v3.20.4
CONSOLIDATED BALANCE SHEETS - USD ($)
shares in Thousands, $ in Millions
Oct. 31, 2020
Aug. 01, 2020
Current assets:    
Cash and cash equivalents $ 380.3 $ 575.1
Inventories 382.5 322.3
Prepaid expenses and other current assets 206.5 162.9
Current assets related to discontinued operations 10.4 30.9
Total current assets 979.7 1,091.2
Property and equipment, net 416.0 466.0
Operating lease right-of-use assets 341.8 377.8
Goodwill 164.6 164.6
Other intangible assets, net 134.6 134.2
Equity method investment 52.4 45.2
Other assets 52.8 54.0
Non-current assets related to discontinued operations 0.0 1.1
Total assets 2,141.9 2,334.1
Current liabilities:    
Accounts payable 286.0 159.8
Accrued expenses and other current liabilities 174.1 64.4
Deferred income 108.4 109.1
Current portion of lease liabilities 0.6 [1],[2] 0.6
Current portion of long-term debt 0.0 227.9
Current liabilities related to discontinued operations 38.4 75.7
Total current liabilities 607.5 637.5
Long-term debt 292.4 0.0
Long-term lease liabilities 0.9 [1],[2] 0.8
Other non-current liabilities 47.3 39.2
Non-current liabilities related to discontinued operations 13.4 21.2
Liabilities Subject to Compromise 2,097.6 2,629.6
Total liabilities 3,059.1 3,328.3
Commitments and contingencies (Note 15)
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, outstanding (in shares) 10,090 10,087
Common stock, issued (in shares) 10,090 10,087
Shareholders’ deficit:    
Common stock, par value $0.01 per share; 10,090 and 10,087 shares issued and outstanding as of October 31, 2020 and August 1, 2020, respectively $ 0.1 $ 0.1
Additional paid-in capital 1,107.3 1,106.9
Accumulated deficit (2,012.9) (2,089.2)
Accumulated other comprehensive loss (11.7) (12.0)
Total shareholders deficit (917.2) (994.2)
Total liabilities and shareholders’ deficit $ 2,141.9 $ 2,334.1
[1] Although such amounts are generally non-cancelable, certain leases are cancelable if specified sales levels are not achieved or co-tenancy requirements are not being satisfied. All future minimum rentals under such leases have been included in the above table.
[2] Net of sublease income, which is not expected to be significant in any period.