Properties and Leases (Tables)

12 Months Ended

Feb. 02, 2019

Property Plant and Equipment and Leases of Lessee [Abstract]

Property, Plant and Equipment

The major classes of property and equipment, net as of February 2, 2019 and February 3, 2018 are as follows: 

	February 2, 2019		February 3, 2018
	(millions)
Land	$	1,454	$	1,494
Buildings on owned land	4,019		4,106
Buildings on leased land and leasehold improvements	1,404		1,444
Fixtures and equipment	4,230		4,204
Leased properties under capitalized leases	25		34
	11,132		11,282
Less accumulated depreciation and amortization	4,495		4,610
	$	6,637	$	6,672

Minimum Rental Commitments (Excluding Executory Costs) for Noncancellable Leases

As of February 2, 2019, minimum rental commitments (excluding executory costs) for noncancellable leases, including executed leases not yet commenced, are as follows:

	Capitalized Leases		Operating Leases		Total
	(millions)
Fiscal year
2019	$	3	$	325	$	328
2020	3		315		318
2021	3		309		312
2022	3		283		286
2023	3		264		267
After 2023	31		2,758		2,789
Total minimum lease payments	46		$	4,254	$	4,300
Less amount representing interest	20
Present value of net minimum capitalized lease payments	$	26

Rental Expense

Rental expense consists of:

	2018			2017			2016
	(millions)
Real estate (excluding executory costs)
Operating leases –
Minimum rentals	$	317		$	317		$	312
Contingent rentals	11			11			12
	328			328			324
Less income from subleases –
Operating leases	(1		)	(3		)	(5		)
	$	327		$	325		$	319
Personal property – Operating leases	$	9		$	10		$	11