Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY

v3.23.2
CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
$ in Millions
Total
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Loss
Retained Earnings
Beginning balance (in shares) at Jan. 29, 2022   225,100,000      
Beginning balance at Jan. 29, 2022 $ 7,718.5 $ 2.2 $ 1,243.9 $ (35.2) $ 6,507.6
Statement of Stockholders' Equity [Roll Forward]          
Net income 896.3       896.3
Total other comprehensive income (loss) (1.1)     (1.1)  
Issuance of stock under Employee Stock Purchase Plan 4.8   4.8    
Stock-based compensation, net (in shares)   600,000      
Stock-based compensation, net $ 28.0   28.0    
Repurchase of stock (in shares) (1,754,496) (1,800,000)      
Repurchase of stock $ (250.0)   (250.0)    
Ending balance (in shares) at Jul. 30, 2022   223,900,000      
Ending balance at Jul. 30, 2022 8,396.5 $ 2.2 1,026.7 (36.3) 7,403.9
Beginning balance (in shares) at Apr. 30, 2022   225,500,000      
Beginning balance at Apr. 30, 2022 8,241.5 $ 2.2 1,230.6 (35.3) 7,044.0
Statement of Stockholders' Equity [Roll Forward]          
Net income 359.9       359.9
Total other comprehensive income (loss) (1.0)     (1.0)  
Issuance of stock under Employee Stock Purchase Plan 1.9   1.9    
Stock-based compensation, net (in shares)   100,000      
Stock-based compensation, net $ 30.0   30.0    
Repurchase of stock (in shares) (1,664,717) (1,700,000)      
Repurchase of stock $ (235.8)   (235.8)    
Ending balance (in shares) at Jul. 30, 2022   223,900,000      
Ending balance at Jul. 30, 2022 8,396.5 $ 2.2 1,026.7 (36.3) 7,403.9
Beginning balance (in shares) at Jan. 28, 2023   221,200,000      
Beginning balance at Jan. 28, 2023 8,751.5 $ 2.2 667.5 (41.2) 8,123.0
Statement of Stockholders' Equity [Roll Forward]          
Net income 499.4       499.4
Total other comprehensive income (loss) 1.1     1.1  
Issuance of stock under Employee Stock Purchase Plan 5.4   5.4    
Exercise of stock options (in shares)   0      
Exercise of stock options 0.1   0.1    
Stock-based compensation, net (in shares)   400,000      
Stock-based compensation, net 25.5   25.5    
Repurchase of stock (in shares)   1,700,000      
Repurchase of stock $ 252.0   252.0    
Repurchase of stock (in shares) (1,728,713)        
Repurchase of stock $ (252.0)        
Ending balance (in shares) at Jul. 29, 2023   219,900,000      
Ending balance at Jul. 29, 2023 9,031.0 $ 2.2 446.5 (40.1) 8,622.4
Beginning balance (in shares) at Apr. 29, 2023   220,600,000      
Beginning balance at Apr. 29, 2023 8,899.7 $ 2.2 519.5 (44.0) 8,422.0
Statement of Stockholders' Equity [Roll Forward]          
Net income 200.4       200.4
Total other comprehensive income (loss) 3.9     3.9  
Issuance of stock under Employee Stock Purchase Plan 2.5   2.5    
Stock-based compensation, net (in shares)   0      
Stock-based compensation, net 24.4   24.4    
Repurchase of stock (in shares)   700,000      
Repurchase of stock $ 99.9   99.9    
Repurchase of stock (in shares) (703,713)        
Repurchase of stock $ (99.9)        
Ending balance (in shares) at Jul. 29, 2023   219,900,000      
Ending balance at Jul. 29, 2023 $ 9,031.0 $ 2.2 $ 446.5 $ (40.1) $ 8,622.4