Fair Value Measurements and Financial Instruments (Tables)

6 Months Ended

Jul. 29, 2017

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Fair Value of Assets and Liabilities Measured at Fair Value on Recurring Basis

The following table provides the fair value of our assets and liabilities measured at fair value on a recurring basis and recorded in our unaudited condensed consolidated balance sheets (in millions):



	July 29, 2017				July 30, 2016				January 28, 2017
	Level 2		Level 3		Level 2		Level 3		Level 2		Level 3
Assets
Foreign currency contracts
Other current assets	$	4.5	$	—	$	15.7	$	—	$	13.3	$	—
Other noncurrent assets	0.3		—		—		—		0.1		—
Company-owned life insurance⁽¹⁾	12.8		—		10.4		—		12.4		—
Total assets	$	17.6	$	—	$	26.1	$	—	$	25.8	$	—
Liabilities
Foreign currency contracts
Accrued liabilities	$	6.5	$	—	$	6.1	$	—	$	4.3	$	—
Other long-term liabilities	0.4		—		—		—		0.1		—
Nonqualified deferred compensation⁽²⁾	1.1		—		1.0		—		1.0		—
Contingent consideration⁽³⁾	—		43.2		—		—		—		43.2
Total liabilities	$	8.0	$	43.2	$	7.1	$	—	$	5.4	$	43.2

Gains and Losses on Derivative Instruments and Foreign Currency Transaction

Activity related to the trading of derivative instruments and the offsetting impact of related intercompany and foreign currency assets and liabilities recognized in selling, general and administrative expense is as follows (in millions):



	13 Weeks Ended						26 Weeks Ended
	July 29, 2017			July 30, 2016			July 29, 2017			July 30, 2016
(Losses) gains on the change in fair value of derivative instruments	$	(2.1	)	$	3.5		$	(10.1	)	$	5.5
Gains (losses) on the re-measurement of related intercompany loans and foreign currency assets and liabilities	4.2			(2.9		)	12.5			(3.4		)
Total	$	2.1		$	0.6		$	2.4		$	2.1