Organization and summary of significant accounting policies (Tables)

12 Months Ended

Jan. 29, 2022

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of cash and cash equivalents

The following table summarizes the details of the Company’s cash and cash equivalents:

(in millions)	January 29, 2022		January 30, 2021
Cash and cash equivalents held in money markets and other accounts	$	1,362.4	$	1,122.2
Cash equivalents from third-party credit card issuers	54.4		48.8
Cash on hand	1.5		1.5
Total cash and cash equivalents	$	1,418.3	$	1,172.5

Schedule of cash flow, supplemental disclosures

The Company’s supplemental cash flow information was as follows:

(in millions)	Fiscal 2022		Fiscal 2021		Fiscal 2020
Non-cash investing activities:
Capital expenditures in accounts payable	$	6.2	$	1.2	$	0.1
Supplemental cash flow information:
Interest paid	$	14.8	$	30.5	$	34.7
Income tax paid (refunded), net (1)	$	120.7	$	(176.0)	$	5.7

(1)    Includes $183.4 million refunded under the CARES Act in Fiscal 2021. See Note 11 for further details.

Schedule of property, plant and equipment

Depreciation and amortization are recognized on the straight-line method over the estimated useful lives of the related assets as follows:

Buildings	Ranging from 30 – 40 years
Leasehold improvements	Remaining term of lease, not to exceed 10 years
Furniture and fixtures	Ranging from 3 – 10 years
Equipment and software	Ranging from 3 – 7 years

(in millions)	January 29, 2022		January 30, 2021
Land and buildings	$	21.7	$	21.8
Leasehold improvements	640.9		616.9
Furniture and fixtures	698.3		669.9
Equipment	133.5		122.4
Software	251.5		334.2
Construction in progress	78.9		38.4
Total	$	1,824.8	$	1,803.6
Accumulated depreciation and amortization	(1,248.9)		(1,198.1)
Property, plant and equipment, net	$	575.9	$	605.5