CONDENSED CONSOLIDATING FINANCIAL INFORMATION (Condensed Consolidating Statements of Comprehensive Income)(Details) - USD ($) $ in Millions |
3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Oct. 28, 2017 |
Oct. 29, 2016 |
Oct. 28, 2017 |
Oct. 29, 2016 |
|
Net sales | $ 5,316.6 | $ 5,001.6 | $ 15,884.9 | $ 15,083.7 |
Cost of sales | 3,650.6 | 3,481.1 | 10,964.0 | 10,496.3 |
Gross profit | 1,666.0 | 1,520.5 | 4,920.9 | 4,587.4 |
Selling, general and administrative expenses, excluding Receivable impairment | 1,240.8 | 1,178.1 | 3,687.4 | 3,469.1 |
Operating income (loss) | 425.2 | 342.4 | 1,233.5 | 1,118.3 |
Interest expense (income), net | 69.7 | 112.1 | 220.2 | 286.7 |
Other (income) expense, net | 0.4 | 0.1 | 0.8 | (0.1) |
Income (loss) before income taxes | 355.1 | 230.2 | 1,012.5 | 831.7 |
Income tax expense | 115.2 | 58.6 | 338.3 | 257.3 |
Equity in earnings of subsidiaries | 0.0 | 0.0 | 0.0 | 0.0 |
Net income (loss) | 239.9 | 171.6 | 674.2 | 574.4 |
Other comprehensive loss | (2.7) | (2.4) | 2.3 | 4.2 |
Total comprehensive income | 237.2 | 169.2 | 676.5 | 578.6 |
Consolidation Adjustments | ||||
Net sales | (37.1) | (153.1) | (95.6) | (471.3) |
Cost of sales | (18.7) | (99.4) | (41.0) | (413.6) |
Gross profit | (18.4) | (53.7) | (54.6) | (57.7) |
Selling, general and administrative expenses, excluding Receivable impairment | (18.5) | (49.3) | (54.6) | (56.1) |
Operating income (loss) | 0.1 | (4.4) | 0.0 | (1.6) |
Interest expense (income), net | 0.0 | (0.1) | 0.0 | (0.1) |
Other (income) expense, net | 0.1 | (4.6) | 0.0 | (1.6) |
Income (loss) before income taxes | 0.0 | 0.3 | 0.0 | 0.1 |
Income tax expense | 0.0 | (0.1) | 0.0 | 0.0 |
Equity in earnings of subsidiaries | 261.4 | 224.7 | 775.0 | 718.6 |
Net income (loss) | (261.4) | (224.3) | (775.0) | (718.5) |
Other comprehensive loss | 3.6 | 3.2 | (3.0) | (5.5) |
Total comprehensive income | (257.8) | (221.1) | (778.0) | (724.0) |
Parent | ||||
Net sales | 0.0 | 0.0 | 0.0 | 0.0 |
Cost of sales | 0.0 | 0.0 | 0.0 | 0.0 |
Gross profit | 0.0 | 0.0 | 0.0 | 0.0 |
Selling, general and administrative expenses, excluding Receivable impairment | 1.4 | 2.0 | 4.8 | 5.9 |
Operating income (loss) | (1.4) | (2.0) | (4.8) | (5.9) |
Interest expense (income), net | 55.0 | 96.9 | 171.4 | 242.5 |
Other (income) expense, net | 0.0 | 4.6 | (0.1) | 1.5 |
Income (loss) before income taxes | (56.4) | (103.5) | (176.1) | (249.9) |
Income tax expense | (36.7) | (53.1) | (85.6) | (117.2) |
Equity in earnings of subsidiaries | (259.6) | (222.0) | (764.7) | (707.1) |
Net income (loss) | 239.9 | 171.6 | 674.2 | 574.4 |
Other comprehensive loss | (2.7) | (2.4) | 2.3 | 4.2 |
Total comprehensive income | 237.2 | 169.2 | 676.5 | 578.6 |
Guarantor Subsidiaries | ||||
Net sales | 5,275.8 | 4,931.4 | 15,760.3 | 14,916.6 |
Cost of sales | 3,626.0 | 3,427.3 | 10,881.4 | 10,385.9 |
Gross profit | 1,649.8 | 1,504.1 | 4,878.9 | 4,530.7 |
Selling, general and administrative expenses, excluding Receivable impairment | 1,224.8 | 1,160.2 | 3,649.9 | 3,423.3 |
Operating income (loss) | 425.0 | 343.9 | 1,229.0 | 1,107.4 |
Interest expense (income), net | 16.6 | 17.2 | 54.6 | 50.0 |
Other (income) expense, net | 0.1 | (0.2) | 0.2 | (0.5) |
Income (loss) before income taxes | 408.3 | 326.9 | 1,174.2 | 1,057.9 |
Income tax expense | 151.0 | 111.0 | 417.7 | 369.9 |
Equity in earnings of subsidiaries | (1.8) | (2.7) | (10.3) | (11.5) |
Net income (loss) | 259.1 | 218.6 | 766.8 | 699.5 |
Other comprehensive loss | (0.8) | (0.7) | 0.7 | 1.3 |
Total comprehensive income | 258.3 | 217.9 | 767.5 | 700.8 |
Non-Guarantor Subsidiaries | ||||
Net sales | 77.9 | 223.3 | 220.2 | 638.4 |
Cost of sales | 43.3 | 153.2 | 123.6 | 524.0 |
Gross profit | 34.6 | 70.1 | 96.6 | 114.4 |
Selling, general and administrative expenses, excluding Receivable impairment | 33.1 | 65.2 | 87.3 | 96.0 |
Operating income (loss) | 1.5 | 4.9 | 9.3 | 18.4 |
Interest expense (income), net | (1.9) | (1.9) | (5.8) | (5.7) |
Other (income) expense, net | 0.2 | 0.3 | 0.7 | 0.5 |
Income (loss) before income taxes | 3.2 | 6.5 | 14.4 | 23.6 |
Income tax expense | 0.9 | 0.8 | 6.2 | 4.6 |
Equity in earnings of subsidiaries | 0.0 | 0.0 | 0.0 | 0.0 |
Net income (loss) | 2.3 | 5.7 | 8.2 | 19.0 |
Other comprehensive loss | (2.8) | (2.5) | 2.3 | 4.2 |
Total comprehensive income | $ (0.5) | $ 3.2 | $ 10.5 | $ 23.2 |