Leases (Tables)

12 Months Ended

Feb. 01, 2020

Feb. 02, 2019

Effective February 3, 2019, we adopted ASC 842, Leases (see Note 1, "Nature of Operations and Summary of Significant Accounting Policies—Leases"). Rent expense under operating leases was as follows (in millions):



	Fiscal Year
	2019
Operating lease cost	$	342.6
Variable lease cost ⁽¹⁾	95.9
Total rent expense	$	438.5

Lessee, Operating Lease, Liability, Maturity [Table Text Block]

Expected lease payments associated with our operating lease liabilities, excluding percentage rentals, as of February 1, 2020, are as follows (in millions):



Period	Operating Leases⁽¹⁾
Fiscal Year 2020	$	268.5
Fiscal Year 2021	184.8
Fiscal Year 2022	129.8
Fiscal Year 2023	93.0
Fiscal Year 2024	65.7
Thereafter	104.4
Total remaining lease payments	846.2
Less: Interest	(77.5		)
Present value of lease liabilities⁽²⁾	$	768.7

As previously disclosed in our 2018 Annual Report on Form 10-K and under the previous lease accounting standard, ASC 840, future minimum rentals, including reasonably assured options, as of February 2, 2019, are as follows (in millions):



Period
Fiscal 2019	$	296.2
Fiscal 2020	208.7
Fiscal 2021	149.1
Fiscal 2022	105.4
Fiscal 2023	71.4
Thereafter	116.2
	$	947.0