PROPERTY AND EQUIPMENT

12 Months Ended

Aug. 03, 2019

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

NOTE 6—PROPERTY AND EQUIPMENT

Property and equipment, net consisted of the following:

(in thousands)	Original Estimated Useful Lives	2019		2018
Land		$	158,625	$	52,929
Buildings and improvements	20-40 years	912,732		431,297
Leasehold improvements	5-20 years	123,748		106,014
Equipment	3-30 years	722,911		426,732
Motor vehicles	3-7 years	76,021		4,884
Capital lease assets	1-11 years	114,107		15,368
Construction in progress		172,702		22,105
		2,280,846		1,059,329
Less accumulated depreciation and amortization		641,587		488,183
Property and equipment, net		$	1,639,259	$	571,146

The Company capitalized $3.3 million of interest during fiscal 2019. The Company did not capitalize interest during fiscal 2018 and 2017.

Depreciation and amortization expense on property and equipment was $178.8 million, $71.5 million and $69.8 million for fiscal 2019, 2018 and 2017, respectively.

In the fourth quarter of fiscal 2019, the Company entered into an agreement to sell a distribution center for $43.2 million related to our Pacific Northwest consolidation strategy, which is expected to close in the first quarter of fiscal 2020. This facility is classified as held for sale within Prepaid expenses and other current assets of continuing operations on our Consolidated Balance Sheets.