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Leases (Tables)
 12 Months Ended
Jan. 30, 2021
Leases [Abstract]  
Schedule of Lease Term and Discount Rate
The weighted average lease term and discount rate for the Company’s outstanding operating leases were as follows:
January 30, 2021February 1, 2020
Weighted average remaining lease term6.2 years6.7 years
Weighted average discount rate5.5 %5.5 %
Total Lease Costs For Operating Leases
Total lease costs are as follows:
(in millions)Fiscal 2021Fiscal 2020
Operating lease cost$436.3 460.3 
Short-term lease cost16.3 19.4 
Variable lease cost110.3 107.1 
Sublease income(1.8)(2.0)
Total lease cost$561.1 $584.8 
Rental Expense For Operating Leases
Total rent expense as determined prior to the adoption of ASC 842 was as follows:
(in millions)Fiscal 2019
Minimum rentals$510.3 
Contingent rent8.1 
Sublease income(1.1)
Total rent expense$517.3 
Schedule of Supplemental Cash Flow Information
Supplemental cash flow information related to leases was as follows:
(in millions)Fiscal 2021Fiscal 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$400.4 $467.7 
Operating lease right-of-use assets obtained in exchange for lease obligations70.8 149.9 
Reduction in the carrying amount of ROU assets (1)
348.3 360.1 
(1) Excludes impairment of ROU assets of $36.9 million during Fiscal 2021, as further described in Note 16.
Future Minimum Operating Lease Payments
The future minimum operating lease payments for operating leases having initial or non-cancelable terms in excess of one year are as follows:
(in millions)January 30, 2021
Fiscal 2022$503.9 
Fiscal 2023349.8 
Fiscal 2024275.3 
Fiscal 2025214.6 
Fiscal 2026157.2 
Thereafter396.7 
Total minimum lease payments$1,897.5 
Less: Imputed interest(372.9)
Present value of lease liabilities$1,524.6