XML 57 R45.htm IDEA: XBRL DOCUMENT
v3.20.2

Fair value measurement (Tables) | 6 Months Ended
--- | ---
Aug. 01, 2020
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:
| August 1, 2020 |  |  |  |  |  | February 1, 2020 |  |  |  |  |  | August 3, 2019 |  |  |  |
(in millions) | Carrying Value |  | Level 1 |  | Level 2 |  | Carrying Value |  | Level 1 |  | Level 2 |  | Carrying Value |  | Level 1 |  | Level 2
Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
US Treasury securities | $ | 6.4 |  |  | $ | 6.4 |  |  | $ | — |  |  | $ | 7.2 |  |  | $ | 7.2 |  |  | $ | — |  |  | $ | 7.8 |  |  | $ | 7.8 |  |  | $ | — |
Corporate equity securities | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 3.2 |  |  | 3.2 |  |  | — |
Foreign currency contracts | 2.3 |  |  | — |  |  | 2.3 |  |  | 0.6 |  |  | — |  |  | 0.6 |  |  | 1.1 |  |  | — |  |  | 1.1 |
Commodity contracts | — |  |  | — |  |  | — |  |  | 11.8 |  |  | — |  |  | 11.8 |  |  | 9.9 |  |  | — |  |  | 9.9 |
US government agency securities | 3.7 |  |  | — |  |  | 3.7 |  |  | 4.7 |  |  | — |  |  | 4.7 |  |  | 5.8 |  |  | — |  |  | 5.8 |
Corporate bonds and notes | 7.6 |  |  | — |  |  | 7.6 |  |  | 8.5 |  |  | — |  |  | 8.5 |  |  | 9.4 |  |  | — |  |  | 9.4 |
Total assets | $ | 20.0 |  |  | $ | 6.4 |  |  | $ | 13.6 |  |  | $ | 32.8 |  |  | $ | 7.2 |  |  | $ | 25.6 |  |  | $ | 37.2 |  |  | $ | 11.0 |  |  | $ | 26.2 |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Foreign currency contracts | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | (0.9) |  |  | $ | — |  |  | $ | (0.9) |  |  | $ | (1.1) |  |  | $ | — |  |  | $ | (1.1) |
Total liabilities | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | (0.9) |  |  | $ | — |  |  | $ | (0.9) |  |  | $ | (1.1) |  |  | $ | — |  |  | $ | (1.1) |
Schedule of Carrying Values and Estimated Fair Values | The following table provides a summary of the carrying amount and fair value of outstanding debt:
| August 1, 2020 |  |  |  | February 1, 2020 |  |  |  | August 3, 2019 |  |
(in millions) | Carrying Value |  | Fair Value |  | Carrying Value |  | Fair Value |  | Carrying Value |  | Fair Value
Long-term debt: |  |  |  |  |  |  |  |  |  |  |
Senior notes (Level 2) | $ | 146.6 |  |  | $ | 107.2 |  |  | $ | 146.4 |  |  | $ | 144.8 |  |  | $ | 395.7 |  |  | $ | 349.2 |
Term loans (Level 2) | 99.5 |  |  | 100.0 |  |  | 99.5 |  |  | 100.0 |  |  | 275.7 |  |  | 277.1 |
Total | $ | 246.1 |  |  | $ | 207.2 |  |  | $ | 245.9 |  |  | $ | 244.8 |  |  | $ | 671.4 |  |  | $ | 626.3 |

X
- 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=121572278&loc=d3e13467-108611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueByBalanceSheetGroupingTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- 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
Name: | us-gaap_ScheduleOfCarryingValuesAndEstimatedFairValuesOfDebtInstrumentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration