Consolidated Balance Sheets - USD ($) $ in Millions	Jul. 31, 2021	Jan. 30, 2021	Aug. 01, 2020
Current assets:
Cash and cash equivalents	$ 22.1	$ 27.4	$ 41.1
Inventories	632.0	555.9	601.1
Prepaid expenses and other current assets	78.2	71.5	39.4
Total current assets	732.3	654.8	681.6
Property, equipment and leasehold improvements, net	263.4	280.5	305.7
Operating lease assets	847.8	837.0	893.0
Goodwill, net	162.0	162.0	162.0
Intangible assets, net	373.8	377.2	380.7
Other assets	25.5	25.8	18.7
Total assets	2,404.8	2,337.3	2,441.7
Current liabilities:
Accounts payable	266.2	250.1	284.8
Accrued expenses	136.6	171.3	145.0
Current portion of operating lease liabilities	175.0	187.2	176.0
Current portion of long-term debt	6.8
Total current liabilities	584.6	608.6	605.8
Long-term debt, net	771.2	786.3	905.0
Long-term operating lease liabilities	771.8	766.4	838.4
Long-term deferred income taxes	87.5	87.3	92.2
Other long-term liabilities	52.7	46.3	44.9
Shareholders’ equity (deficit):
Common stock, stated value $0.01 per share; 200,000,000 authorized; issued 44,080,177 shares at July 31, 2021 and 36,822,658 shares at August 1, 2020 and January 30, 2021	0.4	0.3	0.3
Additional paid-in capital	202.8	124.7	124.0
Retained deficit	(52.9)	(69.0)	(155.0)
Accumulated other comprehensive loss		(0.3)	(0.6)
Treasury stock at cost; 1,920,278 shares at July 31, 2021, August 1, 2020 and January 30, 2021	(13.3)	(13.3)	(13.3)
Total shareholders’ equity (deficit)	137.0	42.4	(44.6)
Total liabilities and shareholders’ equity (deficit)	$ 2,404.8	$ 2,337.3	$ 2,441.7

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).