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Property at Cost
3 Months Ended
May 03, 2025
Property, Plant and Equipment [Abstract]  
Property at Cost Property at Cost
The following table presents the components of property at cost:
In millionsMay 3,
2025
February 1,
2025
May 4,
2024
Land and buildings
$2,603 $2,558 $2,200 
Leasehold costs and improvements
4,944 4,710 4,401 
Furniture, fixtures and equipment8,992 8,714 8,245 
Total property at cost$16,539 $15,982 $14,846 
Less: accumulated depreciation and amortization
8,985 8,636 8,224 
Net property at cost$7,554 $7,346 $6,622 
Depreciation expense was $295 million for the three months ended May 3, 2025 and $263 million for the three months ended May 4, 2024.
Non-cash investing activities consist of accrued capital additions of $166 million and $154 million as of the periods ended May 3, 2025 and May 4, 2024, respectively.