XML 137 R22.htm IDEA: XBRL DOCUMENT
v3.20.1

Leases | 12 Months Ended
--- | ---
Feb. 01, 2020
Leases [Abstract] |
Lessee, Operating Leases [Text Block] | Leases Net lease cost recognized on our Consolidated Statement of Income is summarized as follows:
| Fiscal Year
($ in millions) | 2019
Operating lease cost | $ | 1,233 |
Variable lease cost | 621 |
Sublease income | (9 | )
Net lease cost | $ | 1,845 |
As of February 1, 2020, the maturities of lease liabilities based on the total minimum lease commitment amount including options to extend lease terms that are reasonably certain of being exercised are as follows:
($ in millions) |
Fiscal Year |
2020 | $ | 1,185 |
2021 | 1,053 |
2022 | 952 |
2023 | 840 |
2024 | 747 |
Thereafter | 3,172 |
Total minimum lease payments | 7,949 |
Less: Interest | (1,521 | )
Present value of operating lease liabilities | 6,428 |
Less: Current portion of operating lease liabilities | (920 | )
Long-term operating lease liabilities | $ | 5,508 |
During fiscal 2019, non-cash operating lease asset additions, net of remeasurements and modifications, were $533 million. As of February 1, 2020, the minimum lease commitment amount for operating leases signed but not yet commenced, primarily for retail stores, was $240 million. As of February 1, 2020, the weighted-average remaining operating lease term was 8.7 years and the weighted-average discount rate was 4.7 percent for operating leases recognized on our Consolidated Financial Statements. As of February 1, 2020, the Company's finance leases were not material to our Consolidated Financial Statements. See Note 1 of Notes to Consolidated Financial Statements for additional disclosures related to leases. In accordance with ASC 840, Leases, the aggregate minimum non-cancelable annual lease payments under operating leases in effect on February 2, 2019 were as follows:
($ in millions) |  |
Fiscal Year |  |
2019 |  | $ | 1,156 |
2020 |  | 1,098 |
2021 |  | 892 |
2022 |  | 730 |
2023 |  | 539 |
Thereafter |  | 1,520 |
Total minimum lease commitments |  | $ | 5,935 |
The total minimum lease commitment amount above does not include minimum sublease rent income of $12 million receivable in the future under non-cancelable sublease agreements. In addition, the total minimum lease commitment amount above excludes options to extend lease terms that are reasonably assured of being exercised.

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=77888251 + Details
Name: | us-gaap_LesseeOperatingLeasesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration