Segments and Disaggregated Revenue (Tables)

3 Months Ended

May 01, 2021

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Information for our segments, as well as for Corporate, support and Other, including the reconciliation to Income before income taxes, is as follows:

	13 Weeks Ended
	May 1,		May 2,
(in millions)	2021		2020
Condensed Consolidated Income Statement Data:
Net sales:
Dollar Tree	$	3,321.3	$	3,077.5
Family Dollar	3,155.5		3,209.3
Consolidated Net sales	$	6,476.8	$	6,286.8

	13 Weeks Ended
	May 1,		May 2,
(in millions)	2021		2020
Condensed Consolidated Income Statement Data:
Gross profit:
Dollar Tree	$	1,118.3	$	980.7
Family Dollar	845.8		814.2
Consolidated Gross profit	$	1,964.1	$	1,794.9
Operating income (loss):
Dollar Tree	$	400.3	$	282.0
Family Dollar	211.4		175.5
Corporate, support and Other	(91.8)		(91.6)
Consolidated Operating income	519.9		365.9
Interest expense, net	33.0		40.2
Other expense, net	—		0.5
Income before income taxes	$	486.9	$	325.2

	As of
	May 1,		January 30,		May 2,
(in millions)	2021		2021		2020
Condensed Consolidated Balance Sheet Data:
Goodwill:
Dollar Tree	$	426.1	$	424.9	$	421.9
Family Dollar	1,559.5		1,559.5		1,559.5
Consolidated Goodwill	$	1,985.6	$	1,984.4	$	1,981.4
Total assets:
Dollar Tree	$	8,963.8	$	8,669.3	$	8,504.7
Family Dollar	11,611.0		11,562.2		11,540.7
Corporate, support and Other	475.9		464.5		426.4
Consolidated Total assets	$	21,050.7	$	20,696.0	$	20,471.8

Disaggregation of Revenue

The following table summarizes net sales by merchandise category for our segments:

	13 Weeks Ended
	May 1,				May 2,
(in millions)	2021				2020
Dollar Tree segment net sales by     merchandise category:
Consumable	$	1,584.3	47.7	%	$	1,686.5	54.8	%
Variety	1,627.4		49.0	%	1,311.0		42.6	%
Seasonal	109.6		3.3	%	80.0		2.6	%
Total Dollar Tree segment net sales	$	3,321.3	100.0	%	$	3,077.5	100.0	%
Family Dollar segment net sales by     merchandise category:
Consumable	$	2,373.5	75.2	%	$	2,532.1	78.9	%
Home products	301.0		9.5	%	272.8		8.5	%
Apparel and accessories	205.2		6.5	%	154.1		4.8	%
Seasonal and electronics	275.8		8.8	%	250.3		7.8	%
Total Family Dollar segment net sales	$	3,155.5	100.0	%	$	3,209.3	100.0	%