Annual report pursuant to Section 13 and 15(d)

BALANCE SHEET COMPONENTS

v3.3.1.900
BALANCE SHEET COMPONENTS
12 Months Ended
Jan. 30, 2016
Balance Sheet Related Disclosures [Abstract]  
BALANCE SHEET COMPONENTS
BALANCE SHEET COMPONENTS
Property, Plant and Equipment, Net
Property, plant and equipment, net, as of January 30, 2016 and January 31, 2015 consists of the following: 
 
January 30,
 
January 31,
(in millions)
2016
 
2015
Land
$
180.8

 
$
79.0

Buildings
906.0

 
336.9

Leasehold improvements
1,556.7

 
1,068.2

Furniture, fixtures and equipment
2,457.8

 
1,385.2

Construction in progress
196.2

 
100.9

Total property, plant and equipment
5,297.5

 
2,970.2

Less:  accumulated depreciation
2,172.0

 
1,759.7

Total property, plant and equipment, net
$
3,125.5

 
$
1,210.5

 
Depreciation expense was $442.1 million, $206.0 million, and $190.7 million for the years ended January 30, 2016, January 31, 2015, and February 1, 2014, respectively.
Other Current Assets
Other current assets as of January 30, 2016 and January 31, 2015 consist of the following:
 
January 30,
 
January 31,
(in millions)
2016
 
2015
Accounts receivable - divestiture-related
$
76.9

 
$

Other accounts receivable
77.8

 
11.0

Prepaid store supplies
42.1

 
18.0

Prepaid rent
79.0

 
25.8

Other prepaid assets
34.5

 
11.7

Total other current assets
$
310.3

 
$
66.5


Other Assets
Other assets as of January 30, 2016 and January 31, 2015 consist of the following:
 
January 30,
 
January 31,
(in millions)
2016
 
2015
Long-term federal income tax benefit
$
10.3

 
$
2.2

Restricted investments
82.0

 
78.9

Other long-term assets
38.5

 
9.8

Total other assets
$
130.8

 
$
90.9


Other Current Liabilities
Other current liabilities as of January 30, 2016 and January 31, 2015 consist of accrued expenses for the following:
 
January 30,
 
January 31,
(in millions)
2016
 
2015
Compensation and benefits
$
195.8

 
$
108.6

Insurance
111.1

 
42.7

Accrued interest
92.8

 
48.3

Taxes (other than income taxes)
73.6

 
30.6

Accrued property taxes
69.8

 
9.3

Accrued debt-issuance costs

 
58.4

Accrued construction costs
39.5

 
19.7

Rent liabilities
24.0

 
22.7

Accrued utility expenses
20.8

 
8.7

Other
95.2

 
36.3

Total other current liabilities
$
722.6

 
$
385.3


Other Liabilities
Other long-term liabilities as of January 30, 2016 and January 31, 2015 consist of the following:
 
January 30,
 
January 31,
(in millions)
2016
 
2015
Deferred rent
$
102.2

 
$
91.9

Insurance
205.1

 
51.8

Other
45.9

 
13.2

Total other long-term liabilities
$
353.2

 
$
156.9