DERIVATIVE FINANCIAL INSTRUMENTS (Details) € in Millions, $ in Millions | 3 Months Ended | 6 Months Ended | | |
Jul. 31, 2022 USD ($) | Aug. 01, 2021 USD ($) | Jul. 31, 2022 USD ($) | Aug. 01, 2021 USD ($) | Jul. 31, 2022 EUR (€) | Jan. 30, 2022 USD ($) |
Derivative [Line Items] | | | | | | | |
Cost of goods sold | | $ 912.5 | $ 979.6 | $ 1,796.5 | $ 1,829.8 | | |
Interest expense | | $ 21.8 | 27.3 | $ 44.8 | 57.8 | | |
Percentage of long-term debt at fixed interest rates | | 80% | | 80% | | 80% | |
Other Current Assets [Member] | | | | | | | |
Derivative [Line Items] | | | | | | | |
Derivative Asset, Fair Value, Gross Asset | | $ 91.2 | 17.5 | $ 91.2 | 17.5 | | $ 53.6 |
Other Assets [Member] | | | | | | | |
Derivative [Line Items] | | | | | | | |
Derivative Asset, Fair Value, Gross Asset | | 2.5 | 0.8 | 2.5 | 0.8 | | 2.7 |
Accrued Expenses [Member] | | | | | | | |
Derivative [Line Items] | | | | | | | |
Derivative Liability, Fair Value, Gross Liability | | 2.6 | 6.6 | 2.6 | 6.6 | | 1.7 |
Other Liabilities [Member] | | | | | | | |
Derivative [Line Items] | | | | | | | |
Derivative Liability, Fair Value, Gross Liability | | 0.1 | 0.8 | 0.1 | 0.8 | | 0 |
Foreign Currency Forward Exchange Contracts [Member] | | | | | | | |
Derivative [Line Items] | | | | | | | |
Derivative, Notional Amount | | 1,400.6 | | 1,400.6 | | | |
Net Investment Hedging [Member] | | | | | | | |
Derivative [Line Items] | | | | | | | |
Long-term Debt, Fair Value | | 1,147.8 | 1,500.5 | 1,147.8 | 1,500.5 | | 1,361.7 |
Long-term Debt, Carrying Amount | | 1,139.6 | 1,326.1 | 1,139.6 | 1,326.1 | | 1,243.4 |
Undesignated contracts [Member] | Foreign Currency Forward Exchange Contracts [Member] | Other Current Assets [Member] | | | | | | | |
Derivative [Line Items] | | | | | | | |
Derivative Asset, Fair Value, Gross Asset | | 6.7 | 4 | 6.7 | 4 | | 5.6 |
Undesignated contracts [Member] | Foreign Currency Forward Exchange Contracts [Member] | Other Assets [Member] | | | | | | | |
Derivative [Line Items] | | | | | | | |
Derivative Asset, Fair Value, Gross Asset | | 0 | 0 | 0 | 0 | | 0 |
Undesignated contracts [Member] | Foreign Currency Forward Exchange Contracts [Member] | Accrued Expenses [Member] | | | | | | | |
Derivative [Line Items] | | | | | | | |
Derivative Liability, Fair Value, Gross Liability | | 1.5 | 0.6 | 1.5 | 0.6 | | 1.1 |
Undesignated contracts [Member] | Foreign Currency Forward Exchange Contracts [Member] | Other Liabilities [Member] | | | | | | | |
Derivative [Line Items] | | | | | | | |
Derivative Liability, Fair Value, Gross Liability | | 0 | 0 | 0 | 0 | | 0 |
Cost of Sales [Member] | Foreign Exchange Forward Inventory Purchases [Member] | | | | | | | |
Derivative [Line Items] | | | | | | | |
Derivative Instruments, Net Gain Reclassification from AOCL to expense, Estimated Net Amount to be Transferred | | $ 91.3 | | | | | |
Derivative Instruments, Net Gain Reclassification from AOCL to expense, Estimate of Time to Transfer | | 12 months | | | | | |
Selling, General and Administrative Expenses [Member] | Undesignated contracts [Member] | Foreign Currency Forward Exchange Contracts [Member] | | | | | | | |
Derivative [Line Items] | | | | | | | |
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss) Recognized in Income (Expense), Net | | $ 12.5 | 1.4 | 26.6 | (2.2) | | |
Cash Flow Hedging [Member] | Contracts designated as cash flow hedges [Member] | | | | | | | |
Derivative [Line Items] | | | | | | | |
Derivative Instruments, (Loss) Gain Reclassified from AOCL into (Expense) Income, Effective Portion, Net | | 5.2 | 5 | 3.7 | 5.9 | | |
Cash Flow Hedging [Member] | Contracts designated as cash flow hedges [Member] | Other Current Assets [Member] | | | | | | | |
Derivative [Line Items] | | | | | | | |
Derivative Asset, Fair Value, Gross Asset | | 84.5 | 13.5 | 84.5 | 13.5 | | 48 |
Cash Flow Hedging [Member] | Contracts designated as cash flow hedges [Member] | Other Assets [Member] | | | | | | | |
Derivative [Line Items] | | | | | | | |
Derivative Asset, Fair Value, Gross Asset | | 2.5 | 0.8 | 2.5 | 0.8 | | 2.7 |
Cash Flow Hedging [Member] | Contracts designated as cash flow hedges [Member] | Accrued Expenses [Member] | | | | | | | |
Derivative [Line Items] | | | | | | | |
Derivative Liability, Fair Value, Gross Liability | | 1.1 | 6 | 1.1 | 6 | | 0.6 |
Cash Flow Hedging [Member] | Contracts designated as cash flow hedges [Member] | Other Liabilities [Member] | | | | | | | |
Derivative [Line Items] | | | | | | | |
Derivative Liability, Fair Value, Gross Liability | | 0.1 | 0.8 | 0.1 | 0.8 | | 0 |
Cash Flow Hedging [Member] | Contracts designated as cash flow hedges [Member] | Foreign Exchange Forward Inventory Purchases [Member] | | | | | | | |
Derivative [Line Items] | | | | | | | |
Other Comprehensive Income, Cash Flow Hedge, Gain, before Reclassification and Tax | | 12.5 | 54.6 | 45.8 | 64.8 | | |
Derivative Instruments, (Loss) Gain Reclassified from AOCL into (Expense) Income, Effective Portion, Net | | $ 5.2 | $ 5.8 | $ 3.7 | $ 7.8 | | |
Derivative Instruments, (Loss) Gain Reclassified from AOCL into (Expense) Income, Statement of Operations Line Item | | Cost of goods sold | Cost of goods sold | Cost of goods sold | Cost of goods sold | | |
Cash Flow Hedging [Member] | Contracts designated as cash flow hedges [Member] | Foreign Exchange Forward Inventory Purchases [Member] | Other Current Assets [Member] | | | | | | | |
Derivative [Line Items] | | | | | | | |
Derivative Asset, Fair Value, Gross Asset | | $ 84.5 | $ 13.5 | $ 84.5 | $ 13.5 | | 48 |
Cash Flow Hedging [Member] | Contracts designated as cash flow hedges [Member] | Foreign Exchange Forward Inventory Purchases [Member] | Other Assets [Member] | | | | | | | |
Derivative [Line Items] | | | | | | | |
Derivative Asset, Fair Value, Gross Asset | | 2.5 | 0.8 | 2.5 | 0.8 | | 2.7 |
Cash Flow Hedging [Member] | Contracts designated as cash flow hedges [Member] | Foreign Exchange Forward Inventory Purchases [Member] | Accrued Expenses [Member] | | | | | | | |
Derivative [Line Items] | | | | | | | |
Derivative Liability, Fair Value, Gross Liability | | 1.1 | 4 | 1.1 | 4 | | 0.6 |
Cash Flow Hedging [Member] | Contracts designated as cash flow hedges [Member] | Foreign Exchange Forward Inventory Purchases [Member] | Other Liabilities [Member] | | | | | | | |
Derivative [Line Items] | | | | | | | |
Derivative Liability, Fair Value, Gross Liability | | 0.1 | 0.1 | 0.1 | 0.1 | | 0 |
Cash Flow Hedging [Member] | Contracts designated as cash flow hedges [Member] | Interest Rate Swap [Member] | | | | | | | |
Derivative [Line Items] | | | | | | | |
Other Comprehensive Income, Cash Flow Hedge, Gain, before Reclassification and Tax | | 0 | (0.1) | 0 | 0.1 | | |
Derivative Instruments, (Loss) Gain Reclassified from AOCL into (Expense) Income, Effective Portion, Net | | $ 0 | $ (0.8) | $ 0 | $ (1.9) | | |
Derivative Instruments, (Loss) Gain Reclassified from AOCL into (Expense) Income, Statement of Operations Line Item | | Interest expense | Interest expense | Interest expense | Interest expense | | |
Cash Flow Hedging [Member] | Contracts designated as cash flow hedges [Member] | Interest Rate Swap [Member] | Other Current Assets [Member] | | | | | | | |
Derivative [Line Items] | | | | | | | |
Derivative Asset, Fair Value, Gross Asset | | $ 0 | $ 0 | $ 0 | $ 0 | | 0 |
Cash Flow Hedging [Member] | Contracts designated as cash flow hedges [Member] | Interest Rate Swap [Member] | Other Assets [Member] | | | | | | | |
Derivative [Line Items] | | | | | | | |
Derivative Asset, Fair Value, Gross Asset | | 0 | 0 | 0 | 0 | | 0 |
Cash Flow Hedging [Member] | Contracts designated as cash flow hedges [Member] | Interest Rate Swap [Member] | Accrued Expenses [Member] | | | | | | | |
Derivative [Line Items] | | | | | | | |
Derivative Liability, Fair Value, Gross Liability | | 0 | 2 | 0 | 2 | | 0 |
Cash Flow Hedging [Member] | Contracts designated as cash flow hedges [Member] | Interest Rate Swap [Member] | Other Liabilities [Member] | | | | | | | |
Derivative [Line Items] | | | | | | | |
Derivative Liability, Fair Value, Gross Liability | | 0 | 0.7 | 0 | 0.7 | | 0 |
Cash Flow Hedging [Member] | Contracts designated as cash flow hedges [Member] | Net Investment Hedging [Member] | | | | | | | |
Derivative [Line Items] | | | | | | | |
Other Comprehensive Income, Net Investment Hedge, Gain, before Reclassification and Tax | | 38.2 | 21.3 | 105 | 27.3 | | |
Cash Flow Hedging [Member] | Contracts designated as cash flow hedges [Member] | Derivative Contract | | | | | | | |
Derivative [Line Items] | | | | | | | |
Other comprehensive income designated hedges before reclassifications and tax | | 50.7 | 75.8 | 150.8 | 92.2 | | |
Senior notes due 2027 [Member] | | | | | | | |
Derivative [Line Items] | | | | | | | |
Debt instrument, face amount | € | | | | | | € 600 | |
Long-term Debt, Carrying Amount | [1] | $ 607.1 | 706.9 | $ 607.1 | 706.9 | | 662.6 |
Debt Instrument, Interest Rate, Stated Percentage | | 3.125% | | 3.125% | | 3.125% | |
Senior notes due 2024 [Member] | | | | | | | |
Derivative [Line Items] | | | | | | | |
Debt instrument, face amount | | $ 525 | | $ 525 | | € 525 | |
Long-term Debt, Carrying Amount | [1] | $ 532.5 | $ 619.2 | $ 532.5 | $ 619.2 | | $ 580.8 |
Debt Instrument, Interest Rate, Stated Percentage | | 3.625% | | 3.625% | | 3.625% | |
| |
[1]The carrying amount of the euro-denominated Term Loan A facility and the senior unsecured euro notes includes the impact of changes in the exchange rate of the United States dollar against the euro. | |