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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Feb. 01, 2025
Feb. 03, 2024
Jan. 28, 2023
Operating activities      
Net income $ 61.2 $ 810.4 $ 376.7
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 148.2 161.9 164.5
Amortization of unfavorable contracts (1.8) (1.8) (1.8)
Share-based compensation 22.2 41.1 42.0
Deferred taxation (30.7) (180.3) (99.3)
Asset impairments, net 372.0 9.1 22.7
Pension settlement loss 0.0 0.2 133.7
Loss (gain) on divestiture 2.6 (12.3) 0.0
Other non-cash movements 2.1 9.6 7.2
Changes in operating assets and liabilities, net of acquisitions and divestitures:      
Inventories 1.0 182.5 (16.5)
Other assets 49.6 (36.8) 16.1
Accounts payable 28.7 (134.5) (101.6)
Accrued expenses and other liabilities (31.2) (251.1) 120.0
Change in operating lease assets and liabilities (18.8) (39.7) 18.2
Deferred revenue 5.1 (7.0) 27.9
Income tax receivable and payable (19.3) (3.0) 98.5
Pension plan contributions 0.0 (1.4) (10.4)
Net cash provided by operating activities 590.9 546.9 797.9
Investing activities      
Capital expenditures (153.0) (125.5) (138.9)
Acquisitions, net of cash acquired 0.0 (6.0) (391.8)
Divestitures 0.0 53.8 0.0
Other investing activities, net (6.1) 1.9 (14.7)
Net cash used in investing activities (159.1) (75.8) (545.4)
Financing activities      
Dividends paid on common shares (48.6) (39.9) (36.6)
Dividends paid on redeemable convertible preferred shares (18.5) (32.9) (32.9)
Repurchase of common shares (138.0) (139.3) (376.1)
Repurchase of redeemable convertible preferred shares (813.8) 0.0 0.0
Repayment of Senior Notes (147.8) 0.0 0.0
Proceeds from asset-based credit facility 253.0 0.0 0.0
Repayments of asset-based credit facility (253.0) 0.0 0.0
Payment of debt issuance costs (4.3) 0.0 0.0
Other financing activities, net (28.5) (47.6) (44.4)
Net cash used in financing activities (1,199.5) (259.7) (490.0)
Cash and cash equivalents at beginning of period 1,378.7 1,166.8 1,418.3
(Decrease) increase in cash and cash equivalents (767.7) 211.4 (237.5)
Effect of exchange rate changes on cash and cash equivalents (7.0) 0.5 (14.0)
Cash and cash equivalents at end of period $ 604.0 $ 1,378.7 $ 1,166.8