Annual report pursuant to Section 13 and 15(d)

LEASES

v3.19.1
LEASES
12 Months Ended
Feb. 02, 2019
LEASES  
LEASES

8. LEASES

 

We operate stores and use distribution centers, office facilities and equipment that are generally leased under non-cancelable operating leases, the majority of which provide for renewal options. Future minimum annual rental commitments for all non-cancelable operating leases as of February 2, 2019 are as follows (in thousands):

 

 

 

 

 

Fiscal Year

 

 

2019

 

$

428,698

2020

 

 

386,466

2021

 

 

331,032

2022

 

 

268,667

2023

 

 

206,424

Thereafter

 

 

508,178

Total minimum rental commitments

 

$

2,129,465

 

Rent expense applicable to non-cancelable operating leases was $423.8 million,  $425.5 million and $416.2 million in fiscal 2018, fiscal 2017 and fiscal 2016, respectively.