XML 40 R27.htm IDEA: XBRL DOCUMENT v3.25.3
Debt (Tables)
 9 Months Ended
Nov. 01, 2025
Debt Disclosure [Abstract]  
Schedule of Outstanding Debt
The following table summarizes the Company’s outstanding debt at November 1, 2025 and February 1, 2025 (in millions):

Effective Interest RateNovember 1,
2025		February 1,
2025
Face Value Outstanding:
2026 Term Loan - 5-Year Tranche$— $590.6 
     Term Loan Total— 590.6 
4.875% MTG/MTI 2028 Senior Notes
4.940% / 4.988%
499.9 499.9 
1.650% 2026 Senior Notes
1.839%500.0 500.0 
2.450% 2028 Senior Notes
2.554%750.0 750.0 
5.750% 2029 Senior Notes
5.891%500.0 500.0 
4.750% 2030 Senior Notes
4.880%500.0 — 
2.950% 2031 Senior Notes
3.043%750.0 750.0 
5.950% 2033 Senior Notes
6.082%500.0 500.0 
5.450% 2035 Senior Notes
5.531%500.0 — 
     Senior Notes Total4,499.9 3,499.9 
Total borrowings$4,499.9 $4,090.5 
Less: Unamortized debt discount and issuance cost(31.0)(26.7)
Net carrying amount of debt$4,468.9 $4,063.8 
Less: Current portion (1)499.5 129.5 
Non-current portion$3,969.4 $3,934.3 

(1)As of November 1, 2025, the current portion of outstanding debt that is due within twelve months includes the 2026 Senior Notes. The Company intends to repay the current balance with operating cash flows. The weighted-average interest rate on short-term debt outstanding at November 1, 2025 and February 1, 2025 was 1.650% and 5.785%, respectively.
Schedule of Aggregate Future Contractual Maturities of Debt
As of November 1, 2025, the aggregate future contractual maturities of the Company’s outstanding debt, at face value, are as follows (in millions):

Fiscal YearAmount
Remainder of 2026$— 
2027500.0 
2028— 
20291,249.9 
2030500.0 
Thereafter2,250.0 
Total $4,499.9