Property and Equipment, Net

3 Months Ended

Apr. 30, 2011

5. Property and Equipment, Net

The following table provides details of property and equipment, net as of April 30, 2011, January 29, 2011 and May 1, 2010:


	April 30, 2011			January 29, 2011			May 1, 2010
	(in millions)
Property and Equipment, at Cost	$	4,225		$	4,183		$	4,054
Accumulated Depreciation and Amortization		(2,627	)		(2,573	)		(2,377	)

Property and Equipment, Net	$	1,598		$	1,610		$	1,677

Depreciation expense was $97 million and $95 million for the first quarter of 2011 and 2010, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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