v3.26.1
DERIVATIVE FINANCIAL INSTRUMENTS (Tables)
 12 Months Ended
Feb. 01, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]
The following table summarizes the fair value and presentation of the Company’s derivative financial instruments in its Consolidated Balance Sheets:
AssetsLiabilities
 2025202420252024
(In millions)Other Current AssetsOther AssetsOther Current AssetsOther AssetsAccrued ExpensesOther LiabilitiesAccrued ExpensesOther Liabilities
Contracts designated as cash flow and net investment hedges:
Foreign currency forward contracts (inventory purchases)$1.5 $0.1 $41.0 $3.6 $22.0 $0.6 $0.6 $— 
Cross-currency swap contracts (net investment hedges)7.4 — 24.9 — — 44.0 — — 
Undesignated contracts:
Foreign currency forward contracts0.2 — 4.1 — 9.1 — 0.9 — 
Total$9.1 $0.1 $70.0 $3.6 $31.1 $44.6 $1.5 $— 
Schedule of Derivative Instruments, (Loss) Gain in Statement of Financial Performance [Table Text Block]
The following tables summarize the effect of the Company’s hedges designated as cash flow and net investment hedging instruments:
(Loss) Gain
Recognized in Other
Comprehensive Income (Loss)
(In millions)202520242023
Foreign currency forward contracts (inventory purchases)$(68.8)$49.2 $35.6 
Foreign currency borrowings (net investment hedges)(166.6)47.7 8.6 
Cross-currency swap contracts (net investment hedges)(57.1)26.8 8.3 
Total$(292.5)$123.7 $52.5 
Amount of Gain Reclassified from AOCL into Income, Consolidated Statements of Operations Location, and Total Amount of Consolidated Statements of Operations Line Item
Amount ReclassifiedLocationTotal Statements of Operations Amount
(In millions)202520242023202520242023
Foreign currency forward contracts (inventory purchases)$12.7 $24.1 $11.1 Cost of goods sold$3,801.6 $3,510.4 $3,854.5 
Cross-currency swap contracts (net investment hedges)7.7 7.0 3.2 Interest expense94.2 89.8 99.3 
Total$20.4 $31.1 $14.3 
Derivatives Not Designated as Hedging Instruments [Table Text Block]
The following table summarizes the effect of the Company’s undesignated contracts recognized in SG&A expenses in its Consolidated Statements of Operations:
(Loss) Gain Recognized in SG&A Expenses
(In millions)202520242023
Foreign currency forward contracts (1)
$(38.6)$12.9 $2.9