Segments and Disaggregated Revenue (Tables)

12 Months Ended

Jan. 28, 2023

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

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

	Year Ended
	January 28,		January 29,		January 30,
(in millions)	2023		2022		2021
Consolidated Income Statement Data:
Net sales:
Dollar Tree	$	15,405.7	$	13,922.1	$	13,265.0
Family Dollar	12,912.5		12,387.7		12,243.4
Consolidated Net sales	$	28,318.2	$	26,309.8	$	25,508.4
Gross profit:
Dollar Tree	$	5,775.5	$	4,603.6	$	4,543.8
Family Dollar	3,146.4		3,122.3		3,243.6
Consolidated Gross profit	$	8,921.9	$	7,725.9	$	7,787.4
Operating income (loss):
Dollar Tree	$	2,536.0	$	1,607.0	$	1,598.0
Family Dollar	127.5		543.1		655.6
Corporate, support and Other	(427.2)		(338.7)		(365.7)
Consolidated Operating income	2,236.3		1,811.4		1,887.9
Interest expense, net	125.3		178.9		147.3
Other expense, net	0.4		0.3		0.8
Income before income taxes	$	2,110.6	$	1,632.2	$	1,739.8
Depreciation and amortization expense:
Dollar Tree	$	338.8	$	316.0	$	302.3
Family Dollar	402.4		369.8		352.6
Corporate, support and Other	26.8		30.2		31.8
Consolidated depreciation and amortization expense	$	768.0	$	716.0	$	686.7

	As of
	January 28,		January 29,
(in millions)	2023		2022
Consolidated Balance Sheet Data:
Goodwill:
Dollar Tree	$	423.6	$	424.9
Family Dollar	1,559.5		1,559.5
Consolidated Goodwill	$	1,983.1	$	1,984.4
Total assets:
Dollar Tree	$	9,914.6	$	9,358.4
Family Dollar	12,562.2		11,871.8
Corporate, support and Other	545.3		491.6
Consolidated Total assets	$	23,022.1	$	21,721.8
Additions to property, plant and equipment:
Dollar Tree	$	548.7	$	477.1
Family Dollar	605.2		498.9
Corporate, support and Other	94.9		45.2
Consolidated additions to property, plant and equipment	$	1,248.8	$	1,021.2

Disaggregation of Revenue

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

	Year Ended
	January 28,				January 29,				January 30,
(in millions)	2023				2022				2021
Dollar Tree segment net sales by     merchandise category:
Consumable	$	6,978.8	45.3	%	$	6,334.5	45.5	%	$	6,407.0	48.3	%
Variety	7,456.3		48.4	%	6,794.0		48.8	%	6,194.8		46.7	%
Seasonal	970.6		6.3	%	793.6		5.7	%	663.2		5.0	%
Total Dollar Tree segment net sales	$	15,405.7	100.0	%	$	13,922.1	100.0	%	$	13,265.0	100.0	%
Family Dollar segment net sales by     merchandise category:
Consumable	$	10,036.2	77.7	%	$	9,446.5	76.3	%	$	9,367.8	76.5	%
Home products	982.5		7.6	%	1,033.9		8.3	%	1,078.1		8.8	%
Apparel and accessories	732.2		5.7	%	781.5		6.3	%	690.1		5.6	%
Seasonal and electronics	1,161.6		9.0	%	1,125.8		9.1	%	1,107.4		9.1	%
Total Family Dollar segment net sales	$	12,912.5	100.0	%	$	12,387.7	100.0	%	$	12,243.4	100.0	%