Operating Leases

12 Months Ended

Jan. 30, 2016

The Company leases all of its stores, three of its distribution centers and certain equipment under non-cancellable operating leases that expire at various dates through 2032. Initial lease terms are generally for 10 to 15 years and most store leases contain multiple five-year renewal options and rent escalation provisions. The lease agreements provide primarily for the payment of minimum annual rentals, costs of utilities, property taxes, maintenance, common areas and insurance, and in some cases, contingent rent stated as a percentage of gross sales over certain base amounts. Rent expense under these operating leases totaled approximately $469.0 million, $441.5 million and $411.5 million for fiscal 2015, 2014 and 2013, respectively.

Scheduled lease payments due under non-cancellable operating leases as of January 30, 2016 are as follows (in thousands):



Fiscal Year
2016	$	536,011
2017	532,823
2018	482,351
2019	430,619
2020	382,222
Thereafter	1,370,404
Total	$	3,734,430