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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jul. 29, 2023
Jan. 28, 2023
Jul. 30, 2022
Current assets:      
Cash and cash equivalents $ 690.2 $ 1,166.8 $ 851.7
Accounts receivable 16.8 14.5 35.6
Other current assets 177.0 165.9 199.4
Income taxes 9.5 9.6 118.5
Inventories 2,093.9 2,150.3 2,190.8
Total current assets 2,987.4 3,507.1 3,396.0
Non-current assets:      
Property, plant and equipment, net of accumulated depreciation and amortization of $1,423.8 (January 28, 2023 and July 30, 2022: $1,352.7 and $1,284.9, respectively) 553.5 586.5 566.5
Operating lease right-of-use assets 1,060.2 1,049.3 1,113.1
Goodwill 754.1 751.7 486.4
Intangible assets, net 406.5 407.4 312.8
Other assets 287.9 281.7 254.7
Deferred tax assets 37.8 36.7 34.9
Total assets 6,087.4 6,620.4 6,164.4
Current liabilities:      
Current portion of long-term debt 147.5 0.0 0.0
Accounts payable 570.7 879.0 689.5
Accrued expenses and other current liabilities 386.7 638.7 598.5
Deferred revenue 358.3 369.5 326.9
Operating lease liabilities 332.2 288.2 281.3
Income taxes 56.9 72.7 23.9
Total current liabilities 1,852.3 2,248.1 1,920.1
Non-current liabilities:      
Long-term debt 0.0 147.4 147.2
Operating lease liabilities 832.3 894.7 925.8
Other liabilities 98.3 100.1 101.3
Deferred revenue 869.0 880.1 873.9
Deferred tax liabilities 166.7 117.6 175.2
Total liabilities 3,818.6 4,388.0 4,143.5
Commitments and contingencies
Redeemable Series A Convertible Preference Shares $0.01 par value: authorized 500 shares, 0.625 shares outstanding (January 28, 2023 and July 30, 2022: 0.625 shares outstanding, respectively) 654.7 653.8 653.0
Shareholders’ equity:      
Common shares of $0.18 par value: authorized 500 shares, 44.8 shares outstanding (January 28, 2023 and July 30, 2022: 44.9 and 46.2 outstanding, respectively) 12.6 12.6 12.6
Additional paid-in capital 220.0 259.7 245.6
Other reserves 0.4 0.4 0.4
Treasury shares at cost: 25.2 shares (January 28, 2023 and July 30, 2022: 25.1 and 23.8 shares, respectively) (1,596.4) (1,574.7) (1,494.4)
Retained earnings 3,238.0 3,144.8 2,868.3
Accumulated other comprehensive loss (260.5) (264.2) (264.6)
Total shareholders’ equity 1,614.1 1,578.6 1,367.9
Total liabilities, redeemable convertible preferred shares and shareholders’ equity $ 6,087.4 $ 6,620.4 $ 6,164.4