Supplemental Balance Sheet Information

12 Months Ended

Jan. 30, 2021

Balance Sheet Related Disclosures [Abstract]

Supplemental Balance Sheet Information

Supplemental Balance Sheet Information

Property, Plant and Equipment, Net

Property, plant and equipment, net, as of January 30, 2021 and February 1, 2020 consists of the following: 

	January 30,		February 1,
(in millions)	2021		2020
Land	$	238.7	$	233.5
Buildings	1,524.0		1,395.5
Leasehold improvements	2,631.7		2,335.1
Furniture, fixtures and equipment	4,229.4		3,813.2
Construction in progress	257.5		298.6
Total property, plant and equipment	8,881.3		8,075.9
Less: accumulated depreciation	4,765.0		4,194.1
Total property, plant and equipment, net	$	4,116.3	$	3,881.8

 Depreciation expense was $631.1 million, $581.9 million, and $555.7 million for the years ended January 30, 2021, February 1, 2020, and February 2, 2019, respectively.

Other Current Liabilities

Other current liabilities as of January 30, 2021 and February 1, 2020 consist of the following:

	January 30,		February 1,
(in millions)	2021		2020
Taxes (other than income taxes)	$	305.0	$	183.3
Compensation and benefits	162.8		102.8
Insurance	115.4		112.0
Accrued construction costs	44.9		51.1
Accrued utilities	27.8		22.0
Other	159.4		146.8
Total other current liabilities	$	815.3	$	618.0