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Fair value measurement (Tables)

12 Months Ended

Feb. 03, 2024

Fair Value Disclosures [Abstract]

Schedule of Methods to Determine Fair Value on Instrument-Specific Basis

The methods Signet uses to determine fair value on an instrument-specific basis are detailed below:

			February 3, 2024																		January 28, 2023
(in millions)			Carrying Value						Level 1						Level 2						Carrying Value						Level 1						Level 2
Assets:
US Treasury securities			$	5.3					$	5.3					$	—					$	5.7					$	5.7					$	—
Foreign currency contracts			0.1						—						0.1						0.1						—						0.1
US government agency securities			0.5						—						0.5						0.5						—						0.5
Corporate bonds and notes			2.0						—						2.0						3.4						—						3.4
Total assets			$	7.9					$	5.3					$	2.6					$	9.7					$	5.7					$	4.0
Liabilities:
Foreign currency contracts			$	(0.3)					$	—					$	(0.3)					$	(0.7)					$	—					$	(0.7)
Total liabilities			$	(0.3)					$	—					$	(0.3)					$	(0.7)					$	—					$	(0.7)

Schedule of Carrying Amount and Fair Value of Outstanding Debt

The following table provides a summary of the carrying amount and fair value of outstanding debt:

			February 3, 2024												January 28, 2023
(in millions)			Carrying Value						Fair Value						Carrying Value						Fair Value
4.70% Senior unsecured notes due in June 2024 (Level 2)			$	147.7					$	146.3					$	147.4					$	144.9

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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://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482106/820-10-50-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 11
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482907/825-10-50-11

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- References

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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.

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