v3.25.4
Supplemental Financial Information (Tables)
 12 Months Ended
Jan. 31, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Cash and Cash Equivalents
January 31,
2026		February 1,
2025
Cash and cash equivalents:
Cash$2,566.1 $891.1 
Cash equivalents:
Time deposits72.7 57.2 
Cash and cash equivalents
$2,638.8 $948.3 
Schedule of Accounts Receivable, Net
January 31,
2026		February 1,
2025
Accounts receivable, net:
Accounts receivable $2,191.1 $1,031.0 
Less: Allowance for credit losses
(4.5)(2.6)
Accounts receivable, net$2,186.6 $1,028.4 
Schedule of Inventories
January 31,
2026		February 1,
2025
Inventories:
Work-in-process$1,105.6 $709.0 
Finished goods282.4 320.7 
Inventories$1,388.0 $1,029.7 
Schedule of Property and Equipment, Net
January 31,
2026		February 1,
2025
Property and equipment, net:
Machinery and equipment$1,825.2 $1,570.2 
Land, buildings, and leasehold improvements338.8 306.6 
Computer software137.1 126.4 
Furniture and fixtures41.5 34.3 
2,342.6 2,037.5 
Less: Accumulated depreciation(1,407.6)(1,247.0)
Property and equipment, net$935.0 $790.5 
Schedule of Other Non-Current Assets
January 31,
2026		February 1,
2025
Other non-current assets:
Prepaid ship and debits$584.2 $516.9 
Technology licenses (1)296.3 401.3 
Operating right-of-use assets284.1 246.0 
Prepayments on supply capacity reservation agreements278.8 307.8 
Non-marketable equity investments129.6 48.2 
Other153.9 74.8 
Other non-current assets$1,726.9 $1,595.0 
(1)Amortization of technology licenses was $124.7 million, $125.5 million and $177.1 million in fiscal 2026, 2025 and 2024, respectively.
Schedule of Accrued Liabilities
January 31,
2026		February 1,
2025
Accrued liabilities:
Variable consideration estimates (1)$713.8 $517.9 
Accrued income taxes payable228.3 55.6 
Technology license obligations84.1 101.8
Lease liabilities - current portion56.5 48.3 
Accrued restructuring55.1 91.5 
Accrued interest45.7 43.5 
Deferred revenue40.1 22.1 
Accrued royalties25.1 11.7 
Other88.4 80.2 
Accrued liabilities$1,337.1 $972.6 

(1)Substantially all of the variable consideration estimate is comprised of the ship and debit claims accrual, but also includes estimated customer returns, price discounts, price protection, rebates, and stock rotation programs.
Schedule of Other Non-Current Liabilities
January 31,
2026		February 1,
2025
Other non-current liabilities:
Lease liabilities - non-current $263.2 $231.0 
Non-current restructuring liabilities193.9 228.4 
Technology license obligations160.4 233.8 
Non-current income taxes payable117.4 73.4 
Deferred tax liabilities 20.5 33.8 
Other30.2 16.0 
Other non-current liabilities$785.6 $816.4 
Schedule Of Government Assistance The amounts recorded on the consolidated financial statements related to grants receivable and refundable investment credits were as follows (in millions):
January 31,
2026
Consolidated Balance Sheets
Prepaid expenses and other current assets
$107.3 
Inventories
(11.8)
Property and equipment, net
(3.7)
Total$91.8 
Year Ended
January 31,
2026
Consolidated Statements of Operations
Cost of goods sold$68.8 
Research and development15.1 
Selling, general and administrative4.4 
Total$88.3 
Schedule of Changes in Accumulated Other Comprehensive Income
The changes in accumulated other comprehensive income, net of tax, by components for the comparative periods are presented in the following table (in millions):
Unrealized Gain (Loss) on Cash Flow Hedges
Balance at February 3, 2024$1.1 
Other comprehensive income (loss) before reclassifications0.1 
Amounts reclassified from accumulated other comprehensive income (loss)(0.8)
Net current-period other comprehensive income (loss), net of tax(0.7)
Balance at February 1, 20250.4 
Other comprehensive income (loss) before reclassifications1.2 
Amounts reclassified from accumulated other comprehensive income (loss)(1.6)
Net current-period other comprehensive income (loss), net of tax(0.4)
Balance at January 31, 2026$— 
Schedule of Supplemental Cash Flow Information
The following table presents supplemental cash flow information related to income taxes paid, net of refunds received (in millions):
Year Ended
January 31,
2026
U.S. Federal$4.1 
U.S. State1.1 
Foreign
Singapore61.0 
India11.5 
Israel6.6 
Other7.8 
Total cash paid for income taxes, net of refunds received$92.1 
Year Ended
January 31,
2026		February 1,
2025		February 3,
2024
Supplemental Cash Flow Information:
Cash paid for interest$177.7 $173.4 $173.7 
Non-Cash Investing and Financing Activities:
Purchases under technology license obligations$11.9 $307.5 $56.2 
Unpaid purchases of property and equipment at end of year$156.4 $69.3 $80.1