Property, plant and equipment, net (Tables)

12 Months Ended

Jan. 31, 2026

Depreciation and amortization are recognized on the straight-line method over the estimated useful lives of the related assets as follows:



Buildings						Ranging from 30 – 40 years
Leasehold improvements						Remaining term of lease, not to exceed 10 years
Furniture and fixtures						Ranging from 3 – 10 years
Equipment and software						Ranging from 3 – 7 years

The following table provides the components of the Company’s property, plant and equipment, net as of January 31, 2026 and February 1, 2025:


(in millions)	January 31, 2026		February 1, 2025
Land and buildings	$	17.2	$	16.7
Leasehold improvements	733.6		703.8
Furniture and fixtures	776.8		746.9
Equipment	197.0		185.3
Software	279.3		261.5
Construction in progress	56.7		53.8
Total	$	2,060.6	$	1,968.0
Accumulated depreciation and amortization	(1,561.8)		(1,461.5)
Property, plant and equipment, net	$	498.8	$	506.5