Annual report pursuant to Section 13 and 15(d)

Segments and Disaggregated Revenue (Tables)

v3.20.4
Segments and Disaggregated Revenue (Tables)
12 Months Ended
Jan. 30, 2021
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information
Information for our segments, as well as for Corporate, support and Other, including the reconciliation to Income (loss) before income taxes, is as follows:
  Year Ended
  January 30, February 1, February 2,
(in millions) 2021 2020 2019
Consolidated Statements of Operations Data:
Net sales:
Dollar Tree $ 13,265.0  $ 12,507.9  $ 11,712.1 
Family Dollar 12,243.4  11,102.9  11,111.2 
Corporate, support and Other 0.9  —  — 
Consolidated Net sales $ 25,509.3  $ 23,610.8  $ 22,823.3 
Gross profit:
Dollar Tree $ 4,543.8  $ 4,342.9  $ 4,137.5 
Family Dollar 3,243.6  2,697.8  2,810.0 
Corporate, support and Other 0.9  —  — 
Consolidated Gross profit $ 7,788.3  $ 7,040.7  $ 6,947.5 
Operating income (loss):
Dollar Tree $ 1,598.0  $ 1,670.2  $ 1,657.4 
Family Dollar 655.6  (74.9) (2,312.8)
Corporate, support and Other (365.7) (333.1) (284.1)
Consolidated Operating income (loss) 1,887.9  1,262.2  (939.5)
Interest expense, net 147.3  162.1  370.0 
Other expense (income), net 0.8  1.4  (0.5)
Income (loss) before income taxes $ 1,739.8  $ 1,098.7  $ (1,309.0)
Depreciation and amortization expense:
Dollar Tree $ 302.3  $ 277.7  $ 254.0 
Family Dollar 352.6  337.9  345.3 
Corporate, support and Other 31.8  30.1  22.1 
Consolidated depreciation and amortization expense $ 686.7  $ 645.7  $ 621.4 
  As of
  January 30, February 1,
(in millions) 2021 2020
Consolidated Balance Sheet Data:
Goodwill:
Dollar Tree $ 424.9  $ 423.8 
Family Dollar 1,559.5  1,559.5 
Consolidated Goodwill $ 1,984.4  $ 1,983.3 
Total assets:
Dollar Tree $ 8,669.3  $ 7,694.0 
Family Dollar 11,562.2  11,484.9 
Corporate, support and Other 464.5  395.7 
Consolidated Total assets $ 20,696.0  $ 19,574.6 
Additions to property, plant and equipment:
Dollar Tree $ 470.4  $ 547.5 
Family Dollar 362.1  425.2 
Corporate, support and Other 66.3  62.1 
Consolidated additions to property, plant and equipment $ 898.8  $ 1,034.8 
Disaggregation of Revenue
The following table summarizes net sales by merchandise category for our segments:
  Year Ended
  January 30, February 1, February 2,
(in millions) 2021 2020 2019
Dollar Tree segment net sales by
merchandise category:
Consumable $ 6,407.0  48.3  % $ 6,155.3  49.2  % $ 5,703.8  48.7  %
Variety 6,194.8  46.7  % 5,732.1  45.8  % 5,457.8  46.6  %
Seasonal 663.2  5.0  % 620.5  5.0  % 550.5  4.7  %
Total Dollar Tree segment net sales $ 13,265.0  100.0  % $ 12,507.9  100.0  % $ 11,712.1  100.0  %
Family Dollar segment net sales by
merchandise category:
Consumable $ 9,367.8  76.5  % $ 8,604.7  77.5  % $ 8,466.7  76.2  %
Home products 1,078.1  8.8  % 866.0  7.8  % 911.1  8.2  %
Apparel and accessories 690.1  5.6  % 644.0  5.8  % 700.0  6.3  %
Seasonal and electronics 1,107.4  9.1  % 988.2  8.9  % 1,033.4  9.3  %
Total Family Dollar segment net sales $ 12,243.4  100.0  % $ 11,102.9  100.0  % $ 11,111.2  100.0  %