Debt (Tables)

3 Months Ended

May 04, 2024

Debt Disclosure [Abstract]

Schedule of long-term debt

Unsecured senior debt (the “Senior Notes”), net of unamortized discounts and debt issuance costs, consisted of the following:

($000)	May 4, 2024		February 3, 2024		April 29, 2023
3.375% Senior Notes due 2024	$	249,827	$	249,713	$	249,370
4.600% Senior Notes due 2025	698,763		698,441		697,480
0.875% Senior Notes due 2026	497,576		497,268		496,345
4.700% Senior Notes due 2027	240,445		240,335		240,007
4.800% Senior Notes due 2030	132,820		132,776		132,645
1.875% Senior Notes due 2031	495,962		495,820		495,395
5.450% Senior Notes due 2050	146,397		146,377		146,319
Total long-term debt1	$	2,461,790	$	2,460,730	$	2,457,561
Less: current portion	$	948,590	$	249,713	$	—
Total due beyond one year	$	1,513,200	$	2,211,017	$	2,457,561

1 Net of unamortized discounts and debt issuance costs of $13.2 million, $14.3 million, and $17.4 million as of May 4, 2024, February 3, 2024, and April 29, 2023, respectively.

Schedule of components of interest expense and income

The table below shows the components of interest income for the three month periods ended May 4, 2024 and April 29, 2023:

	Three Months Ended
($000)	May 4, 2024		April 29, 2023
Interest expense on long-term debt	$	21,175	$	21,166
Other interest expense	358		373
Capitalized interest	(4,265)		(2,108)
Interest income	(63,218)		(50,828)
Interest income, net	$	(45,950)	$	(31,397)