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Consolidated Balance Sheets - USD ($)
$ in Millions
Feb. 01, 2025
Feb. 03, 2024
Current assets:    
Cash and cash equivalents $ 604.0 $ 1,378.7
Inventories 1,937.3 1,936.6
Income taxes 14.3 9.4
Other current assets 156.6 211.9
Total current assets 2,712.2 3,536.6
Non-current assets:    
Property, plant and equipment, net 506.5 497.7
Operating lease right-of-use assets 1,102.4 1,001.8
Goodwill 482.0 754.5
Intangible assets, net 307.2 402.8
Other assets 314.8 319.3
Deferred tax assets 301.5 300.5
Total assets 5,726.6 6,813.2
Current liabilities:    
Current portion of long-term debt 0.0 147.7
Accounts payable 767.0 735.1
Accrued expenses and other current liabilities 366.8 400.2
Deferred revenue 362.5 362.9
Operating lease liabilities 279.9 260.3
Income taxes 55.3 69.8
Total current liabilities 1,831.5 1,976.0
Non-current liabilities:    
Operating lease liabilities 900.0 835.7
Other liabilities 85.1 96.0
Deferred revenue 885.1 881.8
Deferred tax liabilities 173.1 201.7
Total liabilities 3,874.8 3,991.2
Commitments and contingencies
Redeemable Series A Convertible Preference Shares $0.01 par value: authorized 500 shares, 0 shares outstanding (2024: 0.625 shares outstanding) 0.0 655.5
Shareholders’ equity:    
Common shares of $0.18 par value: authorized 500 shares, 43.2 shares outstanding (2024: 44.2 shares outstanding) 12.6 12.6
Additional paid-in capital 120.1 230.7
Other reserves 0.4 0.4
Treasury shares at cost: 26.8 shares (2024: 25.8 shares) (1,749.3) (1,646.9)
Retained earnings 3,745.5 3,835.0
Accumulated other comprehensive loss (277.5) (265.3)
Total shareholders’ equity 1,851.8 2,166.5
Total liabilities, redeemable convertible preferred shares and shareholders’ equity $ 5,726.6 $ 6,813.2