Annual report pursuant to Section 13 and 15(d)

Supplemental Balance Sheet Information (Tables)

v3.24.1
Supplemental Balance Sheet Information (Tables)
 12 Months Ended
Feb. 03, 2024
Balance Sheet Related Disclosures [Abstract]  
Schedule of Property, Plant and Equipment, Net
In accordance with ASC Topic 360 “Property, Plant and Equipment,” 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
Building improvements
20 years
Furniture, fixtures and equipment, software
3 to 15 years
Leasehold improvements
Shorter of remaining lease term or related asset life
Property, plant and equipment, net, as of February 3, 2024 and January 28, 2023 consists of the following: 
(in millions) February 3, 2024 January 28, 2023
Land $ 247.9  $ 242.6 
Buildings 1,796.7  1,631.6 
Leasehold improvements 3,646.9  3,227.9 
Furniture, fixtures and equipment 5,899.2  5,261.7 
Construction in progress 1,184.8  633.8 
Total property, plant and equipment 12,775.5  10,997.6 
Less: accumulated depreciation 6,631.4  6,025.4 
Total property, plant and equipment, net $ 6,144.1  $ 4,972.2 
Schedule of Other Current Liabilities
Other current liabilities as of February 3, 2024 and January 28, 2023 consist of the following:
(in millions) February 3, 2024 January 28, 2023
Taxes (other than income taxes) $ 292.3  $ 253.7 
Compensation and benefits 247.3  143.9 
Insurance 143.4  131.1 
Other 384.2  289.0 
Total other current liabilities $ 1,067.2  $ 817.7