DERIVATIVE FINANCIAL INSTRUMENTS (Details) € in Millions, $ in Millions | 3 Months Ended | 6 Months Ended | | | | |
Aug. 04, 2024 USD ($) | Jul. 30, 2023 USD ($) | Aug. 04, 2024 USD ($) | Jul. 30, 2023 USD ($) | Aug. 04, 2024 EUR (€) | Apr. 25, 2024 USD ($) | Apr. 15, 2024 USD ($) | Feb. 04, 2024 USD ($) |
Derivative [Line Items] | | | | | | | | | |
Cost of goods sold | | $ 828.4 | $ 934.7 | $ 1,581.6 | $ 1,842.3 | | | | |
Selling, general and administrative expenses | | 1,083.3 | 1,138.5 | 2,100.6 | 2,202.5 | | | | |
Interest expense | | $ 22.8 | 25.9 | $ 46.1 | 51.2 | | | | |
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 | | $ 9.5 | 6.9 | $ 9.5 | 6.9 | | | | $ 21.5 |
Other Assets [Member] | | | | | | | | | |
Derivative [Line Items] | | | | | | | | | |
Derivative Asset, Fair Value, Gross Asset | | 0.2 | 0 | 0.2 | 0 | | | | 0.5 |
Accrued Expenses [Member] | | | | | | | | | |
Derivative [Line Items] | | | | | | | | | |
Derivative Liability, Fair Value, Gross Liability | | 6.5 | 26.1 | 6.5 | 26.1 | | | | 3.5 |
Other Liabilities [Member] | | | | | | | | | |
Derivative [Line Items] | | | | | | | | | |
Derivative Liability, Fair Value, Gross Liability | | 0.4 | 1.4 | 0.4 | 1.4 | | | | 1.7 |
Foreign Currency Forward Exchange Contracts [Member] | | | | | | | | | |
Derivative [Line Items] | | | | | | | | | |
Derivative, Notional Amount | | 1,345.5 | | 1,345.5 | | | | | |
Contracts designated as hedging instrument [Member] | Derivative Contract | | | | | | | | | |
Derivative [Line Items] | | | | | | | | | |
Other Comprehensive (Loss) Income, Designated Hedges, (Loss) Gain before Reclassification and Tax | | (23.1) | 1.7 | (10.3) | (8.9) | | | | |
Derivative Instruments, Gain Reclassified from AOCL into Income, Effective Portion, Net | | 8.1 | 5.4 | 15.5 | 10.2 | | | | |
Undesignated contracts [Member] | Foreign Currency Forward Exchange Contracts [Member] | Other Current Assets [Member] | | | | | | | | | |
Derivative [Line Items] | | | | | | | | | |
Derivative Asset, Fair Value, Gross Asset | | 1 | 0.2 | 1 | 0.2 | | | | 1.9 |
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 | | 4.6 | 4.3 | 4.6 | 4.3 | | | | 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 goods sold [Member] | Foreign Currency Forward Exchange Contracts (Inventory Purchases) [Member] | | | | | | | | | |
Derivative [Line Items] | | | | | | | | | |
Derivative Instruments, Net Gain Reclassification from AOCL to income, Estimated Net Amount to be Transferred | | $ 12.6 | | | | | | | |
Derivative Instruments, Net Gain Reclassification from AOCL to income, 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, Loss Recognized in Expense, Net | [1] | $ (3.6) | (1.8) | (2.2) | (2.8) | | | | |
Cash Flow Hedging [Member] | Contracts designated as hedging instrument [Member] | Foreign Currency Forward Exchange Contracts (Inventory Purchases) [Member] | | | | | | | | | |
Derivative [Line Items] | | | | | | | | | |
Other Comprehensive (Loss) Income, Cash Flow Hedge, (Loss) Gain, before Reclassification and Tax | | (3.5) | 5.6 | 3.9 | 8 | | | | |
Derivative Instruments, Gain Reclassified from AOCL into Income, Effective Portion, Net | | $ 6.3 | $ 5.4 | $ 12 | $ 10.2 | | | | |
Derivative Instrument, Gain Reclassified from AOCI into Income, Effective Portion, Statement of Income or Comprehensive Income [Extensible Enumeration] | | Cost of goods sold | Cost of goods sold | Cost of goods sold | Cost of goods sold | | | | |
Cash Flow Hedging [Member] | Contracts designated as hedging instrument [Member] | Foreign Currency Forward Exchange Contracts (Inventory Purchases) [Member] | Other Current Assets [Member] | | | | | | | | | |
Derivative [Line Items] | | | | | | | | | |
Derivative Asset, Fair Value, Gross Asset | | $ 7.4 | $ 6.7 | $ 7.4 | $ 6.7 | | | | 13.2 |
Cash Flow Hedging [Member] | Contracts designated as hedging instrument [Member] | Foreign Currency Forward Exchange Contracts (Inventory Purchases) [Member] | Other Assets [Member] | | | | | | | | | |
Derivative [Line Items] | | | | | | | | | |
Derivative Asset, Fair Value, Gross Asset | | 0.2 | 0 | 0.2 | 0 | | | | 0.5 |
Cash Flow Hedging [Member] | Contracts designated as hedging instrument [Member] | Foreign Currency Forward Exchange Contracts (Inventory Purchases) [Member] | Accrued Expenses [Member] | | | | | | | | | |
Derivative [Line Items] | | | | | | | | | |
Derivative Liability, Fair Value, Gross Liability | | 1.9 | 21.8 | 1.9 | 21.8 | | | | 2.4 |
Cash Flow Hedging [Member] | Contracts designated as hedging instrument [Member] | Foreign Currency Forward Exchange Contracts (Inventory Purchases) [Member] | Other Liabilities [Member] | | | | | | | | | |
Derivative [Line Items] | | | | | | | | | |
Derivative Liability, Fair Value, Gross Liability | | 0.4 | 1.4 | 0.4 | 1.4 | | | | 0.4 |
Net Investment Hedging [Member] | Contracts designated as hedging instrument [Member] | Euro Denominated Senior Notes | | | | | | | | | |
Derivative [Line Items] | | | | | | | | | |
Other Comprehensive (Loss) Income, Net Investment Hedge, (Loss) Gain, before Reclassification and Tax | | (16.8) | (3.9) | (13.7) | (16.9) | | | | |
Long-term Debt, Fair Value | | 1,234 | 1,199.1 | 1,234 | 1,199.1 | | | | 1,201.6 |
Long-term Debt, Carrying Amount | | 1,218.9 | 1,233.6 | 1,218.9 | 1,233.6 | | | | 1,209.4 |
Net Investment Hedging [Member] | Contracts designated as hedging instrument [Member] | Currency Swap | | | | | | | | | |
Derivative [Line Items] | | | | | | | | | |
Derivative, Notional Amount | € | | | | | | € 457.2 | | | |
Other Comprehensive (Loss) Income, Net Investment Hedge, (Loss) Gain, before Reclassification and Tax | | (2.8) | 0 | (0.5) | 0 | | | | |
Derivative Instruments, Gain Reclassified from AOCL into Income, Effective Portion, Net | | $ 1.8 | $ 0 | $ 3.5 | $ 0 | | | | |
Derivative Instrument, Gain Reclassified from AOCI into Income, Effective Portion, Statement of Income or Comprehensive Income [Extensible Enumeration] | | Interest expense | Interest expense | Interest expense | Interest expense | | | | |
Net Investment Hedging [Member] | Contracts designated as hedging instrument [Member] | Currency Swap | Receive Fixed Interest Rate Member | | | | | | | | | |
Derivative [Line Items] | | | | | | | | | |
Derivative, Average Fixed Interest Rate | | 1.405% | | 1.405% | | 1.405% | | | |
Net Investment Hedging [Member] | Contracts designated as hedging instrument [Member] | Currency Swap | Pay Fixed Interest Rate | | | | | | | | | |
Derivative [Line Items] | | | | | | | | | |
Derivative, Fixed Interest Rate | | 0% | | 0% | | 0% | | | |
Net Investment Hedging [Member] | Contracts designated as hedging instrument [Member] | Currency Swap | Other Current Assets [Member] | | | | | | | | | |
Derivative [Line Items] | | | | | | | | | |
Derivative Asset, Fair Value, Gross Asset | | $ 1.1 | $ 0 | $ 1.1 | $ 0 | | | | 6.4 |
Net Investment Hedging [Member] | Contracts designated as hedging instrument [Member] | Currency Swap | Other Assets [Member] | | | | | | | | | |
Derivative [Line Items] | | | | | | | | | |
Derivative Asset, Fair Value, Gross Asset | | 0 | 0 | 0 | 0 | | | | 0 |
Net Investment Hedging [Member] | Contracts designated as hedging instrument [Member] | Currency Swap | Accrued Expenses [Member] | | | | | | | | | |
Derivative [Line Items] | | | | | | | | | |
Derivative Liability, Fair Value, Gross Liability | | 0 | 0 | 0 | 0 | | | | 0 |
Net Investment Hedging [Member] | Contracts designated as hedging instrument [Member] | Currency Swap | Other Liabilities [Member] | | | | | | | | | |
Derivative [Line Items] | | | | | | | | | |
Derivative Liability, Fair Value, Gross Liability | | 0 | 0 | 0 | 0 | | | | 1.3 |
Senior notes due 2027 [Member] | | | | | | | | | |
Derivative [Line Items] | | | | | | | | | |
Debt instrument, face amount | € | | | | | | € 600 | | | |
Long-term Debt, Carrying Amount | [2] | $ 651.5 | 656.8 | $ 651.5 | 656.8 | | | | 643.7 |
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 | | |
Long-term Debt, Carrying Amount | [2] | $ 0 | 576.8 | $ 0 | 576.8 | | | | 565.7 |
Debt Instrument, Interest Rate, Stated Percentage | | 3.625% | | 3.625% | | 3.625% | | | |
Senior notes due 2025 | | | | | | | | | |
Derivative [Line Items] | | | | | | | | | |
Debt instrument, face amount | | $ 500 | | $ 500 | | | | | |
Long-term Debt, Carrying Amount | | $ 498.8 | 497.6 | $ 498.8 | 497.6 | | | | 498.2 |
Debt Instrument, Interest Rate, Stated Percentage | | 4.625% | | 4.625% | | 4.625% | | | |
Senior Notes Due 2029 | | | | | | | | | |
Derivative [Line Items] | | | | | | | | | |
Debt instrument, face amount | | | | | | € 525 | | $ 525 | |
Long-term Debt, Carrying Amount | [2] | $ 567.5 | $ 0 | $ 567.5 | $ 0 | | | | $ 0 |
Debt Instrument, Interest Rate, Stated Percentage | | 4.125% | | 4.125% | | 4.125% | | | |
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[1]Any gains and losses that are immediately recognized in earnings on such contracts are largely offset by the remeasurement of the underlying balances.[2]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. | |