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Leases (Tables)
 12 Months Ended
Feb. 04, 2025
Leases [Abstract]  
Schedule of Lease Expense
The components of lease expense, including variable lease costs primarily consisting of common area maintenance charges and property taxes, are as follows:
February 4, 2025February 4, 2024January 29, 2023
Operating lease cost$202.5 $198.3 $168.2 
Variable lease cost42.5 40.1 38.4 
Short-term lease cost (1)
2.5 2.9 2.1 
Total lease cost$247.5 $241.3 $208.7 
(1)We have elected the short-term lease recognition exemption for all applicable classes of underlying assets. We have not recorded ROU assets and liabilities for leases with an initial term of 12 months or less that do not include a purchase option that we are reasonably certain to exercise.
Summary of Other Information Related to Leases
Supplemental disclosures of cash flow information related to leases were as follows for years ended:
February 4, 2025February 4, 2024January 29, 2023
Cash paid for operating lease liabilities$205.9 $204.3 $189.3 
Lease assets obtained in exchange for new operating lease liabilities (1)(2)
$92.1 $92.8 $376.2 
Weighted-average remaining lease term—operating leases12.6 years12.9 years13.6 years
Weighted-average discount rate—operating leases7.6 %7.5 %7.1 %
(1)Amounts shown are net of tenant improvement allowances recorded as a reduction of the initial right of use asset.
(2)Assets obtained during the fiscal year ended January 29, 2023 include leases acquired in a business combination.
Schedule of Disclosure of Minimum Future Maturities of Operating Lease Liabilities
Minimum future maturities of operating lease liabilities as of February 4, 2025 were as follows:
2025$216.1 
2026220.2 
2027216.6 
2028215.5 
2029209.3 
Thereafter1,559.6 
Total future operating lease liability$2,637.3 
Less: interest(963.6)
Present value of operating lease liabilities$1,673.7 
Schedule of Sale Leaseback Transactions
A summary of the transactions during fiscal 2024 and fiscal 2023 are as follows (there were no such transactions in fiscal 2022):
PropertiesSale PriceNet Proceeds
Annual Rent (1)
October 20234$85.8 $84.2 $6.4 
July 20242$44.8 $44.3 $3.6 
September 20241$28.5 $28.0 $2.1 
February 20255$111.4 $108.7 $8.1