XML 71 R55.htm IDEA: XBRL DOCUMENT
v3.25.1

Leases (Tables) | 12 Months Ended
--- | ---
Feb. 01, 2025
Leases [Abstract] |
Schedule of Supplemental Cash Flow Information for Leases | The weighted average lease term and discount rate for the Company’s outstanding operating leases as of February 1, 2025 and February 3, 2024 were as follows:
|  | February 1, 2025 |  | February 3, 2024
Weighted average remaining lease term |  | 6.7 years |  | 7.0 years
Weighted average discount rate |  | 6.2 | % |  | 6.1 | %
The following table provides supplemental cash flow information related to the Company’s leases for Fiscal 2025, Fiscal 2024 and Fiscal 2023:
(in millions) |  | Fiscal 2025 |  | Fiscal 2024 |  | Fiscal 2023
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |  |  |
Operating cash flows from operating leases |  | $ | 407.1 |  |  | $ | 438.0 |  |  | $ | 387.5 |
Operating lease right-of-use assets obtained in exchange for lease obligations (1) |  | 320.1 |  |  | 235.2 |  |  | 191.5 |
Reduction in the carrying amount of ROU assets (2) |  | 309.1 |  |  | 316.5 |  |  | 331.2 |
(1) Includes $39.1 million of ROU assets acquired from Blue Nile in Fiscal 2023. See Note 4 for additional information. (2) Excludes ROU asset impairment charges, net of $2.0 million, $2.7 million, and $18.4 million during Fiscal 2025, Fiscal 2024, and Fiscal 2023, respectively, as further described in Note 14.
Schedule of Total Lease Costs For Operating Leases | The following table provides the components of total lease costs for Fiscal 2025, Fiscal 2024 and Fiscal 2023:
(in millions) |  | Fiscal 2025 |  | Fiscal 2024 |  | Fiscal 2023
Operating lease cost |  | $ | 387.6 |  |  | $ | 391.9 |  |  | $ | 399.1 |
Short-term lease cost |  | 46.7 |  |  | 47.9 |  |  | 47.4 |
Variable lease cost |  | 103.7 |  |  | 108.9 |  |  | 119.7 |
Sublease income |  | (1.3) |  |  | (0.6) |  |  | (1.5) |
Total lease cost |  | $ | 536.7 |  |  | $ | 548.1 |  |  | $ | 564.7 |
Schedule of Future Minimum Operating Lease Payments | The future minimum operating lease commitments for operating leases having initial or non-cancelable terms in excess of one year are as follows:
(in millions) |  | February 1, 2025
Fiscal 2026 |  | $ | 351.4 |
Fiscal 2027 |  | 313.9 |
Fiscal 2028 |  | 228.8 |
Fiscal 2029 |  | 159.0 |
Fiscal 2030 |  | 88.1 |
Thereafter |  | 350.3 |
Total minimum lease payments |  | $ | 1,491.5 |
Less: Imputed interest |  | (311.6) |
Present value of lease liabilities |  | $ | 1,179.9 |

X
- Definition Schedule of Supplemental Cash Flow Information for Leases [Table Text Block] + References No definition available. + Details
Name: | sig_ScheduleOfSupplementalCashFlowInformationForLeasesTableTextBlock
Namespace Prefix: | sig_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
Name: | us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration