Depreciable

    

February 3,

    

January 29,

 

(In thousands)

 

Life

 

2017

 

2016

 

Land

 

Indefinite

 

$

199,171

 

$

188,532

 

Land improvements

 

 

 

20

 

 

74,209

 

 

66,955

 

Buildings

 

39

 -

40

 

 

1,013,227

 

 

834,884

 

Leasehold improvements

 

 

 

(a)

 

 

438,711

 

 

402,997

 

Furniture, fixtures and equipment

 

3

 -

10

 

 

2,797,144

 

 

2,526,843

 

Construction in progress

 

 

 

 

 

 

72,540

 

 

150,275

 

 

 

 

 

 

 

 

4,595,002

 

 

4,170,486

 

Less accumulated depreciation and amortization

 

 

 

 

 

 

2,160,546

 

 

1,906,424

 

Net property and equipment

 

 

 

 

 

$

2,434,456

 

$

2,264,062

 


(a)

Amortized over the lesser of the life of the applicable lease term or the estimated useful life of the asset.