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Leases
12 Months Ended
Jan. 31, 2021
Leases [Abstract]  
Leases
Note E: Leases
The components of our lease costs are as follows:
 
In thousands
   Fiscal 2020      Fiscal 2019  
Operating lease costs
   $ 263,126      $ 267,883  
Variable lease costs
     107,477        129,018  
Total lease costs
   $     370,603      $     396,901  
Sublease income and short-term lease costs were not material to us for fiscal 2020.
Supplemental cash flow information related to our leases are as follows:
 
In thousands
   Fiscal 2020      Fiscal 2019  
Cash paid for amounts included in the measurement of operating lease liabilities
   $     285,906      $     285,678  
Net additions to
right-of-use
assets
   $ 135,457      $ 150,401  
Additional information related to our leases is as follows: 
 
      Fiscal 2020      Fiscal 2019  
Weighted average remaining lease term (years)
     7.0        7.3  
Weighted average incremental borrowing rate
     3.6%        3.8%  
As of January 31, 2021, the future minimum lease payments under our operating lease liabilities are as follows:
 
In thousands
       
Fiscal 2021
   $ 267,760  
Fiscal 2022
     234,946  
Fiscal 2023
     198,107  
Fiscal 2024
     172,068  
Fiscal 2025
     148,427  
Fiscal 2026 and thereafter
     406,121  
Total lease payments
         1,427,429  
Less: interest
     (192,618
Total operating lease liabilities
     1,234,811  
Less: current operating lease liabilities
     (209,754
Total
non-current
operating lease liabilities
   $     1,025,057  
We have also entered into agreements to lease additional distribution facility and retail space, which we will occupy beginning in fiscal 2021. Accordingly, future minimum lease payments under these agreements are not included in the table above.
Memphis-Based Distribution Facility
We have entered into an agreement with a partnership comprised of the estate of W. Howard Lester, our former Chairman of the Board and Chief Executive Officer, and the estate of James A. McMahan, a former Director Emeritus and significant stockholder and two unrelated parties to lease a distribution facility in Memphis, Tennessee through July 31, 2022. We made annual rental payments of approximately $1,493,000, $1,765,000, and $1,689,000 plus applicable taxes, insurance and maintenance expenses in fiscal 2020, fiscal 2019 and fiscal 2018, respectively.