 98.7 |
Increase (decrease) in cash and cash equivalents | — |  |  | — |  |  | 71.5 |  |  | 46.0 |  |  | — |  |  | 117.5 |
Effect of exchange rate changes on cash and cash equivalents | — |  |  | — |  |  | 8.7 |  |  | 0.2 |  |  | — |  |  | 8.9 |
Cash and cash equivalents at end of period | $ | 1.7 |  |  | $ | 0.1 |  |  | $ | 150.5 |  |  | $ | 72.8 |  |  | $ | — |  |  | $ | 225.1 |
Condensed Consolidating Statement of Cash Flows For the 52 week period ended week period ended January 28, 2017
(in millions) | Signet Jewelers Limited |  | Signet UK Finance plc |  | Guarantor Subsidiaries |  | Non- Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net cash provided by (used in) operating activities | $ | 1,057.9 |  |  | $ | 0.1 |  |  | $ | 724.8 |  |  | $ | 525.6 |  |  | $ | (1,630.1 | ) |  | $ | 678.3 |
Investing activities |  |  |  |  |  |  |  |  |  |  |
Purchase of property, plant and equipment | — |  |  | — |  |  | (277.9 | ) |  | (0.1 | ) |  | — |  |  | (278.0 | )
Investment in subsidiaries | (610.0 | ) |  | — |  |  | — |  |  | — |  |  | 610.0 |  |  | — |
Purchase of available-for-sale securities | — |  |  | — |  |  | — |  |  | (10.4 | ) |  | — |  |  | (10.4 | )
Proceeds from available-for-sale securities | — |  |  | — |  |  | — |  |  | 10.0 |  |  | — |  |  | 10.0 |
Net cash provided by (used in) investing activities | (610.0 | ) |  | — |  |  | (277.9 | ) |  | (0.5 | ) |  | 610.0 |  |  | (278.4 | )
Financing activities |  |  |  |  |  |  |  |  |  |  |
Dividends paid on common shares | (75.6 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (75.6 | )
Intra-entity dividends paid | — |  |  | — |  |  | (730.0 | ) |  | (900.1 | ) |  | 1,630.1 |  |  | — |
Repurchase of common shares | (1,000.0 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (1,000.0 | )
Proceeds from issuance of common shares | 2.1 |  |  | — |  |  | 610.0 |  |  | — |  |  | (610.0 | ) |  | 2.1 |
Proceeds from issuance of redeemable convertible preferred shares, net of issuance costs | 611.3 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 611.3 |
Net settlement of equity based awards | (4.9 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (4.9 | )
Excess tax benefit from exercise of share awards | — |  |  | — |  |  | 2.4 |  |  | — |  |  | — |  |  | 2.4 |
Repayments of term loan | — |  |  | — |  |  | (16.4 | ) |  | — |  |  | — |  |  | (16.4 | )
Proceeds from securitization facility | — |  |  | — |  |  | — |  |  | 2,404.1 |  |  | — |  |  | 2,404.1 |
Repayment of securitization facility | — |  |  | — |  |  | — |  |  | (2,404.1 | ) |  | — |  |  | (2,404.1 | )
Proceeds from revolving credit facility | — |  |  | — |  |  | 1,270.0 |  |  | — |  |  | — |  |  | 1,270.0 |
Repayments of revolving credit facility | — |  |  | — |  |  | (1,214.0 | ) |  | — |  |  | — |  |  | (1,214.0 | )
Payment of debt issuance costs | — |  |  | — |  |  | (2.1 | ) |  | (0.6 | ) |  | — |  |  | (2.7 | )
Principal payments under capital lease obligations | — |  |  | — |  |  | (0.2 | ) |  | — |  |  | — |  |  | (0.2 | )
Repayment of short-term borrowings | — |  |  | — |  |  | (10.2 | ) |  | — |  |  | — |  |  | (10.2 | )
Intra-entity activity, net | 19.0 |  |  | (0.1 | ) |  | (386.6 | ) |  | 367.7 |  |  | — |  |  | — |
Net cash provided by (used in) financing activities | (448.1 | ) |  | (0.1 | ) |  | (477.1 | ) |  | (533.0 | ) |  | 1,020.1 |  |  | (438.2 | )
Cash and cash equivalents at beginning of period | 1.9 |  |  | 0.1 |  |  | 102.0 |  |  | 33.7 |  |  | — |  |  | 137.7 |
Increase (decrease) in cash and cash equivalents | (0.2 | ) |  | — |  |  | (30.2 | ) |  | (7.9 | ) |  | — |  |  | (38.3 | )
Effect of exchange rate changes on cash and cash equivalents | — |  |  | — |  |  | (1.5 | ) |  | 0.8 |  |  | — |  |  | (0.7 | )
Cash and cash equivalents at end of period | $ | 1.7 |  |  | $ | 0.1 |  |  | $ | 70.3 |  |  | $ | 26.6 |  |  | $ | — |  |  | $ | 98.7 |

X
- Definition The entire disclosure for condensed financial statements. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 3 -Paragraph d -Subparagraph 4 -Subsection 10 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 3 -Paragraph c -Subparagraph 4 -Subsection 10 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 12 -Paragraph a -Subsection 04 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 3 -Paragraph e -Subparagraph 4 -Subsection 10 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 3 -Paragraph f -Subparagraph 4 -Subsection 10 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e24072-122690 + Details
Name: | srt_CondensedFinancialStatementsTextBlock
Namespace Prefix: | srt_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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