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Property and Equipment
12 Months Ended
Jan. 29, 2017
Property and Equipment

Note B: Property and Equipment

Property and equipment consists of the following:

 

In thousands    Jan. 29, 2017     Jan. 31, 2016  

Leasehold improvements

   $ 923,909     $ 861,852  

Fixtures and equipment

     762,379       714,911  

Capitalized software

     584,122       455,954  

Land and buildings

     172,856       172,782  

Corporate systems projects in progress 1

     52,352       115,296  

Construction in progress 2

     13,704       20,325  

Total

         2,509,322           2,341,120  

Accumulated depreciation

     (1,586,039     (1,454,307

Property and equipment, net

   $ 923,283     $ 886,813  

 

1  Corporate systems projects in progress as of January 31, 2016 included approximately $77.6 million related to the portion of our new inventory and order management system that was placed in service during fiscal 2016.
2  Construction in progress primarily consists of leasehold improvements and furniture and fixtures related to new, expanded or remodeled retail stores where construction had not been completed as of year-end.