Dollar Tree, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

BALANCE SHEET COMPONENTS (Tables)

BALANCE SHEET COMPONENTS (Tables)

12 Months Ended

Feb. 03, 2018

Balance Sheet Related Disclosures [Abstract]

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 February 3, 2018 and January 28, 2017 consists of the following:



	February 3,		January 28,
(in millions)	2018		2017
Land	$	208.0	$	193.8
Buildings	1,092.5		1,044.9
Leasehold improvements	1,860.2		1,690.2
Furniture, fixtures and equipment	3,003.3		2,735.4
Construction in progress	228.8		146.0
Total property, plant and equipment	6,392.8		5,810.3
Less: accumulated depreciation	3,192.1		2,694.5
Total property, plant and equipment, net	$	3,200.7	$	3,115.8

Schedule of Other Current Assets

Other current assets as of February 3, 2018 and January 28, 2017 consist of the following:



	February 3,		January 28,
(in millions)	2018		2017
Prepaid rent	$	138.3	$	1.9
Other accounts receivable	90.4		82.0
Prepaid store supplies	47.1		38.6
Other prepaid assets	33.4		23.4
Accounts receivable - divestiture-related	—		55.9
Total other current assets	$	309.2	$	201.8

Other Current Liabilities Table

Other current liabilities as of February 3, 2018 and January 28, 2017 consist of accrued expenses for the following:



	February 3,		January 28,
(in millions)	2018		2017
Taxes (other than income taxes)	$	176.6	$	163.1
Compensation and benefits	155.2		194.9
Insurance	105.4		101.7
Accrued interest	91.1		84.7
Accrued construction costs	45.0		30.3
Rent liabilities	34.1		36.1
Accrued utility expenses	23.9		21.2
Accrued repairs	18.8		18.3
Other	86.8		93.9
Total other current liabilities	$	736.9	$	744.2

Other Long-Term Liabilities Table

Other long-term liabilities as of February 3, 2018 and January 28, 2017 consist of the following:



	February 3,		January 28,
(in millions)	2018		2017
Insurance	$	230.2	$	224.0
Deferred rent	136.5		122.6
Other	33.6		35.8
Total other long-term liabilities	$	400.3	$	382.4