CONDENSED CONSOLIDATING FINANCIAL INFORMATION (Tables)

v3.4.0.3

CONDENSED CONSOLIDATING FINANCIAL INFORMATION (Tables)	3 Months Ended
	Apr. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Condensed Statement of Comprehensive Income	Condensed Consolidating Statements of Comprehensive Income     13 Weeks ended April 30, 2016         Guarantor   Non-Guarantor   Consolidation   Consolidated (in millions)   Parent   Subsidiaries   Subsidiaries   Adjustments   Company Net sales   $ —   $ 5,033.4   $ 184.8   $ (132.4 )   $ 5,085.8 Cost of sales   —   3,489.8   160.6   (119.2 )   3,531.2 Gross profit   —   1,543.6   24.2   (13.2 )   1,554.6 Selling, general and administrative expenses   2.0   1,138.0   14.6   (18.7 )   1,135.9 Operating (loss) income   (2.0 )   405.6   9.6   5.5   418.7 Interest expense, net   72.9   16.3   (1.9 )   —   87.3 Other (income) expense, net   (5.7 )   (0.3 )   (0.1 )   5.9   (0.2 ) Income (loss) before income taxes   (69.2 )   389.6   11.6   (0.4 )   331.6 Provision for income taxes   (33.7 )   129.2   3.5   (0.1 )   98.9 Equity in earnings of subsidiaries   (268.5 )   (6.9 )   —   275.4   — Net income   233.0   267.3   8.1   (275.7 )   232.7 Other comprehensive income   8.9   2.7   8.9   (11.6 )   8.9 Comprehensive income   $ 241.9   $ 270.0   $ 17.0   $ (287.3 )   $ 241.6 Condensed Consolidating Statements of Comprehensive Income (Continued)     13 Weeks ended May 2, 2015         Guarantor   Non-Guarantor   Consolidation   Consolidated (in millions)   Parent   Subsidiaries   Subsidiaries   Adjustments   Company Net sales   $ —   $ 2,134.5   $ 42.4   $ (0.2 )   $ 2,176.7 Cost of sales   —   1,392.2   35.8   (0.2 )   1,427.8 Gross profit   —   742.3   6.6   —   748.9 Selling, general and administrative expenses   12.0   490.2   13.9   —   516.1 Operating (loss) income   (12.0 )   252.1   (7.3 )   —   232.8 Interest expense, net   111.0   11.2   0.1   (0.1 )   122.2 Other (income) expense, net   —   (3.1 )   0.4   0.1   (2.6 ) Income (loss) before income taxes   (123.0 )   244.0   (7.8 )   —   113.2 Provision for income taxes   (49.7 )   95.5   (2.1 )   —   43.7 Equity in earnings of subsidiaries   (142.8 )   —   —   142.8   — Net income (loss)   69.5   148.5   (5.7 )   (142.8 )   69.5 Other comprehensive income   5.5   —   5.5   (5.5 )   5.5 Comprehensive income   $ 75.0   $ 148.5   $ (0.2 )   $ (148.3 )   $ 75.0
Condensed Balance Sheet	Condensed Consolidated Balance Sheets     April 30, 2016         Guarantor   Non-Guarantor   Consolidating   Consolidated (in millions)   Parent   Subsidiaries   Subsidiaries   Adjustments   Company ASSETS                     Current assets:                     Cash and cash equivalents   $ —   $ 783.6   $ 151.0   $ (4.9 )   $ 929.7 Short-term investments   —   —   4.0   —   4.0 Merchandise inventories, net   —   2,872.0   49.9   7.6   2,929.5 Current deferred tax assets, net   —   —   8.1   (8.1 )   — Due from intercompany, net   38.8   505.3   102.8   (646.9 )   — Other current assets   0.4   313.2   —   (4.7 )   308.9 Total current assets   39.2   4,474.1   315.8   (657.0 )   4,172.1 Property, plant and equipment, net   —   3,114.9   38.3   —   3,153.2 Assets available for sale   —   11.7   —   —   11.7 Goodwill   —   4,993.1   31.8   —   5,024.9 Deferred tax assets, net   0.6   —   —   (0.6 )   — Favorable lease rights, net   —   543.9   —   —   543.9 Tradename   —   3,100.0   —   —   3,100.0 Other intangible assets, net   —   5.4   0.2   —   5.6 Investment in subsidiaries   8,667.9   104.0   —   (8,771.9 )   — Intercompany note receivable   1,526.4   —   188.8   (1,715.2 )   — Due from intercompany, net   1,923.4   —   —   (1,923.4 )   — Other assets   —   49.3   4.5   (4.3 )   49.5 Total assets   $ 12,157.5   $ 16,396.4   $ 579.4   $ (13,072.4 )   $ 16,060.9 LIABILITIES AND EQUITY                     Current liabilities:                     Current portion of long-term debt   $ 120.5   $ —   $ —   $ —   $ 120.5 Accounts payable   4.8   1,180.4   72.2   2.9   1,260.3 Due to intercompany, net   402.7   207.7   36.5   (646.9 )   — Other current liabilities   34.6   387.9   204.7   (5.1 )   622.1 Income taxes payable   32.7   4.4   9.1   —   46.2 Total current liabilities   595.3   1,780.4   322.5   (649.1 )   2,049.1 Long-term debt, net, excluding current portion   6,892.6   317.2   —   —   7,209.8 Unfavorable lease rights, net   —   142.9   —   —   142.9 Deferred tax liabilities, net   —   1,574.8   —   (8.6 )   1,566.2 Income taxes payable, long-term   —   71.1   —   —   71.1 Due to intercompany, net   —   1,923.4   —   (1,923.4 )   — Intercompany note payable   —   1,715.2   —   (1,715.2 )   — Other liabilities   —   347.5   8.9   (4.2 )   352.2 Total liabilities   7,487.9   7,872.5   331.4   (4,300.5 )   11,391.3 Shareholders' equity   4,669.6   8,523.9   248.0   (8,771.9 )   4,669.6 Total liabilities and equity   $ 12,157.5   $ 16,396.4   $ 579.4   $ (13,072.4 )   $ 16,060.9 Condensed Consolidating Balance Sheets (Continued)     January 30, 2016         Guarantor   Non-Guarantor   Consolidating   Consolidated (in millions)   Parent   Subsidiaries   Subsidiaries   Adjustments   Company ASSETS                     Current assets:                     Cash and cash equivalents   $ —   $ 636.9   $ 116.5   $ (17.3 )   $ 736.1 Short-term investments   —   —   4.0   —   4.0 Merchandise inventories, net   —   2,850.0   51.4   (15.9 )   2,885.5 Due from intercompany, net   262.2   548.3   186.4   (996.9 )   — Other current assets   1.0   308.7   0.6   —   310.3 Total current assets   263.2   4,343.9   358.9   (1,030.1 )   3,935.9 Property, plant and equipment, net   —   3,089.5   36.0   —   3,125.5 Assets available for sale   —   12.1   —   —   12.1 Goodwill   —   4,993.2   28.5   —   5,021.7 Deferred tax assets, net   0.5   —   9.6   (10.1 )   — Favorable lease rights, net   —   569.4   —   —   569.4 Tradename   —   3,100.0   —   —   3,100.0 Other intangible assets, net   —   5.5   0.3   —   5.8 Investment in subsidiaries   8,403.9   74.4   —   (8,478.3 )   — Intercompany note receivable   1,526.4   —   188.8   (1,715.2 )   — Due from intercompany, net   1,930.3   —   —   (1,930.3 )   — Other assets   —   130.6   4.6   (4.4 )   130.8 Total assets   $ 12,124.3   $ 16,318.6   $ 626.7   $ (13,168.4 )   $ 15,901.2 LIABILITIES AND EQUITY                     Current liabilities:                     Current portion of long-term debt   $ 108.0   $ —   $ —   $ —   $ 108.0 Accounts payable   17.5   1,136.3   131.2   (33.1 )   1,251.9 Due to intercompany, net   582.5   369.2   45.2   (996.9 )   — Other current liabilities   84.9   433.5   204.2   —   722.6 Income taxes payable   3.8   1.9   7.2   —   12.9 Total current liabilities   796.7   1,940.9   387.8   (1,030.0 )   2,095.4 Long-term debt, net, excluding current portion   6,920.7   317.7   —   —   7,238.4 Unfavorable lease rights, net   —   149.3   —   —   149.3 Deferred tax liabilities, net   —   1,596.7   —   (10.1 )   1,586.6 Due to intercompany, net   —   1,930.3   —   (1,930.3 )   — Intercompany note payable   —   1,715.2   —   (1,715.2 )   — Other liabilities   —   421.0   8.0   (4.4 )   424.6 Total liabilities   7,717.4   8,071.1   395.8   (4,690.0 )   11,494.3 Shareholders' equity   4,406.9   8,247.5   230.9   (8,478.4 )   4,406.9 Total liabilities and equity   $ 12,124.3   $ 16,318.6   $ 626.7   $ (13,168.4 )   $ 15,901.2 Condensed Consolidating Balance Sheets (Continued)     May 2, 2015         Guarantor   Non-Guarantor   Consolidating   Consolidated (in millions)   Parent   Subsidiaries   Subsidiaries   Adjustments   Company ASSETS                     Current assets:                     Cash and cash equivalents   $ 56.9   $ 809.8   $ 3.7   $ —   $ 870.4 Restricted cash   7,244.1   —   —   —   7,244.1 Merchandise inventories, net   —   1,056.1   37.4   —   1,093.5 Current deferred tax assets, net   4.1   15.6   0.1   —   19.8 Due from intercompany, net   134.8   7.2   —   (142.0 )   — Intercompany note receivable   5.0   —   —   (5.0 )   — Other current assets   0.4   103.3   5.2   (1.1 )   107.8 Total current assets   7,445.3   1,992.0   46.4   (148.1 )   9,335.6 Property, plant and equipment, net   —   1,182.6   43.4   —   1,226.0 Goodwill   —   133.3   32.8   —   166.1 Deferred tax assets, net   0.7   19.9   18.0   —   38.6 Favorable lease rights, net   —   0.2   —   —   0.2 Other intangible assets, net   —   0.2   0.9   —   1.1 Investment in subsidiaries   1,362.8   —   —   (1,362.8 )   — Intercompany note receivable   416.8   —   —   (416.8 )   — Other assets   —   101.4   0.2   —   101.6 Total assets   $ 9,225.6   $ 3,429.6   $ 141.7   $ (1,927.7 )   $ 10,869.2 LIABILITIES AND EQUITY                     Current liabilities:                     Intercompany note payable, current   $ —   $ —   $ 5.0   $ (5.0 )   $ — Accounts payable   2.2   504.9   9.6   (1.1 )   515.6 Due to intercompany, net   7.2   134.8   —   (142.0 )   — Other current liabilities   256.3   214.3   3.7   —   474.3 Income taxes payable   22.4   2.9   —   —   25.3 Total current liabilities   288.1   856.9   18.3   (148.1 )   1,015.2 Long-term debt, net, excluding current portion   7,066.7   753.0   —   —   7,819.7 Intercompany note payable   —   416.8   —   (416.8 )   — Other liabilities   —   154.4   9.1   —   163.5 Total liabilities   7,354.8   2,181.1   27.4   (564.9 )   8,998.4 Shareholders' equity   1,870.8   1,248.5   114.3   (1,362.8 )   1,870.8 Total liabilities and equity   $ 9,225.6   $ 3,429.6   $ 141.7   $ (1,927.7 )   $ 10,869.2
Condensed Cash Flow Statement	Condensed Consolidating Statements of Cash Flows     13 Weeks ended April 30, 2016         Guarantor   Non-Guarantor   Consolidating   Consolidated (in millions)   Parent   Subsidiaries   Subsidiaries   Adjustments   Company Net cash provided by operating activities   $ 24.8   $ 238.9   $ 34.9   $ 12.4   $ 311.0 Cash flows from investing activities:                     Capital expenditures   —   (175.3 )   (0.6 )   —   (175.9 ) Purchase of restricted investments   —   (36.1 )   —   —   (36.1 ) Proceeds from sale of restricted investments   —   118.1   —   —   118.1 Other   —   1.1   —   —   1.1 Net cash used in investing activities   —   (92.2 )   (0.6 )   —   (92.8 ) Cash flows from financing activities:                     Principal payments for long-term debt   (20.8 )   —   —   —   (20.8 ) Other   (4.0 )   —   —   —   (4.0 ) Net cash used in financing activities   (24.8 )   —   —   —   (24.8 ) Effect of exchange rate changes on cash and cash equivalents   —   —   0.2   —   0.2 Net increase in cash and cash equivalents   —   146.7   34.5   12.4   193.6 Cash and cash equivalents at beginning of period   —   636.9   116.5   (17.3 )   736.1 Cash and cash equivalents at end of period   $ —   $ 783.6   $ 151.0   $ (4.9 )   $ 929.7 Condensed Consolidating Statements of Cash Flows (continued)     13 Weeks ended May 2, 2015         Guarantor   Non-Guarantor   Consolidating   Consolidated (in millions)   Parent   Subsidiaries   Subsidiaries   Adjustments   Company Net cash provided by (used in) operating activities   $ (54.1 )   $ 210.6   $ (6.1 )   $ —   $ 150.4 Cash flows from investing activities:                     Capital expenditures   —   (65.1 )   (1.8 )   —   (66.9 ) Increase in restricted cash   (7,244.1 )   —   —   —   (7,244.1 ) Net cash used in investing activities   (7,244.1 )   (65.1 )   (1.8 )   —   (7,311.0 ) Cash flows from financing activities:                     Proceeds from long-term debt, net of discount   7,180.2   —   —   —   7,180.2 Net intercompany note activity   (5.0 )   —   5.0   —   — Debt-issuance costs   (5.2 )   —   —   —   (5.2 ) Cash paid for taxes on exercises/vesting of stock-based compensation   (20.6 )   —   —   —   (20.6 ) Other   12.2   —   —   —   12.2 Net cash provided by financing activities   7,161.6   —   5.0   —   7,166.6 Effect of exchange rate changes on cash and cash equivalents   —   —   0.3   —   0.3 Net (decrease) increase in cash and cash equivalents   (136.6 )   145.5   (2.6 )   —   6.3 Cash and cash equivalents at beginning of period   193.5   664.3   6.3   —   864.1 Cash and cash equivalents at end of period   $ 56.9   $ 809.8   $ 3.7   $ —   $ 870.4