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Segment Reporting (Tables)
 12 Months Ended
Feb. 01, 2020
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information
Information for the Company’s segments, as well as for Corporate and support, including the reconciliation to Income (loss) before income taxes, is as follows:
 
 
Year Ended
 
 
February 1,
 
February 2,
 
February 3,
(in millions)
 
2020
 
2019
 
2018
Consolidated Statements of Operations Data:
 
 
 
 
 
 
Net sales:
 
 
 
 
 
 
Dollar Tree
 
$
12,507.9

 
$
11,712.1

 
$
11,164.4

Family Dollar
 
11,102.9

 
11,111.2

 
11,081.1

Consolidated Net sales
 
$
23,610.8

 
$
22,823.3

 
$
22,245.5

 
 
 
 
 
 
 
Gross profit:
 
 
 
 
 
 
Dollar Tree
 
$
4,342.9

 
$
4,137.5

 
$
3,998.5

Family Dollar
 
2,697.8

 
2,810.0

 
3,023.4

Consolidated Gross profit
 
$
7,040.7

 
$
6,947.5

 
$
7,021.9

 
 
 
 
 
 
 
Operating income (loss):
 
 
 
 
 
 
Dollar Tree
 
$
1,657.8

 
$
1,645.9

 
$
1,616.8

Family Dollar
 
(81.0
)
 
(2,320.0
)
 
630.0

Corporate and support
 
(314.6
)
 
(265.4
)
 
(247.7
)
Consolidated Operating income (loss)
 
1,262.2

 
(939.5
)
 
1,999.1

Interest expense, net
 
162.1

 
370.0

 
301.8

Other expense (income), net
 
1.4

 
(0.5
)
 
(6.7
)
Income (loss) before income taxes
 
$
1,098.7

 
$
(1,309.0
)
 
$
1,704.0

 
 
 
 
 
 
 
Depreciation and amortization expense:
 
 
 
 
 
 
Dollar Tree
 
$
277.7

 
$
254.0

 
$
241.1

Family Dollar
 
339.1

 
346.5

 
356.1

Corporate and support
 
28.9

 
20.9

 
14.3

Consolidated depreciation and amortization expense
 
$
645.7

 
$
621.4

 
$
611.5

 
 
As of
 
 
February 1,
 
February 2,
(in millions)
 
2020
 
2019
Consolidated Balance Sheet Data:
 
 
 
 
Goodwill:
 
 
 
 
Dollar Tree
 
$
423.8

 
$
376.5

Family Dollar
 
1,559.5

 
1,920.1

Consolidated Goodwill
 
$
1,983.3

 
$
2,296.6

 
 
 
 
 
Total assets:
 
 
 
 
Dollar Tree
 
$
7,694.0

 
$
3,992.6

Family Dollar
 
11,484.9

 
9,144.7

Corporate and support
 
395.7

 
363.9

Consolidated Total assets
 
$
19,574.6

 
$
13,501.2

 
 
 
 
 
Additions to property, plant and equipment:
 
 
 
 
Dollar Tree
 
$
547.5

 
$
455.6

Family Dollar
 
425.2

 
251.0

Corporate and support
 
62.1

 
110.5

Consolidated additions to property, plant and equipment
 
$
1,034.8

 
$
817.1
Disaggregation of Revenue
The following table summarizes net sales by merchandise category for the Company’s segments:
 
 
Year Ended
 
 
February 1,
 
February 2,
 
February 3,
(in millions)
 
2020
 
2019
 
2018
Dollar Tree segment net sales by
    merchandise category:
 
 
 
 
 
 
 
 
 
 
 
 
Consumable
 
$
6,155.3

 
49.2
%
 
$
5,703.8

 
48.7
%
 
$
5,470.6

 
49.0
%
Variety
 
5,732.1

 
45.8
%
 
5,457.8

 
46.6
%
 
5,169.1

 
46.3
%
Seasonal
 
620.5

 
5.0
%
 
550.5

 
4.7
%
 
524.7

 
4.7
%
Total Dollar Tree segment net sales
 
$
12,507.9

 
100.0
%
 
$
11,712.1

 
100.0
%
 
$
11,164.4

 
100.0
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Family Dollar segment net sales by
    merchandise category:
 
 
 
 
 
 
 
 
 
 
 
 
Consumable
 
$
8,604.7

 
77.5
%
 
$
8,466.7

 
76.2
%
 
$
8,344.1

 
75.3
%
Home products
 
866.0

 
7.8
%
 
911.1

 
8.2
%
 
930.8

 
8.4
%
Apparel and accessories
 
644.0

 
5.8
%
 
700.0

 
6.3
%
 
731.3

 
6.6
%
Seasonal and electronics
 
988.2

 
8.9
%
 
1,033.4

 
9.3
%
 
1,074.9

 
9.7
%
Total Family Dollar segment net sales
 
$
11,102.9

 
100.0
%
 
$
11,111.2

 
100.0
%
 
$
11,081.1

 
100.0
%