Segments and Disaggregated Revenue (Tables)

6 Months Ended

Jul. 30, 2022

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				26 Weeks Ended
	July 30,		July 31,		July 30,		July 31,
(in millions)	2022		2021		2022		2021
Condensed Consolidated Income Statement Data:
Net sales:
Dollar Tree	$	3,571.1	$	3,264.3	$	7,352.9	$	6,585.6
Family Dollar	3,194.2		3,075.9		6,312.5		6,231.4
Consolidated Net sales	$	6,765.3	$	6,340.2	$	13,665.4	$	12,817.0

	13 Weeks Ended				26 Weeks Ended
	July 30,		July 31,		July 30,		July 31,
(in millions)	2022		2021		2022		2021
Condensed Consolidated Income Statement Data:
Gross profit:
Dollar Tree	$	1,334.9	$	1,057.7	$	2,869.6	$	2,176.0
Family Dollar	789.5		803.3		1,595.3		1,649.1
Consolidated Gross profit	$	2,124.4	$	1,861.0	$	4,464.9	$	3,825.1
Operating income (loss):
Dollar Tree	$	550.8	$	328.4	$	1,315.0	$	728.7
Family Dollar	55.0		156.3		144.5		367.7
Corporate, support and Other	(100.4)		(82.5)		(222.6)		(174.3)
Consolidated Operating income	505.4		402.2		1,236.9		922.1
Interest expense, net	30.6		33.0		64.6		66.0
Other expense, net	0.1		—		0.1		—
Income before income taxes	$	474.7	$	369.2	$	1,172.2	$	856.1

	As of
	July 30,		January 29,		July 31,
(in millions)	2022		2022		2021
Condensed Consolidated Balance Sheet Data:
Goodwill:
Dollar Tree	$	424.8	$	424.9	$	425.6
Family Dollar	1,559.5		1,559.5		1,559.5
Consolidated Goodwill	$	1,984.3	$	1,984.4	$	1,985.1
Total assets:
Dollar Tree	$	9,783.8	$	9,358.4	$	8,252.1
Family Dollar	12,359.1		11,871.8		11,700.2
Corporate, support and Other	533.4		491.6		492.9
Consolidated Total assets	$	22,676.3	$	21,721.8	$	20,445.2

Disaggregation of Revenue

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

	13 Weeks Ended								26 Weeks Ended
	July 30,				July 31,				July 30,				July 31,
(in millions)	2022				2021				2022				2021
Dollar Tree segment net sales by     merchandise category:
Consumable	$	1,671.9	46.8	%	$	1,524.1	46.7	%	$	3,419.1	46.5	%	$	3,108.4	47.2	%
Variety	1,892.9		53.0	%	1,737.8		53.2	%	3,757.3		51.1	%	3,365.2		51.1	%
Seasonal	6.3		0.2	%	2.4		0.1	%	176.5		2.4	%	112.0		1.7	%
Total Dollar Tree segment net sales	$	3,571.1	100.0	%	$	3,264.3	100.0	%	$	7,352.9	100.0	%	$	6,585.6	100.0	%
Family Dollar segment net sales by     merchandise category:
Consumable	$	2,467.0	77.3	%	$	2,332.4	75.8	%	$	4,902.1	77.7	%	$	4,705.9	75.5	%
Home products	234.1		7.3	%	247.3		8.0	%	482.2		7.6	%	548.3		8.8	%
Apparel and accessories	191.9		6.0	%	208.9		6.8	%	359.3		5.7	%	414.1		6.7	%
Seasonal and electronics	301.2		9.4	%	287.3		9.4	%	568.9		9.0	%	563.1		9.0	%
Total Family Dollar segment net sales	$	3,194.2	100.0	%	$	3,075.9	100.0	%	$	6,312.5	100.0	%	$	6,231.4	100.0	%