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Restructuring plans (Tables) | 12 Months Ended
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Jan. 30, 2021
Restructuring and Related Activities [Abstract] |
Restructuring and Related Costs | Restructuring charges and other Plan related costs are classified in the consolidated statements of operations as follows:
(in millions) | Statement of operations location |  | Fiscal 2021 |  | Fiscal 2020 |  | Fiscal 2019
Inventory charges(1) | Restructuring charges - cost of sales |  | $ | 1.4 |  |  | $ | 9.2 |  |  | $ | 62.2 |
Other Plan related expenses(2) | Restructuring charges |  | 46.2 |  |  | 69.9 |  |  | 63.7 |
Total Signet Path to Brilliance Plan expenses |  |  | $ | 47.6 |  |  | $ | 79.1 |  |  | $ | 125.9 |
(1) Inventory charges represent non-cash charges. See Note 14 for additional information related to inventory and inventory reserves. (2) Fiscal 2021, Fiscal 2020, and Fiscal 2019 other Plan related expenses included $14.7 million, $16.7 million, and $22.7 million of non-cash charges, respectively. The composition of restructuring charges the Company incurred during Fiscal 2021, Fiscal 2020 and Fiscal 2019, as well as the cumulative amount incurred through January 30, 2021, were as follows:
(in millions) |  | Fiscal 2021 |  | Fiscal 2020 |  | Fiscal 2019 |  | Cumulative amount
Inventory charges |  | $ | 1.4 |  |  | $ | 9.2 |  |  | $ | 62.2 |  |  | $ | 72.8 |
Termination benefits |  | 24.1 |  |  | 16.1 |  |  | 9.7 |  |  | 49.9 |
Store closure and other costs |  | 22.1 |  |  | 53.8 |  |  | 54.0 |  |  | 129.9 |
Total Signet Path to Brilliance Plan expenses |  | $ | 47.6 |  |  | $ | 79.1 |  |  | $ | 125.9 |  |  | $ | 252.6 |
Schedule of Plan Liabilities | The following table summarizes the activity related to the Plan liabilities between periods:
(in millions) |  | Termination benefits |  | Store closure and other costs |  | Consolidated
Balance at February 3, 2018 |  | $ | — |  |  | $ | — |  |  | $ | — |
Payments and other adjustments |  | (9.7) |  |  | (103.6) |  |  | (113.3) |
Charged to expense |  | 9.7 |  |  | 116.2 |  |  | 125.9 |
Balance at February 2, 2019 |  | — |  |  | 12.6 |  |  | 12.6 |
Payments and other adjustments |  | (14.1) |  |  | (65.2) |  |  | (79.3) |
Charged to expense |  | 16.1 |  |  | 63.0 |  |  | 79.1 |
Balance at February 1, 2020 |  | 2.0 |  |  | 10.4 |  |  | 12.4 |
Payments and other adjustments |  | (24.0) |  |  | (25.8) |  |  | (49.8) |
Charged to expense |  | 24.1 |  |  | 23.5 |  |  | 47.6 |
Balance at January 30, 2021 |  | $ | 2.1 |  |  | $ | 8.1 |  |  | $ | 10.2 |

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- Definition Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 5.P.3) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140864-122747 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 5.P.4) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 + Details
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- Definition Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(b)(2)) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 + Details
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