Annual report pursuant to Section 13 and 15(d)

INCOME TAXES (Details)

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INCOME TAXES (Details) - USD ($)
$ in Millions
12 Months Ended
Feb. 02, 2019
Feb. 03, 2018
Jan. 28, 2017
Income Tax Expense (Benefit), Intraperiod Tax Allocation      
Income from continuing operations $ 281.8 $ (10.3) $ 433.2
Income tax provision (benefit)      
Federal 245.6 439.3 480.5
State 47.8 23.8 79.5
Foreign 0.4 0.3 0.8
Total current taxes 293.8 463.4 560.8
Federal 0.3 (456.0) (37.7)
State (12.3) (17.7) (89.9)
Total deferred taxes $ (12.0) $ (473.7) $ (127.6)
Federal Statutory Tax Rate Reconciliation      
Statutory U.S. federal income tax (benefit) rate 21.00% 33.70% 35.00%
Effect of:      
Goodwill impairment 43.70% 0.00% 0.00%
State and local income taxes, net of federal income tax benefit 3.00% 2.50% 3.00%
Work Opportunity Tax Credit (2.00%) (1.30%) (1.60%)
State tax election 0.00% 0.00% (1.40%)
Deferred tax rate change 0.00% (0.60%) (1.60%)
Incremental tax expense (benefit) of exercises/vesting of equity-based compensation 0.10% (0.80%) (0.60%)
Change in valuation allowance 0.30% (0.10%) 0.10%
Tax Cuts and Jobs Act (1.30%) (33.00%) (0.00%)
Other, net (1.30%) (1.00%) (0.30%)
Effective tax (benefit) rate 21.50% (0.60%) 32.60%
Deferred tax assets:      
Deferred rent $ 44.3 $ 42.7  
Accrued expenses 18.0 17.8  
Net operating losses, interest expense and credit carryforwards 90.7 75.6  
Accrued compensation expense 31.6 23.2  
State tax election 20.9 22.8  
Other 3.0 0.0  
Total deferred tax assets 208.5 182.1  
Valuation allowance (42.6) (38.6)  
Deferred tax assets, net 165.9 143.5  
Deferred tax liabilities:      
Property and equipment (235.5) (218.5)  
Other intangibles (864.0) (880.5)  
Prepaids (21.8) 0.0  
Other 0.0 2.6  
Inventory (17.8) (27.1)  
Total deferred tax liabilities (1,139.1) (1,128.7)  
Deferred income taxes, net (973.2) (985.2)  
Income Tax Uncertainties      
Operating Loss Carryforward, Credit Carryforward And Capital Loss Carryforward 90.7    
Valuation allowance $ 42.6 38.6  
Number of prior years of taxable income used to assess the deductibility of carrybacks 2 years    
Unrecognized tax benefits that, if recognized, would affect the effective tax rate $ 29.6    
Reconciliation of Unrecognized Tax Benefits [Roll Forward]      
Beginning Balance 43.8 71.2  
Additions, based on tax positions related to current year 4.6 2.5  
Additions for tax positions of prior years 4.5 9.8  
Reductions for tax positions of prior years 0.0 (31.7)  
Settlements (2.2) (2.9)  
Lapses in statutes of limitation (15.3) (5.1)  
Ending balance $ 35.4 $ 43.8 $ 71.2