v3.26.1
Financial Instruments (Tables)
12 Months Ended
Feb. 01, 2026
Investments, Debt and Equity Securities [Abstract]  
Schedule of Financial Instruments Measured at Fair Value
The following table includes a summary of financial instruments measured at fair value as of February 1, 2026 (in millions):

Level 1Level 2Level 3
Cash$858.8 $— $— 
Corporate bonds1.3 — — 
Cash and cash equivalents860.1 — — 
Corporate bonds17.6 — — 
Equity investments1.1 — — 
Marketable securities18.7 — — 
Total financial instruments$878.8 $— $— 
The following table includes a summary of financial instruments measured at fair value as of February 2, 2025 (in millions):

Level 1Level 2Level 3
Cash$595.8 $— $— 
Cash and cash equivalents595.8 — — 
Equity investments0.9 — — 
Marketable securities0.9 — — 
Unvested equity warrants— — 4.9 
Total financial instruments$596.7 $— $4.9 
Schedule of Changes in Fair Value for Financial Instruments Using Unobservable Level 3 Inputs
The following table summarizes the change in fair value for financial instruments using unobservable Level 3 inputs (in millions):

Fiscal Year
20252024
Beginning balance$4.9 $2.2 
Equity warrants terminated(4.9)— 
Change in fair value of equity warrants— 5.9 
Equity warrants vested— (3.2)
Ending balance$— $4.9