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Property at Cost
3 Months Ended
May 04, 2024
Property, Plant and Equipment [Abstract]  
Property at Cost Property at Cost
The following table presents the components of property at cost:
In millionsMay 4,
2024
February 3,
2024
April 29,
2023
Land and buildings
$2,200 $2,179 $2,055 
Leasehold costs and improvements
4,401 4,306 3,968 
Furniture, fixtures and equipment8,245 8,134 7,579 
Total property at cost$14,846 $14,619 $13,602 
Less: accumulated depreciation and amortization
8,224 8,048 7,703 
Net property at cost$6,622 $6,571 $5,899 
Depreciation expense was $263 million for the three months ended May 4, 2024 and $230 million for the three months ended April 29, 2023.
Non-cash investing activities consist of accrued capital additions of $154 million and $174 million as of the periods ended May 4, 2024 and April 29, 2023, respectively.