Annual report pursuant to Section 13 and 15(d)

BALANCE SHEET COMPONENTS

v3.7.0.1
BALANCE SHEET COMPONENTS
12 Months Ended
Jan. 28, 2017
Balance Sheet Related Disclosures [Abstract]  
BALANCE SHEET COMPONENTS
BALANCE SHEET COMPONENTS
Property, Plant and Equipment, Net
Property, plant and equipment, net, as of January 28, 2017 and January 30, 2016 consists of the following: 
 
 
January 28,
 
January 30,
(in millions)
 
2017
 
2016
Land
 
$
193.8

 
$
180.8

Buildings
 
1,044.9

 
906.0

Leasehold improvements
 
1,690.2

 
1,556.7

Furniture, fixtures and equipment
 
2,735.4

 
2,457.8

Construction in progress
 
146.0

 
196.2

Total property, plant and equipment
 
5,810.3

 
5,297.5

Less: accumulated depreciation
 
2,694.5

 
2,172.0

Total property, plant and equipment, net
 
$
3,115.8

 
$
3,125.5

 
Depreciation expense was $561.8 million, $442.1 million, and $206.0 million for the years ended January 28, 2017, January 30, 2016, and January 31, 2015, respectively.
Other Current Assets
Other current assets as of January 28, 2017 and January 30, 2016 consist of the following:
 
 
January 28,
 
January 30,
(in millions)
 
2017
 
2016
Other accounts receivable
 
$
82.0

 
$
77.8

Accounts receivable - divestiture-related
 
55.9

 
76.9

Prepaid store supplies
 
38.6

 
42.1

Other prepaid assets
 
23.4

 
59.7

Prepaid rent
 
1.9

 
53.8

Total other current assets
 
$
201.8

 
$
310.3


Other Current Liabilities
Other current liabilities as of January 28, 2017 and January 30, 2016 consist of accrued expenses for the following:
 
 
January 28,
 
January 30,
(in millions)
 
2017
 
2016
Compensation and benefits
 
$
194.9

 
$
195.8

Taxes (other than income taxes)
 
163.1

 
143.1

Insurance
 
101.7

 
111.1

Accrued interest
 
84.7

 
92.8

Rent liabilities
 
36.1

 
35.8

Accrued construction costs
 
30.3

 
39.5

Accrued utility expenses
 
21.2

 
20.8

Accrued repairs
 
18.3

 
3.6

Other
 
93.9

 
80.1

Total other current liabilities
 
$
744.2

 
$
722.6


Other Liabilities
Other long-term liabilities as of January 28, 2017 and January 30, 2016 consist of the following:
 
 
January 28,
 
January 30,
(in millions)
 
2017
 
2016
Deferred rent
 
$
122.6

 
$
102.2

Insurance
 
224.0

 
205.1

Other
 
35.8

 
45.9

Total other long-term liabilities
 
$
382.4

 
$
353.2