Consolidated Statements of Cash Flows - USD ($) $ in Millions	3 Months Ended
Apr. 30, 2023	May 01, 2022
OPERATING ACTIVITIES
Net income	$ 136.0	$ 133.1
Adjustments to reconcile to net cash (used) provided by operating activities:
Depreciation and amortization	72.3	76.8
Equity in net income of unconsolidated affiliates	(11.9)	(7.4)
Deferred taxes	(3.0)	(0.9)
Stock-based compensation expense	13.1	10.1
Changes in operating assets and liabilities:
Trade receivables, net	13.4	(109.4)
Other receivables	4.2	(21.2)
Inventories, net	76.2	(78.1)
Accounts payable, accrued expenses and deferred revenue	(315.0)	(271.4)
Prepaid expenses	(44.3)	(36.7)
Other, net	(16.4)	1.7
Net cash (used) provided by operating activities	(75.4)	(303.4)
INVESTING ACTIVITIES
Purchases of property, plant and equipment	(57.9)	(52.4)
Purchases of investments held in rabbi trust	(1.9)	(5.1)
Proceeds from investments held in rabbi trust	0.2	0.4
Net cash (used) provided by investing activities	(59.6)	(57.1)
FINANCING ACTIVITIES
Net (payments on) proceeds from short-term borrowings	(27.8)	6.4
Repayment of 2022 facilities	(3.0)	0.0
Repayment of 2019 facilities	0.0	(6.9)
Net proceeds from settlement of awards under stock plans	0.1	0.1
Cash dividends	(2.4)	(2.6)
Acquisition of treasury shares	(4.6)	(108.0)
Payments of finance lease liabilities	(1.2)	(1.0)
Net cash used by financing activities	(38.9)	(112.0)
Effect of exchange rate on cash and cash equivalents	(3.0)	(21.3)
Decrease in cash and cash equivalents	(176.9)	(493.8)
Cash and cash equivalents at beginning of period	550.7	1,242.5
Cash and cash equivalents at end of period	$ 373.8	$ 748.7

The net change during the reporting period in the aggregate amount of obligations and expenses incurred but not paid; and the net change during the reporting period, excluding the portion taken into income, in the liability reflecting services yet to be performed by the reporting entity for which cash or other forms of consideration was received or recorded as a receivable.

No definition available.