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Leases (Tables)
12 Months Ended
Feb. 01, 2025
Leases [Abstract]  
Operating lease information
The lease cost for operating leases that was recognized in the accompanying Consolidated Statements of Operations was as follows:
Year Ended
(in millions)February 1, 2025February 3, 2024January 28, 2023
Operating lease cost$1,041.6 $948.1 $907.2 
Variable lease cost328.9 296.0 279.7 
Short-term lease cost21.5 15.6 8.9 
Total lease cost*$1,392.0 $1,259.7 $1,195.8 
*Excludes sublease income, which is immaterial
Information regarding the weighted-average remaining lease term and the weighted-average discount rate for operating leases is as follows:
February 1, 2025February 3, 2024January 28, 2023
Weighted-average remaining lease term (years)5.65.45.2
Weighted-average discount rate4.6 %4.0 %3.4 %

The following represents supplemental information pertaining to our operating lease arrangements:
Year Ended
(in millions)February 1, 2025February 3, 2024January 28, 2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$1,047.6 $1,038.6 $900.4 
Right-of-use assets obtained in exchange for new operating lease liabilities$1,378.5 $1,113.0 $765.1 
Maturities of lease liabilities
As of February 1, 2025, maturities of lease liabilities were as follows:
Fiscal Year
(in millions)
2025$1,014.3 
2026986.6 
2027826.9 
2028646.0 
2029476.5 
Thereafter923.4 
Total undiscounted lease payments4,873.7 
Less interest474.3 
Present value of lease liabilities$4,399.4