the closings of these two pending acquisitions are subject to customary conditions , 32 including in respect of the australia acquisition , shareholder and court approvals , and are expected to occur in the second quarter of 2019. we expect to record a net pre-tax gain of approximately $ 70 million during 2019 in connection with the australia acquisition and th csap acquisition , consisting of a noncash gain to write up our equity investments in gazal and pvh australia to fair value , partially offset by pre-tax costs related to both acquisitions , primarily consisting of noncash valuation adjustments and amortization of short-lived assets . we announced on january 10 , 2019 a restructuring in connection with strategic changes for our calvin klein business ( the “ calvin klein restructuring ” ) . the strategic changes include ( i ) the closure of the calvin klein 205 w39 nyc brand ( formerly calvin klein collection ) , ( ii ) the closure of the flagship store on madison avenue in new york , new york , ( iii ) the restructuring of the calvin klein creative and design teams globally , and ( iv ) the consolidation of operations for the men 's calvin klein sportswear and calvin klein jeans businesses . we recorded pre-tax costs of $ 41 million in the fourth quarter of 2018 , consisting of $ 27 million of severance , $ 7 million of noncash asset impairments , $ 4 million of contract termination and other costs and $ 2 million of inventory markdowns . we expect to incur additional pre-tax costs of approximately $ 130 million during 2019 in connection with the calvin klein restructuring , primarily consisting of severance , noncash asset impairments , lease and other contract termination costs , and inventory markdowns . please see note 17 , “ exit activity costs , ” in the notes to consolidated financial statements included in item 8 of this report for further discussion . we acquired on april 20 , 2018 the geoffrey beene tradename from geoffrey beene for $ 17 million , of which $ 16 million was paid in cash . prior to the acquisition , we had licensed the rights to design , market and distribute geoffrey beene dress shirts and neckwear from geoffrey beene . we issued on december 21 , 2017 600 million euro-denominated principal amount of 3 1/8 % senior notes due december 15 , 2027. we redeemed on january 5 , 2018 our $ 700 million principal amount of 4 1/2 % senior notes due december 15 , 2022 ( using the proceeds of the senior notes due december 15 , 2027 ) and recorded pre-tax debt extinguishment charges of $ 24 million . please see the section entitled “ liquidity and capital resources ” below for further discussion . we amended on december 20 , 2017 mr. tommy hilfiger 's employment agreement , pursuant to which we made a cash buyout of a portion of the future payment obligation ( the “ mr . hilfiger amendment ” ) . we recorded pre-tax charges of $ 83 million in 2017 in connection with the amendment . we restructured our supply chain relationship with li & fung in a transaction that closed on september 30 , 2017. our non-exclusive buying agency agreement with li & fung was terminated in connection with this transaction . we recorded pre-tax charges of $ 54 million in 2017 in connection with the termination . we acquired on september 1 , 2017 the tommy hilfiger and calvin klein wholesale and concessions businesses in belgium and luxembourg from a former agent ( the “ belgian acquisition ” ) . as a result of this acquisition , we now operate directly our tommy hilfiger and calvin klein businesses in this region . the total consideration for the acquisition was $ 12 million . we acquired on march 30 , 2017 true & co. , a direct-to-consumer intimate apparel digital commerce retailer . this acquisition enabled us to participate further in the fast-growing online channel and provided a platform to increase innovation , data-driven decisions and speed in the way we serve our consumers across our channels of distribution . the total consideration for the acquisition was $ 28 million , net of $ 400,000 of cash acquired . we completed the relocation of our tommy hilfiger office in new york in 2017 and recorded related pre-tax charges of $ 19 million , including noncash depreciation expense . we purchased a group annuity in 2017 for certain participants of our retirement plans under which certain of our benefit obligations were transferred to an insurer . we recorded a pre-tax loss of $ 9 million in connection with the noncash settlement of such benefit obligations . we completed a consolidation within our warehouse and distribution network in north america in 2017 and recorded related net pre-tax charges of $ 8 million , which included a $ 3 million gain on the sale of a warehouse and distribution center . 33 we entered into an agreement on january 24 , 2017 to terminate the license for the tommy hilfiger men 's tailored clothing business in north america held by marcraft clothes , inc. effective december 31 , 2017 ( the “ th men 's tailored license termination ” ) . peerless clothing international , inc. became the licensee for the business effective january 1 , 2018. these transactions were undertaken in order to consolidate with peerless clothing international , inc. our men 's tailored businesses for all of our brands in north america . we recorded a pre-tax charge of $ 11 million in 2016 in connection with the th men 's tailored license termination . we formed on november 30 , 2016 a joint venture in mexico , pvh mexico , in which we own a 49 % economic interest . story_separator_special_tag these decreases were partially offset by ( i ) a change in the mix of business due to faster growth in our tommy hilfiger international and calvin klein international segments than in our north america segments , as our international segments generally carry higher sg & a expenses as percentages of total revenue , ( ii ) the costs incurred in connection with the calvin klein restructuring and ( iii ) an increase in corporate expenses due , in part , to investments in digital and information technology initiatives . sg & a expenses in 2017 were $ 4.245 billion , or 47.6 % of total revenue , as compared to $ 3.678 billion , or 44.8 % of total revenue in 2016. the 280 basis point increase in sg & a expenses as a percentage of total revenue was principally attributable to ( i ) a change in the mix of business due to faster growth in our tommy hilfiger international and calvin klein international segments than in our north america segments , as our international segments generally carry higher sg & a expenses as percentages of total revenue , ( ii ) the costs incurred in connection with the mr. hilfiger amendment , ( iii ) the costs incurred in connection with the li & fung termination , ( iv ) an increase in marketing expenditures , particularly in the calvin klein business , ( v ) an increase in corporate expenses due , in part , to investments in digital and sourcing initiatives , including start-up costs associated with pvh ethiopia , ( vi ) the costs incurred in connection with the relocation of our tommy hilfiger office in new york , including noncash depreciation expense , ( vii ) the absence of the gain recorded in 2016 in connection with a payment made to us to exit a tommy hilfiger flagship store in europe and ( viii ) the costs incurred in connection with the consolidation within our warehouse and distribution network in north america . these increases were partially offset by ( i ) a reduction of costs incurred in connection with the th china acquisition , primarily consisting of noncash valuation adjustments and amortization of short-lived assets , ( ii ) the absence of the costs incurred in connection with the th men 's tailored license termination and ( iii ) the absence of costs incurred in connection with the warnaco integration and related restructuring . we currently expect that sg & a expenses as a percentage of total revenue in 2019 will increase as compared to 2018 due to ( i ) an increase in costs expected to be incurred in connection with the calvin klein restructuring , ( ii ) costs expected to be incurred in connection with the closure of our tommy hilfiger flagship and anchor stores in the united states , ( iii ) costs expected to be incurred in connection with the australia acquisition and the th csap acquisition , primarily consisting of noncash valuation adjustments and amortization of short-lived assets , and ( iv ) a change in the mix of business due to faster growth in our tommy hilfiger international and calvin klein international segments than in our north america segments , as our international segments generally carry higher sg & a expenses as percentages of total revenue . these increases will be partially offset by the absence in 2019 of costs that were recorded in 2018 in connection with the th china acquisition , consisting of noncash amortization of short-lived assets . non-service related pension and postretirement cost ( income ) non-service related pension and postretirement cost in 2018 was $ 5 million as compared to $ 3 million in 2017. non-service related pension and postretirement cost in 2018 included a $ 15 million actuarial loss on our retirement plans . non-service related pension and postretirement cost in 2017 included a $ 9 million loss recorded in connection with the noncash settlement of certain of our benefit obligations related to our retirement plans as a result of a group annuity purchased for certain participants under which such obligations were transferred to an insurer , as well as a $ 3 million actuarial loss on our retirement plans . please see note 12 , “ retirement and benefit plans , ” in the notes to consolidated financial statements included in item 8 of this report for further discussion . non-service related pension and postretirement cost in 2017 was $ 3 million as compared to non-service related pension and postretirement income of $ 41 million in 2016. non-service related pension and postretirement cost in 2017 included a $ 9 million loss recorded in connection with the noncash settlement of certain of our benefit obligations related to our retirement plans as a result of a group annuity purchased for certain participants under which such obligations were transferred to an insurer , as well as a $ 3 million actuarial loss on our retirement plans . non-service related pension and postretirement income in 2016 included a $ 39 million actuarial gain on our retirement plans . please see note 12 , “ retirement and benefit plans , ” in the notes to consolidated financial statements included in item 8 of this report for further discussion . we currently expect that non-service related pension and postretirement income for 2019 will be approximately $ 7 million compared to non-service related pension and postretirement cost of $ 5 million in 2018. non-service related pension and postretirement ( income ) cost recorded throughout the year is calculated using actuarial valuations that incorporate assumptions and estimates about financial market , economic and demographic conditions . differences between estimated and actual results give rise to gains and losses that are recorded immediately in earnings , generally in the fourth quarter of the year , which can create volatility in our results of operations . our 2018 non-service related pension and postretirement cost included a $ 15

cash flow summary cash and cash equivalents at february 3 , 2019 was $ 452 million , a decrease of $ 42 million from the amount at february 4 , 2018 of $ 494 million . the change in cash and cash equivalents included the impact of ( i ) $ 302 million of common stock repurchases under the stock repurchase program , ( ii ) $ 150 million of long-term debt repayments , ( iii ) a $ 16 million payment made in connection with the acquisition of the geoffrey beene tradename , and ( iv ) a $ 10 million contribution to our defined benefit pension plans . cash flow in 2019 will be impacted by various factors in addition to those noted below in this “ liquidity and capital resources ” section , including ( i ) expected long-term debt repayments of approximately $ 150 million , ( ii ) expected common stock repurchases under the stock repurchase program of approximately $ 200 million , ( iii ) the expected net consideration to be paid for the australia acquisition of a $ 124 million ( approximately $ 90 million based on the current exchange rate in effect ) , and ( iv ) the expected consideration to be paid for the th csap acquisition , which is estimated to be approximately $ 75 million . as of february 3 , 2019 , approximately $ 415 million of cash and cash equivalents was held by international subsidiaries . prior to the enactment of the u.s. tax legislation , our undistributed foreign earnings were considered permanently reinvested and , as such , united states federal and state income taxes were not previously recorded on these earnings .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```cash flow summary cash and cash equivalents at february 3 , 2019 was $ 452 million , a decrease of $ 42 million from the amount at february 4 , 2018 of $ 494 million . the change in cash and cash equivalents included the impact of ( i ) $ 302 million of common stock repurchases under the stock repurchase program , ( ii ) $ 150 million of long-term debt repayments , ( iii ) a $ 16 million payment made in connection with the acquisition of the geoffrey beene tradename , and ( iv ) a $ 10 million contribution to our defined benefit pension plans . cash flow in 2019 will be impacted by various factors in addition to those noted below in this “ liquidity and capital resources ” section , including ( i ) expected long-term debt repayments of approximately $ 150 million , ( ii ) expected common stock repurchases under the stock repurchase program of approximately $ 200 million , ( iii ) the expected net consideration to be paid for the australia acquisition of a $ 124 million ( approximately $ 90 million based on the current exchange rate in effect ) , and ( iv ) the expected consideration to be paid for the th csap acquisition , which is estimated to be approximately $ 75 million . as of february 3 , 2019 , approximately $ 415 million of cash and cash equivalents was held by international subsidiaries . prior to the enactment of the u.s. tax legislation , our undistributed foreign earnings were considered permanently reinvested and , as such , united states federal and state income taxes were not previously recorded on these earnings .
```    
 Suspicious Activity Report : the closings of these two pending acquisitions are subject to customary conditions , 32 including in respect of the australia acquisition , shareholder and court approvals , and are expected to occur in the second quarter of 2019. we expect to record a net pre-tax gain of approximately $ 70 million during 2019 in connection with the australia acquisition and th csap acquisition , consisting of a noncash gain to write up our equity investments in gazal and pvh australia to fair value , partially offset by pre-tax costs related to both acquisitions , primarily consisting of noncash valuation adjustments and amortization of short-lived assets . we announced on january 10 , 2019 a restructuring in connection with strategic changes for our calvin klein business ( the “ calvin klein restructuring ” ) . the strategic changes include ( i ) the closure of the calvin klein 205 w39 nyc brand ( formerly calvin klein collection ) , ( ii ) the closure of the flagship store on madison avenue in new york , new york , ( iii ) the restructuring of the calvin klein creative and design teams globally , and ( iv ) the consolidation of operations for the men 's calvin klein sportswear and calvin klein jeans businesses . we recorded pre-tax costs of $ 41 million in the fourth quarter of 2018 , consisting of $ 27 million of severance , $ 7 million of noncash asset impairments , $ 4 million of contract termination and other costs and $ 2 million of inventory markdowns . we expect to incur additional pre-tax costs of approximately $ 130 million during 2019 in connection with the calvin klein restructuring , primarily consisting of severance , noncash asset impairments , lease and other contract termination costs , and inventory markdowns . please see note 17 , “ exit activity costs , ” in the notes to consolidated financial statements included in item 8 of this report for further discussion . we acquired on april 20 , 2018 the geoffrey beene tradename from geoffrey beene for $ 17 million , of which $ 16 million was paid in cash . prior to the acquisition , we had licensed the rights to design , market and distribute geoffrey beene dress shirts and neckwear from geoffrey beene . we issued on december 21 , 2017 600 million euro-denominated principal amount of 3 1/8 % senior notes due december 15 , 2027. we redeemed on january 5 , 2018 our $ 700 million principal amount of 4 1/2 % senior notes due december 15 , 2022 ( using the proceeds of the senior notes due december 15 , 2027 ) and recorded pre-tax debt extinguishment charges of $ 24 million . please see the section entitled “ liquidity and capital resources ” below for further discussion . we amended on december 20 , 2017 mr. tommy hilfiger 's employment agreement , pursuant to which we made a cash buyout of a portion of the future payment obligation ( the “ mr . hilfiger amendment ” ) . we recorded pre-tax charges of $ 83 million in 2017 in connection with the amendment . we restructured our supply chain relationship with li & fung in a transaction that closed on september 30 , 2017. our non-exclusive buying agency agreement with li & fung was terminated in connection with this transaction . we recorded pre-tax charges of $ 54 million in 2017 in connection with the termination . we acquired on september 1 , 2017 the tommy hilfiger and calvin klein wholesale and concessions businesses in belgium and luxembourg from a former agent ( the “ belgian acquisition ” ) . as a result of this acquisition , we now operate directly our tommy hilfiger and calvin klein businesses in this region . the total consideration for the acquisition was $ 12 million . we acquired on march 30 , 2017 true & co. , a direct-to-consumer intimate apparel digital commerce retailer . this acquisition enabled us to participate further in the fast-growing online channel and provided a platform to increase innovation , data-driven decisions and speed in the way we serve our consumers across our channels of distribution . the total consideration for the acquisition was $ 28 million , net of $ 400,000 of cash acquired . we completed the relocation of our tommy hilfiger office in new york in 2017 and recorded related pre-tax charges of $ 19 million , including noncash depreciation expense . we purchased a group annuity in 2017 for certain participants of our retirement plans under which certain of our benefit obligations were transferred to an insurer . we recorded a pre-tax loss of $ 9 million in connection with the noncash settlement of such benefit obligations . we completed a consolidation within our warehouse and distribution network in north america in 2017 and recorded related net pre-tax charges of $ 8 million , which included a $ 3 million gain on the sale of a warehouse and distribution center . 33 we entered into an agreement on january 24 , 2017 to terminate the license for the tommy hilfiger men 's tailored clothing business in north america held by marcraft clothes , inc. effective december 31 , 2017 ( the “ th men 's tailored license termination ” ) . peerless clothing international , inc. became the licensee for the business effective january 1 , 2018. these transactions were undertaken in order to consolidate with peerless clothing international , inc. our men 's tailored businesses for all of our brands in north america . we recorded a pre-tax charge of $ 11 million in 2016 in connection with the th men 's tailored license termination . we formed on november 30 , 2016 a joint venture in mexico , pvh mexico , in which we own a 49 % economic interest . story_separator_special_tag these decreases were partially offset by ( i ) a change in the mix of business due to faster growth in our tommy hilfiger international and calvin klein international segments than in our north america segments , as our international segments generally carry higher sg & a expenses as percentages of total revenue , ( ii ) the costs incurred in connection with the calvin klein restructuring and ( iii ) an increase in corporate expenses due , in part , to investments in digital and information technology initiatives . sg & a expenses in 2017 were $ 4.245 billion , or 47.6 % of total revenue , as compared to $ 3.678 billion , or 44.8 % of total revenue in 2016. the 280 basis point increase in sg & a expenses as a percentage of total revenue was principally attributable to ( i ) a change in the mix of business due to faster growth in our tommy hilfiger international and calvin klein international segments than in our north america segments , as our international segments generally carry higher sg & a expenses as percentages of total revenue , ( ii ) the costs incurred in connection with the mr. hilfiger amendment , ( iii ) the costs incurred in connection with the li & fung termination , ( iv ) an increase in marketing expenditures , particularly in the calvin klein business , ( v ) an increase in corporate expenses due , in part , to investments in digital and sourcing initiatives , including start-up costs associated with pvh ethiopia , ( vi ) the costs incurred in connection with the relocation of our tommy hilfiger office in new york , including noncash depreciation expense , ( vii ) the absence of the gain recorded in 2016 in connection with a payment made to us to exit a tommy hilfiger flagship store in europe and ( viii ) the costs incurred in connection with the consolidation within our warehouse and distribution network in north america . these increases were partially offset by ( i ) a reduction of costs incurred in connection with the th china acquisition , primarily consisting of noncash valuation adjustments and amortization of short-lived assets , ( ii ) the absence of the costs incurred in connection with the th men 's tailored license termination and ( iii ) the absence of costs incurred in connection with the warnaco integration and related restructuring . we currently expect that sg & a expenses as a percentage of total revenue in 2019 will increase as compared to 2018 due to ( i ) an increase in costs expected to be incurred in connection with the calvin klein restructuring , ( ii ) costs expected to be incurred in connection with the closure of our tommy hilfiger flagship and anchor stores in the united states , ( iii ) costs expected to be incurred in connection with the australia acquisition and the th csap acquisition , primarily consisting of noncash valuation adjustments and amortization of short-lived assets , and ( iv ) a change in the mix of business due to faster growth in our tommy hilfiger international and calvin klein international segments than in our north america segments , as our international segments generally carry higher sg & a expenses as percentages of total revenue . these increases will be partially offset by the absence in 2019 of costs that were recorded in 2018 in connection with the th china acquisition , consisting of noncash amortization of short-lived assets . non-service related pension and postretirement cost ( income ) non-service related pension and postretirement cost in 2018 was $ 5 million as compared to $ 3 million in 2017. non-service related pension and postretirement cost in 2018 included a $ 15 million actuarial loss on our retirement plans . non-service related pension and postretirement cost in 2017 included a $ 9 million loss recorded in connection with the noncash settlement of certain of our benefit obligations related to our retirement plans as a result of a group annuity purchased for certain participants under which such obligations were transferred to an insurer , as well as a $ 3 million actuarial loss on our retirement plans . please see note 12 , “ retirement and benefit plans , ” in the notes to consolidated financial statements included in item 8 of this report for further discussion . non-service related pension and postretirement cost in 2017 was $ 3 million as compared to non-service related pension and postretirement income of $ 41 million in 2016. non-service related pension and postretirement cost in 2017 included a $ 9 million loss recorded in connection with the noncash settlement of certain of our benefit obligations related to our retirement plans as a result of a group annuity purchased for certain participants under which such obligations were transferred to an insurer , as well as a $ 3 million actuarial loss on our retirement plans . non-service related pension and postretirement income in 2016 included a $ 39 million actuarial gain on our retirement plans . please see note 12 , “ retirement and benefit plans , ” in the notes to consolidated financial statements included in item 8 of this report for further discussion . we currently expect that non-service related pension and postretirement income for 2019 will be approximately $ 7 million compared to non-service related pension and postretirement cost of $ 5 million in 2018. non-service related pension and postretirement ( income ) cost recorded throughout the year is calculated using actuarial valuations that incorporate assumptions and estimates about financial market , economic and demographic conditions . differences between estimated and actual results give rise to gains and losses that are recorded immediately in earnings , generally in the fourth quarter of the year , which can create volatility in our results of operations . our 2018 non-service related pension and postretirement cost included a $ 15

