Annual report pursuant to Section 13 and 15(d)

Properties and Leases (Tables)

v2.4.1.9
Properties and Leases (Tables)
12 Months Ended
Jan. 31, 2015
Property Plant and Equipment and Leases of Lessee [Abstract]  
Property, Plant and Equipment
 
January 31,
2015
 
February 1,
2014
 
(millions)
Land
$
1,664

 
$
1,696

Buildings on owned land
5,049

 
5,405

Buildings on leased land and leasehold improvements
1,819

 
2,041

Fixtures and equipment
4,828

 
4,811

Leased properties under capitalized leases
34

 
43

 
13,394

 
13,996

Less accumulated depreciation and amortization
5,594

 
6,066

 
$
7,800

 
$
7,930

Minimum Rental Commitments (Excluding Executory Costs) for Noncancellable Leases
Minimum rental commitments (excluding executory costs) at January 31, 2015, for noncancellable leases are:
 
 
Capitalized
Leases
 
Operating
Leases
 
Total
 
(millions)
Fiscal year
 
 
 
 
 
2015
$
3

 
$
260

 
$
263

2016
3

 
264

 
267

2017
3

 
246

 
249

2018
3

 
232

 
235

2019
3

 
214

 
217

After 2019
43

 
2,351

 
2,394

Total minimum lease payments
58

 
$
3,567

 
$
3,625

Less amount representing interest
28

 
 
 
 
Present value of net minimum capitalized lease payments
$
30

 
 
 
 
Rental Expense
Rental expense consists of:
 
 
2014
 
2013
 
2012
 
(millions)
Real estate (excluding executory costs)
 
 
 
 
 
Capitalized leases –
 
 
 
 
 
Contingent rentals
$

 
$

 
$

Operating leases –
 
 
 
 
 
Minimum rentals
265

 
256

 
248

Contingent rentals
22

 
22

 
21

 
287

 
278

 
269

Less income from subleases –
 
 
 
 
 
Operating leases
(8
)
 
(10
)
 
(11
)
 
$
279

 
$
268

 
$
258

Personal property – Operating leases
$
12

 
$
11

 
$
11