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Segments and Disaggregated Revenue (Tables)

9 Months Ended

Oct. 29, 2022

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												39 Weeks Ended
						October 29,						October 30,						October 29,						October 30,
(in millions)						2022						2021						2022						2021
Condensed Consolidated Income Statement Data:
Net sales:
Dollar Tree						$	3,756.1					$	3,417.4					$	11,109.0					$	10,003.0
Family Dollar						3,180.5						2,998.0						9,493.0						9,229.4
Consolidated Net sales						$	6,936.6					$	6,415.4					$	20,602.0					$	19,232.4
Gross profit:
Dollar Tree						$	1,328.3					$	1,031.1					$	4,197.9					$	3,207.1
Family Dollar						743.2						732.6						2,338.5						2,381.7
Consolidated Gross profit						$	2,071.5					$	1,763.7					$	6,536.4					$	5,588.8
Operating income (loss):
Dollar Tree						$	499.7					$	290.5					$	1,814.7					$	1,019.2
Family Dollar						(18.4)						88.6						126.1						456.3
Corporate, support and Other						(100.0)						(68.6)						(322.6)						(242.9)
Consolidated Operating income						381.3						310.5						1,618.2						1,232.6
Interest expense, net						32.7						33.4						97.3						99.4
Other expense, net						0.2						0.2						0.3						0.2
Income before income taxes						$	348.4					$	276.9					$	1,520.6					$	1,133.0

						As of
						October 29,						January 29,						October 30,
(in millions)						2022						2022						2021
Condensed Consolidated Balance Sheet Data:
Goodwill:
Dollar Tree						$	422.9					$	424.9					$	425.8
Family Dollar						1,559.5						1,559.5						1,559.5
Consolidated Goodwill						$	1,982.4					$	1,984.4					$	1,985.3
Total assets:
Dollar Tree						$	9,785.2					$	9,358.4					$	8,954.7
Family Dollar						12,631.1						11,871.8						11,869.8
Corporate, support and Other						493.2						491.6						565.5
Consolidated Total assets						$	22,909.5					$	21,721.8					$	21,390.0

Disaggregation of Revenue

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

						13 Weeks Ended																								39 Weeks Ended
						October 29,												October 30,												October 29,												October 30,
(in millions)						2022												2021												2022												2021
Dollar Tree segment net sales by     merchandise category:
Consumable						$	1,735.5					46.2		%				$	1,563.0					45.7		%				$	5,154.6					46.4		%				$	4,671.4					46.7		%
Variety						1,708.3						45.5		%				1,596.3						46.7		%				5,465.6						49.2		%				4,961.5						49.6		%
Seasonal						312.3						8.3		%				258.1						7.6		%				488.8						4.4		%				370.1						3.7		%
Total Dollar Tree segment net sales						$	3,756.1					100.0		%				$	3,417.4					100.0		%				$	11,109.0					100.0		%				$	10,003.0					100.0		%
Family Dollar segment net sales by     merchandise category:
Consumable						$	2,515.8					79.1		%				$	2,359.4					78.7		%				$	7,417.9					78.1		%				$	7,065.3					76.6		%
Home products						238.5						7.5		%				228.7						7.6		%				720.7						7.6		%				777.0						8.4		%
Apparel and accessories						181.4						5.7		%				178.3						6.0		%				540.7						5.7		%				592.4						6.4		%
Seasonal and electronics						244.8						7.7		%				231.6						7.7		%				813.7						8.6		%				794.7						8.6		%
Total Family Dollar segment net sales						$	3,180.5					100.0		%				$	2,998.0					100.0		%				$	9,493.0					100.0		%				$	9,229.4					100.0		%

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- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

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-Publisher FASB
-Name Accounting Standards Codification
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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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