Annual report pursuant to Section 13 and 15(d)

BALANCE SHEET COMPONENTS

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BALANCE SHEET COMPONENTS
 12 Months Ended
Jan. 28, 2012
Balance Sheet Components [Abstract]  
BALANCE SHEET COMPONENTS [Text Block]
NOTE 2 - BALANCE SHEET COMPONENTS

Property, Plant and Equipment, Net
Property, plant and equipment, net, as of January 28, 2012 and January 29, 2011 consists of the following:
 
   
January 28,
    
January 29,
  
(in millions)
  
2012
    
2011
  
             
Land
   $ 38.2     $ 35.1  
Buildings
     209.8       192.3  
Leasehold improvements
     783.6       706.3  
Furniture, fixtures and equipment
     1,075.5       980.9  
Construction in progress
     48.7       30.8  
                 
Total property, plant and equipment
     2,155.8       1,945.4  
                 
Less:  accumulated depreciation
     1,330.5       1,204.3  
                 
Total property, plant and equipment, net
   $ 825.3     $ 741.1  
 
Depreciation expense was $164.2 million, $159.7 million and $157.8 million for the years ended January 28, 2012, January 29, 2011, and January 30, 2010, respectively.

Other Current Liabilities
Other current liabilities as of January 28, 2012 and January 29, 2011 consist of accrued expenses for the following:
 
   
January 28,
    
January 29,
  
(in millions)
  
2012
    
2011
  
             
Compensation and benefits
   $ 81.2     $ 76.5  
Taxes (other than income taxes)
     33.6       21.2  
Insurance
     31.2       29.7  
Other
     69.5       63.1  
                 
Total other current liabilities
   $ 215.5     $ 190.5  
 
Other Long-Term Liabilities
  Other long-term liabilities as of January 28, 2012 and January 29, 2011 consist of the following:
 
   
January 28,
    
January 29,
  
(in millions)
  
2012
    
2011
  
             
Deferred rent
   $ 77.9     $ 73.0  
Insurance
     48.9       39.9  
Other
     10.7       10.6  
                 
Total other long-term liabilities
   $ 137.5     $ 123.5