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Leases
3 Months Ended
May 03, 2025
Leases [Abstract]  
Leases Leases:
For the First Quarter of Fiscal 2025, operating lease expense was $22 million and variable lease expense was $11 million, resulting in total lease expense of $33 million compared to $32 million of total lease expense in the First Quarter of Fiscal 2024.
Cash paid for lease amounts included in the measurement of operating lease liabilities in the First Quarter of Fiscal 2025 and the First Quarter of Fiscal 2024 was $23 million and $22 million, respectively.
As of May 3, 2025, the stated lease liability payments for the fiscal years specified below were as follows (in thousands):
Operating lease
Remainder of 2025$58,797 
202679,856 
202772,348 
202868,827 
202953,388 
203042,937 
After 2030167,631 
Total lease payments$543,784 
Less: Difference between discounted and undiscounted lease payments118,730 
Present value of lease liabilities$425,054