Property And Equipment

12 Months Ended

Feb. 28, 2022

Property, Plant and Equipment [Abstract]

Property And Equipment

PROPERTY AND EQUIPMENT

	As of February 28
(In thousands)	2022		2021
Land	$	913,577	$	868,221
Land held for development (1)	73,347		78,960
Buildings	2,290,686		2,193,203
Leasehold improvements	331,002		291,129
Furniture, fixtures and equipment	520,407		633,857
Construction in progress	113,091		155,915
Software	246,616		121,400
Finance leases	157,890		127,142
Total property and equipment	4,646,616		4,469,827
Less: accumulated depreciation and amortization	(1,437,548)		(1,414,264)
Property and equipment, net	$	3,209,068	$	3,055,563

 (1)    Land held for development represents land owned for potential store growth.

Depreciation expense was $215.3 million in fiscal 2022, $195.3 million in fiscal 2021 and $190.6 million in fiscal 2020.