XML 72 R42.htm IDEA: XBRL DOCUMENT v3.19.2
Leases (Tables)
 6 Months Ended
Aug. 03, 2019
Leases [Abstract]  
Schedule of Lease Term and DIscount Rate
Weighted average lease term and discount rate were as follows:
 
 
August 3, 2019
Weighted average remaining lease term (in years)
 
6.9

Weighted average discount rate
 
5.6
%
Total Lease Costs For Operating Leases
Total lease costs for operating leases are as follows:
 
13 weeks ended
 
26 weeks ended
(in millions)
August 3, 2019
 
August 3, 2019
Operating lease cost
$
112.7

 
$
227.1

Short-term lease cost
3.4

 
11.2

Variable lease cost
27.4

 
54.0

Sublease income
(0.2
)
 
(0.9
)
Total lease cost
$
143.3

 
$
291.4
Schedule of Supplemental Cash Flow Information
Supplemental cash flow information related to leases was as follows:
 
13 weeks ended
 
26 weeks ended
(in millions)
August 3, 2019
 
August 3, 2019
Cash paid for amounts included in the measurement of lease liabilities:
 
 
 
Operating cash flows from operating leases
$
111.9

 
$
229.9

Operating lease right-of-use assets obtained in exchange for lease obligations
34.3

 
40.8
Future Minimum Operating Lease Payments
The future minimum operating lease payments for operating leases having initial or non-cancelable terms in excess of one year are as follows:
(in millions)
 
August 3, 2019
Remainder of Fiscal 2020
 
$
228.6

Fiscal 2021
 
418.3

Fiscal 2022
 
364.7

Fiscal 2023
 
311.6

Fiscal 2024
 
246.1

Thereafter
 
716.8

Total lease payments
 
$
2,286.1

Less: Imputed interest
 
(462.3
)
Present value of lease liabilities
 
$
1,823.8