Property at Cost

6 Months Ended

Aug. 03, 2019

Property, Plant and Equipment [Abstract]

Property at Cost

Property at Cost

The following table presents the components of property at cost:

In thousands	August 3, 2019		February 2, 2019		August 4, 2018
Land and buildings(a)	$	1,235,675	$	1,457,835	$	1,395,034
Leasehold costs and improvements(a)	3,410,862		3,377,045		3,263,267
Furniture, fixtures and equipment	6,096,876		5,894,239		5,619,196
Total property at cost	$	10,743,413	$	10,729,119	$	10,277,497
Less accumulated depreciation and amortization(a)	5,701,535		5,473,911		5,177,043
Net property at cost	$	5,041,878	$	5,255,208	$	5,100,454

(a) See Leases in Note A—Basis of Presentation and Summary of Significant Accounting Policies of Notes to Consolidated Financial Statements for impact of lease accounting changes.                                

Depreciation expense was $214.5 million for the three months ended August 3, 2019 and $204.2 million for the three months ended August 4, 2018. Depreciation expense was $424.2 million for the six months ended August 3, 2019 and $397.9 million for the six months ended August 4, 2018.