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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Oct. 31, 2020
Feb. 01, 2020
Nov. 02, 2019
Current assets:      
Cash and cash equivalents $ 1,332.6 $ 374.5 $ 188.6
Accounts receivable, net 58.3 38.8 20.8
Other current assets 228.6 403.5 207.2
Income taxes 111.1 6.3 2.7
Inventories, net 2,174.0 2,331.7 2,519.4
Total current assets 3,904.6 3,154.8 2,938.7
Non-current assets:      
Property, plant and equipment, net of accumulated depreciation of $1,167.7, $1,064.7 and $1,337.1, respectively 612.6 741.9 751.2
Operating lease right-of-use assets 1,395.4 1,683.3 1,684.0
Goodwill 238.0 248.8 248.8
Intangible assets, net 178.8 263.8 264.2
Other assets 189.5 201.8 196.4
Deferred tax assets 13.6 4.7 18.3
Total assets 6,532.5 6,299.1 6,101.6
Current liabilities:      
Loans and overdrafts 3.6 95.6 5.0
Accounts payable 558.4 227.9 333.9
Accrued expenses and other current liabilities 500.0 697.0 434.6
Deferred revenue 258.5 266.2 267.3
Operating lease liabilities 379.0 338.2 324.9
Income taxes 32.0 27.7 17.4
Total current liabilities 1,731.5 1,652.6 1,383.1
Non-current liabilities:      
Long-term debt 1,036.2 515.9 788.8
Operating lease liabilities 1,190.3 1,437.7 1,448.9
Other liabilities 97.3 116.6 120.4
Deferred revenue 764.3 731.5 693.2
Deferred tax liabilities 163.1 5.2 0.0
Total liabilities 4,982.7 4,459.5 4,434.4
Commitments and contingencies
Series A redeemable convertible preferred shares of $.01 par value: authorized 500 shares, 0.625 shares outstanding (February 1, 2020 and November 2, 2019: 0.625 shares outstanding) 633.9 617.0 616.5
Shareholders’ equity:      
Common shares of $.18 par value: authorized 500 shares, 52.3 shares outstanding (February 1, 2020 and November 2, 2019: 52.3 outstanding) 12.6 12.6 12.6
Additional paid-in capital 254.1 245.4 242.3
Other reserves 0.4 0.4 0.4
Treasury shares at cost: 17.7 shares (February 1, 2020 and November 2, 2019: 17.7 shares) (980.4) (984.9) (984.8)
Retained earnings 1,943.6 2,242.9 2,079.7
Accumulated other comprehensive loss (314.4) (293.8) (299.5)
Total shareholders’ equity 915.9 1,222.6 1,050.7
Total liabilities, redeemable convertible preferred shares and shareholders’ equity $ 6,532.5 $ 6,299.1 $ 6,101.6