Annual report pursuant to Section 13 and 15(d)

Properties and Leases (Tables)

v2.4.0.6
Properties and Leases (Tables)
12 Months Ended
Feb. 02, 2013
Property Plant and Equipment and Leases of Lessee [Abstract]  
Property, Plant and Equipment
 
February 2,
2013
 
January 28,
2012
 
(millions)
Land
$
1,736

 
$
1,689

Buildings on owned land
5,398

 
5,234

Buildings on leased land and leasehold improvements
2,057

 
2,165

Fixtures and equipment
4,909

 
5,275

Leased properties under capitalized leases
43

 
43

 
14,143

 
14,406

Less accumulated depreciation and amortization
5,947

 
5,986

 
$
8,196

 
$
8,420

Minimum Rental Commitments (Excluding Executory Costs) for Noncancellable Leases
Minimum rental commitments (excluding executory costs) at February 2, 2013, for noncancellable leases are:
 
 
Capitalized
Leases
 
Operating
Leases
 
Total
 
(millions)
Fiscal year
 
 
 
 
 
2013
$
5

 
$
257

 
$
262

2014
4

 
249

 
253

2015
3

 
211

 
214

2016
3

 
183

 
186

2017
3

 
165

 
168

After 2017
49

 
1,649

 
1,698

Total minimum lease payments
67

 
$
2,714

 
$
2,781

Less amount representing interest
32

 
 
 
 
Present value of net minimum capitalized lease payments
$
35

 
 
 
 
Rental Expense
Rental expense consists of:
 
 
2012
 
2011
 
2010
 
(millions)
Real estate (excluding executory costs)
 
 
 
 
 
Capitalized leases –
 
 
 
 
 
Contingent rentals
$

 
$

 
$

Operating leases –
 
 
 
 
 
Minimum rentals
248

 
242

 
234

Contingent rentals
21

 
19

 
16

 
269

 
261

 
250

Less income from subleases –
 
 
 
 
 
Operating leases
(11
)
 
(18
)
 
(15
)
 
$
258

 
$
243

 
$
235

Personal property – Operating leases
$
11

 
$
10

 
$
10