Property and Equipment

12 Months Ended

Feb. 01, 2026

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

Property and equipment consists of the following:

	As of
(In thousands)	February 1, 2026		February 2, 2025
Capitalized software	$	1,005,775	$	956,596
Leasehold improvements	898,320		883,414
Fixtures and equipment	894,423		869,371
Land and buildings	181,425		180,074
Corporate aircraft	52,710		—
Corporate systems projects in progress	76,387		43,158
Construction in progress 1	30,284		40,399
Total	3,139,324		2,973,012
Accumulated depreciation	(2,044,166)		(1,939,078)
Property and equipment, net	$	1,095,158	$	1,033,934

1Construction in progress primarily consists of leasehold improvements and fixtures and equipment related to new, expanded or remodeled stores and distribution centers where construction had not been completed as of year-end. For the fiscal year ended February 2, 2025, construction in progress also included the corporate aircraft.