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Leases (Tables)
 12 Months Ended
Jan. 30, 2021
Leases [Abstract]  
Summary of Locations and Expiration Dates of Leased Warehouses The following table summarizes the location and expiration date of the Company’s leased warehouses:
LocationLease Expiration Date
Leased Distribution/Warehouse Facilities
Moreno Valley, California1
2023
Moreno Valley, California1
2029
Shafter, California2029
Shafter, California1
2021
Las Vegas, Nevada2025
Carlisle, Pennsylvania2022
Carlisle, Pennsylvania2021
Fort Mill, South Carolina2024
Fort Mill, South Carolina2023
Rock Hill, South Carolina2028
1 Operated by a third party.
Schedule of Net Operating Lease Costs
The following table presents net operating lease costs included in the Consolidated Statement of Earnings for fiscal 2020 and 2019:

($000)20202019
Operating lease cost1
$669,339 $639,545 
Variable lease costs2
172,036 174,438 
Net lease cost3
$841,375 $813,983 
1 Net of sublease income which was immaterial.
2 Includes property and rent taxes, insurance, common area maintenance, and percentage rent. Fiscal 2020 also includes rent abatements negotiated due to the COVID-19 pandemic.
3 Excludes short-term lease costs which were immaterial.
Schedule of Maturities of Operating Lease Liabilities
The maturity of operating lease liabilities, including the ground lease related to the New York buying office as of January 30, 2021, are as follows:

($000)
Operating Leases1
2021$634,496 
2022659,045 
2023575,018 
2024466,458 
2025361,659 
Thereafter1,551,616 
Total lease payments$4,248,292 
Less: interest1,028,578 
Present value of lease liabilities$3,219,714 
Less: current operating lease liabilities598,120 
Non-current operating lease liabilities$2,621,594 
1 Operating leases exclude $188.7 million of minimum lease payments for leases signed that have not yet commenced.
Schedule of Lease Term, Discount Rate, and Assets and Liabilities Obtained in Exchange for New Operating Lease Liabilities
The weighted-average remaining lease term and the weighted-average discount rate for operating leases as of January 30, 2021 and February 1, 2020 are as follows:

20202019
Weighted-average remaining lease term (years):
Including the long-term ground lease related to the New York buying office
10.410.7
Excluding the long-term ground lease related to the New York buying office
5.96.1
Weighted-average discount rate:
Including the long-term ground lease related to the New York buying office
3.4 %3.5 %
Excluding the long-term ground lease related to the New York buying office
3.0 %3.1 %

The following table presents cash paid for amounts included in the measurement of operating lease liabilities and operating lease assets obtained in exchange for new operating lease liabilities (includes new leases and remeasurements or modifications of existing leases) for fiscal 2020 and 2019:

($000)20202019
Cash paid for amounts included in the measurement of operating lease liabilities
$554,620 $608,565 
Operating lease assets obtained in exchange for new operating lease liabilities1
$610,552 $739,326 
1 Includes new leases and remeasurements or modifications of existing leases.