Redeemable preferred shares (Tables)

3 Months Ended

May 04, 2024

Temporary Equity [Abstract]

Schedule of Redeemable Preferred Shares

(in millions, except conversion rate and conversion price)	May 4, 2024		February 3, 2024		April 29, 2023
Conversion rate	12.5406		12.5406		12.3939
Conversion price	$	79.7410	$	79.7410	$	80.6849
Potential impact of Preferred Shares if-converted to common shares (2)	0.7		8.2		8.1
Liquidation preference (1)	$	332.5	$	665.1	$	665.1

(1) Includes the Stated Value of the Preferred Shares plus any declared but unpaid dividends

(2) The potential impact of conversion of the outstanding Preferred Shares as of May 4, 2024 reflects the modified net share settlement provisions described above, based on the volume weighted average price per share as of the last trading date of the first quarter.