Supplemental Balance Sheet Information (Tables)

12 Months Ended

Feb. 03, 2024

Balance Sheet Related Disclosures [Abstract]

Schedule of Property, Plant and Equipment, Net

In accordance with ASC Topic 360 “Property, Plant and Equipment,” property, plant and equipment are stated at cost and depreciated using the straight-line method over the estimated useful lives of the respective assets as follows:

Buildings	39 to 40 years
Building improvements	20 years
Furniture, fixtures and equipment, software	3 to 15 years
Leasehold improvements	Shorter of remaining lease term or related asset life

Property, plant and equipment, net, as of February 3, 2024 and January 28, 2023 consists of the following: 

(in millions)	February 3, 2024		January 28, 2023
Land	$	247.9	$	242.6
Buildings	1,796.7		1,631.6
Leasehold improvements	3,646.9		3,227.9
Furniture, fixtures and equipment	5,899.2		5,261.7
Construction in progress	1,184.8		633.8
Total property, plant and equipment	12,775.5		10,997.6
Less: accumulated depreciation	6,631.4		6,025.4
Total property, plant and equipment, net	$	6,144.1	$	4,972.2

Schedule of Other Current Liabilities

Other current liabilities as of February 3, 2024 and January 28, 2023 consist of the following:

(in millions)	February 3, 2024		January 28, 2023
Taxes (other than income taxes)	$	292.3	$	253.7
Compensation and benefits	247.3		143.9
Insurance	143.4		131.1
Other	384.2		289.0
Total other current liabilities	$	1,067.2	$	817.7