CONDENSED CONSOLIDATING FINANCIAL INFORMATION (Tables)

v3.7.0.1

CONDENSED CONSOLIDATING FINANCIAL INFORMATION (Tables)	3 Months Ended
	Apr. 29, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Condensed Statement of Comprehensive Income	Condensed Consolidating Statements of Comprehensive Income     13 Weeks Ended April 29, 2017         Guarantor   Non-Guarantor   Consolidation   Consolidated (in millions)   Parent   Subsidiaries   Subsidiaries   Adjustments   Company Net sales   $ —   $ 5,247.4   $ 68.7   $ (29.0 )   $ 5,287.1 Cost of sales   —   3,631.7   39.1   (10.8 )   3,660.0 Gross profit   —   1,615.7   29.6   (18.2 )   1,627.1 Selling, general and administrative    expenses   1.4   1,222.0   33.0   (18.1 )   1,238.3 Operating income (loss)   (1.4 )   393.7   (3.4 )   (0.1 )   388.8 Interest expense (income), net   57.5   19.1   (1.9 )   —   74.7 Other (income) expense, net   —   —   0.3   —   0.3 Income (loss) before income taxes   (58.9 )   374.6   (1.8 )   (0.1 )   313.8 Income tax expense (benefit)   (27.4 )   140.2   0.5   —   113.3 Equity in earnings of subsidiaries   (232.0 )   0.1   —   231.9   — Net income   200.5   234.3   (2.3 )   (232.0 )   200.5 Other comprehensive loss   (3.0 )   (0.9 )   (3.0 )   3.9   (3.0 ) Comprehensive income   $ 197.5   $ 233.4   $ (5.3 )   $ (228.1 )   $ 197.5     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 income (loss)   (2.0 )   405.6   9.6   5.5   418.7 Interest expense (income), net   72.9   16.3   (1.9 )   —   87.3 Other income, 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 Income tax expense (benefit)   (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 Balance Sheet	Condensed Consolidating Balance Sheets     April 29, 2017         Guarantor   Non-Guarantor   Consolidating   Consolidated (in millions)   Parent   Subsidiaries   Subsidiaries   Adjustments   Company ASSETS                     Current assets:                     Cash and cash equivalents   $ 468.4   $ 519.1   $ 167.4   $ —   $ 1,154.9 Short-term investments   —   —   4.0   —   4.0 Merchandise inventories, net   —   2,838.8   41.2   (1.6 )   2,878.4 Current deferred tax assets, net   —   (8.2 )   8.2   —   — Due from intercompany, net   90.2   1,081.6   18.2   (1,190.0 )   — Other current assets   0.7   234.1   4.3   1.7   240.8 Total current assets   559.3   4,665.4   243.3   (1,189.9 )   4,278.1 Property, plant and equipment, net   —   3,066.6   27.3   —   3,093.9 Assets available for sale   —   10.6   —   —   10.6 Goodwill   —   4,993.1   29.3   —   5,022.4 Favorable lease rights, net   —   443.4   —   —   443.4 Tradename intangible asset   —   3,100.0   —   —   3,100.0 Other intangible assets, net   —   5.0   —   —   5.0 Investment in subsidiaries   8,873.4   105.4   —   (8,978.8 )   — Intercompany note receivable   1,926.4   —   188.8   (2,115.2 )   — Due from intercompany, net   1,215.9   —   —   (1,215.9 )   — Other assets   —   41.1   3.2   (3.0 )   41.3 Total assets   $ 12,575.0   $ 16,430.6   $ 491.9   $ (13,502.8 )   $ 15,994.7 LIABILITIES AND EQUITY                     Current liabilities:                     Current portion of long-term debt   $ 165.9   $ —   $ —   $ —   $ 165.9 Accounts payable   —   1,213.9   10.0   —   1,223.9 Due to intercompany, net   878.7   277.6   33.7   (1,190.0 )   — Other current liabilities   13.1   405.1   211.3   —   629.5 Income taxes payable   90.5   130.6   0.2   —   221.3 Total current liabilities   1,148.2   2,027.2   255.2   (1,190.0 )   2,240.6 Long-term debt, net, excluding    current portion   5,815.9   315.8   —   —   6,131.7 Unfavorable lease rights, net   —   117.6   —   —   117.6 Deferred tax liabilities, net   1.9   1,431.7   —   —   1,433.6 Income taxes payable, long-term   —   71.8   —   —   71.8 Due to intercompany, net   —   1,215.9   —   (1,215.9 )   — Intercompany note payable   —   2,115.2   —   (2,115.2 )   — Other liabilities   —   385.5   7.8   (2.9 )   390.4 Total liabilities   6,966.0   7,680.7   263.0   (4,524.0 )   10,385.7 Shareholders' equity   5,609.0   8,749.9   228.9   (8,978.8 )   5,609.0 Total liabilities and equity   $ 12,575.0   $ 16,430.6   $ 491.9   $ (13,502.8 )   $ 15,994.7 Condensed Consolidating Balance Sheets (Continued)     January 28, 2017         Guarantor   Non-Guarantor   Consolidating   Consolidated (in millions)   Parent   Subsidiaries   Subsidiaries   Adjustments   Company ASSETS                     Current assets:                     Cash and cash equivalents   $ 562.4   $ 139.2   $ 164.8   $ —   $ 866.4 Short-term investments   —   —   4.0   —   4.0 Merchandise inventories, net   —   2,826.3   41.2   (1.7 )   2,865.8 Current deferred tax assets, net   —   (9.3 )   9.3   —   — Due from intercompany, net   58.7   1,041.5   42.8   (1,143.0 )   — Other current assets   0.5   198.7   2.3   0.3   201.8 Total current assets   621.6   4,196.4   264.4   (1,144.4 )   3,938.0 Property, plant and equipment, net   —   3,085.3   30.5   —   3,115.8 Assets available for sale   —   9.0   —   —   9.0 Goodwill   —   4,993.1   30.4   —   5,023.5 Favorable lease rights, net   —   468.6   —   —   468.6 Tradename intangible asset   —   3,100.0   —   —   3,100.0 Other intangible assets, net   —   5.1   —   —   5.1 Investment in subsidiaries   8,640.1   106.6   —   (8,746.7 )   — Intercompany note receivable   1,926.4   —   188.8   (2,115.2 )   — Due from intercompany, net   1,243.8   —   —   (1,243.8 )   — Other assets   —   41.3   3.3   (3.0 )   41.6 Total assets   $ 12,431.9   $ 16,005.4   $ 517.4   $ (13,253.1 )   $ 15,701.6 LIABILITIES AND EQUITY                     Current liabilities:                     Current portion of long-term debt   $ 152.1   $ —   $ —   $ —   $ 152.1 Accounts payable   —   1,105.9   14.7   (1.0 )   1,119.6 Due to intercompany, net   969.6   121.5   51.9   (1,143.0 )   — Other current liabilities   66.4   470.5   207.3   —   744.2 Income taxes payable   (1.9 )   91.0   0.9   —   90.0 Total current liabilities   1,186.2   1,788.9   274.8   (1,144.0 )   2,105.9 Long-term debt, net, excluding    current portion   5,853.9   315.8   —   —   6,169.7 Unfavorable lease rights, net   —   124.0   —   —   124.0 Deferred tax liabilities, net   2.0   1,456.9   —   —   1,458.9 Income taxes payable, long-term   —   71.2   —   —   71.2 Due to intercompany, net   —   1,243.8   —   (1,243.8 )   — Intercompany note payable   —   2,115.2   —   (2,115.2 )   — Other liabilities   —   377.5   8.1   (3.2 )   382.4 Total liabilities   7,042.1   7,493.3   282.9   (4,506.2 )   10,312.1 Shareholders' equity   5,389.8   8,512.1   234.5   (8,746.9 )   5,389.5 Total liabilities and equity   $ 12,431.9   $ 16,005.4   $ 517.4   $ (13,253.1 )   $ 15,701.6 Condensed Consolidating Balance Sheets (Continued)     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 intangible asset   —   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 Cash Flow Statement	Condensed Consolidating Statements of Cash Flows     13 Weeks Ended April 29, 2017         Guarantor   Non-Guarantor   Consolidating   Consolidated (in millions)   Parent   Subsidiaries   Subsidiaries   Adjustments   Company Net cash provided by (used in) operating    activities   $ (60.4 )   $ 515.5   $ 3.4   $ (27.8 )   $ 430.7 Cash flows from investing activities:                     Capital expenditures   —   (110.0 )   (0.3 )   —   (110.3 ) Other   —   2.2   —   —   2.2 Net cash used in investing activities   —   (107.8 )   (0.3 )   —   (108.1 ) Cash flows from financing activities:                     Principal payments for long-term debt   (27.8 )   —   —   —   (27.8 ) Dividends paid   —   (27.8 )   —   27.8   — Proceeds from stock issued pursuant to    stock-based compensation plans   11.8   —   —   —   11.8 Cash paid for taxes on exercises/vesting of    stock-based compensation   (17.6 )   —   —   —   (17.6 ) Net cash provided by (used in)    financing activities   (33.6 )   (27.8 )   —   27.8   (33.6 ) Effect of exchange rate changes on cash and    cash equivalents   —   —   (0.5 )     (0.5 ) Net (decrease) increase in cash and cash    equivalents   (94.0 )   379.9   2.6   —   288.5 Cash and cash equivalents at beginning of    period   562.4   139.2   164.8   —   866.4 Cash and cash equivalents at end of period   $ 468.4   $ 519.1   $ 167.4   $ —   $ 1,154.9 Condensed Consolidating Statements of Cash Flows (continued)     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