Leases (Tables)

12 Months Ended

Jan. 29, 2022

Leases [Abstract]

Schedule of Lease Assets and Liabilities

Lease assets and liabilities are reflected in the Company’s consolidated balance sheets as follows (in thousands):

Leases	Balance sheet location	January 29, 2022		January 30, 2021
Assets
Operating leases	Operating lease right-of-use assets	$	1,338,465	$	1,328,108
Finance leases	Fixed assets, net(1)		24,500		9,350
Total lease assets		$	1,362,965	$	1,337,458
Liabilities
Current
Operating leases	Current portion of operating lease liabilities	$	265,897	$	258,289
Finance leases	Current portion of long-term debt and other    lease liabilities		4,764		2,203
Non-current
Operating leases	Operating lease liabilities, excluding    current portion		1,096,133		1,083,575
Finance leases	Other long-term liabilities		25,052		11,436
Total lease liabilities		$	1,391,846	$	1,355,503

(1) Finance lease right-of-use assets are recorded net of accumulated amortization of  $19.7 million and $17.3 million as of January 29, 2022 and January 30, 2021, respectively.

Components of Total Lease Cost

The components of total lease cost are as follows (in thousands):

	Fiscal years ended
	January 29, 2022			January 30, 2021			February 1, 2020
Operating lease cost	$	422,465		$	430,359		$	441,981
Finance lease cost:
Amortization of right-of-use lease assets		3,933			3,292			3,919
Interest on lease liabilities		876			908			973
Variable lease cost		109,723			105,859			112,709
Sublease income		(5,091	)		(5,327	)		(5,450	)
Total lease cost	$	531,906		$	535,091		$	554,132

Schedule of Other Information of Leases

Other information for the Company’s leases is as follows (in thousands):

	Fiscal years ended
	January 29, 2022		January 30, 2021		February 1, 2020
Cash paid for amounts included in the measurement    of lease liabilities:
Operating cash flows from operating leases	$	418,210	$	399,557	$	408,562
Operating cash flows from finance leases	$	850	$	941	$	973
Financing cash flows from finance leases	$	3,564	$	3,404	$	3,447
Lease assets obtained in exchange for lease liabilities:
Operating leases	$	308,166	$	132,829	$	133,219
Finance leases	$	19,841	$	613	$	3,695

	January 29, 2022			January 30, 2021
Weighted average remaining lease term:
Operating leases	6.0 years			5.9 years
Finance leases	3.6 years			6.6 years
Weighted average discount rate:
Operating leases		9.2	%		10.5	%
Finance leases		4.6	%		6.2	%

Schedule of Maturities of Operating and Finance Lease Liabilities

At January 29, 2022, the maturities of the Company’s operating and finance lease liabilities were as follows (in thousands):

Fiscal years	Operating leases			Finance leases
2022	$	377,379		$	6,006
2023		344,550			17,668
2024		285,637			2,766
2025		225,226			2,422
2026		168,098			1,580
Thereafter		367,791			2,750
Total lease payments	$	1,768,681		$	33,192
Less imputed interest		(406,651	)		(3,376	)
Present value of lease payments		1,362,030			29,816
Less current portion		(265,897	)		(4,764	)
Lease liabilities, excluding current portion	$	1,096,133		$	25,052