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Inventories (Tables) | 12 Months Ended
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Jan. 30, 2021
Inventory Disclosure [Abstract] |
Summary of Inventory | The following table summarizes the details of the Company’s inventory:
(in millions) | January 30, 2021 |  | February 1, 2020
Raw materials | $ | 45.3 |  |  | $ | 56.2 |
Finished goods | 1,987.2 |  |  | 2,275.5 |
Total inventories | $ | 2,032.5 |  |  | $ | 2,331.7 |
Schedule of Inventory Reserves | Inventory reserves
(in millions) | Fiscal 2021 |  | Fiscal 2020 |  | Fiscal 2019
Inventory reserve, beginning of period | $ | 67.0 |  |  | $ | 95.3 |  |  | $ | 40.6 |
Charged to income(1) | 78.1 |  |  | 80.2 |  |  | 131.4 |
Utilization(2) | (92.2) |  |  | (108.5) |  |  | (76.7) |
Inventory reserve, end of period(3) | $ | 52.9 |  |  | $ | 67.0 |  |  | $ | 95.3 |
(1) Includes $1.4 million in Fiscal 2021, $9.2 million in Fiscal 2020, and $62.2 million in Fiscal 2019 for inventory charges associated with the Company’s restructuring plan. The charges were primarily associated with discontinued brands and collections within the restructuring - cost of sales line item on the consolidated statements of operations. See Note 6 for additional information. (2) Includes the impact of foreign exchange translation between opening and closing balance sheet dates, as well as $20.0 million in Fiscal 2021, $40.0 million in Fiscal 2020, and $10.6 million in Fiscal 2019 utilized for inventory identified as part of the Company’s restructuring plan. See Note 6 for additional information. (3) Includes $2.2 million for Fiscal 2021, $20.8 million in Fiscal 2020, and $51.6 million in Fiscal 2019 for inventory identified as part of the Company’s restructuring plan. See Note 6 for additional information.

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