Property at Cost

9 Months Ended

Nov. 03, 2018

Property, Plant and Equipment [Abstract]

Property at Cost

Property at Cost

The following table presents the components of property at cost:

In thousands	November 3, 2018		February 3, 2018		October 28, 2017
Land and buildings	$	1,423,528	$	1,355,777	$	1,294,992
Leasehold costs and improvements	3,318,857		3,254,830		3,145,922
Furniture, fixtures and equipment	5,728,827		5,357,701		5,172,488
Total property at cost	$	10,471,212	$	9,968,308	$	9,613,402
Less accumulated depreciation and amortization	5,305,337		4,962,255		4,755,118
Net property at cost	$	5,165,875	$	5,006,053	$	4,858,284

Depreciation expense was $203.6 million for the three months ended November 3, 2018 and $186.9 million for the three months ended October 28, 2017. Depreciation expense was $601.5 million for the nine months ended November 3, 2018 and $534.0 million for the nine months ended October 28, 2017. Depreciation expense was $726.0 million for the twelve months ended February 3, 2018.