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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Aug. 01, 2020
Feb. 01, 2020
Aug. 03, 2019
Current assets:      
Cash and cash equivalents $ 1,204.0 $ 374.5 $ 271.5
Accounts receivable, net 31.5 38.8 21.8
Other current assets 182.9 403.5 190.6
Income taxes 251.3 6.3 2.6
Inventories, net 2,193.1 2,331.7 2,272.1
Total current assets 3,862.8 3,154.8 2,758.6
Non-current assets:      
Property, plant and equipment, net of accumulated depreciation of $1,119.3, $1,064.7 and $1,338.3, respectively 645.8 741.9 750.2
Operating lease right-of-use assets 1,459.9 1,683.3 1,729.3
Goodwill 238.0 248.8 248.8
Intangible assets, net 179.0 263.8 264.3
Other assets 179.0 201.8 194.7
Deferred tax assets 13.6 4.7 19.7
Total assets 6,578.1 6,299.1 5,965.6
Current liabilities:      
Loans and overdrafts 4.6 95.6 54.2
Accounts payable 302.2 227.9 224.1
Accrued expenses and other current liabilities 442.0 697.0 418.0
Deferred revenue 330.9 266.2 265.4
Operating lease liabilities 391.0 338.2 324.8
Income taxes 28.7 27.7 25.1
Total current liabilities 1,499.4 1,652.6 1,311.6
Non-current liabilities:      
Long-term debt 1,336.1 515.9 628.2
Operating lease liabilities 1,263.3 1,437.7 1,499.0
Other liabilities 108.9 116.6 122.7
Deferred revenue 699.3 731.5 699.8
Deferred tax liabilities 129.1 5.2 0.0
Total liabilities 5,036.1 4,459.5 4,261.3
Commitments and contingencies
Series A redeemable convertible preferred shares of $.01 par value: authorized 500 shares, 0.625 shares outstanding (February 1, 2020 and August 3, 2019: 0.625 shares outstanding) 625.6 617.0 616.1
Shareholders’ equity:      
Common shares of $.18 par value: authorized 500 shares, 52.3 shares outstanding (February 1, 2020 and August 3, 2019: 52.3 outstanding) 12.6 12.6 12.6
Additional paid-in capital 250.8 245.4 236.3
Other reserves 0.4 0.4 0.4
Treasury shares at cost: 17.7 shares (February 1, 2020 and August 3, 2019: 17.7 shares) (981.1) (984.9) (993.0)
Retained earnings 1,943.7 2,242.9 2,154.2
Accumulated other comprehensive loss (310.0) (293.8) (322.3)
Total shareholders’ equity 916.4 1,222.6 1,088.2
Total liabilities, redeemable convertible preferred shares and shareholders’ equity $ 6,578.1 $ 6,299.1 $ 5,965.6