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Leases
12 Months Ended
Jan. 31, 2015
Leases [Abstract]  
Leases

15.  Leases

The Company is obligated under operating leases for almost all of its store properties. Some of the store leases contain renewal options with varying terms and conditions. Management expects that in the normal course of business, expiring leases will generally be renewed or, upon making a decision to relocate, replaced by leases on other premises. Operating lease periods generally range from 5 to 10 years. Certain leases provide for additional rent payments based on a percentage of store sales.
Most of the Company’s leases require the payment of certain executory costs such as insurance, maintenance, and other costs in addition to the future minimum lease payments. These costs, including the amortization of lease rights, totaled $132 million in 2014 and $128 million in both 2013 and 2012. Included in the amounts below, are non-store expenses that totaled $17 million in 2014 and $16 million in both 2013 and 2012.
 
 
 
 
 
 
2014
 
2013
 
2012
  
 
(in millions)
Minimum rent
 
$
615
 
 
$
580
 
 
$
537
 
Contingent rent based on sales
 
 
25
 
 
 
22
 
 
 
24
 
Sublease income
 
 
(5
) 
 
 
(2
 
 
(1
  
 
$
635
 
 
$
600
 
 
$
560
 
Future minimum lease payments under non-cancelable operating leases, net of future non-cancelable operating sublease payments, are:
 
 
 
 
(in millions)
2015
 
$
567
 
2016
 
 
516
 
2017
 
 
453
 
2018
 
 
387
 
2019
 
 
339
 
Thereafter
 
 
1,164
 
Total operating lease commitments
 
$
3,426