Fair Value Measurements (Tables)

12 Months Ended

Jan. 28, 2023

The following tables presents our assets and liabilities measured at fair value on a recurring basis:


	January 28, 2023
		Adjusted Cost		Unrealized Gains		Unrealized Losses		Fair Value
Assets
Level 1:
U.S. government securities(1)		$	253.5	$	—	$	(0.9)	$	252.6
Level 2:
Foreign currency contracts(2)		—		—		—		—
Company-owned life insurance(3)		0.5		—		—		0.5
Total assets		$	254.0	$	—	$	(0.9)	$	253.1
Liabilities
Level 2:
Foreign currency contracts (4)		$	5.9	$	—	$	—	$	5.9
Nonqualified deferred compensation(4)		0.4		—		—		0.4
Total liabilities		$	6.3	$	—	$	—	$	6.3


	January 29, 2022
		Adjusted Cost		Unrealized Gains		Unrealized Losses		Fair Value
Assets
Level 1:
U.S. government securities(1)		$	—	$	—	$	—	$	—
Level 2:
Foreign currency contracts(2)		3.8		—		—		3.8
Company-owned life insurance(3)		0.6		—		—		0.6
Total assets		$	4.4	$	—	$	—	$	4.4
Liabilities
Level 2:
Foreign currency contracts (4)		$	0.4	$	—	$	—	$	0.4
Nonqualified deferred compensation(4)		0.6		—		—		0.6
Total liabilities		$	1.0	$	—	$	—	$	1.0

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(1) Recognized in cash and cash equivalents and marketable securities on our Consolidated Balance Sheets.

(2) Recognized in prepaid expenses and other current assets on our Consolidated Balance Sheets.

(3) Recognized in other noncurrent assets on our Consolidated Balance Sheets.

(4) Recognized in accrued liabilities and other current liabilities on our Consolidated Balance Sheets.