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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Feb. 01, 2020
Aug. 03, 2019
Current assets:    
Cash and cash equivalents $ 373.7 $ 323.8
Inventories 488.2 490.7
Prepaid expenses and other current assets 181.9 242.3
Assets related to discontinued operations 9.5 98.2
Total current assets 1,053.3 1,155.0
Property and equipment, net 743.9 835.5
Operating Lease, Right-of-Use Asset 680.2 0.0
Goodwill 250.1 313.5
Other intangible assets, net 218.6 276.6
Equity Method Investment 65.4 42.1
Other assets 58.1 65.6
Non-current assets related to discontinued operations 0.0 11.5
Total assets 3,069.6 2,699.8
Current liabilities:    
Accounts payable 305.0 316.1
Accrued expenses and other current liabilities 251.4 273.3
Deferred income 129.2 114.1
Current portion of lease obligations 161.8 [1],[2] 0.0
Current portion of long-term debt 21.5 0.0
Liabilities related to discontinued operations 49.9 94.7
Total current liabilities 918.8 798.2
Long-term debt 1,244.3 1,338.6
Lease-related liabilities 0.0 204.6
Deferred income taxes 4.5 0.5
Long-term lease obligations 679.9 [1],[2] 0.0
Other non-current liabilities 139.7 171.4
Non-current liabilities related to discontinued operations 5.8 35.5
Total liabilities 2,993.0 2,548.8
Commitments and contingencies (Note 18)
Equity:    
Common stock, par value $0.01 per share; 9,986 and 9,925 shares issued and outstanding as of February 1, 2020 and August 3, 2019, respectively 0.1 0.1
Additional paid-in capital 1,105.0 1,102.5
Accumulated deficit (1,013.1) (935.9)
Accumulated other comprehensive loss (15.4) (15.7)
Total equity 76.6 151.0
Total liabilities and equity $ 3,069.6 $ 2,699.8
[1] Although such amounts are generally non-cancelable, certain leases are cancelable if specified sales levels are not achieved or co-tenancy requirements are not being satisfied. All future minimum rentals under such leases have been included in the above table.
[2] Net of sublease income, which is not expected to be significant in any period.