v3.23.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jul. 29, 2023
Jan. 28, 2023
Jul. 30, 2022
Current assets:      
Cash and cash equivalents $ 894.7 $ 1,139.0 $ 908.9
Marketable securities 300.0 251.6 0.0
Receivables, net of allowance of $2.2, $3.5 and $2.2, respectively 75.6 153.9 99.6
Merchandise inventories, net 676.9 682.9 734.8
Prepaid expenses and other current assets 58.0 96.3 275.9
Total current assets 2,005.2 2,323.7 2,019.2
Property and equipment, net of accumulated depreciation of $983.0, $990.1 and $1,006.8, respectively 119.3 136.5 146.8
Operating lease right-of-use assets 583.0 560.8 554.3
Deferred income taxes 17.6 18.3 16.7
Other noncurrent assets 78.6 74.1 62.5
Total assets 2,803.7 3,113.4 2,799.5
Current liabilities:      
Accounts payable 378.0 531.3 217.4
Accrued liabilities and other current liabilities 487.5 602.3 512.1
Current portion of operating lease liabilities 194.9 194.7 194.0
Current portion of long-term debt 11.0 10.8 8.9
Total current liabilities 1,071.4 1,339.1 932.4
Long-term debt 23.6 28.7 32.1
Operating lease liabilities 405.7 382.4 367.4
Other long-term liabilities 35.8 40.9 124.1
Total liabilities 1,536.5 1,791.1 1,456.0
Stockholders’ equity:      
Class A common stock — $.001 par value; 1,000 shares authorized; 305.2, 304.0 and 304.6 shares issued and outstanding, respectively 0.1 0.1 0.1
Additional paid-in capital 1,621.1 1,613.6 1,593.4
Accumulated other comprehensive loss (81.2) (71.9) (77.0)
Retained loss (272.8) (219.5) (173.0)
Total stockholders’ equity 1,267.2 1,322.3 1,343.5
Total liabilities and stockholders’ equity $ 2,803.7 $ 3,113.4 $ 2,799.5