Annual report pursuant to Section 13 and 15(d)

BALANCE SHEET COMPONENTS (Tables)

v3.19.1
BALANCE SHEET COMPONENTS (Tables)
12 Months Ended
Feb. 03, 2018
Balance Sheet Related Disclosures [Abstract]  
Schedule of Other Current Assets
Other current assets as of February 2, 2019 and February 3, 2018 consist of the following:
 
 
February 2,
 
February 3,
(in millions)
 
2019
 
2018
Prepaid rent
 
$
142.5

 
$
138.3

Accounts receivable, net
 
100.9

 
90.4

Prepaid store supplies
 
46.3

 
47.1

Other prepaid assets
 
45.5

 
33.4

Total other current assets
 
$
335.2

 
$
309.2

Property, Plant and Equipment, Net
Property, Plant and Equipment
Property, plant and equipment are stated at cost and depreciated using the straight-line method over the estimated useful lives of the respective assets as follows:
Buildings
39 to 40 years
Furniture, fixtures and equipment
3 to 15 years

Leasehold improvements are amortized over the estimated useful lives of the respective assets or the committed terms of the related leases, whichever is shorter. Amortization is included in “Selling, general and administrative expenses” in the accompanying consolidated statements of operations.
Costs incurred related to software developed for internal use are capitalized and amortized, generally over three years.
Property, plant and equipment, net, as of February 2, 2019 and February 3, 2018 consists of the following: 
 
 
February 2,
 
February 3,
(in millions)
 
2019
 
2018
Land
 
$
215.3

 
$
208.0

Buildings
 
1,300.7

 
1,092.5

Leasehold improvements
 
2,037.4

 
1,860.2

Furniture, fixtures and equipment
 
3,348.7

 
3,003.3

Construction in progress
 
233.8

 
228.8

Total property, plant and equipment
 
7,135.9

 
6,392.8

Less: accumulated depreciation
 
3,690.6

 
3,192.1

Total property, plant and equipment, net
 
$
3,445.3

 
$
3,200.7

 
Other Current Liabilities Table
Other current liabilities as of February 2, 2019 and February 3, 2018 consist of accrued expenses for the following:
 
 
February 2,
 
February 3,
(in millions)
 
2019
 
2018
Taxes (other than income taxes)
 
$
159.5

 
$
176.6

Compensation and benefits
 
122.1

 
155.2

Insurance
 
106.0

 
105.4

Accrued construction costs
 
43.2

 
45.0

Rent-related liabilities
 
37.5

 
34.1

Accrued interest
 
29.1

 
91.1

Accrued utility expenses
 
23.1

 
23.9

Other
 
98.8

 
105.6

Total other current liabilities
 
$
619.3

 
$
736.9

Other Long-Term Liabilities Table
Other long-term liabilities as of February 2, 2019 and February 3, 2018 consist of the following:
 
 
February 2,
 
February 3,
(in millions)
 
2019
 
2018
Insurance
 
$
221.6

 
$
230.2

Deferred rent
 
142.8

 
136.5

Other
 
45.5

 
33.6

Total other long-term liabilities
 
$
409.9

 
$
400.3