XML 29 R11.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Property and Leases | 12 Months Ended
--- | ---
Jan. 28, 2018
Property and Leases [Abstract] |
Property and Leases | PROPERTY AND LEASES Net Property and Equipment The components of net property and equipment follow.
in millions | January 28, 2018 |  | January 29, 2017
Land | $ | 8,352 |  |  | $ | 8,207 |
Buildings | 18,073 |  |  | 17,772 |
Furniture, fixtures and equipment | 11,506 |  |  | 11,020 |
Leasehold improvements | 1,637 |  |  | 1,519 |
Construction in progress | 538 |  |  | 739 |
Capital leases | 1,308 |  |  | 1,169 |
Property and equipment, at cost | 41,414 |  |  | 40,426 |
Less accumulated depreciation and amortization | 19,339 |  |  | 18,512 |
Net property and equipment | $ | 22,075 |  |  | $ | 21,914 |
Leases We lease certain retail locations, office space, warehouse and distribution space, equipment, and vehicles. While most of the leases are operating leases, certain locations and equipment are leased under capital leases. As leases approach maturity, we consider various factors such as market conditions and the terms of any renewal options that may exist to determine whether we will renew or replace the lease. Short-term and long-term obligations for capital leases are included in the applicable long-term debt category based on maturity. Assets under capital leases (net of amortization) recorded in net property and equipment follow.
in millions | January 28, 2018 |  | January 29, 2017
Capital leases, net | $ | 821 |  |  | $ | 730 |
Certain lease agreements include escalating rents over the lease terms. Real estate taxes, insurance, maintenance, and operating expenses applicable to the leased property are our obligations under the lease agreements. We expense rent on a straight-line basis over the lease term, which commences on the date we have the right to control the property. The cumulative expense recognized on a straight-line basis in excess of the cumulative payments is included in other accrued expenses and other long-term liabilities. Our total rent expense follows.
in millions | Fiscal |  | Fiscal |  | Fiscal
2017 |  | 2016 |  | 2015
Total rent expense | $ | 1,053 |  |  | $ | 984 |  |  | $ | 922 |
The approximate future minimum lease payments under capital and operating leases at January 28, 2018 follow.
in millions | Operating Leases |  | Capital Leases
Fiscal 2018 | $ | 921 |  |  | $ | 147 |
Fiscal 2019 | 869 |  |  | 142 |
Fiscal 2020 | 786 |  |  | 156 |
Fiscal 2021 | 696 |  |  | 132 |
Fiscal 2022 | 580 |  |  | 132 |
Thereafter through fiscal 2097 | 3,286 |  |  | 1,044 |
| $ | 7,138 |  |  | 1,753 |
Less imputed interest |  |  | 769 |
Net present value of capital lease obligations |  |  | 984 |
Less current installments |  |  | 52 |
Long-term capital lease obligations, excluding current installments |  |  | $ | 932 |

X
- Definition Property and Leases [Abstract] + References No definition available. + Details
Name: | hd_PropertyAndLeasesAbstract
Namespace Prefix: | hd_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for properties and leases. + References No definition available. + Details
Name: | hd_PropertyAndLeasesTextBlock
Namespace Prefix: | hd_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration