PROPERTY, PLANT AND EQUIPMENT

12 Months Ended

Jan. 30, 2022

Property, Plant and Equipment [Abstract]

Property, plant and equipment, at cost, was as follows:


(In millions)	2021		2020
Land	$	1.0	$	1.0
Buildings and building improvements	30.6		54.5
Machinery, software and equipment	981.9		926.4
Furniture and fixtures	549.0		580.2
Shop-in-shops/concession locations	227.2		245.6
Leasehold improvements	765.1		834.5
Construction in progress	97.3		52.1
Property, plant and equipment, gross	2,652.1		2,694.3
Less: Accumulated depreciation	(1,746.0)		(1,751.6)
Property, plant and equipment, net	$	906.1	$	942.7

The increase in machinery, software and equipment in 2021 includes software and other equipment that was placed into service in 2021 in connection with the Company’s multi-year upgrade of its platforms and systems worldwide and enhancements to its warehouse and distribution network. The decrease in leasehold improvements in 2021 primarily relates to

actions taken to reduce the Company’s real estate footprint, including reductions in office space and select store closures, as well as the exit from the Heritage Brands Retail business. Construction in progress at January 30, 2022 and January 31, 2021 represents costs incurred for machinery, software and equipment, furniture and fixtures, and leasehold improvements not yet placed in use. Construction in progress at January 30, 2022 principally related to enhancements to the Company’s warehouse and distribution network in Europe and North America and investments in new stores and store renovations. Construction in progress at January 31, 2021 principally related to upgrades and enhancements to operating, supply chain and logistics systems. Interest costs capitalized in construction in progress were immaterial during 2021, 2020 and 2019.