Annual report pursuant to Section 13 and 15(d)

BALANCE SHEET COMPONENTS (Tables)

v3.7.0.1
BALANCE SHEET COMPONENTS (Tables)
12 Months Ended
Jan. 28, 2017
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 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 three years.
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

 
Schedule of 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 Table
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 Long-Term Liabilities Table
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