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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Apr. 30, 2022
Jan. 29, 2022
May 01, 2021
Current assets:      
Cash and cash equivalents $ 927.6 $ 1,418.3 $ 1,298.4
Accounts receivable, net 17.1 19.9 78.9
Other current assets 209.9 208.6 187.1
Income taxes 144.7 23.2 58.4
Inventories 2,216.2 2,060.4 2,019.0
Total current assets 3,515.5 3,730.4 3,641.8
Non-current assets:      
Property, plant and equipment, net of accumulated depreciation and amortization of $1,265.9 (January 29, 2022 and May 1, 2021: $1,248.9 and $1,208.7, respectively) 561.1 575.9 544.5
Operating lease right-of-use assets 1,141.8 1,206.6 1,301.2
Goodwill 486.4 484.6 244.9
Intangible assets, net 313.5 314.2 190.6
Other assets 232.4 226.1 241.0
Deferred tax assets 35.6 37.3 16.8
Total assets 6,286.3 6,575.1 6,180.8
Current liabilities:      
Accounts payable 880.7 899.8 700.1
Accrued expenses and other current liabilities 610.6 501.6 517.2
Deferred revenue 336.9 341.3 310.0
Operating lease liabilities 287.2 300.0 345.7
Income taxes 24.4 28.0 24.5
Total current liabilities 2,139.8 2,070.7 1,897.5
Non-current liabilities:      
Long-term debt 147.1 147.1 146.8
Operating lease liabilities 948.1 1,005.1 1,087.3
Other liabilities 103.7 117.6 108.9
Deferred revenue 867.1 857.6 797.7
Deferred tax liabilities 171.1 160.9 171.1
Total liabilities 4,376.9 4,359.0 4,209.3
Commitments and contingencies
Series A redeemable convertible preferred shares of $.01 par value: authorized 500 shares, 0.625 shares outstanding (January 29, 2022 and May 1, 2021: 0.625 shares outstanding, respectively) 652.6 652.1 650.9
Shareholders’ equity:      
Common shares of $.18 par value: authorized 500 shares, 46.5 shares outstanding (January 29, 2022 and May 1, 2021: 49.9 and 52.7 outstanding, respectively) 12.6 12.6 12.6
Additional paid-in capital 236.8 231.2 252.2
Other reserves 0.4 0.4 0.4
Treasury shares at cost: 23.5 shares (January 29, 2022 and May 1, 2021: 20.1 and 17.3 shares, respectively) (1,474.2) (1,206.7) (965.2)
Retained earnings 2,740.9 2,877.4 2,304.2
Accumulated other comprehensive loss (259.7) (350.9) (283.6)
Total shareholders’ equity 1,256.8 1,564.0 1,320.6
Total liabilities, redeemable convertible preferred shares and shareholders’ equity $ 6,286.3 $ 6,575.1 $ 6,180.8