Segments and Disaggregated Revenue (Tables)

12 Months Ended

Jan. 30, 2021

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

Information for our segments, as well as for Corporate, support and Other, including the reconciliation to Income (loss) before income taxes, is as follows:

	Year Ended
	January 30,		February 1,		February 2,
(in millions)	2021		2020		2019
Consolidated Statements of Operations Data:
Net sales:
Dollar Tree	$	13,265.0	$	12,507.9	$	11,712.1
Family Dollar	12,243.4		11,102.9		11,111.2
Corporate, support and Other	0.9		—		—
Consolidated Net sales	$	25,509.3	$	23,610.8	$	22,823.3
Gross profit:
Dollar Tree	$	4,543.8	$	4,342.9	$	4,137.5
Family Dollar	3,243.6		2,697.8		2,810.0
Corporate, support and Other	0.9		—		—
Consolidated Gross profit	$	7,788.3	$	7,040.7	$	6,947.5
Operating income (loss):
Dollar Tree	$	1,598.0	$	1,670.2	$	1,657.4
Family Dollar	655.6		(74.9)		(2,312.8)
Corporate, support and Other	(365.7)		(333.1)		(284.1)
Consolidated Operating income (loss)	1,887.9		1,262.2		(939.5)
Interest expense, net	147.3		162.1		370.0
Other expense (income), net	0.8		1.4		(0.5)
Income (loss) before income taxes	$	1,739.8	$	1,098.7	$	(1,309.0)
Depreciation and amortization expense:
Dollar Tree	$	302.3	$	277.7	$	254.0
Family Dollar	352.6		337.9		345.3
Corporate, support and Other	31.8		30.1		22.1
Consolidated depreciation and amortization expense	$	686.7	$	645.7	$	621.4

	As of
	January 30,		February 1,
(in millions)	2021		2020
Consolidated Balance Sheet Data:
Goodwill:
Dollar Tree	$	424.9	$	423.8
Family Dollar	1,559.5		1,559.5
Consolidated Goodwill	$	1,984.4	$	1,983.3
Total assets:
Dollar Tree	$	8,669.3	$	7,694.0
Family Dollar	11,562.2		11,484.9
Corporate, support and Other	464.5		395.7
Consolidated Total assets	$	20,696.0	$	19,574.6
Additions to property, plant and equipment:
Dollar Tree	$	470.4	$	547.5
Family Dollar	362.1		425.2
Corporate, support and Other	66.3		62.1
Consolidated additions to property, plant and equipment	$	898.8	$	1,034.8

Disaggregation of Revenue

The following table summarizes net sales by merchandise category for our segments:

	Year Ended
	January 30,				February 1,				February 2,
(in millions)	2021				2020				2019
Dollar Tree segment net sales by merchandise category:
Consumable	$	6,407.0	48.3	%	$	6,155.3	49.2	%	$	5,703.8	48.7	%
Variety	6,194.8		46.7	%	5,732.1		45.8	%	5,457.8		46.6	%
Seasonal	663.2		5.0	%	620.5		5.0	%	550.5		4.7	%
Total Dollar Tree segment net sales	$	13,265.0	100.0	%	$	12,507.9	100.0	%	$	11,712.1	100.0	%
Family Dollar segment net sales by merchandise category:
Consumable	$	9,367.8	76.5	%	$	8,604.7	77.5	%	$	8,466.7	76.2	%
Home products	1,078.1		8.8	%	866.0		7.8	%	911.1		8.2	%
Apparel and accessories	690.1		5.6	%	644.0		5.8	%	700.0		6.3	%
Seasonal and electronics	1,107.4		9.1	%	988.2		8.9	%	1,033.4		9.3	%
Total Family Dollar segment net sales	$	12,243.4	100.0	%	$	11,102.9	100.0	%	$	11,111.2	100.0	%