Annual report pursuant to Section 13 and 15(d)

BALANCE SHEET COMPONENTS (Tables)

v2.4.1.9
BALANCE SHEET COMPONENTS (Tables)
 12 Months Ended
Jan. 31, 2015
Balance Sheet Related Disclosures [Abstract]  
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 and assets held under capital leases 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 income statements.
Costs incurred related to software developed for internal use are capitalized and amortized, generally over 3 years.
Property, plant and equipment, net, as of January 31, 2015 and February 1, 2014 consists of the following: 
 
January 31,
 
February 1,
(in millions)
2015
 
2014
Land
$
79.0

 
$
65.2

Buildings
336.9

 
319.8

Leasehold improvements
1,068.2

 
960.7

Furniture, fixtures and equipment
1,385.2

 
1,307.0

Construction in progress
100.9

 
57.4

Total property, plant and equipment
2,970.2

 
2,710.1

Less:  accumulated depreciation
1,759.7

 
1,616.1

Total property, plant and equipment, net
$
1,210.5

 
$
1,094.0

 
Other Assets
Other assets as of January 31, 2015 and February 1, 2014 consist of the following:
 
January 31,
 
February 1,
(in millions)
2015
 
2014
Deferred financing costs, net
$
74.3

 
$
4.3

Other intangible assets, net
1.5

 
2.5

Long-term federal income tax benefit
2.2

 
1.9

Restricted investments
78.9

 
87.9

Other long-term assets
9.8

 
9.4

Total other assets
$
166.7

 
$
106.0

Other Current Liabilities Table
Other current liabilities as of January 31, 2015 and February 1, 2014 consist of accrued expenses for the following:
 
 
January 31,
 
February 1,
(in millions)
2015
 
2014
Compensation and benefits
$
108.6

 
$
95.3

Taxes (other than income taxes)
30.6

 
26.4

Insurance
42.7

 
34.1

Accrued deferred financing costs
58.4

 
—

Accrued interest
48.3

 
2.0

Other
96.7

 
74.5

Total other current liabilities
$
385.3

 
$
232.3

Other Long-Term Liabilities Table
Other long-term liabilities as of January 31, 2015 and February 1, 2014 consist of the following:
 
January 31,
 
February 1,
(in millions)
2015
 
2014
Deferred rent
$
91.9

 
$
86.3

Insurance
51.8

 
54.7

Other
13.2

 
11.4

Total other long-term liabilities
$
156.9

 
$
152.4