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Recently Issued Accounting Standards (Tables)
6 Months Ended
Feb. 01, 2020
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]  
Schedule of Impact of ASU 2016-02
The following table provides the impact of adoption of ASU 2016-02 on the Company’s condensed consolidated balance sheet:
 
 
August 3, 2019 (as reported under ASC 840)
 
Impact of adoption of ASC 842
 
August 3, 2019 (as reported under ASC 842)
 
 
(millions)
Assets
 
 
 
 
 
 
Prepaid expenses and other current assets
 
$
242.3

 
$
(33.6
)
 
$
208.7

Other intangible assets, net
 
276.6

 
(8.4
)
 
268.2

Current assets related to discontinued operations
 
98.2

 
(7.6
)
 
90.6

Operating lease right-of-use asset
 

 
744.4

 
744.4

Non-current assets related to discontinued operations
 
11.5

 
131.5

 
143.0

 
 
 
 
 
 
 
Liabilities and Shareholders’ Equity
 
 
 
 
 
 
Current portion of lease liabilities
 

 
141.3

 
141.3

Current liabilities related to discontinued operations
 
94.7

 
37.8

 
132.5

Lease-related liabilities
 
204.6

 
(204.6
)
 

Long-term lease liabilities
 

 
769.1

 
769.1

Non-current liabilities related to discontinued operations
 
35.5

 
94.2

 
129.7

Accumulated deficit
 
(935.9
)
 
(11.5
)
 
(947.4
)