Segments and Disaggregated Revenue (Tables)

6 Months Ended

Jul. 31, 2021

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

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

	13 Weeks Ended				26 Weeks Ended
	July 31,		August 1,		July 31,		August 1,
(in millions)	2021		2020		2021		2020
Condensed Consolidated Income Statement Data:
Net sales:
Dollar Tree	$	3,264.3	$	3,176.9	$	6,585.6	$	6,254.4
Family Dollar	3,075.9		3,100.7		6,231.4		6,310.0
Consolidated Net sales	$	6,340.2	$	6,277.6	$	12,817.0	$	12,564.4

	13 Weeks Ended				26 Weeks Ended
	July 31,		August 1,		July 31,		August 1,
(in millions)	2021		2020		2021		2020
Condensed Consolidated Income Statement Data:
Gross profit:
Dollar Tree	$	1,057.7	$	1,071.9	$	2,176.0	$	2,052.6
Family Dollar	803.3		844.3		1,649.1		1,658.5
Consolidated Gross profit	$	1,861.0	$	1,916.2	$	3,825.1	$	3,711.1
Operating income (loss):
Dollar Tree	$	328.4	$	306.6	$	728.7	$	588.6
Family Dollar	156.3		165.1		367.7		340.6
Corporate, support and Other	(82.5)		(96.8)		(174.3)		(188.4)
Consolidated Operating income	402.2		374.9		922.1		740.8
Interest expense, net	33.0		34.8		66.0		75.0
Other expense, net	—		0.2		—		0.7
Income before income taxes	$	369.2	$	339.9	$	856.1	$	665.1

	As of
	July 31,		January 30,		August 1,
(in millions)	2021		2021		2020
Condensed Consolidated Balance Sheet Data:
Goodwill:
Dollar Tree	$	425.6	$	424.9	$	423.5
Family Dollar	1,559.5		1,559.5		1,559.5
Consolidated Goodwill	$	1,985.1	$	1,984.4	$	1,983.0
Total assets:
Dollar Tree	$	8,252.1	$	8,669.3	$	8,531.2
Family Dollar	11,700.2		11,562.2		11,689.7
Corporate, support and Other	492.9		464.5		450.1
Consolidated Total assets	$	20,445.2	$	20,696.0	$	20,671.0

Disaggregation of Revenue

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

	13 Weeks Ended								26 Weeks Ended
	July 31,				August 1,				July 31,				August 1,
(in millions)	2021				2020				2021				2020
Dollar Tree segment net sales by     merchandise category:
Consumable	$	1,524.1	46.7	%	$	1,528.2	48.1	%	$	3,108.4	47.2	%	$	3,214.7	51.4	%
Variety	1,737.8		53.2	%	1,641.1		51.7	%	3,365.2		51.1	%	2,952.1		47.2	%
Seasonal	2.4		0.1	%	7.6		0.2	%	112.0		1.7	%	87.6		1.4	%
Total Dollar Tree segment net sales	$	3,264.3	100.0	%	$	3,176.9	100.0	%	$	6,585.6	100.0	%	$	6,254.4	100.0	%
Family Dollar segment net sales by     merchandise category:
Consumable	$	2,332.4	75.8	%	$	2,289.7	73.8	%	$	4,705.9	75.5	%	$	4,821.8	76.4	%
Home products	247.3		8.0	%	289.8		9.3	%	548.3		8.8	%	562.6		8.9	%
Apparel and accessories	208.9		6.8	%	206.3		6.7	%	414.1		6.7	%	360.4		5.7	%
Seasonal and electronics	287.3		9.4	%	314.9		10.2	%	563.1		9.0	%	565.2		9.0	%
Total Family Dollar segment net sales	$	3,075.9	100.0	%	$	3,100.7	100.0	%	$	6,231.4	100.0	%	$	6,310.0	100.0	%