Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v3.22.4
Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Jan. 28, 2023
Accounting Policies [Abstract]  
Schedule of Property, Plant and Equipment, Net
Property, plant and equipment are stated at cost and depreciated using the straight-line method over the estimated useful lives of the respective assets as follows:
Buildings
39 to 40 years
Furniture, fixtures and equipment
3 to 15 years
Property, plant and equipment, net, as of January 28, 2023 and January 29, 2022 consists of the following: 
  January 28, January 29,
(in millions) 2023 2022
Land $ 242.6  $ 239.7 
Buildings 1,631.6  1,568.2 
Leasehold improvements 3,227.9  2,840.1 
Furniture, fixtures and equipment 5,261.7  4,704.1 
Construction in progress 633.8  489.0 
Total property, plant and equipment 10,997.6  9,841.1 
Less: accumulated depreciation 6,025.4  5,363.8 
Total property, plant and equipment, net $ 4,972.2  $ 4,477.3